WeRide Inc. American Depositary Shares (WRD)

FairStock Score: 54/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I am a value investor. WeRide is an autonomous-driving technology company. The industry is exciting, but it is capital-intensive and competitive. In the latest reported quarter, fiscal Q2 2026, revenue was $231.7M, but net income was -$400.7M, a negative margin of -172.91%. That means the company spends far more than it brings in. The supplied revenue-growth figure is 57.57%, but growth without profits is not owner earnings. The FairStock calculations from the 2026-10-13 close show a negative P/E of -5.95 and P/B of 1.46. The negative P/E tells me earnings are not useful for valuation. Return on equity is -25.71% and return on capital employed is -15.15%, so capital is being consumed. The balance sheet shows a debt-to-equity ratio of 0.10, which is low, but FairStock's Altman Z-score is -0.20 and Piotroski F-score is 3/9, both signs of financial fragility. The company has 3,661 employees and sells robotaxis, robobuses, robovans, robosweepers, and ADAS solutions. It may have an alliance with ELEVATE Slovakia, but I cannot identify a durable moat from these numbers. The FairStock score is 54/100. The stock has fallen from a 52-week high of $12.13 to $4.52, near the low of $4.49. A low price is not the same as a bargain. Without profits and a longer filed history, I would need a very large margin of safety. The Peter Lynch category is none because there are only 0 years of filed results and three are needed. I prefer businesses that earn money now.

In plain English: WeRide develops self-driving vehicles and related software for taxis, buses, vans, and street sweepers, mainly in China and Europe. The business is growing sales but is losing a lot of money: in the latest reported quarter, revenue was $231.7 million and net income was -$400.7 million. At $4.52 a share, near the bottom of its 52-week range, the price is hard to call cheap because the company is not profitable and shows weak financial health signals.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer