Bilibili Inc. (“Bilibili” or the “Company”) (NASDAQ: BILI and HKEX:
9626), an iconic brand and a leading video community for young
generations in China, today announced its unaudited financial
results for the third quarter ended September 30, 2024.
Third Quarter 2024
Highlights:
- Total
net revenues were RMB7.31 billion (US$1,041.0 million),
representing an increase of 26% year over year.
- Mobile
games revenues were RMB1.82 billion (US$259.7 million),
representing an increase of 84% year over year.
-
Advertising revenues were RMB2.09 billion
(US$298.5 million), representing an increase of 28% year over
year.
- Gross
profit was RMB2.55 billion (US$363.0 million),
representing an increase of 76% year over year. Gross profit margin
reached 34.9%, improving from 25.0% in the same period last
year.
- Net
loss was RMB79.8 million (US$11.4 million), narrowing by
94% year over year.
- Adjusted
net profit1 was RMB235.9 million (US$33.6
million), compared with an adjusted net loss of RMB863.5 million in
the same period last year.
-
Operating cash flow was RMB2.23 billion (US$317.1
million) in the third quarter of 2024, compared with RMB277.4
million in the same period last year.
- Average
daily active users (DAUs) were 107.3 million, compared
with 102.8 million in the same period last year.
“This quarter, we sustained strong growth
momentum across our community metrics and key business lines,” said
Mr. Rui Chen, chairman and chief executive officer of Bilibili.
“Both DAUs and MAUs hit record highs of 107 million and 348
million, respectively. Users' average daily time spent also reached
a new high of 106 minutes, increasing by 6 minutes compared to the
same period last year. With our thriving community and highly
engaged user base, we are well-positioned to tap into greater user
value through our diverse commercial offerings. Total revenues in
the third quarter came in at RMB7.31 billion, increasing by 26%
year over year. In particular, revenues from our mobile games and
advertising businesses increased by 84% and 28% year over year,
respectively. With our consistent effort in improving
commercialization efficiency, we achieved our first non-GAAP net
profit in this quarter. This milestone is just a new starting
point. Going forward, we will further develop our commercial
capabilities while reinforcing our community ecosystem, bringing
long-term value to all of our stakeholders.”
Mr. Sam Fan, chief financial officer of
Bilibili, said, “In the third quarter, robust growth in our
high-margin mobile games and advertising businesses accelerated our
total revenue growth and significantly expanded our margins. Our
gross profit surged by 76% year on year and our gross profit margin
rose considerably to 34.9%, up from 25.0% in the same period last
year. Consequently, we recorded an adjusted operating profit of
RMB272.2 million compared with a loss of RMB755.4 million from the
same period of 2023. The significant improvement in our financials
showed the elasticity of our business model, as well as the vast
commercialization potential within our community. We will build on
this landmark and continue to drive sustainable growth in the
future.”
Third Quarter 2024 Financial
Results
Total net revenues. Total net
revenues were RMB7.31 billion (US$1,041.0 million) in the third
quarter of 2024, representing an increase of 26% from the same
period of 2023.
Value-added services (VAS). Revenues from VAS
were RMB2.82 billion (US$402.0 million), representing an increase
of 9% from the same period of 2023, led by increases in revenues
from live broadcasting and other value-added services.
Advertising. Revenues from advertising were
RMB2.09 billion (US$298.5 million), representing an increase of 28%
from the same period of 2023, mainly attributable to the Company’s
improved advertising product offerings and enhanced advertising
efficiency.
Mobile games. Revenues from mobile games were
RMB1.82 billion (US$259.7 million), representing an increase of 84%
from the same period of 2023, mainly attributable to the strong
performance of the Company’s exclusively licensed game, San Guo:
Mou Ding Tian Xia.
IP derivatives and others. Revenues from IP
derivatives and others were RMB567.3 million (US$80.8 million),
representing a decrease of 2% from the same period of 2023.
