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.
Analysis
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.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn |
| 10 | 1.63 Bn | -1.00 Bn | 324.02 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | -282,000.00 |
| Dec 31, 2023 | -282,000.00 |
| Dec 31, 2022 | 40.18 Mn |
| Dec 31, 2022 | 40.18 Mn |
| Dec 31, 2021 | -4.21 Mn |
| Dec 31, 2021 | -4.21 Mn |
| Sep 30, 2021 | -35.97 Mn |
| Sep 30, 2021 | -35.97 Mn |
| Dec 31, 2020 | 53.24 Bn |
| Dec 31, 2020 | 53.24 Bn |
| Sep 30, 2020 | -113.92 Mn |
| Sep 30, 2020 | -113.92 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 |
| Mar 31, 2018 | -755,000.00 |
| Mar 31, 2018 | -755,000.00 |