Weibo (WB) Asset Writedowns and Impairment (2018 - 2023)
Weibo (WB) posted quarterly Asset Writedowns and Impairment of $11.8 million for Q4 2023, up 89.09% year-over-year from $6.3 million in Q4 2022, and up 89.09% quarter-over-quarter from $6.3 million in Q4 2022.
Weibo (WB) Asset Writedowns and Impairment (2018 - 2023) Analysis & Trends
Weibo's Asset Writedowns and Impairment history runs 6 years deep, the most recent figure standing at $11.8 million for Q4 2023.
- In Q4 2023, Asset Writedowns and Impairment rose 89.09% year-over-year to $11.8 million; the TTM figure through Dec 2023 stood at $104.4 million (up 12.51% YoY), while the FY2025 annual figure was -$32.1 million, down 360.29% from the prior year.
- Asset Writedowns and Impairment for Q4 2023 stood at $11.8 million, up from $6.3 million in the prior quarter.
- The five-year high for Asset Writedowns and Impairment was $122.3 million in Q4 2021, with the low at -$36.0 million in Q3 2021.
- The 5-year median for Asset Writedowns and Impairment is $6.3 million (2022), against an average of $18.8 million.
- Peak annual rise in Asset Writedowns and Impairment reached 54496.43% in 2021, while the deepest fall reached 230.01% in 2021.
- Weibo's Asset Writedowns and Impairment stood at -$800000.0 in 2019, then surged by 128.0% to $224000.0 in 2020, then surged by 54496.43% to $122.3 million in 2021, then sank by 94.88% to $6.3 million in 2022, then surged by 89.09% to $11.8 million in 2023.
- Business Quant data shows WB's Asset Writedowns and Impairment at $11.8 million in Q4 2023, $6.3 million in Q4 2022, and $122.3 million in Q4 2021.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,200.36 Bn | 3,771.32 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,536.52 Bn | 1,446.26 Bn | 49.47 Bn |
| 3 | Taboola.com | 1,134.89 Bn | 1,134.76 Bn | 139.48 Mn |
| 4 | Baidu | 289.08 Bn | 284.59 Bn | 1.88 Mn |
| 5 | Spotify Technology | 102.96 Bn | 92.72 Bn | 1.75 Bn |
| 6 | Joyy | 77.48 Bn | 76.59 Bn | 205.64 Mn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 |
| 8 | Nebius | 49.36 Bn | 39.73 Bn | 295.20 Mn |
| 9 | 30.41 Bn | 27.62 Bn | 734.60 Mn | |
| 10 | 1.87 Bn | -530.60 Mn | 473,257.88 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 11.84 Mn |
| Dec 31, 2023 | 11.84 Mn |
| Dec 31, 2022 | 6.26 Mn |
| Dec 31, 2022 | 6.26 Mn |
| Dec 31, 2021 | 122.30 Mn |
| Dec 31, 2021 | 122.30 Mn |
| Sep 30, 2021 | -35.97 Mn |
| Sep 30, 2021 | -35.97 Mn |
| Dec 31, 2020 | 224,000.00 |
| Dec 31, 2020 | 224,000.00 |
| Sep 30, 2020 | 27.67 Mn |
| Sep 30, 2020 | 27.67 Mn |
| Mar 31, 2019 | -800,000.00 |
| Mar 31, 2019 | -800,000.00 |
| Dec 31, 2018 | 755,000.00 |
| Dec 31, 2018 | 755,000.00 |
| Sep 30, 2018 | 10.55 Mn |
| Sep 30, 2018 | 10.55 Mn |
| Mar 31, 2018 | -755,000.00 |
| Mar 31, 2018 | -755,000.00 |