Cost of revenues. Cost of
revenues was RMB4.76 billion (US$678.1 million), representing an
increase of 9% from the same period of 2023. The increase was
mainly due to higher revenue-sharing costs and was partially offset
by lower content costs. Revenue-sharing costs, a key component of
cost of revenues, were RMB2.91 billion (US$414.8 million),
representing an increase of 19% from the same period of 2023,
mainly due to the increase of mobile games-related revenue-sharing
costs.
Gross profit. Gross profit was
RMB2.55 billion (US$363.0 million), representing an increase of 76%
from the same period of 2023, mainly attributable to the growth in
total net revenues, while costs related to platform operations
remained relatively stable.
Total operating expenses. Total
operating expenses were RMB2.61 billion (US$372.5 million),
representing an increase of 2% from the same period of 2023.
Sales and marketing expenses. Sales and
marketing expenses were RMB1.20 billion (US$171.3 million),
representing a 21% increase from the same period of 2023. The
increase was primarily attributable to increased marketing expenses
for the Company’s exclusively licensed games.
General and administrative expenses. General and
administrative expenses were RMB505.4 million (US$72.0 million),
representing a 1% increase from the same period of 2023.
Research and development expenses. Research and
development expenses were RMB906.1 million (US$129.1 million),
representing a 15% decrease from the same period of 2023. The
decrease was mainly attributable to higher termination expenses of
certain game projects in the same period of 2023.
Loss from operations. Loss from
operations was RMB66.7 million (US$9.5 million), narrowing by 94%
from the same period of 2023.
Adjusted profit/(loss) from
operations1. Adjusted
profit from operations was RMB272.2 million (US$38.8 million),
compared with an adjusted loss from operations of RMB755.4 million
from the same period of 2023.
Total other (expenses)/income,
net. Total other expenses were RMB21.5 million (US$3.1
million), compared with RMB212.1 million in the same period of
2023. The change was primarily attributable to a gain of RMB17.8
million on fair value change in investments in publicly traded
companies in the third quarter of 2024, compared with a loss of
RMB137.4 million in the same period of 2023.
Income tax (expense)/benefit.
Income tax benefit was RMB8.4 million (US$1.2 million), compared
with income tax expense of RMB18.0 million in the same period of
2023.
Net loss. Net loss was RMB79.8
million (US$11.4 million), narrowing by 94% from the same period of
2023.
Adjusted net
profit/(loss)1. Adjusted
net profit was RMB235.9 million (US$33.6 million), compared with an
adjusted net loss of RMB863.5 million in the same period of
2023.
Basic and diluted EPS and adjusted basic
and diluted EPS1. Basic
and diluted net loss per share were RMB0.19 (US$0.03) each,
compared with RMB3.26 each in the same period of 2023. Adjusted
basic and diluted net profit per share were RMB0.57 (US$0.08) each,
compared with an adjusted basic and diluted net loss per share of
RMB2.12 each in the same period of 2023.
Net cash provided by operating
activities. Net cash provided by operating activities was
RMB2.23 billion (US$317.1 million), compared with net cash provided
by operating activities of RMB277.4 million in the same period of
2023.
Cash and cash equivalents, time deposits
and short-term investments. As of September 30, 2024, the
Company had cash and cash equivalents, time deposits and short-term
investments of RMB15.23 billion (US$2.17 billion).
Convertible Senior Notes. As of
September 30, 2024, the aggregate outstanding principal amount of
April 2026 Notes, 2027 Notes and December 2026 Notes was US$432.5
million (RMB3.03 billion).
