WeRide Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	6,666	4,268	1,661	2,234	2,726
Short-Term Investments	301.4	620.15	2,550	1,057	1.95
Trading Asset Securities	144.25	1,685	317.04	1,219	53.87
Cash & Short-Term Investments	7,112	6,574	4,528	4,510	2,781
Cash Growth	8.19%	45.16%	0.42%	62.13%	236.54%
Accounts Receivable	485.44	293.73	376.68	331.47	40.44
Other Receivables	-	79.69	122.69	59.12	44.95
Receivables	485.44	391.92	510.23	390.59	85.38
Inventory	321.02	204.71	218.22	156.01	146.84
Prepaid Expenses	269.99	-	-	-	3
Restricted Cash	12.91	4.81	10.19	1.39	3.01
Other Current Assets	9.01	112.96	102.91	15.98	-
Total Current Assets	8,210	7,288	5,370	5,073	3,020
Property, Plant & Equipment	444.64	251.74	150.23	178.29	173.31
Long-Term Investments	188.08	56.92	-	-	-
Goodwill	44.76	44.76	44.76	44.76	44.76
Other Intangible Assets	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	30.16	29.13	22.41	33.83	30.42
Total Assets	8,936	7,694	5,614	5,385	3,307
Accounts Payable	163	20.71	16.96	36.34	34.64
Accrued Expenses	-	213.21	94.88	65.57	55.78
Short-Term Debt	324.26	30.02	-	-	-
Current Portion of Leases	31.92	36.9	31.1	32.01	32.54
Current Income Taxes Payable	-	2.08	-	-	-
Current Unearned Revenue	28.51	189.02	188.92	143.31	3.82
Other Current Liabilities	453.61	50.55	8,260	84.62	107.55
Total Current Liabilities	1,001	542.49	8,591	361.85	234.34
Long-Term Debt	-	50.04	-	7,018	-
Long-Term Leases	23.24	26.06	22.31	35.86	61.3
Long-Term Unearned Revenue	7.72	4.68	6.52	5.94	139.79
Long-Term Deferred Tax Liabilities	3.49	4.49	5.48	6.48	7.48
Other Long-Term Liabilities	-	-	40.45	39.81	791.3
Total Liabilities	1,036	627.75	8,666	7,468	1,234
Common Stock	7,900	0.06	0.01	0.01	0.01
Additional Paid-In Capital	-	12,751	1,104	1,062	1,047
Retained Earnings	-	-8,631	-6,115	-4,133	-2,834
Treasury Stock	-	-	-151.67	-151.67	-91.84
Comprehensive Income & Other	-	2,947	2,110	1,141	913.27
Total Common Equity	7,900	7,066	-3,052	-2,082	-966.12
Shareholders' Equity	7,900	7,066	-3,052	-2,082	2,072
Total Liabilities & Equity	8,936	7,694	5,614	5,385	3,307
Total Debt	379.42	143.02	53.41	7,085	93.83
Net Cash (Debt)	6,733	6,431	4,475	-2,576	2,688
Net Cash Growth	4.70%	43.70%	-	-	385.69%
Net Cash Per Share	21.81	65.47	114.21	-65.92	79.72
Filing Date Shares Outstanding	325.22	284.53	35.2	34.62	33.66
Total Common Shares Outstanding	325.22	275.4	33.49	32.91	33.66
Working Capital	7,209	6,746	-3,221	4,712	2,785
Book Value Per Share	24.29	25.66	-91.12	-63.28	-28.70
Tangible Book Value	7,837	7,000	-3,121	-2,155	-1,042
Tangible Book Value Per Share	24.10	25.42	-93.19	-65.50	-30.95
Machinery	-	369.87	247.77	224.11	153.71
Construction In Progress	-	-	0.19	0.05	0.63
Leasehold Improvements	-	49.5	39.46	35.5	29.29

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