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WeRide
(NASDAQ:WRD)
WeRide (WRD) vs. SPDR S&P 500 ETF (SPY)
WeRide Business Overview & Revenue Model
WeRide Earnings Call Summary
WeRide Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2017 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 882.60M | 361.13M | 401.84M | 527.54M | 138.17M | 427.19M |
| Gross Profit | 745.60M | 110.72M | 183.48M | 232.54M | 51.66M | 375.52M |
| EBITDA | 662.23M | -2.41B | -1.85B | -1.21B | -935.86M | 273.79M |
| Net Income | -104.28M | -2.52B | -1.95B | -1.30B | -1.01B | 49.88M |
Balance Sheet | ||||||
| Total Assets | 3.06B | 7.69B | 5.61B | 5.39B | 3.31B | 2.78B |
| Cash, Cash Equivalents and Short-Term Investments | 1.75M | 6.57B | 4.53B | 4.51B | 2.78B | 226.00K |
| Total Debt | 1.09B | 143.02M | 53.41M | 67.87M | 93.83M | 770.60M |
| Total Liabilities | 2.04B | 627.75M | 8.67B | 7.47B | 4.27B | 1.63B |
| Stockholders Equity | 1.03B | 7.07B | -3.05B | -2.08B | -966.11M | 1.15B |
Cash Flow | ||||||
| Free Cash Flow | -619.71M | -679.10M | -511.84M | -753.07M | -532.30M | -990.38M |
| Operating Cash Flow | 581.55M | -593.60M | -474.89M | -670.38M | -506.67M | 277.37M |
| Investing Cash Flow | -1.01B | 325.50M | -546.94M | -2.20B | 460.90M | -1.27B |
| Financing Cash Flow | 421.03M | 2.82B | 446.95M | 2.18B | 2.60B | 986.60M |
WeRide Technical Analysis
WeRide Risk Analysis
WeRide Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
55 Neutral | $7.72B | ― | -37.27% | ― | ― | 5.46% | |
47 Neutral | $244.95M | ― | -71.46% | ― | 46.09% | 46.01% | |
45 Neutral | $1.32B | ― | -42.03% | ― | 30.20% | 35.80% | |
44 Neutral | $9.59B | ― | -2.80% | ― | 7.61% | 88.66% | |
41 Neutral | $3.11B | ― | ― | ― | ― | ― | |
41 Neutral | $63.75M | ― | ― | ― | 0.97% | 61.79% |
WeRide Corporate Events
On November 3, 2025, WeRide Inc. announced the pricing of its global offering of 88,250,000 Class A ordinary shares, with a set price of HK$27.10 per share. The offering includes an international and a Hong Kong public offering, with trading expected to commence on November 6, 2025, on the Hong Kong Stock Exchange. The company aims to use the proceeds to enhance its autonomous driving technology, expand its business, and support marketing efforts. This move is expected to strengthen WeRide’s market position and accelerate its growth in the autonomous driving sector.
On November 3, 2025, WeRide Inc. announced its application for a dual primary listing on the Hong Kong Stock Exchange, alongside a Hong Kong initial public offering and a global offering of its Class A ordinary shares. This move is part of WeRide’s strategy to expand its market presence and enhance its financial standing. The company is in a rapidly evolving industry, facing challenges such as market acceptance, regulatory hurdles, and the need to maintain technological advancements. The listing aims to provide WeRide with the capital needed to support its growth and address these challenges, potentially impacting its operations and positioning in the autonomous driving market.
On October 31, 2025, WeRide Inc. announced it has received a federal level license from the UAE government to conduct fully driverless robotaxi commercial operations. This milestone marks the first city-level driverless robotaxi commercial operation outside the United States, allowing WeRide to operate its robotaxis without an on-board safety driver in the UAE. The company initially launched its robotaxi service in Abu Dhabi in December 2024 and expanded its coverage in July 2025 to include about half of Abu Dhabi’s core areas. Currently, WeRide operates over 100 robotaxis in the Middle East, highlighting its growing influence in the region’s autonomous vehicle market.
