中商官网
研究报告
哔哩哔哩-W（HK9626）
主要经济指标
| 类别\年份 | 营业额 （元) |
营业额同比 （%) |
营业利润 （元) |
营业利润同比 （%) |
利润总额 （元) |
利润总额同比 （%) |
净利润 （元) |
净利润同比 （%) |
| 2025-03 | 7003248000.0000 | 23.63 | 2539098000.0000 | 58.16 | 911000.0000 | -100.12 | -9102000.0000 | -98.78 |
| 2024-12 | 26831525000.0000 | 19.10 | 8773963000.0000 | 61.23 | -1400195000.0000 | -70.42 | -1346800000.0000 | -72.07 |
| 2024-09 | 19097364000.0000 | 18.04 | 5985747000.0000 | 58.27 | -1465596000.0000 | -57.41 | -1436760000.0000 | -59.25 |
| 2024-06 | 11791744000.0000 | 13.67 | 3438561000.0000 | 47.48 | -1377372000.0000 | -35.10 | -1357245000.0000 | -37.58 |
| 2023-12 | 22527987000.0000 | 2.87 | 5441865000.0000 | 41.37 | -4733008000.0000 | -36.07 | -4822321000.0000 | -35.68 |
| 2024-03 | 5664600000.0000 | 11.74 | 1605360000.0000 | 45.42 | -763069000.0000 | 27.62 | -748545000.0000 | 19.25 |
| 2023-03 | 5069611000.0000 | 0.31 | 1103932000.0000 | 36.75 | -597913000.0000 | -73.48 | -627686000.0000 | -72.49 |
| 2023-06 | 10373810000.0000 | 4.12 | 2331466000.0000 | 50.85 | -2122187000.0000 | -49.92 | -2174393000.0000 | -49.30 |
| 2023-09 | 16178891000.0000 | 2.68 | 3781883000.0000 | 45.47 | -3441458000.0000 | -41.94 | -3525837000.0000 | -41.26 |
| 2022-12 | 21899167000.0000 | 12.98 | 3849295000.0000 | -4.79 | -7403508000.0000 | 10.28 | -7497013000.0000 | 10.43 |
| 2022-09 | 15756681000.0000 | 15.83 | 2599742000.0000 | -11.73 | -5926933000.0000 | 27.45 | -6002359000.0000 | 27.68 |
| 2022-03 | 5054099000.0000 | 29.56 | 807241000.0000 | -13.93 | -2254373000.0000 | 152.62 | -2281982000.0000 | 152.56 |
| 2022-06 | 9963030000.0000 | 18.66 | 1545526000.0000 | -19.79 | -4237976000.0000 | 112.70 | -4288909000.0000 | 111.89 |
| 2021-12 | 19383684000.0000 | 61.54 | 4043147000.0000 | 42.36 | -6713450000.0000 | 123.73 | -6789228000.0000 | 125.43 |
| 2021-09 | 13602901000.0000 | 66.73 | 2945345000.0000 | 55.34 | -4650470000.0000 | 114.14 | -4701214000.0000 | 115.27 |
| 2021-06 | 8396327000.0000 | 70.20 | 1926858000.0000 | 69.85 | -1992497000.0000 | 83.12 | -2024133000.0000 | 83.70 |
| 2021-03 | 3901073000.0000 | 68.47 | 937876000.0000 | 76.80 | -892384000.0000 | 68.64 | -903555000.0000 | 68.81 |
| 2020-12 | 11998976000.0000 | 77.03 | 2840176000.0000 | 138.62 | -3000648000.0000 | 136.70 | -3011704000.0000 | 133.65 |
| 2020-06 | 4933136000.0000 | -- | 1134477000.0000 | -- | -1088078000.0000 | -- | -1101889000.0000 | -- |
| 2020-03 | 2315535000.0000 | -- | 530464000.0000 | -- | -529163000.0000 | -- | -535241000.0000 | -- |
