BNET Industries

Market Cap:$1.7B
Last Fiscal Year Sales:$246.1M
- Public
Dow Jones Description
Providers of Internet Media for the Chinese Community
President & CEOCharles Chao
Number of Employees 2,080
Peer Companies
NAICS Code Software Reproducing: 334611
Recent Events
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Sina upgraded to "Hold" from "Sell", Deutsche Bank
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Sina reports falling profits as it waits on merger
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Citigroup Downgrades SINA SINA to Sell
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Notable Analyst Rating Changes 6/10: YHOO, X, ZEUS, DB Upgraded; SINA, CRDN, FSLR, PLL Downgraded
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SINA to Merge Focus Media in Q3
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Pali Research Downgrades SINA Corp SINA to Hold
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Sina.com 1Q profit falls 31 percent on ad slowdown
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Sina Corp. Reports Mixed Results, Guides Below Consensus
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Sina eyes China tourism industry
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Has Microsoft SINA the Light?
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Sina Posts Preliminary Q4 and Fiscal Year 2008 Financial Results
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Repression continues six months after Beijing Olympics opening ceremony, but media and dissidents fight back
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Piper Jaffray Says Chinese Ad Market Will Remain Challenging (BIDU, SOHU, SINA)
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DAVOS-China advertisers balking at long-term deals- Sina CEO
News & Analysis
Filter by
sina corp. - All News and Analysis
An Opportunity to Profit from Focus Media / Sina Transaction
Zachary Scheidt submits: Focus Media Holding Limited FMCN has been devastated by the recent economic downturn. In late 2007, the stock topped out above $65 per share, but currently trades at roughly $7.50 - down roughly 88% from its former glory. The Chinese advertising company spent...
Focus Media Q1 2009 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Your first question comes from the line of Catherine Leung with Citigroup. Catherine Leung - Citigroup Good morning. I have two questions. Firstly, can you please give us a little bit more color on your third quarter and second half outlook, if possible,...
Sina.com: China?s Largest Internet Portal Breaks Out
Tate Dwinnell submits: Sina.com SINA is China’s largest internet portal with over 200 million registered users across not only China but Taiwan, Hong Kong, North America. The company continues to post outstanding growth each quarter despite a slumping global economy and beginning to tap into the trend of...
Focus Media Holding Limited Q4 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator instructions. Your first question comes from Jason Brueschke with Citigroup. Please proceed. Jason Brueschke – Citigroup Thank you. Good morning, everyone. A couple of questions, maybe I don’t know if Michael or Alex, you are the right ones for this. Could you maybe give us some...
BullMarket.com Updates Outlook on Chinese Internet Stocks
PRINCETON, N.J., Feb. 13 /PRNewswire/ -- BullMarket.com (http://www.bullmarket.com/), an online investment newsletter focused on long-term growth and income-generating stocks, has provided subscribers with coverage of Chinese Internet stocks, including Sohu.com , Sina Corp., Focus Media , and Baidu.com . All paid and trial subscribers to BullMarket.com can now...
Focus Media - Sina Transaction: Think Outside the Box to Make Profits
Zachary Scheidt submits: Shareholders of Focus Media Holding Limited (ADR) FMCN and SINA Corporation (USA) SINA were met with a surprise on Monday. The boards of both companies have agreed to a transaction whereby Focus Media will sell the majority of its LCD display network, its poster...
There's Still Hope for Focus Media After Sina Acquisition
Joel Backaler submits: Like many others I couldn’t resist having high expectations for Focus Media Holding Limited FMCN. For the first two and half years after its IPO I watched its stock price soar, but over the past year I also witnessed its value decline 81%. Is there hope for...
Sina Can't Catch a Break, Even After Focus Media Deal
Kirk Shinkle submits: Remember Chinese Internet stocks? Think back on the heady days of 2007 when companies like Baidu BIDU were being heralded as the Google GOOG of the East... Obviously, that was before the crash and even though Chinese shares suffered some of the worst damage of all...
