Bilibili Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	6,595	12,184	10,249	7,192	10,173	7,523
Short-Term Investments	17,599	12,140	6,434	7,925	9,423	22,800
Cash & Short-Term Investments	24,194	24,324	16,683	15,117	19,595	30,323
Cash Growth	38.00%	45.80%	10.36%	-22.86%	-35.38%	136.77%
Accounts Receivable	1,321	1,268	1,227	1,574	1,329	1,382
Other Receivables	-	159.93	255.2	266.67	365.91	342.55
Receivables	1,321	2,246	2,113	2,506	3,029	3,503
Inventory	-	278.89	294.77	241	514.05	550.51
Prepaid Expenses	-	224.82	236.82	390.65	561.06	705.05
Restricted Cash	0.8	50.8	50	50	14.8	-
Other Current Assets	2,172	426.32	378.15	422.2	738.91	1,365
Total Current Assets	27,689	27,550	19,756	18,727	24,453	36,447
Property, Plant & Equipment	1,163	695.11	589.23	714.73	1,227	1,350
Long-Term Investments	4,586	4,762	3,912	4,367	5,651	5,503
Goodwill	2,818	2,818	2,725	2,725	2,725	2,338
Other Intangible Assets	3,060	3,110	3,201	3,628	4,327	3,836
Long-Term Deferred Tax Assets	-	166.13	135.13	46.59	43.59	36.36
Long-Term Deferred Charges	1,479	1,600	1,851	2,066	1,930	1,084
Other Long-Term Assets	627.9	467.17	529.15	885.34	1,474	1,459
Total Assets	41,424	41,168	32,699	33,159	41,831	52,053
Accounts Payable	5,951	5,514	4,806	4,334	4,292	4,361
Accrued Expenses	4,825	3,543	3,200	2,266	2,400	2,473
Short-Term Debt	4,861	1,599	1,571	1,402	1,484	1,232
Current Portion of Long-Term Debt	-	3,262	0.66	6,054	5,138	-
Current Portion of Leases	-	149.3	214.62	188.5	238.69	206.76
Current Income Taxes Payable	365.88	152.25	134.3	131.82	109.86	69.77
Current Unearned Revenue	4,569	4,662	3,802	2,954	2,819	2,645
Other Current Liabilities	-	1,446	1,034	774.17	612.16	1,083
Total Current Liabilities	20,571	20,327	14,763	18,104	17,093	12,071
Long-Term Debt	4,706	4,776	3,264	0.65	8,683	17,784
Long-Term Leases	-	33.85	-	-	-	-
Other Long-Term Liabilities	538.34	482.47	567.63	650.46	814.43	481.98
Total Liabilities	25,815	25,619	18,595	18,755	26,591	30,337
Common Stock	15,641	0.27	0.27	0.27	0.25	0.25
Additional Paid-In Capital	-	41,809	41,454	40,445	36,623	35,930
Retained Earnings	-	-26,419	-27,613	-26,266	-21,444	-13,947
Comprehensive Income & Other	-	183.79	266.82	212.48	58.11	-279.86
Total Common Equity	15,641	15,573	14,108	14,392	15,238	21,704
Minority Interest	-32.5	-24.72	-4.48	12.37	1.76	12.4
Shareholders' Equity	15,609	15,549	14,104	14,404	15,240	21,716
Total Liabilities & Equity	41,424	41,168	32,699	33,159	41,831	52,053
Total Debt	9,566	9,820	5,051	7,645	15,543	19,223
Net Cash (Debt)	14,628	14,504	11,632	7,472	4,052	11,100
Net Cash Growth	19.56%	24.69%	55.68%	84.39%	-63.49%	163.29%
Net Cash Per Share	32.23	32.66	27.93	18.08	10.26	29.22
Filing Date Shares Outstanding	419.46	416.62	416.77	412.16	409.92	390.6
Total Common Shares Outstanding	419.46	414.72	416.55	412.16	394.58	390.6
Working Capital	7,118	7,223	4,993	623.34	7,359	24,376
Book Value Per Share	37.29	37.55	33.87	34.92	38.62	55.56
Tangible Book Value	9,763	9,646	8,182	8,039	8,186	15,530
Tangible Book Value Per Share	23.28	23.26	19.64	19.51	20.75	39.76
Machinery	-	3,849	3,407	3,029	2,830	2,278
Leasehold Improvements	-	218.49	222.93	232.04	282.01	221.28