Discounted Cash Flow

Bilibili Inc. ADR

BILI · Based on 10 years of SEC filings · Converted from CNY to USD

DCF estimate unavailable — only_1_profitable_out_of_last_5

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2017 $2.5b $-84.6m $47.3m -3.4% $-8.17
2018 $600.5m (-75.7%) $-13.3m (84.3%) $102.8m (117.3%) -2.2% (35.5%) $-0.38 (95.3%)
2019 $973.6m (62.1%) $-27.4m (-106.5%) $22.5m (-78.1%) -2.8% (-27.4%) $-0.57 (-50.0%)
2020 $1.8b (88.9%) $-68.3m (-149.3%) $97.8m (334.7%) -3.7% (-32.0%) $-1.33 (-133.3%)
2021 $3.0b (65.4%) $-157.7m (-130.8%) $-414.2m (-523.5%) -5.2% (-39.5%) $-2.80 (-110.5%)
2022 $3.2b (4.4%) $-1.1b (-603.7%) $-595.2m (-43.7%) -34.9% (-574.1%) $-2.75 (1.8%)
2023 $3.2b (-0.1%) $-713.7m (35.7%) $35.7m (106.0%) -22.5% (35.6%) $-1.64 (40.4%)
2024 $3.7b (15.8%) $-199.3m (72.1%) $880.7m (2369.3%) -5.4% (75.9%) $-0.44 (73.2%)
2025 $4.3b (18.1%) $25.3m (112.7%) $25.3m (-97.1%) 0.6% (110.7%) $0.41 (193.2%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

SEC filings report in CNY. Values above are converted to USD for comparison with the US-listed share price.

Values abbreviated: b = billions, m = millions, k = thousands.

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model

only_1_profitable_out_of_last_5

Once the company meets all DCF eligibility criteria (sufficient history, profitability, growth trends), an estimate will become available automatically. No action is needed.