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Hesai Group (Hesai Group) Tax Rate % : -0.23% (As of Mar. 2024)


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What is Hesai Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Hesai Group's Tax Expense for the three months ended in Mar. 2024 was $0.0 Mil. Hesai Group's Pre-Tax Income for the three months ended in Mar. 2024 was $-14.8 Mil. Therefore, Hesai Group's Tax Rate % for the quarter that ended in Mar. 2024 was -0.23%.

Hesai Group Tax Rate % Historical Data

The historical data trend for Hesai Group's Tax Rate % 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 Tax Rate % Chart

Hesai Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
-0.78 0.18 0.45 0.02 -0.14

Hesai Group Quarterly Data
Dec19 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.03 0.03 -0.52 -0.23

Hesai Group Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Hesai Group's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=0.092/-66.562
=-0.14 %

Hesai Group's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=0.034/-14.811
=-0.23 %

* 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.

Hesai Group Tax Rate % 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 » Tax Rate %
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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.