Critical Survey: Hesai Group (HSAI) and The Competition

Hesai Group (NASDAQ:HSAI) is one of 22 public companies in the “General industrial machinery,” industry, but how does it contrast to its peers? We will compare Hesai Group to related companies based on the strength of its dividends, earnings, profitability, risk, analyst recommendations, institutional ownership and valuation.

Valuation & Earnings

This table compares Hesai Group and its peers top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Hesai Group	$1.72 billion	-$43.61 million	-17.98
Hesai Group Competitors	$778.02 million	$11.43 million	-0.98

Hesai Group has higher revenue, but lower earnings than its peers. Hesai Group is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Insider and Institutional Ownership

15.0% of Hesai Group shares are held by institutional investors. Comparatively, 48.0% of shares of all “General industrial machinery,” companies are held by institutional investors. 14.8% of shares of all “General industrial machinery,” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Analyst Ratings

This is a breakdown of current ratings and recommmendations for Hesai Group and its peers, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Hesai Group	0	1	3	0	2.75
Hesai Group Competitors	88	209	310	7	2.38

Hesai Group presently has a consensus target price of $29.50, indicating a potential upside of 203.81%. As a group, “General industrial machinery,” companies have a potential upside of 20.60%. Given Hesai Group’s stronger consensus rating and higher possible upside, analysts plainly believe Hesai Group is more favorable than its peers.

Profitability

This table compares Hesai Group and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Hesai Group	-27.33%	-21.55%	-9.74%
Hesai Group Competitors	-211.20%	-298.00%	-35.68%

Summary

Hesai Group beats its peers on 7 of the 12 factors compared.

Hesai Group Company Profile

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.