Hesai Group (ZN8) Stock Overview

Through with its subsidiaries, engages in the development, manufacture, and sale of three-dimensional light detection and ranging solutions (LiDAR) in Mainland China, Europe, North America, and internationally. More details

ZN8 fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	5/6
Past Performance	3/6
Financial Health	5/6
Dividends	0/6

Rewards

Trading at 20% below our estimate of its fair value

Earnings are forecast to grow 40.65% per year

Became profitable this year

Risk Analysis

Shareholders have been substantially diluted in the past year

Shares are highly illiquid

ZN8 Community Fair Values

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Hesai Group Competitors

Price History & Performance

Summary of share price highs, lows and changes for Hesai Group
Historical stock prices
Current Share Price	US$20.50
52 Week High	US$26.97
52 Week Low	US$20.50
Beta	1.16
1 Month Change	n/a
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-17.07%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	ZN8	DE Auto Components	DE Market
7D	-11.6%	-1.7%	-1.0%
1Y	n/a	-1.0%	12.4%

Return vs Industry: Insufficient data to determine how ZN8 performed against the German Auto Components industry.

Return vs Market: Insufficient data to determine how ZN8 performed against the German Market.

Price Volatility

Is ZN8's price volatile compared to industry and market?
ZN8 volatility
ZN8 Average Weekly Movement	n/a
Auto Components Industry Average Movement	4.2%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	12.6%
10% least volatile stocks in DE Market	2.5%

Stable Share Price: ZN8's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: Insufficient data to determine ZN8's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2014	1,142	David Li	www.hesaitech.com

Hesai Group, through with its subsidiaries, engages in the development, manufacture, and sale of three-dimensional light detection and ranging solutions (LiDAR) in Mainland China, Europe, North America, and internationally. The company offers gas detection products, validation services, solution service, and other services, as well as designs and develops engineering products. Its LiDAR products are used in passenger and commercial vehicles with advanced driver assistance systems; autonomous vehicle fleets providing passenger and freight mobility services; and other applications, such as last-mile delivery robots, street sweeping robots, and logistics robots in restricted areas.

Hesai Group Fundamentals Summary

How do Hesai Group's earnings and revenue compare to its market cap?
ZN8 fundamental statistics
Market cap	€3.48b
Earnings (TTM)	€12.45m
Revenue (TTM)	€300.62m

279.3x

P/E Ratio

11.6x

P/S Ratio

Is ZN8 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ZN8 income statement (TTM)
Revenue	CN¥2.49b
Cost of Revenue	CN¥1.43b
Gross Profit	CN¥1.06b
Other Expenses	CN¥955.11m
Earnings	CN¥103.15m

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)	0.56
Gross Margin	42.49%
Net Profit Margin	4.14%
Debt/Equity Ratio	17.3%

How did ZN8 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/10/12 23:36
End of Day Share Price	2025/10/10 00:00
Earnings	2025/06/30
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Hesai Group is covered by 24 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Michael Meng	BOCI Research Ltd.
Yu Jie Lo	BofA Global Research
Sera Chen	CGS International