WeRide Inc. (WRD)
WeRide Inc. is dedicated to pioneering and refining an autonomous driving technology platform. The company delivers a range of intelligent mobility solutions, including self-driving taxis (Robotaxi), buses (Robobus), delivery vans (Robovan), and street sweepers (Robosweeper), along with other sophisticated driving systems. These offerings are aimed at enhancing services in sectors like digital ride-hailing, flexible transport, urban supply chains, and public cleanliness. Founded in February 2017 by Xu Han and Yan Li, WeRide Inc. is headquartered in Guangzhou, China.
Sector: Services-Computer Integrated Systems Design
Industry: Software - Application
WeRide Inc.
NASDAQ:WRDTechnology · Software - Infrastructure
PrePre-market-1.79%$4.38
Close$4.46-2.24%AH$4.36+0.46%Now$4.38
Close$4.46+10.40%AH$4.36+0.46%since
Mkt Cap$1.47B
Float288.1M
O/S328.96M
PM VOL7K sh
$ Vol≈$30K
RVOL0.24×
Inst Own24.5%
SI6.8%
Dilution
Financials Summary
Revenue$102.62M
Net Income-$248.06M
Total Assets$1.34B
Free Cash Flow-$235.36M
Debt & Equity
Debt 5%
Equity 95%
Total Debt$56.91M
Total Equity$1.18B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in WRD's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$1.34B
Liabilities$155.35M
Accounts Receivable$74.16M
Accounts Payable$24.45M
Inventory$48.15M
PP&E (Net)$66.69M
Goodwill$6.71M
Intangible Assets$2.69M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Revenue | $102.62M | $54.13M | $60.23M | $79.08M | $20.71M | $2.73M |
| YoY Growth | 89.6% | -10.1% | -23.8% | 281.8% | 659.6% | - |
| Cost of Revenue | $71.62M | $37.54M | $32.73M | $44.22M | $12.97M | $707K |
| Gross Profit | $31M | $16.6M | $27.5M | $34.86M | $7.74M | $2.02M |
| Gross Margin | 30.2% | 30.7% | 45.7% | 44.1% | 37.4% | 74.1% |
| Research and Development | $205.69M | $163.59M | $158.65M | $113.71M | $66.43M | $49.97M |
| Selling, General, and Administrative | $100.38M | $178.73M | $99.95M | $39.09M | $17.89M | $23.71M |
| Other | -$1.88M | $1.82M | $3.67M | -$1.14M | -$1.55M | -$2.11M |
| Total Operating Expenses | $304.19M | $344.15M | $262.27M | $151.66M | $82.77M | $71.56M |
| Operating Income (EBIT) | -$273.19M | -$327.55M | -$234.77M | -$116.8M | -$75.02M | -$69.54M |
| Operating Margin | -266.2% | -605.1% | -389.8% | -147.7% | -362.2% | -2550.5% |
| Interest Expense | $1.04M | $420K | $428K | $536K | $835K | $932K |
| Interest Income | $25.83M | $26.52M | $19.79M | $5.41M | $4.46M | $194K |
| Other Income (Expense) | $25.74M | -$48.83M | -$56.97M | -$77.84M | -$75.96M | -$34.62M |
| Income Before Tax (EBT) | -$247.45M | -$376.38M | -$291.73M | -$194.64M | -$150.98M | -$104.16M |
| Income Tax Expense | $615K | $880K | $430K | $0 | $0 | $0 |
| Net Income | -$248.06M | -$377.26M | -$292.16M | -$194.64M | -$150.98M | -$104.16M |
| Net Income Margin | -241.7% | -696.9% | -485.0% | -246.1% | -729.0% | -3820.2% |
| Supplementary Data | ||||||
| EPS | -5.25 | -9.15 | -7.38 | -4.83 | -3.75 | -2.55 |
| Diluted EPS | -5.25 | -9.15 | -7.38 | -4.83 | -3.75 | -2.55 |
| Weighted Average OS | 308.19M | 275.40M | 268.04M | 268.04M | 269.42M | 271.38M |
| EBITDA | -$221.43M | -$360.8M | -$277.87M | -$181.13M | -$140.28M | -$94.48M |
| EBITDA Margin | -215.8% | -666.5% | -461.3% | -229.1% | -677.3% | -3465.2% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Assets | |||||
| Current Assets | |||||
| Cash and Cash Equivalents | $1B | $639.8M | $249M | $334.82M | $408.52M |
| Short-Term Investments | $66.84M | $345.55M | $429.8M | $341.14M | $8.07M |
| Cash and Short-Term Investments | $1.07B | $985.36M | $678.8M | $675.96M | $416.59M |
| Accounts Receivable | $74.16M | $65.56M | $84.42M | $58.64M | $13.52M |
| Inventory | $48.15M | $30.68M | $32.71M | $23.38M | $17.17M |
| Other Current Assets | $40.5M | $722K | $1.53M | $209K | $451K |
| Total Current Assets | $1.23B | $1.09B | $804.94M | $760.49M | $452.63M |
| Long-Term Assets | |||||
| Property, Plant & Equipment Net | $66.69M | $40.65M | $25.64M | $30.15M | $29.03M |
| Goodwill | $6.71M | $6.71M | $6.71M | $6.71M | $6.71M |
| Intangible Assets | $2.69M | $3.25M | $3.69M | $4.29M | $4.65M |
| Long-Term Investments | $29.18M | $8.53M | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $149K | $299K | $448K | $598K |
| Other Long-Term Assets | $3.55M | $1.53M | $274K | $5.16M | $2.04M |
| Total Long-Term Assets | $108.83M | $60.82M | $36.61M | $46.76M | $43.02M |
