| | |
第
頁
|
| |||
關於本招股説明書副刊
|
| | | | S-III | | |
通過引用合併文件
|
| | | | S | | |
前瞻性陳述
|
| | | | S | | |
市場數據
|
| | | | S-八 | | |
摘要
|
| | | | S-1 | | |
彙總合併的財務和運營數據
|
| | | | S-17 | | |
產品
|
| | | | S-21 | | |
風險因素
|
| | | | S-23 | | |
使用收益
|
| | | | S-32 | | |
資本化和負債
|
| | | | S-33 | | |
股利政策
|
| | | | S-34 | | |
借入的美國存託憑證的Delta配售和同時發售可轉換優先票據的説明
|
| | | | S-35 | | |
股本説明
|
| | | | S-37 | | |
承銷(利益衝突)
|
| | | | S-47 | | |
徵税
|
| | | | S-56 | | |
您可以在哪裏找到更多信息
|
| | | | S-62 | | |
法律事務
|
| | | | S-63 | | |
專家
|
| | | | S-64 | | |
| | |
第
頁
|
| |||
關於本招股説明書
|
| | | | 1 | | |
前瞻性陳述
|
| | | | 2 | | |
我們公司
|
| | | | 3 | | |
企業信息
|
| | | | 11 | | |
風險因素
|
| | | | 12 | | |
使用收益
|
| | | | 13 | | |
股本説明
|
| | | | 14 | | |
美國存托股份説明
|
| | | | 24 | | |
優先股説明
|
| | | | 38 | | |
認股權證説明
|
| | | | 40 | | |
認購權説明
|
| | | | 41 | | |
單位説明
|
| | | | 42 | | |
民事責任的可執行性
|
| | | | 43 | | |
徵税
|
| | | | 45 | | |
出售股東
|
| | | | 46 | | |
配送計劃
|
| | | | 47 | | |
法律事務
|
| | | | 50 | | |
專家
|
| | | | 51 | | |
您可以在此處找到有關美國的更多信息
|
| | | | 52 | | |
通過引用合併文件
|
| | | | 53 | | |
| | |
計税(1)
|
| |||
假設税前收益(2)
|
| | | | 100% | | |
按25%的法定税率徵收所得税(3)
|
| | | | (25)% | | |
可供分配的淨收益
|
| | | | 75% | | |
按10%(4)的標準税率預繳税款
|
| | | | (7.5)% | | |
對母公司/股東的淨分配
|
| | | | 67.5% | | |
| | |
截至2013年12月31日的年度
|
| |
截至的9個月
9月30日 |
| ||||||||||||||||||||||||
| | |
2020
|
| |
2021
|
| |
2022
|
| |
2022
|
| |
2023
|
| |||||||||||||||
| | |
(千美元,不包括每股和每美國存托股份數據)
|
| |||||||||||||||||||||||||||
合併報表數據:
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
收入: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
廣告和營銷收入:
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
第三方
|
| | | | 1,202,712 | | | | | | 1,633,242 | | | | | | 1,392,723 | | | | | | 1,060,245 | | | | | | 1,006,122 | | |
阿里巴巴(1)
|
| | | | 188,597 | | | | | | 181,241 | | | | | | 107,197 | | | | | | 64,924 | | | | | | 66,717 | | |
新浪
|
| | | | 48,353 | | | | | | 96,359 | | | | | | 56,206 | | | | | | 47,979 | | | | | | 33,051 | | |
其他關聯方
|
| | | | 46,493 | | | | | | 69,953 | | | | | | 40,524 | | | | | | 32,958 | | | | | | 24,385 | | |
小計
|
| | | | 1,486,155 | | | | | | 1,980,795 | | | | | | 1,596,650 | | | | | | 1,206,106 | | | | | | 1,130,275 | | |
增值服務收入
|
| | | | 203,776 | | | | | | 276,288 | | | | | | 239,682 | | | | | | 182,228 | | | | | | 165,894 | | |
總收入
|
| | | | 1,689,931 | | | | | | 2,257,083 | | | | | | 1,836,332 | | | | | | 1,388,334 | | | | | | 1,296,169 | | |
成本和費用: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
收入成本(2)
|
| | | | 302,180 | | | | | | 403,841 | | | | | | 400,585 | | | | | | 294,498 | | | | | | 274,123 | | |
銷售和營銷(2)
|
| | | | 455,619 | | | | | | 591,682 | | | | | | 477,107 | | | | | | 354,442 | | | | | | 321,695 | | |