Share Repurchase Program
The Company announced today that its board of
directors has authorized a share repurchase program under which the
Company may repurchase up to US$200 million of its publicly traded
securities for the next 24 months. The Company’s shareholders have
approved to grant an annual share repurchase mandate to its board
of directors in accordance with the Hong Kong Listing Rules at the
Company’s annual general meeting held on June 28, 2024, which shall
be valid until the Company’s next annual general meeting unless
revoked or varied. The Company also plans to obtain its
shareholders’ approval for a share repurchase mandate at its next
annual general meeting. The Company’s proposed repurchases may be
made from time to time in the open market at prevailing market
prices, in privately negotiated transactions, in block trades
and/or through other legally permissible means, depending on market
conditions and in accordance with applicable laws, rules and
regulations. The Company plans to fund the repurchases from its
existing cash balance.
1 Adjusted profit/(loss) from operations,
adjusted net profit/(loss), and adjusted basic and diluted EPS are
non-GAAP financial measures. For more information on non-GAAP
financial measures, please see the section “Use of Non-GAAP
Financial Measures” and the table captioned “Unaudited
Reconciliations of GAAP and Non-GAAP Results.”
Conference Call
The Company’s management will host an earnings
conference call at 7:00 AM U.S. Eastern Time on November 14, 2024
(8:00 PM Beijing/Hong Kong Time on November 14, 2024). Details for
the conference call are as follows:
|
Event Title: |
Bilibili Inc. Third Quarter 2024 Earnings Conference Call |
| Registration Link: |
https://register.vevent.com/register/BIe88042cc6a194f4f9cd849575a6a65f4 |
| |
|
All participants must use the link provided
above to complete the online registration process in advance of the
conference call. Upon registering, each participant will receive a
set of participant dial-in numbers and a personal PIN, which will
be used to join the conference call.
Additionally, a live webcast of the conference
call will be available on the Company’s investor relations website
at http://ir.bilibili.com, and a replay of the webcast will be
available following the session.
About Bilibili Inc.
Bilibili is an iconic brand and a leading video
community with a mission to enrich the everyday lives of young
generations in China. Bilibili offers a wide array of video-based
content with All the Videos You Like as its value proposition.
Bilibili builds its community around aspiring users, high-quality
content, talented content creators and the strong emotional bonds
among them. Bilibili pioneered the “bullet chatting” feature, a
live comment function that has transformed our users’ viewing
experience by displaying the thoughts and feelings of audience
members viewing the same video. The Company has now become the
welcoming home of diverse interests among young generations in
China and the frontier for promoting Chinese culture across the
world.
For more information, please visit:
http://ir.bilibili.com.
Use of Non-GAAP Financial
Measures
The Company uses non-GAAP measures, such as
adjusted profit/(loss) from operations, adjusted net profit/(loss),
adjusted net profit/(loss) per share and per ADS, basic and diluted
and adjusted net profit/(loss) attributable to the Bilibili Inc.’s
shareholders in evaluating its operating results and for financial
and operational decision-making purposes. The Company believes that
the non-GAAP financial measures help identify underlying trends in
its business by excluding the impact of share-based compensation
expenses, amortization expense related to intangible assets
acquired through business acquisitions, income tax related to
intangible assets acquired through business acquisitions, gain/loss
on fair value change in investments in publicly traded companies,
and gain/loss on repurchase of convertible senior notes. The
Company believes that the non-GAAP financial measures provide
useful information about the Company’s results of operations,
enhance the overall understanding of the Company’s past performance
and future prospects and allow for greater visibility with respect
to key metrics used by the Company’s management in its financial
and operational decision-making.
The non-GAAP financial measures are not defined
under U.S. GAAP and are not presented in accordance with U.S. GAAP
and therefore may not be comparable to similar measures presented
by other companies. The non-GAAP financial measures have
limitations as analytical tools, and when assessing the Company’s
operating performance, cash flows or liquidity, investors should
not consider them in isolation, or as a substitute for net loss,
cash flows provided by operating activities or other consolidated
statements of operations and cash flows data prepared in accordance
with U.S. GAAP.
The Company mitigates these limitations by
reconciling the non-GAAP financial measures to the most comparable
U.S. GAAP performance measures, all of which should be considered
when evaluating the Company’s performance.
