Hesai Group (Hesai Group) Cash, Cash Equivalents, Marketable Securities : $392.5 Mil (As of Mar. 2024)

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What is Hesai Group Cash, Cash Equivalents, Marketable Securities?

Hesai Group's quarterly cash, cash equivalents, marketable securities increased from Sep. 2023 ($438.97 Mil) to Dec. 2023 ($439.85 Mil) but then stayed the same from Dec. 2023 ($439.85 Mil) to Mar. 2024 ($392.47 Mil).

Hesai Group's annual cash, cash equivalents, marketable securities declined from Dec. 2021 ($438.37 Mil) to Dec. 2022 ($266.67 Mil) but then increased from Dec. 2022 ($266.67 Mil) to Dec. 2023 ($439.85 Mil).

Hesai Group Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Hesai Group's Cash, Cash Equivalents, Marketable Securities 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 Cash, Cash Equivalents, Marketable Securities Chart

Hesai Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

145.96

136.97

438.37

266.67

439.85

Hesai Group Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial								455.88	453.97	438.97	439.85	392.47

Hesai Group Cash, Cash Equivalents, Marketable Securities Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Hesai Group (NAS:HSAI) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Hesai Group Cash, Cash Equivalents, Marketable Securities 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 » Cash, Cash Equivalents, Marketable Securities

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.