SINA Corporation Q3 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator instructions Your first question comes from the line of Jason Brueschke with Citigroup. Please proceed with your question. Jason Brueschke – Citigroup Thank you. Good morning Charles, Herman and Cathy, and congratulations on the quarter. My first question, maybe I’ll just key off at...
Buying Sina Ahead of Earnings
eChristian Investing submits: Sina SINA is scheduled to report third quarter 2008 results after the market closes on Wednesday, November 12. Based on our analysis, we at eChristianInvesting are expecting SINA to report better than expected results that beat Wall Street’s consensus expectations.Analyst Expectations We are forecasting revenues of $105.1...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Charles Chao | President & CEO |
| Herman Yu | Cfo |
| L. C. Chang | Executive Vice President & Chief Marketing Officer |
| Tong Chen | Executive Vice President & Chief Editor |
| Benjamin Tsiang | Executive Vice President, Prod Development |
| Hong Du | Senior Vice President, Sales & Marketing |
| Bin Wang | Vice President & General Manager |
| Angela Chen | General Manager |
| SongYi Zhang | Advisory Director |
| Chen Fu | Manager, Investor Relations |
| Hurst Lin | * |
| Duan Yongji | Director |
| Tae Hea Nahm | Investor |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Daniel Chiang | Chairman |
| Daniel Mao | Board of Directors |
| Joseph Tzeng | Board of Directors |
| Lip-Bu Tan | Board of Directors |
| Pehong Chen | Board of Directors |
| Ter-Fung Tsao | Board of Directors |
| Xiaotao Chen | Board of Directors |
| Yan Wang | Vice Chairman & Interim Chairman |
| Yichen Zhang | Board of Directors |
| Zhang Yi | Board of Directors |
Charles Chao has served as a director and Chief Executive Officer since May 2006. Mr. Chao has served as our President since September 2005 and as our Chief Financial Officer from February 2001 to May 2006. Mr. Chao served as our Co-Chief Operating Officer from July 2004 to September 2005. Mr. Chao served as our Executive Vice President from April 2002 to June 2003. From September 1999 to January 2001, Mr. Chao served as our Vice President, Finance. Mr. Chao has played a vital role in building SINA into an Internet media and online advertising giant in China. He is largely responsible in the success of our past mergers and acquisitions. Prior to joining us, Mr. Chao served as an experienced audit manager at PricewaterhouseCoopers, LLP. Prior to that, Mr. Chao was a news correspondent at Shanghai Media Group. Mr. Chao is currently a director of Focus Media, an out-of-home media and advertising network company, NetDragon Websoft Inc., a company providing technology for online gaming, and E-House (China) Holdings Limited, a company providing real estate services and information in China. Mr. Chao holds a Master of Professional Accounting degree from University of Texas at Austin, an M.A. in Journalism from University of Oklahoma and a B.A. in Journalism from Fudan University in Shanghai, China.
| Organization | Position | Status |
|---|---|---|
| Sina Corporation | President & CEO | Current |
| Sina Corporation | Board of Directors | Current |
| Focus Media Holding Limited | Board of Directors | Current |
| Sina Corporation | President & CFO | Former |
| The University of Oklahoma | MA degree in journalism | Former |
| The University of Texas at Austin | master of professional accounting | Former |
| Fudan University | BA degree in Journalism | Former |
Herman Yu has served as the Company’s Chief Financial Officer since August 2007. Mr. Yu has served as our Acting Chief Financial Officer from May 2006 to August 2007 and Vice President and Corporate Controller from September 2004 to May 2006. Prior to joining SINA, Mr. Yu worked at Adobe Systems, as the Corporate Marketing Controller from June 2001 to September 2004 and as the Chief Auditor from January 1999 to May 2001. Mr. Yu also held various finance and accounting management positions at Cadence Design Systems, Inc. and VeriFone, Inc. Mr. Yu began his career with Arthur Andersen and is a California Certified Public Accountant. Mr. Yu holds a Masters of Accountancy from the University of Southern California and a Bachelor of Arts in Economics from the University of California. He is a member of the American Institute of Certified Public Accountants (AICPA) and Financial Executive Institute (FEI).
