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

USD

	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

Last Updated on 2 Jun, 2023