Annonce • Aug 06
Bilibili Inc. to Report Q2, 2026 Results on Aug 27, 2026 Bilibili Inc. announced that they will report Q2, 2026 results Pre-Market on Aug 27, 2026 New Risk • Jul 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Annonce • Jun 26
Bilibili Inc. (NasdaqGS:BILI) announces an Equity Buyback for $300 million worth of its shares. Bilibili Inc. (NasdaqGS:BILI) announces a share repurchase program. Under the program, the company will repurchase up to $300 million worth of its ADS. The repurchases will be funded from existing cash balance. The plan will be valid for 24 months. Reported Earnings • May 19
First quarter 2026 earnings released: EPS: CN¥0.50 (vs CN¥0.022 loss in 1Q 2025) First quarter 2026 results: EPS: CN¥0.50 (up from CN¥0.022 loss in 1Q 2025). Revenue: CN¥7.47b (up 6.7% from 1Q 2025). Net income: CN¥209.8m (up CN¥218.9m from 1Q 2025). Profit margin: 2.8% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Annonce • Apr 29
Bilibili Inc. to Report Q1, 2026 Results on May 19, 2026 Bilibili Inc. announced that they will report Q1, 2026 results Pre-Market on May 19, 2026 Annonce • Apr 17
Bilibili Inc., Annual General Meeting, Jun 17, 2026 Bilibili Inc., Annual General Meeting, Jun 17, 2026, at 16:30 China Standard Time. Location: building 3, guozheng center, no. 485 zhengli road, yangpu district, shanghai China Reported Earnings • Apr 17
Full year 2025 earnings released: EPS: CN¥2.85 (vs CN¥3.23 loss in FY 2024) Full year 2025 results: EPS: CN¥2.85 (up from CN¥3.23 loss in FY 2024). Revenue: CN¥30.3b (up 13% from FY 2024). Net income: CN¥1.19b (up CN¥2.54b from FY 2024). Profit margin: 3.9% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 06
Full year 2025 earnings released Full year 2025 results: Revenue: CN¥30.3b (up 13% from FY 2024). Net income: CN¥1.19b (up CN¥2.54b from FY 2024). Profit margin: 3.9% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Feb 20
Now 20% undervalued Over the last 90 days, the stock has risen 25% to US$30.84. The fair value is estimated to be US$38.60, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 8.3% per annum. Earnings are also forecast to grow by 37% per annum over the same time period. Annonce • Feb 12
Bilibili Inc. to Report Q4, 2025 Results on Mar 05, 2026 Bilibili Inc. announced that they will report Q4, 2025 results at 6:00 PM, China Standard Time on Mar 05, 2026 Buy Or Sell Opportunity • Feb 05
Now 21% undervalued Over the last 90 days, the stock has risen 3.6% to US$29.69. The fair value is estimated to be US$37.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 8.3% per annum. Earnings are also forecast to grow by 37% per annum over the same time period. New Risk • Jan 22
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Large one-off items impacting financial results. Buy Or Sell Opportunity • Jan 20
Now 20% undervalued Over the last 90 days, the stock has risen 7.8% to US$30.62. The fair value is estimated to be US$38.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 8.3% per annum. Earnings are also forecast to grow by 37% per annum over the same time period. Reported Earnings • Nov 14
Third quarter 2025 earnings released: EPS: CN¥1.13 (vs CN¥0.19 loss in 3Q 2024) Third quarter 2025 results: EPS: CN¥1.13 (up from CN¥0.19 loss in 3Q 2024). Revenue: CN¥7.69b (up 5.2% from 3Q 2024). Net income: CN¥470.2m (up CN¥549.7m from 3Q 2024). Profit margin: 6.1% (up from net loss in 3Q 2024). Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Annonce • Nov 13
Bilibili Inc. Announces Change of Joint Company Secretary and Process Agent Bilibili Inc. announced that Ms. Lai Ying Tung has been appointed as Joint Company Secretary and an authorized representative of the Company for accepting the service of process and notices on behalf of the Company in Hong Kong pursuant to Rule 19.05(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and under Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong), effective November 13, 2025. Ms. Lai replaces Ms. Chau Hing Ling Anita, who stepped down from these roles, effective on the same date. Ms. Chau has confirmed she has no disagreement with the Board and that there are no other matters relating to her resignation that need to be brought to the attention of shareholders or The Stock Exchange of Hong Kong Limited. Mr. Xin Fan, Chief Financial Officer, continues