| 2020-09 | 8158849000.0000 | -- | 1896052000.0000 | -- | -2171698000.0000 | -- | -2183905000.0000 | -- |
| 2018-12 | 4128931000.0000 | -- | 855438000.0000 | -- | -539033000.0000 | -- | -616325000.0000 | -- |
| 2019-12 | 6777922000.0000 | 64.16 | 1190249000.0000 | 39.14 | -1267703000.0000 | 135.18 | -1288973000.0000 | 109.14 |
盈利能力分析
| 类别\年份 | 销售毛利率 （%) |
主营利润率 （%) |
总资产利润率 （%) |
净资产收益率 （%) |
存货周转率 | 应收账款周转率 （次) |
总资产周转率 （次) |
| 2025-03 | 36.26 | 0.9000 | 0.00 | -0.0600 | -- | -- | 0.21 |
| 2024-12 | 32.70 | -3.3200 | -4.28 | -9.5500 | -- | -- | 0.82 |
| 2024-09 | 31.34 | -6.5900 | -4.58 | -10.4700 | -- | -- | 0.60 |
| 2024-06 | 29.16 | -10.5200 | -4.40 | -9.9900 | -- | -- | 0.38 |
| 2023-12 | 24.16 | -20.3700 | -14.27 | -33.5100 | -- | -- | 0.68 |
| 2024-03 | 28.34 | -12.7300 | -2.52 | -5.3800 | -- | -- | 0.19 |
| 2023-03 | 21.78 | -24.0800 | -1.46 | -3.5700 | -- | -- | 0.12 |
| 2023-06 | 22.47 | -23.2600 | -6.08 | -13.1500 | -- | -- | 0.30 |
| 2023-09 | 23.38 | -21.6100 | -10.15 | -22.8000 | -- | -- | 0.48 |
| 2022-12 | 17.58 | -37.4000 | -17.70 | -49.2000 | -- | -- | 0.52 |
| 2022-09 | 16.50 | -38.3100 | -12.45 | -36.2900 | -- | -- | 0.33 |
| 2022-03 | 15.97 | -38.9200 | -4.71 | -11.7300 | -- | -- | 0.11 |
| 2022-06 | 15.51 | -41.8500 | -8.74 | -23.9100 | -- | -- | 0.21 |
| 2021-12 | 20.86 | -33.6300 | -12.90 | -31.2800 | -- | -- | 0.37 |
| 2021-09 | 21.65 | -34.1900 | -10.95 | -20.1000 | -- | -- | 0.32 |
| 2021-06 | 22.95 | -31.1600 | -4.60 | -7.9700 | -- | -- | 0.19 |
| 2021-03 | 24.04 | -22.8800 | -2.21 | -3.7500 | -- | -- | 0.10 |
| 2020-12 | 23.67 | -25.2400 | -12.57 | -39.6300 | -- | -- | 0.50 |
| 2020-06 | 23.00 | -22.1600 | -- | -- | -- | -- | -- |
| 2020-03 | 22.91 | -22.8500 | -- | -- | -- | -- | -- |
| 2020-09 | 23.24 | -26.8500 | -- | -- | -- | -- | -- |
| 2018-12 | 20.72 | -13.0600 | -5.14 | -8.8700 | -- | -- | 0.39 |
| 2019-12 | 17.56 | -18.7000 | -8.17 | -18.2800 | -- | -- | 0.44 |
偿债能力分析
| 类别\年份 | 资产负债率 （%) |
股东权益比率 （%) |
流动比率 | 速动比率 |
| 2025-03 | 56.79 | 43.21 | 1.36 | 1.36 |
| 2024-12 | 56.87 | 43.13 | 1.34 | 1.34 |
| 2024-09 | 57.14 | 42.86 | 1.05 | 1.05 |
| 2024-06 | 56.63 | 43.37 | 1.02 | 1.02 |
| 2023-12 | 56.56 | 43.44 | 1.03 | 1.03 |
| 2024-03 | 54.03 | 45.97 | 1.03 | 1.03 |
| 2023-03 | 57.08 | 42.92 | 1.43 | 1.43 |
| 2023-06 | 52.62 | 47.38 | 1.29 | 1.29 |
| 2023-09 | 54.34 | 45.66 | 1.28 | 1.28 |
| 2022-12 | 63.57 | 36.43 | 1.43 | 1.43 |
