Hesai Group Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net Income	-463.98	-475.97	-747.18	-2,456.16	-107.22	-175.47
Depreciation & Amortization	-	120.62	83.89	28.23	19.22	9.72
Share-Based Compensation	-	234.62	105.22	54.28	0	0
Other Operating Activities	463.98	177.98	-584.36	-66.07	-264.01	156.67
Operating Cash Flow	-	57.26	-696.02	-228.39	-352.02	46.17
Capital Expenditures	-	-406.75	-231.21	-263.26	-65.98	-32.42
Acquisitions	-	-40.05	-1.96	0	0	-12.93
Change in Investments	-	-621.57	1,362	-1,698.66	255.59	-726.99
Other Investing Activities	-	7.97	-9.18	-18.32	-10.58	-7.16
Investing Cash Flow	-	-1,060.39	1,120	-1,980.24	179.03	-779.5
Share Issuance / Repurchase	-	1,228	0	453.39	323.44	739.74
Debt Issued / Paid	-	376.59	18.47	1,950	0	0
Other Financing Activities	-	-14.58	-3.3	-	-	-
Financing Cash Flow	-	1,590	15.18	2,404	323.44	739.74
Exchange Rate Effect	-	57.62	25.12	-2.44	-6.5	1.99
Net Cash Flow	-	587.22	438.81	195.1	150.45	6.41
Free Cash Flow	-	-349.49	-927.23	-491.65	-418	13.75
Free Cash Flow Margin	-	-18.62%	-77.10%	-68.21%	-100.60%	3.95%
Free Cash Flow Per Share	-	-2.80	-8.03	-4.68	-4.65	0.17

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).