to serve as the Company's other Joint Company Secretary. Ms. Lai is currently a manager of corporate services of Vistra Corporate Services (HK) Limited and she has nearly 10 years of experience in corporate secretarial, providing a full range of corporate and compliance services to listed and private companies. She currently assists with corporate secretarial affairs of certain companies listed on the Main Board of the Hong Kong Stock Exchange. Ms. Lai obtained a master’s degree in Corporate Governance from Hong Kong Metropolitan University. She has been an associate member of The Hong Kong Chartered Governance Institute and of The Chartered Governance Institute in the United Kingdom since 2021. Annonce • Oct 23
Bilibili Inc. to Report Q3, 2025 Results on Nov 13, 2025 Bilibili Inc. announced that they will report Q3, 2025 results at 6:00 PM, China Standard Time on Nov 13, 2025 Buy Or Sell Opportunity • Oct 14
Now 23% undervalued Over the last 90 days, the stock has risen 7.2% to US$25.94. The fair value is estimated to be US$33.61, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 8.0% per annum. Earnings are also forecast to grow by 42% per annum over the same time period. Buy Or Sell Opportunity • Sep 26
Now 22% undervalued Over the last 90 days, the stock has risen 21% to US$25.82. The fair value is estimated to be US$32.92, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 8.0% per annum. Earnings are also forecast to grow by 42% per annum over the same time period. Reported Earnings • Aug 22
Second quarter 2025 earnings released: EPS: CN¥0.52 (vs CN¥1.46 loss in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.52 (up from CN¥1.46 loss in 2Q 2024). Revenue: CN¥7.34b (up 20% from 2Q 2024). Net income: CN¥219.0m (up CN¥827.7m from 2Q 2024). Profit margin: 3.0% (up from net loss in 2Q 2024). Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Breakeven Date Change • Aug 21 The 38 analysts covering Bilibili previously expected the company to break even in 2025. New consensus forecast suggests the company will make a profit of CN¥967.1m in 2025. Earnings growth of 34% is required to achieve expected profit on schedule.
New Risk • Aug 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Annonce • Aug 05
Bilibili Inc. to Report Q2, 2025 Results on Aug 21, 2025 Bilibili Inc. announced that they will report Q2, 2025 results Pre-Market on Aug 21, 2025 Board Change • Jun 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. Independent Director Guoqi Ding was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annonce • May 06
Bilibili Inc. to Report Q1, 2025 Results on May 20, 2025 Bilibili Inc. announced that they will report Q1, 2025 results Pre-Market on May 20, 2025 Annonce • Apr 11
Bilibili Inc., Annual General Meeting, Jun 20, 2025 Bilibili Inc., Annual General Meeting, Jun 20, 2025, at 16:30 China Standard Time. Location: building 3, guozheng center, no. 485 zhengli road, yangpu district, shanghai, China Annonce • Mar 13
Bilibili Inc. to Report Q4, 2024 Final Results on Mar 25, 2025 Bilibili Inc. announced that they will report Q4, 2024 final results at 6:00 PM, China Standard Time on Mar 25, 2025 Board Change • Mar 06
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. Independent Director Guoqi Ding was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annonce • Feb 06
Bilibili Inc. to Report Q4, 2024 Results on Feb 20, 2025 Bilibili Inc. announced that they will report Q4, 2024 results at 6:00 PM, China Standard Time on Feb 20, 2025 Board Change • Jan 30
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. Independent Director Guoqi Ding was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 15
Third quarter 2024 earnings released: CN¥0.19 loss per share (vs CN¥3.26 loss in 3Q 2023) Third quarter 2024 results: CN¥0.19 loss per share (improved from CN¥3.26 loss in 3Q 2023). Revenue: CN¥7.31b (up 26% from 3Q 2023). Net loss: CN¥79.5m (loss narrowed 94% from 3Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings. Breakeven Date Change • Nov 15 The 37 analysts covering Bilibili previously expected the company to break even in 2025. New consensus forecast suggests losses will reduce by 73% to 2024. The company is expected to make a profit of CN¥292.1m in 2025. Average annual earnings growth of 0.5% is required to achieve expected profit on schedule.
