No Data
First Shanghai: Rated bilibili-W(09626) as 'buy', with a target price of HKD 156.23.
Bilibili is expected to achieve Non-GAAP operation profit breakeven in Q3.
Brokerage Focus: First Shanghai: 'Three Strategies' Drive Bilibili (09626) Game Business to Rebound in the Second Half of the Year, Recommended to Buy Rating.
Jingu Finance News | First Shanghai released a research report, bilibili (BILI.US/09626) Q1 revenue was 5.66 billion yuan, up 11.7% year-on-year, slightly higher than the market's consensus expectations. Gross margin was 28.3%, up 6.5pcts year-on-year, mainly due to the increase in the proportion of high-gross-margin advertising business and optimization on the cost side; Operating profit margin was -14.5%, narrowing by 12.6% year-on-year. GAAP net loss was 0.76 billion yuan; non-GAAP net loss was 0.44 billion yuan, narrowing by 55.8% year-on-year, slightly higher than the market's consensus expected loss of 0.5 billion yuan. Next quarter revenue is expected to achieve growth.
In June, a total of 30 games entered the Top 10 of the free games chart on the App Store, slightly fewer than the previous two months, according to Qimai Research Institute.
In June, a total of 30 games entered the free game top 10 chart in the App Store, with a slightly lower number of apps compared to the previous two months.
Hong Kong stock concept tracking: Global game revenue is expected to reach 300 billion US dollars in the next three years, and the prosperity of the domestic game industry chain continues to recover. (Attached are concept stocks).
Game permits are now being issued on a regular basis, and top manufacturers are continuing to exert their efforts.
Express News | Morgan Stanley's Short Position in Shares of Bilibili Increases to 4.04% on July 15 From 3.54% - HKEX
JP Morgan: Feels positive about the future shareholding of Bilibili W(09626), maintains a 'shareholding' rating with a target price of HKD165.
Since its launch in July, the cash revenue of "Three Kingdoms: Strategy for Success" has been strong, now ranking 11th on the IOS revenue leaderboard in Mainland China, enough to drive first-month cash revenue of over 0.6 billion Chinese yuan.