Hesai Group (FRA:ZN80) Retained Earnings : €-436.2 Mil (As of Mar. 2024)

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What is Hesai Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Hesai Group's retained earnings for the quarter that ended in Mar. 2024 was €-436.2 Mil.

Hesai Group's quarterly retained earnings declined from Sep. 2023 (€-406.5 Mil) to Dec. 2023 (€-424.8 Mil) and declined from Dec. 2023 (€-424.8 Mil) to Mar. 2024 (€-436.2 Mil).

Hesai Group's annual retained earnings declined from Dec. 2021 (€-304.1 Mil) to Dec. 2022 (€-383.4 Mil) and declined from Dec. 2022 (€-383.4 Mil) to Dec. 2023 (€-424.8 Mil).

Hesai Group Retained Earnings Historical Data

The historical data trend for Hesai Group's Retained Earnings 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 Retained Earnings Chart

Hesai Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

-21.91

-7.05

-304.15

-383.38

-424.76

Hesai Group Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial								-399.89	-389.84	-406.55	-424.76	-436.18

Hesai Group Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Hesai Group (FRA:ZN80) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Hesai Group (FRA:ZN80) Business Description

Industry

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HSAI:USA 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.

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