WeRide Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	4,275	6,666	4,268	1,661	2,234	2,726
Short-Term Investments	1,100	301.4	620.15	2,550	1,057	1.95
Trading Asset Securities	2.29	144.25	1,685	317.04	1,219	53.87
Cash & Short-Term Investments	5,377	7,112	6,574	4,528	4,510	2,781
Cash Growth	-7.66%	8.19%	45.16%	0.42%	62.13%	236.54%
Accounts Receivable	479.73	486.01	293.73	376.68	331.47	40.44
Other Receivables	190.81	160.4	111.61	122.69	59.12	44.95
Receivables	670.54	646.42	423.84	510.23	390.59	85.38
Inventory	439.11	321.02	204.71	218.22	156.01	146.84
Prepaid Expenses	18.22	-	-	-	-	3
Restricted Cash	10.42	12.91	4.81	10.19	1.39	3.01
Other Current Assets	112.68	118.02	81.04	102.91	15.98	-
Total Current Assets	6,628	8,210	7,288	5,370	5,073	3,020
Property, Plant & Equipment	712.79	444.64	251.74	150.23	178.29	173.31
Long-Term Investments	252.41	188.08	56.92	-	-	-
Goodwill	44.76	44.76	44.76	44.76	44.76	44.76
Other Intangible Assets	16.43	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	100.95	30.16	29.13	22.41	33.83	30.42
Total Assets	7,755	8,936	7,694	5,614	5,385	3,307

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Accounts Payable	243.56	163	20.71	16.96	36.34	34.64
Accrued Expenses	195.82	216.34	213.21	94.88	65.57	55.78
Short-Term Debt	485.05	324.26	30.02	-	-	-
Current Portion of Leases	35.39	31.92	36.9	31.1	32.01	32.54
Current Income Taxes Payable	-	-	2.08	-	-	-
Current Unearned Revenue	237.32	220.53	189.02	188.92	143.31	3.82
Other Current Liabilities	39.59	45.25	50.55	8,260	84.62	107.55
Total Current Liabilities	1,237	1,001	542.49	8,591	361.85	234.34
Long-Term Debt	-	-	50.04	-	7,018	-
Long-Term Leases	95.4	23.24	26.06	22.31	35.86	61.3
Long-Term Unearned Revenue	24.99	7.72	4.68	6.52	5.94	139.79
Long-Term Deferred Tax Liabilities	2.99	3.49	4.49	5.48	6.48	7.48
Other Long-Term Liabilities	-	-	-	40.45	39.81	791.3
Total Liabilities	1,360	1,036	627.75	8,666	7,468	1,234

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Common Stock	0.07	0.07	0.06	0.01	0.01	0.01
Additional Paid-In Capital	14,985	14,963	12,751	1,104	1,062	1,047
Retained Earnings	-11,076	-10,286	-8,631	-6,115	-4,133	-2,834
Treasury Stock	-684.81	-	-	-151.67	-151.67	-91.84
Comprehensive Income & Other	3,171	3,224	2,947	2,110	1,141	913.27
Total Common Equity	6,395	7,900	7,066	-3,052	-2,082	-966.12
Shareholders' Equity	6,395	7,900	7,066	-3,052	-2,082	2,072
Total Liabilities & Equity	7,755	8,936	7,694	5,614	5,385	3,307

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Total Debt	615.83	379.42	143.02	53.41	7,085	93.83
Net Cash (Debt)	4,761	6,733	6,431	4,475	-2,576	2,688
Net Cash Growth	-15.25%	4.70%	43.70%	-	-	385.69%
Net Cash Per Share	14.68	21.81	65.47	114.21	-65.92	79.72
Filing Date Shares Outstanding	325.74	335.26	284.53	35.2	34.62	33.66
Total Common Shares Outstanding	325.74	342.44	275.4	33.49	32.91	33.66
Working Capital	5,391	7,209	6,746	-3,221	4,712	2,785
Book Value Per Share	19.63	23.07	25.66	-91.12	-63.28	-28.70
Tangible Book Value	6,334	7,837	7,000	-3,121	-2,155	-1,042
Tangible Book Value Per Share	19.45	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

SEC Filings: 10-K · 10-Q