WERIDE-W Shares Surge Over 11% Following Strong Earnings, Full-Year Revenue Jumps 90%

Stock News03-25

WERIDE-W (00800) saw its shares rise more than 11% after the release of its financial results. At the time of writing, the stock was up 10.53%, trading at HK$20.16, with a turnover of HK$24.0632 million. The company reported total revenue of RMB 690 million for 2025, a significant year-on-year increase of 90%, reaching a record high. Fourth-quarter revenue was RMB 314 million, up 123% year-on-year, setting a new quarterly record since the company's establishment. The core Robotaxi business experienced explosive growth, with full-year revenue reaching RMB 150 million, a surge of 209.6% compared to the previous year. Revenue for the fourth quarter also hit a new high, soaring to RMB 50.6 million, a 66.4% increase year-on-year. A research report noted that WERIDE-W's revenue for the previous quarter exceeded expectations. Management has set a target to expand its global fleet to 2,600 vehicles this year, more than double the current 1,125 vehicles, to support service expansion in domestic markets as well as overseas locations including Abu Dhabi, Dubai, and Riyadh, and to advance operations in Switzerland and Singapore.

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