WeRide Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	5,180	6,666	4,268	1,661	2,234	2,726
Short-Term Investments	998.21	301.4	620.15	2,550	1,057	1.95
Trading Asset Securities	2.44	144.25	1,685	317.04	1,219	53.87
Cash & Short-Term Investments	6,180	7,112	6,574	4,528	4,510	2,781
Cash Growth	0.82%	8.19%	45.16%	0.42%	62.13%	236.54%
Accounts Receivable	448.68	486.01	293.73	376.68	331.47	40.44
Other Receivables	12.72	160.4	111.61	122.69	59.12	44.95
Receivables	461.4	646.42	423.84	510.23	390.59	85.38
Inventory	338.11	321.02	204.71	218.22	156.01	146.84
Prepaid Expenses	292.07	-	-	-	-	3
Restricted Cash	5.15	12.91	4.81	10.19	1.39	3.01
Other Current Assets	-	118.02	81.04	102.91	15.98	-
Total Current Assets	7,303	8,210	7,288	5,370	5,073	3,020
Property, Plant & Equipment	497.66	444.64	251.74	150.23	178.29	173.31
Long-Term Investments	198.03	188.08	56.92	-	-	-
Goodwill	44.76	44.76	44.76	44.76	44.76	44.76
Other Intangible Assets	16.8	17.97	21.66	24.59	28.6	30.99
Long-Term Accounts Receivable	-	-	0.56	0.25	23.45	3.52
Long-Term Deferred Tax Assets	-	-	1	1.99	2.99	3.99
Other Long-Term Assets	86.71	30.16	29.13	22.41	33.83	30.42
Total Assets	8,147	8,936	7,694	5,614	5,385	3,307
Accounts Payable	191.06	163	20.71	16.96	36.34	34.64
Accrued Expenses	-	216.34	213.21	94.88	65.57	55.78
Short-Term Debt	294.24	324.26	30.02	-	-	-
Current Portion of Leases	25.56	31.92	36.9	31.1	32.01	32.54
Current Income Taxes Payable	-	-	2.08	-	-	-
Current Unearned Revenue	30.98	220.53	189.02	188.92	143.31	3.82
Other Current Liabilities	415.64	45.25	50.55	8,260	84.62	107.55
Total Current Liabilities	957.49	1,001	542.49	8,591	361.85	234.34
Long-Term Debt	-	-	50.04	-	7,018	-
Long-Term Leases	21.02	23.24	26.06	22.31	35.86	61.3
Long-Term Unearned Revenue	24.83	7.72	4.68	6.52	5.94	139.79
Long-Term Deferred Tax Liabilities	3.24	3.49	4.49	5.48	6.48	7.48
Other Long-Term Liabilities	-	-	-	40.45	39.81	791.3
Total Liabilities	1,007	1,036	627.75	8,666	7,468	1,234
Common Stock	7,141	0.07	0.06	0.01	0.01	0.01
Additional Paid-In Capital	-	14,963	12,751	1,104	1,062	1,047
Retained Earnings	-	-10,286	-8,631	-6,115	-4,133	-2,834
Treasury Stock	-	-	-	-151.67	-151.67	-91.84
Comprehensive Income & Other	-	3,224	2,947	2,110	1,141	913.27
Total Common Equity	7,141	7,900	7,066	-3,052	-2,082	-966.12
Shareholders' Equity	7,141	7,900	7,066	-3,052	-2,082	2,072
Total Liabilities & Equity	8,147	8,936	7,694	5,614	5,385	3,307
Total Debt	340.82	379.42	143.02	53.41	7,085	93.83
Net Cash (Debt)	5,839	6,733	6,431	4,475	-2,576	2,688
Net Cash Growth	-2.11%	4.70%	43.70%	-	-	385.69%
Net Cash Per Share	18.01	21.81	65.47	114.21	-65.92	79.72
Filing Date Shares Outstanding	341.3	335.26	284.53	35.2	34.62	33.66
Total Common Shares Outstanding	341.3	342.44	275.4	33.49	32.91	33.66
Working Capital	6,346	7,209	6,746	-3,221	4,712	2,785
Book Value Per Share	20.92	23.07	25.66	-91.12	-63.28	-28.70
Tangible Book Value	7,079	7,837	7,000	-3,121	-2,155	-1,042
Tangible Book Value Per Share	20.74	22.89	25.42	-93.19	-65.50	-30.95
Machinery	-	662.82	369.87	247.77	224.11	153.71
Construction In Progress	-	-	-	0.19	0.05	0.63
Leasehold Improvements	-	63.45	49.5	39.46	35.5	29.29

Source: S&P Global Market Intelligence. Standard template. Financial Sources.