Bilibili generates revenue through five major sources: 1) advertising; 2) mobile games; 3) live streaming; 4) subscriptions; and 5) e-commerce. We believe that the advertising business (as part of its YouTube-like video sharing website) is the most important asset for the company’s long-term success.
Bilibili’s video sharing platform is in early stage of monetization with significant runway for growth
Chinese regulators have become more assertive in recent years. The government may want more control over internet businesses by curbing monetization, limiting collection of user data, or restricting acquisitions.
|
Metric
|
BILI
|
GOOGL
|
NFLX
|
|---|---|---|---|
Price/Earnings (Normalized) | — | 26.49 | 39.11 |
Price/Book Value | 2.66 | 6.86 | 11.32 |
Price/Sales | 1.70 | 6.46 | 7.18 |
Price/Cash Flow | — | 18.80 | 34.56 |
|
Metric
|
BILI
|
GOOGL
|
NFLX
|
|---|---|---|---|
Quick Ratio | 0.97 | 1.98 | 0.89 |
Current Ratio | 1.03 | 2.15 | 1.07 |
Interest Coverage | −30.99 | 285.78 | 10.53 |
|
Metric
|
BILI
|
GOOGL
|
NFLX
|
|---|---|---|---|
Return on Assets (Normalized) | −9.27% | 24.48% | 13.51% |
Return on Equity (Normalized) | −21.62% | 35.00% | 30.73% |
Return on Invested Capital (Normalized) | −14.54% | 30.54% | 19.50% |
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
NTES
| NetEase Inc ADR | Ndtbgpw | Yqmzqz | $61.5 Bil | |
NETTF
| NetEase Inc Ordinary Shares | — | Gplshv | $61.0 Bil | |
NTDOY
| Nintendo Co Ltd ADR | — | Mng | $56.4 Bil | |
NTDOF
| Nintendo Co Ltd | — | Lysf | $55.5 Bil | |
EA
| Electronic Arts Inc | Kngvqwpbh | Fjmtvdf | $34.2 Bil | |
TTWO
| Take-Two Interactive Software Inc | Pbzjkqrrr | Jnjvpg | $24.7 Bil | |
RBLX
| Roblox Corp Ordinary Shares - Class A | Zzrhssfkt | Ysqhnb | $22.7 Bil | |
NEXOF
| NEXON Co Ltd | — | Nrwyv | $13.4 Bil | |
NEXOY
| NEXON Co Ltd ADR | — | Dclbwgc | $13.4 Bil |
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