For more information on the non-GAAP financial
measures, please see the table captioned “Unaudited Reconciliations
of GAAP and Non-GAAP Results.”
Exchange Rate Information
This announcement contains translations of
certain RMB amounts into U.S. dollars (“US$”) at specified rates
solely for the convenience of the reader. Unless otherwise stated,
all translations from RMB to US$ were made at the rate of RMB7.0176
to US$1.00, the exchange rate on September 30, 2024 set forth in
the H.10 statistical release of the Federal Reserve Board. The
Company makes no representation that the RMB or US$ amounts
referred to could be converted into US$ or RMB, as the case may be,
at any particular rate or at all.
Safe Harbor Statement
This announcement contains forward-looking
statements. These statements are made under the “safe harbor”
provisions of the U.S. Private Securities Litigation Reform Act of
1995. These forward-looking statements can be identified by
terminology such as “will,” “expects,” “anticipates,” “aims,”
“future,” “intends,” “plans,” “believes,” “estimates,” “confident,”
“potential,” “continue,” or other similar expressions. Among other
things, outlook and quotations from management in this
announcement, as well as Bilibili’s strategic and operational
plans, contain forward-looking statements. Bilibili may also make
written or oral forward-looking statements in its periodic reports
to the U.S. Securities and Exchange Commission, in its interim and
annual reports to shareholders, in announcements, circulars or
other publications made on the website of The Stock Exchange of
Hong Kong Limited (the “Hong Kong Stock Exchange”), in press
releases and other written materials and in oral statements made by
its officers, directors or employees to third parties. Statements
that are not historical facts, including but not limited to
statements about Bilibili’s beliefs and expectations, are
forward-looking statements. Forward-looking statements involve
inherent risks and uncertainties. A number of factors could cause
actual results to differ materially from those contained in any
forward-looking statement, including but not limited to the
following: results of operations, financial condition, and stock
price; Bilibili’s strategies; Bilibili’s future business
development, financial condition and results of operations;
Bilibili’s ability to retain and increase the number of users,
members and advertising customers, provide quality content,
products and services, and expand its product and service
offerings; competition in the online entertainment industry;
Bilibili’s ability to maintain its culture and brand image within
its addressable user communities; Bilibili’s ability to manage its
costs and expenses; PRC governmental policies and regulations
relating to the online entertainment industry, general economic and
business conditions globally and in China and assumptions
underlying or related to any of the foregoing. Further information
