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. The company was founded in August 2009 and is headquartered in Beijing, China.
Financial Highlights
Dec 2022
USD Revenue 1,836.33M 1,836.33M Gross Profit 1,435.74M 1,435.74M Operating income 490.64M 490.64M Income before tax 152.15M 152.15M Net income 85.55M 85.55M EBITDA 556.79M 556.79M Diluted EPS 0.36 0.36 Dividends Per Share 0 0 Total Assets 7,129.45M 7,129.45M Total liabilities 3,738.91M 3,738.91M Total equity 3,330.25M 3,330.25M Operating cash flow 574.23M 574.23M Currency in USD Currency in USD
Historical Data Dec 2018 Dec 2019 Dec 2020 Dec 2021 Dec 2022 Revenue
1,718.51M
1,766.91M
1,689.93M
2,257.08M
1,836.33M
Gross Profit
1,440.87M
1,438.08M
1,387.75M
1,853.24M
1,435.74M
Operating income
619.81M
597.58M
506.79M
697.41M
490.64M
Income before tax
668.78M
615.59M
365.47M
536.50M
152.15M
Net income
571.82M
494.67M
313.36M
428.31M
85.55M
EBITDA
639.66M
627.14M
542.87M
758.64M
556.79M
Diluted EPS
2.52
2.18
1.37
1.86
0.36
Dividends Per Share
0
0
0
0
0
Total Assets
3,274.68M
4,804.18M
6,335.11M
7,519.52M
7,129.45M
Total liabilities
1,526.54M
2,522.36M
3,448.78M
3,831.50M
3,738.91M
Total equity
1,745.45M
2,283.26M
2,812.42M
3,593.82M
3,330.25M
Operating cash flow
488.00M
631.65M
741.64M
814.02M
574.23M
Dec 2018 Dec 2019 Dec 2020 Dec 2021 Dec 2022 Revenue
1,718.51M
1,766.91M
1,689.93M
2,257.08M
1,836.33M
Gross Profit
1,440.87M
1,438.08M
1,387.75M
1,853.24M
1,435.74M
Operating income
619.81M
597.58M
506.79M
697.41M
490.64M
Income before tax
668.78M
615.59M
365.47M
536.50M
152.15M
Net income
571.82M
494.67M
313.36M
428.31M
85.55M
EBITDA
639.66M
627.14M
542.87M
758.64M
556.79M
Diluted EPS
2.52
2.18
1.37
1.86
0.36
Dividends Per Share
0
0
0
0
0
Total Assets
3,274.68M
4,804.18M
6,335.11M
7,519.52M
7,129.45M
Total liabilities
1,526.54M
2,522.36M
3,448.78M
3,831.50M
3,738.91M
Total equity
1,745.45M
2,283.26M
2,812.42M
3,593.82M
3,330.25M
Operating cash flow
488.00M
631.65M
741.64M
814.02M
574.23M
Valuation Measures
Dec 2022
PER 52.55 ROA 1.16% ROE 2.47% Operating margin 26.71% Profit margin 4.65%
Key executives
Chief Executive Officer & Director:
Gao Fei Wang
Chief Operating Officer:
Wei Wang
Chief Financial Officer:
Fei Cao
Senior Vice President-Operation:
Zenghui Cao
Senior Vice President-Advertising Business:
Jing Dong Ge Shareholders
Alibaba Group Holding Ltd. (Investment Management) (6.0%)
ARGA Investment Management LP (4.0%)
Allspring Global Investments LLC (3.3%)
Hermes Investment Management Ltd. (2.7%)
Krane Funds Advisors LLC (2.1%)
Maple Rock Capital Partners, Inc. (1.9%)
Morgan Stanley & Co. LLC (1.6%)
BlackRock Fund Advisors (1.4%)
The Vanguard Group, Inc. (1.4%)
Norges Bank Investment Management (1.3%)
Contact Details Website: http://ir.weibo.com Address:
8/F, QIHAO Plaza,
No. 8 Xinyuan S. Road,
Beijing,
100027,
China
Phone:
+86.10.5898.3017
Related Companies
Weibo Holding (Singapore) Pte Ltd
WB Online Investment Ltd.
Weibo Hong Kong Ltd.
Competitors
Pinterest, Inc. Class A
Meta Platforms Inc. Class A
iQIYI, Inc. Sponsored ADR Class A
Baidu, Inc. Class A
Kakao Corp.
Tencent Holdings Ltd.
Alphabet Inc. Class A
Alibaba Group Holding Limited
Autohome Inc Class A
Bilibili, Inc. Class Z
Meituan Class B
Netease Inc
Snap, Inc. Class A
Copyright © 2023 FactSet Research Systems Inc. All rights reserved.
Last Updated on 2 Jun, 2023
Take your reading anywhere with offline reading functions Never miss a story with breaking news alerts Customize your reading experience
Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.
Celebrate our next chapter
Free access for everyone - Sep. 30
Find out more
By continuing to browse this website, you accept cookies which are used for several reasons such as personalizing content/ads and analyzing how this website is used. Please review our
Cookie Policy
to learn how you can update your cookie settings.
Accept & Continue
Close