Annonce • Oct 31
Bilibili Inc. to Report Q3, 2024 Results on Nov 14, 2024 Bilibili Inc. announced that they will report Q3, 2024 results Pre-Market on Nov 14, 2024 Buy Or Sell Opportunity • Oct 09
Now 24% undervalued Over the last 90 days, the stock has risen 36% to US$22.99. The fair value is estimated to be US$30.28, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 14%. Revenue is forecast to grow by 18% in a year. Earnings are forecast to grow by 87% in the next year. New Risk • Sep 27
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 10.0% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 23
Second quarter 2024 earnings released: CN¥1.46 loss per share (vs CN¥3.74 loss in 2Q 2023) Second quarter 2024 results: CN¥1.46 loss per share (improved from CN¥3.74 loss in 2Q 2023). Revenue: CN¥6.13b (up 16% from 2Q 2023). Net loss: CN¥608.7m (loss narrowed 61% from 2Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 44% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Aug 07
Now 21% undervalued Over the last 90 days, the stock has risen 14% to US$15.57. The fair value is estimated to be US$19.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 3.3%. Revenue is forecast to grow by 16% in a year. Earnings are forecast to grow by 75% in the next year. Annonce • Aug 01
Bilibili Inc. to Report Q2, 2024 Results on Aug 22, 2024 Bilibili Inc. announced that they will report Q2, 2024 results at 6:00 PM, China Standard Time on Aug 22, 2024 Breakeven Date Change • Jul 15
Forecast breakeven date moved forward to 2025 The 36 analysts covering Bilibili previously expected the company to break even in 2026. New consensus forecast suggests losses will reduce by 65% to 2024. The company is expected to make a profit of CN¥42.0m in 2025. Average annual earnings growth of 80% is required to achieve expected profit on schedule. Breakeven Date Change • Jul 05
Forecast breakeven date moved forward to 2025 The 36 analysts covering Bilibili previously expected the company to break even in 2026. New consensus forecast suggests losses will reduce by 65% to 2024. The company is expected to make a profit of CN¥21.2m in 2025. Average annual earnings growth of 80% is required to achieve expected profit on schedule. Reported Earnings • May 24
First quarter 2024 earnings released: CN¥1.80 loss per share (vs CN¥1.53 loss in 1Q 2023) First quarter 2024 results: CN¥1.80 loss per share (further deteriorated from CN¥1.53 loss in 1Q 2023). Revenue: CN¥5.66b (up 12% from 1Q 2023). Net loss: CN¥748.5m (loss widened 19% from 1Q 2023). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 50% per year, which means it is significantly lagging earnings. Annonce • May 12
Bilibili Inc. to Report Q1, 2024 Results on May 23, 2024 Bilibili Inc. announced that they will report Q1, 2024 results at 6:00 PM, China Standard Time on May 23, 2024 Buy Or Sell Opportunity • Apr 30
Now 24% undervalued Over the last 90 days, the stock has risen 38% to US$12.61. The fair value is estimated to be US$16.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has declined by 6.1%. Revenue is forecast to grow by 26% in 2 years. Earnings are forecast to grow by 94% in the next 2 years. Annonce • Apr 11
Bilibili Inc., Annual General Meeting, Jun 28, 2024 Bilibili Inc., Annual General Meeting, Jun 28, 2024, at 16:30 China Standard Time. Location: Building 3, Guozheng Center, No. 485 Zhengli Road Yangpu District Shanghai Province China Agenda: To receive the audited consolidated financial statements of the Company and the reports of the Directors and auditor of the Company for the year ended December 31, 2023; to re-elect Rui Chen to serve as a director; to re-elect JP Gan as an independent director; to re-elect Eric as an independent director; to authorize the Board to fix the remuneration of the Directors of the Company; to re-appoint PricewaterhouseCoopers as auditor of the Company to hold office until the conclusion of the next annual general meeting of the Company and to authorize the Board to fix their remuneration for the year ending December 31, 2024; and to transact other matters. Reported Earnings • Apr 10