產品開發(2)
|
| | | | 324,110 | | | | | | 430,673 | | | | | | 415,190 | | | | | | 315,862 | | | | | | 266,385 | | |
一般和行政(2)
|
| | | | 101,224 | | | | | | 133,475 | | | | | | 52,806 | | | | | | 93,358 | | | | | | 80,037 | | |
無形資產減值準備
|
| | | | — | | | | | | — | | | | | | 10,176 | | | | | | 10,176 | | | | | | — | | |
總成本和費用
|
| | | | 1,183,133 | | | | | | 1,559,671 | | | | | | 1,355,864 | | | | | | 1,068,336 | | | | | | 942,240 | | |
運營收入
|
| | | | 506,798 | | | | | | 697,412 | | | | | | 480,468 | | | | | | 319,998 | | | | | | 353,929 | | |
權益法投資收益(虧損)
|
| | | | 10,434 | | | | | | 14,217 | | | | | | (24,069) | | | | | | (1,220) | | | | | | (5,716) | | |
投資已實現收益(虧損)
|
| | | | 2,153 | | | | | | 3,243 | | | | | | 1,591 | | | | | | 166 | | | | | | (1,184) | | |
公允價值通過投資收益淨額變動
|
| | | | 35,115 | | | | | | (72,787) | | | | | | (243,619) | | | | | | (273,950) | | | | | | 17,594 | | |
與投資相關的減值和
供應 |
| | | | (211,985) | | | | | | (106,800) | | | | | | (71,081) | | | | | | (35,743) | | | | | | (23,360) | | |
利息收入
|
| | | | 85,829 | | | | | | 77,280 | | | | | | 105,434 | | | | | | 76,747 | | | | | | 88,745 | | |
利息支出
|
| | | | (57,428) | | | | | | (71,006) | | | | | | (71,598) | | | | | | (53,255) | | | | | | (88,010) | | |
| | |
截至2013年12月31日的年度
|
| |
截至的9個月
9月30日 |
| ||||||||||||||||||||||||
| | |
2020
|
| |
2021
|
| |
2022
|
| |
2022
|
| |
2023
|
| |||||||||||||||
| | |
(千美元,不包括每股和每美國存托股份數據)
|
| |||||||||||||||||||||||||||
其他收入(虧損),淨額
|
| | | | 4,997 | | | | | | 9,159 | | | | | | (49,040) | | | | | | (44,037) | | | | | | (478) | | |
所得税費用前收益(虧損)
|
| | | | 375,913 | | | | | | 550,718 | | | | | | 128,086 | | | | | | (11,294) | | | | | | 341,520 | | |
減去:所得税費用
|
| | | | 61,316 | | | | | | 138,841 | | | | | | 30,277 | | | | | | 48,978 | | | | | | 72,709 | | |
淨收益(虧損)
|
| | | | 314,597 | | | | | | 411,877 | | | | | | 97,809 | | | | | | (60,272) | | | | | | 268,811 | | |
減去:可歸因於非控股權益和可贖回非控股權益的淨收益(虧損)
|
| | | | 1,233 | | | | | | (16,442) | | | | | | 12,254 | | | | | | (3,911) | | | | | | 1,287 | | |
增值為可贖回的非控股
興趣 |
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 8,156 | | |
微博股東應佔淨收益(虧損)
|
| | | | 313,364 | | | | | | 428,319 | | | | | | 85,555 | | | | | | (56,361) | | | | | | 259,368 | | |
用於計算微博股東每股淨收益(虧損)的股份:
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
基礎版
|
| | | | 226,921 | | | | | | 228,814 | | | | | | 235,164 | | | | | | 235,543 | | | | | | 235,307 | | |
稀釋後的
|
| | | | 227,637 | | | | | | 230,206 | | | | | | 236,407 | | | | | | 235,543 | | | | | | 237,817 | | |
每股普通股收益(虧損): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
基礎版
|
| | | | 1.38 | | | | | | 1.87 | | | | | | 0.36 | | | | | | (0.24) | | | | | | 1.10 | | |
稀釋後的
|
