Saturday 17 October 2026 Export HSAI’s income statement to Excel — free account

Hesai Group Sponsored ADR

Hesai Group Sponsored ADR’s revenue for fiscal 2025 (year ended December 2025) was $432.9 million, up 52.1% from fiscal 2024. In the quarter to June 2026, revenue grew 28.7%, EPS grew 32.8%, free cash flow fell 29.9% and total debt fell 10.5%, each against the same quarter a year earlier. Revenue growth for five consecutive years, operating cash flow growth for three.

12.42 0.94 −7.04%

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Market cap: $1.8B
P/E: 25.5×
Fwd P/E: 34.9×
Dividend yield: —
F-score: 6/9
Altman Z: 6.18
Beneish M: −0.12
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 16.62%

Capital & Financial Ratios $m

Market Cap 1,750.00

Revenue 487.47

Net Income 58.63

Free Cash Flow (118.87)

Net Debt (888.09)

Current Ratio 5.37

Debt/Equity 0.07

P/E ratio 25.53

Fwd P/E 34.90

P/S ratio 3.99

P/B ratio 1.47

Past 5Y EPS Growth —

This Y EPS Growth (86.51%)

Next Y EPS Growth 133.39%

Next Y revenue growth 48.07%

Next 5Y EPS Growth (29.30%)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 28.26%

10-year low 10-year high

P/B against its own 10 years 23.71%

10-year low 10-year high

EV/Sales against its own 10 years 26.69%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	443	439	681	982
Receivables	75	105	180	169
Inventory	70	66	96	128
Other	3	1	—	—
	619	642	1,011	1,347

	2023	2024	2025	Q'26
Payables	38	47	85	97
ST’ Debt	16	47	64	58
Other	11	5	3	4
	188	223	271	251

Compound Annual Growth %

	10y	5y	3y
Sales	—	48.38%	35.41%
Cash Flow	—	0.00%	0.00%
Earnings	—	0.00%	0.00%
Book Value	—	49.09%	0.00%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	99	127	—	—	—
’25	72	99	112	150	433
’24	50	63	77	95	285
’23	63	61	61	80	264
’22	—	—	49	59	174
’21	—	—	—	—	101
’20	—	—	—	—	60

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	—	(15)	—	—	—
’25	(35)	(2)	—	17	17
’24	—	—	—	9	9
’23	—	—	—	8	8
’22	—	—	(71)	(30)	(101)
’21	—	—	—	(32)	(32)
’20	—	—	—	—	(51)

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	—	(37)	—	—	—
’25	(44)	(11)	—	(26)	(26)
’24	—	—	—	(28)	(28)
’23	—	—	—	(50)	(50)
’22	—	—	(102)	(33)	(136)
’21	—	—	—	(63)	(66)
’20	—	—	—	—	(51)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.02	0.06	—	—	—
’25	(0.02)	0.04	0.25	0.13	0.43
’24	(0.12)	(0.08)	(0.08)	0.15	(0.11)
’23	(0.14)	(0.08)	(0.15)	(0.16)	(0.54)
’22	—	—	(0.08)	(0.17)	(0.94)
’21	—	—	—	—	(0.33)
’20	—	—	—	—	(0.12)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	—	—	—	—	—	7.35	3.28	10.41	Analyst estimates 2026–2028 Powerpack
	High	—	—	—	—	—	—	—	30.36	15.49	30.85
People
People	Employees	—	—	—	—	—	989	1,020	1,122	1,142	1,118
	Revenue/emp, $m	—	—	—	0.00	0.00	0.10	0.17	0.24	0.25	0.39
Income, $m
Income, $m	Revenue	—	—	—	50	60	101	174	264	285	433
	Gross margin, %	—	—	—	70.30	57.50	52.97	39.25	35.24	42.59	41.79
	EBT	—	—	—	(17)	(16)	(35)	(44)	(67)	(14)	67
	EBT margin, %	—	—	—	(34.27)	(25.85)	(34.12)	(25.01)	(25.32)	(4.87)	15.42
	Net income	—	—	—	(17)	(16)	(34)	(44)	(67)	(14)	62
	Depreciation	—	—	—	1	3	4	8	12	18	18
Per share, $
Per share, $	Revenue	—	—	—	0.53	0.63	0.97	1.51	2.12	2.20	3.11
	Earnings	—	—	—	—	—	(0.33)	(0.94)	(0.54)	(0.11)	0.45
	Cash flow	—	—	—	0.07	(0.53)	(0.31)	(0.87)	0.06	0.07	0.12
	Capex	—	—	—	0.00	0.00	(0.32)	(0.30)	(0.47)	(0.29)	(0.31)
	Free cash flow	—	—	—	0.07	(0.53)	(0.62)	(1.18)	(0.40)	(0.22)	(0.19)
	Book value	—	—	—	1.40	1.82	(3.33)	(3.95)	4.36	4.17	9.21
	Shares, m	—	—	—	96	96	105	116	125	129	139
Valuation, ×
Valuation, ×	P/E	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00	52.09
	P/S	—	—	—	0.00	0.00	0.00	0.00	3.86	6.27	7.20
	P/B	—	—	—	0.00	0.00	0.00	0.00	1.88	3.31	2.43
	EV/Sales	—	—	—	0.00	0.00	0.00	0.00	2.40	5.03	5.87
	EV/FCF	—	—	—	0.00	0.00	0.00	0.00	(2.57)	(6.80)	(23.02)
Cash, $m
Cash, $m	Operating cash flow	—	—	—	7	(51)	(32)	(101)	8	9	17
	Capex	—	—	—	(6)	(11)	(34)	(35)	(58)	(37)	(43)
	Free cash flow	—	—	—	7	(51)	(66)	(136)	(50)	(28)	(26)
Balance, $m
Balance, $m	Working capital	—	—	—	129	159	366	316	431	418	740
	Total debt	—	—	—	—	—	—	9	56	84	104
	Net debt	—	—	—	(147)	(137)	(393)	(260)	(387)	(355)	(577)
	Shareholders’ equity	—	—	—	133	174	(350)	(456)	544	539	1,281
Returns, %
Returns, %	ROA	—	—	—	0.00	(8.20)	(91.31)	(19.48)	(9.90)	(1.73)	5.13
	ROIC	—	—	—	0.00	0.00	0.00	0.00	(32.02)	(9.55)	2.14
	ROE	—	—	—	0.00	(20.77)	391.82	26.88	(152.38)	(2.59)	6.85

