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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 2018 USD
Revenue1,716.97M1,716.97M
Gross Profit1,439.57M1,439.57M
Operating income619.26M619.26M
Income before tax668.18M668.18M
Net income571.30M571.30M
EBITDA639.09M639.09M
Diluted EPS2.522.52
Dividends Per Share----
Total Assets3,274.64M3,274.64M
Total liabilities1,526.52M1,526.52M
Total equity1,745.44M1,745.44M
Operating cash flow487.56M487.56M
Currency in USDCurrency in USD

Historical Data

 Dec 2014Dec 2015Dec 2016Dec 2017Dec 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 2014Dec 2015Dec 2016Dec 2017Dec 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
PER22.88
ROA19.57%
ROE38.89%
Operating margin36.06%
Profit margin33.27%

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
  • Baidu, Inc. Sponsored ADR Class A
  • 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
Last Updated on 11 Dec, 2019

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