Hesai Group American
Hesai Group American Depositary Share is an ADR representing Hesai Group’s Class B ordinary shares and giving investors access to the company’s business in lidar technology. Hesai Group develops, manufactures, and sells three-dimensional light detection and ranging solutions used in passenger and commercial vehicles, advanced driver-assistance systems, autonomous vehicle fleets, and other automation-related applications. The company also serves markets such as robotics, industrial automation, mapping, and logistics, where precise sensing and perception tools are essential. Its product portfolio includes lidar sensors, perception software, and related services that support object detection, environment mapping, and navigation in complex operating conditions. Headquartered in Shanghai, China, Hesai Group plays a significant role in the global automotive and intelligent mobility supply chain through its focus on sensing systems for vehicles and machines.
$13.19
-$0.80 (-5.72%)
EOD Oct 21, 2026
Operating margin is thin at 4.08%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue up 45.8% YoY with margins expanding 13.9pp.
At 27x earnings, the current multiple leaves limited room for execution misses or growth deceleration. Negative free cash flow of -¥225M. The business is consuming cash, not generating it.
27.2x earnings. Not cheap, the quality is already reflected in the price. Upside from here requires either margin expansion or growth re-acceleration, not just continuation.
Price History
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
¥3.34B
▲ +45.8% YoY
Net Income (TTM)
¥498M
▲ +525.8% YoY
Op. Margin
3.83%
▲ +13.9pp YoY
ROIC
1.58%
▲ +5.1pp YoY
Cash Flow & Balance Sheet
FCF (FY)
-¥225M
▼ -8.3% YoY
Op. Cash Flow (FY)
¥117M
▲ +304.6% YoY
Net Debt
-¥3.76B
Net Cash Position
Cash & Equiv.
¥4.76B
3Y CAGR: +36.0%
Continue Research
Is Hesai Group American (HSAI) overvalued?
At a P/E of 27.2, Hesai Group American (HSAI)'s valuation is best read against its own history, its peers, and the growth its price implies. A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Hesai Group American scores 46/100 on Intrinsiqq's quality scorecard (a mixed business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 2.0%; see dividend safety for coverage and history. All figures are computed from company filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.
Frequently asked
Is Hesai Group American a high-quality business?+
Hesai Group American scores 46 out of 100 on Intrinsiqq's quality score, a weighted blend of 7 metrics each scored 0 to 100, which makes it a mixed business on these measures. Recent fundamentals include a 3.8% operating margin and a 1.6% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from company filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Does Hesai Group American (HSAI) pay a dividend, and how much?+
Yes, Hesai Group American pays a regular dividend of about CNY 1.80 per share per year (typically in quarterly installments), a yield of roughly 2.0% at the current price. That is a payout ratio of about 58.8% of earnings, so the dividend is well covered. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For HSAI's full payout history, growth streak and dividend-safety score, see the dividends tab.
Is Hesai Group American a good stock to buy right now?+
That depends on valuation and quality together, not either alone. you should weigh HSAI's valuation and scores 46/100 on quality (mixed). It also yields about 2.0%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from company filings, not investment advice.
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Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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