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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.
Gross margin | 39.11% |
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Net profit margin | -25.30% |
Operating margin | -30.93% |
Return on assets | -8.47% |
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Return on equity | -11.78% |
Return on investment | -10.79% |
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Cash flow in CNYView more
In 2023, Hesai Group increased its cash reserves by 70.61%, or 644.85m. Cash Flow from Financing totalled 1.59bn or 84.73% of revenues. In addition the company generated 57.26m in cash from operations while cash used for investing totalled 1.06bn.
Cash flow per share | -- |
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Price/Cash flow per share | -- |
Book value per share | 4.12 |
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Tangible book value per share | 4.04 |
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Balance sheet in CNYView more
Current ratio | 3.16 |
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Quick ratio | 2.68 |
Total debt/total equity | 0.1407 |
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Total debt/total capital | 0.1233 |
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