Technology Services
Weibo Corp.
In the news
- Weibo's new manga platform snaps up users Sep 2, 2019
- Hang Lung Group, other stocks added to MSCI indexes rise Nov 15, 2016
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 2018 | USD | |
| Revenue | 1,716.97M | 1,716.97M |
| Gross Profit | 1,439.57M | 1,439.57M |
| Operating income | 619.26M | 619.26M |
| Income before tax | 668.18M | 668.18M |
| Net income | 571.30M | 571.30M |
| EBITDA | 639.09M | 639.09M |
| Diluted EPS | 2.52 | 2.52 |
| Dividends Per Share | -- | -- |
| Total Assets | 3,274.64M | 3,274.64M |
| Total liabilities | 1,526.52M | 1,526.52M |
| Total equity | 1,745.44M | 1,745.44M |
| Operating cash flow | 487.56M | 487.56M |
| Currency in USD | Currency in USD |
Historical Data
| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | |
| Revenue | 332.86M | 477.59M | 654.11M | 1,153.95M | 1,716.97M |
| Gross Profit | 249.59M | 335.72M | 483.32M | 921.91M | 1,439.57M |
| Operating income | -22.01M | 37.47M | 140.61M | 408.93M | 619.26M |
| Income before tax | -64.08M | 36.76M | 109.82M | 417.49M | 668.18M |
| Net income | -65.06M | 34.72M | 107.74M | 353.78M | 571.30M |
| EBITDA | 0.95M | 58.41M | 154.56M | 424.31M | 639.09M |
| Diluted EPS | -0.34 | 0.15 | 0.47 | 1.56 | 2.52 |
| Dividends Per Share | 0 | 0 | 0 | 0 | -- |
| Total Assets | 697.63M | 839.20M | 1,037.72M | 2,561.77M | 3,274.64M |
| Total liabilities | 134.98M | 211.16M | 279.79M | 1,367.00M | 1,526.52M |
| Total equity | 554.52M | 620.68M | 753.79M | 1,192.56M | 1,745.44M |
| Operating cash flow | -27.53M | 181.85M | 235.63M | 540.98M | 487.56M |
| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | |
| Revenue | 332.86M | 477.59M | 654.11M | 1,153.95M | 1,716.97M |
| Gross Profit | 249.59M | 335.72M | 483.32M | 921.91M | 1,439.57M |
| Operating income | -22.01M | 37.47M | 140.61M | 408.93M | 619.26M |
| Income before tax | -64.08M | 36.76M | 109.82M | 417.49M | 668.18M |
| Net income | -65.06M | 34.72M | 107.74M | 353.78M | 571.30M |
| EBITDA | 0.95M | 58.41M | 154.56M | 424.31M | 639.09M |
| Diluted EPS | -0.34 | 0.15 | 0.47 | 1.56 | 2.52 |
| Dividends Per Share | 0 | 0 | 0 | 0 | -- |
| Total Assets | 697.63M | 839.20M | 1,037.72M | 2,561.77M | 3,274.64M |
| Total liabilities | 134.98M | 211.16M | 279.79M | 1,367.00M | 1,526.52M |
| Total equity | 554.52M | 620.68M | 753.79M | 1,192.56M | 1,745.44M |
| Operating cash flow | -27.53M | 181.85M | 235.63M | 540.98M | 487.56M |
Valuation Measures
| Dec 2018 | |
| PER | 22.88 |
| ROA | 19.57% |
| ROE | 38.89% |
| Operating margin | 36.06% |
| Profit margin | 33.27% |
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) (7.3%)
- Schroder Investment Management (Hong Kong) Ltd. (4.1%)
- Invesco Hong Kong Ltd. (3.2%)
- Fisher Asset Management LLC (3.2%)
- Platinum Investment Management Ltd. (2.5%)
- Wells Capital Management, Inc. (2.2%)
- Citigroup Global Markets, Inc. (Investment Management) (1.7%)
- BlackRock Fund Advisors (1.5%)
- The Vanguard Group, Inc. (1.5%)
- Harding Loevner LP (1.1%)
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
- WB Online Investment Ltd.
- Weibo Internet Technology (China) Co. Ltd.
Competitors
- Twitter, Inc.
- Facebook, Inc. Class A
- Snap, Inc. Class A
- iQIYI, Inc. Sponsored ADR Class A
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- Kakao Corp.
- Tencent Holdings Ltd.
- Alphabet Inc. Class A
- 360 Security Technology, Inc. Class A
- Alibaba Group Holding Ltd.
- Autohome, Inc. Sponsored ADR Class A
- Bitauto Holdings Ltd. Sponsored ADR
- Focus Media Information Technology Co Ltd Class A
- LINE Corp.
- Momo Inc Sponsored ADR Class A
- NetEase, Inc. Sponsored ADR
- Phoenix New Media Ltd. Sponsored ADR Class A
- Sohu.com Limited Sponsored ADR
- Trip.com Group Ltd. Sponsored ADR
- YY, Inc. Sponsored ADR Class A
- A.C.N. 059 457 279 Limited
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Last Updated on 11 Dec, 2019