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Company Encyclopedia
name
Alibaba HK SDR 5to1
HBBD.SG
Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally. It operates digital retail platforms under the Taobao and Tmall names; wholesale marketplaces through 1688.com and Alibaba.com; global e-commerce platform under the AliExpress name; e-commerce platforms under the Lazada, Trendyol, and Daraz names; and consumer-to-consumer community and marketplace under the Tmall Global, Tmall Supermarket, and Xianyu names. The company also operates Cainiao, an e-commerce logistics solution; Ele.me, an on-demand delivery and local services platform; and Amap, a provider of mobile digital map, navigation, and real-time traffic information; Youku, an online video platform; and Damai Entertainment that provides content production, promotion and distribution, performance and event ticketing management, IP-related licensing and operations, cinema ticketing management, and internet data services for the entertainment industry. In addition, it provides elastic computing, storage, network, security, database, big data, cloud native, and Alibaba cloud model studio services; and hardware, software license and installation, and application development and maintenance services, as well as sells membership packages and subscriptions.
13.55 B
HBBD.SGMarket value -Rank by Market Cap -/-

Financial Score

19/05/2026 Update
C
Broadline RetailIndustry
Industry Ranking1/7
Industry medianC
Industry averageC
Score Analysis
Peer Comparison
  • Criteria
    Rating
  • Profit ScoreB
    • ROE10.23%B
    • Profit Margin10.12%B
    • Gross Margin39.81%B
  • Growth ScoreC
    • Revenue YoY1.12%C
    • Net Profit YoY-19.49%D
    • Total Assets YoY7.06%B
    • Net Assets YoY4.51%C
  • Cash ScoreC
    • Cash Flow Margin71.96%C
    • OCF YoY1.12%C
  • Operating ScoreC
    • Turnover0.55C
  • Debt ScoreC
    • Gearing Ratio41.02%C

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    News

    Alibaba 4QFY26 First Take: As widely expected, this quarter’s results were weak. The key drag was heavy spending around Lunar New Year on the Qianwen app’s cash handouts and related promotions, which pushed group adj. EBITA down to RMB 5.1bn, even below profits during the peak food-delivery war in 3Q last year. That said, the print landed toward the low end of top brokers’ ranges, so the miss vs. expectations was not severe. Specifically: 1) Marketplace CMR rose 1.2% YoY, in line with the Street. This reflects an accounting change that reclassified merchant subsidies from marketing expense to a contra-revenue item. On a like-for-like basis, CMR growth would have been ~8%. Consistent with consensus, ecommerce growth has rebounded from the trough in 4Q last year. Adj. EBITA for the domestic ecommerce segment was RMB 24.0bn, near the lower bound of sell-side estimates. Implied losses in food delivery remain elevated; we estimate roughly RMB 17.0bn vs. ~RMB 25.0bn in the prior quarter. Similar to last quarter, losses were near the top end of the market range, suggesting Flash Purchase is narrowing losses but Alibaba has not materially dialed back investment or its focus on delivery share. 2) Cloud revenue rose 38% YoY, in line with Bloomberg consensus but below top brokers’ ~40% view, hence a slight miss. External revenue grew 40%, showing more compute was allocated to third-party monetization, but that did not change the overall undershoot. Segment margin was 9.1%, up 10bps QoQ. It did not deteriorate as some feared, a small positive. Management disclosed AI-related revenue of nearly RMB 9.0bn for the quarter, or ~RMB 36.0bn annualized, now over one-fifth of total cloud revenue and still growing triple digits. Overall, cloud performance this quarter was just middling. 3) The biggest swing factor was Other Biz., which still houses Qianwen and related units under current reporting. The Lunar New Year cash giveaways on the Qianwen app and free-delivery tie-ins with Flash Purchase alone cost over RMB 5.0bn by some foreign bank estimates, and combined with model R&D and other AI investments, drove segment losses to over RMB 21.1bn, above the already-raised sell-side expectation of RMB 20.0bn. New-biz losses increased by over RMB 11.0bn QoQ, while delivery narrowed by only ~RMB 8.0bn. Combined with seasonally weak profits in the Jan–Mar quarter, this pushed Alibaba’s overall profit to the lowest level in recent years.$Alibaba(BABA.US) $BABA-W(09988.HK)