WeRide Inc.

NasdaqGM:WRD Stock Report

Market Cap: US$2.1b

WeRide Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Tony Han

Chief executive officer

CN¥93.1m

Total compensation

CEO salary percentage5.19%
CEO tenure8.5yrs
CEO ownership4.2%
Management average tenure3.4yrs
Board average tenure1.8yrs

Recent management updates

Recent updates

Narrative Update • Jul 10

WRD: Robotaxi Expansion And Fleet Guidance Will Support Multi Year Outlook

The WeRide analyst price target has been adjusted modestly higher to $11.80, with analysts pointing to updated multi year sales forecasts and refreshed fleet guidance as key supports for the new valuation view. Analyst Commentary Recent research on WeRide centers on updated multi year sales assumptions and the latest fleet guidance.
Narrative Update • Jun 26

WRD: Global Robotaxi Expansion Will Drive Future Upside Potential

The analyst price target for WeRide has increased from $11.50 to $11.80, as analysts incorporate Q1 results and updated fleet guidance into modestly revised sales expectations for 2026 through 2028. Analyst Commentary Recent research on WeRide points to a generally constructive stance, but with clear flags around how the company executes on its growth plans and how much investors may be willing to pay for that growth.
Seeking Alpha • Jun 05

WeRide: Focus On Geographical Diversification And Regulatory Developments

Summary WeRide Inc. remains a Buy; I remain positive on the profitability upside relating to international expansion and see risks regarding China's suspension of new autonomous vehicle approvals as overblown. WRD’s non-China operations achieved a 50% gross profit margin in 2025, or 20 percentage points above the group average, supporting aggressive overseas growth plans. Regulatory headwinds in China are likely temporary; WRD's existing domestic robotaxi fleets are still up and running, and management expects permit issuance to resume within two months. Read the full article on Seeking Alpha
Seeking Alpha • Apr 11

WeRide And The Explosive Growth Of The RoboTaxi Industry

Summary The RoboTaxi market is poised for extraordinary growth, with forecasts predicting a $10 trillion market by 2030, making it a potential millionaire-maker industry. WeRide, one of the two pure-play RoboTaxi companies, has significant technological advancements and partnerships but faces high risks and substantial funding needs. Despite WeRide's progress and partnerships, including a deal with Uber in Abu Dhabi, the company has minimal sales and high operating expenses, delaying profitability. I am cautious about investing in WeRide now due to its financial uncertainties and regulatory challenges, but I will continue to monitor the company and the industry. Read the full article on Seeking Alpha
Seeking Alpha • Feb 14

Nvidia's Investment In WeRide Is A Big Nothingburger

Summary WeRide Inc.'s stock surged as much as 144.6% after Nvidia Corporation took a stake, but long-term investors should exercise caution due to WRD's financial instability and potential future dilution. Despite WeRide's impressive technological advancements and market potential, it generates minimal revenue and significant net losses, making it a risky investment at its current valuation. Nvidia's small stake in WeRide doesn't imply a major strategic partnership or acquisition, as evidenced by NVIDIA's history of exciting small tech investments. WeRide's high enterprise value and negative cash flow highlight the risk, leading to a 'sell' rating despite its promising operational progress and market potential. Read the full article on Seeking Alpha
Seeking Alpha • Nov 19

WeRide: Big Addressable Market, But Valuation Looks Stretched

Summary Initiating coverage on WeRide with a "Hold" rating due to stretched valuation; recommend waiting for a better entry point in the next 6-12 months. WeRide has a significant technological edge in autonomous driving, with a broad use case and early-mover advantage in a nascent industry. Despite a bullish industry outlook, WeRide's revenue has been volatile, and significant R&D investments imply continued cash burn and potential equity dilution. Valuation is stretched with a market cap of $4.8 billion and revenue of $55.3 million in 2023; expect a correction before considering exposure. Read the full article on Seeking Alpha

CEO Compensation Analysis

How has Tony Han's remuneration changed compared to WeRide's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

-CN¥2b

Dec 31 2025CN¥93mCN¥5m

-CN¥2b

Sep 30 2025n/an/a

-CN¥2b

Jun 30 2025n/an/a

-CN¥2b

Mar 31 2025n/an/a

-CN¥2b

Dec 31 2024CN¥268mCN¥5m

-CN¥3b

Sep 30 2024n/an/a

-CN¥2b

Jun 30 2024n/an/a

-CN¥2b

Mar 31 2024n/an/a

-CN¥2b

Dec 31 2023CN¥304mCN¥4m

-CN¥2b

Sep 30 2023n/an/a

-CN¥2b

Jun 30 2023n/an/a

-CN¥1b

Mar 31 2023n/an/a

-CN¥1b

Dec 31 2022CN¥48mCN¥8m

-CN¥1b

Compensation vs Market: Tony's total compensation ($USD13.81M) is above average for companies of similar size in the US market ($USD5.13M).

Compensation vs Earnings: Tony's compensation has been consistent with company performance over the past year.

CEO

Tony Han (48 yo)

8.5yrs
Tenure
CN¥93,143,000
Compensation

Dr. Xu Han, also known as Tony, is Founder, Chairman & CEO of WeRide Inc. Dr. Han is Founder & CEO of Guangzhou WeRide Technology Co., Ltd. He is a distinguished expert in computer vision, machine learning...

Leadership Team

NamePositionTenureCompensationOwnership
Xu Han
Founderno dataCN¥93.14m4.18%
$ 86.9m
Yan Li
Co-Founderno dataCN¥35.39m4.12%
$ 85.7m
Xuan Li
CFO & Head of Internationalno datano data1.37%
$ 28.4m
Hua Zhong
Senior Vice President9.4yrsno data1.68%
$ 34.9m
Liang Wang
Joint Company Secretary1.5yrsno datano data
Anne Yu
Joint Company Secretary1.5yrsno datano data
Qingxiong Yang
Vice President5.3yrsno data0%
$ 0
3.4yrs
Average Tenure
48yo
Average Age

Experienced Management: WRD's management team is considered experienced (3.4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Xu Han
Founder8.5yrsCN¥93.14m4.18%
$ 86.9m
Yan Li
Co-Founder7.7yrsCN¥35.39m4.12%
$ 85.7m
Tong Zhang
Independent Non-Executive Director1.8yrsCN¥3.14m0%
$ 0
Huiping Yan
Independent Non-Executive Director1.8yrsCN¥3.61m0.0094%
$ 196.3k
Fan-Cheong Chan
Independent Non-Executive Directorless than a yearCN¥215.00kno data
Jean-Francois Salles
Non-Executive Director1.4yrsno datano data
Ichijo Futakawa
Non-Executive Directorless than a yearno datano data
1.8yrs
Average Tenure
57yo
Average Age

Experienced Board: WRD's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/11 04:44
End of Day Share Price 2026/08/11 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

WeRide Inc. is covered by 17 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yawen TanBNP Paribas
Chen ChiBNP Paribas
Ming-Hsun LeeBofA Global Research