- **Bilibili’s net revenue for Q2 2024 is 6.13 billion yuan**, marking a **16% year-over-year increase** and meeting the estimate of 6.09 billion yuan.
- **Adjusted loss per share reduced to 65 RMB cents** compared to a previous loss of 2.33 yuan per share year-over-year, better than the estimated loss of 75 RMB cents.
- **The company’s gross profit improved by 49% year-over-year**, achieving an **eighth consecutive quarter of gross profit margin expansion**, rising to 29.9% from 23.1% last year.
- **Adjusted operating and net losses narrowed significantly**, decreasing by 69% and 72% year-over-year, respectively.
- The company generated **1.75 billion yuan in operating cash flow** during the second quarter of 2024.
- **Deferred revenue increased by 738 million yuan** at the end of June 2024 compared to the end of March 2024, driven by strong performances in mobile games and advertising.
- **Analyst ratings for Bilibili: 32 buys, 12 holds, 0 sells**.
A look at Bilibili Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 1 | |
| Growth | 3 | |
| Resilience | 5 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Bilibili Inc., a company providing online entertainment services in China, has a promising long-term outlook based on the Smartkarma Smart Scores. With high scores in Resilience and Momentum, Bilibili demonstrates strong potential for future growth and stability. The company’s platform encompasses a diverse range of genres and media formats, such as videos, live broadcasting, mobile games, animation, and comics.
Although Bilibili shows strength in Resilience and Momentum, the scores in Value and Dividend are lower. Investors considering Bilibili should focus on the company’s growth prospects and ability to adapt in the competitive online entertainment landscape. Overall, the Smartkarma Smart Scores paint a favorable picture for Bilibili’s long-term performance and position in the market.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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