Hesai Group (HSAI)
NASDAQ: HSAI · Real-Time Price · USD
17.40
-0.90 (-4.92%)
At close: Sep 10, 2026, 4:00 PM EDT
17.48
+0.08 (0.46%)
After-hours: Sep 10, 2026, 7:30 PM EDT
Hesai Group Balance Sheet
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Assets
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Cash & Equivalents | 1,510 | 1,238 | 1,663 | 2,564 | 2,734 | 2,827 | 2,839 | 2,162 | 2,241 | 1,563 | 1,555 | 1,316 | 2,063 | 2,096 | 913.28 | 750.56 | 716.94 | - | 449.35 | 945.97 |
Short-Term Investments | 5,140 | 4,479 | 3,102 | 4,801 | 121.41 | 30.48 | 373.23 | 364.76 | 508.71 | 1,263 | 1,608 | 1,888 | 1,188 | 1,045 | 957.86 | 1,318 | 1,660 | - | 2,352 | 1,632 |
Cash & Short-Term Investments | 6,650 | 5,717 | 4,765 | 7,365 | 2,856 | 2,857 | 3,212 | 2,527 | 2,749 | 2,826 | 3,163 | 3,204 | 3,251 | 3,141 | 1,871 | 2,068 | 2,377 | 2,801 | 2,801 | 2,578 |
Cash Growth (YoY) | 132.86% | 100.09% | 48.35% | 191.42% | 3.87% | 1.09% | 1.57% | -21.11% | -15.43% | -10.03% | 69.02% | 54.90% | 36.78% | 12.15% | -33.20% | -19.77% | -11.63% | 4.14% | 210.30% | - |
Accounts Receivable | 1,184 | 1,166 | 1,357 | 1,233 | 1,100 | 988.13 | 797.28 | 884.04 | 723.81 | 590.78 | 544.51 | 417.06 | 403.55 | 361.92 | 497.64 | 362.94 | 222.42 | - | 232.36 | 156.27 |
Other Receivables | 50.25 | - | 80.34 | - | 45.61 | 5.04 | 33.51 | 4.96 | 5.03 | 5.02 | 26.9 | 5.08 | 5.09 | 5 | 11.77 | 5.5 | 5.39 | - | 12.9 | 10.25 |
Receivables | 1,235 | 1,166 | 1,437 | 1,233 | 1,146 | 993.17 | 830.78 | 889 | 728.84 | 595.8 | 571.41 | 422.14 | 408.64 | 366.92 | 509.41 | 368.44 | 227.81 | - | 245.26 | 166.52 |
Inventory | 868.5 | 721.74 | 670.45 | 642.76 | 599.25 | 489.97 | 482.14 | 591.62 | 671.02 | 634.69 | 495.88 | 500.29 | 562.27 | 634.65 | 646.85 | 567.89 | 440.62 | - | 376.24 | 330.83 |
Prepaid Expenses | - | - | 11.44 | - | 46.66 | - | 23.08 | - | - | - | 16.37 | - | - | - | 10.11 | 111.01 | - | - | 9.12 | 8.94 |
Restricted Cash | 13.44 | 3.96 | 4.01 | 4.05 | 4.08 | 3.59 | 3.59 | 3.5 | 3.56 | 3.55 | 3.54 | 3.59 | 3.61 | - | - | - | - | - | - | - |
Other Current Assets | 369.96 | 348.68 | 180.66 | 280.86 | 170.61 | 212.09 | 130.87 | 239.1 | 239.48 | 230.16 | 147.78 | 149.84 | 114.84 | 114.76 | 97.6 | - | 109.55 | - | 61.7 | 76.09 |
Total Current Assets | 9,136 | 7,957 | 7,069 | 9,525 | 4,822 | 4,556 | 4,683 | 4,250 | 4,392 | 4,291 | 4,398 | 4,279 | 4,340 | 4,258 | 3,135 | 3,115 | 3,155 | - | 3,493 | 3,160 |
