# Hesai Group share price today (Hesai Group, HSAI) > Hesai Group's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. HSAI · Consumer Discretionary · Auto Parts · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/hsai Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Price: $12.07 (−49.1% in a year) - P/E: 25.7×, against its own history - Revenue (Jun 2026): ₹0.9 B (+21.9% on a year ago) - Profit (Jun 2026): ₹0.1 B (+60.0% on a year ago) - Operating margin: 0.3% (−2.9 points on a year ago) - ROE: 5%, FY25 Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. ## What is the Hesai Group share price today? Hesai Group's share price was $12.07 at the close on 3 November 2026. It has been falling for 13 weeks. That is 38.7% below its average price over the last 200 trading days. In the last 52 weeks it traded between $12 and $29, and at that close it was at the low of that range. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 6 weeks running. Over the last 3.7 years the share price moved −46% while the S&P 500 moved +85%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 25 September 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Hesai Group pay? Hesai Group pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is Hesai Group on? Hesai Group is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is Hesai Group profitable? Hesai Group earned ₹0.1 B of net profit in the Jun 2026 quarter, +60.0% on the same quarter a year earlier. Full-year FY25 profit was ₹0.4 B. That is 8.2% of the quarter's revenue. The same quarter a year earlier earned ₹0.0 B. 6 of the last 12 reported quarters were loss-making. This company reports in its home currency, not US dollars, so the money charts are left out here. The figures in the text are in that currency (₹); nothing is converted. ## How much revenue does Hesai Group make, and is it growing? Hesai Group reported ₹0.9 B of revenue in the Jun 2026 quarter, +21.9% on the same quarter a year earlier. That is the 9th quarter in a row with growth on the year before. Over 4 years it has grown 43.2% a year on average. The last full year, FY25, came in at ₹3.0 B. The last four reported quarters add to ₹3.3 B. FY25 revenue was ₹3.0 B, +45.8% on the year before. Recent pace: the last four quarters grew +34.5% on average, against 43.2% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +34.0%, against +35.2% a year over the last 8 quarters (stabilising). This company reports in its home currency, not US dollars, so the money charts are left out here. The figures in the text are in that currency (₹); nothing is converted. ## How much of its sales does Hesai Group keep? Hesai Group's operating margin was 0.3% in the Jun 2026 quarter, 2.9 percentage points lower than the same quarter a year ago. Across 5 years it has been between −36.8% and −0.7%. The latest quarter is above every full year in that period. Why the margin moved: operating margin changed −2.9 percentage points on the year while gross margin changed −2.4 points. So the drop came mostly from the gross margin, which means input costs and prices charged. ## Is Hesai Group's profit turning into cash? Hesai Group's cash-flow history is too short to judge how much of its profit turns into cash. In FY25 it brought in ₹0.1 B of operating cash against ₹0.4 B of profit. After ₹0.3 B of spending on assets, free cash was −₹0.2 B: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. This company reports in its home currency, not US dollars, so the money charts are left out here. The figures in the text are in that currency (₹); nothing is converted. ## Where does Hesai Group's cash go? Hesai Group does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent ₹1.0 B on assets over the last 3 years. Averaged over those years that is 11.0% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: ₹1.0 B over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. This company reports in its home currency, not US dollars, so the money charts are left out here. The figures in the text are in that currency (₹); nothing is converted. ## What is Hesai Group's P/E ratio, and how does it compare with its own history? Hesai Group's P/E is 25.7×, with too little history to compare. This compares the share price with the company’s own past. It does not say what the business is worth. In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple. ## Is the Hesai Group business getting better or worse? Hesai Group's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 2 measures, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does Hesai Group earn on its capital? Hesai Group