regarding these and other risks is included in the Company’s
filings with the Securities and Exchange Commission and the Hong
Kong Stock Exchange. All information provided in this announcement
and in the attachments is as of the date of the announcement, and
the Company undertakes no duty to update such information, except
as required under applicable law.
For investor and media inquiries, please
contact:
In China:
Bilibili Inc.Juliet YangTel: +86-21-2509-9255
Ext. 8523E-mail: ir@bilibili.com
Piacente Financial Communications Helen WuTel:
+86-10-6508-0677E-mail: bilibili@tpg-ir.com
In the United States:
Piacente Financial Communications Brandi
PiacenteTel: +1-212-481-2050E-mail: bilibili@tpg-ir.com
|
BILIBILI INC.Unaudited Condensed
Consolidated Statements of Operations(All amounts
in thousands, except for share and per share data) |
|
|
|
|
For the Three Months Ended |
|
For the Nine Months Ended |
|
|
September 30, |
|
June 30, |
|
September 30, |
|
September 30, |
|
September 30, |
|
|
2023 |
|
2024 |
|
2024 |
|
2023 |
|
2024 |
|
|
RMB |
|
RMB |
|
RMB |
|
RMB |
|
RMB |
|
|
|
|
|
|
|
|
|
|
|
|
Net revenues: |
|
|
|
|
|
|
|
|
|
|
Value-added services (VAS) |
2,595,036 |
|
|
2,565,888 |
|
|
2,821,269 |
|
|
7,053,001 |
|
|
7,916,066 |
|
|
Advertising |
1,638,232 |
|
|
2,037,491 |
|
|
2,094,427 |
|
|
4,482,876 |
|
|
5,800,502 |
|
|
Mobile games |
991,776 |
|
|
1,007,367 |
|
|
1,822,609 |
|
|
3,014,279 |
|
|
3,812,786 |
|
|
IP derivatives and others |
580,037 |
|
|
516,398 |
|
|
567,315 |
|
|
1,628,735 |
|
|
1,568,010 |
|
|
Total net revenues |
5,805,081 |
|
|
6,127,144 |
|
|
7,305,620 |
|
|
16,178,891 |
|
|
19,097,364 |
|
|
Cost of revenues |
(4,354,664 |
) |
|
(4,293,943 |
) |
|
(4,758,434 |
) |
|
(12,397,008 |
) |
|
(13,111,617 |
) |
|
Gross profit |
1,450,417 |
|
|
1,833,201 |
|
|
2,547,186 |
|
|
3,781,883 |
|
|
5,985,747 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating expenses: |
|
|
|
|
|
|
|
|
|
|
Sales and marketing expenses |
(992,303 |
) |
|
(1,035,596 |
) |
|
(1,202,407 |
) |
|
(2,790,686 |
) |
|
(3,165,062 |
) |
|
General and administrative expenses |
(499,132 |
) |
|
(488,039 |
) |
|
(505,386 |
) |
|
(1,610,526 |
) |
|
(1,525,202 |
) |
|
Research and development expenses |
(1,066,155 |
) |
|
(894,701 |
) |
|
(906,072 |
) |
|
(3,140,188 |
) |
|
(2,765,893 |
) |
|
Total operating expenses |
(2,557,590 |
) |
|
(2,418,336 |
) |
|
(2,613,865 |
) |
|
(7,541,400 |
) |
|
(7,456,157 |
) |
|
Loss from operations |
(1,107,173 |
) |
|
(585,135 |
) |
|
(66,679 |
) |
|
(3,759,517 |
) |
|
(1,470,410 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
Other (expenses)/income: |
|
|
|
|
|
|
|
|
|
|
Investment loss, net (including impairments) |
(244,961 |
) |
|
(94,684 |
) |
|
(70,957 |
) |
|
(236,640 |
) |
|
(186,890 |
) |
|
Interest income |
117,722 |
|
|
100,344 |
|
|
91,279 |
|
|
416,022 |
|
|
324,830 |
|
|
Interest expense |
(30,064 |
) |
|
(19,809 |
) |
|
(17,824 |
) |
|
(135,746 |
) |
|
