Hesai Group

HK$13.68As of Sun 8 Nov 2026, 12:00 UTC

HKEX:2525Consumer Disc

Country Hong Kong

PE (Fwd) 11.51

TSR 10Y CAGR —

Div yield —

ROE —

Auto Parts

Beta (5Y) 1.47

PE TTM 31.29

TSR TTM (39.40%)

Mkt cap HK$18.18B

ROIC —

SE Grade™

—

Value

Quality

Moat

—

1Y Price

Reference

$14

5.92%

(64.86%)

Price above Reference Value

TTM

FYE 31 Dec CNY

FY2016

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026E

Trend

10Y

Peers

3.028

Revenue¥B

—

0.721

1.203

1.877

2.077

3.028

3.681

43.16%

45.76

Revenue growth%

—

66.86

56.07

10.66

45.76

21.60

50.91

—

41.79

Gross margin%

—

52.97

39.24

35.24

42.59

41.79

41.36

41.79

(0.72)

Operating margin%

—

(36.81)

(31.45)

(33.51)

(19.65)

(0.72)

(0.56)

(31.45)

14.40

Net margin%

—

(340.77)

(62.13)

(25.36)

(4.93)

14.40

23.10

(25.36)

100

31.29

P/E ratio (avg)x

—

56.19

16.04

56.19

—

EV/EBITx

—

FCF yield (avg)%

—

FCF margin%

—

FCF / Net incomex

—

ROIC%

—

Return on equity%

—

Return on assets%

—

0.37

EPS¥

—

(2.92)

(0.81)

(0.48)

(0.10)

0.37

0.73

—

475.61

EPS growth%

—

72.36

41.02

79.22

475.61

95.11

75.79

—

Bookvalue per sh¥

—

FCF per share¥

—

Dividend per sh¥

—

Div yield (avg)%

—

Payout ratio%

—

1.171

Shares (diluted)B

—

0.840

0.924

0.998

1.034

1.171

◌1.171

8.67%

(13.35)

Buyback yield%

—

(10.05)

(8.00)

(3.53)

(13.35)

◌—

(9.03)

—

D/E ratiox

—

13.64

Enterprise value¥B

—

24.49

13.64

—

LT debt¥M

—

Peers (US$2.242B)

Cap (US$)

Minth Group Limited

3.452B

8.240x

Johnson Electric…

1.564B

7.816x

Nexteer Automotive…

1.404B

11.29x

Chongqing Zongshen…

2.252B

29.64x

Capital

TTM

10Y

Leveragex

—

EBIT/Intx

(1.159)

(31.83)

Own earn%

—

Sh yield%

(13.35)

(9.03)

Owners

Insiders/Inst%

—

Short interest%

—

SBC / revenue%

3.44

Record

10Y

Profitable years

1/5

Revenue growth years

4/4

EPS growth years

4/4

Dividend streakyrs

Op margin range%

−37–−1

$1 testx

—

Incr. ROIC%

—

Hesai Group, through with its subsidiaries, engages in the development, manufacturing, and sale of three-dimensional light detection and ranging solutions (LiDAR) in Mainland China, Europe, North America, and internationally. The company provides gas sensor products, validation services, solution service, and other services, as well as designs and develops engineering products.

Growth vs revenue

Latest

Trend

4Y CAGR

Rel growth

Revenue

¥3.028B

43.16%

1.00×

Cost of revenue

¥1.762B

51.00%

1.24×

Operating expenses

¥1.287B

18.76%

0.47×

Revenue by region

No breakdown available

Reinvestment returns

No breakdown available