Weride Inc ADR WRD

$4.17 +0.04 (0.97%)

Valuation

Market cap
1,295,557,000
Revenue TTM
$95,230,000
Net income TTM
$-230,200,000
PE ratio
0.00
Forward PE
—
Profit margin
-241.73%
Debt to equity
0.08

Trading

Volume
2,303,800
Avg volume
2,634,362
Day's range
$4.11 – $4.20
Shares out
310,685,000
Stochastic %K
20%
Beta
1.90
Analysts
Strong Sell
Price target
$11.90

Price

Company profile

WeRide Inc., an investment holding company, provides autonomous driving products and solutions for mobility, logistics, and sanitation industries in the People's Republic of China and Europe. Its product categories include robotaxis, robobus, robovan, and robosweeper. The company also offers advanced driver-assistance system solutions; intelligent data services; and WeRide Go app, an online ride-hailing platform. It...

Show more

WeRide Inc., an investment holding company, provides autonomous driving products and solutions for mobility, logistics, and sanitation industries in the People's Republic of China and Europe. Its product categories include robotaxis, robobus, robovan, and robosweeper. The company also offers advanced driver-assistance system solutions; intelligent data services; and WeRide Go app, an online ride-hailing platform. It has a strategic alliance with ELEVATE Slovakia to launch autonomous driving programs in Slovekia. WeRide Inc. was incorporated in 2017 and is headquartered in Guangzhou, the People's Republic of China.

Industry
Software - Application
Sector
Technology
Phone
86 20 2909 3388
Website
https://www.weride.ai
Address
Tower A, Guanzhou Life Science Innovation Center, 21st Floor No. 51, Luoxuan Road Guangzhou International Biotech Island, Guangzhou, China

Latest news

Stocktwits

LubberJML Oct 25, 3:01 PM
$WRD a lenghty conversation about AV and L4 buses and how WeRide dominates that especially in Japan. You'll have to go through the full video to get all the pieces. https://youtu.be/rvU1b4SF3nM
0 replies
LubberJML Oct 25, 12:34 PM
$WRD 12 months ago WeRide did not even rank when I did these searches. They were often not included or at the absolute bottom. No matter how the question is asked today, here is where WeRide stands. Every ranking hammers on large net losses for WeRide and PONY. Emphasizing losses for WeRide/Pony without equal context for the others is failed and lazy analysis . Tony and Jen could help that if they wanted but they have not showed WS the full picture. Anyways, it's good to see Weride in the top 3 and finally TESLA and Cruise where they belong.
0 replies
NLZ Oct 25, 11:42 AM
$WRD WeRide Takes 3rd in Changsha, Momenta Wins. The October 25 China Intelligent Driving Competition delivered an interesting result: 🥇 IM LS8 (Momenta): 101.47 🥈 Wey Lanshan (DeepRoute): 88.21 🥉 Exeed EX7 (Bosch–WeRide): 88.18 Strong EX7 debut: The new Bosch–WeRide-powered Exeed scored 97.79 in preliminaries and missed 2nd place by just 0.03 points. The Aion i60 scored 92.50 points in the Changsha preliminaries. D1EV's scoring rules explicitly increased the penalty for running a red light from 5 to 10 points per violation recently. If the i60 had not run the red light, it would have scored (102.5) and consequently would qualify ahead of the EX7, while both would’ve advanced to the finals. Momenta raises the bar. Its convincing victory highlights intensifying competition in China’s ADAS market. While WeRide continues demonstrating its technology across multiple Chery Exeed and GAC Aion models. Next stop: Nanchang, the ancient capital of Yuzhang, the new capital of Hongdu.
0 replies
NLZ Oct 25, 10:08 AM
$WRD The plot thickens. Is Chery’s Robotaxi built on WeRide technology? The remote operating console shown at Chery’s demonstration closely matches the console pictured by WeRide’s. + Matching angular white enclosure and black cockpit. + Cyan lighting in the same position. + Similar monitor and secondary screen arrangement. + A distinctive pole-mounted device behind the seat. This is a concrete visual clue supporting possible WeRide involvement. It does not establish that WeRide supplies Chery’s complete L4 driving system. Shared hardware sourcing still remains a possible explanation. Does the resemblance reflect common equipment, or a deeper technology relationship behind Chery’s Robotaxi programme? Source video: https://youtu.be/f0svmCOSk2Q?is=EKazZXV5Or9sK7cP
1 replies
NLZ Oct 24, 2:21 PM
$WRD Horizon takes home the prize 🏆 The 2 Horizon’s HSD entries showed the best performance. Followed by WeRide’s entry, as a first time entrant in this competition: EX7 Videos of the runs: Aion i60: https://weibo.com/detail/5356850337809532 Exeed EX7: https://weibo.com/detail/5356852952960741 Results hereunder. Exeed will advance to the final tomorrow. Unfortunately the Aion i60 will not.
1 replies
LubberJML Oct 24, 11:29 AM
$WRD One more factor I forgot to add to this graphic is unit breakeven's. Tony told us in a recent interview that breakeven's in the EU region and ME begin on day 1 because fares are much higher than China. He said China breakeven's are two years out. With the bulk of current pilots happening o/s of China that will help reduce the net losses QoQ as WeRide makes its way to profitability.
0 replies
LubberJML Oct 24, 8:41 AM
$WRD Why year 3 starting on Monday could and should be better. I'm sure I missed a few more important developments that will contribute to year 3 growth metrics. If you have anything to add please post them in the reply. I certainly did not foresee the long lead times WeRide is having. GRAB will be a 1 year pilot before it goes driver out and collects fares. The news cycle for AV fired up in October wit hlarge expansions planned by BAIDU, PONY, WAYMO and WeRide. It's happening. Cities are starting to adopt the technology. WeRide has enough pilots in play now to grow fleet sizes in important markets. It's not going to be as fast as we want but it's happening finally.
0 replies
Djmorri Oct 24, 7:41 AM
$WRD Aurora holds a better share price, that will probably still be the case in two more years 🥺
0 replies