Report
Tian Hou
EUR 214.18 For Business Accounts Only

BILI: More Users And All Three Lines Of Business To Do Well And To Drive Better Performance in 3Q19

BILI will report 3Q19 results on November 18th after the markets close followed by an 8pm EST conference call. Our data showed that BILI made significant progress in all three fronts of UGC videos, live broadcastings and game. Based on our data and model, we believe the company’s revenue is likely to be higher than consensus at RMB1,765M and our model at RMB1,757.5M. In addition, we estimate that paying users is likely to be up at least 10% Q/Q to reach 7.0M in 3Q19 from 6.3M 2Q19.

Underlying
Bilibili Inc. Sponsored ADR Class Z

Provider
T.H. Capital
T.H. Capital

​T.H. Capital is an independent research and investment advisory firm specializing in China. We offers real-time, on-the-ground, bottom-up research across a wide spectrum from macro and industry analysis to company specific projects; from China ADRs to international names that have meaningful exposure to China market. We deliver relevant, comprehensive and data driven research adding immense value to clients.

Analysts
Tian Hou

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