Hesai (HSAI) Asset Utilization Ratio (2023 - 2026)
Hesai's (HSAI) quarterly Asset Utilization Ratio came in at 0.3 in Q2 2026, down 27.39% on a YoY basis from 0.41 in Q2 2025, and up 5.12% quarter-over-quarter from 0.29 in Q1 2026.
Analysis
Hesai (HSAI) Asset Utilization Ratio (2023 - 2026) Analysis & Trends
Hesai (HSAI) has reported Asset Utilization Ratio for 4 consecutive years, with 0.3 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Asset Utilization Ratio fell 27.39% year-over-year to 0.3; the trailing twelve-month figure through Jun 2026 stood at 0.3 (down 27.39% YoY), and the FY2025 full-year result was 0.36, up 1.27% from the prior year.
- Asset Utilization Ratio grew to 0.3 in Q2 2026 per HSAI's latest filing, from 0.29 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.41 in Q2 2025 and bottomed at 0.27 in Q4 2025.
- Historically, Asset Utilization Ratio has averaged 0.33 across 4 years, with a median of 0.33 in 2024.
- The sharpest annual moves came in 2025 and 2026: Asset Utilization Ratio grew 26.5% in 2025, then retreated 27.39% in 2026.
- Over 4 years, Asset Utilization Ratio stood at 0.35 in 2023, then increased by 0.05% to 0.35 in 2024, then declined by 23.07% to 0.27 in 2025, then gained by 9.93% to 0.3 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.3, 0.29, and 0.27 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Lumentum Holdings | 69.79 Bn | 67.06 Bn | 477.30 Mn | 0.42 |
| 2 | Coherent | 52.04 Bn | 50.05 Bn | 787.08 Mn | 0.40 |
| 3 | Zebra Technologies | 16.42 Bn | 16.26 Bn | 825.00 Mn | 0.69 |
| 4 | Littelfuse | 10.48 Bn | 9.85 Bn | 306.06 Mn | 0.66 |
| 5 | Vishay Intertechnology | 4.28 Bn | 2.98 Bn | 207.38 Mn | 0.70 |
| 6 | LG Display | 3.14 Bn | 2.07 Bn | 509.35 Mn | 0.95 |
| 7 | Knowles | 3.04 Bn | 2.99 Bn | 74.60 Mn | 0.60 |
| 8 | Bel Fuse | 2.76 Bn | 2.45 Bn | 83.97 Mn | 0.67 |
| 9 | Hesai | 2.42 Bn | 1.44 Bn | 50.88 Mn | 0.30 |
| 10 | Ouster | 2.32 Bn | 2.06 Bn | 26.69 Mn | 0.39 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.30 |
| Mar 31, 2026 | 0.29 |
| Dec 31, 2025 | 0.27 |
| Sep 30, 2025 | 0.32 |
| Jun 30, 2025 | 0.41 |
| Mar 31, 2025 | 0.38 |
| Dec 31, 2024 | 0.35 |
| Sep 30, 2024 | 0.34 |
| Jun 30, 2024 | 0.33 |
| Mar 31, 2024 | 0.32 |
| Dec 31, 2023 | 0.35 |
| Sep 30, 2023 | 0.34 |
| Jun 30, 2023 | 0.32 |
| Mar 31, 2023 | 0.32 |