Hesai Group Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

Hesai Group (NASDAQ:HSAI) Full Year 2024 Results

Key Financial Results

• Revenue: CN¥2.08b (up 11% from FY 2023).
• Net loss: CN¥102.4m (loss narrowed by 79% from FY 2023).
• CN¥0.79 loss per share (improved from CN¥3.81 loss in FY 2023).

Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit.

All figures shown in the chart above are for the trailing 12 month (TTM) period

Hesai Group EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) exceeded analyst estimates by 16%.

Looking ahead, revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Auto Components industry in the US.

Performance of the American Auto Components industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for Hesai Group you should know about.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.