profit from every $100 of sales.
$0$100
Hesai Group
$14.42+1.76% today
-19.0% in 1 year
1-year low $12.071-year high $28.79
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay $34.74 for every $1 of profit it makes in a year.
CheapExpensive
It holds more cash than debt.
No debt5 years
Money in, money out
What Hesai Group sold, what it kept, and what it did with the cash.
Sales went from CN¥1.20 billion in 2022 to CN¥3.03 billion in 2025, with CN¥436 million of profit last year.
SalesProfit
Hesai Group vs. similar companies
Hesai Group grows the fastest of these 5 and is the most expensive for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Hesai Group | 34.7× · Expensive | ||
 O'Reilly Automotive | 29.1× · Fair price | ||
 AutoZone | 20.4× · Fair price | ||
 Bridgestone | 16.6× · Fair price | ||
 DENSO | 11.6× · Cheap |
AI analysis
An AI analyst reads Hesai Group's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of CNY | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 1,203 | 1,877 | 2,077 | 3,028 | |
| 472 | 661 | 885 | 1,265 | |
| -378 | -578 | -408 | 124 | |
| -247 | -386 | 43 | 610 | |
| -301 | -476 | -102 | 436 | |
| -5.95 | -3.81 | -0.79 | 2.98 | |
| 39.2% | 35.2% | 42.6% | 41.8% | |
| -31.4% | -30.8% | -19.7% | 4.1% | |
| -25.0% | -25.4% | -4.9% | 14.4% |
Balance sheet
| In millions of CNY | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 3,839 | 5,663 | 5,990 | 11,261 |
| Cash | 913 | 1,555 | 2,839 | 1,663 |
| Total debt | 64 | 559 | 739 | 999 |
| Total liabilities | 998 | 1,800 | 2,058 | 2,303 |
| -3,145 | 3,862 | 3,932 | 8,959 | |
| 126 | 125 | 129 | 146 | |
| – | -8.4% | -1.5% | 3.9% | |
| 9.6% | -12.3% | -2.6% | 4.9% |
Cash flow
| In millions of CNY | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -696 | 57 | 64 | 117 | |
| 240 | 415 | 271 | 342 | |
| -936 | -357 | -208 | -225 | |
| Dividends paid | 0 | 18 | 0 | 293 |
| – | – | – | – | |
| 105 | 235 | 116 | 115 |
Valuation
- 34.7×
- 3.7×
- –
- 11.4×
- 5.0×
- –
- 23.8×
- -1.5%
- 2.9%
- 0.0%
Profitability
- 41.8%
- 4.1%
- 14.4%
- 6.0%
- 4.0%
- -2.1%
- 6.5%
- 3.8%
- 0.5%
- 26.4%
Growth
- +36.0%
- –
- +10.0%
- –
- +5.3%
Financial health
- -1.1×
- 0.11
- 8.5%
- 25.7×
- 3.73
- 3.38
- 0.27
How it ranks in Consumer Discretionary
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 23%of 976
Bottom 23%of 992
Bottom 26%of 852
Top 6%of 992
Bottom 11%of 979
What analysts expect
- Average price target
- $31.50
- Range
- $31.50 – $31.50
- 1 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 19, 2026 | 0.02 | 0.01 | +75.0% |
| Mar 24, 2026 | 0.13 | 0.15 | −15.3% |
| Nov 11, 2025 | 0.25 | 0.22 | +15.6% |
| Aug 14, 2025 | 0.04 | 0.06 | −30.1% |
| May 26, 2025 | -0.02 | -0.02 | −10.7% |
| Mar 10, 2025 | 0.15 | 0.20 | −23.5% |
| Nov 25, 2024 | -0.05 | -0.02 | −150.0% |
| Aug 19, 2024 | -0.05 | -0.06 | +11.0% |
News
Hesai Group reports mixed Q3 results; gives Q4 outlookSeeking Alpha · Nov 10, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
40No pass
Benjamin Graham
37No pass
Philip Fisher
43No pass
Peter Lynch
95Pass
Joel Greenblatt
6No pass
Charlie Munger
32No pass
Terry Smith
31No pass
Questions about Hesai Group
Is Hesai Group a good stock to buy?
A solid business, but the price is high. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Hesai Group AI analysis
What does Hesai Group do?
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. It is in Auto Parts, based in Shanghai, China, with 1,118 employees.
Does Hesai Group pay a dividend?
Yes. In 2025 it paid out $293 million in dividends.
Is Hesai Group stock halal?
Questionable. Hesai Group sits in a grey zone: short-term investments may earn interest; type not reported. How we check
How has Hesai Group stock done over the past year?
Down 19.0% over the past twelve months, to $14.42. It traded between $12.07 and $28.79 and is 49.9% below its high.
Who are Hesai Group's competitors?
The largest listed companies in the same industry are O'Reilly Automotive, AutoZone, Bridgestone and DENSO. The peers table on this page compares their profit, growth and price with Hesai Group's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.