Full year 2023 earnings released: CN¥11.67 loss per share (vs CN¥18.99 loss in FY 2022) Full year 2023 results: CN¥11.67 loss per share (improved from CN¥18.99 loss in FY 2022). Revenue: CN¥22.5b (up 2.9% from FY 2022). Net loss: CN¥4.82b (loss narrowed 36% from FY 2022). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 52% per year, which means it is performing significantly worse than earnings. Annonce • Mar 16
Bilibili Inc. to Report Fiscal Year 2023 Results on Mar 27, 2024 Bilibili Inc. announced that they will report fiscal year 2023 results on Mar 27, 2024 Reported Earnings • Mar 07
Full year 2023 earnings released: CN¥11.67 loss per share (vs CN¥18.99 loss in FY 2022) Full year 2023 results: CN¥11.67 loss per share (improved from CN¥18.99 loss in FY 2022). Revenue: CN¥22.5b (up 2.9% from FY 2022). Net loss: CN¥4.82b (loss narrowed 36% from FY 2022). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 54% per year, which means it is performing significantly worse than earnings. Annonce • Feb 21
Bilibili Inc. to Report Q4, 2023 Results on Mar 07, 2024 Bilibili Inc. announced that they will report Q4, 2023 results at 9:30 AM, US Eastern Standard Time on Mar 07, 2024 Breakeven Date Change • Dec 31
Forecast to breakeven in 2026 The 39 analysts covering Bilibili expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of CN¥1.27b in 2026. Average annual earnings growth of 70% is required to achieve expected profit on schedule. Reported Earnings • Nov 30
Third quarter 2023 earnings released: CN¥3.26 loss per share (vs CN¥4.34 loss in 3Q 2022) Third quarter 2023 results: CN¥3.26 loss per share (improved from CN¥4.34 loss in 3Q 2022). Revenue: CN¥5.81b (flat on 3Q 2022). Net loss: CN¥1.35b (loss narrowed 21% from 3Q 2022). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has fallen by 43% per year, which means it is performing significantly worse than earnings. New Risk • Nov 30
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 1.2% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.2% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Shareholders have been diluted in the past year (4.5% increase in shares outstanding). Annonce • Nov 29
Bilibili Inc. Provides Earnings Guidance for the Full Year of 2023 Bilibili Inc. provided earnings guidance for the full year of 2023. For the full year of 2023, due to lower-than-expected mobile game revenues, the company currently expects total net revenues to be at the low-end of the RMB 22.5 billion to RMB 23.5 billion range. Annonce • Nov 17
Bilibili Inc. to Report Q3, 2023 Results on Nov 29, 2023 Bilibili Inc. announced that they will report Q3, 2023 results at 6:00 PM, China Standard Time on Nov 29, 2023 New Risk • Aug 20
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Shareholders have been diluted in the past year (5.2% increase in shares outstanding). Annonce • Aug 18
Bilibili Inc. Revises Revenues Guidance for the Full Year of 2023 Bilibili Inc. revised revenues guidance for the full year of 2023. For the year, the company currently expects total net revenues to be between RMB 22.5 billion and RMB 23.5 billion. This compares with total net revenues expected between RMB 24.0 billion and RMB 26.0 billion as previously stated, which reflected the best information available at the time. Reported Earnings • Aug 18
Second quarter 2023 earnings released: CN¥3.74 loss per share (vs CN¥5.08 loss in 2Q 2022) Second quarter 2023 results: CN¥3.74 loss per share (improved from CN¥5.08 loss in 2Q 2022). Revenue: CN¥5.30b (up 8.1% from 2Q 2022). Net loss: CN¥1.55b (loss narrowed 23% from 2Q 2022). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 28% per year whereas the company’s share price has fallen by 30% per year. Annonce • Aug 05
