Hesai Group (HSAI)
NASDAQ: HSAI · Real-Time Price · USD
15.68
-0.22 (-1.38%)
Jun 24, 2026, 3:52 PM EDT - Market open
Hesai Group Cash Flow Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Fiscal Quarter | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 | Q2 2020 | Q1 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | 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 '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 | Jun '21 Jun 30, 2021 | Mar '21 Mar 31, 2021 | Dec '20 Dec 31, 2020 | Sep '20 Sep 30, 2020 | Jun '20 Jun 30, 2020 | Mar '20 Mar 31, 2020 |
Net Income | 204.67 | 204.67 | 44.09 | -17.55 | 38.3 | 38.3 | -72.06 | -106.93 | -135.29 | -70.75 | -47.36 | -47.36 | -70.03 | -35.28 | -69.76 | -69.76 | -5.57 | -13.22 | -44.21 | -44.21 |
Depreciation & Amortization | 23.16 | 23.16 | 42.65 | 34.83 | 35.2 | 35.2 | 26.53 | 34.89 | 14.97 | 15.97 | 11.35 | 11.35 | 7.69 | 8.16 | 6.19 | 6.19 | 5.96 | 5.12 | 4.07 | 4.07 |
Stock-Based Compensation | 29.63 | 29.63 | 29.2 | 26.19 | 24.89 | 24.89 | 28.49 | 37.8 | 25.08 | 25.55 | 27.3 | 27.3 | 30.73 | 23.56 | - | - | - | - | - | - |
Other Adjustments | 35.04 | 35.04 | 33.41 | 3.97 | -3.09 | -3.09 | 37.52 | 23 | 39.92 | 14.94 | 10.52 | 10.52 | 2.58 | 15.6 | 2.07 | 2.07 | 2.04 | 15.25 | -3.43 | -3.43 |
Change in Receivables | -142.54 | -142.54 | -123.67 | -188.39 | -43.67 | -43.67 | -132.09 | -46.26 | -128 | -138.42 | 4.9 | 4.9 | -76.08 | -51 | -6.68 | -6.68 | 6.35 | -73.73 | 2.89 | 2.89 |
Changes in Inventories | -44.92 | -44.92 | -128.06 | -13.63 | 117.07 | 117.07 | -50.95 | -156.49 | -100.17 | -131.67 | -36.86 | -36.86 | -48.54 | -77.17 | -56.02 | -56.02 | -31.06 | -27.32 | -12.62 | -12.62 |
Changes in Accounts Payable | 80.69 | 80.69 | 181.48 | 45.8 | -17.15 | -17.15 | 45.33 | 66.82 | 25.27 | 57.96 | 22.81 | 22.81 | -12.94 | 20.4 | 7.19 | 7.19 | 9.11 | 26.19 | 0.48 | 0.48 |
Changes in Accrued Expenses | 145.75 | 145.75 | -14.89 | -110.66 | 55.48 | 55.48 | 90.81 | -112.87 | 81.55 | 20.23 | -71.43 | -71.43 | 63.34 | 21.24 | 42.77 | 42.77 | 17.46 | -162.93 | 0.97 | 0.97 |
Changes in Income Taxes Payable | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | -0 | -0 | -0.01 | 0 | -0.63 | -0.63 |
Changes in Unearned Revenue | -5.32 | -5.32 | 4.69 | -6.01 | -5.73 | -5.73 | 2.85 | -38.34 | -5.71 | 6.21 | -46.12 | -46.12 | -29.65 | 46.78 | 48.07 | 48.07 | 0.4 | -6.03 | 1.53 | 1.53 |
Changes in Other Operating Activities | -40.48 | -40.48 | -79.85 | -31.53 | 17.14 | 17.14 | -21.17 | -30.25 | -19.25 | -8.59 | -19.63 | -19.63 | 13.38 | 9.43 | -12.91 | -12.91 | -29.72 | -20.92 | 6.92 | 6.92 |
Operating Cash Flow | 191.21 | 191.21 | -8.44 | -256.99 | 218.43 | 218.43 | -44.74 | -328.62 | -190.35 | -216.62 | -144.53 | -144.53 | -114.3 | -35.94 | -39.08 | -39.08 | -6.56 | -257.4 | -44.03 | -44.03 |
Operating Cash Flow Growth | -12.46% | -12.46% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Capital Expenditures | -97.25 | -97.25 | -57 | -57.87 | -61.82 | -61.82 | -53.08 | -82.82 | -13.49 | -77.7 | -70.01 | -70.01 | -80.82 | -98.42 | -20.43 | -20.43 | -19.95 | -20.88 | -12.59 | -12.59 |
Purchases of Intangible Assets | -7.54 | -7.54 | -10.67 | -7.08 | -4.42 | -4.42 | -1.75 | -1.24 | -4.5 | -1.11 | -1.78 | -1.78 | -13.61 | -0.93 | -23.48 | -23.48 | -4.28 | -5.52 | -0.39 | -0.39 |
Purchases of Investments | -1,773 | -1,773 | -180 | -50 | 318.29 | 318.29 | -2,271 | -913.91 | -1,316 | -1,660 | -1,306 | -1,306 | -2,371 | -2,056 | -193.18 | -193.18 | -254.73 | -663.05 | -541.68 | -541.68 |
