Hesai Group, through with its subsidiaries, engages in the development, manufacture, and sale of three-dimensional light detection and ranging solutions (LiDAR). Its LiDAR products are used in passenger and commercial vehicles with advanced driver assistance systems; autonomous passenger and freight mobility services; and other applications, such as delivery robots, street sweeping robots, and logistics robots in restricted areas. Hesai Group was founded in 2014 and is based in Shanghai, China.

Kai Sun

Yifan Li

Shaoqing Xiang

Hesai Group

Lume Robotics develops advanced robotic systems that enable vehicles to operate autonomously. The system integrates hardware and software to navigate environments without human drivers.

Lume Robotics

Streamax Technology Co., Ltd. is an AIOT Smart IoT solution provider focused on safety, compliance, and efficiency improvement of commercial vehicles with AI and video technology.

Streamax Technology Co., Ltd.

Hesai Technology is the global leader in three-dimensional light detection and ranging (LiDAR) solutions. The Company’s LiDAR products enable a broad spectrum of applications across passenger and commercial vehicles with advanced driver assistance systems (ADAS) and autonomous vehicle fleets (autonomous mobility). Hesai's technology also empowers robotics applications such as last-mile delivery robots and logistics robots in restricted areas. As of December 31, 2022, Hesai has shipped over 100,000 LiDAR units in total. The Company’s commercially validated solutions are backed by superior research and development capabilities across optics, mechanics, electronics, and software. Hesai integrates LiDAR designs with an in-house manufacturing process, facilitating rapid product development while ensuring high performance, consistent quality and affordability. Hesai has established strong relationships with leading automotive OEMs, autonomous vehicle, and robotics companies worldwide, covering over 90 cities in 40 countries. 

E-mail
info@hesaitech.com
pr@hesaitech.com (media)

Phone
Headquarters (Shanghai): +86 400-805-1233
US Office: +1 650-665-7837

Hesai Technology

We're #hiring a new Marketing Manager/Director in Palo Alto, California. Apply today or share this post with your network.

We are thrilled to announce our collaboration with NVIDIA DRIVE, a global leader in AI and simulation technology. By integrating Hesai's cutting-edge lidar sensors within the NVIDIA DRIVE and Omniverse ecosystems, we are pushing the boundaries of autonomous driving like never before!

The combination of Hesai's expertise in lidar sensors and NVIDIA's AI and simulation platforms creates an unparalleled opportunity for the autonomous driving industry. By accessing Hesai lidar sensor models in DRIVE Sim, developers can enhance the accuracy of real-world lidar data simulation. This synergy leads to more efficient and reliable autonomous driving systems, driving us closer to a safer future on the roads.

This partnership marks an exciting milestone in our ongoing collaboration with NVIDIA, and we are eager to continue working together to integrate GPU and lidar technology into self-driving vehicles effortlessly.
Learn more about the collaboration:
https://lnkd.in/gAZXYr2g

#lidar #DRIVESim #autonomousdriving #AI

🤏🏼ET25: Hesai's sleek in-cabin lidar!🤏🏼

As cars evolve with sleeker designs, we at Hesai understand the need for a more compact and sophisticated lidar sensor to match modern aesthetics. Meet the ET25, our first in-cabin long range lidar sensor!

Named for its extremely thin build, the ET25 is a game changer in automotive lidar technology. Designed for behind-the-windshield application, it seamlessly fits inside the vehicle cabin, preserving the original design and ensuring an unobstructed view for the driver. 

The ET25's innovative design redefines how lidar sensors integrate into vehicles, striking the perfect balance between style and functionality. Learn more about our newest lidar solution here: https://lnkd.in/gpQ47Gb9

#lidar #automotive #ADAS #ExtremelyThin

We're #hiring a new Senior Device Engineer in Shanghai. Apply today or share this post with your network.

Short-range lidar provides better visibility and protection in tight areas like parking structures and garages.  

With its precise and real-time data, you can maneuver your vehicle with confidence and accuracy, even in the tightest of spaces.  The compact size of our QT128 stands at 83 mm tall.  With such a small size, it allows seamless integration into vehicles and provides a 360° view thus eliminating blind spots like other vehicles, walls, and animals.  

Get to know the QT128 here: https://lnkd.in/ge6ACg5X  

#lidar #ADAS #360protection

AMRs significantly contribute to warehouse and logistics operations by automating material transportation, order picking, and inventory management.  

