Hesai Group (Hesai Group) Construction In Progress : $0.0 Mil (As of Mar. 2024)

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What is Hesai Group Construction In Progress?

Hesai Group's quarterly construction in progress increased from Sep. 2023 ($0.0 Mil) to Dec. 2023 ($85.7 Mil) but then declined from Dec. 2023 ($85.7 Mil) to Mar. 2024 ($0.0 Mil).

Hesai Group's annual construction in progress increased from Dec. 2021 ($43.0 Mil) to Dec. 2022 ($44.6 Mil) and increased from Dec. 2022 ($44.6 Mil) to Dec. 2023 ($85.7 Mil).

Hesai Group Construction In Progress Historical Data

The historical data trend for Hesai Group's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Hesai Group Construction In Progress Chart

Hesai Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

0.62

2.27

42.97

44.59

85.71

Hesai Group Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial								-	-	-	85.71	-

Hesai Group Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Hesai Group (Hesai Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Hesai Group (NAS:HSAI) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

ZN80:Germany

Address

1588 Zhuguang Road, 9th Floor, Building L2-B, Qingpu District, Shanghai, CHN, 201702

Website

https://www.hesaitech.com

Hesai Group is engaged in the development, manufacture, and sales of three dimensional light detection and ranging solutions, or LiDAR. Its LiDAR products enable a broad spectrum of applications across passenger or commercial vehicles with advanced driver assistance systems, or ADAS, autonomous vehicle fleets providing passenger and freight mobility services, or Autonomous Mobility, and other applications such as last-mile delivery robots, street sweeping robots, and logistics robots in restricted areas, or Robotics. The Group organized its operations into two segments: the LiDAR segment and the gas detection segment.