(69,207 |
) |
|
Exchange losses |
(23,871 |
) |
|
(15,275 |
) |
|
(5,909 |
) |
|
(40,423 |
) |
|
(79,244 |
) |
|
Debt extinguishment gain/(loss) |
9,771 |
|
|
- |
|
|
- |
|
|
292,213 |
|
|
(20,980 |
) |
|
Others, net |
(40,695 |
) |
|
256 |
|
|
(18,134 |
) |
|
22,633 |
|
|
36,305 |
|
|
Total other (expenses)/income, net |
(212,098 |
) |
|
(29,168 |
) |
|
(21,545 |
) |
|
318,059 |
|
|
4,814 |
|
|
Loss before income tax |
(1,319,271 |
) |
|
(614,303 |
) |
|
(88,224 |
) |
|
(3,441,458 |
) |
|
(1,465,596 |
) |
|
Income tax (expense)/benefit |
(17,975 |
) |
|
6,154 |
|
|
8,419 |
|
|
(73,565 |
) |
|
13,011 |
|
|
Net loss |
(1,337,246 |
) |
|
(608,149 |
) |
|
(79,805 |
) |
|
(3,515,023 |
) |
|
(1,452,585 |
) |
|
Net (profit)/loss attributable to noncontrolling interests |
(14,198 |
) |
|
(551 |
) |
|
290 |
|
|
(10,814 |
) |
|
15,825 |
|
| Net loss attributable
to the Bilibili Inc.'s shareholders |
(1,351,444 |
) |
|
(608,700 |
) |
|
(79,515 |
) |
|
(3,525,837 |
) |
|
(1,436,760 |
) |
| Net loss per share, basic |
(3.26 |
) |
|
(1.46 |
) |
|
(0.19 |
) |
|
(8.54 |
) |
|
(3.45 |
) |
| Net loss per ADS, basic |
(3.26 |
) |
|
(1.46 |
) |
|
(0.19 |
) |
|
(8.54 |
) |
|
(3.45 |
) |
| Net loss per share,
diluted |
(3.26 |
) |
|
(1.46 |
) |
|
(0.19 |
) |
|
(8.54 |
) |
|
(3.45 |
) |
| Net loss per ADS, diluted |
(3.26 |
) |
|
(1.46 |
) |
|
(0.19 |
) |
|
(8.54 |
) |
|
(3.45 |
) |
| Weighted average number of
ordinary shares, basic |
413,983,020 |
|
|
416,287,273 |
|
|
417,849,446 |
|
|
412,676,893 |
|
|
416,475,386 |
|
| Weighted average number of
ADS, basic |
413,983,020 |
|
|
416,287,273 |
|
|
417,849,446 |
|
|
412,676,893 |
|
|
416,475,386 |
|
| Weighted average number of
ordinary shares, diluted |
413,983,020 |
|
|
416,287,273 |
|
|
417,849,446 |
|
|
412,676,893 |
|
|
416,475,386 |
|
| Weighted average number of
ADS, diluted |
413,983,020 |
|
|
416,287,273 |
|
|
417,849,446 |
|
|
412,676,893 |
|
|
416,475,386 |
|
|
|
|
|
|
|
|
|
|
The accompanying notes are an integral part of
this press release.
|
BILIBILI INC.Notes to Unaudited Financial
Information(All amounts in thousands, except for
share and per share data) |
|
|
|
|
|
|
|
|
|
|
|
For the Three Months Ended |
|
For the Nine Months Ended |
|
|
September 30, |
|
June 30, |
|
September 30, |
|
September 30, |
|
September 30, |
|
|
2023 |
|
2024 |
|
2024 |
|
2023 |
|
2024 |
|
|
RMB |
|
RMB |
|
RMB |
|
RMB |
|
RMB |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Share-based
compensation expenses included in: |
|
|
|
|
|
|
|
|
|
|
Cost of revenues |
18,808 |
|
18,370 |
|
26,781 |
|
48,710 |
|
58,828 |
|
Sales and marketing expenses |
13,523 |
|
13,361 |
|
16,015 |
|
42,689 |
|
41,936 |
|
General and administrative expenses |
155,511 |
|
139,032 |
|
133,825 |
|
446,724 |
|
430,681 |
|
Research and development expenses |
116,195 |
|
88,716 |
|
120,490 |
|
327,462 |
|
289,731 |
| Total |
304,037 |
|
259,479 |
|
297,111 |
|
865,585 |
|
821,176 |
|
BILIBILI INC.Unaudited Condensed
