Alibaba Group Holding Past Earnings Performance

Past criteria checks 0/6

Alibaba Group Holding's earnings have been declining at an average annual rate of -19.6%, while the Multiline Retail industry saw earnings growing at 1.8% annually. Revenues have been growing at an average rate of 13.2% per year. Alibaba Group Holding's return on equity is 7.5%, and it has net margins of 8.9%.

Key information

-19.6%

Earnings growth rate

-18.5%

EPS growth rate

Multiline Retail Industry Growth	24.2%
Revenue growth rate	13.2%
Return on equity	7.5%
Net Margin	8.9%
Last Earnings Update	30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Alibaba Group Holding makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SGX:HBBD Revenue, expenses and earnings (CNY Millions)
Date	Revenue	Earnings	G+A Expenses	R&D Expenses
30 Sep 24	961,961	85,846	176,113	55,128
30 Jun 24	950,248	69,678	165,613	55,164
31 Mar 24	941,168	79,741	157,126	52,256
31 Dec 23	927,494	99,987	152,044	52,051
30 Sep 23	914,902	132,369	147,955	52,084
30 Jun 23	897,288	84,102	146,012	53,016
31 Mar 23	868,687	72,509	145,679	56,744
31 Dec 22	864,539	32,752	142,531	53,808
30 Sep 22	859,363	13,629	146,747	55,992
30 Jun 22	852,877	39,557	151,528	56,139
31 Mar 22	853,062	61,959	151,721	55,465
31 Dec 21	836,405	72,721	151,765	57,823
30 Sep 21	814,909	124,456	140,629	55,725
30 Jun 21	769,278	147,858	132,230	59,673
31 Mar 21	717,289	150,308	118,515	57,236
31 Dec 20	644,208	158,949	103,906	54,521
30 Sep 20	584,580	131,831	93,086	51,991
30 Jun 20	548,538	175,602	82,341	43,684
31 Mar 20	509,711	149,263	78,870	43,080
31 Dec 19	488,895	171,931	74,402	41,152
30 Sep 19	444,717	152,674	69,144	38,976
30 Jun 19	410,848	100,167	64,442	36,403
31 Mar 19	376,844	87,600	62,990	37,435
31 Dec 18	345,278	69,331	59,600	35,462
30 Sep 18	311,028	60,352	54,757	32,850
30 Jun 18	281,002	57,987	50,577	29,568
31 Mar 18	250,266	63,985	43,540	22,754
31 Dec 17	226,913	67,071	39,074	20,586
30 Sep 17	197,133	60,853	33,737	18,717
30 Jun 17	176,303	50,808	30,725	17,768
31 Mar 17	158,273	43,675	28,553	17,060
31 Dec 16	143,878	38,393	26,021	16,115
30 Sep 16	125,173	33,036	24,385	15,444
30 Jun 16	113,052	48,167	22,384	14,535
31 Mar 16	101,143	71,460	20,512	13,788
31 Dec 15	94,384	68,988	20,326	13,257
30 Sep 15	86,020	62,426	19,625	12,591
30 Jun 15	80,678	42,648	18,642	11,947
31 Mar 15	76,204	24,149	16,313	10,658
31 Dec 14	70,810	26,799	13,097	8,816
30 Sep 14	63,376	29,069	10,331	7,440
30 Jun 14	57,497	31,036	8,072	6,027
31 Mar 14	52,504	23,076	7,494	5,093
31 Dec 13	49,147	21,730	6,768	4,747

Quality Earnings: HBBD has a large one-off loss of CN¥32.5B impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: HBBD's current net profit margins (8.9%) are lower than last year (14.5%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: HBBD's earnings have declined by 19.6% per year over the past 5 years.

Accelerating Growth: HBBD's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: HBBD had negative earnings growth (-35.1%) over the past year, making it difficult to compare to the Multiline Retail industry average (8.5%).

Return on Equity

High ROE: HBBD's Return on Equity (7.5%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/17 02:36
End of Day Share Price	2024/12/17 00:00
Earnings	2024/09/30
Annual Earnings	2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Alibaba Group Holding Limited is covered by 99 analysts. 52 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Sau Shing Chow	ABCI Securities Company Limited
Zixiao Yang	Arete Research Services LLP
Richard Kramer	Arete Research Services LLP