Hesai Group
HSAI
#6501
Rank
ยฃ0.38 B
Marketcap
ยฃ2.99
Share price
-5.07%
Change (1 day)
-63.95%
Change (1 year)

Operating Margin for Hesai Group (HSAI)

Operating Margin as of September 2024 (TTM): -24.83%

According to Hesai Group's latest financial reports and stock price the company's current Operating Margin is -24.83%. At the end of 2022 the company had an Operating Margin of -31.45%.

Operating Margin history for Hesai Group from 2022 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-31.45%-14.56%
2021-36.81%50.21%
2020-24.50%-807.98%
20193.46%

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.