Hesai Technology announces its 2023 annual report: annual revenue exceeded 1.8 billion yuan, and operating cash flow turned positive
liuyang83
发表于 2024-3-12 15:13:47
3402
0
0
On March 12th, Hesai Technology released unaudited financial data for the fourth quarter and full year of 2023. According to financial report data, in 2023, Hesai Technology's annual revenue was 1.88 billion yuan, a year-on-year increase of 56.1%; The revenue in the fourth quarter was 560 million yuan, a year-on-year increase of 37.1%.
According to data, in 2023, the annual delivery volume of LiDAR by Hesai Technology was 222100 units, a year-on-year increase of 176.1%; The delivery volume of LiDAR in the fourth quarter was 87736 units, a year-on-year increase of 84.6%.
It is worth mentioning that in the fourth quarter, the cumulative delivery volume of Hesai Technology's LiDAR exceeded 300000 units, becoming the first car mounted LiDAR company in the industry to achieve this milestone.
According to Hesai Technology, with the continuous expansion of its product delivery scale, the company's cost structure and operating efficiency have been improved. In 2023, Hesai Technology has achieved positive annual operating cash flow.
It is reported that the recently launched Ideal Car MEGA is equipped with Hesai Technology's ultra-high definition long-range LiDAR AT128.
In addition, Hesai Technology has also reached strategic cooperation with Great Wall Motors and Zero Run Motors to jointly promote the development and landing of the new generation LiDAR project. Multiple new models will start mass production in 2024.
In terms of international business, Hesai Technology has reached fixed-point cooperation with two top international automotive brands for front-end production. The new flagship pure electric models under these two brands will be equipped with Hesai ultra high definition long-range LiDAR. In addition, Hesai's overseas ADAS business cooperation negotiations have expanded to 9 leading host manufacturers in North America, Europe, and Asia (outside of China).
At CES 2024, Hesai Technology also officially released the 512 line ultra high definition ultra long range LiDAR AT512. This product is developed based on the latest fourth generation technology platform of Hesai, and has doubled its ranging capability by introducing cutting-edge technologies such as 3D stacking and light noise suppression.
Li Yifan, co-founder and CEO of Hesai, stated that 2023 will be a record breaking year for Hesai. Hesai's performance continues to significantly surpass its peers and expand its leading market share. At the same time, Hesai Technology also achieved outstanding financial and operational performance throughout the year, including strong revenue growth, significantly increased shipment volume, and stable comprehensive gross profit margin, all of which exceeded the company's previous expectations.
According to Hesai Technology, China's electric vehicle industry is currently at a critical turning point in its intelligent transformation. As the industry gradually moves towards a new era of L2+/L3 intelligent driving systems, more and more car brands consider advanced intelligent driving functions such as urban NOA as their core competitiveness. Consumers are also beginning to realize that LiDAR, like airbags, provides indispensable guarantees for driving safety.
At the same time, LiDAR is gradually penetrating the mid to low-end vehicle market, equipped on vehicles priced close to 150000 yuan. This means that the market for LiDAR will further open up.
CandyLake.com 系信息发布平台,仅提供信息存储空间服务。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
猜你喜欢
- Caterpillar's sales and revenue for the third quarter were $16.1 billion, a year-on-year decrease of 4%
- Weibo Q3 revenue of 3.294 billion yuan, adjusted operating profit of 1.159 billion yuan
- Xiaopeng Motors' third quarter revenue growth is 18.4%, and delivery volume in November is expected to exceed 30000 vehicles
- NIO: Q3 revenue of 18.67 billion yuan, up 7.0% month on month
- All Things New Life (Love Recycling) achieved a revenue of 4.05 billion yuan in the third quarter, with non GAAP operating profit exceeding 100 million yuan
- Selling more and losing more? NIO's third quarter revenue decreased by 2.1% year-on-year, with an adjusted net loss of 4.413 billion yuan
- Nvidia's third quarter revenue reached $35.082 billion
- Under revenue pressure, iQiyi will invest more resources in operating micro dramas
- Pinduoduo's Q3 revenue was 99.4 billion yuan, and it continues to increase investment in the construction of "new quality supply" and "e-commerce westward"
- The revenue growth rate of Greater China region exceeds 50%. Amalfin Sports turned losses in the first three quarters and searched for the next "ancestor bird"
-
知名做空机构香橼研究(Citron Research)周四(11月21日)在社交媒体平台X上发布消息称,该公司已决定做空“比特币大户”微策略(Microstrategy)这家公司,并认为该公司已经将自己变身成为一家比特币投资基金 ...
- caffycat
- 昨天 11:18
- 支持
- 反对
- 回复
- 收藏
-
每经AI快讯,11月20日,文远知行宣布旗下自动驾驶环卫车S6与无人扫路机S1分别在新加坡滨海湾海岸大道与滨海艺术中心正式投入运营。据介绍,这是新加坡首个商业化运营的自动驾驶环卫项目。 ...
- star8699
- 3 天前
- 支持
- 反对
- 回复
- 收藏
-
上证报中国证券网讯(记者王子霖)11月20日,斗鱼发布2024年第三季度未经审计的财务报告。本季度斗鱼依托丰富的游戏内容生态,充分发挥主播资源和新业务潜力,持续为用户提供高质量的直播内容及游戏服务,进一步 ...
- goodfriendboy
- 3 天前
- 支持
- 反对
- 回复
- 收藏
-
人民网北京11月22日电 (记者栗翘楚、任妍)2024广州车展,在新能源汽车占据“半壁江山”的同时,正加速向智能网联新能源汽车全面过渡,随着“端到端”成为新宠,智能驾驶解决方案成为本届广州车展各大车企竞 ...
- 3233340
- 昨天 17:06
- 支持
- 反对
- 回复
- 收藏