Hesai

Hesai

Electronic Equipment, Instruments & Components
Hesai Group is engaged in the development, manufacture, and sales of three-dimensional light detection and ranging solutions, or LiDAR. Its LiDAR products enable a broad spectrum of applications across passenger or commercial vehicles with enhanced advanced driver assistance systems, or ADAS, autonomous vehicle fleets providing passenger and freight mobility services, or Autonomous Mobility, and other applications such as last-mile delivery robots, street sweeping robots, and logistics robots in restricted areas, or Robotics. Geographically, the company operates in North America, Mainland China, Europe, and Other regions.

$5.5B

Market Cap • 9/30/2026

2021

(5 years)

Founded

2023

(3 years ago)

IPO

NASDAQ

Listing Exchange

Flag of China

China

Country

Valuation

P/B

4,2

P/S

11,5

P/EBITDA

225,1

P/OCF

142,7

P/FCF

—

P/E

34,7

BVPS

3,8

EPS

0,5

Market Cap

Market Cap

5,5B

EV

4,7B

EV/Revenue

9,7

EV/EBITDA

190

EV/EBIT

190

Payout

Dividend Per Share

0

Dividend Yield

0%

Buyback Yield

-11%

Total Yield

-11%

Payout

0%

Retained Earnings

-424,6M

Profitability

Gross Margin

40,6%

EBITDA Margin

5,1%

EBIT Margin

5,1%

Net Margin

14,8%

D&A/EBITDA

0%

R&D/Revenue

25,5%

Capex/Revenue

10,2%

Capex/D&A

0%

Capex/OCF

126,6%

SBC/OCF

22,4%

% PPE

11,1%

% Goodwill

0%

ROE

7,4%

ROIC

5,7%

Growth

CAGR Revenue 5Y

40,2%

Leverage

N.D./EBITDA

—

Debt/Equity

0%

Current Ratio

5,4

Quick Ratio

4,6

Interest Coverage

982,9%

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