Quality Investor

Weibo Corporation

Rank #371Hypergrowth

WEIBF · OTC · Communication Services

Weibo Corporation (WEIBF) — Rank #371 by gross profitability (GP/assets 0.19) · ROE 11.5% · Piotroski F-Score N/A.

As-of 2026-09-15 · CIK 0001595761 · all metrics point-in-time as of the filing date.

About

Weibo Corporation, through its subsidiaries, operates as a social media platform for people to create, discover, and distribute content in the People's Republic of China.

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It operates through two segments, Advertising and Marketing Services; and Value-Added Services. The company offers discovery products to help users discover content on its platform; self-expression products that enable its users to express themselves on its platform; and social products to promote social interaction between users on its platform. It also provides advertising and marketing solutions, such as social display advertisements; and promoted marketing offerings, such as Fans Headline, Weibo Express, and promoted feeds, as well as promoted trends and search products that appear alongside user's trends discovery and search behaviors. In addition, the company offers products, such as trends, search, video/live streaming, and editing tools; content customization, copyright contents pooling, and user interaction development; and search list recommendation, trends list recommendation, and Weibo app opening advertisements. Further, it provides back-end management, traffic support, and product services for better displaying and promotion of its account and content; an open application platform that allows users to log into third-party applications with their Weibo account for sharing third-party content on its platform; and Weibo Wallet, a product that enables platform partners to conduct interest generation activities on Weibo, such as handing out red envelops and coupons. It serves ordinary people, celebrities, opinion leaders, and other public figures or influencers, as well as media outlets, businesses, government agencies, charities, and other organizations. The company was formerly known as T.CN Corporation and changed its name to Weibo Corporation in 2012.

The company was founded in 2009 and is based in Beijing, the People's Republic of China.

Industry
Internet Content & Information
Sector
Communication Services
State
E9
Filer Category
Large accelerated filer
Fiscal Year End
December 31
Website
weibo.com

Price History

WEIBF+90.1% · +57.0% CAGRSPY+53.0% · +34.8% CAGR

Company Snapshot

P/S is the primary valuation lens — earnings are reinvested, not available for P/E.

Market Cap

$3.54B

P/E (annual)

8.5

P/S (annual)

2.0

P/B

0.9

P/OCF (annual)

6.8

Shareholder Yield

-15.0%

Employees

5,651

Industry

Internet Content & Information

Exchange

OTC

Signal Flags

3 green2 yellow
Revenue growth acceleratingGrowth rate increasing year over year
Operating leverage expandingOperating income growing faster than revenue
Deferred revenue growingRevenue and deferred revenue both growing — retention signal
Dilution above 2%Annual share count increase exceeds 2%. May be acceptable for high-growth companies funding talent via stock compensation
Disclosure regressionA previously-disclosed line item is no longer reported — worth checking the filing for why

Quality Profile

Profitability

1/1 pass
GP / assets
0.19
Return on equity
11.5%
Gross margin trend
PASS

Safety

1/1 pass
Balance-sheet safety
PASS
Debt / equity
0.78
Current ratio
3.39×
Net cash
$1.97B

Cash Flow

3/3 pass
Positive FCF
PASS
Cash-backed earnings
PASS
Accruals healthy
PASS
SBC / revenue
2.4%

Growth

1/2 pass
Revenue growth
167.9%
Piotroski F-Score
N/A
Share dilution
20.5%

Terry Smith quality gate

Passes 3/5 Terry Smith thresholds

What Growth Is Priced In

Implied revenue growth (10Y)

-4.9%

incredible deal

The annual FCF growth rate today's price requires over a 10-year horizon (discount rate 10%, terminal growth 2.5%).

Dilution drag: 20.5% — per-share value needs a total required return of 15.6% once share-count change is priced in.

vs. own 6-year median revenue growth: 76.4%

within its own history

Cost-of-equity sensitivity (implied growth at different discount rates)

r = 8%

-8.4%

r = 10% (base)

-4.9%

r = 12%

-1.8%

Net debt / market cap: -51.0%

Base FCF: $477.1M3Y mean FCF: $304.3M

Revenue growth and the path to profitability (margin trend) are the primary reads at this stage.

Profitability

Gross profitability (GP / assets)

0.19

Primary signal (Novy-Marx).

13th of 14 SIC 7370 peers

Return on equity

11.5%

Gross margin

76.0%

6th of 14 SIC 7370 peers

Revenue growth (YoY)

167.9%

Gross margin improving

Margin trend vs prior year.

PASS

Operating Leverage

2014201520162017
Revenue vs COGS
Revenue vs OpEx
Op. Income vs Revenue

Growth

Revenue CAGR (3Y)

Revenue CAGR (5Y)

Earnings CAGR (3Y)

73.8%

FCF CAGR (3Y)

Anti-fragile safety

Balance-sheet safety

Composite anti-fragile check.

PASS

Debt / equity

0.78

9th of 13 SIC 7370 peers (best = lowest)

Current ratio

3.39×

7th of 14 SIC 7370 peers

Quick ratio

2.66×

Net cash

$1.97B

Cash & equivalents minus total debt.

Cash-flow health

Free cash flow

$477.11M

Operating cash flow minus capex.

Positive free cash flow

PASS

FCF / net income

0.06

Cash-backing of earnings.

FCF/NI divergence

Unfavorable divergence (yellow flag).

PASS

Accruals healthy

Cash-backed earnings.

PASS

SBC / revenue

2.4%

Stock-based comp intensity.

Dividend safety

Composite score

3.2 / 5

Good
Payout ratio
43.6%4/5 Strong
FCF coverage
2.44×4/5 Strong
Dividend growth streak
1 yr1/5 Weak
Balance-sheet health
D/E 0.78 · IC 5.64×4/5 Strong

Piotroski F-Score

F-Score

N/A

Only 8/9 components determinable.

Lifecycle Phase History

20122017
Hypergrowth