WeRide Inc.

NasdaqGM:WRD Stock Report

Market Cap: US$2.1b

WeRide Past Earnings Performance

Past criteria checks 0/6

WeRide's earnings have been declining at an average annual rate of -15.3%, while the Auto Components industry saw earnings growing at 3.8% annually. Revenues have been growing at an average rate of 8.6% per year.

Key information

-15.33%

Earnings growth rate

19.48%

EPS growth rate

Auto Components Industry Growth10.46%
Revenue growth rate8.60%
Return on equity-23.23%
Net Margin-228.41%
Last Earnings Update31 Mar 2026

Recent past performance updates

Recent updates

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

Revenue & Expenses Breakdown

How WeRide makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NasdaqGM:WRD Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 26726-1,6596671,410
31 Dec 25685-1,6556861,372
30 Sep 25511-1,6917581,281
30 Jun 25410-2,4271,2861,219
31 Mar 25362-2,4341,2261,139
31 Dec 24361-2,5171,2211,091
30 Sep 24365-2,3041,0151,013
30 Jun 24369-2,1086921,199
31 Mar 24382-2,0727111,148
31 Dec 23402-1,9827071,058
30 Sep 23451-1,9236781,036
30 Jun 23571-1,396443816
31 Mar 23549-1,347358787
31 Dec 22528-1,298273759
30 Sep 22390-1,208219673
30 Jun 22253-1,118166588
31 Mar 22196-1,063143516
31 Dec 21138-1,007120443
31 Dec 2018-695158333

Quality Earnings: WRD is currently unprofitable.

Growing Profit Margin: WRD is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: WRD is unprofitable, and losses have increased over the past 5 years at a rate of 15.3% per year.

Accelerating Growth: Unable to compare WRD's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: WRD is unprofitable, making it difficult to compare its past year earnings growth to the Auto Components industry (10.7%).

Return on Equity

High ROE: WRD has a negative Return on Equity (-23.23%), as it is currently unprofitable.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/22 00:21
End of Day Share Price 2026/06/18 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. 14 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