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Financial Statements — WRD
Balance Sheet
(in billions CNY)| Metric | Q2 2025 | Q4 2024 |
|---|---|---|
| Cash & Equivalents | 3.84 | 4.27 |
| Inventory | 0.29 | 0.20 |
| Total Current Assets | 6.64 | 7.29 |
| Goodwill | 0.04 | 0.04 |
| Total Non-current Assets | 0.51 | 0.41 |
| Total Assets | 7.15 | 7.69 |
| Total Current Liabilities | 0.60 | 0.54 |
| Total Non-current Liabilities | 0.08 | 0.09 |
| Total Liabilities | 0.68 | 0.63 |
| Retained Earnings | (9.42) | (8.63) |
| Total Stockholder Equity | 6.46 | 7.07 |
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Income Statement
(in millions CNY) (except per-share rows)| Metric | Q2 2025 |
|---|---|
| Total Revenue | 199.62 |
| Cost of Revenue* | 138.56 |
| Gross Profit | 61.06 |
| Research & Development | 644.64 |
| Total Operating Expenses* | 951.14 |
| Operating Income | (890.08) |
| Pretax Income | (789.64) |
| Tax Provision | 1.88 |
| Net Income | (791.52) |
| Basic EPS | (0.87) |
| Diluted EPS | (0.87) |
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* Derived from reported values
Cash Flow Statement
(in millions CNY)| Metric | Q2 2025 |
|---|---|
| Operating Cash Flow | (663.40) |
| Investing Cash Flow | 218.70 |
| Financing Cash Flow | 3.90 |
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