Property, Plant & Equipment | 1,222 | 1,192 | 1,209 | 1,146 | 1,107 | 1,062 | 1,058 | 1,057 | 1,024 | 1,042 | 1,023 | 747.03 | 697.89 | 602 | 549.3 | 519.84 | 483.36 | - | 321.63 | 147.6 |
Long-Term Investments | 452.3 | 1,541 | 2,782 | 30 | 131.78 | 31.79 | 31.8 | 31.81 | 31.79 | 31.8 | 31.81 | 31.82 | 31.83 | 31.85 | 31.86 | 31.87 | 1.88 | - | 1.9 | 1.91 |
Goodwill | - | - | - | - | - | - | - | - | - | - | - | 3.67 | 3.83 | 3.77 | 3.82 | 3.9 | 3.68 | - | 3.5 | 3.62 |
Other Intangible Assets | 129.19 | 131.77 | 134.52 | 132.46 | 129.29 | 119.43 | 116.43 | 123.64 | 115.85 | 115.64 | 119.47 | 62.72 | 62.8 | 61.99 | 62.21 | 61.98 | 61.51 | - | 62.02 | 57.15 |
Other Long-Term Assets | 64.27 | 80.21 | 67.32 | 79.35 | 71.74 | 58.05 | 100.25 | 94.36 | 95.5 | 106.01 | 90.17 | 98.86 | 102.32 | 137.78 | 57.1 | 70.25 | 46.15 | - | 69.96 | 57.92 |
Total Assets | 11,004 | 10,902 | 11,261 | 10,913 | 6,262 | 5,827 | 5,990 | 5,557 | 5,660 | 5,586 | 5,663 | 5,223 | 5,239 | 5,095 | 3,839 | 3,803 | 3,751 | - | 3,952 | 3,428 |
Liabilities
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Accounts Payable | 750.65 | 595.04 | 742.76 | 607.35 | 582.38 | 400.85 | 355.11 | 284.27 | 389.04 | 362.68 | 276.69 | 223.72 | 165.44 | 167.84 | 206.68 | 181.38 | 123.67 | - | 77.27 | 90.22 |
Accrued Expenses | 418.54 | 383.28 | 431.02 | 465.03 | 223.31 | 360.74 | 373.37 | 448.22 | 411.76 | 354.49 | 280.02 | 266.63 | 266.44 | 233.65 | 214.38 | 131.95 | 78.42 | - | 250.83 | 181.97 |
Short-Term Debt | 395.49 | 482.17 | 331.78 | 448.23 | 361.78 | 280.27 | 228.8 | 218.46 | 168.26 | 161.75 | 109.9 | 109.9 | 109.9 | 109.9 | - | - | - | - | - | - |
Current Portion of Long-Term Debt | - | - | 116.46 | - | 116.45 | - | 116.45 | - | - | - | 1.78 | - | - | - | - | - | - | - | - | - |
Current Portion of Leases | - | - | 36.76 | - | 21.93 | - | 16.1 | - | - | - | 34.99 | - | - | - | 34.98 | 35.61 | 29.11 | - | - | - |
Current Income Taxes Payable | 27.52 | 27.52 | 27.16 | 27.55 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Current Unearned Revenue | 25.01 | 23.81 | 21.02 | 39.09 | 31.67 | 26.98 | 32.99 | 58.16 | 44.43 | 41.58 | 79.93 | 36.86 | 44.29 | 49.84 | 40.38 | 36.9 | 30.65 | - | 122.6 | 152.27 |
Other Current Liabilities | 85.33 | 87.93 | 188.39 | 67.91 | 178.32 | 53.52 | 506.12 | 369.13 | 375.31 | 367.74 | 551.79 | 367.49 | 367.33 | 348.3 | 459.12 | 438.92 | 453.09 | - | 441.46 | 390 |
