HESAI-W(02525.HK): 2026 Q1 Report - Profit Attributable to Shareholders stood at CNY 18.32 million, turned profitable from a loss YoY
NewTimeSpace News: May 19, 2026, HESAI-W(02525.HK) released its Q1 Report for the period ended December 31, 2026, Total Revenue stood at CNY 680.56 million, increased by 29.56% YoY; Net Profit stood at CNY 18.32 million, turned profitable from a loss YoY; Profit Attributable to Shareholders stood at CNY 18.32 million, turned profitable from a loss YoY; Basic Earnings Per Share (EPS) stood at CNY 0.12.
In terms of profitability, HESAI-W Gross Profit changed from CNY 219.24 million in the same period last year to CNY 266.02 million in the current period, increased by CNY 46.79 million; gross profit margin changed from 41.74% in the same period last year to 39.09% in the current period, decreased by 2.65 percentage points; net profit changed from loss of CNY 17.55 million in the same period last year to CNY 18.32 million in the current period, increased by CNY 35.86 million; net profit margin changed from -3.34% in the same period last year to 2.69% in the current period, increased by 6.03 percentage points.
In terms of earnings quality, HESAI-W Operating Profit changed from loss of CNY 33.45 million in the same period last year to loss of CNY 8.56 million in the current period, increased by CNY 24.89 million; Operating Profit Margin changed from -6.37% in the same period last year to -1.26% in the current period, increased by 5.11 percentage points.
In terms of financial soundness, HESAI-W Debt-to-Asset Ratio changed from 26.6% in the same period last year to 18.13% in the current period, decreased by 8.47 percentage points; Total Equity changed from CNY 4.277 billion in the same period last year to CNY 8.926 billion in the current period, increased by CNY 4.65 billion; Current Liabilities changed from CNY 1.12 billion in the same period last year to CNY 1.6 billion in the current period, increased by CNY 477.39 million; Quick Ratio changed from 3.62 in the same period last year to 4.52 in the current period, increased by 0.9 percentage points.
In terms of R&D investment focus, HESAI-W R&D Expenses changed from CNY 183.31 million in the same period last year to CNY 204.67 million in the current period, increased by CNY 21.37 million; R&D to Total Revenue Ratio changed from 34.9% in the same period last year to 30.07% in the current period, decreased by 4.83 percentage points.
By the close of trading on May 19, 2026, HESAI-W(02525) saw a loss of 1.25% in its share price, closing at HKD 174.2 and touched an intraday low of HKD 168.5. The full-day turnover stood at HKD 129.56 million, with the latest market capitalization at HKD 27.37 billion.
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