Return on Tangible Equity (Annual)

Return on Tangible Equity: The amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity. Calculated as: Income from Continuing Operations / Tangible Shareholders Equity

Hesai Group Sponsored ADR (HSAI) had Return on Tangible Equity of -2.66% for the most recently reported fiscal year, ending 2024-12-31.

Quarterly Annual

Figures for fiscal year ending 2024-12-31

Income Statement Financials
Revenue	$284.57M
Net Income	$-14.03M
Cost of Goods Sold	$163.38M
Gross Profit	$121.19M
Operating Expenses	$312.64M
Operating Income	$-28.07M
Non-Operating Income/Expense	$14.20M
Pre-Tax Income	$-13.87M
Normalized Pre-Tax Income	$-13.87M
Income after Taxes	$-14.02M
Income from Continuous Operations	$-14.03M
Consolidated Net Income/Loss	$-14.03M
Normalized Income after Taxes	$-14.02M
EBIT	$-28.07M
EBITDA	$-10.01M
Weighted-Average Shares Outstanding (Basic)	129.19M
Weighted-Average Shares Outstanding (Diluted)	129.19M
Earnings per Share (EPS) (Basic)	$-0.11
Earnings per Share (EPS) (Diluted)	$-0.11
Balance Sheet Financials
Current Assets	$641.52M
Property, Plant, and Equipment	$129.36M
Long-Term Assets	$179.05M
Total Assets	$820.57M
Current Liabilities	$223.16M
Long-Term Debt	$36.91M
Long-Term Liabilities	$58.77M
Total Liabilities	$281.93M
Common Equity	$538.65M
Tangible Shareholders Equity	$528.16M
Shareholders Equity	$538.65M
Common Shares Outstanding	131.16M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$8.70M
Cash Flow from Investing Activities	$130.96M
Cash Flow from Financial Activities	$34.34M
Beginning Cash	$213.46M
End Cash	$389.43M
Increase/Decrease in Cash	$175.97M
Stock-Based Compensation	$15.90M
Common Stock Dividends Paid	--
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	2.87
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.06
Debt to Equity Ratio	0.16
Gross Margin	42.59%
Operating Margin	-9.86%
EBIT Margin	-9.86%
EBITDA Margin	-3.52%
Pre-Tax Profit Margin	-4.87%
Profit Margin	-4.93%
Free Cash Flow	$-26.86M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.35
Inventory Turnover	2.47
Receiveable Turnover	2.70
Days Sales in Receivables	135.32
Return on Equity	-2.60%
Return on Tangible Equity	-2.66%
Return on Assets	-1.71%
Return on Investments	-2.44%
Book Value Per Share	$4.11
Free Cash Flow per Share	$-0.21
Operating Cash Flow per Share	$0.07

Data from Zacks Investment Research, Inc.