Bilibili Inc. Files Its 2023 Annual Report on Form 20-F

Rhea-AI Summary

Bilibili Inc. filed its annual report for the fiscal year 2023, providing access to audited financial statements. Shareholders can request hard copies free of charge.

Insights

Market Research Analyst

The filing of an annual report on Form 20-F by Bilibili Inc. represents a significant disclosure of the company's financial health and operational performance over the past fiscal year. As a Market Research Analyst, the focus is on the implications of this report for investors and the broader market. Bilibili, being a leading video community platform in China, has a substantial influence on the digital content industry and its financial results can serve as an indicator of market trends and consumer behavior in this sector.

Investors should pay attention to key metrics such as revenue growth, profit margins and user engagement statistics. These figures can provide insights into Bilibili's market position and competitive advantages. Additionally, examining the company's cost structures and investment strategies can shed light on its long-term sustainability and potential for growth. It's also important to consider the broader economic context in China, including regulatory changes and shifts in consumer spending patterns, which could impact Bilibili's business.

Financial Analyst

From a Financial Analyst's perspective, the release of Bilibili's annual report is a pivotal event for evaluating the company's stock performance. The report offers a comprehensive look at the company's financials, including earnings, liquidity and capital expenditures. One should analyze how these figures compare to analyst expectations and industry benchmarks. Any significant deviations could lead to market reactions, affecting BILI's stock price.

Furthermore, understanding the company's revenue streams, such as advertising, subscription fees and e-commerce, can provide a clearer picture of its business model's effectiveness. It's also essential to assess the management's discussion and analysis section for insights into future strategies and potential risks. This analysis can help investors make informed decisions about the stock's value and the company's prospects for future profitability.

SHANGHAI, China, March 27, 2024 (GLOBE NEWSWIRE) -- Bilibili Inc. (the “Company” or “Bilibili”) (NASDAQ: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the Securities and Exchange Commission (“SEC”) on March 27, 2024. The annual report in electronic format is accessible on the Company’s investor relations website at http://ir.bilibili.com as well as on the SEC’s website.

For those who prefer hard copies, the Company will provide the annual report, containing audited consolidated financial statements, free of charge to shareholders and ADS holders upon request. Requests should be directed to the Investor Relations Department, Bilibili Inc., Building 3, Guozheng Center, No. 485 Zhengli Road, Yangpu District, Shanghai, 200433, People’s Republic of China.

About Bilibili Inc.

Bilibili is an iconic brand and a leading video community with a mission to enrich the everyday lives of young generations in China. Bilibili offers a wide array of video-based content with All the Videos You Like as its value proposition. Bilibili builds its community around aspiring users, high-quality content, talented content creators and the strong emotional bonds among them. Bilibili pioneered the “bullet chatting” feature, a live comment function that has transformed our users’ viewing experience by displaying the thoughts and feelings of audience members viewing the same video. The Company has now become the welcoming home of diverse interests among young generations in China and the frontier for promoting Chinese culture across the world.

For more information, please visit: http://ir.bilibili.com.

For investor and media inquiries, please contact:

In China:

Bilibili Inc.
Juliet Yang
Tel: +86-21-2509-9255 Ext. 8523
E-mail: ir@bilibili.com

Piacente Financial Communications
Helen Wu
Tel: +86-10-6508-0677
E-mail: bilibili@tpg-ir.com 

In the United States:

Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
E-mail: bilibili@tpg-ir.com

FAQ

What did Bilibili Inc. announce regarding its annual report?

Bilibili Inc. announced the filing of its annual report on Form 20-F for the fiscal year 2023.

Where can shareholders access the annual report?

Shareholders can access the annual report in electronic format on Bilibili Inc.'s investor relations website and the SEC's website.

How can shareholders request hard copies of the annual report?

Shareholders can request hard copies of the annual report free of charge by contacting the Investor Relations Department at Bilibili Inc.'s address in Shanghai, China.

What type of financial statements are included in the annual report?

The annual report contains audited consolidated financial statements.

When was the annual report filed with the SEC?

The annual report was filed with the Securities and Exchange Commission on March 27, 2024.