WeRide
Financial ratios & Valuation

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
-649.25-327.44-230.70207.93N/AN/AN/AN/AN/A103.96
Price/Sales ratio
206.17275.3185.2824.27N/AN/AN/AN/AN/A12.13
Price/Book Value ratio
52.3635.7810.779.05N/AN/AN/AN/AN/A4.52
Price/Cash Flow ratio
365.28386.56487.8537.39N/AN/AN/AN/AN/A18.69
Price/Free Cash Flow ratio
-90.73-80.58-19.92-10.47N/AN/AN/AN/AN/A-5.23
Price/Earnings Growth ratio
N/A-3.08-4.47-1.26N/AN/AN/AN/AN/A-0.63
Dividend Yield
N/AN/AN/A4.20%N/AN/AN/AN/AN/A2.10%
Profitability Indicator Ratios
Gross Profit Margin
69.05%73.27%85.07%87.90%74.07%37.38%44.08%45.65%N/A80.98%
Operating Profit Margin
-41.00%-77.32%-12.42%24.68%-2550.47%-362.22%-147.70%-389.75%N/A-1262.89%
Pretax Profit Margin
-32.10%-84.12%-41.34%2.58%-3820.16%-728.98%-246.14%-484.32%N/A-1908.78%
Net Profit Margin
-31.75%-84.07%-36.96%11.67%-3820.16%-728.98%-246.14%-485.03%N/A-1904.24%
Effective Tax Rate
1.08%0.05%10.58%-351.15%32.34%49.75%39.71%-0.14%N/A-159.40%
Return on Assets
-4.30%-7.00%-3.26%1.79%N/A-30.46%-24.11%-34.71%N/A0.89%
Return On Equity
-8.06%-10.92%-4.67%4.35%N/A104.25%62.36%63.86%N/A2.17%
Return on Capital Employed
-6.25%-6.87%-1.14%4.27%N/A-16.29%-15.51%-30.09%N/A2.13%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Quick Ratio
1.221.260.530.27N/A12.3913.5812.57N/A0.13
Cash ratio
0.320.810.050.00N/A11.636.174.05N/A0.00
Days of Sales Outstanding
211.4481.1475.7571.85N/A233.47270.68511.54N/A35.92
Days of Inventory outstanding
2.7921.46N/A23.24N/A483.30193.02364.75N/A11.62
Operating Cycle
214.24102.6175.7595.10N/A716.78463.71876.29N/A47.55
Days of Payables Outstanding
724.54675.02403.69374.45N/A67.2814.2328.35N/A187.22
Cash Conversion Cycle
-510.30-572.40-327.93-279.35N/A649.49449.47847.94N/A-139.67
Debt Ratios
Debt Ratio
0.330.270.160.27N/AN/AN/AN/AN/A0.13
Debt Equity Ratio
0.620.430.240.67N/AN/AN/AN/AN/A0.33
Long-term Debt to Capitalization
0.380.300.190.40N/AN/AN/AN/AN/A0.20
Total Debt to Capitalization
0.380.300.190.40N/AN/AN/AN/AN/A0.20
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Cash Flow to Debt Ratio
0.230.210.090.35N/AN/AN/AN/AN/A0.17
Company Equity Multiplier
1.871.561.432.42N/A-3.42-2.58-1.83N/A1.21
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.560.710.170.64-11.75-3.66-1.27-1.18N/A-5.55
Free Cash Flow / Operating Cash Flow Ratio
-4.02-4.79-24.48-3.571.011.051.121.07N/A-1.27
Cash Flow Coverage Ratio
0.230.210.090.35N/AN/AN/AN/AN/A0.17
Short Term Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Dividend Payout Ratio
N/AN/AN/A874.10%N/AN/AN/AN/AN/A437.05%