Hesai Group, ZN80:BER profile

Price (EUR)4.32
Today's Change-0.08 / -1.82%
Shares traded--
1 Year change-50.91%
Beta--

Data delayed at least 15 minutes, as of Nov 22 2024 11:12 GMT.

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About the company

Hesai Group is a holding company mainly engaged in the provision of three-dimensional light detection and ranging (LiDAR) solutions. The Company operates its business through two segments: LiDAR segment and Gas Detection segment. The Company's products include AT series, FT series, Pandar series, and methane telemeters. The Company's products are widely used in passenger cars and commercial vehicles supporting advanced driver assistance systems (ADAS), as well as autonomous vehicles. The Company conducts business in domestic and overseas markets.

Revenue in USD (TTM)252.15m
Net income in USD-63.79m
Incorporated2014
Employees1.12k

Location
Hesai Group10th Floor, Building A, No. 658Zhaohua Road, Changning DistrictSHANGHAI 200050ChinaCHN
Websitehttp://www.hesaitech.com/

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Income statement (CNY)

Year on year Hesai Group had net income fall 58.25% from a loss of 300.77m to a larger loss of 475.97m despite a 56.07% increase in revenues from 1.20bn to 1.88bn. An increase in the cost of goods sold as a percentage of sales from 60.76% to 64.76% was a component in the falling net income despite rising revenues.

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