Hesai Net Income vs Reconciled Depreciation Analysis

HSAI Stock   4.61  0.10  2.22%   
Hesai Group financial indicator trend analysis is much more than just examining Hesai Group American latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hesai Group American is a good investment. Please check the relationship between Hesai Group Net Income and its Reconciled Depreciation accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hesai Group American. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Net Income vs Reconciled Depreciation

Net Income vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hesai Group American Net Income account and Reconciled Depreciation. At this time, the significance of the direction appears to have pay attention.
The correlation between Hesai Group's Net Income and Reconciled Depreciation is -0.92. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Hesai Group American, assuming nothing else is changed. The correlation between historical values of Hesai Group's Net Income and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Hesai Group American are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Net Income i.e., Hesai Group's Net Income and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

-0.92
Relationship DirectionNegative 
Relationship StrengthSignificant

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Hesai Group American financial statement analysis. It represents the amount of money remaining after all of Hesai Group American operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Reconciled Depreciation

Most indicators from Hesai Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hesai Group American current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hesai Group American. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
As of now, Hesai Group's Tax Provision is decreasing as compared to previous years. The Hesai Group's current Issuance Of Capital Stock is estimated to increase to about 1.3 B, while Selling General Administrative is projected to decrease to under 195.7 M.
 2021 2022 2023 2024 (projected)
Interest Income32.6M58.7M99.8M50.9M
Net Interest Income32.6M58.7M96.7M50.2M

Hesai Group fundamental ratios Correlations

0.990.990.550.95-0.920.90.28-0.93-0.960.940.880.90.830.960.970.95-0.75-0.30.740.410.920.960.740.60.57
0.990.980.480.96-0.930.870.38-0.93-0.960.920.850.870.80.990.950.95-0.68-0.30.730.50.960.950.680.670.51
0.990.980.490.95-0.940.890.28-0.92-0.960.940.870.890.830.950.960.96-0.72-0.290.720.460.920.940.70.640.51
0.550.480.490.54-0.360.640.04-0.48-0.510.380.60.630.480.50.660.33-0.79-0.550.69-0.470.260.530.78-0.241.0
0.950.960.950.54-0.960.940.29-0.96-1.00.880.920.940.880.940.920.92-0.77-0.530.720.470.930.910.760.680.56
-0.92-0.93-0.94-0.36-0.96-0.86-0.350.890.96-0.84-0.83-0.86-0.81-0.9-0.88-0.90.640.42-0.71-0.56-0.91-0.81-0.6-0.74-0.39
0.90.870.890.640.94-0.86-0.03-0.97-0.950.891.01.00.970.80.850.88-0.93-0.660.580.320.830.890.920.560.67
0.280.380.280.040.29-0.35-0.03-0.06-0.220.02-0.1-0.04-0.20.510.390.140.270.240.660.20.320.13-0.280.190.01
-0.93-0.93-0.92-0.48-0.960.89-0.97-0.060.98-0.95-0.97-0.97-0.96-0.87-0.84-0.960.820.54-0.52-0.52-0.93-0.95-0.84-0.72-0.52
-0.96-0.96-0.96-0.51-1.00.96-0.95-0.220.98-0.92-0.94-0.95-0.91-0.92-0.91-0.950.780.51-0.67-0.5-0.94-0.92-0.78-0.7-0.53
0.940.920.940.380.88-0.840.890.02-0.95-0.920.90.890.90.850.830.99-0.74-0.280.450.560.920.970.760.720.41
0.880.850.870.60.92-0.831.0-0.1-0.97-0.940.91.00.990.770.810.89-0.93-0.660.50.360.830.90.930.580.64
0.90.870.890.630.94-0.861.0-0.04-0.97-0.950.891.00.970.80.850.89-0.92-0.660.570.340.830.890.920.570.66
0.830.80.830.480.88-0.810.97-0.2-0.96-0.910.90.990.970.710.730.89-0.89-0.650.370.440.820.870.90.650.52
0.960.990.950.50.94-0.90.80.51-0.87-0.920.850.770.80.710.950.89-0.6-0.250.80.460.930.910.60.620.51
0.970.950.960.660.92-0.880.850.39-0.84-0.910.830.810.850.730.950.85-0.73-0.30.870.240.820.890.70.440.68
0.950.950.960.330.92-0.90.880.14-0.96-0.950.990.890.890.890.890.85-0.69-0.290.510.630.970.960.70.790.36
-0.75-0.68-0.72-0.79-0.770.64-0.930.270.820.78-0.74-0.93-0.92-0.89-0.6-0.73-0.690.7-0.480.01-0.57-0.77-0.99-0.24-0.82
-0.3-0.3-0.29-0.55-0.530.42-0.660.240.540.51-0.28-0.66-0.66-0.65-0.25-0.3-0.290.7-0.240.01-0.3-0.31-0.7-0.2-0.57
0.740.730.720.690.72-0.710.580.66-0.52-0.670.450.50.570.370.80.870.51-0.48-0.24-0.040.550.570.430.140.68
0.410.50.46-0.470.47-0.560.320.2-0.52-0.50.560.360.340.440.460.240.630.010.01-0.040.720.440.030.96-0.44
0.920.960.920.260.93-0.910.830.32-0.93-0.940.920.830.830.820.930.820.97-0.57-0.30.550.720.910.60.860.29
0.960.950.940.530.91-0.810.890.13-0.95-0.920.970.90.890.870.910.890.96-0.77-0.310.570.440.910.80.620.55
0.740.680.70.780.76-0.60.92-0.28-0.84-0.780.760.930.920.90.60.70.7-0.99-0.70.430.030.60.80.270.8
0.60.670.64-0.240.68-0.740.560.19-0.72-0.70.720.580.570.650.620.440.79-0.24-0.20.140.960.860.620.27-0.2
0.570.510.511.00.56-0.390.670.01-0.52-0.530.410.640.660.520.510.680.36-0.82-0.570.68-0.440.290.550.8-0.2
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Hesai Group Account Relationship Matchups

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When determining whether Hesai Group American offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hesai Group's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hesai Group American Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hesai Group American Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hesai Group American. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Automotive Parts & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hesai Group. If investors know Hesai will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hesai Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.50)
Revenue Per Share
14.349
Quarterly Revenue Growth
0.042
Return On Assets
(0.06)
Return On Equity
(0.12)
The market value of Hesai Group American is measured differently than its book value, which is the value of Hesai that is recorded on the company's balance sheet. Investors also form their own opinion of Hesai Group's value that differs from its market value or its book value, called intrinsic value, which is Hesai Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hesai Group's market value can be influenced by many factors that don't directly affect Hesai Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hesai Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hesai Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hesai Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.