Alibaba Group Holding Future Growth

Future criteria checks 3/6

Alibaba Group Holding is forecast to grow earnings and revenue by 15% and 7.3% per annum respectively. EPS is expected to grow by 17.5% per annum. Return on equity is forecast to be 10.3% in 3 years.

Key information

15.0%

Earnings growth rate

17.5%

EPS growth rate

Multiline Retail earnings growth	31.0%
Revenue growth rate	7.3%
Future return on equity	10.3%
Analyst coverage	Good
Last updated	17 Dec 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

SGX:HBBD - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2027	1,169,988	148,146	168,651	212,908	35
3/31/2026	1,085,974	129,394	147,388	198,730	52
3/31/2025	1,000,088	123,214	133,105	175,205	46
9/30/2024	961,961	85,846	102,693	153,130	N/A
6/30/2024	950,248	69,678	125,900	170,923	N/A
3/31/2024	941,168	79,741	149,664	182,593	N/A
12/31/2023	927,494	99,987	156,302	190,654	N/A
9/30/2023	914,902	132,369	166,879	213,308	N/A
6/30/2023	897,288	84,102	176,837	211,189	N/A
3/31/2023	868,687	72,509	165,400	199,752	N/A
12/31/2022	864,539	32,752	107,987	161,311	N/A
9/30/2022	859,363	13,629	100,983	154,307	N/A
6/30/2022	852,877	39,557	89,701	143,025	N/A
3/31/2022	853,062	61,959	89,435	142,759	N/A
12/31/2021	836,405	72,721	131,166	173,982	N/A
9/30/2021	814,909	124,456	154,008	196,824	N/A
6/30/2021	769,278	147,858	172,474	215,290	N/A
3/31/2021	717,289	150,308	188,970	231,786	N/A
12/31/2020	644,208	158,949	177,029	209,767	N/A
9/30/2020	584,580	131,831	170,326	203,064	N/A
6/30/2020	548,538	175,602	163,356	196,094	N/A
3/31/2020	509,711	149,263	147,869	180,607	N/A
12/31/2019	488,895	171,931	147,353	196,996	N/A
9/30/2019	444,717	152,674	143,087	165,389	N/A
6/30/2019	410,848	100,167	111,032	149,470	N/A
3/31/2019	376,844	87,600	101,332	150,975	N/A
12/31/2018	345,278	69,331	116,969	146,805	N/A
9/30/2018	311,028	60,352	88,445	136,949	N/A
6/30/2018	281,002	57,987	N/A	136,049	N/A
3/31/2018	250,266	63,985	N/A	125,805	N/A
12/31/2017	226,913	67,071	N/A	122,168	N/A
9/30/2017	197,133	60,853	N/A	104,542	N/A
6/30/2017	176,303	50,808	N/A	91,241	N/A
3/31/2017	158,273	43,675	N/A	82,854	N/A
12/31/2016	143,878	38,393	N/A	74,662	N/A
9/30/2016	125,173	33,036	N/A	63,476	N/A
6/30/2016	113,052	48,167	N/A	61,394	N/A
3/31/2016	101,143	71,460	N/A	56,836	N/A
12/31/2015	94,384	68,988	N/A	57,521	N/A
9/30/2015	86,020	62,426	N/A	50,699	N/A
6/30/2015	80,678	42,648	N/A	41,440	N/A
3/31/2015	76,204	24,149	N/A	41,217	N/A
12/31/2014	70,810	26,799	N/A	37,250	N/A
9/30/2014	63,376	29,069	N/A	32,764	N/A
6/30/2014	57,497	31,036	N/A	31,425	N/A
3/31/2014	52,504	23,076	N/A	26,379	N/A
12/31/2013	49,147	21,730	N/A	26,659	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: HBBD's forecast earnings growth (15% per year) is above the savings rate (2.2%).

Earnings vs Market: HBBD's earnings (15% per year) are forecast to grow faster than the SG market (11.2% per year).

High Growth Earnings: HBBD's earnings are forecast to grow, but not significantly.

Revenue vs Market: HBBD's revenue (7.3% per year) is forecast to grow faster than the SG market (3.7% per year).

High Growth Revenue: HBBD's revenue (7.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: HBBD's Return on Equity is forecast to be low in 3 years time (10.3%).