On October 28, 2025, WeRide Inc. announced that its CEO, Dr. Tony Han, has committed to a three-year lock-up of his shares, reinforcing his long-term commitment to the company as it launches its Hong Kong Initial Public Offering (IPO). The IPO, which involves issuing 88,250,000 shares, is set to list on the Hong Kong Stock Exchange on November 6, 2025. Strategic investors such as Uber, Grab, and Bosch are participating as anchor investors, indicating strong support and collaboration for WeRide’s autonomous vehicle commercialization. The company reported a significant revenue increase in Q2 2025, with total revenue growing 60.8% year-over-year, driven by a substantial rise in Robotaxi revenue.
On October 27, 2025, WeRide and Uber announced the launch of autonomous Robotaxi passenger rides in Riyadh, Saudi Arabia, marking the first time autonomous vehicles are available on the Uber platform in the country. This initiative aligns with Saudi Arabia’s Vision 2030 to promote smart and sustainable mobility and represents a significant milestone in Uber’s partnership with the Transport General Authority. Initially, each Robotaxi will include a vehicle operator to ensure safety, with plans to transition to fully driverless operations in the future. This launch follows WeRide’s previous achievements, including being the first AV technology company to complete Saudi Arabia’s Regulatory Sandbox for AV Piloting and the public launch of WeRide on the Uber platform in Abu Dhabi at the end of 2024.
WeRide Inc. has filed for a dual primary listing on the Hong Kong Stock Exchange, marking a significant step in its global expansion strategy. The company has recently expanded its international presence, integrating autonomous robotaxis in Dubai and securing autonomous driving permits in several countries, including Saudi Arabia and Belgium. WeRide has also announced strategic partnerships with Uber and Grab, alongside a $100 million equity investment from Uber. Despite these advancements, WeRide anticipates a net loss for 2025 due to increased research and development and selling expenses as it continues to expand its operations.
WeRide Inc. reported its unaudited financial results for the six months ending June 30, 2025, showing a significant increase in total revenue from RMB 150,298,000 in 2024 to RMB 199,615,000 in 2025. Despite the revenue growth, the company faced a substantial operating loss of RMB 890,077,000, up from RMB 698,983,000 in the previous year, primarily due to increased research and development expenses. This financial performance highlights the company’s ongoing investment in technology development, which may impact its short-term profitability but is crucial for maintaining its competitive edge in the autonomous driving sector.
WeRide Inc., a company involved in autonomous driving technology, announced that the China Securities Regulatory Commission has issued a notice of filing for the company’s proposed global offering and dual primary listing of its Class A ordinary shares on The Stock Exchange of Hong Kong Limited. As of October 14, 2025, WeRide has 938,366,330 ordinary shares outstanding, and the announcement marks a significant step in its efforts to expand its market presence. However, there is no assurance regarding the completion of the proposed offering or listing.
WeRide announced on September 19, 2025, that its Robobus has received Belgium’s first federal test permit for a Level 4 autonomous shuttle, marking a significant milestone in the company’s expansion across Europe. This permit allows WeRide to conduct public road testing in Leuven, Belgium, in partnership with local authorities and transport operators. The testing is expected to lead to Belgium’s first commercial deployment of autonomous vehicles in mixed traffic, enhancing WeRide’s industry positioning as a leader in autonomous driving technology.
WeRide has announced its expansion into Belgium with the launch of its Robobus in Leuven, marking its 11th global market. The initiative, in collaboration with De Lijn and other partners, aims to integrate autonomous vehicles into Leuven’s transit network, with public road testing starting in mid-September 2025. The pilot project, expected to begin in mid-November and run through January 2026, is set to be Belgium’s first commercial deployment of autonomous vehicles in mixed traffic. This move is part of WeRide’s strategic growth in Europe, highlighting Belgium’s role as a mobility-focused innovation hub. The project aims to improve urban mobility and connectivity while preparing for fully driverless operations in the future.