Weride Inc. key statistics and ratios

In fiscal 2025, Weride Inc. had return on equity of -22.0%, an operating margin of -269.8%, debt equal to 4.1% of equity and a current ratio of 8.20. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Weride Inc.: financial ratios, annual
Fiscal year	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Gross margin	44.1%	45.7%	30.7%	30.2%
Operating margin	−147.7%	−389.8%	−605.1%	−269.8%
Net margin	−246.1%	−485.0%	−696.9%	−241.7%
Free-cash-flow margin	−142.4%	−127.3%	−187.6%	−229.2%
Return on equity	—	—	−130.0%	−22.0%
Return on assets	—	−34.8%	−37.9%	−19.8%
Asset turnover	—	0.07	0.05	0.08
Current ratio	—	0.63	13.43	8.20
Debt to equity	—	—	1.1%	4.1%
Interest cover (operating income ÷ interest)	n/m	n/m	n/m	n/m
R&D as % of revenue	143.8%	263.4%	302.2%	200.4%
Capital spending as % of revenue	15.3%	9.1%	23.3%	36.2%

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Financial health

4 of 6 checks passed · December 31, 2025

What it owns · $1.3bn

Short-term assets $1.2bnLonger-term assets $104m

What it owes, and who funded it · $1.3bn

Short-term liabilities $143mLonger-term liabilities $5mShareholders' equity $1.1bn

Short-term assets cover short-term liabilities $1.2bn of assets due within a year against $143m of liabilities due within a year.
Short-term assets cover long-term liabilities $1.2bn short-term assets against $5m of longer-dated liabilities.
More cash than debt $953m of cash against $46m of debt.
Debt below 40% of shareholders' equity Debt is 4% of equity.
Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
A year's operating cash flow covers at least 20% of debt −$184m of operating cash flow against $46m of debt.
Operating profit covers interest at least five times over Operating income of −$257m against $963,872 of interest.

From Weride Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: High.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

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Figures from Weride Inc.'s SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Weride Inc.