Finanzas de Hesai Group (HSAI)HSAIHesai Group

Hesai Group (HSAI) generates its revenue primarily from Lidar Business, which accounts for 100.0% of total sales, equivalent to CNY 680.55M. Understanding this concentration is critical for investors evaluating how HSAI navigates market cycles within the Electronic Equipment & Parts industry.

Evaluating the bottom line, Hesai Group maintains a gross margin of 40.11%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 0.25%, while the net margin is 8.20%. These profitability ratios, combined with a Return on Equity (ROE) of 7.49%, provide a clear picture of how effectively HSAI converts its operational activities into shareholder value.

In the context of the broader market, HSAI competes directly with industry leaders such as ITT and DCI. With a market capitalization of $2.17B, it holds a significant position in the sector. When comparing efficiency, HSAI's gross margin of 40.11% stands against ITT's 30.38% and DCI's 36.66%. Such benchmarking helps identify whether Hesai Group is trading at a premium or discount relative to its financial performance.

Hesai Group's financial performance shows a strong upward trend with Q2 2026 revenues of RMB 861 million, a 22% increase year-over-year, and net income of RMB 71 million, reflecting a 60% growth year-over-year. The gross margin remains solid at around 40% for the latest quarter, indicating healthy profitability.