Is Hesai Group (HSAI) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 19.3% / 30% | 83.6% / 30% | 21.7% / 30% | 5.03% / 5% | ✗ NOT HALAL |
| DJIM | 19.3% / 33% | 83.6% / 33% | 21.7% / 33% | 5.03% / 5% | ✗ NOT HALAL |
| MSCI | 12.3% / 33% | 53.4% / 33% | 13.9% / 33% | 5.03% / 5% | ✗ NOT HALAL |
| S&P | 19.3% / 33% | 83.6% / 33% | 21.7% / 33% | 5.03% / 5% | ✗ NOT HALAL |
| FTSE | 12.3% / 33% | 53.4% / 33% | 13.9% / 50% | 5.03% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 41.8% | |
| Operating Margin | 10.2% | |
| Net Margin | 14.4% | |
| Return on Equity (ROE) | 6.8% | |
| Return on Assets (ROA) | 1.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $64M |
| Free Cash Flow | -$208M |
| Total Debt | $739M |
| Debt-to-Equity | 9.1 |
| Current Ratio | 3.7 |
| Total Assets | $6.0B |
Price & Trading
| Last Close | $19.39 |
| 50-Day MA | $25.28 |
| 200-Day MA | $23.64 |
| Avg Volume | 2.0M |
| Beta | 1.1 |
|
52-Week Range
$10.41
| |
About Hesai Group (HSAI)
Hesai Group, through with its subsidiaries, engages in the development, manufacture, and sale of three-dimensional light detection and ranging solutions (LiDAR) in Mainland China, Europe, North America, and internationally. The company offers gas detection products, validation services, solution service, and other services, as well as designs and develops engineering products. Its LiDAR products are used in passenger and commercial vehicles with advanced driver assistance systems; autonomous vehicle fleets providing passenger and freight mobility services; and other applications, such as last-mile delivery robots, street sweeping robots, and logistics robots in restricted areas. Hesai Group was founded in 2014 and is headquartered in Shanghai, China.
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Frequently Asked Questions
Is Hesai Group (HSAI) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Hesai Group is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Hesai Group's debt ratio?
Hesai Group's debt ratio is 19.3% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 12.3%.
What are Hesai Group's key financial metrics?
Hesai Group has a market capitalization of $2.9B, trailing P/E ratio of 42.9, and revenue of $2.1B. The company maintains a gross margin of 41.8% and a net margin of 14.4%. Return on equity stands at 6.8%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.