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 2021
USD Revenue 2,257.08M 2,257.08M Gross Profit 1,853.24M 1,853.24M Operating income 697.41M 697.41M Income before tax 536.50M 536.50M Net income 428.31M 428.31M EBITDA 758.64M 758.64M Diluted EPS 1.86 1.86 Dividends Per Share 0 0 Total Assets 7,519.52M 7,519.52M Total liabilities 3,831.50M 3,831.50M Total equity 3,593.82M 3,593.82M Operating cash flow 814.02M 814.02M Currency in USD Currency in USD
Historical Data Dec 2017 Dec 2018 Dec 2019 Dec 2020 Dec 2021 Revenue
1,150.05M
1,718.51M
1,766.91M
1,689.93M
2,257.08M
Gross Profit
918.79M
1,440.87M
1,438.08M
1,387.75M
1,853.24M
Operating income
407.55M
619.81M
597.58M
506.79M
697.41M
Income before tax
416.08M
668.78M
615.59M
365.47M
536.50M
Net income
352.59M
571.82M
494.67M
313.36M
428.31M
EBITDA
422.88M
639.66M
627.14M
542.87M
758.64M
Diluted EPS
1.56
2.52
2.18
1.37
1.86
Dividends Per Share
0
0
0
0
0
Total Assets
2,561.81M
3,274.68M
4,804.18M
6,335.11M
7,519.52M
Total liabilities
1,367.02M
1,526.54M
2,522.36M
3,448.78M
3,831.50M
Total equity
1,192.58M
1,745.45M
2,283.26M
2,812.42M
3,593.82M
Operating cash flow
539.15M
488.00M
631.65M
741.64M
814.02M
Dec 2017 Dec 2018 Dec 2019 Dec 2020 Dec 2021 Revenue
1,150.05M
1,718.51M
1,766.91M
1,689.93M
2,257.08M
Gross Profit
918.79M
1,440.87M
1,438.08M
1,387.75M
1,853.24M
Operating income
407.55M
619.81M
597.58M
506.79M
697.41M
Income before tax
416.08M
668.78M
615.59M
365.47M
536.50M
Net income
352.59M
571.82M
494.67M
313.36M
428.31M
EBITDA
422.88M
639.66M
627.14M
542.87M
758.64M
Diluted EPS
1.56
2.52
2.18
1.37
1.86
Dividends Per Share
0
0
0
0
0
Total Assets
2,561.81M
3,274.68M
4,804.18M
6,335.11M
7,519.52M
Total liabilities
1,367.02M
1,526.54M
2,522.36M
3,448.78M
3,831.50M
Total equity
1,192.58M
1,745.45M
2,283.26M
2,812.42M
3,593.82M
Operating cash flow
539.15M
488.00M
631.65M
741.64M
814.02M
Valuation Measures
Dec 2021
PER 16.55 ROA 6.18% ROE 13.37% Operating margin 30.89% Profit margin 18.97%
Key executives
Chief Executive Officer & Director:
Gao Fei Wang
Chief Operating Officer:
Wei Wang
Chief Financial Officer & Vice President-Finance:
Fei Cao
Senior Vice President-Operation:
Zenghui Cao
Senior Vice President-Advertising Business:
Jing Dong Ge Shareholders
Morgan Stanley & Co. LLC (6.7%)
Alibaba Group Holding Ltd. (Investment Management) (6.0%)
UBS Securities LLC (3.4%)
Bank of America, NA (Private Banking) (3.2%)
Allspring Global Investments LLC (3.1%)
T. Rowe Price Associates, Inc. (Investment Management) (2.8%)
BofA Securities, Inc. (2.6%)
DWS Investments (UK) Ltd. (2.3%)
Canada Pension Plan Investment Board (1.8%)
Hermes Investment Management Ltd. (1.7%)
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
Pinterest, Inc. Class A
Twitter, Inc.
Hello Group Inc. Sponsored ADR
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 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
Copyright © 2022 FactSet Research Systems Inc. All rights reserved.
Last Updated on 1 Jul, 2022
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