0001104659-26-107261 | 6-K | XBRL Viewer

EXPENSES BY NATURE (Tables)

6 Months Ended

Jun. 30, 2026


		For the six months
		ended June 30,
		2025		2026
		RMB’000		RMB’000
Payroll and employee benefits (Note 6(i))		693,153		699,775
Cost of inventories (Note 13(b))		35,461		67,361
Depreciation and amortization (Note 6(ii))		73,027		117,813
Professional services fee		73,656		41,079
Service fee from a related party (Note 27(b))		32,379		41,920
Outsourcing service fee		61,734		105,314
Utilities and property management fee		24,823		28,795
Listing expense relating to the Global Offering		29,068		—
Others		66,612		118,938
Total cost of revenue, research and development expenses, administrative expenses and selling expenses		1,089,913		1,220,995
Notes:
(i) Payroll and employee benefits:
Salaries, allowances, bonus and benefits in kind		445,452		541,977
Contributions to defined contribution retirement plan		28,179		38,588
Share-based compensation expenses (Note 24)		219,522		119,210
		693,153		699,775
(ii) Depreciation and amortization:
Property and equipment		45,372		88,708
Right-of-use assets		25,417		26,759
Intangible assets		2,238		2,346
		73,027		117,813

OTHER NET INCOME (Tables)

6 Months Ended

Jun. 30, 2026

OTHER NET INCOME

Schedule of other net income


		For the six months
		ended June 30,
		2025		2026
		RMB’000		RMB’000
Government grants		450		9,811
Net loss on disposal of non-current assets		(109)		(123)
Individual income tax handling fee refund		2,692		6,429
Others		(12)		6,495
		3,021		22,612

CASH, CASH EQUIVALENTS AND TIME DEPOSITS (Tables)

6 Months Ended

Jun. 30, 2026

CASH, CASH EQUIVALENTS AND TIME DEPOSITS

Summary of cash, cash equivalents and time deposits comprise


		As of December 31,		As of June 30,
		2025		2026
		RMB’000		RMB’000

Cash and cash equivalents		6,666,304		4,275,014
Time deposits		301,401		1,099,805

INCOME TAX - Additional information (Details)	6 Months Ended
INCOME TAX - Additional information (Details)	Jun. 30, 2026
INCOME TAX
Tax on Interest Income Earned	30.00%

TRADE RECEIVABLES, PREPAYMENTS AND OTHER RECEIVABLES - Aging analysis of trade receivables (Details) - CNY (¥) ¥ in Thousands	Jun. 30, 2026	Dec. 31, 2025
TRADE RECEIVABLES, PREPAYMENTS AND OTHER RECEIVABLES
Trade receivables	¥ 111,483	¥ 153,547

Label

Element

Value

Ifrs Share-Based Compensation Arrangement by Share-Based Payment Award, Award Requisite Service Period

wrd_IfrsShareBasedCompensationArrangementByShareBasedPaymentAwardAwardRequisiteServicePeriod

4 years

Ifrs Share-Based Compensation Arrangement by Share-Based Payment Award, Award Requisite Service Period

wrd_IfrsShareBasedCompensationArrangementByShareBasedPaymentAwardAwardRequisiteServicePeriod

5 years

Prepayments and other Receivables Due from Related Parties

wrd_PrepaymentsAndOtherReceivablesDueFromRelatedParties

¥ 9,010,000

Prepayments and other Receivables Due from Related Parties

wrd_PrepaymentsAndOtherReceivablesDueFromRelatedParties

18,217,000

Time Deposit

wrd_TimeDeposit

301,401,000

Time Deposit

wrd_TimeDeposit

1,099,805,000

Reserves

wrd_Reserves

3,223,822,000

Reserves

wrd_Reserves

3,170,926,000

Current Put option Liabilities

wrd_CurrentPutOptionLiabilities

43,300,000

Current Put option Liabilities

wrd_CurrentPutOptionLiabilities

31,681,000

Ifrs Stock Issued During Period, Value, Restricted Stock Award

wrd_IfrsStockIssuedDuringPeriodValueRestrictedStockAward

3,000

Ifrs Stock Issued During Period, Value, Restricted Stock Award

wrd_IfrsStockIssuedDuringPeriodValueRestrictedStockAward

(3,000)

Stock Issued During Period, Value, Vesting of Restricted Stock Award And Share Options

wrd_StockIssuedDuringPeriodValueVestingOfRestrictedStockAwardAndShareOptions

4,000

Stock Issued During Period, Value, Vesting of Restricted Stock Award And Share Options

wrd_StockIssuedDuringPeriodValueVestingOfRestrictedStockAwardAndShareOptions

(4,000)

Ifrs Share-Based Payment Arrangement, Decrease for Tax Withholding Obligation

wrd_IfrsShareBasedPaymentArrangementDecreaseForTaxWithholdingObligation

50,846,000

Ifrs Share-Based Payment Arrangement, Decrease for Tax Withholding Obligation

wrd_IfrsShareBasedPaymentArrangementDecreaseForTaxWithholdingObligation

50,846,000

Purchase of Time Deposits

wrd_PurchaseOfTimeDeposits

100,000,000

Purchase of Time Deposits

wrd_PurchaseOfTimeDeposits

901,655,000

Proceeds from maturity of time deposits

wrd_ProceedsFromMaturityOfTimeDeposits

(468,569,000)

