XML 81 R59.htm IDEA: XBRL DOCUMENT v3.25.1
Operations - Risks in relation to the VIE structure (Details)
¥ in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2024
CNY (¥)
Dec. 31, 2024
USD ($)
Dec. 31, 2023
CNY (¥)
Dec. 31, 2022
CNY (¥)
Dec. 31, 2024
USD ($)
Dec. 31, 2021
CNY (¥)
Variable Interest Entity [Line Items]            
Cash and cash equivalents ¥ 10,249,382   ¥ 7,191,821 ¥ 10,172,584 $ 1,404,160  
Time deposits 3,588,475   5,194,891   491,619  
Restricted cash 50,000   50,000   6,850  
Accounts receivable, net 1,226,875   1,573,900   168,081  
Amount due from related parties 786,677   790,574   107,774  
Prepayments and other current assets 1,148,111   1,272,788   157,291  
Short-term investments 2,706,535   2,653,065   370,794  
Long-term investments, net 3,911,592   4,366,632   535,886  
Other non-current assets 529,146   885,342   72,493  
Total assets 32,698,500   33,159,067   4,479,677  
Accounts payable 4,801,416   4,333,730   657,791  
Salary and welfare payables 1,599,482   1,219,355   219,128  
Taxes payable 428,932   345,250   58,763  
Deferred revenue 3,802,307   2,954,088   520,914  
Accrued liabilities and other payables 2,554,281   1,780,623   349,935  
Amounts due to related parties 4,549   14,896   623  
Other long-term payable 567,631   650,459   77,765  
Total liabilities 18,594,587   18,754,800   2,547,447  
Total Bilibili Inc's shareholders' deficit 14,108,397   14,391,900   1,932,844  
Noncontrolling interests (4,484)   12,367   (614)  
Total shareholders' equity 14,103,913   14,404,267 15,239,587 1,932,230 ¥ 21,716,066
Total liabilities and shareholders' equity 32,698,500   33,159,067   $ 4,479,677  
Total revenues 26,831,525 $ 3,675,904 22,527,987 21,899,167    
(Loss)/profit from non-operations (1,343,969) (184,122) (5,064,187) (8,357,944)    
(Loss)/ profit before income tax expenses (1,400,195) (191,825) (4,733,008) (7,403,508)    
Income tax (expense)/benefit 36,544 5,007 (78,705) (104,145)    
Net loss (1,363,651) (186,818) (4,811,713) (7,507,653)    
Net loss/(profit) attributable to noncontrolling interests 16,851 2,309 (10,608) 10,640    
Net (loss)/profit attributable to Bilibili Inc.'s shareholders (1,346,800) (184,509) (4,822,321) (7,497,013)    
Net cash provided by operating activities 6,014,900 824,032 266,622 (3,911,370)    
Purchase of short-term investments (36,969,524) (5,064,804) (13,547,650) (70,578,711)    
Maturities of short-term investments 37,007,903 5,070,062 16,328,255 81,698,532    
Placements of time deposits (5,833,946) (799,247) (9,961,925) (10,245,026)    
Maturities of time deposits 7,486,732 1,025,678 9,690,806 13,909,967    
Net cash used in investing activities (138,087) (18,917) 1,762,148 10,609,218    
Net cash provided by/(used in) financing activities (2,825,383) $ (387,076) (5,074,685) (4,354,919)    
Assets of VIE's used to settle obligations of respective VIE's registered capital 544,000   501,800      
Assets of VIE's used to settle obligations of respective VIE's non-distributable statutory reserves 34,800   31,400      
Related Party [Member]            
Variable Interest Entity [Line Items]            
Amounts due from Group companies 786,677   790,574      
Amounts due to the Group companies [1] 4,549   14,896      
Consolidated VIEs without recourse to the primary beneficiary            
Variable Interest Entity [Line Items]            
Cash and cash equivalents 2,108,946   1,893,282      
Time deposits 21,560   4,259      
Restricted cash 50,000   50,000      
Accounts receivable, net 623,464   800,158      
Prepayments and other current assets 382,386   477,430      
Short-term investments 537,432   206,811      
Long-term investments, net 1,714,647   1,633,932      
Other non-current assets 4,647,176   5,216,774      
Total assets 10,635,544   10,770,471      
Accounts payable 3,650,374   3,320,121      
