Bilibili (HAM:71BB) Net Current Asset Value: €0.57 (As of Mar. 2026) — 98% Below Median

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HAM:71BB Bilibili Inc HAM:71BB
68 GF Score
Price €15.71
GF Value €18.08
! 4 Warning Signs
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What is Bilibili Net Current Asset Value?

Bilibili HAM:71BB +2.05% 68 Net Current Asset Value is €0.57 as of Mar. 2026, which is 100% below its 10-year median of 34.13. GuruFocus rates HAM:71BB with a GF Score™ of 68/100 and a GF Value™ of €18.08. The stock has 4 warning signs investors should review. Among 366 Interactive Media companies, Bilibili ranks worse than 93.99% on this metric.

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

Bilibili's net current asset value per share for the quarter that ended in Mar. 2026 was €0.57.

The historical rank and industry rank for Bilibili's Net Current Asset Value or its related term are showing as below:

HAM:71BB' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 8.64   Med: 34.13   Max: 179.85
Current: 27.56

During the past 11 years, the highest Price-to-Net-Current-Asset-Value Ratio of Bilibili was 179.85. The lowest was 8.64. And the median was 34.13.

HAM:71BB's Price-to-Net-Current-Asset-Value is ranked worse than
93.99% of 366 companies
in the Interactive Media industry
Industry Median: 3.67 vs HAM:71BB: 27.56

Bilibili  (HAM:71BB) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham’s strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


Bilibili Net Current Asset Value Related Terms


Bilibili Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Bilibili's Net Current Asset Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Bilibili Net Current Asset Value Chart

Bilibili Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.17 -0.73 -0.01 0.37 0.57

Bilibili Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.51 0.27 0.57 0.57 0.57

HAM:71BB vs ZG, SNAP, BZ: Net Current Asset Value Comparison

For the Internet Content & Information subindustry, Bilibili's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bilibili Price-to-Net-Current-Asset-Value vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Bilibili's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Bilibili's Price-to-Net-Current-Asset-Value falls into.


HAM:71BB
68GF Score
Bilibili Inc HAM:71BB
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Bilibili Net Current Asset Value Calculation

Bilibili's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(A: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(3340.494-3106.372--2.997-0)/414.718
=0.57

Bilibili's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(3475.109-3239.953--4.079-0)/416.624
=0.57

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Net Current Asset Value of €0.57 mean?
Bilibili (HAM:71BB) has a Net Current Asset Value of €0.57 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Bilibili and its competitors. This is 98% below median its historical median of 34.13. Over the past decade, Bilibili's Net Current Asset Value has ranged from 8.64 to 179.85. According to the industry distribution chart, Bilibili ranks #344 out of 366 companies in the Interactive Media industry, placing it in the top 94%.
Is Bilibili's Net Current Asset Value too high?
Bilibili's current Net Current Asset Value of €0.57 is 98% below median its 10-year median of 34.13. Over the past 10 years, this metric has ranged from a low of 8.64 to a high of 179.85. Based on the distribution chart, Bilibili ranks #344 out of 366 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Bilibili has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Bilibili's Net Current Asset Value compare to ZG and SNAP?
According to the Interactive Media industry distribution chart, Bilibili ranks #344 out of 366 companies for Net Current Asset Value. This places Bilibili in the lower half of its industry. The industry median Net Current Asset Value is 3.67. Historically, Bilibili's own Net Current Asset Value has ranged from 8.64 to 179.85 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for an Interactive Media company?
The median Net Current Asset Value among Interactive Media companies is 3.67, based on 366 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Bilibili and its competitors. For the Interactive Media industry, the median Net Current Asset Value is 3.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bilibili's current Net Current Asset Value is €0.57, which is 98% below median its own 10-year median of 34.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bilibili stock overvalued right now?
Bilibili (HAM:71BB) has a current Net Current Asset Value of €0.57. The stock's GF Value™ is €18.08, compared to a current price of €15.71 — trading 13.1% below its estimated fair value. The current Net Current Asset Value is €0.57, which is 98% below median its 10-year median of 34.13. Bilibili's overall GF Score™ is 68/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Bilibili (HAM:71BB), the current Net Current Asset Value is €0.57 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Bilibili (HAM:71BB) Overvalued in 2026?

Based on GuruFocus' analysis, Bilibili stock appears to be undervalued. The current stock price of €15.71 is trading 13.1% below its estimated GF Value™ of €18.08.

Key valuation signals for HAM:71BB:

  • Net Current Asset Value: €0.57 (98% below median its 10-year median of 34.13)
  • GF Value™: €18.08 vs. price of €15.71 (13.1% below fair value)
  • GF Score™: 68/100 with 4 warning signs

No single metric tells the full story. See the HAM:71BB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bilibili Business Description

Address No. 485 Zhengli Road, Building 3, Guozheng Center, Yangpu District, Shanghai, CHN
Bilibili is a Chinese online entertainment platform best known for its YouTube-like video-sharing service. Founded in 2009, it initially focused on long-form content centered around anime, comics, and gaming, or ACG, catering primarily to Generation Z users. Over time, the platform has expanded its content ecosystem to cover a broader range of interests, successfully attracting a more diverse audience beyond its original Gen Z base.
68GF Score

Get the complete analysis for HAM:71BB

Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€15.71
Price
€18.08
GF Value