| Organization | Position | Status |
|---|---|---|
| Sina Corporation | Cfo | Current |
| Organization | Position | Status |
|---|---|---|
| Sina Corporation | Executive Vice President & Chief Marketing Officer | Current |
Tong Chen has served as the Company’s Executive Vice President and Chief Editor since February 2007. In 1997, Mr. Chen took part in the founding of SRSnet.com, a division of Beijing Stone Rich Sight Information Technology Co., Ltd. (currently known as Beijing SINA Information Technology Co. Ltd.), one of our subsidiaries, and he formally joined the Company in March 1998. Mr. Chen served as host of our SRSnet.com Sports Salon from April 1997 to August 1998, Chief Editor of our News Center from September 1998 to June 1999, our Content Director from June 1999 to June 2000, Executive Deputy General Manager of our China Operation from June 2000 to May 2002, our Vice President and Chief Editor from May 2002 to November 2003 and our Senior Vice President and Chief Editor from November 2003 to February 2007. Mr. Chen holds an M.B.A. from China-Europe International Business School, an M.A. in Journalism from Renmin University of China, an M.A. in Communications from Beijing Institute of Technology and a B.S. in electronic engineering from Beijing University of Technology.
| Organization | Position | Status |
|---|---|---|
| Sina Corporation | Executive Vice President & Chief Editor | Current |
| Organization | Position | Status |
|---|---|---|
| Sina Corporation | Executive Vice President, Prod Development | Current |
Hong Du has served as the Company’s Chief Operating Officer since February 2008. Ms. Du joined the Company in November 1999 and worked in the Business Development department until April 2004. From May 2004 to January 2005, Ms. Du served as Deputy General Manager of 1Pai.com, a joint venture between SINA and Yahoo! Ms. Du rejoined the Company in January 2005 and served as our General Manager of Sales Strategy from January 2005 to March 2005, General Manager of Sales from April 2005 to August 2005, Vice President of Sales from September 2005 to February 2007 and Senior Vice President of Sales and Marketing from February 2007 to February 2008. Ms. Du holds a B.S. in Applied Chemistry from Harbin Institute of Technology and an M.S. in MIS from San Francisco State University.
| Organization | Position | Status |
|---|---|---|
| Sina Corporation | Senior Vice President, Sales & Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| Sina Corporation | Vice President & General Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Sina Corporation | General Manager | Current |
| Sybase, Inc. | President | Former |
| Sina Corporation | Director of Sales and Marketing | Former |
| Organization | Position | Status |
|---|---|---|
| Sina Corporation | Advisory Director | Current |
| Arreon Carbon | Chairman | Current |
| Sina Corporation | Director | Current |
| Yale Law School | J.D. Degree | Former |
| Organization | Position | Status |
|---|---|---|
| Sina Corporation | Manager, Investor Relations | Current |
| Organization | Position | Status |
|---|---|---|
| Sina Corporation | * | Current |
| Sina Corporation | Board of Directors | Current |
Selected in 1998 by Inter@ctive Week Magazine as one of "Asia's Internet Moguls," Mr. Chiang held the position of Chief Executive Officer at SINANET.com before his election as Chairman. Prior to joining SINANET.com in 1996, he was President of Trend Micro, Inc., an international corporation specializing in Internet virus protection and content security for large enterprises. Under Mr. Chiang's leadership, Trend Micro expanded from a 10-person operation to a multi-national company with more than 200 employees and 1997 revenues of $60 million. He holds a master's degree in Political Economy from the University of Texas, Dallas, and a bachelor's degree in Diplomacy from National Cheng-chi University, Taiwan.
