BILI vs SJ
Bilibili Inc. and Scienjoy Holding Corp., side by side — 8 fiscal years reported in CNY, drawn from SEC filings.
Most recent reported year
| Metric | BILI | SJ |
|---|---|---|
| Revenue | CNY 30.3B | CNY 1.2B |
| Net income | CNY 1.2B | CNY -587.1M |
| Gross margin | 36.6% | 18.3% |
| Net margin | 3.9% | −47.9% |
| Return on equity | 8.0% | −64.7% |
| Diluted EPS | CNY 2.74 | −CNY 14.05 |
| Dividend / share | · | · |
| Payout ratio | · | · |
| Free cash flow | CNY 6.6B | CNY 69.7M |
| Equity | CNY 15.6B | CNY 615.4M |
| Net debt / equity | −0.27× | · |
| Current ratio | 1.36× | 3.60× |
| Revenue CAGR 5y | 20.4% | 0.3% |
| Profit CAGR 5y | · | · |
BILI bills 24.4× the revenue of SJ, and SJ closed the last reported year at a loss.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
8 years side by side
| Fiscal year | BILI | SJ |
|---|---|---|
| FY2025 | CNY 30.3B | CNY 1.2B |
| FY2024 | CNY 26.8B | CNY 1.4B |
| FY2023 | CNY 22.5B | CNY 1.5B |
| FY2022 | CNY 21.9B | CNY 2.0B |
| FY2021 | CNY 19.4B | CNY 1.7B |
| FY2020 | CNY 12.0B | CNY 1.2B |
| FY2019 | CNY 6.8B | CNY 914.6M |
| FY2018 | CNY 4.1B | CNY 743.0M |
Bottom line
| Fiscal year | BILI | SJ |
|---|---|---|
| FY2025 | CNY 1.2B | CNY -587.1M |
| FY2024 | CNY -1.3B | CNY 39.7M |
| FY2023 | CNY -4.8B | CNY -30.8M |
| FY2022 | CNY -7.5B | CNY 193.3M |
| FY2021 | CNY -6.8B | CNY 170.0M |
| FY2020 | CNY -3.1B | CNY 176.1M |
| FY2019 | CNY -1.3B | CNY 149.9M |
| FY2018 | CNY -565.0M | CNY 106.7M |
8 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +CNY 29,106,145,000 | BILI |
| FY2024 | +CNY 25,468,141,000 | BILI |
| FY2023 | +CNY 21,063,116,000 | BILI |
| FY2022 | +CNY 19,945,910,000 | BILI |
| FY2021 | +CNY 17,714,326,000 | BILI |
| FY2020 | +CNY 10,776,793,000 | BILI |
| FY2019 | +CNY 5,863,296,000 | BILI |
| FY2018 | +CNY 3,385,913,000 | BILI |
BILI has reported the higher revenue in every one of these 8 fiscal years. The gap has widened since the earliest year compared.
8 of 10 comparable fiscal years — a year missing data on either side is not counted.
8 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +51.8 pp | BILI |
| FY2024 | −7.0 pp | SJ |
| FY2023 | −19.0 pp | SJ |
| FY2022 | −44.3 pp | SJ |
| FY2021 | −45.3 pp | SJ |
| FY2020 | −39.9 pp | SJ |
| FY2019 | −35.6 pp | SJ |
| FY2018 | −28.1 pp | SJ |
The higher net margin has changed hands between BILI and SJ over this period.
8 of 10 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
SJ's net margin has been more volatile than BILI's over the 8 comparable fiscal years — 19.9 percentage points of standard deviation against 12.7.
8 of 10 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between BILI and SJ over these 8 fiscal years — BILI led in 1 and SJ in 7.
8 of 10 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
SJ's return on equity has been more volatile than BILI's over the 7 comparable fiscal years — 55.0 percentage points of standard deviation against 18.6.
7 of 8 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between BILI and SJ over these 7 fiscal years — BILI led in 1 and SJ in 6.
7 of 8 comparable fiscal years — a year missing data on either side is not counted.