Hesai Group (Hesai Group) Gross-Profit-to-Asset % : 9.86% (As of Mar. 2024)

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What is Hesai Group Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Hesai Group's annualized Gross Profit for the quarter that ended in Mar. 2024 was $77.3 Mil. Hesai Group's average Total Assets over the quarter that ended in Mar. 2024 was $784.4 Mil. Therefore, Hesai Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 9.86%.

Hesai Group Gross-Profit-to-Asset % Historical Data

The historical data trend for Hesai Group's Gross-Profit-to-Asset % 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 Gross-Profit-to-Asset % Chart

Hesai Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

19.70

19.34

14.60

11.56

13.79

Hesai Group Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial								14.63	9.96	10.31	17.19	9.86

Competitive Comparison of Hesai Group's Gross-Profit-to-Asset %

For the Auto Parts subindustry, Hesai Group's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Hesai Group's Gross-Profit-to-Asset % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hesai Group's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Hesai Group's Gross-Profit-to-Asset % falls into.

Hesai Group Gross-Profit-to-Asset % Calculation

Hesai Group's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2023 )	/	( (Total Assets (A: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=	92.627	/	( (550.712	+	793.051)	/ 2 )
	=	92.627	/	671.8815
	=	13.79 %

Hesai Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	77.328	/	( (793.051	+	775.717)	/ 2 )
	=	77.328	/	784.384
	=	9.86 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Hesai Group Gross-Profit-to-Asset % Related Terms

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Hesai Group (Hesai Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Hesai Group (NAS:HSAI) » Definitions » Gross-Profit-to-Asset %

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.