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NASDAQ · SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN · LARGE CAP

WeRide Inc. WRD

3 fiscal years on record · CNY · FY2024 reported · SEC filings only
CNY 361.1M
▼ 10.1% YoY
CNY -2.5B
CNY -677.6M

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

WeRide develops and operates autonomous driving products spanning Level 2 to Level 4 automation, used across mobility, logistics and sanitation applications. It has deployed these products and solutions in over 40 cities across 12 countries, including China, Slovakia, the United Arab Emirates, Saudi Arabia, Switzerland, France, Singapore and Japan. As of March 23, 2026, its global autonomous vehicle fleet, spanning robotaxis, robobuses, robovans and robosweepers, totaled 2,113 vehicles. The robotaxi business generates revenue from vehicle sales, recurring operational and technical support fees, and milestone-based service fees. WeRide partners with Yutong and Golden Dragon to produce its robobuses. It partners with JMC-Ford Motors and Ecar Tech to manufacture its robovans. For robosweepers, it partners with Yutong and Ecar Tech to manufacture the vehicles, which it sells to public cleaning service providers along with recurring technical support fees. Its L2+ advanced driver-assistance system, WePilot 3.0, has been adopted by OEMs and Tier-1 suppliers including Chery, GAC and Bosch across multiple vehicle models.

Written from the business description in WeRide Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 23 April 2026. Every sentence was checked against that document before publication.

Growth

CNY 361.1M
Revenue, FY2024 · full 3-year series below
Revenue CNY B Net income CNY B
FY2024 · Revenue 0.4 · Net income -2.5
0.2B0.4B-1.0B-2.0B
202220232024
Compound annual growth
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−697 cents
lost on every revenue dollar
Operating margin Net margin
FY2024 · Operating -605.1% · Net -696.9%
-200%-400%-600%
202220232024
ROE

Not applicable: equity was zero or negative in this period, so return on equity has no meaning.

Three returns, three denominators.
Return on equityNot applicable: equity was zero or negative in this period, so return on equity has no meaning.
Return on capital employedNot applicable: capital employed was zero or negative in this period, so return on capital employed has no meaning.

Cash & shareholders

·
returned in FY2024 · dividends + net buybacks
Free cash flow CNY M
FY2024 · FCF -677.6
-300M-600M
202220232024

Total assetsCNY 7.7B
CashCNY 4.3B
Gross debtCNY 80.1M
Net debtCNY -4.2B
Current ratio13.43×

Net debt stands at -59% of equity.

The 3-year record

3 fiscal years
Every figure from documents filed with the SEC · CNY
row low → row highnegative—not applicable◌not available in our data
WRD, 3-year financial record
Metric 202420232022
Revenue CNY B0.40.40.5
Operating income CNY B−2.2−1.6−0.8
EBITDA CNY B−2.1−1.5−0.7
Income tax CNY B0.00.00.0
Net income CNY B−2.5−1.9−1.3
Free cash flow CNY B−0.7−0.5−0.8
EPS, diluted CNY −8.54−16.86−11.08
Dividend / sh CNY ◌◌◌
Payout % — not applicable: no dividend———
ROE % — not applicable: negative equity———

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 10 reconciliationsAUDITED

Reconciled in 3 of the 3 fiscal years we could check. 32 checks were skipped: the balance sheet is not tagged before 2023. 15 checks were skipped: EPS is not tagged before 2022. 15 checks were skipped: revenue is not tagged before 2022.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityServices-Computer Integrated Systems Design
Listed onNASDAQ
Incorporated inoutside the United States — SEC code E9
Fiscal year endsDecember 31
Data on record since2022

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