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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 |
|---|---|---|---|---|---|---|---|
75 Outperform | $2.15B | 22.90 | 13.86% | ― | 13.02% | -2.57% | |
70 Outperform | $3.62B | 30.62 | ― | ― | 13.29% | 79.98% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
56 Neutral | $2.20B | ― | ― | ― | 13.67% | 84.35% | |
55 Neutral | $2.09B | ― | -6.51% | ― | 17.47% | -544.72% | |
52 Neutral | $2.21B | ― | -62.92% | ― | 26.24% | -94.81% | |
44 Neutral | $2.90B | ― | ― | ― | ― | ― |
WeRide Corporate Events
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.
On August 21, 2025, WeRide announced the launch of WePilot AiDrive, a one-stage end-to-end Advanced Driver Assistance System (ADAS) developed in collaboration with Bosch. This system integrates sensing and decision-making processes, allowing vehicles to respond more quickly and efficiently. With mass production and vehicle deployment expected later in 2025, WePilot AiDrive is designed to handle complex driving scenarios and improve safety and efficiency, potentially redefining the driving experience.
On August 15, 2025, WeRide announced a strategic equity investment from Grab, Southeast Asia’s leading superapp, to accelerate the deployment of Level 4 Robotaxis and shuttles in Southeast Asia. This partnership aims to integrate WeRide’s autonomous vehicles into Grab’s network, enhancing service and safety levels. The collaboration will focus on optimizing dispatch and routing, maximizing vehicle uptime, and training Grab driver-partners for future roles in the AV industry. This move is expected to bolster WeRide’s market presence in Southeast Asia and support its growth strategy.
WeRide Inc. announced its unaudited financial results for Q2 2025, revealing a significant 60.8% year-over-year revenue growth, driven by an 836.7% increase in robotaxi revenue. The company launched its High-performance Computing 3.0 Platform, reducing costs and enhancing scalability, and expanded its global operations with new robotaxi services in Saudi Arabia and Shanghai, marking a pivotal moment in its global expansion strategy.
On July 28, 2025, WeRide Inc. announced that its Robotaxi has secured Saudi Arabia’s first autonomous driving permit, making it the only technology company with such permits in six countries. This milestone allows WeRide to operate and deploy Robotaxis nationwide in Saudi Arabia, starting with pilot operations in Riyadh in collaboration with Uber and local partner Ai Driver. The permit, granted after rigorous testing and assessments, marks a significant step in WeRide’s global expansion, enabling large-scale deployment and new revenue streams in Saudi Arabia. WeRide has also been testing its Robobus and Robosweeper S1 in key locations in Saudi Arabia, further expanding its presence in the Middle East.
WeRide Inc. has launched Saudi Arabia’s first Robotaxi pilot service in Riyadh, marking a significant milestone in its expansion into the Middle Eastern market. This pilot, conducted under the oversight of the Transport General Authority, involves the deployment of autonomous vehicles on public roads, integrated with the Uber platform. This initiative aligns with Saudi Arabia’s Vision 2030, aiming to enhance mobility solutions and demonstrates WeRide’s technical prowess and strategic execution in new markets. The launch follows WeRide’s announcement in May 2025 of its entry into Saudi Arabia, where it also deployed Robobus and Robosweeper services, further establishing its footprint in the region.
On July 22, 2025, WeRide Inc. announced its continued global expansion and commercialization of autonomous driving technologies. The company highlighted its achievements in operating one of the largest autonomous vehicle fleets globally and its strategic partnerships that facilitate rapid expansion into new markets. WeRide’s focus on sustainable business growth and large-scale commercial operations positions it as a pioneer in the autonomous driving sector, with ongoing trials and commercial operations across various countries.