| | | | 1.38 | | | | | | 1.86 | | | | | | 0.36 | | | | | | (0.24) | | | | | | 1.09 | | |
每個美國存托股份的收益(虧損)(3): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
基礎版
|
| | | | 1.38 | | | | | | 1.87 | | | | | | 0.36 | | | | | | (0.24) | | | | | | 1.10 | | |
稀釋後的
|
| | | | 1.38 | | | | | | 1.86 | | | | | | 0.36 | | | | | | (0.24) | | | | | | 1.09 | | |
| | |
截至2013年12月31日的年度
|
| |
截至的9個月
9月30日 |
| ||||||||||||||||||||||||
| | |
2020
|
| |
2021
|
| |
2022
|
| |
2022
|
| |
2023
|
| |||||||||||||||
| | |
(單位:千美元)
|
| |||||||||||||||||||||||||||
收入成本
|
| | | | 5,384 | | | | | | 8,112 | | | | | | 9,417 | | | | | | 7,597 | | | | | | 7,082 | | |
銷售和市場推廣
|
| | | | 9,983 | | | | | | 15,292 | | | | | | 18,910 | | | | | | 15,224 | | | | | | 12,969 | | |
產品開發
|
| | | | 33,093 | | | | | | 43,622 | | | | | | 55,294 | | | | | | 44,520 | | | | | | 40,362 | | |
一般和行政
|
| | | | 18,645 | | | | | | 20,970 | | | | | | 28,092 | | | | | | 20,995 | | | | | | 18,970 | | |
合計
|
| | | | 67,105 | | | | | | 87,996 | | | | | | 111,713 | | | | | | 88,336 | | | | | | 79,383 | | |
| | |
截至2012年12月31日
|
| |
截至9月30日
2023 |
| ||||||||||||
| | |
2021
|
| |
2022
|
| ||||||||||||
| | |
(單位:千美元)
|
| |||||||||||||||
選定的合併資產負債表數據: | | | | | | | | | | | | | | | | | | | |
現金和現金等價物
|
| | | | 2,423,703 | | | | | | 2,690,768 | | | | | | 2,455,007 | | |
短期投資
|
| | | | 711,062 | | | | | | 480,428 | | | | | | 314,629 | | |
新浪到期金額
|
| | | | 494,200 | | | | | | 487,117 | | | | | | 497,108 | | |
長期投資
|
| | | | 1,207,651 | | | | | | 993,630 | | | | | | 1,283,578 | | |
總資產
|
| | | | 7,519,522 | | | | | | 7,129,454 | | | | | | 6,710,537 | | |
可轉債
|
| | | | 896,541 | | | | | | — | | | | | | — | | |
無擔保優先票據
|
| | | | 1,538,415 | | | | | | 1,540,717 | | | | | | 1,542,444 | | |
長期貸款
|
| | | | — | | | | | | 880,855 | | | | | | 888,947 | | |
總負債
|
| | | | 3,831,502 | | | | | | 3,738,914 | | | | | | 3,433,087 | | |
普通股
|
| | | | 59 | | | | | | 59 | | | | | | 58 | | |
新增實收資本
|
| | | | 1,477,291 | | | | | | 1,445,519 | | | | | | 1,404,109 | | |
留存收益
|
| | | | 1,959,539 | | | | | | 2,045,094 | | | | | | 2,104,326 | | |
非控股權益
|
| | | | 27,577 | | | | | | 14,495 | | | | | | 11,025 | | |
股東權益合計
|
| | | | 3,621,398 | | | | | | 3,344,745 | | | | | | 3,218,154 | | |
| | |
截至2013年12月31日的年度
|
| |
截至的9個月
9月30日 |
| ||||||||||||||||||
| | |
2021
|
| |
2022
|
| |
2022
|
| |
2023
|
| ||||||||||||
| | |
(單位為千美元,不包括百分比)
|
| |||||||||||||||||||||
經營活動提供的現金淨額
|
| | | | 814,020 | | | | | | 564,104 | | | | | | 404,964 | | | | | | 454,633 | | |
由投資活動提供(用於)的淨現金
|
| | | | (423,960) | | | | | | (33,014) | | | | | | 214,053 | | | | | | (380,112) | | |
融資活動提供(使用)的現金淨額
|
| | | | 189,442 | | | | | | (91,141) | | | | | | (71,502) | | | | | | (199,195) | | |
