Is WeRide Inc. (WRD) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 6.6% / 30% | 301.4% / 30% | 20.0% / 30% | 48.99% / 5% | ✗ NOT HALAL |
| DJIM | 6.6% / 33% | 301.4% / 33% | 20.0% / 33% | 48.99% / 5% | ✗ NOT HALAL |
| MSCI | 1.9% / 33% | 85.4% / 33% | 5.7% / 33% | 48.99% / 5% | ✗ NOT HALAL |
| S&P | 6.6% / 33% | 301.4% / 33% | 20.0% / 33% | 48.99% / 5% | ✗ NOT HALAL |
| FTSE | 1.9% / 33% | 85.4% / 33% | 5.7% / 50% | 48.99% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 30.2% | |
| Operating Margin | -183.8% | |
| Net Margin | -241.7% | |
| Return on Equity (ROE) | -22.1% | |
| Return on Assets (ROA) | -13.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$594M |
| Free Cash Flow | -$679M |
| Total Debt | $143M |
| Debt-to-Equity | 4.8 |
| Current Ratio | 8.2 |
| Total Assets | $7.7B |
Price & Trading
| Last Close | $7.64 |
| 50-Day MA | $7.43 |
| 200-Day MA | $8.82 |
| Avg Volume | 4.0M |
|
52-Week Range
$6.00
| |
About WeRide Inc. (WRD)
WeRide Inc., an investment holding company, provides autonomous driving products and solutions for mobility, logistics, and sanitation industries in the People's Republic of China. Its product categories include robotaxis, robobus, robovan, and robosweeper. The company also offers advanced driver-assistance system solutions; and WeRide Go app, an online ride-hailing platform. It has a strategic alliance with ELEVATE Slovakia to launch autonomous driving programs in Slovekia. WeRide Inc. was incorporated in 2017 and is headquartered in Guangzhou, the People's Republic of China.
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Frequently Asked Questions
Is WeRide Inc. (WRD) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), WeRide Inc. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is WeRide Inc.'s debt ratio?
WeRide Inc.'s debt ratio is 6.6% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 1.9%.
What are WeRide Inc.'s key financial metrics?
WeRide Inc. has a market capitalization of $2.4B, and revenue of $361M. The company maintains a gross margin of 30.2% and a net margin of -241.7%. Return on equity stands at -22.1%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.