Total Current Liabilities | 1,703 | 1,600 | 1,895 | 1,655 | 1,516 | 1,122 | 1,629 | 1,378 | 1,389 | 1,288 | 1,335 | 1,005 | 953.4 | 909.52 | 955.54 | 824.75 | 714.94 | - | 892.16 | 814.45 |
Long-Term Debt | 242.01 | 258.16 | 278.73 | 315.39 | 273.44 | 300.29 | 269.44 | 298.89 | 334.29 | 326.55 | 285.9 | 238.73 | 197.28 | 110.45 | 18.47 | - | - | - | - | - |
Long-Term Leases | 68.19 | 76.82 | 85.56 | 71.73 | 77.31 | 69.8 | 98.37 | 103.66 | 109.59 | 115.45 | 119.41 | 4.3 | 5.36 | 6.85 | 10.14 | 17.34 | 24.95 | - | - | - |
Long-Term Deferred Tax Liabilities | - | - | - | - | - | - | - | - | - | - | - | 0.4 | 0.43 | 0.42 | 0.44 | 0.47 | 0.46 | - | 0.47 | 0.52 |
Other Long-Term Liabilities | 40.75 | 41.82 | 42.91 | 30.05 | 40.27 | 57.81 | 61.13 | 53.77 | 54.37 | 56.02 | 59.81 | 18.05 | 20.26 | 14.71 | 6,000 | 5,998 | 5,781 | - | 5,550 | 19.45 |
Total Liabilities | 2,053 | 1,977 | 2,303 | 2,072 | 1,907 | 1,550 | 2,058 | 1,835 | 1,887 | 1,786 | 1,800 | 1,266 | 1,177 | 1,042 | 6,985 | 6,840 | 6,522 | - | 6,443 | 834.42 |
Shareholders' Equity
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Common Stock | 0.11 | 0.11 | 0.11 | 0.11 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.08 | 0.08 | 0.08 | 0.04 | 0.04 | 0.04 | - | 0.04 | 0.07 |
Additional Paid-In Capital | 11,992 | 11,958 | 11,926 | 11,897 | 7,651 | 7,615 | 7,577 | 7,536 | 7,507 | 7,465 | 7,424 | 7,380 | 7,332 | 7,304 | - | - | - | - | - | 3,622 |
Retained Earnings | -2,885 | -2,956 | -2,974 | -3,127 | -3,383 | -3,427 | -3,410 | -3,557 | -3,486 | -3,414 | -3,307 | -3,166 | -3,025 | -2,950 | -2,831 | -2,721 | -2,462 | - | -2,189 | -277.64 |
Comprehensive Income & Other | -156.57 | -76.65 | 6.53 | 70.43 | 87.22 | 88.87 | -235.75 | -257.22 | -248.26 | -251.19 | -254.28 | -256.27 | -245.4 | -300.89 | -313.84 | -316.53 | -308.45 | - | -301.76 | -750.32 |
Total Common Equity | 8,951 | 8,926 | 8,959 | 8,840 | 4,355 | 4,277 | 3,932 | 3,723 | 3,773 | 3,800 | 3,862 | 3,957 | 4,062 | 4,053 | -3,145 | -3,037 | -2,770 | -2,491 | -2,491 | 2,594 |
Shareholders' Equity | 8,951 | 8,926 | 8,959 | 8,840 | 4,355 | 4,277 | 3,932 | 3,723 | 3,773 | 3,800 | 3,862 | 3,957 | 4,062 | 4,053 | -3,145 | -3,037 | -2,770 | -2,491 | -2,491 | 2,594 |
Total Liabilities & Equity | 11,004 | 10,902 | 11,261 | 10,913 | 6,262 | 5,827 | 5,990 | 5,557 | 5,660 | 5,586 | 5,663 | 5,223 | 5,239 | 5,095 | 3,839 | 3,803 | 3,751 | - | 3,952 | 3,428 |
Additional Metrics
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Total Debt | 705.68 | 817.16 | 849.28 | 835.35 | 850.91 | 650.35 | 729.16 | 621.01 | 612.14 | 603.76 | 551.99 | 352.93 | 312.54 | 227.2 | 63.59 | 52.94 | 54.06 | - | - | - |
