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Operator of Weibo, China's largest microblogging and social-media platform for public conversation and celebrity/brand content.
Operator of Weibo, China's largest microblogging and social-media platform for public conversation and celebrity/brand content.
Sells advertising, mostly brand and performance ads placed into feeds and on celebrity pages, while paid memberships and live-stream services bring in the rest. Its parent, Sina, remains the largest shareholder.
In one line: China's Twitter/X.
Moat: narrow (network effects, brand, scale). Dominant network effects as China's leading open microblogging platform for real-time public discourse and celebrity engagement.
Headquarters: Beijing, China · Founded: 2009 · Employees: 5,651
Size Weibo (9898.HK) is a Hong Kong Information Technology company (Internet Software/Services) with a market value of $1.58B, the 477th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$50.40 on 6 Nov 2026.
Performance Over six months the shares fell 24.5%, against -5.0% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 6th lowest of 21 in its peer set.
Growth Revenue grew 1.9% over the last twelve months (peer median +6.7%); the operating margin is 24.5% (peer median 8.9%).
Valuation It trades at 5.2× forward earnings against a peer median of 15.7× (2nd cheapest of 15).
Capital Return on invested capital runs 2.6 points above its cost of capital (8.2% WACC).
Next results Next results expected around 17 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | HK$14.0B | HK$13.7B | HK$13.7B | HK$13.8B | HK$14.4B |
| Revenue growth | — | 0% | -1% | -4% | — |
| Gross profit | HK$10.3B | HK$10.4B | HK$10.8B | HK$10.8B | HK$11.2B |
| EBITDA | HK$3.89B | HK$4.19B | HK$4.58B | HK$4.42B | HK$4.36B |
| Net income | HK$2.49B | HK$3.50B | HK$2.35B | HK$2.68B | HK$670M |
| Free cash flow | n/a | HK$3.72B | HK$4.51B | HK$4.98B | HK$4.08B |
| Capital expenditure | n/a | HK$330M | HK$480M | HK$288M | HK$338M |
| Total debt | HK$14.6B | HK$14.8B | HK$14.8B | HK$21.1B | HK$19.4B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Weibo 9898.HK | $1.58B | -24% | +2% | 25% | 5.2× | n/a |
| Tencent 0700.HK | $482B | -11% | +16% | 32% | 12.5× | 6.4% |
| Kuaishou-w 1024.HK | $16.0B | -39% | +11% | 11% | 14.9× | -4.4% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 9898.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +0.6% | +1.1% | 11th highest of 21 |
| 6-month return | -24.5% | -5.0% | 6th lowest of 21 |
| Distance from 52-week high | -43.0% | -25.8% | 7th lowest of 21 |
| Revenue growth (TTM) | +1.9% | +6.7% | 7th lowest of 21 |
| Operating margin | 24.5% | 8.9% | 5th highest of 21 |
| Forward P/E | 5.2× | 15.7× | 2nd cheapest of 15 |
| ROIC minus cost of capital | +2.6 pp | +1.6 pp | 8th highest of 16 |
| EV / EBITDA | 1.8× | 8.8× | cheapest of 13 |
| Net debt / EBITDA | -1.6× | -0.2× | 7th least indebted of 14 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Weibo 9898.HK | Hong Kong | $1.58B | -24% | +2% | 25% | 5.2× | n/a | n/a |
| Ziff Davis ZD | United States | $1.70B | +21% | -8% | 10% | 8.9× | -10.6% | +4.6% |
| Mony MONY.L | United Kingdom | $1.42B | +21% | +2% | 26% | 11.1× | -0.7% | +5.3% |
| CarTrade Tech CARTRADE.NS | India | $1.39B | +40% | +16% | 30% | 47.7× | 34.5% | +25.6% |
| TBO Tek TBOTEK.NS | India | $1.80B | +24% | +74% | 11% | 41.6× | n/a | n/a |
| Trustpilot TRST.L | United Kingdom | $1.36B | +12% | +19% | 5% | 52.4× | 32.7% | +20.0% |
| NHN 181710.KS | South Korea | $1.34B | +44% | +12% | 6% | 16.3× | -4.4% | +8.9% |
| XinhuaNet 603888.SS | China | $1.89B | -7% | -1% | 8% | n/a | 22.6% | +9.3% |
| WEBTOON Entertainment WBTN | United States | $1.31B | -27% | 0% | -3% | n/a | n/a | n/a |
| Huawen Media 000793.SZ | China | $1.19B | -34% | 0% | -14% | n/a | 17.8% | -34.6% |
| Baltic Classifieds BCG.L | United Kingdom | $1.14B | -99% | +7% | 68% | 0.2× | 15.2% | +15.9% |
| Moonpig MOON.L | United Kingdom | $1.13B | +41% | +7% | 21% | 15.2× | 3.7% | +0.3% |
| Winning Health Technology 300253.SZ | China | $2.31B | -19% | +6% | -20% | 351.5× | 18.9% | -1.4% |
| Yelp YELP | United States | $1.06B | -28% | +2% | 13% | 8.1× | -18.4% | +10.9% |
| EverQuote EVER | United States | $1.02B | +41% | +24% | 11% | 14.3× | -7.0% | +14.8% |
| Shanghai Great Wisdom 601519.SS | China | $2.49B | -18% | +6% | -8% | n/a | n/a | n/a |
| Youdao, Inc. Sponsored ADR DAO | United States | $2.50B | +59% | +10% | 4% | 59.4× | 33.6% | +17.6% |
| D-MARKET Elektronik Hizmetler ve Ticaret AS Sponsored ADR HEPS | United States | $979M | -3% | +22% | -3% | n/a | n/a | n/a |
| Sify Technologies Limited Sponsored ADR SIFY | United States | $941M | -20% | +11% | 8% | n/a | n/a | n/a |
| BuySell Technologies 7685.T | Japan | $938M | -28% | +58% | 11% | 15.0× | -1.2% | +46.8% |
| Aditya Birla Sun Life Amc ABSLAMC.NS | India | $2.68B | -19% | +4% | 60% | 23.9× | n/a | n/a |