Proceeds from maturity of time deposits

wrd_ProceedsFromMaturityOfTimeDeposits

(101,650,000)

Payment for a loan to an employee

wrd_PaymentForALoanToAnEmployee

359,000

Proceeds from collection of a loan to an employee

wrd_ProceedsFromCollectionOfALoanToAnEmployee

19,088,000

Payments Of Capital Of Lease Liabilities Classified As Financing Activities

wrd_PaymentsOfCapitalOfLeaseLiabilitiesClassifiedAsFinancingActivities

26,810,000

Payments Of Capital Of Lease Liabilities Classified As Financing Activities

wrd_PaymentsOfCapitalOfLeaseLiabilitiesClassifiedAsFinancingActivities

24,578,000

PaymentsOfIntrestOfLeaseLiabilitiesClassifiedAsFinancingActivities

wrd_Paymentsofintrestofleaseliabilitiesclassifiedasfinancingactivities

1,660,000

PaymentsOfIntrestOfLeaseLiabilitiesClassifiedAsFinancingActivities

wrd_Paymentsofintrestofleaseliabilitiesclassifiedasfinancingactivities

1,330,000

Payment Of Listing Expenses Relating To The Initial Public Offering

wrd_PaymentOfListingExpensesRelatingToTheInitialPublicOffering

10,762,000

Payment Of Withholding Tax Arising From The Settlement Of Vested Restricted Share Units

wrd_PaymentOfWithholdingTaxArisingFromTheSettlementOfVestedRestrictedShareUnits

50,846,000

Proceeds From Short Term Bank Loan

wrd_ProceedsFromShortTermBankLoan

72,223,000

Proceeds From Short Term Bank Loan

wrd_ProceedsFromShortTermBankLoan

224,636,000

Ifrs Repayments Of Long-Term Bank Loan

wrd_IfrsRepaymentsOfLongTermBankLoan

2,500,000

Ifrs Repayments Of Long-Term Bank Loan

wrd_IfrsRepaymentsOfLongTermBankLoan

¥ 63,900,000

Stock Conversion Ratio

wrd_StockConversionRatio

Vote Per Share

wrd_VotePerShare

Vote Per Share

wrd_VotePerShare

Vote Per Share

wrd_VotePerShare

Schedule of Weighted Average Number Of Ordinary Shares Explanatory[Table Text Block]

wrd_DisclosureWeightedAverageNumberOfOrdinarySharesExplanatoryTableTextBlock

(i)	Weighted average number of Class A and Class B ordinary shares for the purpose of basic loss per Class A and Class B ordinary share


		For the six months ended
		June 30,
		2025		2026
		Number of		Number of
		shares		shares
		(in ‘000)		(in ‘000)
Issued Class A and Class B ordinary shares as of January 1		826,214		999,268
Effect of ordinary shares issued		30,191		2,239
Effect of Class A ordinary shares surrendered		*		—
Effect of ordinary shares deemed to be in issue		50,451		14,118
Effect of repurchase of Class A ordinary shares		—		(14,544)
Weighted average number of Class A and Class B ordinary shares for the period		906,856		1,001,081

* Represents shares less than 1,000.

Note:

(i)	The ordinary shares deemed to be in issue represent the vested RSUs granted to qualified directors and employees.

IFRS Number of Shares Issued

wrd_IfrsNumberOfSharesIssued

826,214,000

IFRS Number of Shares Issued

wrd_IfrsNumberOfSharesIssued

999,268,000

IFRS Weighted Average Number of Shares Issued, Basic

wrd_IfrsWeightedAverageNumberOfSharesIssuedBasic

30,191,000

IFRS Weighted Average Number of Shares Issued, Basic

wrd_IfrsWeightedAverageNumberOfSharesIssuedBasic

2,239,000

Weighted Average Number of Shares Deemed to be Issued

wrd_WeightedAverageNumberOfSharesDeemedToBeIssued

50,451,000

Weighted Average Number of Shares Deemed to be Issued

wrd_WeightedAverageNumberOfSharesDeemedToBeIssued

14,118,000

IFRS Weighted Average Number of Shares, Common Stock Subject to Repurchase or Cancellation

wrd_IfrsWeightedAverageNumberOfSharesCommonStockSubjectToRepurchaseOrCancellation

(14,544,000)

Weighted Average Number of Shares, Shares Surrendered

wrd_WeightedAverageNumberOfSharesSharesSurrendered

1,000

Deposits for Renting office Non Current

wrd_DepositsForRentingOfficeNonCurrent

¥ 7,001,000

^[1]

Deposits for Letter of Guarantee, Non-current

wrd_DepositsForLetterOfGuaranteeNonCurrent

6,487,000

Deposits for Letter of Guarantee, Non-current

wrd_DepositsForLetterOfGuaranteeNonCurrent

3,987,000

Deposits for Renting office Current

wrd_DepositsForRentingOfficeCurrent

6,488,000

^[1]

