Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
WRD
STRONG SELLREMOVEWeRide Inc. · Technology · China · $2.5B · Avg Vol: $19M/d
WeRide is a high-tech autonomous driving developer, but it is currently pre-profit, highly capital-intensive, and faces severe geopolitical headwinds. The escalating tech cold war between the US and China creates an asymmetric risk of regulatory exclusion, making it unsuitable for a high-conviction long-term book.
COMPANY DESCRIPTION
WeRide Inc. develops Level 4 autonomous driving technology, focusing on robotaxis, robobuses, and autonomous trucking solutions. The company is among the frontrunners in China's autonomous driving sector, benefiting from strategic partnerships and significant R&D investment in a rapidly evolving market. WeRide is a leading AI company pioneering autonomous driving technology in China, with extensive testing and deployment experience.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 528M | 402M | 361M | 685M | 9.1% |
| EPS | -4.29 | -6.44 | -25.62 | -5.37 | — |
| Shares | 823M | 823M | 826M | 1.0B | +24.8% |
| Debt | 68M | 53M | 143M | 379M | 77.5% |
| Equity | -2.1B | -3.1B | 7.1B | 7.9B | 11.8% |
| Op CF | -670M | -475M | -594M | -1.3B | — |
| Inv CF | -2.2B | -547M | 326M | 1.5B | — |
| Fin CF | 2.2B | 447M | 2.8B | 2.3B | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of WRD are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| WRD | WeRide Inc.(you) | $2.5B | 3 | STRONG SELL |
| 300229.SZ | TRS Information Technology Co., Ltd. | $2.1B | 9 | STRONG SELL |
| 2643.HK | CaoCao Inc. | $2.0B | 8 | STRONG SELL |
| 2590.HK | Beijing Geekplus Technology Co., Ltd. | $2.5B | 13 | STRONG SELL |
| KC | Kingsoft Cloud Holdings Limited | $3.8B | 6 | STRONG SELL |
| 1384.HK | Deepexi Technology Co., Ltd. | $2.5B | 14 | STRONG SELL |
| 301091.SZ | Shenzhen Urban Transport Technology Group Co., Ltd. | $1.4B | 2 | STRONG SELL |
| 300682.SZ | Longshine Technology Group Co., Ltd. | $2.0B | 12 | STRONG SELL |
| 2889.HK | PATEO CONNECT Technology (Shanghai) Corporation | $3.9B | 7 | STRONG SELL |
| 600536.SS | China National Software & Service Company Limited | $5.0B | 4 | STRONG SELL |
Peer medians: ROE 3.9% · P/E 77.3x · Gross margin 25.8%