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Bilibili Inc. (BILI)

Communication Services Out of favour

Bilibili is a popular Chinese online platform where young people gather to watch videos, play games, and share content in a community-focused environment.

$15.54

Is Bilibili Inc. a good stock for a UK beginner?

The honest version: There's no rating here and nothing for sale. In its favour: Strong brand loyalty among a younger, highly engaged demographic. Worth weighing: Struggling to consistently turn revenue into significant net profit.

No rating · no target price · nothing for sale here
Price+15.2%
= past earnings-report date
Priced in USD. As a UK investor your £ return also moves with the pound-to-dollar exchange rate, even inside an ISA - a stronger pound can trim your £ gains and a weaker pound can add to them, whatever the share price itself does.
52-week range-17% past year
$15.54
Low $15.54High $36.40
Where today's price sits versus its past year - context, not a signal.

Is this normal for this company?

Each figure against the range this same company has produced recently. Neither end of a range is the good end.

Net profit margin
2.8%now
-0.1%6.2%

Profit as a share of sales, from the company's own quarterly statements. The range covers the 5 quarters we hold, and the figure shown is its most recent one.

How these ranges are built

Every number here is the company's own reported figure, not a comparison with other companies. The ranges come from this company's own results and its share price. Where it reports in a different currency from the one its shares trade in, the price-to-earnings range is left out rather than mixing the two.

What does Bilibili Inc. do?

Think of Bilibili as a mix of YouTube and a social network, specifically tailored for China's younger generation who love anime, gaming, and creative videos. Virtual items for games, premium memberships, and advertisements shown to its massive user base are the three streams that generate income. Much depends on whether their popularity can become consistent, long-term profit while they balance growth against keeping their community happy.

On our factor screen it looks strongest on value and quality, and weakest on momentum.

Quick checks
What's strong
  • Value screens high
What to watch
  • Momentum screens low
  • Income screens low

Does Bilibili Inc. pay a dividend?

No - Bilibili Inc. doesn't currently pay a dividend, so the whole return would rest on the share price. Plenty of growing companies reinvest their profits instead of paying them out - neither approach is better or worse, they're just different.

Does Bilibili Inc. have more cash or more debt?

It holds about 24.19B in cash against about 9.57B of debt - so it has net cash of about 14.63B. More cash than debt is a cushion: it does not need to borrow just to cover what it owes.

From the latest reported balance sheet. Cash and debt levels change, and some borrowing is normal - this is context, not a judgment.

What do Bilibili Inc.'s numbers mean?

P/E
35.98
This shows how much investors are currently paying for every pound of the company's profit, reflecting high expectations for future growth.
Higher than most of the 40 Communication Services shares we cover
P/S
0.24
This compares the company's total market value to its yearly sales, suggesting the market currently values the business at a small fraction of its total revenue.
Lower than most of the 52 Communication Services shares we cover
Net margin
4.6%
This is the slice of every pound of revenue that actually stays in the company's pocket as profit after all bills are paid.
Around the middle of the 52 Communication Services shares we cover
Beta
0.7
This measures how much the share price tends to jump around compared to the wider market; a number below 1 suggests it is generally less volatile than the average stock.

How has it performed?

Growth of £1,000, the worst fall, and year by year
If you had put $1,000 into Bilibili Inc.
$1,152+15%

Over about 2 years to 2026-09-11. This is the share price only; any dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.

How much has Bilibili Inc. actually fallen?

−58%

Over the last 2 years of daily prices, Bilibili Inc. fell as much as −58% from a high to a later low. Falls like this are normal when you own a share.

Past falls are not a forecast - it can fall further, or recover.

How has it done year by year?

2022-49%
2023-49%
2024+49%
2025+36%
2026 so far-27%

Calendar-year total return - the share price with dividends reinvested - from adjusted closing prices. The current year is only part-complete. Past returns are not a guide to the future.

A closer look at the numbers

Ownership, earnings history, where the money goes, and the outlook range
Market cap: The company's total value on the stock market - share price times the number of shares. Big = 'large-cap', small = 'small-cap'.
$7.53B
Avg volume: How many shares change hands on a typical day. Higher means it's easy to buy or exit without moving the price.
2.99M
Day range: The lowest and highest price the shares traded at during the latest day.
$15.40 – $15.61
52-week range: The lowest and highest the shares have traded over the past year - a sense of how wide the swings have been.
$15.79 – $36.40
P/E ratio: Price-to-earnings: the share price divided by yearly profit per share. Lower can mean cheaper; higher often means investors expect fast growth.
36.0
Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down.
0.72

What do you actually own with BILI?

This US listing is an American Depositary Receipt (ADR), not a direct holding of Bilibili Inc.'s ordinary shares. A bank holds the real shares in China and issues receipts against them, and it is those receipts that trade in US dollars on a US exchange. It is the standard route by which a company listed abroad becomes available on a US market, and the receipt tracks the shares behind it.

  • Two currencies are involved. Bilibili Inc. reports its results in Chinese yuan, while the listing itself trades in US dollars. Exchange-rate moves therefore affect the value alongside the movement of the underlying shares.
  • There is a custody fee. The depositary bank charges a small annual fee for running the arrangement - often a few cents per receipt - usually taken out of dividends or passed on by your platform.
  • Dividends cross a border. Any dividend is converted into US dollars by the bank, and China may deduct withholding tax before it reaches you.
  • Voting works differently. Receipt holders generally do not vote at the company's meetings directly; the bank holding the shares handles that.

