Hesai (HSAI) Asset Utilization Ratio (2023 - 2026)
Hesai's Asset Utilization Ratio came in at 0.31 for Q3 2026, down 1.4% from 0.32 a year earlier but up 4.1% from the prior quarter.
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Analysis
Hesai (HSAI) Asset Utilization Ratio (2023 - 2026) Analysis & Trends
For FY2025, Hesai's Asset Utilization Ratio was 0.36, up 1.3% from FY2024.
- Going back by year, Asset Utilization Ratio was 0.35 in FY2024 (-9.9%), 0.39 in FY2023 (+31.8%) and 0.30 in FY2022.
- The five-year range for quarterly Asset Utilization Ratio is 0.27 (Q4 2025) to 0.41 (Q2 2025).
- Year-over-year, Asset Utilization Ratio has declined for five consecutive quarters, with an average decline of 4.6% over the last eight quarters.
- The fastest year-over-year change in Asset Utilization Ratio over five years came in Q2 2025 (growth of 26.8%), and the weakest in Q2 2026 (a decline of 27.4%).
- Business Quant data shows HSAI's Asset Utilization Ratio at 0.30 (Q2 2026), 0.28 (Q1 2026) and 0.27 (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,177.41 Bn | 4,922.87 Bn | 54.82 Bn | 1.22 |
| 2 | Cisco Systems | 377.40 Bn | 377.40 Bn | 11.79 Bn | 0.52 |
| 3 | Arista Networks | 249.38 Bn | 198.58 Bn | 2.33 Bn | 0.49 |
| 4 | Dell Technologies | 220.34 Bn | 176.10 Bn | 9.83 Bn | 1.25 |
| 5 | Sony | 166.48 Bn | 103.89 Bn | 7.96 Bn | 0.81 |
| 6 | Sandisk | 127.44 Bn | 112.27 Bn | 9.38 Bn | 1.20 |
| 7 | Seagate Technology Holdings | 121.35 Bn | 116.20 Bn | 2.43 Bn | 1.36 |
| 8 | Western Digital | 110.67 Bn | 100.50 Bn | 2.53 Bn | 1.03 |
| 9 | Hewlett Packard Enterprise | 64.15 Bn | 42.09 Bn | 4.93 Bn | 0.51 |
| 10 | Hesai | 2.25 Bn | -1.27 Bn | 65.36 Mn | 0.31 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.31 |
| Jun 30, 2026 | 0.30 |
| Mar 31, 2026 | 0.28 |
| Dec 31, 2025 | 0.27 |
| Sep 30, 2025 | 0.32 |
| Jun 30, 2025 | 0.41 |
| Mar 31, 2025 | 0.38 |
| Dec 31, 2024 | 0.36 |
| 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 | 0.31 |
API Access
Hesai Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=HSAI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "HSAI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=HSAI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();