Hesai (HSAI) Return on Capital Employed [ROCE] (2023 - 2026)
Hesai (HSAI) posted Return on Capital Employed [ROCE] of 2.02% for the quarter ended Mar 31, 2026, up 4.16 percentage points from -2.14% a year earlier and up 0.17 percentage points from the prior quarter.
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Analysis
Hesai (HSAI) Return on Capital Employed [ROCE] (2023 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Hesai's Return on Capital Employed [ROCE] came in at 2.56%, up 7.35 percentage points from the prior year.
- Annual Return on Capital Employed [ROCE] shows a three-year change of +14.85 percentage points (years ended Dec 2022 to Dec 2025).
- In prior years, Hesai's Return on Capital Employed [ROCE] was -4.79% in the year ended Dec 31, 2024 (+11.67 pp), -16.46% in the year ended Dec 31, 2023 (-4.17 pp) and -12.29% in the year ended Dec 31, 2022.
- Quarterly Return on Capital Employed [ROCE] has run from a low of -14.31% in the quarter ended Dec 31, 2023 to a high of 2.47% in the quarter ended Sep 30, 2025 over five years.
- On a year-over-year basis, Return on Capital Employed [ROCE] has increased in each of the last seven quarters, with an average year-over-year change of +7.46 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Capital Employed [ROCE] in the past five years was the quarter ended Jun 30, 2025, with a gain of 13.75 percentage points; the weakest was the quarter ended Jun 30, 2024, with a drop of 1.72 percentage points.
- According to Business Quant data, Return on Capital Employed [ROCE] for the three prior quarters was 1.85% (quarter ended Dec 31, 2025), 2.47% (quarter ended Sep 30, 2025) and 0.35% (quarter ended Jun 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,874.86 Bn | 4,622.35 Bn | 54.77 Bn | 67.97% |
| 2 | Cisco Systems | 442.74 Bn | 378.67 Bn | 11.06 Bn | 17.86% |
| 3 | Dell Technologies | 360.03 Bn | 315.78 Bn | 9.83 Bn | 38.06% |
| 4 | Arista Networks | 261.51 Bn | 214.96 Bn | 1.91 Bn | 28.65% |
| 5 | Sandisk | 251.12 Bn | 239.64 Bn | 7.58 Bn | 87.19% |
| 6 | Seagate Technology Holdings | 192.54 Bn | 187.54 Bn | 1.90 Bn | 64.93% |
| 7 | Western Digital | 149.92 Bn | 138.05 Bn | 2.03 Bn | 43.60% |
| 8 | Sony | 146.49 Bn | 96.88 Bn | 6.53 Bn | 14.81% |
| 9 | Lumentum Holdings | 96.17 Bn | 87.98 Bn | 477.30 Mn | 11.20% |
| 10 | Hesai | 2.40 Bn | -1.10 Bn | 50.88 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 2.02% |
| Dec 31, 2025 | 1.85% |
| Sep 30, 2025 | 2.47% |
| Jun 30, 2025 | 0.35% |
| Mar 31, 2025 | -2.14% |
| Dec 31, 2024 | -4.91% |
| Sep 30, 2024 | -11.26% |
| Jun 30, 2024 | -13.40% |
| Mar 31, 2024 | -13.54% |
| Dec 31, 2023 | -14.31% |
| Sep 30, 2023 | -13.47% |
| Jun 30, 2023 | -11.68% |
| Mar 31, 2023 | -13.43% |
API Access
Hesai Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=HSAI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=HSAI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();