Net Cash (Debt) | 5,944 | 4,900 | 3,916 | 6,529 | 2,005 | 2,207 | 2,483 | 1,906 | 2,137 | 2,223 | 2,611 | 2,851 | 2,939 | 2,914 | 1,808 | 2,015 | 2,323 | 2,801 | 2,801 | 2,578 |
Net Cash Growth (YoY) | 196.49% | 122.03% | 57.71% | 242.54% | -6.19% | -0.71% | -4.89% | -33.13% | -27.27% | -23.73% | 44.43% | 41.46% | 26.51% | 4.04% | -35.47% | -21.82% | -13.23% | 4.64% | 210.30% | - |
Net Cash Per Share | 36.51 | 30.03 | 23.91 | 45.50 | 14.40 | 16.79 | 18.31 | 14.67 | 16.56 | 17.45 | 20.64 | 22.66 | 23.38 | 24.05 | 15.65 | 17.44 | 20.10 | 24.24 | 24.22 | 23.14 |
Filing Date Shares Outstanding | 156.55 | 156.21 | 156.44 | 136.39 | 132.88 | 131.46 | 132.47 | 129.9 | 129.08 | 127.34 | 127.48 | 125.8 | 125.66 | 121.17 | 125.53 | 115.53 | 115.53 | 115.53 | 115.53 | 115.53 |
Total Common Shares Outstanding | 156.55 | 156.21 | 156.15 | 136.39 | 132.88 | 131.46 | 131.16 | 129.9 | 129.08 | 127.34 | 127.03 | 125.8 | 125.66 | 121.17 | 115.53 | 60.98 | 60.98 | 115.53 | 60.98 | 115.53 |
Working Capital | 7,434 | 6,357 | 5,174 | 7,870 | 3,306 | 3,434 | 3,054 | 2,872 | 3,003 | 3,002 | 3,063 | 3,275 | 3,387 | 3,348 | 2,180 | 2,291 | 2,440 | - | 2,601 | 2,346 |
Book Value Per Share | 57.17 | 57.14 | 57.37 | 64.82 | 32.78 | 32.54 | 29.98 | 28.66 | 29.23 | 29.84 | 30.41 | 31.46 | 32.33 | 33.45 | -27.22 | -49.80 | -45.42 | -40.84 | -40.84 | 22.45 |
Tangible Book Value | 8,822 | 8,794 | 8,824 | 8,708 | 4,226 | 4,158 | 3,815 | 3,599 | 3,657 | 3,684 | 3,743 | 3,891 | 3,996 | 3,987 | -3,211 | -3,103 | -2,835 | -2,556 | -2,556 | 2,533 |
Tangible Book Value Per Share | 56.35 | 56.29 | 56.51 | 63.85 | 31.80 | 31.63 | 29.09 | 27.71 | 28.33 | 28.93 | 29.46 | 30.93 | 31.80 | 32.91 | -27.79 | -50.88 | -46.49 | -41.92 | -41.92 | 21.92 |
Land | - | - | 42.44 | - | 41.9 | - | 39.31 | - | - | - | 39.31 | - | - | - | - | - | - | - | - | - |
Buildings | - | - | 342.71 | - | 342.72 | - | 342.67 | - | - | - | - | - | - | - | - | - | - | - | - | - |
Machinery | - | - | 908.85 | - | 786.15 | - | 689.58 | - | - | - | 384.7 | - | - | - | 260.54 | 241.6 | 210.73 | - | 94.08 | - |
Construction In Progress | - | - | 77.44 | - | 94.56 | - | 65.4 | - | - | - | 534.4 | - | - | - | 264.75 | 237.86 | 223.83 | - | 218.46 | - |
Leasehold Improvements | - | - | 112.87 | - | 89.82 | - | 81.43 | - | - | - | 67.68 | - | - | - | 64 | 59.18 | 52.58 | - | 48.9 | - |