Bilibili Inc. to Report Q2, 2023 Results on Aug 17, 2023 Bilibili Inc. announced that they will report Q2, 2023 results at 9:30 AM, US Eastern Standard Time on Aug 17, 2023 Breakeven Date Change • Jul 27
No longer forecast to breakeven The 37 analysts covering Bilibili no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of CN¥68.8m in 2025. New consensus forecast suggests the company will make a loss of CN¥73.0m in 2025. Breakeven Date Change • Jul 10
Forecast to breakeven in 2025 The 36 analysts covering Bilibili expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 51% per year to 2024. The company is expected to make a profit of CN¥68.8m in 2025. Average annual earnings growth of 76% is required to achieve expected profit on schedule. Buying Opportunity • Jun 23
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 35%. The fair value is estimated to be US$19.58, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Earnings per share has declined by 40%. Revenue is forecast to grow by 35% in 2 years. Earnings is forecast to grow by 77% in the next 2 years. Annonce • Jun 02
Bilibili Inc. Provides Revenue Guidance for the Full Year of 2023 Bilibili Inc. provided revenue guidance for the full year of 2023. For the year, the company expects net revenues to be between RMB 24.0 billion and RMB 26.0 billion, which remains unchanged from the previously provided estimates. Reported Earnings • Jun 02
First quarter 2023 earnings released: CN¥1.59 loss per share (vs CN¥5.80 loss in 1Q 2022) First quarter 2023 results: CN¥1.59 loss per share (improved from CN¥5.80 loss in 1Q 2022). Revenue: CN¥5.07b (flat on 1Q 2022). Net loss: CN¥627.7m (loss narrowed 73% from 1Q 2022). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings. Annonce • May 20
Bilibili Inc. to Report Q1, 2023 Results on Jun 01, 2023 Bilibili Inc. announced that they will report Q1, 2023 results at 9:30 AM, US Eastern Standard Time on Jun 01, 2023 Reported Earnings • Apr 29
Full year 2022 earnings released: CN¥18.99 loss per share (vs CN¥17.87 loss in FY 2021) Full year 2022 results: CN¥18.99 loss per share (further deteriorated from CN¥17.87 loss in FY 2021). Revenue: CN¥21.9b (up 13% from FY 2021). Net loss: CN¥7.50b (loss widened 10% from FY 2021). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Entertainment industry in the United Kingdom. Buying Opportunity • Mar 31
Now 22% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be US$30.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 38% over the last 3 years. Earnings per share has declined by 51%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings is also forecast to grow by 72% per annum over the same time period. Buying Opportunity • Mar 06
Now 21% undervalued Over the last 90 days, the stock is up 5.2%. The fair value is estimated to be US$27.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 38% over the last 3 years. Earnings per share has declined by 51%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings is also forecast to grow by 71% per annum over the same time period. Reported Earnings • Mar 03
Full year 2022 earnings released: CN¥18.99 loss per share (vs CN¥17.87 loss in FY 2021) Full year 2022 results: CN¥18.99 loss per share (further deteriorated from CN¥17.87 loss in FY 2021). Revenue: CN¥21.9b (up 13% from FY 2021). Net loss: CN¥7.50b (loss widened 10% from FY 2021). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Annonce • Feb 15
Bilibili Inc. to Report Q4, 2022 Results on Mar 02, 2023 Bilibili Inc. announced that they will report Q4, 2022 results at 5:00 AM, US Eastern Standard Time on Mar 02, 2023 Annonce • Jan 10
Bilibili Inc. has completed a Follow-on Equity Offering in the amount of $408.9176 million. Bilibili Inc. has completed a Follow-on Equity Offering in the amount of $408.9176 million.
