Hesai Roe vs Net Income Per Share Analysis
HSAI Stock | 6.86 2.11 44.42% |
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 Roe and its Net Income Per Share 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.
Roe vs Net Income Per Share
Roe vs Net Income Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hesai Group American Roe account and Net Income Per Share. At this time, the significance of the direction appears to have strong relationship.
The correlation between Hesai Group's Roe and Net Income Per Share is 0.77. Overlapping area represents the amount of variation of Roe that can explain the historical movement of Net Income Per Share 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 Roe and Net Income Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roe of Hesai Group American are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Roe i.e., Hesai Group's Roe and Net Income Per Share go up and down completely randomly.
Correlation Coefficient | 0.77 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Roe
Net Income Per Share
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 Income | 32.6M | 58.7M | 99.8M | 50.9M | Net Interest Income | 32.6M | 58.7M | 96.7M | 50.2M |
Hesai Group fundamental ratios Correlations
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Hesai Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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 (0.42) | 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.