Hesai Group
Financial ratios & Valuation

Forward Multiples (2025 – 2028)

2025202620272028
Price/Earnings ratio
4.401.056.785.91
Price/Sales ratio
N/AN/AN/AN/A
Earnings per Share (EPS)
$5.81$24.38$3.77$4.33

Historical Multiples (2019 – 2023)

2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
-153.01-160.81-68.56-60.59-16.57N/A-68.56
Price/Sales ratio
52.8541.4923.2815.154.20N/A23.28
Price/Book Value ratio
-108.5715.165.50-5.792.04N/A5.50
Price/Cash Flow ratio
398.48-48.98-73.49-26.18137.80N/A-73.49
Price/Free Cash Flow ratio
2.79K-40.22-32.91-19.46-22.07N/A-32.91
Price/Earnings Growth ratio
N/A14.03-0.52-2.62-0.28N/A-0.52
Dividend Yield
N/AN/A3.02%N/A0.22%N/A3.02%
Profitability Indicator Ratios
Gross Profit Margin
70.30%57.49%52.97%39.24%35.23%N/A52.97%
Operating Profit Margin
46.69%-24.50%-36.80%-31.44%-30.45%N/A-36.80%
Pretax Profit Margin
-34.27%-25.85%-34.12%-25.01%-25.32%N/A-34.12%
Net Profit Margin
-34.53%-25.80%-33.96%-25.00%-25.35%N/A-33.96%
Effective Tax Rate
-0.77%0.18%0.45%0.02%-0.13%N/A0.45%
Return on Assets
-9.67%-8.17%-6.19%-7.82%-8.40%N/A-6.19%
Return On Equity
70.95%-9.42%-8.02%9.56%-12.32%N/A-8.02%
Return on Capital Employed
16.73%-8.88%-8.66%-13.13%-13.20%N/A-8.66%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/A
Quick Ratio
4.056.353.492.582.92N/A3.49
Cash ratio
0.411.530.500.941.16N/A0.50
Days of Sales Outstanding
38.2883.14117.66151.03105.88N/A117.66
Days of Inventory outstanding
248.01309.86405.13323.12148.89N/A405.13
Operating Cycle
286.29393.01522.80474.15254.77N/A522.80
Days of Payables Outstanding
65.70114.5783.20103.2480.90N/A83.20
Cash Conversion Cycle
220.59278.43439.59370.91173.87N/A439.59
Debt Ratios
Debt Ratio
N/AN/AN/A0.000.07N/AN/A
Debt Equity Ratio
N/AN/AN/A-0.000.10N/AN/A
Long-term Debt to Capitalization
N/AN/AN/A-0.000.06N/AN/A
Total Debt to Capitalization
N/AN/AN/A-0.000.09N/AN/A
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/A
Cash Flow to Debt Ratio
N/AN/AN/A-37.670.14N/AN/A
Company Equity Multiplier
-7.331.151.29-1.221.46N/A1.29
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.13-0.84-0.31-0.570.03N/A-0.31
Free Cash Flow / Operating Cash Flow Ratio
0.141.212.231.34-6.24N/A2.23
Cash Flow Coverage Ratio
N/AN/AN/A-37.670.14N/AN/A
Short Term Coverage Ratio
N/AN/AN/AN/A0.48N/AN/A
Dividend Payout Ratio
N/AN/A-207.33%N/A-3.67%N/A-207.33%