HSAI vs. ATAT
HSAI (Hesai Group American Depositary Share each ADS represents one Class B ordinary share) and ATAT (Atour Lifestyle Holdings Limited) are both stocks. Both are in the Consumer Cyclical sector — HSAI in Auto Parts, ATAT in Lodging. Over the past 3 years, HSAI returned 16.79%/yr vs 30.68%/yr for ATAT. At a 0.23 correlation, their price movements are largely independent.
Performance
HSAI vs. ATAT - Performance Comparison
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Returns By Period
In the year-to-date period, HSAI achieves a -29.02% return, which is significantly lower than ATAT's -15.43% return.
HSAI
- 1D
- -2.69%
- 1M
- -22.93%
- YTD
- -29.02%
- 6M
- -29.58%
- 1Y
- -12.73%
- 3Y*
- 16.79%
- 5Y*
- —
- 10Y*
- —
ATAT
- 1D
- 3.08%
- 1M
- -1.54%
- YTD
- -15.43%
- 6M
- -21.92%
- 1Y
- 8.01%
- 3Y*
- 30.68%
- 5Y*
- —
- 10Y*
- —
HSAI vs. ATAT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
HSAI Hesai Group American Depositary Share each ADS represents one Class B ordinary share | -29.02% | 62.08% | 55.11% | -62.48% |
ATAT Atour Lifestyle Holdings Limited | -15.43% | 49.78% | 58.43% | -32.92% |
Correlation
The correlation between HSAI and ATAT is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Feb 9, 2023 | 0.23 |
Fundamentals
HSAI:
$2.59B
ATAT:
$4.54B
HSAI:
CN¥3.08
ATAT:
CN¥13.15
HSAI:
34.97
ATAT:
16.88
HSAI:
5.18
ATAT:
2.91
HSAI:
1.97
ATAT:
8.36
HSAI:
CN¥3.16B
ATAT:
CN¥10.65B
HSAI:
CN¥1.30B
ATAT:
CN¥4.63B
HSAI:
CN¥149.83M
ATAT:
CN¥2.46B
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Return for Risk
HSAI vs. ATAT — Risk / Return Rank
HSAI
ATAT
HSAI vs. ATAT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hesai Group American Depositary Share each ADS represents one Class B ordinary share (HSAI) and Atour Lifestyle Holdings Limited (ATAT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| HSAI | ATAT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.38 | ||
| Sortino ratioReturn per unit of downside risk | -0.30 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.07 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | -0.26 | 0.33 | -0.58 |
| Martin ratioReturn relative to average drawdown | -0.57 | 0.75 | -1.32 |
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Drawdowns
HSAI vs. ATAT - Drawdown Comparison
The maximum HSAI drawdown since its inception was -85.05%, which is greater than ATAT's maximum drawdown of -46.91%. Use the drawdown chart below to compare losses from any high point for HSAI and ATAT.
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Drawdown Indicators
| HSAI | ATAT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.05% | -46.91% | -38.14% |
Max Drawdown (1Y)Largest decline over 1 year | -49.56% | -24.64% | -24.92% |
Max Drawdown (3Y)Largest decline over 3 years | -73.37% | -30.96% | -42.41% |
Current DrawdownCurrent decline from peak | -46.64% | -22.32% | -24.32% |
Average DrawdownAverage peak-to-trough decline | -46.54% | -20.09% | -26.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.55% | 10.65% | +11.90% |
Volatility
HSAI vs. ATAT - Volatility Comparison
Hesai Group American Depositary Share each ADS represents one Class B ordinary share (HSAI) has a higher volatility of 20.75% compared to Atour Lifestyle Holdings Limited (ATAT) at 10.56%. This indicates that HSAI's price experiences larger fluctuations and is considered to be riskier than ATAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HSAI | ATAT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.75% | 10.56% | +10.19% |
Volatility (6M)Calculated over the trailing 6-month period | 48.86% | 28.55% | +20.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 75.56% | 37.97% | +37.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 97.94% | 58.82% | +39.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 97.94% | 58.82% | +39.12% |
Dividends
HSAI vs. ATAT - Dividend Comparison
HSAI has not paid dividends to shareholders, while ATAT's dividend yield for the trailing twelve months is around 2.74%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
ATAT Atour Lifestyle Holdings Limited | 2.74% | 1.98% | 1.67% | 0.86% |
HSAI Hesai Group American Depositary Share each ADS represents one Class B ordinary share | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
HSAI vs. ATAT - Financials Comparison
This section allows you to compare key financial metrics between Hesai Group American Depositary Share each ADS represents one Class B ordinary share and Atour Lifestyle Holdings Limited. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
HSAI vs. ATAT - Profitability Comparison
HSAI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Hesai Group American Depositary Share each ADS represents one Class B ordinary share reported a gross profit of 264.41M and revenue of 676.44M. Therefore, the gross margin over that period was 39.1%.
ATAT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Atour Lifestyle Holdings Limited reported a gross profit of 1.16B and revenue of 2.79B. Therefore, the gross margin over that period was 41.4%.
HSAI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Hesai Group American Depositary Share each ADS represents one Class B ordinary share reported an operating income of -32.73M and revenue of 676.44M, resulting in an operating margin of -4.8%.
ATAT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Atour Lifestyle Holdings Limited reported an operating income of 568.24M and revenue of 2.79B, resulting in an operating margin of 20.3%.
HSAI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Hesai Group American Depositary Share each ADS represents one Class B ordinary share reported a net income of 18.20M and revenue of 676.44M, resulting in a net margin of 2.7%.
ATAT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Atour Lifestyle Holdings Limited reported a net income of 460.55M and revenue of 2.79B, resulting in a net margin of 16.5%.
Frequently Asked Questions
HSAI and ATAT have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HSAI has higher volatility (20.75%) compared to ATAT (10.56%). In terms of maximum drawdown, HSAI dropped -85.05% vs ATAT's -46.91%.
ATAT currently has the higher Sharpe Ratio (0.21 vs -0.17), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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