Consolidated Balance Sheets(All amounts in
thousands, except for share and per share data) |
|
|
|
|
December 31, |
|
September 30, |
|
|
2023 |
|
2024 |
|
|
RMB |
|
RMB |
|
|
|
|
|
|
Assets |
|
|
|
|
Current assets: |
|
|
|
|
Cash and cash equivalents |
7,191,821 |
|
7,463,154 |
|
|
Time deposits |
5,194,891 |
|
3,531,414 |
|
|
Restricted cash |
50,000 |
|
50,000 |
|
|
Accounts receivable, net |
1,573,900 |
|
1,516,707 |
|
|
Prepayments and other current assets |
2,063,362 |
|
1,886,186 |
|
|
Short-term investments |
2,653,065 |
|
4,239,534 |
|
|
Total current assets |
18,727,039 |
|
18,686,995 |
|
|
Non-current assets: |
|
|
|
|
Property and equipment, net |
714,734 |
|
668,022 |
|
|
Production cost, net |
2,066,066 |
|
1,866,219 |
|
|
Intangible assets, net |
3,627,533 |
|
3,238,432 |
|
|
Goodwill |
2,725,130 |
|
2,725,130 |
|
|
Long-term investments, net |
4,366,632 |
|
4,172,991 |
|
|
Other long-term assets |
931,933 |
|
663,511 |
|
|
Total non-current assets |
14,432,028 |
|
13,334,305 |
|
|
Total assets |
33,159,067 |
|
32,021,300 |
|
|
Liabilities |
|
|
|
|
Current liabilities: |
|
|
|
|
Accounts payable |
4,333,730 |
|
4,923,826 |
|
|
Salary and welfare payables |
1,219,355 |
|
1,445,622 |
|
|
Taxes payable |
345,250 |
|
384,087 |
|
|
Short-term loan and current portion of long-term debt |
7,455,753 |
|
4,297,045 |
|
|
Deferred revenue |
2,954,088 |
|
4,106,212 |
|
|
Accrued liabilities and other payables |
1,795,519 |
|
2,600,074 |
|
|
Total current liabilities |
18,103,695 |
|
17,756,866 |
|
|
Non-current liabilities: |
|
|
|
|
Long-term debt |
646 |
|
724 |
|
|
Other long-term liabilities |
650,459 |
|
540,594 |
|
|
Total non-current liabilities |
651,105 |
|
541,318 |
|
|
Total liabilities |
18,754,800 |
|
18,298,184 |
|
|
|
|
|
|
|
Total Bilibili Inc.’s shareholders’ equity |
14,391,900 |
|
13,726,574 |
|
|
Noncontrolling interests |
12,367 |
|
(3,458 |
) |
|
Total shareholders’ equity |
14,404,267 |
|
13,723,116 |
|
|
|
|
|
|
|
Total liabilities and shareholders’ equity |
33,159,067 |
|
32,021,300 |
|
|
BILIBILI INC.Unaudited Selected Condensed
Consolidated Cash Flows Data(All amounts in
thousands, except for share and per share data) |
|
|
|
|
For the Three Months Ended |
|
For the Nine Months Ended |
|
|
September 30, |
|
June 30, |
|
September 30, |
|
September 30, |
|
September 30, |
|
|
2023 |
|
2024 |
|
2024 |
|
2023 |
|
2024 |
|
|
RMB |
|
RMB |
|
RMB |
|
RMB |
|
RMB |
|
|
|
|
|
|
|
|
|
|
|
|
Net cash provided by/(used in) operating
activities |
277,384 |
|
1,750,540 |
|
2,225,629 |
|
(373,774 |
) |
|
4,613,866 |
|
BILIBILI INC.Unaudited Reconciliations of
GAAP and Non-GAAP Results(All amounts in
thousands, except for share and per share data) |
|
|
|
|
For the Three Months Ended |
|
For the Nine Months Ended |
|
|
September 30, |
|
June 30, |
|
September 30, |
|
September 30, |
|
September 30, |
|
|
2023 |
|
2024 |
|
2024 |
|
2023 |
|
2024 |
|
|
RMB |
|
RMB |
|
RMB |
|
RMB |
|
RMB |
|
|
|
|
|