Proceeds from Sale of Investments | 294.5 | 294.5 | 49.82 | 382.18 | -243.79 | -243.79 | 3,021 | 1,243 | 1,686 | 2,000 | 1,647 | 1,647 | 1,654 | 817.78 | 321.26 | 321.26 | 280.07 | 382.61 | 797.02 | 797.02 |
Investing Cash Flow | -2,787 | -2,787 | -247.85 | 267.23 | 8.26 | 8.26 | 694.5 | 244.86 | 350.04 | 231.19 | 269.21 | 269.21 | -811.41 | -1,337 | 84.17 | 84.17 | 1.13 | -306.84 | 242.37 | 242.37 |
Short-Term Debt Issued | 10 | 10 | 200 | 111.78 | 32.92 | 32.92 | 6.51 | 161.75 | - | - | - | - | - | - | - | - | - | - | - | - |
Short-Term Debt Repaid | -83.22 | -83.22 | -1.99 | -178.8 | -3 | -3 | 0 | -111.68 | - | - | - | - | - | - | - | - | - | - | - | - |
Net Short-Term Debt Issued (Repaid) | -73.22 | -73.22 | 198.01 | -67.02 | 29.92 | 29.92 | 6.51 | 50.07 | - | - | - | - | - | - | - | - | - | - | - | - |
Long-Term Debt Issued | 31.76 | 31.76 | 31.37 | 32.84 | 31.82 | 31.82 | 15.82 | 40.82 | - | - | - | - | 0 | 0 | 975.17 | 975.17 | - | - | - | - |
Long-Term Debt Repaid | 29.11 | 29.11 | -29.11 | - | -6.04 | -6.04 | -4.04 | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net Long-Term Debt Issued (Repaid) | 60.87 | 60.87 | 2.26 | 32.84 | 25.78 | 25.78 | 11.78 | 40.82 | - | - | - | - | 0 | 0 | 975.17 | 975.17 | - | - | - | - |
Issuance of Common Stock | 2,116 | 2,116 | 6.28 | 11.94 | 10.59 | 10.59 | 6.48 | 0.11 | - | - | - | - | - | - | - | - | 0 | - | - | - |
Net Common Stock Issued (Repurchased) | 2,116 | 2,116 | 6.28 | 11.94 | 10.59 | 10.59 | 6.48 | 0.11 | - | - | - | - | - | - | - | - | 0 | - | - | - |
Other Financing Activities | -15.72 | -15.72 | -6.12 | 0 | - | - | - | - | - | - | - | - | -0.34 | 16.85 | -8.43 | -8.43 | 6.29 | - | - | - |
Financing Cash Flow | 2,101 | 2,101 | 165.19 | -22.24 | 66.29 | 66.29 | 27.09 | 91 | 15.18 | 0 | - | - | 453.64 | 16.6 | 966.74 | 966.74 | 0 | 323.44 | - | - |
Effect of Exchange Rate Changes on Cash and Cash Equivalents | -41.56 | -41.56 | -0.67 | -0.36 | 6.2 | 6.2 | 0.3 | 1.69 | -12.15 | 19.05 | 9.11 | 9.11 | -24.55 | 9.45 | 6.33 | 6.33 | -4.62 | -1.04 | -0.42 | -0.42 |
Net Cash Flow | -493.9 | -493.9 | -91.1 | -12.01 | 292.99 | 292.99 | 676.85 | 7.23 | 174.87 | 14.57 | 124.68 | 124.68 | -472.07 | -1,357 | 1,012 | 1,012 | -5.43 | -240.81 | 198.34 | 198.34 |
Free Cash Flow | 93.96 | 93.96 | -65.44 | -314.86 | 156.62 | 156.62 | -97.82 | -411.45 | -203.84 | -294.32 | -214.53 | -214.53 | -195.12 | -134.35 | -59.51 | -59.51 | -26.5 | -278.28 | -56.62 | -56.62 |
Free Cash Flow Growth | -40.01% | -40.01% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
FCF Margin | 9.39% | 11.81% | -9.26% | -59.94% | 21.76% | 29.03% | -21.32% | -114.57% | -49.82% | -88.16% | -101.58% | -86.35% | -74.66% | -59.86% | -50.64% | -50.64% | -16.31% | -162.11% | -139.19% | -139.19% |
Free Cash Flow Per Share | 0.58 | 0.65 | -0.47 | -2.40 | 1.15 | 1.21 | -0.76 | -3.23 | -1.76 | -2.55 | -1.86 | -1.86 | -1.86 | -1.21 | -0.62 | -0.62 | -0.28 | -3.14 | -0.64 | -0.64 |
Levered Free Cash Flow | 202.45 | 305.45 | 193.36 | -190.82 | 342.85 | 125.53 | -13.46 | -335.12 | -152.51 | -401.84 | -475.38 | -271.63 | -162.18 | -151.63 | -159.72 | -159.72 | -57.21 | -216.15 | -56.07 | -56.07 |
Unlevered Free Cash Flow | 161.46 | 131.5 | -28.18 | -172.4 | 246.32 | 63.04 | -55.95 | -457.84 | -156.9 | -219.7 | -304.2 | -251.52 | -172.46 | -112.62 | -53.13 | -53.13 | -39.24 | -209.82 | -65.45 | -65.45 |