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Technology Services

Weibo Corp.

Business Summary

Weibo Corp. engages in the creation, distribution, and discovery of Chinese-language content. It operates through the Advertising and Marketing Services, and Other Services segments. Its products and services include Self-Expression, such as Feed, Individual page, and Enterprise page; Social Products, such as Follow, Repost, Comment, Favorite, like, Mention, Messenger, and Group Chat; Discovery Products, such as Information Feed, Search, Object Page, Trends, and Discovery Channel; Notifications; Weibo Games; VIP Membership; and Weibo Apps. The company was founded in August 2009 and is headquartered in Beijing, China.

Financial Highlights

Dec 2020 USD
Revenue1,692.83M1,692.83M
Gross Profit1,390.13M1,390.13M
Operating income507.67M507.67M
Income before tax366.10M366.10M
Net income313.90M313.90M
EBITDA543.81M543.81M
Diluted EPS1.371.37
Dividends Per Share00
Total Assets6,335.12M6,335.12M
Total liabilities3,448.78M3,448.78M
Total equity2,812.42M2,812.42M
Operating cash flow742.92M742.92M
Currency in USDCurrency in USD

Historical Data

 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 654.48M 1,153.95M 1,716.97M 1,769.95M 1,692.83M
Gross Profit 483.59M 921.91M 1,439.57M 1,440.56M 1,390.13M
Operating income 140.69M 408.93M 619.26M 598.61M 507.67M
Income before tax 109.88M 417.49M 668.18M 616.65M 366.10M
Net income 107.81M 353.78M 571.30M 495.52M 313.90M
EBITDA 154.65M 424.31M 639.09M 628.22M 543.81M
Diluted EPS 0.47 1.56 2.52 2.18 1.37
Dividends Per Share 0 0 0 0 0
Total Assets 1,036.97M 2,561.77M 3,274.64M 4,804.16M 6,335.12M
Total liabilities 279.59M 1,367.00M 1,526.52M 2,522.35M 3,448.78M
Total equity 753.24M 1,192.56M 1,745.44M 2,283.25M 2,812.42M
Operating cash flow 235.77M 540.98M 487.56M 632.74M 742.92M
 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 654.48M 1,153.95M 1,716.97M 1,769.95M 1,692.83M
Gross Profit 483.59M 921.91M 1,439.57M 1,440.56M 1,390.13M
Operating income 140.69M 408.93M 619.26M 598.61M 507.67M
Income before tax 109.88M 417.49M 668.18M 616.65M 366.10M
Net income 107.81M 353.78M 571.30M 495.52M 313.90M
EBITDA 154.65M 424.31M 639.09M 628.22M 543.81M
Diluted EPS 0.47 1.56 2.52 2.18 1.37
Dividends Per Share 0 0 0 0 0
Total Assets 1,036.97M 2,561.77M 3,274.64M 4,804.16M 6,335.12M
Total liabilities 279.59M 1,367.00M 1,526.52M 2,522.35M 3,448.78M
Total equity 753.24M 1,192.56M 1,745.44M 2,283.25M 2,812.42M
Operating cash flow 235.77M 540.98M 487.56M 632.74M 742.92M

Valuation Measures

Dec 2020
PER29.63
ROA5.63%
ROE12.32%
Operating margin29.98%
Profit margin18.54%

Key executives

  • Chief Executive Officer: Gao Fei Wang
  • Chief Financial Officer & Vice President-Finance: Fei Cao
  • Vice President-Advertising Business: Ya Juan Wang

Shareholders

  • Alibaba Group Holding Ltd. (Investment Management) (7.2%)
  • Morgan Stanley & Co. LLC (4.1%)
  • Invesco Hong Kong Ltd. (3.6%)
  • Wells Capital Management, Inc. (3.2%)
  • Schroder Investment Management (Hong Kong) Ltd. (3.2%)
  • Invesco Advisers, Inc. (2.4%)
  • T. Rowe Price Associates, Inc. (Investment Management) (2.0%)
  • ARGA Investment Management LP (1.7%)
  • Canada Pension Plan Investment Board (1.4%)
  • EARNEST Partners LLC (1.4%)

Contact Details

  • Website:http://www.weibo.com
  • Address: 8/F, QIHAO Plaza, No. 8 Xinyuan S. Road, Beijing, 100027, China
  • Phone: +86.10.5898.3017

Related Companies

  • Weibo Hong Kong Ltd.

Competitors

  • Twitter, Inc.
  • Facebook, Inc. Class A
  • Momo Inc Sponsored ADR Class A
  • iQIYI, Inc. Sponsored ADR Class A
  • Baidu, Inc. Class A
  • Kakao Corp.
  • Alphabet Inc. Class A
  • Tencent Holdings Ltd.
  • 360 Security Technology, Inc. Class A
  • Alibaba Group Holding Ltd.
  • Autohome Inc Class A
  • Bilibili, Inc. Class Z
  • JOYY, Inc. Sponsored ADR Class A
  • Meituan Class B
  • NetEase, Inc
  • Phoenix New Media Ltd. Sponsored ADR Class A
  • Qutoutiao, Inc. Sponsored ADR Class A
  • Snap, Inc. Class A
  • Sohu.com Limited Sponsored ADR
  • A.C.N. 059 457 279 Limited
Last Updated on 21 Jun, 2021

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