Hesai Group
NASDAQ:HSAI
Hesai Group
Revenue
Hesai Group
Revenue Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
| Company | Revenue | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
|---|---|---|---|---|---|---|
|
H
|
Hesai Group
NASDAQ:HSAI
|
Revenue
¥1.9B
|
CAGR 3-Years
65%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
|
Fuyao Glass Industry Group Co Ltd
SSE:600660
|
Revenue
¥37.6B
|
CAGR 3-Years
17%
|
CAGR 5-Years
13%
|
CAGR 10-Years
12%
|
|
|
Ningbo Tuopu Group Co Ltd
SSE:601689
|
Revenue
¥24.9B
|
CAGR 3-Years
35%
|
CAGR 5-Years
36%
|
CAGR 10-Years
N/A
|
|
|
Changzhou Xingyu Automotive Lighting Systems Co Ltd
SSE:601799
|
Revenue
¥12.2B
|
CAGR 3-Years
14%
|
CAGR 5-Years
18%
|
CAGR 10-Years
21%
|
|
|
HUAYU Automotive Systems Co Ltd
SSE:600741
|
Revenue
¥166.5B
|
CAGR 3-Years
5%
|
CAGR 5-Years
3%
|
CAGR 10-Years
9%
|
|
|
Huizhou Desay SV Automotive Co Ltd
SZSE:002920
|
Revenue
¥26.4B
|
CAGR 3-Years
44%
|
CAGR 5-Years
40%
|
CAGR 10-Years
N/A
|
|
Hesai Group
Glance View
Hesai Group, founded in 2014 and headquartered in Shanghai, has swiftly emerged as a prominent player in the realm of lidar technology, which is vital for advanced applications in autonomous driving and industrial automation. The company's journey is rooted in its cutting-edge research and development. Hesai’s lidar systems are designed to enable machines to perceive and understand their environment with high precision. The company capitalizes on its technological prowess to develop lidar sensors that offer reliable performance, which is crucial for the myriad scenarios that autonomous vehicles encounter. Hesai’s dedication to precision and reliability has enabled it to secure a significant foothold in both the automotive and robotics industries. Revenue for Hesai Group primarily stems from the sale of its lidar sensors to automotive manufacturers and tech firms focused on self-driving technologies. Additionally, the company supplies its products to a burgeoning market of robotics and industrial automation companies that demand high-resolution, precise sensing capabilities. Moreover, Hesai nurtures partnerships and collaboration with industry giants to expand its influence and integrate its technology into broader applications. This strategic positioning not only allows Hesai to benefit from the growing trends in automation and autonomous solutions but also positions it as an innovator in the field, reinforcing its significance in the tech landscape. As the world edges closer to a future dominated by smart technology, Hesai Group stands at the precipice, ready to illuminate the path forward.
See Also
What is Hesai Group's Revenue?
Revenue
1.9B
CNY
Based on the financial report for Dec 31, 2023, Hesai Group's Revenue amounts to 1.9B CNY.
What is Hesai Group's Revenue growth rate?
Revenue CAGR 3Y
65%
Over the last year, the Revenue growth was 56%. The average annual Revenue growth rates for Hesai Group have been 65% over the past three years .
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