WeRide Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	3,452	4,268	1,661	2,234	2,726	212.62
Short-Term Investments	1,044	620.15	2,550	1,057	1.95	5.88
Trading Asset Securities	926.13	1,685	317.04	1,219	53.87	607.96
Cash & Short-Term Investments	5,422	6,574	4,528	4,510	2,781	826.46
Cash Growth	56.74%	45.16%	0.42%	62.13%	236.54%	-
Accounts Receivable	325.93	293.73	376.68	331.47	40.44	13.2
Other Receivables	-	79.69	122.69	59.12	44.95	21.3
Receivables	325.93	391.92	510.23	390.59	85.38	34.5
Inventory	309.38	204.71	218.22	156.01	146.84	22.45
Prepaid Expenses	384.4	-	-	-	3	-
Restricted Cash	4.55	4.81	10.19	1.39	3.01	48.11
Other Current Assets	57.98	112.96	102.91	15.98	-	4.36
Total Current Assets	6,504	7,288	5,370	5,073	3,020	935.88
Property, Plant & Equipment	361.2	251.74	150.23	178.29	173.31	153.22
Long-Term Investments	64.65	56.92	-	-	-	12.58
Goodwill	44.76	44.76	44.76	44.76	44.76	-
Other Intangible Assets	19	21.66	24.59	28.6	30.99	0.9
Long-Term Accounts Receivable	-	0.56	0.25	23.45	3.52	-
Long-Term Deferred Tax Assets	0.25	1	1.99	2.99	3.99	-
Other Long-Term Assets	27.58	29.13	22.41	33.83	30.42	28.41
Total Assets	7,022	7,694	5,614	5,385	3,307	1,131
Accounts Payable	61.29	20.71	16.96	36.34	34.64	18.84
Accrued Expenses	-	213.21	94.88	65.57	55.78	56.15
Short-Term Debt	245.14	30.02	-	-	-	104.48
Current Portion of Long-Term Debt	-	-	-	-	-	103.67
Current Portion of Leases	33.17	36.9	31.1	32.01	32.54	16.92
Current Income Taxes Payable	-	2.08	-	-	-	-
Current Unearned Revenue	31.18	189.02	188.92	143.31	3.82	0.84
Other Current Liabilities	404.1	50.55	8,260	84.62	107.55	290.83
Total Current Liabilities	774.88	542.49	8,591	361.85	234.34	591.72
Long-Term Debt	-	50.04	-	7,018	-	-
Long-Term Leases	18.79	26.06	22.31	35.86	61.3	48.05
Long-Term Unearned Revenue	8.1	4.68	6.52	5.94	139.79	138.63
Long-Term Deferred Tax Liabilities	3.74	4.49	5.48	6.48	7.48	-
Other Long-Term Liabilities	-	-	40.45	39.81	791.3	721.69
Total Liabilities	805.5	627.75	8,666	7,468	1,234	1,500
Common Stock	6,216	0.06	0.01	0.01	0.01	0.01
Additional Paid-In Capital	-	12,751	1,104	1,062	1,047	987.44
Retained Earnings	-	-8,631	-6,115	-4,133	-2,834	-2,128
Treasury Stock	-	-	-151.67	-151.67	-91.84	-
Comprehensive Income & Other	-	2,947	2,110	1,141	913.27	738.69
Total Common Equity	6,216	7,066	-3,052	-2,082	-966.12	-401.91
Shareholders' Equity	6,216	7,066	-3,052	-2,082	2,072	-369.11
Total Liabilities & Equity	7,022	7,694	5,614	5,385	3,307	1,131
Total Debt	297.1	143.02	53.41	7,085	93.83	273.11
Net Cash (Debt)	5,125	6,431	4,475	-2,576	2,688	553.35
Net Cash Growth	-	43.70%	-	-	385.69%	-
Net Cash Per Share	17.83	65.47	114.21	-65.92	79.72	19.13
Filing Date Shares Outstanding	342.21	284.53	35.2	34.62	33.66	28.93
Total Common Shares Outstanding	342.21	275.4	33.49	32.91	33.66	28.93
Working Capital	5,730	6,746	-3,221	4,712	2,785	344.16
Book Value Per Share	18.17	25.66	-91.12	-63.28	-28.70	-5.67
Tangible Book Value	6,153	7,000	-3,121	-2,155	-1,042	-402.81
Tangible Book Value Per Share	17.98	25.42	-93.19	-65.50	-30.95	-5.68
Machinery	-	369.87	247.77	224.11	153.71	141.69
Construction In Progress	-	-	0.19	0.05	0.63	0.27
Leasehold Improvements	-	49.5	39.46	35.5	29.29	21.63

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