Alibaba Group Holding Ltd.
In the news
- Analysis: Xi sees Alibaba and Tencent as rising threats to power Dec 17, 2020
- How China reversed the new Great Game of strategic competition Aug 18, 2020
- Most Asian stocks climb as global rally strengthens Aug 13, 2020
- Tencent tries to ease investor fears over US ban as earnings grow Aug 13, 2020
- SoftBank posts $11.8bn net profit in first quarter Aug 11, 2020 See more articles on Alibaba Group Holding Ltd.
Company Background
Alibaba Group, set up in 1999, is China's largest electronic commerce company. Its head office is in Hangzhou, Zhejiang Province. Having grown into an enterprise handling a wide variety of businesses ranging from cloud services and finance to media, besides e-commerce, the company listed on the New York Stock Exchange last year.
Founder Jack Ma, who first used the Internet in the U.S. in the mid-1990s, created in 1999 a website to support e-commerce. His company had initially focused on business-to-business transactions, before opening the Taobao online shopping site for individual users in 2003.
Thanks to the rapid spread of the Internet and expanding consumer spending in China, the users of Taobao soared at a fast pace. Today, Taobao.com for consumer-to-consumer deals and Tmall for business-to-consumer are two pillars of Alibaba's operations. The number of annual active buyers on Alibaba sites has reached 350 million.
Increasingly, more online shoppers are shifting to smartphones. Alibaba is been pushing ahead with efforts to attract smartphone users primarily by improving the convenience of the AliPay online payment system. As a result, the mobile monthly active users of its sites have reached close to 300 million in number. The company intends to enhance its financial business with Alipay at the center as well as to step up its cloud, information technology and big data businesses.
The company raised around $20 billion through its initial public offering in New York in 2014. It is acquiring other companies with the money raised. In August this year, Alibaba bought the majority of new shares issued by China's second biggest retailer, Suning Commerce Group, for 28.3 billion yuan, becoming the second largest shareholder in Suning. In China, Tencent and other local rivals are reinforcing strategies to erode Alibaba's dominance in e-commerce.
After failing to pass university entrance exams twice, Jack Ma once gave up going higher education and worked as a driver. A self-made man, he enjoys strong popularity among Chinese.
Business Summary
Financial Highlights
| Mar 2021 | USD | |
| Revenue | 105,795.79M | 105,795.79M |
| Gross Profit | 42,086.66M | 42,086.66M |
| Operating income | 13,475.93M | 13,475.93M |
| Income before tax | 24,421.75M | 24,421.75M |
| Net income | 22,169.52M | 22,169.52M |
| EBITDA | 20,418.47M | 20,418.47M |
| Diluted EPS | 8.06 | 8.06 |
| Dividends Per Share | -- | -- |
| Total Assets | 257,858.88M | 257,858.88M |
| Total liabilities | 92,537.60M | 92,537.60M |
| Total equity | 143,023.18M | 143,023.18M |
| Operating cash flow | 34,187.03M | 34,187.03M |
| Currency in USD | Currency in USD |
Historical Data
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | |
| Revenue | 23,521.83M | 37,762.20M | 56,149.34M | 73,162.45M | 105,795.79M |
| Gross Profit | 14,047.89M | 20,657.05M | 24,142.44M | 31,217.02M | 42,086.66M |
| Operating income | 7,269.08M | 10,654.07M | 8,929.05M | 13,712.67M | 13,475.93M |
| Income before tax | 8,921.24M | 15,149.63M | 14,336.82M | 23,919.74M | 24,421.75M |
| Net income | 6,490.78M | 9,654.58M | 13,052.30M | 21,424.78M | 22,169.52M |
| EBITDA | 9,377.19M | 13,956.26M | 14,432.48M | 19,774.10M | 20,418.47M |
| Diluted EPS | 2.52 | 3.69 | 4.97 | 8.02 | 8.06 |
| Dividends Per Share | 0 | 0 | 0 | 0 | -- |
| Total Assets | 73,547.54M | 114,005.27M | 143,615.51M | 185,114.54M | 257,858.88M |
| Total liabilities | 26,508.45M | 44,135.13M | 52,033.27M | 61,092.32M | 92,537.60M |
| Total equity | 40,897.00M | 58,169.49M | 73,257.64M | 106,505.19M | 143,023.18M |
| Operating cash flow | 11,937.69M | 18,886.83M | 22,495.10M | 25,923.80M | 34,187.03M |
