ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronEye IconIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintSite TitleTitle ChevronIcon Twitter
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 2019 USD
Revenue1,769.95M1,769.95M
Gross Profit1,440.56M1,440.56M
Operating income598.61M598.61M
Income before tax616.65M616.65M
Net income495.52M495.52M
EBITDA628.22M628.22M
Diluted EPS2.182.18
Dividends Per Share----
Total Assets4,804.16M4,804.16M
Total liabilities2,522.35M2,522.35M
Total equity2,283.25M2,283.25M
Operating cash flow632.74M632.74M
Currency in USDCurrency in USD

Historical Data

 Dec 2015Dec 2016Dec 2017Dec 2018Dec 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 2015Dec 2016Dec 2017Dec 2018Dec 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
PER21.08
ROA12.26%
ROE24.59%
Operating margin33.82%
Profit margin27.99%

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

  • Twitter, Inc.
  • Facebook, 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
  • JOYY, Inc. Sponsored ADR Class A
  • LINE Corp.
  • Momo Inc Sponsored ADR Class A
  • NetEase, Inc
  • Phoenix New Media Ltd. Sponsored ADR Class A
  • Snap, Inc. Class A
  • Sohu.com Limited Sponsored ADR
  • Trip.com Group Ltd. Sponsored ADR
  • A.C.N. 059 457 279 Limited
Last Updated on 10 Jul, 2020

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

Stay ahead with our exclusives on Asia;
the most dynamic market in the world.

Stay ahead with our exclusives on Asia

Get trusted insights from experts within Asia itself.

Get trusted insights from experts
within Asia itself.

Get Unlimited access

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

This is your last free article this month

Stay ahead with our exclusives on Asia; the most
dynamic market in the world
.

Get trusted insights from experts
within Asia itself.

Try 3 months for $9

Offer ends July 31st

Your trial period has expired

You need a subscription to...

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers and subscribe

Your full access to the Nikkei Asian Review has expired

You need a subscription to:

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers
NAR on print phone, device, and tablet media