WeRide (WRD) Income Statement: Revenue & Earnings

WeRide Income Statement Analysis

Revenue, earnings, and profit margins in billions CNY

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WeRide Inc. income statement - Annual data in billions CNY
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Revenue & Gross Profit
Revenue	0.36	0.40	0.53	0.14	0.02
Cost of Revenue	0.25	0.22	0.29	0.09	0.00
Gross Profit	0.11	0.18	0.23	0.05	0.01
Operating Expenses
Research & Development	1.09	1.06	0.76	0.44	0.33
Selling, General & Administrative	1.19	0.67	0.26	0.12	0.16
Operating Expenses	2.30	1.75	1.01	0.55	0.49
Operating Income	-2.19	-1.57	-0.78	-0.50	-0.47
Other Income/Expense
Interest Income	0.18	0.13	0.04	0.03	0.00
Interest Expense	0.00	0.00	0.00	-0.01	-0.01
Other Income/Expense	-0.47	-0.55	-0.61	-0.53	-0.23
Income
Income Before Tax	-2.51	-1.95	-1.30	-1.01	-0.69
Income Tax Expense	0.01	0.00	0.00	0.00	0.00
Net Income	-2.52	-1.95	-1.30	-1.01	-0.69
Net Income - Continuous Operations	-2.52	-1.95	-1.30	-1.01	0.00
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00
EBITDA	-2.12	-1.51	-0.72	-0.45	-0.43
EBIT	-2.19	-1.57	-0.78	-0.50	-0.47
Depreciation & Amortization	0.06	0.05	0.05	0.04	0.04
Earnings Per Share
Basic EPS	-26.00	-51.00	-33.00	-30.00	-24.00
Diluted EPS	-26.00	-51.00	-33.00	-30.00	-24.00
Basic Shares Outstanding	0.10	0.04	0.04	0.03	0.03
Diluted Shares Outstanding	0.10	0.04	0.04	0.03	0.03