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Hesai Group (Hesai Group) Total Assets : $775.7 Mil (As of Mar. 2024)


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What is Hesai Group Total Assets?

Hesai Group's Total Assets for the quarter that ended in Mar. 2024 was $775.7 Mil.

During the past 12 months, Hesai Group's average Total Assets Growth Rate was 33.10% per year. During the past 3 years, the average Total Assets Growth Rate was 83.60% per year.

During the past 5 years, Hesai Group's highest 3-Year average Total Assets Growth Rate was 112.20%. The lowest was 83.60%. And the median was 97.90%.

Total Assets is connected with ROA %. Hesai Group's annualized ROA % for the quarter that ended in Mar. 2024 was -7.57%. Total Assets is also linked to Revenue through Asset Turnover. Hesai Group's Asset Turnover for the quarter that ended in Mar. 2024 was 0.06.


Hesai Group Total Assets Historical Data

The historical data trend for Hesai Group's Total Assets 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.

* Premium members only.

Hesai Group Total Assets Chart

Hesai Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
177.13 200.65 620.53 550.71 793.05

Hesai Group Quarterly Data
Dec19 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 739.40 731.58 715.75 793.05 775.72

Hesai Group Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

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

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=540.926+252.125
=793.1

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

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=527.676+248.041
=775.7

* 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  (NAS:HSAI) Total Assets Explanation

Total Assets is connected with ROA %.

Hesai Group's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=-59.392/( (793.051+775.717)/ 2 )
=-59.392/784.384
=-7.57 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Hesai Group's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=49.867/( (793.051+775.717)/ 2 )
=49.867/784.384
=0.06

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Hesai Group Total Assets Related Terms

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Hesai Group (Hesai Group) Business Description

Traded in Other Exchanges
Address
1588 Zhuguang Road, 9th Floor, Building L2-B, Qingpu District, Shanghai, CHN, 201702
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.

Hesai Group (Hesai Group) Headlines

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