In This Article:
Hesai Group (NASDAQ:HSAI) Full Year 2024 Results
Key Financial Results
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Revenue: CN¥2.08b (up 11% from FY 2023).
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Net loss: CN¥102.4m (loss narrowed by 79% from FY 2023).
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CN¥0.79 loss per share (improved from CN¥3.81 loss in FY 2023).
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 26% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Auto Components industry in the US.
Performance of the American Auto Components industry.
The company's shares are up 53% 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.
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