Financial Snapshot

Revenue
Gross Margin
Net Earnings
Current Assets
Q4 2023
Current Liabilities
Q4 2023
Current Ratio
251.08%
Q4 2023
Total Assets
Q4 2023
Total Liabilities
Q4 2023
Book Value
$3.518B
Q4 2023
Cash
Q4 2023
P/E
Nov 29, 2024 EST
Free Cash Flow

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020
Revenue $1.760B $1.836B $2.257B $1.690B
YoY Change -4.17% -18.64% 33.56%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020
Revenue $1.760B $1.836B $2.257B $1.690B
Cost Of Revenue $374.3M $400.6M $403.8M $302.2M
Gross Profit $1.386B $1.436B $1.853B $1.388B
Gross Profit Margin 78.73% 78.19% 82.11% 82.12%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020
Selling, General & Admin $579.0M $529.9M $725.2M $556.8M
YoY Change 9.26% -26.92% 30.23%
% of Gross Profit 41.79% 36.91% 39.13% 40.13%
Research & Development $333.6M $415.2M $430.7M $324.1M
YoY Change -19.64% -3.6% 32.88%
% of Gross Profit 24.08% 28.92% 23.24% 23.36%
Depreciation & Amortization $39.20M $33.20M $32.80M $26.50M
YoY Change 18.07% 1.22% 23.77%
% of Gross Profit 2.83% 2.31% 1.77% 1.91%
Operating Expenses $912.6M $945.1M $1.156B $881.0M
YoY Change -3.44% -18.23% 31.2%
Operating Profit $472.9M $480.5M $697.4M $506.8M
YoY Change -1.57% -31.11% 37.61%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020
Interest Expense $120.1M $71.60M $71.01M $57.43M
YoY Change 67.7% 0.83% 23.64%
% of Operating Profit 25.39% 14.9% 10.18% 11.33%
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020
Pretax Income $502.8M $128.1M $550.7M $375.9M
YoY Change 292.53% -76.74% 46.5%
Income Tax $145.3M $30.28M $138.8M $61.32M
% Of Pretax Income 28.9% 23.64% 25.21% 16.31%
Net Earnings $342.6M $85.56M $428.3M $313.4M
YoY Change 300.44% -80.03% 36.68%
Net Earnings / Revenue 19.47% 4.66% 18.98% 18.54%
Basic Earnings Per Share $1.45 $0.36 $1.87 $1.38
Diluted Earnings Per Share $1.43 $0.36 $1.86 $1.38

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
Total Assets
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities
YoY Change
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
Total Liabilities
YoY Change

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020
Basic Shares Outstanding 235.6K 235.2M 228.8M 226.9M
Diluted Shares Outstanding 240.0K 236.4M 230.2M 227.6M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $13.991 Billion

About WEIBO Corp

Weibo Corp. engages in the creation, distribution, and discovery of Chinese-language content. The company is headquartered in Beijing, Beijing and currently employs 5,268 full-time employees. The company went IPO on 2014-04-17. The firm operates two segments. Advertising and Marketing segment mainly provides a full range of advertising customization and marketing solutions. Value-added Services segment mainly provides services such as membership services on social platforms, online games, live broadcasts, social e-commerce and others. The firm also engages in internet and other related businesses, including the provision of internet content and online game operations. The firm's users can create, discover, consume and share various formats of content, including text, photo, video, live streaming and audio on the Weibo platform. The firm's main product is the social platform Weibo.

Industry: Services-Computer Programming, Data Processing, Etc. Peers: Autohome Inc. Baidu, Inc. Kanzhun Ltd