Integrating lidar technology enhances their capabilities by providing accurate perception, obstacle avoidance, precise localization, and adaptability to changing environments.   

How can Hesai's lidar sensors help bridge the gap between warehouse logistics and industrial robotics?  https://lnkd.in/g8xTwaSG 

#lidar #AMR #industrial #robotics

We're #hiring a new Autonomous Driving Sales in Palo Alto, California. Apply today or share this post with your network.

We are thrilled to be featured in the Forbes regarding the future of lidar in the automotive market.  

The latest Yole Group report on "LiDAR for Automotive" reveals exciting insights into the booming lidar market. With an estimated revenue of $332M in 2022, the market is set to soar approximately 15 times by 2028, reaching a staggering $4.7B/year. Hesai (NASDAQ: #HSAI) emerges as a dominant force, leading the L4 robotaxi market and making impressive strides in the L2/L3 ADAS applications.

Hesai is determined to increase its market penetration for ADAS and L3 autonomy in consumer cars worldwide. Its miniaturized form factor, low power consumption, and behind-windscreen mounting make us an attractive choice for automotive OEMs seeking superior perception and safety.

Read the full article: 
https://lnkd.in/gTR7_hi8 

#lidar #automotive #ADAS

Hesai Technology (NASDAQ: HSAI) has been recognized by Yole Group as the number one global automotive lidar supplier for the second consecutive year!  🌟🌐

🔍 Leading market share: According to Yole Intelligence's "LiDAR for Automotive 2023" report, Hesai secured close to half of the total global automotive lidar market share by revenue. Our relentless focus on providing cutting-edge lidar solutions for passenger cars and robotic cars, including robotaxis, has positioned us as the market leader.

🚀 Dominating the robotic cars lidar market: Hesai continues to lead the global robotic cars lidar market with an impressive 67% market share, valued at $147M.

📈 Rapid growth in the passenger car lidar market: Yole Intelligence reports a remarkable 285% YoY growth in the global passenger car lidar market, and Hesai is leading with 23% market share by revenue and 31% of design wins. 

Read the full Yole report here: https://lnkd.in/gma5rH_f

#lidar #ADAS #robotaxi #YoleGroup

Metric
Company Name	Hesai Group	Lume Robotics	Streamax Technology Co., Ltd.
Symbol	HSAI
MSH ID	COM:HESAITECH	AI:LUMEROBOTICS	COM:STREAMAX:EN
Market	STOCKS	PRIVATE	PRIVATE
Sector	Consumer Cyclical	Technology	Technology
Industry	Auto - Parts	Robotics	Transportation
Country	CN	BR	CN
Stage	Series D	Seed
Employee Count	1.12K
Website	hesaitech.com	lumerobotics.ai	en.streamax.com
LinkedIn	hesaitechnology		streamax-technology
Founders

Metric
Market Cap	577.68M
Enterprise Value
Monthly Web Traffic	94.14K	9.32K	25.23K
Web Traffic Growth	0.12	244.16	0.84
Valuation
Raised Capital	70M	191.69K

Metric
Revenue	258.17M
Revenue (LTM)
Revenue (NTM)
Gross Profit	90.97M
EBITDA	-71.24M
Operating Income	-78.62M
Net Income	-65.47M
EPS	-0.52
Diluted EPS	-0.52
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin	0.39
Operating Profit Margin	-0.30
EBITDA Margin	-0.28
Net Profit Margin	-0.25
Return on Equity	-0.12
Return on Assets	-0.08
Return on Capital Employed	-0.13

COM:HESAITECH

Hesai Technology

Last Close

4.61

22/11 21:00

Market Cap

577.68M

Beta: -

Volume Today

410

Avg: -

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio	-7.25
P/B Ratio	0.86
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio	2.68
EV Multiple	-8.97

Metric
Days Sales Outstanding	89.32
Days Payables Outstanding	68.41
Days Inventory Outstanding	220.43
Operating Cycle	366.22
Cash Conversion Cycle	247.68
Asset Turnover	0.33

Metric
Operating Cash Flow
Free Cash Flow
Cash Flow to Debt	0.28
Operating Cash Flow/Sales	0.09
Free Cash Flow Yield	-0.06

Metric
Cash & Equivalents	213.83M
Accounts Receivable
Inventory	68.21M
Goodwill
Debt to Capitalization	0.15
Debt to Assets	0.07
Current Ratio	4.26
Quick Ratio	3.61

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue	0.01
R&D to Revenue	0.43
SG&A to Revenue	0.14