earned a ROE of 5% in FY25. That is up from a low of −12% in FY23. Its return on capital used (ROIC) is left out: on sales this small it reads −30%, a number that says nothing useful about the business. It comes from a 14.4% net margin and 0.27× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 14.4% net margin × 0.27× asset turnover × 1.26× leverage (assets divided by equity) ≈ 4.9% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. ## Does Hesai Group have too much debt? Hesai Group has total debt of ₹0.7 B against shareholder equity of ₹9.0 B as of Jun 2026, so its debt is 0.08× its equity, which is very little. Year by year, that ratio went from −0.02 in FY22 to 0.09 in FY25. So the returns on this page come from the business, not from borrowed money. This company reports in its home currency, not US dollars, so the money charts are left out here. The figures in the text are in that currency (₹); nothing is converted. ## What is the Hesai Group shareholding pattern? We have no ownership or short-position figures for Hesai Group, so this section says so rather than fill the gap. At normal trading volumes, closing those positions would take about 7.4 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. ## How far is Hesai Group from balance-sheet trouble? For Hesai Group, the Z-score is 7.86. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 7.86 is well clear of the danger zone, so the balance sheet is not the risk here. ## How does Hesai Group rank in its industry? There is no score against its industry: Hesai Group is not among the largest members shown in this industry comparison for Auto Parts. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is Hesai Group compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to Hesai Group in size? Hesai Group is the 22nd largest of 43 Auto Parts companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Advance Auto Parts, Inc., PHINIA Inc. and Dana Incorporated. Just below it: Visteon Corporation, Gentherm Incorporated and Adient plc. ### Auto Parts companies close in size 1. [Advance Auto Parts, Inc.](https://www.sectoralpha.in/us/stocks/aap) $2.9 billion 2. [PHINIA Inc.](https://www.sectoralpha.in/us/stocks/phin) $2.5 billion 3. [Dana Incorporated](https://www.sectoralpha.in/us/stocks/dan) $2.4 billion 4. Hesai Group $1.9 billion 5. [Visteon Corporation](https://www.sectoralpha.in/us/stocks/vc) $1.8 billion 6. [Gentherm Incorporated](https://www.sectoralpha.in/us/stocks/thrm) $1.6 billion 7. [Adient plc](https://www.sectoralpha.in/us/stocks/adnt) $1.3 billion [All 43 Auto Parts companies, largest first](https://www.sectoralpha.in/us/sectors/auto-parts#all-companies) ### Companies close in size in other industries 1. [FirstSun Capital Bancorp](https://www.sectoralpha.in/us/stocks/fsun) $1.9 billion · Banks - Regional 2. [Fortrea Holdings Inc.](https://www.sectoralpha.in/us/stocks/ftre) $1.9 billion · Biotechnology 3. Hesai Group $1.9 billion 4. [Denison Mines Corp.](https://www.sectoralpha.in/us/stocks/dnn) $1.9 billion · Uranium 5. [RLJ Lodging Trust](https://www.sectoralpha.in/us/stocks/rlj) $1.9 billion · REIT - Hotel & Motel ## What else do people ask about Hesai Group? ### What were Hesai Group's latest quarterly results? Hesai Group reported revenue of ₹0.9 B and net profit of ₹0.1 B for the Jun 2026 quarter. Revenue rose 21.9% and profit rose 60.0% compared with a year earlier. The operating margin was 0.3%, 2.9 percentage points lower than a year earlier (as of 3 November 2026). ### What is Hesai Group's market cap? Hesai Group's market capitalisation is $1.9 B at a stock price of $12.07. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Hesai Group performing? Hesai Group's share price has been falling for 13 weeks. In its latest quarter, revenue rose 21.9% and profit rose 60.0% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 6 weeks running (as of 3 November 2026). ### Will Hesai Group's stock price go up? This page does not forecast Hesai Group's stock price. What it shows instead: the stock price is $12.07, and it has been falling for 13 weeks. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Where is Hesai Group in its business cycle? Hesai Group's FY25 operating margin was −0.7%, against a 5-year range of −36.8% to −0.7%: the middle of its own range, neither a peak nor a low. The latest quarter was 0.3%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Hesai Group story? Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Hesai Group a stock worth studying right now? What the numbers show: Hesai Group's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.