XML 40 R4.htm IDEA: XBRL DOCUMENT v3.20.4
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS
¥ in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2020
CNY (¥)
¥ / shares
shares
Dec. 31, 2020
USD ($)
$ / shares
shares
Dec. 31, 2019
CNY (¥)
¥ / shares
shares
Dec. 31, 2018
CNY (¥)
¥ / shares
shares
Net revenues ¥ 11,998,976 $ 1,838,924 ¥ 6,777,922 ¥ 4,128,931
Cost of revenues (9,158,800) (1,403,648) (5,587,673) (3,273,493)
Gross profit 2,840,176 435,276 1,190,249 855,438
Operating expenses:        
Sales and marketing expenses (3,492,091) (535,186) (1,198,516) (585,758)
General and administrative expenses (976,082) (149,592) (592,497) (461,165)
Research and development expenses (1,512,966) (231,872) (894,411) (537,488)
Total operating expenses (5,981,139) (916,650) (2,685,424) (1,584,411)
Loss from operations (3,140,963) (481,374) (1,495,175) (728,973)
Other income:        
Investment income, net (including impairments) 28,203 4,322 96,610 96,440
Interest income 83,301 12,766 162,782 68,706
Interest expense (108,547) (16,636) (46,543)  
Exchange (losses)/gains 41,717 6,393 (11,789) (1,661)
Others, net 95,641 14,660 26,412 26,455
Total other income, net 140,315 21,505 227,472 189,940
Loss before tax (3,000,648) (459,869) (1,267,703) (539,033)
Income tax (53,369) (8,180) (35,867) (25,988)
Net loss (3,054,017) (468,049) (1,303,570) (565,021)
Accretion to redeemable noncontrolling interests (4,292) (658)    
Accretion to Pre-IPO Preferred Shares redemption value | ¥       (64,605)
Net loss attributable to noncontrolling interests 46,605 7,143 14,597 13,301
Net loss attributable to the Bilibili Inc.'s shareholders (3,011,704) (461,564) (1,288,973) (616,325)
Net loss (3,054,017) (468,049) (1,303,570) (565,021)
Other comprehensive income/(loss):        
Foreign currency translation adjustments (325,100) (49,823) 140,152 296,030
Total other comprehensive income/(loss) (325,100) (49,823) 140,152 296,030
Total comprehensive loss (3,379,117) (517,872) (1,163,418) (268,991)
Accretion to redeemable noncontrolling interests (4,292) (658)    
Accretion to Pre-IPO Preferred Shares redemption value | ¥       (64,605)
Net loss attributable to noncontrolling interests 46,605 7,143 14,597 13,301
Comprehensive loss attributable to the Bilibili Inc.'s shareholders ¥ (3,336,804) $ (511,387) ¥ (1,148,821) ¥ (320,295)
Net loss per share/ADS, basic | (per share) ¥ (8.71) $ (1.33) ¥ (3.99) ¥ (2.64)
Net loss per share/ADS, diluted | (per share) ¥ (8.71) $ (1.33) ¥ (3.99) ¥ (2.64)
Cost of revenues        
Share-based compensation expenses included in:        
Share-based compensation expenses ¥ 37,087 $ 5,684 ¥ 23,281 ¥ 28,173
Sales and marketing expenses        
Share-based compensation expenses included in:        
Share-based compensation expenses 40,808 6,254 14,269 11,499
General and administrative expenses        
Share-based compensation expenses included in:        
Share-based compensation expenses 181,753 27,855 68,497 102,544
Research and development expenses        
Share-based compensation expenses included in:        
Share-based compensation expenses ¥ 126,250 $ 19,349 ¥ 66,503 ¥ 38,977
ADSs        
Other comprehensive income/(loss):        
Net loss per share/ADS, basic | (per share) ¥ (8.71) $ (1.33) ¥ (3.99) ¥ (2.64)
Net loss per share/ADS, diluted | (per share) ¥ (8.71) $ (1.33) ¥ (3.99) ¥ (2.64)
Weighted average number of ordinary shares/ADSs, basic | shares 345,816,023 345,816,023 323,161,680 233,047,703
Weighted average number of ordinary shares/ADSs, diluted | shares 345,816,023 345,816,023 323,161,680 233,047,703
Ordinary shares        
Other comprehensive income/(loss):        
Weighted average number of ordinary shares/ADSs, basic | shares 345,816,023 345,816,023 323,161,680 233,047,703
Weighted average number of ordinary shares/ADSs, diluted | shares 345,816,023 345,816,023 323,161,680 233,047,703