|
|
|
|
|
|
|
Loss from operations |
(1,107,173 |
) |
|
(585,135 |
) |
|
(66,679 |
) |
|
(3,759,517 |
) |
|
(1,470,410 |
) |
|
Add: |
|
|
|
|
|
|
|
|
|
|
Share-based compensation expenses |
304,037 |
|
|
259,479 |
|
|
297,111 |
|
|
865,585 |
|
|
821,176 |
|
| Amortization expense related
to intangible assets acquired through business acquisitions |
47,734 |
|
|
41,776 |
|
|
41,776 |
|
|
144,036 |
|
|
125,328 |
|
|
Adjusted (loss)/profit from operations |
(755,402 |
) |
|
(283,880 |
) |
|
272,208 |
|
|
(2,749,896 |
) |
|
(523,906 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
Net loss |
(1,337,246 |
) |
|
(608,149 |
) |
|
(79,805 |
) |
|
(3,515,023 |
) |
|
(1,452,585 |
) |
|
Add: |
|
|
|
|
|
|
|
|
|
|
Share-based compensation expenses |
304,037 |
|
|
259,479 |
|
|
297,111 |
|
|
865,585 |
|
|
821,176 |
|
| Amortization expense related
to intangible assets acquired through business acquisitions |
47,734 |
|
|
41,776 |
|
|
41,776 |
|
|
144,036 |
|
|
125,328 |
|
| Income tax related to
intangible assets acquired through business acquisitions |
(5,563 |
) |
|
(5,407 |
) |
|
(5,406 |
) |
|
(16,813 |
) |
|
(16,220 |
) |
| Loss/(Gain) on fair value
change in investments in publicly traded companies |
137,358 |
|
|
41,311 |
|
|
(17,778 |
) |
|
(43,875 |
) |
|
10,347 |
|
| (Gain)/Loss on repurchase of
convertible senior notes |
(9,771 |
) |
|
- |
|
|
- |
|
|
(292,213 |
) |
|
20,980 |
|
|
Adjusted net (loss)/profit |
(863,451 |
) |
|
(270,990 |
) |
|
235,898 |
|
|
(2,858,303 |
) |
|
(490,974 |
) |
| Net (profit)/loss attributable
to noncontrolling interests |
(14,198 |
) |
|
(551 |
) |
|
290 |
|
|
(10,814 |
) |
|
15,825 |
|
|
Adjusted net (loss)/profit attributable to the Bilibili
Inc.'s shareholders |
(877,649 |
) |
|
(271,541 |
) |
|
236,188 |
|
|
(2,869,117 |
) |
|
(475,149 |
) |
|
Adjusted net (loss)/profit per share, basic |
(2.12 |
) |
|
(0.65 |
) |
|
0.57 |
|
|
(6.95 |
) |
|
(1.14 |
) |
|
Adjusted net (loss)/profit per ADS, basic |
(2.12 |
) |
|
(0.65 |
) |
|
0.57 |
|
|
(6.95 |
) |
|
(1.14 |
) |
|
Adjusted net (loss)/profit per share, diluted |
(2.12 |
) |
|
(0.65 |
) |
|
0.57 |
|
|
(6.95 |
) |
|
(1.14 |
) |
|
Adjusted net (loss)/profit per ADS, diluted |
(2.12 |
) |
|
(0.65 |
) |
|
0.57 |
|
|
(6.95 |
) |
|
(1.14 |
) |
|
Weighted average number of ordinary shares, basic |
413,983,020 |
|
|
416,287,273 |
|
|
417,849,446 |
|
|
412,676,893 |
|
|
416,475,386 |
|
|
Weighted average number of ADS, basic |
413,983,020 |
|
|
416,287,273 |
|
|
417,849,446 |
|
|
412,676,893 |
|
|
416,475,386 |
|
|
Weighted average number of ordinary shares, diluted |
413,983,020 |
|
|
416,287,273 |
|
|
417,849,446 |
|
|
412,676,893 |
|
|
416,475,386 |
|
|
Weighted average number of ADS, diluted |
413,983,020 |
|
|
416,287,273 |
|
|
417,849,446 |
|
|
412,676,893 |
|
|
416,475,386 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Bilibili (NASDAQ:BILI)
過去 株価チャート
から 11 2024 まで 12 2024
Bilibili (NASDAQ:BILI)
過去 株価チャート
から 12 2023 まで 12 2024
