Hesai Group (Hesai Group) Pre-Tax Income : $-64.3 Mil (TTM As of Mar. 2024)

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What is Hesai Group Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Hesai Group's pretax income for the three months ended in Mar. 2024 was $-14.8 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $-64.3 Mil. Hesai Group's pretax margin was -29.70%.

During the past 5 years, Hesai Group's highest Pretax Margin was -25.01%. The lowest was -34.27%. And the median was -25.85%.

Hesai Group Pre-Tax Income Historical Data

The historical data trend for Hesai Group's Pre-Tax Income 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 Pre-Tax Income Chart

Hesai Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Pre-Tax Income

-17.01

-16.43

-38.60

-43.14

-66.56

Hesai Group Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Pre-Tax Income	Get a 7-Day Free Trial								-17.26	-10.39	-19.43	-19.63	-14.81

Competitive Comparison of Hesai Group's Pre-Tax Income

For the Auto Parts subindustry, Hesai Group's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Hesai Group's Pre-Tax Income Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hesai Group's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Hesai Group's Pre-Tax Income falls into.

Hesai Group Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Hesai Group's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	-80.053	+	-0.059	+	-0.43	+	13.979	+	0.0010000000000048
	=	-66.6

Hesai Group's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	-19.226	+	0.178	+	-0.317	+	4.554	+	-1.7763568394003E-15
	=	-14.8

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-64.3 Mil.

Hesai Group (NAS:HSAI) Pre-Tax Income Explanation

Hesai Group's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	-14.811	/	49.867
	=	-29.70%

During the past 5 years, Hesai Group's highest Pretax Margin was -25.01%. The lowest was -34.27%. And the median was -25.85%.

Hesai Group Pre-Tax Income 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 » Pre-Tax Income

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.