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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. The company was founded in August 2009 and is headquartered in Beijing, China.

Financial Highlights

Dec 2022 USD
Revenue1,836.33M1,836.33M
Gross Profit1,435.74M1,435.74M
Operating income490.64M490.64M
Income before tax152.15M152.15M
Net income85.55M85.55M
EBITDA556.79M556.79M
Diluted EPS0.360.36
Dividends Per Share00
Total Assets7,129.45M7,129.45M
Total liabilities3,738.91M3,738.91M
Total equity3,330.25M3,330.25M
Operating cash flow574.23M574.23M
Currency in USDCurrency in USD

Historical Data

 Dec 2018Dec 2019Dec 2020Dec 2021Dec 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 2018Dec 2019Dec 2020Dec 2021Dec 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
PER52.55
ROA1.16%
ROE2.47%
Operating margin26.71%
Profit margin4.65%

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

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