Security Name: American Depositary Shares
Security Type: Depositary Receipt (Common Stock)
Securities Offered: 15,344,000
Price\Range: $26.65 Reported Earnings • Nov 30
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: CN¥5.79b (up 11% from 3Q 2021). Net loss: CN¥1.71b (loss narrowed 36% from 3Q 2021). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance. Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. Independent Director Guoqi Ding was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 09
Second quarter 2022 earnings released: CN¥5.08 loss per share (vs CN¥2.91 loss in 2Q 2021) Second quarter 2022 results: CN¥5.08 loss per share (further deteriorated from CN¥2.91 loss in 2Q 2021). Revenue: CN¥4.91b (up 9.2% from 2Q 2021). Net loss: CN¥2.01b (loss widened 79% from 2Q 2021). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. Reported Earnings • Jun 10
First quarter 2022 earnings released First quarter 2022 results: Revenue: CN¥5.05b (up 30% from 1Q 2021). Net loss: CN¥2.28b (loss widened 153% from 1Q 2021). Over the next year, revenue is forecast to grow 22%, compared to a 33% growth forecast for the industry in the United Kingdom. Reported Earnings • Apr 27
Full year 2021 earnings released: CN¥17.87 loss per share (vs CN¥8.71 loss in FY 2020) Full year 2021 results: CN¥17.87 loss per share (down from CN¥8.71 loss in FY 2020). Revenue: CN¥19.4b (up 62% from FY 2020). Net loss: CN¥6.79b (loss widened 125% from FY 2020). Over the next year, revenue is forecast to grow 32%, compared to a 33% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. Board Change • Apr 27
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. Independent Director Guoqi Ding was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Buying Opportunity • Apr 19
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 35%. The fair value is estimated to be US$32.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 51% over the last 3 years. Earnings per share has declined by 65%. For the next 3 years, revenue is forecast to grow by 21% per annum. Earnings is also forecast to grow by 31% per annum over the same time period. Board Change • Apr 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. Independent Director Guoqi Ding was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 04
Full year 2021 earnings: Revenues in line with analyst expectations Full year 2021 results: Revenue: CN¥19.4b (up 62% from FY 2020). Net loss: CN¥6.79b (loss widened 125% from FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 32%, compared to a 39% growth forecast for the industry in the United Kingdom. Board Change • Mar 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. Independent Director Guoqi Ding was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 18
Third quarter 2021 earnings released: CN¥6.90 loss per share (vs CN¥3.08 loss in 3Q 2020) The company reported a mediocre third quarter result with increased losses and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: CN¥5.21b (up 61% from 3Q 2020). Net loss: CN¥2.68b (loss widened 147% from 3Q 2020). Reported Earnings • Nov 18
Third quarter 2021 earnings released: CN¥6.90 loss per share (vs CN¥3.08 loss in 3Q 2020) The company reported a mediocre third quarter result with increased losses and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: CN¥5.21b (up 61% from 3Q 2020). Net loss: CN¥2.68b (loss widened 147% from 3Q 2020). Reported Earnings • Aug 20
Second quarter 2021 earnings released: CN¥2.91 loss per share (vs CN¥1.63 loss in 2Q 2020) The company reported a mediocre second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: CN¥4.50b (up 72% from 2Q 2020). Net loss: CN¥1.12b (loss widened 98% from 2Q 2020). Breakeven Date Change • May 14
Forecast to breakeven in 2024 The 28 analysts covering Bilibili expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of CN¥319.2m in 2024. Average annual earnings growth of 61% is required to achieve expected profit on schedule. Reported Earnings • May 14
First quarter 2021 earnings released: CN¥2.54 loss per share (vs CN¥1.63 loss in 1Q 2020) The company reported a mediocre first quarter result with increased losses and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: CN¥3.90b (up 69% from 1Q 2020). Net loss: CN¥903.6m (loss widened 69% from 1Q 2020). Reported Earnings • Feb 26
