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 2019 | USD | |
| Revenue | 1,769.95M | 1,769.95M |
| Gross Profit | 1,440.56M | 1,440.56M |
| Operating income | 598.61M | 598.61M |
| Income before tax | 616.65M | 616.65M |
| Net income | 495.52M | 495.52M |
| EBITDA | 628.22M | 628.22M |
| Diluted EPS | 2.18 | 2.18 |
| Dividends Per Share | -- | -- |
| Total Assets | 4,804.16M | 4,804.16M |
| Total liabilities | 2,522.35M | 2,522.35M |
| Total equity | 2,283.25M | 2,283.25M |
| Operating cash flow | 632.74M | 632.74M |
| Currency in USD | Currency in USD |
Historical Data
| Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | |
| Revenue | 477.66M | 654.48M | 1,153.95M | 1,716.97M | 1,769.95M |
| Gross Profit | 335.77M | 483.59M | 921.91M | 1,439.57M | 1,440.56M |
| Operating income | 37.48M | 140.69M | 408.93M | 619.26M | 598.61M |
| Income before tax | 36.76M | 109.88M | 417.49M | 668.18M | 616.65M |
| Net income | 34.72M | 107.81M | 353.78M | 571.30M | 495.52M |
| EBITDA | 58.42M | 154.65M | 424.31M | 639.09M | 628.22M |
| Diluted EPS | 0.15 | 0.47 | 1.56 | 2.52 | 2.18 |
| Dividends Per Share | 0 | 0 | 0 | -- | -- |
| Total Assets | 839.20M | 1,036.97M | 2,561.77M | 3,274.64M | 4,804.16M |
| Total liabilities | 211.16M | 279.59M | 1,367.00M | 1,526.52M | 2,522.35M |
| Total equity | 620.68M | 753.24M | 1,192.56M | 1,745.44M | 2,283.25M |
| Operating cash flow | 181.88M | 235.77M | 540.98M | 487.56M | 632.74M |
| Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | |
| Revenue | 477.66M | 654.48M | 1,153.95M | 1,716.97M | 1,769.95M |
| Gross Profit | 335.77M | 483.59M | 921.91M | 1,439.57M | 1,440.56M |
| Operating income | 37.48M | 140.69M | 408.93M | 619.26M | 598.61M |
| Income before tax | 36.76M | 109.88M | 417.49M | 668.18M | 616.65M |
| Net income | 34.72M | 107.81M | 353.78M | 571.30M | 495.52M |
| EBITDA | 58.42M | 154.65M | 424.31M | 639.09M | 628.22M |
| Diluted EPS | 0.15 | 0.47 | 1.56 | 2.52 | 2.18 |
| Dividends Per Share | 0 | 0 | 0 | -- | -- |
| Total Assets | 839.20M | 1,036.97M | 2,561.77M | 3,274.64M | 4,804.16M |
| Total liabilities | 211.16M | 279.59M | 1,367.00M | 1,526.52M | 2,522.35M |
| Total equity | 620.68M | 753.24M | 1,192.56M | 1,745.44M | 2,283.25M |
| Operating cash flow | 181.88M | 235.77M | 540.98M | 487.56M | 632.74M |
Valuation Measures
| Dec 2019 | |
| PER | 21.08 |
| ROA | 12.26% |
| ROE | 24.59% |
| Operating margin | 33.82% |
| Profit margin | 27.99% |
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) (7.2%)
- Schroder Investment Management (Hong Kong) Ltd. (4.8%)
- Fisher Asset Management LLC (2.7%)
- Invesco Hong Kong Ltd. (2.7%)
- Wells Capital Management, Inc. (2.4%)
- Citigroup Global Markets, Inc. (Investment Management) (1.7%)
- The Vanguard Group, Inc. (1.4%)
- BlackRock Fund Advisors (1.3%)
- Hermes Investment Management Ltd. (1.1%)
- SSgA Funds Management, Inc. (1.0%)
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
- Weibo Internet Technology (China) Co. Ltd.
Competitors
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Last Updated on 10 Jul, 2020