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Hesai Group

HSAI · XNAS

CIK 1861737fmd_1325DYGQV6SBH7P4WZ220DG8TEManufacturing · General Industrial Machinery & Equipment, NECTemplate: Standard

Coverage: Jan 01, 2020 to Dec 31, 2025, 6 periods

Income Statement · Annual · Millions · CNY
Line itemFY2020FY2021FY2022FY2023FY2024FY2025
Total revenues41616002,0773,028
Cost of revenue1773397311,2161,1931,762
Gross profit2393824726618851,265
Provision for credit losses43(2)000
Research and development230368555791856797
Selling, general and administrative126306306469510481
Total operating expenses3416478501,2331,0891,096
Operating income(102)(265)(378)(572)(205)169
Interest expense––031319
Other non-operating income (expense)(1)0(2)0(2)185
Income before taxes(107)(246)(301)(475)(101)467
Income tax expense(0)(1)(0)1131
Net income from continuing operations(107)(245)(301)(476)(102)436
Net income(107)(245)(301)(476)(102)436
Net income to common shareholders(107)(2,456)(747)(476)(102)436