Salary and welfare payables 426,568   310,062      
Taxes payable 135,235   123,728      
Short-term loans 600,000   600,000      
Deferred revenue 2,727,174   2,116,463      
Accrued liabilities and other payables 895,670   619,556      
Other long-term payable 400,630   302,203      
Total liabilities 19,202,838   20,038,653      
Total Bilibili Inc's shareholders' deficit (8,575,962)   (9,279,384)      
Noncontrolling interests 8,668   11,202      
Total shareholders' equity (8,567,294)   (9,268,182)      
Total liabilities and shareholders' equity 10,635,544   10,770,471      
Total revenues 18,310,637   15,633,059 16,074,746    
Total costs and expenses (17,975,676)   (16,456,260) (19,582,407)    
(Loss)/profit from non-operations 243,418   (263,022) (268,584)    
(Loss)/ profit before income tax expenses 578,379   (1,086,223) (3,776,245)    
Income tax (expense)/benefit 45,147   (31,321) (89,660)    
Net loss 623,526   (1,117,544) (3,865,905)    
Net loss/(profit) attributable to noncontrolling interests 17,135   (9,587) 9,088    
Net (loss)/profit attributable to Bilibili Inc.'s shareholders 640,661   (1,127,131) (3,856,817)    
Net cash provided by operating activities 4,045,824   1,890,381 913,694    
Purchase of short-term investments (8,204,894)   (1,126,000) (7,335,115)    
Maturities of short-term investments 7,873,769   1,126,500 7,970,552    
Placements of time deposits (28,500)   (5,701) (1,270)    
Maturities of time deposits 11,424   5,701 4,444    
Other investing activities (1,091,578)   (944,970) (2,188,712)    
Net cash used in investing activities (1,439,779)   (944,470) (1,550,101)    
Other financing activities (698,000)   92,265 0    
Net cash provided by/(used in) financing activities (2,398,509)   (603,605) 1,884,890    
Consolidated VIEs without recourse to the primary beneficiary | Third-party            
Variable Interest Entity [Line Items]            
Total revenues 17,393,878   14,642,361 14,876,639    
Total costs and expenses (16,539,124)   (15,591,936) (18,436,865)    
Net cash provided by operating activities 4,815,447   828,787 (2,339,697)    
Consolidated VIEs without recourse to the primary beneficiary | Inter-company            
Variable Interest Entity [Line Items]            
Total revenues 916,759   990,698 1,198,107    
Consolidated VIEs without recourse to the primary beneficiary | Inter-company | Consulting and services charges            
Variable Interest Entity [Line Items]            
Total costs and expenses (1,282,159)   (581,599) (726,875)    
Consolidated VIEs without recourse to the primary beneficiary | Other inter-company            
Variable Interest Entity [Line Items]            
Total costs and expenses (154,393)   (282,725) (418,667)    
Consolidated VIEs without recourse to the primary beneficiary | Group companies            
Variable Interest Entity [Line Items]            
Amounts due from Group companies 532,700   484,413      
Amounts due to the Group companies 10,362,724   12,631,675      
Net cash provided by operating activities (129,306)   1,822,310 3,863,991    
Investments and loans from/(to) Group companies (1,700,509)   (695,870) 1,884,890    
Consolidated VIEs without recourse to the primary beneficiary | Group companies | Consulting and services charges            
Variable Interest Entity [Line Items]            
Net cash provided by operating activities (640,317)   (760,716) ¥ (610,600)    
Consolidated VIEs without recourse to the primary beneficiary | Related Party [Member]            
Variable Interest Entity [Line Items]            
Amount due from related parties 17,233   3,412      
Amounts due to related parties ¥ 4,463   ¥ 14,845      
[1] The balances as of December 31, 2023 mainly represent considerations related to long-term investments, which are non-trade in nature. The balances as of December 31, 2024 mainly represent the payables in trade nature.