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 2020
USD Revenue 1,692.83M 1,692.83M Gross Profit 1,390.13M 1,390.13M Operating income 507.67M 507.67M Income before tax 366.10M 366.10M Net income 313.90M 313.90M EBITDA 543.81M 543.81M Diluted EPS 1.37 1.37 Dividends Per Share 0 0 Total Assets 6,335.12M 6,335.12M Total liabilities 3,448.78M 3,448.78M Total equity 2,812.42M 2,812.42M Operating cash flow 742.92M 742.92M Currency in USD Currency in USD
Historical Data Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020 Revenue
654.48M
1,153.95M
1,716.97M
1,769.95M
1,692.83M
Gross Profit
483.59M
921.91M
1,439.57M
1,440.56M
1,390.13M
Operating income
140.69M
408.93M
619.26M
598.61M
507.67M
Income before tax
109.88M
417.49M
668.18M
616.65M
366.10M
Net income
107.81M
353.78M
571.30M
495.52M
313.90M
EBITDA
154.65M
424.31M
639.09M
628.22M
543.81M
Diluted EPS
0.47
1.56
2.52
2.18
1.37
Dividends Per Share
0
0
0
0
0
Total Assets
1,036.97M
2,561.77M
3,274.64M
4,804.16M
6,335.12M
Total liabilities
279.59M
1,367.00M
1,526.52M
2,522.35M
3,448.78M
Total equity
753.24M
1,192.56M
1,745.44M
2,283.25M
2,812.42M
Operating cash flow
235.77M
540.98M
487.56M
632.74M
742.92M
Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020 Revenue
654.48M
1,153.95M
1,716.97M
1,769.95M
1,692.83M
Gross Profit
483.59M
921.91M
1,439.57M
1,440.56M
1,390.13M
Operating income
140.69M
408.93M
619.26M
598.61M
507.67M
Income before tax
109.88M
417.49M
668.18M
616.65M
366.10M
Net income
107.81M
353.78M
571.30M
495.52M
313.90M
EBITDA
154.65M
424.31M
639.09M
628.22M
543.81M
Diluted EPS
0.47
1.56
2.52
2.18
1.37
Dividends Per Share
0
0
0
0
0
Total Assets
1,036.97M
2,561.77M
3,274.64M
4,804.16M
6,335.12M
Total liabilities
279.59M
1,367.00M
1,526.52M
2,522.35M
3,448.78M
Total equity
753.24M
1,192.56M
1,745.44M
2,283.25M
2,812.42M
Operating cash flow
235.77M
540.98M
487.56M
632.74M
742.92M
Valuation Measures
Dec 2020
PER 29.63 ROA 5.63% ROE 12.32% Operating margin 29.98% Profit margin 18.54%
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%)
Morgan Stanley & Co. LLC (4.1%)
Invesco Hong Kong Ltd. (3.6%)
Wells Capital Management, Inc. (3.2%)
Schroder Investment Management (Hong Kong) Ltd. (3.2%)
Invesco Advisers, Inc. (2.4%)
T. Rowe Price Associates, Inc. (Investment Management) (2.0%)
ARGA Investment Management LP (1.7%)
Canada Pension Plan Investment Board (1.4%)
EARNEST Partners LLC (1.4%)
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
Competitors
Twitter, Inc.
Facebook, Inc. Class A
Momo Inc Sponsored ADR Class A
iQIYI, Inc. Sponsored ADR Class A
Baidu, Inc. Class A
Kakao Corp.
Alphabet Inc. Class A
Tencent Holdings Ltd.
360 Security Technology, Inc. Class A
Alibaba Group Holding Ltd.
Autohome Inc Class A
Bilibili, Inc. Class Z
JOYY, Inc. Sponsored ADR Class A
Meituan Class B
NetEase, Inc
Phoenix New Media Ltd. Sponsored ADR Class A
Qutoutiao, Inc. Sponsored ADR Class A
Snap, Inc. Class A
Sohu.com Limited Sponsored ADR
A.C.N. 059 457 279 Limited
Copyright © 2021 FactSet Research Systems Inc. All rights reserved.
Last Updated on 21 Jun, 2021
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