| Other Assets | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $1.34B | $1.15B | $841.55M | $807.25M | $495.65M |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | $24.45M | $3.1M | $2.54M | $1.72M | $2.39M |
| Short-Term Debt | $53.42M | $4.5M | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $13.72M | $1.16M | $453K | $349K |
| Current Unearned Revenue | $4.28M | $28.33M | $28.32M | $21.48M | $572K |
| Other Current Liabilities | $68.04M | $6.16M | $1.23B | $10.81M | $11.15M |
| Total Current Liabilities | $150.19M | $81.32M | $1.29B | $54.24M | $35.13M |
| Long-Term Liabilities | |||||
| Long-Term Debt | $0 | $7.5M | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $701K | $978K | $891K | $20.95M |
| Long-Term Deferred Tax Liabilities | $523K | $672K | $822K | $971K | $1.12M |
| Other Long-Term Liabilities | $1.16M | $0 | $1.23B | $1.06B | $574.07M |
| Total Long-Term Liabilities | $5.17M | $12.78M | $1.24B | $1.07B | $605.34M |
| Other Liabilities | $1 | $0 | -$1.23B | $0 | $0 |
| Total Liabilities | $155.35M | $94.1M | $1.3B | $1.12B | $640.46M |
| Stockholders' Equity | |||||
| Preferred Stock | $0 | $0 | $2K | $2K | $2K |
| Common Stock | $0 | $9K | $1K | $1K | $1K |
| Retained Earnings | $0 | -$1.29B | -$916.55M | -$619.47M | -$424.83M |
| Comprehensive Income & Other | $0 | $123.3M | $116.87M | $111.21M | $125.91M |
| Other Stockholders' Equity | $1.18B | $2.35B | $459.07M | $307.37M | $280.19M |
| Total Equity | $1.18B | $1.06B | -$457.47M | -$312.1M | -$144.65M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $1.34B | $1.15B | $841.55M | $807.25M | $495.82M |
| Supplementary Data | |||||
| Total Debt | $56.91M | $21.44M | $8.01M | $10.17M | $14.07M |
| Net Debt | -$944.91M | -$618.36M | -$240.99M | -$324.65M | -$394.49M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Operating Activities | ||||||
| Net Income | -$248.06M | -$377.26M | -$292.16M | -$194.64M | -$150.98M | -$104.16M |
| Depreciation & Amortization | $24.98M | $15.16M | $13.43M | $12.97M | $9.87M | $8.75M |
| Deferred Income Tax | $615K | $880K | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $67.45M | $178.06M | $139.67M | $48.78M | $8.39M | $19.48M |
| Changes in Working Capital: | ||||||
| Accounts Receivable | -$33.61M | $6.48M | -$7.85M | -$46.3M | -$3.37M | -$1.16M |
| Inventory | -$31.12M | -$9.33M | -$10.28M | -$6.21M | -$13.84M | -$2.73M |
| Accounts Payable | $21.34M | $560K | $943K | -$672K | -$433K | $1.02M |
| Other Working Capital | $2.05M | $3.41M | $857K | -$1.34M | -$5.26M | $11.51M |
| Total Working Capital Change | -$41.35M | $1.12M | -$16.32M | -$54.53M | -$22.91M | $8.64M |
| Other Non-Cash Items | -$1.76M | $93.07M | $84.2M | $86.92M | $79.69M | $35.25M |
| Net Cash from Operating | -$198.12M | -$88.98M | -$71.18M | -$100.49M | -$75.95M | -$32.05M |
| Investing Activities | ||||||
| Capital Expenditures | -$37.11M | -$12.59M | -$5.49M | -$12.4M | -$3.84M | -$505K |
| Acquisitions | $0 | $0 | $0 | $0 | -$10.41M | $0 |
| Purchases of Investments | -$218.03M | -$759.16M | -$731.59M | -$528.99M | -$118.46M | -$181.04M |
| Sales of Investments | $477.99M | $821.67M | $656.49M | $210.93M | $201.61M | $105.06M |
| Other Investing Activities | $2.88M | -$1.13M | -$1.39M | $325K | $188K | $126K |
| Net Cash from Investing | $225.73M | $48.79M | -$81.98M | -$330.13M | $69.09M | -$76.36M |
| Financing Activities | ||||||
| Debt Repaid | -$29.6M | -$5.25M | $5.72M | $5.16M | $16.91M | -$7.86M |
| Common Stock Issuance | $325.14M | $475.29M | $79.11M | $326.24M | $9.75M | $0 |
| Common Stock Repurchases | $0 | $0 | -$5.86M | -$9.13M | -$27.17M | -$8.43M |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$10.51M | -$60.15M | -$536K | $16.1M | $17.99M | $13.08M |
| Net Cash from Financing | $344.23M | $423.29M | $67M | $327.46M | $390.19M | $110.47M |
| Forex Effect | -$12.38M | $7.7M | $351K | $29.43M | -$6.65M | -$1.55M |
| Net Change in Cash | $359.45M | $390.8M | -$85.82M | -$73.73M | $376.68M | $504K |
| Supplementary Data | ||||||
| Operating Cash Flow | -$198.12M | -$88.98M | -$71.18M | -$100.49M | -$75.95M | -$32.05M |
| Capital Expenditure | -$37.24M | -$12.82M | -$5.54M | -$12.4M | -$3.84M | -$505K |
| Free Cash Flow | -$235.36M | -$101.79M | -$76.72M | -$112.88M | -$79.79M | -$32.56M |
| Cash at Beginning | $639.8M | $249M | $334.82M | $408.55M | $31.87M | $31.37M |
| Cash at End | $999.25M | $639.8M | $249M | $334.82M | $408.55M | $31.87M |