WeRide Inc. (WRD) — Financial statements
Income statement, balance sheet, and cash flow for WeRide Inc. — annual and quarterly history with growth and margin analysis.
| Metric (CNY Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 666↑84.4% | 361↓10.1% | 402↓23.8% | 528↑281.8% | 138 | |
| Cost of Revenue | 465↑85.6% | 250↑14.7% | 218↓26.0% | 295↑241.0% | 87 | |
| Gross Profit | 201↑81.7% | 111↓39.7% | 183↓21.1% | 233↑350.1% | 52 | |
| Operating Expenses | ||||||
| R&D Expenses | 1,335↑22.3% | 1,091↑3.1% | 1,058↑39.5% | 759↑71.2% | 443 | |
| General & Administrative Expenses | 0.00↓100.0% | 1,139↑82.1% | 625↑163.6% | 237↑121.5% | 107 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 54↑29.2% | 41↑75.8% | 24↑92.8% | 12 | |
| SG&A Expenses | 668↓44.0% | 1,192↑78.8% | 667↑155.7% | 261↑118.5% | 119 | |
| Other Expenses | 0.00↓100.0% | 12↓50.2% | 24↑421.9% | -8↑26.7% | -10 | |
| Operating Expenses | 2,002↓12.8% | 2,296↑31.2% | 1,750↑72.9% | 1,012↑83.2% | 552 | |
| Total Costs & Expenses | 2,467↓3.1% | 2,546↑29.4% | 1,968↑50.6% | 1,307↑104.6% | 639 | |
| Operating Results | ||||||
| Operating Income | -1,801↑17.6% | -2,185↓39.5% | -1,566↓101.0% | -779↓55.7% | -500 | |
| Depreciation & Amortization | 0.00↓100.0% | 101↑12.9% | 90↑3.5% | 87↑31.5% | 66 | |
| EBITDA | -1,801↑25.2% | -2,407↓29.8% | -1,854↓53.4% | -1,208↓29.1% | -936 | |
| EBIT | -1,801↑28.2% | -2,508↓29.1% | -1,943↓50.1% | -1,295↓29.3% | -1,002 | |
| Interest & Other Income | ||||||
| Net Interest Income | 159↓8.8% | 174↑34.8% | 129↑297.1% | 33↑34.4% | 24 | |
| Interest Income | 168↓5.3% | 177↑34.0% | 132↑265.7% | 36↑21.3% | 30 | |
| Interest Expense | 9↑217.0% | 3↓1.8% | 3↓20.2% | 4↓35.8% | 6 | |
| Non-Operating Income | 0.00↓100.0% | 323↓14.4% | 377↓26.9% | 516↑2.9% | 501 | |
| Other Income / Expenses | 195↑160.0% | -326↑14.3% | -380↑26.8% | -519↓2.5% | -507 | |
| Income Before Tax | -1,606↑36.0% | -2,511↓29.0% | -1,946↓49.9% | -1,298↓28.9% | -1,007 | |
| Income Tax Expense | 4↓32.0% | 6↑104.7% | 3 | 0.00 | 0.00 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -1,610↑36.0% | -2,517↓29.1% | -1,949↓50.1% | -1,298↓28.9% | -1,007 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -1,610↑36.0% | -2,517↓29.1% | -1,949↓50.1% | -1,298↓28.9% | -1,007 | |
| Bottom-Line Net Income | -1,610↑36.0% | -2,517↓27.0% | -1,982↓52.6% | -1,298↓28.9% | -1,007 | |
| EPS (Basic) | -5.25↑42.6% | -9.15↓24.0% | -7.38↓52.8% | -4.83↓28.8% | -3.75 | |
| EPS (Diluted) | -5.25↑42.6% | -9.15↓24.0% | -7.38↓52.8% | -4.83↓28.8% | -3.75 | |
| Weighted Average Shares | 308↑11.9% | 275↑2.7% | 268↑0.0% | 268↓0.5% | 269 | |
| Weighted Average Diluted Shares | 308↑11.9% | 275↑2.7% | 268↑0.0% | 268↓0.5% | 269 | |
* All figures in Millions of CNY, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.