Hesai Group Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Cash & Equivalents	2,162	1,555	913.28	449.35	256.69	112.74
Short-Term Investments	364.76	1,608	957.86	2,352	646.01	918.19
Cash & Short-Term Investments	2,527	3,163	1,871	2,801	902.69	1,031
Cash Growth	-21.11%	69.02%	-33.20%	210.30%	-12.44%	-
Accounts Receivable	884.04	544.51	497.64	232.36	94.66	36.51
Other Receivables	4.96	26.9	11.77	12.9	34.27	16.62
Receivables	889	571.41	509.41	245.26	128.92	53.14
Inventory	591.62	495.88	646.85	376.24	149.93	70.24
Prepaid Expenses	-	16.37	10.11	9.12	8.3	6.11
Restricted Cash	3.5	3.54	-	-	-	-
Other Current Assets	239.1	147.78	97.6	61.7	19.4	9.85
Total Current Assets	4,250	4,398	3,135	3,493	1,209	1,170
Property, Plant & Equipment	1,057	1,023	549.3	321.63	63.84	47.41
Long-Term Investments	31.81	31.81	31.86	1.9	1.99	1.99
Goodwill	-	-	3.82	3.5	3.64	3.89
Other Intangible Assets	123.64	119.47	62.21	62.02	14.26	9.06
Other Long-Term Assets	94.36	90.17	57.1	69.96	19.16	9.75
Total Assets	5,557	5,663	3,839	3,952	1,312	1,242
Accounts Payable	284.27	276.69	206.68	77.27	55.44	18.61
Accrued Expenses	448.22	280.02	214.38	250.83	64.86	37.94
Short-Term Debt	218.46	109.9	-	-	-	-
Current Portion of Long-Term Debt	-	1.78	-	-	-	-
Current Portion of Leases	-	34.99	34.98	-	-	-
Current Income Taxes Payable	-	-	-	-	0.01	1.26
Current Unearned Revenue	58.16	79.93	40.38	122.6	9.36	11.84
Other Current Liabilities	369.13	551.79	459.12	441.46	37.08	201.51
Total Current Liabilities	1,378	1,335	955.54	892.16	166.74	271.17
Long-Term Debt	298.89	285.9	18.47	-	-	-
Long-Term Leases	103.66	119.41	10.14	-	-	-
Long-Term Deferred Tax Liabilities	-	-	0.44	0.47	0.58	0.69
Other Long-Term Liabilities	53.77	59.81	6,000	5,550	7.61	41.29
Total Liabilities	1,835	1,800	6,985	6,443	174.93	313.15
Common Stock	0.09	0.09	0.04	0.04	-	-
Additional Paid-In Capital	7,536	7,424	-	-	1,194	-
Retained Earnings	-3,557	-3,307	-2,831	-2,189	-56.05	-170.76
Comprehensive Income & Other	-257.22	-254.28	-313.84	-301.76	-0.62	1.33
Total Common Equity	3,723	3,862	-3,145	-2,491	1,137	-169.43
Shareholders' Equity	3,723	3,862	-3,145	-2,491	1,137	929.21
Total Liabilities & Equity	5,557	5,663	3,839	3,952	1,312	1,242
Total Debt	621.01	551.99	63.59	-	-	-
Net Cash (Debt)	1,906	2,611	1,808	2,801	902.69	1,031
Net Cash Growth	-33.13%	44.43%	-35.47%	210.30%	-12.44%	-
Net Cash Per Share	14.87	20.92	15.65	26.68	10.04	12.90
Filing Date Shares Outstanding	129.9	127.48	125.53	115.53	89.9	79.9
Total Common Shares Outstanding	129.9	127.03	115.53	60.98	89.9	79.9
Working Capital	2,872	3,063	2,180	2,601	1,042	899.09
Book Value Per Share	28.66	30.41	-27.22	-40.84	12.65	-2.12
Tangible Book Value	3,599	3,743	-3,211	-2,556	1,119	-182.38
Tangible Book Value Per Share	27.71	29.46	-27.79	-41.92	12.45	-2.28
Land	-	39.31	-	-	-	-
Machinery	-	384.7	260.54	94.08	46.09	40.11
Construction In Progress	-	534.4	264.75	218.46	5.06	-
Leasehold Improvements	-	67.68	64	48.9	32.49	20.65

Source: S&P Capital IQ. Standard template. Financial Sources.