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | |
| Revenue | 23,521.83M | 37,762.20M | 56,149.34M | 73,162.45M | 105,795.79M |
| Gross Profit | 14,047.89M | 20,657.05M | 24,142.44M | 31,217.02M | 42,086.66M |
| Operating income | 7,269.08M | 10,654.07M | 8,929.05M | 13,712.67M | 13,475.93M |
| Income before tax | 8,921.24M | 15,149.63M | 14,336.82M | 23,919.74M | 24,421.75M |
| Net income | 6,490.78M | 9,654.58M | 13,052.30M | 21,424.78M | 22,169.52M |
| EBITDA | 9,377.19M | 13,956.26M | 14,432.48M | 19,774.10M | 20,418.47M |
| Diluted EPS | 2.52 | 3.69 | 4.97 | 8.02 | 8.06 |
| Dividends Per Share | 0 | 0 | 0 | 0 | -- |
| Total Assets | 73,547.54M | 114,005.27M | 143,615.51M | 185,114.54M | 257,858.88M |
| Total liabilities | 26,508.45M | 44,135.13M | 52,033.27M | 61,092.32M | 92,537.60M |
| Total equity | 40,897.00M | 58,169.49M | 73,257.64M | 106,505.19M | 143,023.18M |
| Operating cash flow | 11,937.69M | 18,886.83M | 22,495.10M | 25,923.80M | 34,187.03M |
Valuation Measures
| Mar 2021 | |
| PER | 27.63 |
| ROA | 10.00% |
| ROE | 17.76% |
| Operating margin | 12.73% |
| Profit margin | 20.95% |
Key executives
- Executive Chairman & Chief Executive Officer: Yong Zhang
- President & Director: John Michael Evans
- CFO, Director & Head-Strategic Investments: Wei Wu
- Chief Technology Officer: Li Cheng
- VP, Head-Global Intellectual Property Enforcement: Matthew Bassiur
Shareholders
- BlackRock Fund Advisors (2.0%)
- T. Rowe Price Associates, Inc. (Investment Management) (1.8%)
- SSgA Funds Management, Inc. (1.2%)
- Baillie Gifford & Co. (0.9%)
- Wellington Management Co. LLP (0.7%)
- Fidelity Management & Research Co. LLC (0.7%)
- UBS Securities LLC (0.5%)
- PRIMECAP Management Co. (0.5%)
- Invesco Advisers, Inc. (0.5%)
- Fisher Asset Management LLC (0.5%)
Contact Details
- Website:http://www.alibabagroup.com
- Address: 699 Wang Shang Road, Binjiang District, Hangzhou, 310052, China
- Phone: +86.571.8502.2088
Related Companies
- Alibaba (Shanghai) Internet of Things Technology Co., Ltd.
- Beijing Auchan Supermarket Co., Ltd.
- Alibaba Group (Pakistan)
- Hangzhou Meitou Information Technology Co., Ltd.
- Hanbao (Shanghai) Information Technology Co., Ltd.
- Alisoft China Holding Ltd.
- Alisoft Investment Holding Ltd.
- Alibaba ZT Investment Ltd.
- Hangzhou Alimama Software Services Co., Ltd.
- Alimama China Holding Ltd.
- Alimama Investment Holding Ltd.
- Alibaba Singapore Holding Pvt Ltd.
- Alibaba.com International (BVI) Holding Ltd.
- Alibaba.com International (Cayman) Holding Ltd.
- Hema Investment Holding Ltd.
- Hangzhou Ali Venture Capital Co., Ltd.
- Ali UC Investment Holding Ltd.
- Ali CN Investment Holding Ltd.
- Alibaba Group Properties Ltd.
- HQG, Inc.
- Alibaba Cloud Computing (Zhangbei) Co., Ltd.
- Zhejiang Tmall Network Technology Co., Ltd.
- Hangzhou Zhenqiang Investment Management Ltd.
- Tianjin Tmall E-Commerce Co., Ltd.
- Alibaba (Beijing) Software Services Co., Ltd.
- MoreCommerce
- Alibaba Local Services Co.
- Antfin Singapore Holding Pte Ltd.
- PCIP I Limited
- Alibaba Cloud (India) LLP
Competitors
- Tencent Holdings Ltd.
- Amazon.com, Inc.
- Yandex NV Class A
- Alphabet Inc. Class A
- UCloud Technology Co., Ltd. Class A
- Aurora Mobile Ltd. Sponsored ADR Class A
- Jumia Technologies AG Sponsored ADR
- D-MARKET Elektronik Hizmetler ve Ticaret AS Sponsored ADR
- Interpark Corporation
- Baidu, Inc. Class A
- Seven & I Holdings Co., Ltd.
- Etsy, Inc.
- VeriSign, Inc.
- BEC World Public Co., Ltd.
- iQIYI, Inc. Sponsored ADR Class A
- Ronglian Group Ltd. Class A
- Sunwave Communications Co., Ltd. Class A
- Sogou, Inc. Sponsored ADR
- Accor SA
- Hamashbir 365 Ltd
- Booking Holdings Inc.
- Hong Kong Technology Venture Company Limited
- Glory Star New Media Group Holdings Ltd.
- TripAdvisor, Inc.
- Allegro.eu Societe anonyme
- JD.com, Inc. Class A
- Liberty TripAdvisor Holdings Inc Class A
- 21Vianet Group, Inc. Sponsored ADR Class A
- ChinaCache International Holdings Ltd. Sponsored ADR
- Freelancer Ltd.
Copyright © 2021 FactSet Research Systems Inc. All rights reserved.
Last Updated on 4 Aug, 2021
Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.