Hesai Group Class B

Hesai Group Class B

11.60
HKD
-1.76
(-13.17%)
0.46EPS
34.06P/E
20.37BMarket Cap
Nov 10Next Earn

Total Valuation

HKD

As of June 30, 2026, Hesai Group Class B carries a market capitalization of 20.37B, placing it among publicly traded companies globally. Its enterprise value stands at 13.60B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap20.37B
Enterprise Value13.60B

Important Dates

Hesai Group Class B's next confirmed earnings release is scheduled for November 10, 2026.

Earnings Date11/10/2026

Share Statistics

As of June 30, 2026, Hesai Group Class B has 1.26B shares outstanding.

Shares Outstanding1.26B

Valuation Ratios

As of June 30, 2026, Hesai Group Class B trades at a trailing price-to-earnings ratio of 34.06. The price-to-sales ratio is 5.08, and the price-to-book ratio stands at 1.97.

PE Ratio34.06
PS Ratio5.08
PB Ratio1.97
P/TBV Ratio1.97

Enterprise Valuation

As of June 30, 2026, Hesai Group Class B trades at an EV/EBITDA multiple of 68.04 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 3.53 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 68.04 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. These enterprise value multiples are built on an enterprise value of 13.60B versus a market cap of 20.37B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales3.53
EV / EBITDA68.04
EV / EBIT68.04

Financial Position

As of June 30, 2026, Hesai Group Class B maintains a current ratio of 5.37, meaning it holds 5.4x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 8.92, indicating elevated leverage, while an interest coverage ratio of 10.00 demonstrates adequate ability to service its debt obligations.

Current Ratio5.37
Quick Ratio4.63
Debt / Equity8.92
Debt / EBITDA4.61
Interest Coverage10.00

Financial Efficiency

HKD

Over the twelve months ended June 30, 2026, Hesai Group Class B posted a return on equity (ROE) of 7.49, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 2.16 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 6.03, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 6.84, useful for judging operating efficiency across full business cycles. The company generates approximately 3.53M in revenue per employee across its workforce of 1,093.50, a quick read on workforce productivity versus industry peers. Inventory turnover of 2.70 indicates how many times Hesai Group Class B sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Equity (ROE)7.49
Return on Assets (ROA)6.03
Return on Invested Capital (ROIC)2.16
Return on Capital Employed (ROCE)6.84
Revenue Per Employee3.53M
Employee Count1,093.50
Inventory Turnover2.70

Taxes

HKD

Over the twelve months ended June 30, 2026, Hesai Group Class B recorded 35.61M in income tax expense. That works out to an effective tax rate of 5.82, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 611.49M, leaving 575.82M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax35.61M
Effective Tax Rate5.82

Stock Price Statistics

HKD

As of the close on October 22, 2026, Hesai Group Class B's stock has declined approximately 48.42% over the past 52 weeks. The 50-day moving average sits at 16.42, while the 200-day moving average is 20.37.

52-Week Price Change-48.42%
50-Day Moving Average16.42
200-Day Moving Average20.37

Income Statement

HKD

Over the twelve months ended June 30, 2026, Hesai Group Class B generated 3.86B in revenue and converted that into 575.82M in net income, yielding earnings per share of 0.46. EBITDA reached 199.93M, while operating income came in at 147.68M.

Revenue3.86B
Gross Profit1.57B
Operating Income147.68M
Pretax Income611.49M
Net Income575.82M
EBITDA199.93M
EBIT199.93M
Earnings Per Share (EPS)0.46

Balance Sheet

HKD

As of June 30, 2026, Hesai Group Class B holds 7.69B in cash and equivalents against 922.56M in total debt, resulting in a net debt position of -901.58M. Total book value stands at 10.35B, with working capital of 8.59B providing operational flexibility.

Cash & Cash Equivalents7.69B
Total Debt922.56M
Net Debt-901.58M
Equity (Book Value)10.35B
Book Value Per Share8.23
Working Capital8.59B

Margins

Over the twelve months ended June 30, 2026, Hesai Group Class B posted a gross margin of 40.65, reflecting its pricing power and cost economics. The operating margin of 3.83 and net profit margin of 14.93 provide insight into operational efficiency.

Gross Margin40.65
Operating Margin3.83
Pretax Margin15.85
Profit Margin14.93
EBITDA Margin5.18

Stock Splits

Hesai Group Class B's most recent stock split took place on July 10, 2026 with a 1:8 split ratio.

Last Split Date7/10/2026
Split Ratio1:8

Scores

As of June 30, 2026, Hesai Group Class B has an Altman Z-Score of 8.88, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score8.88