The loss reduction exceeded expectations, bilibili (BILI.US/9626.HK) is about to turn profitable.
After the end of May this year, bilibili (NASDAQ: BILI, HKEX:9626; hereinafter referred to as "B station") released a higher quality report after the Hong Kong stock market on August 22, bringing some warmth to the currently sluggish financial market! Compared to the previous quarter, the accelerated reduction of losses should be the biggest highlight of this quarter's financial report. The main reason for this is the speed-up of platform commercialization and the cost reduction and efficiency improvement brought by the game strategy transformation. At this pace, it is almost certain that the next quarter will turn losses into profits. In addition, thanks to a significant improvement in profitability, the operation cash flow of B station this quarter also
Express News | Bilibili : Bernstein Raises Target Price to $13 From $12
Bilibili ADRs Target Price Cut to $16.00 From $18.00 by Citigroup>BILI 9626.HK
Ping An Securities: The supply side of the movie theater line sector is gradually recovering, and the gaming sector may usher in a new round of product cycle.
With the encouragement and support of national policies, the gaming and IP reserve products are abundant, and the gaming sector may usher in a new product cycle.
Bilibili Raised to Outperform From Hold by Daiwa >BILI 9626.HK
According to Sensor Tower, a total of 35 Chinese companies made it to the top 100 global mobile game publishers list in July, collectively earning a total of $2 billion.
On August 23rd, Sensor Tower released the global revenue ranking of Chinese mobile game publishers in July 2024.
CICC: Maintains a 'Outperform' rating for Bilibili-W (09626), with a target price of HK$ 151.
CICC believes that Bilibili-W (09626) has maintained user stickiness well with its unique content community, and the commercial value of users is expected to continue to be unleashed.
Zhitong Hong Kong stocks early know: Overnight US stocks, three major stock indexes collectively fell, July e-commerce platform home appliances trade-in sales surged.
From January to July, according to the data from the National Bureau of Statistics, the total online retail sales in China reached 8.38 trillion yuan, with a growth rate of 9.5%. Among them, the online retail sales of physical commodities reached 7.01 trillion yuan, with a growth rate of 8.7%, accounting for 25.6% of the total retail sales.
[Hong Kong stock connection] Bilibili (09626) reduced its net loss in the first half of the year by 37.58% to 1.357 billion Chinese yuan, with no dividend.
Jingu Finance News | Bilibili (09626) announced that for the six months ended June 30, 2024, the net loss attributable to the company's shareholders was 1.357 billion yuan (RMB, the same below), a decrease of 37.58% year-on-year. The basic net loss per share was 3.26 yuan. No interim dividend will be paid. During the period, the net operating revenue was 11.792 billion yuan, a year-on-year increase of 13.67%. In detail, the value-added service revenue was 5.095 billion yuan, a year-on-year increase of 14.29%, which was due to the increase in revenue from live broadcasting, premium membership, and other value-added services; and the advertising revenue was 3.706 billion yuan, a year-on-year increase.
Guanglun Hui Bulletin Selection (Hong Kong stocks) | Baidu Group-SW (09888.HK) second quarter total revenue reached 33.9 billion yuan, non-online marketing revenue increased by 10% year-on-year.
【Today's Focus】Baidu Group-SW (09888.HK) reported total revenue of 33.9 billion yuan in the second quarter, with a 10% year-on-year increase in non-online marketing revenue. Baidu Group-SW (09888.HK) announced its second quarter performance for 2024, with total revenue of 33.9 billion yuan, roughly flat compared to last year; Baidu's core revenue was 26.7 billion yuan, a 1% year-on-year increase; online marketing revenue was 19.2 billion yuan, a 2% year-on-year decrease, and non-online marketing revenue was 7.5 billion yuan, a 10% year-on-year increase, mainly driven by the asia vets cloud business.
Hong Kong stock announcement: Netease-S second quarter gross profit was 16.042 billion yuan, a year-on-year increase of 11.6%. Multiple highly anticipated new Netease games made their debut on the leading game platform globally.
