What Will Sina’s Revenue And EBITDA Look Like In 5 Years?
We expect Sina’s top line to grow at a steady (CAGR <5%) rate over the next few years, and expect its EBITDA to grow at a significantly faster rate (CAGR of about 20%). Most of the growth is expected from Sina’s online advertising, as evidenced from the table below.
Sina’s advertising business has grown at a steady pace over the last few years, while its mobile value added services (MVAS) business has fallen significantly. The increasing penetration of mobile internet has cannibalized the market for paid mobile value added services such as short-messaging service (SMS), multimedia messaging service (MMS), interactive voice response (IVR) and KJava-based games. As a result, the revenue and EBITDA contribution of Sina’s MVAS segment has decreased over the years.
Have more questions about Sina? See the links below:
- What’s Sina’s Revenue & Earnings Breakdown?
- What’s Sina’s Fundamental Value Based On Expected 2016 Results?
- How Has Sina’s Revenue & EBITDA Composition Changed In The Last Five Years?
- Robust Weibo Growth Drives Q4 Results For Sina
Notes:
- Why Sina’s Revenues Will Likely See Only A Marginal Growth in 2020
- Decline In Sina’s Q3 Advertising Revenue Isn’t A Cause For Concern Yet
- Can Sina’s Revenue Growth Numbers Recover This Year?
- Sina’s Strength In Fintech Should Make Up For Weakness In Weibo Going Forward
- Sina Likely To Report Forgettable Q1 Results, But Revenues Should Recover Sharply In The Near Future
- How Much Can Chinese Stimulus Impact Sina’s Valuation?
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