Full year 2020 earnings released: CN¥8.71 loss per share (vs CN¥3.99 loss in FY 2019) The company reported a mediocre full year result with increased losses and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: CN¥12.0b (up 77% from FY 2019). Net loss: CN¥3.01b (loss widened 134% from FY 2019). Analyst Estimate Surprise Post Earnings • Feb 26
Revenue beats expectations Revenue exceeded analyst estimates by 1.7%. Over the next year, revenue is forecast to grow 60%, compared to a 13% growth forecast for the Entertainment industry in the United Kingdom. Annonce • Feb 09
Bilibili Inc. to Report Q4, 2020 Results on Feb 24, 2021 Bilibili Inc. announced that they will report Q4, 2020 results After-Market on Feb 24, 2021 Is New 90 Day High Low • Feb 04
New 90-day high: US$143 The company is up 200% from its price of US$47.68 on 04 November 2020. The British market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is up 38% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$81.35 per share. Annonce • Jan 28
MINISO Partners with Bilibili on Two Co-branded Collections for Generation Z The branded variety retailer MINISO has teamed up with the popular Chinese video-sharing website Bilibili to launch two special product collections on January based on two of the platform's beloved IP, the Bili Girls and Bilibili TV. The Bili Girls 22&33, which were voted by Bilibili users to represent the platform as mascots, are an animated sister duo comprised of 22, the vivacious older sister, and 33, the reserved younger sister, while Bilibili TV is the instantly-recognizable icon that forms part of the platform's logo. These two collections follow in the footsteps of the two parties' successful previous collaboration on the well-known Chinese animation "Heaven Official's Blessing". All products based on the two main characters in this animation - HuaCheng and XieLian have been popular with many Chinese fans. As part of its commitment to deliver consumers eye-catching design, MINISO has integrated the Bili Girls and Bilibili TV to the products and packaging of the collection, which includes digital appliances, seasonal products, beauty tools, premium bags, and more. The Bili Girls have been incorporated into a variety of daily items such as earphone cases, masks, eye masks, hats, and shopping bags, while Bilibili TV has been applied to a series of practical products to infuse them with the Bilibili spirit. The special collections were launched at a MINISO store at Shanghai Century Plaza on January 16, attracting large crowds of fans to uncover the products and snap them up in an immersive offline experience. As the leading online entertainment platform for China's youth, Bilibili boasts more than 200 million monthly active users, of whom most are under 25. Given the shared core target consumer group of Generation Z, this collaboration between the two parties aims to deliver the element of surprise that young consumers seek, by building up a wider universe anchored in beloved IP and realizing an exciting offline shopping experience. Is New 90 Day High Low • Jan 15
New 90-day high: US$124 The company is up 176% from its price of US$44.99 on 14 October 2020. The British market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is up 36% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$77.05 per share. Reported Earnings • Nov 20
Third quarter 2020 earnings released: CN¥3.08 loss per share The company reported a mediocre third quarter result with increased losses and weaker control over expenses, although revenues were improved. Third quarter 2020 results: Revenue: CN¥3.23b (up 74% from 3Q 2019). Net loss: CN¥1.08b (loss widened 166% from 3Q 2019). Analyst Estimate Surprise Post Earnings • Nov 20
Revenue beats expectations Revenue exceeded analyst estimates by 4.6%. Over the next year, revenue is forecast to grow 52%, compared to a 23% growth forecast for the Entertainment industry in the United Kingdom. Annonce • Oct 28
Bilibili Inc. to Report Q3, 2020 Results on Nov 18, 2020 Bilibili Inc. announced that they will report Q3, 2020 results on Nov 18, 2020 