Netease-S (09999) released its second-quarter performance, with a gross profit of 16.042 billion yuan, an increase of 11.6% year-on-year. Multiple highly anticipated new games from NetEase made their debut on the global leading game platform; Bilibili-W (09626) achieved a gross profit of 1.833 billion yuan in the second quarter, a year-on-year increase of 49%, and achieved a continuous improvement in gross margin for the eighth consecutive quarter...
Full text | Bilibili Q2 earnings conference transcript: The average user age has increased to 25 years old, and the number of daily e-commerce influencers has increased by more than 130% year-on-year.
Bilibili (Nasdaq: BILI; HKEX: 9626) today released its financial report for the second quarter of 2024, ending on June 30: total net revenue was 6.127 billion yuan, a year-on-year increase of 16%. Net loss was 0.608 billion yuan, a year-on-year narrowing of 61%. Adjusted net loss, not following the Generally Accepted Accounting Principles of the United States, was 0.271 billion yuan, a year-on-year narrowing of 72%. After the release of the financial report, Bilibili's Chairman and CEO, Chen Rui, Vice Chairman and COO, Li Ni, and CFO, Fan Xin, and other company executives attended the subsequent earnings conference call, explaining the key points of the financial report and answering analysts' questions.
According to the chart: Bilibili's second quarter revenue was 6.127 billion, with an average daily active user of 0.1023 billion.
Bilibili released its second-quarter financial report: revenue of 6.127 billion (value-added services 2.566 billion + advertising 2.037 billion + games 1.007 billion + IP derivatives and other 0.516 billion), a year-on-year increase of 16%. Net loss of 0.608 billion yuan, a year-on-year narrowing of 61%. In the second quarter, Bilibili's daily active users were 0.1023 billion, a year-on-year increase of 6%. The average time spent per user per day has increased to 99 minutes, compared to 94 minutes in the same period last year.
Express News | Bilibili -Qtrly Adjusted Basic and Diluted Net Loss per Share Were RMB0.65 (US$0.09)
Bilibili Shrinks H1 Loss as Revenue Jumps 14%
BILIBILI-W: INTERIM RESULTS ANNOUNCEMENTFOR THE SIX MONTHS ENDED JUNE 30, 2024
Express News | U.S.-Listed Shares of Bilibili up 5.2% Premarket Afetr Higher Q2 Rev, Narrower Loss
In the second quarter, bilibili's revenue was 6.13 billion yuan, with a net loss of 0.271 billion yuan after adjustments.
Bilibili (Nasdaq: BILI; HKEX: 9626) today released the second quarter financial report for the year 2024, ending June 30: Total net revenue was 6.127 billion yuan, with a year-on-year growth of 16%. The net loss was 0.608 billion yuan, narrowing by 61% year-on-year. Adjusted net loss, not following the Generally Accepted Accounting Principles in the USA, was 0.271 billion yuan, narrowing by 72% year-on-year. Operating performance for the second quarter: Daily Active Users (DAU) reached 0.1023 billion, a 6% increase year-on-year. Monthly Active Users (MAU) grew to 0.336 billion. In the second quarter, the average daily user spent
Bilibili Inc. Reports Q2 2024 Financials With Caution
bilibili-W(09626.HK): The total net revenue in the second quarter reached 6.127 billion yuan, an increase of 16% year-on-year.
On August 22, bilibili-W (09626.HK) announced that in the second quarter of 2024, the total net revenue reached 6.127 billion RMB (0.843 billion USD), an increase of 16% year-on-year. Among them, advertising revenue was 2.037 billion RMB (0.28 billion USD), an increase of 30% year-on-year; mobile game revenue was 1.007 billion RMB (0.139 billion USD), an increase of 13% year-on-year. The gross profit during the period was 1.833 billion RMB (0.252 billion USD), an increase of 49% year-on-year. The gross margin reached 29.9%, compared to 23% in the same period last year.