匯率變動對現金和現金等價物的影響
|
| | | | 29,357 | | | | | | (172,884) | | | | | | (212,317) | | | | | | (111,087) | | |
現金及現金等價物淨增(減)
|
| | | | 608,859 | | | | | | 267,065 | | | | | | 335,198 | | | | | | (235,761) | | |
年初/期間的現金和現金等價物
|
| | | | 1,814,844 | | | | | | 2,423,703 | | | | | | 2,423,703 | | | | | | 2,690,768 | | |
年末/期末現金及現金等價物
|
| | | | 2,423,703 | | | | | | 2,690,768 | | | | | | 2,758,901 | | | | | | 2,455,007 | | |
| | |
12月
2020 |
| |
12月
2021 |
| |
12月
2022 |
| |
9月
2022 |
| |
9月
2023 |
| |||||||||||||||
MAU(單位:百萬)
|
| | | | 521 | | | | | | 573 | | | | | | 586 | | | | | | 584 | | | | | | 605 | | |
平均DAU(單位:百萬)
|
| | | | 225 | | | | | | 249 | | | | | | 252 | | | | | | 253 | | | | | | 260 | | |
平均DAU與MAU的比率
|
| | | | 43% | | | | | | 43% | | | | | | 43% | | | | | | 43% | | | | | | 43% | | |
| | |
截至2013年12月31日的年度
|
| |
前九個月
截至9月30日 |
| ||||||||||||||||||||||||
| | |
2020
|
| |
2021
|
| |
2022
|
| |
2022
|
| |
2023
|
| |||||||||||||||
每個廣告主的平均花費(不包括阿里巴巴)
(單位:美元) |
| | | | 825 | | | | | | 1,860 | | | | | | 1,552 | | | | | | 1,555 | | | | | | 1,818 | | |
廣告客户數量(單位:百萬)
|
| | | | 1.6 | | | | | | 1.0 | | | | | | 1.0 | | | | | | 0.7 | | | | | | 0.6 | | |
| | |
截至2023年9月30日
|
| ||||||
| | |
實際
|
| |
調整後(1)
|
| |||
| | |
(單位:千美元)
|
| ||||||
當前無擔保優先票據
|
| | | | 798,991 | | | | | |
非流動無擔保優先票據
|
| | | | 743,453 | | | | | |
長期貸款
|
| | | | 888,947 | | | | | |
特此發售2030年到期的可轉換優先票據
|
| | | | — | | | | | |
總債務
|
| | | | 2,431,391 | | | | | |
可贖回的非控股權益
|
| | | | 59,296 | | | | | |
股東權益: | | | | | | | | | | |
普通股:面值0.00025美元;2,400,000股(含180萬股)
A類普通股、20萬股B類普通股和40萬股 待指定)授權;236,248股(包括148,426股A類股 普通股和87,822股(B類普通股)已發行和已發行 |
| | | | 58 | | | | | |
新增實收資本(1)
|
| | | | 1,404,109 | | | | | |
累計其他綜合損失
|
| | | | (301,364) | | | | | |
留存收益
|
| | | | 2,104,326 | | | | | |
微博股東權益合計
|
| | | | 3,207,129 | | | | | |
非控股權益
|
| | | | 11,025 | | | | | |
股東權益合計
|
| | | | 3,218,154 | | | | | |
總市值(2)
|
| | | | 5,708,841 | | | | | |
美國存托股份借款人
|
| |
借閲數量
提供美國存託憑證 |
|
高盛國際
|
| | | |
合計
|
| | | |
| | |
第
頁
|
| |||
關於本招股説明書
|
| | | | 1 | | |
前瞻性陳述
|
| | | | 2 | | |
我們公司
|
| | | | 3 | | |
企業信息
|
| | | | 11 | | |
風險因素
|
| | | | 12 | | |
使用收益
|
| | | | 13 | | |
股本説明
|
| | | | 14 | | |
美國存托股份説明
|
| | | | 24 | | |
優先股説明
|
| | | | 38 | | |
認股權證説明
|
| | | | 40 | | |
認購權説明
|
| | | | 41 | | |
單位説明
|
| | | | 42 | | |
民事責任的可執行性
|
| | | | 43 | | |
徵税
|
| | | | 45 | | |
出售股東
|
| | | | 46 | | |
配送計劃
|
| | | | 47 | | |
法律事務
|
| | | | 50 | | |
專家
|
| | | | 51 | | |
您可以在此處找到有關美國的更多信息
|
| | | | 52 | | |
通過引用合併文件
|
| | | | 53 | | |
| | |
税
計算(1) |
| |||
假設税前收益(2)
|
| | | | 100% | | |
按25%的法定税率徵收所得税(3)
|
| | | | (25)% | | |
可供分配的淨收益
|
| | | | 75% | | |
標準税率為10%的預扣税(4)
|
| | | | (7.5)% | | |
對母公司/股東的淨分配
|
| | | | 67.5% | | |