| Organization | Position | Status |
|---|---|---|
| Sina Corporation | Chairman | Current |
| Trend Micro Inc. | President | Former |
| Sina Corporation | Board of Directors | Former |
| The University of Texas | Master's Degree In Political Economy | Former |
| Organization | Position | Status |
|---|---|---|
| Walden Vc | Board of Directors | Current |
| Sina Corporation | Board of Directors | Current |
| Sina Corporation | Chief Executive Officer | Former |
| Sina Corporation | Chief Operating Officer | Former |
| Walden International | Vice President | Former |
| Walden Vc | Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| Stone Group Holdings Limited | Chairman | Current |
| Stone Group Holdings Limited | Chairman | Current |
| Sina Corporation | Director | Current |
| Organization | Position | Status |
|---|---|---|
| Crimson Technologies Inc | Managing Director, Crystal Internet Venture Funds | Current |
| Crystal Ventures Llp | Managing Director | Current |
| Synacor, Inc. | Managing Director | Current |
| Vc Demo | Director and Co-Founder, Crystal Ventures | Current |
| Sinacom | Board of Directors | Current |
| Crimson Technologies Inc | Board of Directors | Current |
| Synacor, Inc. | Board of Directors | Current |
| BabyCenter, LLC | Board of Directors | Current |
| Cobalt Networks | Board of Directors | Current |
| Sina Corporation | Board of Directors | Current |
| Informative, Inc. | Board of Directors | Current |
| Exavio, Inc. | Member | Current |
| Intellicorp Inc. | Chief Executive Officer | Former |
| Crimson Technologies Inc | Director, Crystal Internet Venture Funds | Former |
| Infravio, Inc. | Executive | Former |
| The Wall Street Journal | Former | |
| BusinessWeek | Former | |
| Intellicorp Inc. | Chairman | Former |
| Drexel University | Ph.D. in electrical engineering and applied physics | Former |
| Case Western Reserve University | M.S. in Computer Engineering and Information Sciences | Former |
| National Chiao Tung University | Undergraduate Degree In Computer Science and Electronics Engineering | Former |
| National Chiao Tung University | undergraduate degree in Computer Science and Electronics Engineering | Former |
| Cobalt Networks | Member | Former |
| BabyCenter, LLC | Member | Former |
| Synacor, Inc. | Member | Former |
Lip-Bu Tan has served as a director since March 1999. Mr. Tan is the Founder and Chairman of Walden International, an international venture capital firm founded in 1984. Mr. Tan is currently a director of Creative Technology Ltd., a multimedia technology company, Flextronics International Ltd., an electronics manufacturing services company, Cadence Design Systems Inc., an EDA company, Semiconductor Manufacturing International Corp., a foundry in China, MindTree Consulting, an IT and R&D Services Company, and several other private companies. He holds an M.S. in Nuclear Engineering from the Massachusetts Institute of Technology, an M.B.A. from the University of San Francisco and a B.S. from Nanyang University, Singapore.
| Organization | Position | Status |
|---|---|---|
| Sina Corporation | Board of Directors | Current |
Pehong Chen has served as a director since March 1999. Mr. Chen has been the Chief Executive Officer, President and Chairman of the Board of Broadvision, Inc., a software applications company, since May 1993. Prior to founding Broadvision, Mr. Chen was Vice President of Multimedia Technology at Sybase, Inc., an enterprise software company, from 1992 to 1993. From 1989 to 1992, Mr. Chen founded and was president of Gain Technology, a multimedia software tools company, which was acquired by Sybase. He received a B.S. in Computer Science from National Taiwan University, an M.S. in Computer Science from Indiana University and a Ph.D. in Computer Science from the University of California at Berkeley.
| Organization | Position | Status |
|---|---|---|
| Sina Corporation | Board of Directors | Current |
| The Gain Company | Founder | Former |
Ter Fung Tsao has served as a director since March 1999. Mr. Tsao has served as Chairman of Standard Foods Corporation (formerly known as Standard Foods Taiwan Ltd.), a packaged food company, since 1986. Before joining Standard Foods Taiwan Ltd., Mr. Tsao worked in several positions within The Quaker Oats Company, a packaged food company, in the United States and Taiwan. Mr. Tsao received a B.S. in Civil Engineering from Cheng Kung University in Taiwan, an M.S. in Sanitary Engineering from Colorado State University, and a Ph.D. in Food and Chemical Engineering from Colorado State University.