This describes how the listing is put together, using its registered security type. It is context about the instrument, not a view on the company.

Does the share price tell you if it's cheap or expensive?

One share costs$15.54
Number of shares484 million
So the whole company is worth$7.53bn
A £5 share is not cheaper than a £500 one - it means the company cut itself into more slices. Whether the total looks high or low is what the figures below are for; we don't give a verdict.

Who owns Bilibili Inc.?

Big institutions 8%Public & smaller investors 92%

About 8% of Bilibili Inc., or about 8 in every 100 shares, is held by big institutions such as pension and index funds. The rest, roughly 92%, is held by the public and smaller investors.

What this does and doesn't tell you

This is a recent snapshot of the share register, and it moves. We don't read anything into who owns what - a high institutional share is common for any large listed company and is not a signal about it.

How bumpy is it?Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down. 0.72
Calm
Wild
Steadier than most

Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.

Why has it been moving?▲ +0% past week · ▼ -17% past year

Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.

How much money does Bilibili Inc. make?

Revenue and profit by quarter, and how much of each sale turns into profit.

RevenueNet income
CNY 0CNY 2.08BCNY 4.16BCNY 6.24BCNY 8.32BQ1 25Q2 25Q3 25Q4 25Q1 26
Gross margin
36.8%
Net margin
4.6%
Return on equity
9.4%

Where does each £100 of Bilibili Inc.'s sales go?

Making the product or service £63Running costs, tax and interest £32Left as profit £5

A rough split of the latest full-year figures: of every £100 of sales, about £63 covers making the product or service, £32 goes on running costs, tax and interest, and about £5 is left as profit. Margins vary a lot by industry, and one-off items can distort a single year.

When does Bilibili Inc. report earnings, and how did recent quarters go?

Bilibili Inc. is next scheduled to report on about 2026-11-12 - dates can move, and we don't predict results; this just tells you when to look.

‘Beat’ and ‘missed’ are against what analysts expected, not whether the business is doing well.

Bilibili Inc.: reported versus expected earnings per share, recent quarters
ReportedExpected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number.Actual EPSvs expected
2026-08-27$1.53$1.58Beat +3%
2026-05-19$1.16$1.31Beat +13%
2026-03-05$1.84$1.94Beat +6%
2025-11-13$1.50$1.75Beat +17%
2025-08-21$1.20$1.29Beat +8%
2025-05-20$0.53$0.85Beat +61%

Across the last 6 quarters here, Bilibili Inc. came in ahead of what analysts expected 6 times. One quarter is noise, not a trend.

See who else reports over the next two weeks →

Where these figures come from

Each quarter a company reports its results against a consensus of analyst forecasts. The figures here are reported versus expected earnings per share from published results; the expectation is that analyst consensus, not our view. Report dates are estimates and can move.

What are the scenarios for Bilibili Inc.?

An illustrative range for the year ahead — not a prediction or a price target.

◀ lowerhigher ▶todayBull▲ UpsideBase• In-lineBear▼ Downside
Bull
+10% to +15%Stronger than expected advertising revenue in the next quarter.
Base
-5% to +5%Steady user growth with no major changes to the current business model.
Bear
-10% to -20%Increased competition from other Chinese video platforms eating into market share.

What are the pros, cons and common questions?

The case each way, and the questions people ask
The bull case

Bilibili becomes the dominant lifestyle platform for China's youth, driving massive scale.

The bear case

Failure to find a sustainable path to significant, long-term profitability.

What are the pros and cons of Bilibili Inc.?

3bull points
6bear points

A balance check, not a score or verdict.

The bull case3
  • Strong brand loyalty among a younger, highly engaged demographic.
  • Diverse revenue streams including gaming, ads, and subscriptions.
  • Lower volatility compared to the broader market as indicated by the beta.
The catch3
  • Struggling to consistently turn revenue into significant net profit.
  • Operates in a highly competitive and crowded Chinese digital market.
  • No dividend payments for those looking for regular income.
Key risks3
  • Strict and unpredictable regulatory environment in China.
  • Potential for changing tastes among the younger user base.
  • Reliance on the gaming industry, which can be hit-or-miss.
What would flip the thesis

The write-up's own warning lights — if these start happening, the case above changes.

  • A sustained period of negative revenue growth.
  • Major government intervention that restricts their core business activities.

Common questions about Bilibili Inc.

Does Bilibili Inc. pay a dividend?

No - Bilibili Inc. does not currently pay a dividend, so the return would rest on the share price. Many growing companies reinvest profits instead of paying them out.

When does Bilibili Inc. report earnings next?

Bilibili Inc. is next scheduled to report results on about 2026-11-12. Report dates are estimates and can move; this is a diary note for when to look, not a forecast of the outcome.

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Confidence: medium · data: USD · flags: earnings_growth · Charts by TradingView Lightweight Charts™
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Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →

This plain-English summary was auto-generated on 2026-08-02 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.

Prices as of 11 Sep 2026; other figures as of 11 Aug 2026. Prices may be delayed and numbers can go stale - always double-check before acting.