Deposits for Letter of Guarantee and Credit Cards, Current

wrd_DepositsForLetterOfGuaranteeAndCreditCardsCurrent

6,422,000

Deposits for Letter of Guarantee and Credit Cards, Current

wrd_DepositsForLetterOfGuaranteeAndCreditCardsCurrent

¥ 10,420,000

Disclosure of Inventories in Consolidated Financial Statements Explanatory [Text Block]

wrd_DisclosureOfInventoriesInConsolidatedFinancialStatementsExplanatoryTextBlock

(a) Inventories comprise:


		As of December 31,		As of June 30,
		2025		2026
		RMB’000		RMB’000
Production supplies		72,840		127,965
Work in progress (Note (i))		248,181		311,147
		321,021		439,112

Note:

(i)Work in progress represents vehicles in the process of deployment for sale.

Disclosure of Inventories Recognized as Cost of Revenue Explanatory [Text Block]

wrd_DisclosureOfInventoriesRecognizedAsCostOfRevenueExplanatoryTextBlock

(b)	The analysis of the amount of inventories recognized as cost of revenue and included in profit or loss is as follows:


	For the six months ended June 30,
	2025	2026
	RMB’000	RMB’000
Carrying amounts of inventories sold	34,070	64,484
Write-down of inventories	1,391	2,877
	35,461	67,361

Cost of inventories

wrd_CostOfInventories

¥ 35,461,000

Cost of inventories

wrd_CostOfInventories

¥ 67,361,000

Disclosure Of Financial Assets At Fair Value Through Profit Or Loss Explanatory

wrd_DisclosureOfFinancialAssetsAtFairValueThroughProfitOrLossExplanatory

17FINANCIAL ASSETS AT FVTPL


		As of December 31,		As of June 30,
		2025		2026
		RMB’000		RMB’000

Non-current
– Investment in a listed company (Note (i))		36,774		23,015
– Investment in private funds (Note (ii))		151,309		229,396
		188,083		252,411
Current
– Non-equity investments (Note (iii))		144,252		2,293
		144,252		2,293
		332,335		254,704

Notes:

(i)

In 2024, the Company purchased 4,416,000 ordinary shares of a listed company with a total consideration of US$20.0 million, or US$4.53 per share. The investment was initially recorded at US$20.0 million (equivalent to RMB138.7 million) and subsequently measured at fair value. The Company recognized a loss of US$ 1.9 million (equivalent to RMB12.8 million) relating to this investment in fair value changes for the six months ended June 30, 2026.

(ii)

In 2025, the Group invested in two private funds in Chinese Mainland with total consideration of RMB81.9 million and one overseas private fund with consideration of US$10.0 million (equivalent to RMB70.3 million), respectively. In January 2026, the Group further invested in the two private funds in Chinese Mainland with additional injection of RMB11.5 million and RMB43.1 million, respectively, and invested another new overseas private fund, with total consideration of US$2.9 million (equivalent to RMB20.0 million). The Group did not have any control over these funds and these investments were measured at fair value with changes recorded through profit or loss, which was inconsequential for the six months ended June 30, 2026.

(iii)

The non-equity investments represent wealth management products issued by banks with variable returns. The variable returns of these wealth management products are determined by the performance of underlying assets including government bonds and money market funds. These financial assets are measured at fair value with changes recorded through profit or loss.

Please see more information about the fair value valuation in Note 25.

Tabular Disclosure Of Financial Assets At Fair Value Through Profit Or Loss Explanatory

wrd_TabularDisclosureOfFinancialAssetsAtFairValueThroughProfitOrLossExplanatory


		As of December 31,		As of June 30,
		2025		2026
		RMB’000		RMB’000

Non-current
– Investment in a listed company (Note (i))		36,774		23,015
– Investment in private funds (Note (ii))		151,309		229,396
		188,083		252,411
Current
– Non-equity investments (Note (iii))		144,252		2,293
		144,252		2,293
		332,335		254,704

Notes:

(i)

(ii)

(iii)

Subscription Of Common Share

wrd_SubscriptionOfCommonShare

4,416,000

Subscription Of Common Share Value

wrd_SubscriptionOfCommonShareValue

¥ 20,000,000

Fair Value Loss On Financial Assets At Fair Value Through Profit Or Loss

wrd_FairValueLossOnFinancialAssetsAtFairValueThroughProfitOrLoss

¥ 1,900,000

Fair Value Loss On Financial Assets At Fair Value Through Profit Or Loss

wrd_FairValueLossOnFinancialAssetsAtFairValueThroughProfitOrLoss

¥ 12,800,000

Number Of Private Funds Investments

wrd_NumberOfPrivateFundsInvestments

Number Of Private Funds Investments

wrd_NumberOfPrivateFundsInvestments

Number Of Private Funds Investments

wrd_NumberOfPrivateFundsInvestments

Payments For Private Investment Funds