| Organization | Position | Status |
|---|---|---|
| Sina Corporation | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Sina Corporation | Board of Directors | Current |
Yan Wang has served as a director since May 2003 and is currently serving as our Chairman of the Board. Mr. Wang served as our Vice Chairman of the Board from May 2006 to May 2008. Previously, he served as our Chief Executive Officer from May 2003 to May 2006, our President from June 2001 to May 2003, our General Manager of China Operations from September 1999 to May 2001 and as our Executive Deputy General Manager for Production and Business Development in China from April 1999 to August 1999. In April 1996, Mr. Wang founded the SRSnet.com division of Beijing Stone Rich Sight Limited (currently known as Beijing SINA Information Technology Co. Ltd.), one of our subsidiaries. From April 1996 to April 1999, Mr. Wang served as the head of our SRS Internet Group. Mr. Wang holds a B.A. in Law from the University of Paris.
| Organization | Position | Status |
|---|---|---|
| Sina Corporation | Vice Chairman & Interim Chairman | Current |
Yichen Zhang has served as a director since May 2002. Since August 2003, Mr. Zhang has been the Chief Executive Officer of CITIC Capital Holdings Limited (“CCHL,” formerly known as CITIC Capital Markets Holdings Ltd.), a China-focused investment management and advisory firm. Mr. Zhang served as the Deputy Chief Executive Officer of CCHL from June 2002 to July 2003, and served as an Executive Director of CITIC Pacific Limited and President of CITIC Pacific Communications Limited from March 2000 to May 2002. From September 1996 to February 2000, he served as Managing Director — Debt Capital Markets for Merrill Lynch (Asia Pacific), Ltd., an investment banking firm. Mr. Zhang holds a B.S. in Computer Science and Engineering from the Massachusetts Institute of Technology.
| Organization | Position | Status |
|---|---|---|
| Sina Corporation | Board of Directors | Current |
Prior to his current positions at CITIC, Mr. Zhang was the Managing Director of Debt Capital Markets of Merrill Lynch (Asia Pacific) Ltd. Before he joined Merrill Lynch, Mr. Zhang had 10 years of experience in finance and capital markets both in Asia and the US. Mr. Zhang received his bachelor degree in computer science from MIT. In addition, he also attended the Sloan School of Management at MIT
| Organization | Position | Status |
|---|---|---|
| Sina Corporation | Board of Directors | Current |
| MIT Sloan School of Management | Former |
| Organization | Position | Status |
|---|---|---|
| Storm Ventures, Inc. | Managing Director | Current |
| Longboard, Inc. | General Partner | Current |
| Storm Ventures, Inc. | General Partner | Current |
| Refyx | Current | |
| Longboard, Inc. | Board Director | Current |
| Marketo, Inc. | Board of Directors | Current |
| 5SQUARE Systems Corporation | Board Director | Current |
| Landec Corporation | Investor | Current |
| Netro Corporation | Investor | Current |
| Sina Corporation | Investor | Current |
| Venture Law Group | cofounding partner | Former |
| Wilson Sonsini Goodrich & Rosati | partner | Former |
| Berkana Wireless, Inc. | co-Chairman, investor | Former |
| The University of Chicago Law School | JD | Former |
| University of Chicago | Jd | Former |
| Harvard College | AB in Applied Mathematics | Former |
Executive News
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Sina Corp. Reports Mixed Results, Guides Below Consensus
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China's Sina Falls as Profit Drops
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Sina upbeat on sales despite 31pc profit fall
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Sina reports falling profits as it waits on merger
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Sina.com 1Q profit falls 31 percent on ad slowdown
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Sina Q1 Profit Declines; Guides Q2 Revenues - Update
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UPDATE 1-Sina profit slides, revenue outlook misses
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SINA Reports First Quarter 2009 Financial Results
| Volume | 3,483,583 |
| Shares Outstanding | 55.8M |
| Market Cap | 1.7B |
| Year High | 47.86 |
| Year Low | 17.89 |
| Earnings Per Share | 1.37 |
| P/E Ratio | 23.2263 |
| Dividend | 0.00 |
| Yield | 0.00 |
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