FinancialBilibili
Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934: Bilibili
27 Apr 20231 pages~762 min full read
Key insights
5 takeaways · ~2 min read- 01Bilibili incurred significant operating losses, reaching RMB8,357.9 million (US$1,211.8 million) in 2022, an increase from RMB6,429.1 million in 2021, primarily due to increased personnel costs and depreciation expenses.
- 02Bilibili's premium membership program had 21.4 million members as of December 31, 2022, offering exclusive or advance access to high-quality OGV content.
- 03Bilibili expanded its content offerings by launching Bilibili Comic in January 2018 for anime and comic content, and Maoer audio program in 2019 for audio drama.
- 04Bilibili's operations in mainland China face restrictions on dividend remittances, with RMB1.2 billion, RMB3.8 billion, and RMB7.8 billion (US$1.1 billion) restricted as of December 31, 2020, 2021, and 2022, respectively.
- 05Bilibili's net investment loss increased from RMB194.2 million in 2021 to RMB532.5 million (US$77.2 million) in 2022, largely due to RMB465.6 million (US$67.5 million) in impairment charges for long-term investments.
Summary
SEC 20-F filing for Bilibili, filed 2023-04-27.
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