Bilibili Inc Class Z

09626: XHKG (HKG)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	HKD 395.00	Vmv	Fsnyjghsr

Bilibili Earnings: Management Reaffirms Breakeven Timeline

Ivan Su

May 24, 2024

Bilibili’s first-quarter earnings were in line with our estimates, and management maintained its breakeven plan by the third quarter of this year. Overall, we maintain our USD 34 (HKD 266) fair value estimate, and continue to believe shares are undervalued.

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