| 2022-09 | 65.25 | 34.75 | 1.64 | 1.64 |
| 2022-03 | 59.35 | 40.65 | 2.71 | 2.71 |
| 2022-06 | 63.01 | 36.99 | 2.34 | 2.34 |
| 2021-12 | 58.28 | 41.72 | 3.02 | 3.02 |
| 2021-09 | 44.84 | 55.16 | 2.74 | 2.74 |
| 2021-06 | 41.25 | 58.75 | 3.50 | 3.50 |
| 2021-03 | 40.02 | 59.98 | 4.18 | 4.18 |
| 2020-12 | 67.39 | 32.61 | 2.13 | 2.13 |
| 2020-06 | -- | -- | -- | -- |
| 2020-03 | -- | -- | -- | -- |
| 2020-09 | -- | -- | -- | -- |
| 2018-12 | 31.45 | 68.55 | 1.99 | 1.99 |
| 2019-12 | 50.79 | 49.21 | 2.42 | 2.42 |
成本费用分析
| 类别\年份 | 销售成本 （元) |
销售费用 （元) |
管理费用 （元) |
财务费用 （元) |
| 2025/3/31 0:00:00 | 4464150000.0000 | -- | 1357115000.0000 | -49943000.0000 |
| 2024/12/31 0:00:00 | 18057562000.0000 | -- | 5716277000.0000 | -277072000.0000 |
| 2024/9/30 0:00:00 | 13111617000.0000 | -- | 4291095000.0000 | -176379000.0000 |
| 2024/6/30 0:00:00 | 8353183000.0000 | -- | 2879637000.0000 | -108833000.0000 |
| 2023/12/31 0:00:00 | 17086122000.0000 | -- | 6589902000.0000 | -341970000.0000 |
| 2024/3/31 0:00:00 | 4059240000.0000 | -- | 1496897000.0000 | -43573000.0000 |
| 2023/3/31 0:00:00 | 3965679000.0000 | -- | 1598407000.0000 | -80856000.0000 |
| 2023/6/30 0:00:00 | 8042344000.0000 | -- | 3185427000.0000 | -176066000.0000 |
| 2023/9/30 0:00:00 | 12397008000.0000 | -- | 4750714000.0000 | -239853000.0000 |
| 2022/12/31 0:00:00 | 18049872000.0000 | -- | 7286494000.0000 | -10383000.0000 |
| 2022/9/30 0:00:00 | 13156939000.0000 | -- | 4975888000.0000 | 99013000.0000 |
| 2022/3/31 0:00:00 | 4246858000.0000 | -- | 1544139000.0000 | 34399000.0000 |
| 2022/6/30 0:00:00 | 8417504000.0000 | -- | 3301512000.0000 | 54870000.0000 |
| 2021/12/31 0:00:00 | 15340537000.0000 | -- | 4677368000.0000 | 100604000.0000 |
| 2021/9/30 0:00:00 | 10657556000.0000 | -- | 3341631000.0000 | 81146000.0000 |
| 2021/6/30 0:00:00 | 6469469000.0000 | -- | 2078409000.0000 | 51232000.0000 |
| 2021/3/31 0:00:00 | 2963197000.0000 | -- | 968785000.0000 | 50391000.0000 |
| 2020/12/31 0:00:00 | 9158800000.0000 | -- | 2489048000.0000 | -16471000.0000 |
| 2020/6/30 0:00:00 | 3798659000.0000 | -- | 1007751000.0000 | -29236000.0000 |
| 2020/3/31 0:00:00 | 1785071000.0000 | -- | 468712000.0000 | -24190000.0000 |
| 2020/9/30 0:00:00 | 6262797000.0000 | -- | 1662256000.0000 | -22831000.0000 |
| 2018/12/31 0:00:00 | 3273493000.0000 | -- | 998653000.0000 | -67045000.0000 |
| 2019/12/31 0:00:00 | 5587673000.0000 | -- | 1486908000.0000 | -104450000.0000 |