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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. 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
Revenue2,257.08M2,257.08M
Gross Profit1,853.24M1,853.24M
Operating income697.41M697.41M
Income before tax536.50M536.50M
Net income428.31M428.31M
EBITDA758.64M758.64M
Diluted EPS1.861.86
Dividends Per Share00
Total Assets7,519.52M7,519.52M
Total liabilities3,831.50M3,831.50M
Total equity3,593.82M3,593.82M
Operating cash flow814.02M814.02M
Currency in USDCurrency in USD

Historical Data

 Dec 2017Dec 2018Dec 2019Dec 2020Dec 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 2017Dec 2018Dec 2019Dec 2020Dec 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
PER16.55
ROA6.18%
ROE13.37%
Operating margin30.89%
Profit margin18.97%

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

Related Companies

  • Weibo Hong Kong Ltd.

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
Last Updated on 1 Jul, 2022

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