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
AAP Advance Auto Parts, Inc.	$2.7B	32.0×	21.0×	−0.50% (below 0%: shrinking)	+264.00% (above 0%: growing)	+9,650.00% (above 0%: growing)	46.15%	5.05%	Compare
VC Visteon Corporation	$2.4B	11.2×	15.5×	−0.93% (below 0%: shrinking)	−22.69% (below 0%: shrinking)	−81.25% (below 0%: shrinking)	12.29%	7.60%	Compare
PHIN PHINIA Inc.	$2.1B	16.6×	14.6×	+5.62% (above 0%: growing)	−7.89% (below 0%: shrinking)	+187.50% (above 0%: growing)	22.98%	8.51%	Compare
HSAI Hesai Group Sponsored ADR	$1.8B	25.5×	34.9×	+28.66% (above 0%: growing)	+32.80% (above 0%: growing)	−29.90% (below 0%: shrinking)	40.11%	0.26%
THRM Gentherm Inc	$1.6B	33.4×	22.0×	+10.95% (above 0%: growing)	+797.44% (above 0%: growing)	−103.23% (below 0%: shrinking)	23.17%	2.57%	Compare
ADNT Adient	$1.4B	29.9×	25.0×	+5.03% (above 0%: growing)	−25.58% (below 0%: shrinking)	+17.07% (above 0%: growing)	5.98%	2.52%	Compare
GT The Goodyear Tire & Rubber Company	$1.3B	— (loss-making)	— (loss-making)	−4.82% (below 0%: shrinking)	n/m	−130.32% (below 0%: shrinking)	16.02%	(0.52%)	Compare
XPEL XPEL, Inc.	$1.2B	22.0×	22.1×	+14.71% (above 0%: growing)	+10.17% (above 0%: growing)	−231.01% (below 0%: shrinking)	44.14%	16.23%	Compare
DCH Dauch Corporation	$1.2B	— (loss-making)	— (loss-making)	+92.40% (above 0%: growing)	n/m	−59.49% (below 0%: shrinking)	11.44%	3.37%	Compare
Median of peers	$1.5B	25.9×	21.5×	+5.33%	+1.14%	−70.37%	19.50%	4.21%

All 53 Auto Parts stocks →

Hesai Group Sponsored ADR (HSAI) key facts

Strength: Hesai Group Sponsored ADR’s revenue for fiscal 2025 (year ended December 2025) was $432.9 million, up 52.1% from fiscal 2024.
Hesai Group Sponsored ADR (HSAI) is an Auto Parts company in the Consumer Cyclical sector, traded in the US as an ADR.
As of October 16, 2026, HSAI traded at $12.42, a market capitalization of $1.8 billion.
Return on equity was 6.85% and debt-to-equity 0.07.
Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 6.18 (safe zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.