COMP <GO>
RUN vs HSAI // GROSS PROFIT MARGIN
Sunrun Inc. (NASDAQ) VS. Hesai Group (NASDAQ) • 15-METRIC TALLY: RUN 1
— HSAI 8
■ METRIC PARITY
LAST: $8.25 (+10.29%) • MKT CAP: $1.80B
gross-margins
—
LAST: $12.30 (+0.99%) • MKT CAP: $1.91B
gross-margins
41.80%
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (RUN VS. HSAI)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | RUN | HSAI | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin ACTIVE | — | 41.80% | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -3.20% | 1.80% | -5.00 | HSAI | /roic <GO> |
| EV/EBITDA & P/E Valuation | — | 29.8x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | -23.05% | -1.35% | -21.70 | HSAI | /fcf-yield <GO> |
| Operating Margin | -4.30% | 5.60% | -9.90 | HSAI | /operating-margins <GO> |
| Net Profit Margin | 0.00% | 14.40% | -14.40 | HSAI | /net-margins <GO> |
| Revenue Growth (YoY) | 45.10% | 52.10% | -7.00 | HSAI | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 0.20 | 4.21 | -4.01 | HSAI | /balance-sheet <GO> |
| Piotroski F-Score Quality | 4/9 | 7/9 | -3.00 | HSAI | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 45.8 | 38.8 | +7.00 | RUN | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | — | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | — | 27.5x | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $1.80B | $1.91B | -$112.5M | HSAI | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | RUN REV | HSAI REV | RUN GROSS % | HSAI GROSS % | RUN FCF | HSAI FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $2.96B | $432.9M | — | 41.8% | -$421.4M | -$27.5M |
| FY 2024 | $2.04B | $284.6M | — | 42.6% | -$767.7M | -$26.9M |
| FY 2023 | $2.26B | $264.4M | — | — | -$820.7M | $8.1M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
RUN // BETA —
HSAI // BETA —