- Bilibili’s net revenue for the first quarter significantly beat estimates, reaching 5.66 billion yuan, a 12% year-on-year increase.
- Estimated projections saw a net revenue of 5.61 billion yuan, making the actual figures a pleasant surprise.
- Adjusted loss per share was down to 1.06 yuan compared to the previous year’s loss per share of 2.51 yuan, marking a significant recovery.
- Despite estimates predicting the loss per share to sit at around 1.20 yuan, the actual values showed a better-than-expected outlook at 1.06 yuan.
- Among the analysts providing insights on Bilibili’s performance, there were 28 buys, 15 holds, and only a single sell.
Bilibili on Smartkarma
Analyst coverage on Bilibili by Ying Pan on Smartkarma highlights concerns over the company’s performance in the gaming sector. Bilibili’s Q3 results were disappointing, attributed to ineffective investments in their game studio. The analysis indicates a bearish sentiment towards Bilibili’s game pipeline, citing market saturation in the ACGN sector with established competition. The SELL rating is maintained, with the price target lowered from US$12.3 to US$9.04. The report suggests that Bilibili may struggle to achieve profitability by 2024 based on current trends.
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
Analysts at Smartkarma have given Bilibili Inc. a promising long-term outlook based on their Smart Scores assessment. Bilibili scored a 5 in Resilience and Momentum, indicating a strong ability to weather challenges and maintain positive growth momentum in the future. Additionally, the company received a 3 in Growth, suggesting potential for expansion and development in its market sector. While Value scored a 2 and Dividend scored a 1, showing some room for improvement in these areas, the overall outlook remains positive for Bilibili.
Bilibili Inc. is an online entertainment provider in China, known for its diverse platform spanning videos, live broadcasting, mobile games, animation, and comics. With a solid Resilience and Momentum rating, the company is positioned well to capitalize on growth opportunities and navigate future market fluctuations effectively, offering investors a promising prospect for long-term investment.
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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