Cash flow Alibaba Group Holding Limited

Equities

BABA

US01609W1027

Internet Services

Real-time Estimate Cboe BZX Other stock markets 02:37:09 2024-09-16 pm EDT			5-day change	1st Jan Change
83.44 ^USD	-1.48%		+2.47%	+7.66%

10:53am	Ant Group to Refinance Up to $6.5 Billion Offshore Debt Facility	MT
Sep. 12	China's Ant Group refinancing $6.5 billion credit line	RE

4a2252d67e72eb5361.sTIEZwsG8n9M2mvslKOkDtPUm7cNVV8Fl4ISpBkG8FY.2WM9JEZjnTsGvQCn3-_tYZiw8NFqEjd23dInnS9XngfBH2gvPHOmGhyoBA

Published financial data: ALIBABA GROUP HOLDING LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2020	2021	2022	2023	2024
Revenues	510B	717B	853B	869B	941B
Total Revenues	510B	717B	853B	869B	941B
Cost of Goods Sold, Total	280B	420B	539B	549B	586B
Gross Profit	230B	298B	314B	320B	355B
Selling General & Admin Expenses, Total	78.87B	119B	152B	146B	157B
R&D Expenses	43.08B	57.24B	55.46B	56.74B	52.26B
Amortization of Goodwill and Intangible Assets - (IS)	12.51B	12.43B	10.67B	11.58B	6.74B
Other Operating Expenses, Total	134B	188B	218B	214B	216B
Operating Income	95.53B	110B	96.5B	106B	139B
Interest Expense, Total	-5.18B	-4.48B	-4.91B	-5.92B	-7.95B
Interest And Investment Income	72.96B	72.79B	-	-	-
Net Interest Expenses	67.78B	68.32B	-4.91B	-5.92B	-7.95B
Income (Loss) On Equity Invest.	-5.73B	6.98B	14.34B	-8.06B	-7.74B
Currency Exchange Gains (Loss)	-514M	-	-	-	-
Other Non Operating Income (Expenses)	7.95B	7.58B	10.52B	5.82B	6.16B
EBT, Excl. Unusual Items	165B	192B	116B	97.96B	129B
Impairment of Goodwill	-576M	-	-25.14B	-2.71B	-10.52B
Gain (Loss) On Sale Of Investments	-	-	-15.7B	-11.07B	-9.96B
Asset Writedown	-3.53B	-1.69B	-1.72B	-3.06B	-14.85B
Legal Settlements	-	-18.23B	-	-	-
EBT, Incl. Unusual Items	161B	173B	73.89B	81.12B	93.86B
Income Tax Expense	20.56B	29.28B	26.82B	15.55B	22.53B
Earnings From Continuing Operations	140B	143B	47.08B	65.57B	71.33B
Net Income to Company	140B	143B	47.08B	65.57B	71.33B
Minority Interest	9.08B	7.29B	15.17B	7.21B	8.68B
Net Income - (IS)	149B	151B	62.25B	72.78B	80.01B
Preferred Dividend and Other Adjustments	170M	270M	290M	274M	268M
Net Income to Common Incl Extra Items	149B	150B	61.96B	72.51B	79.74B
Net Income to Common Excl. Extra Items	149B	150B	61.96B	72.51B	79.74B
Per Share Items
Net EPS - Basic	56.82	55.62	22.99	27.65	31.61
Basic EPS - Continuing Operations	56.82	55.62	22.99	27.65	31.61
Basic Weighted Average Shares Outstanding	2.63B	2.7B	2.69B	2.62B	2.52B
Net EPS - Diluted	55.92	54.68	22.74	27.46	31.24
Diluted EPS - Continuing Operations	55.92	54.68	22.74	27.46	31.24
Diluted Weighted Average Shares Outstanding	2.67B	2.75B	2.72B	2.64B	2.54B
Normalized Basic EPS	42.72	47.22	32.64	26.1	35.45
Normalized Diluted EPS	42.06	46.44	32.3	25.93	35.14
Dividend Per Share	-	-	-	6.87	7.22
Payout Ratio	-	-	-	-	22.43
American Depositary Receipts Ratio (ADR)	8	8	8	8	8
Supplemental Items
EBITDA	138B	157B	142B	153B	183B
EBITA	117B	131B	117B	125B	157B
EBIT	95.53B	110B	96.5B	106B	139B
EBITDAR	143B	164B	153B	164B	195B
Effective Tax Rate - (Ratio)	12.78	16.97	36.29	19.17	24
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	24B	26.04B	28.18B	17.27B	27.79B
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	-3.44B	3.24B	-1.37B	-1.72B	-5.26B
Normalized Net Income	112B	128B	87.95B	68.44B	89.42B
Supplemental Operating Expense Items
Advertising Expense	30.95B	57.07B	91.1B	76.82B	88.22B
Selling and Marketing Expenses	50.67B	81.52B	120B	103B	115B
General and Administrative Expenses	28.2B	37B	31.92B	42.18B	41.98B
Research And Development Expense From Footnotes	43.08B	57.24B	55.46B	56.74B	52.26B
Net Rental Expense, Total	5.68B	6.86B	10.98B	10.8B	11.41B
Imputed Operating Lease Interest Expense	1.67B	1.49B	2.41B	2.75B	3.62B
Imputed Operating Lease Depreciation	4.01B	5.36B	8.57B	8.05B	7.79B
Stock-Based Comp., COGS (Total)	7.32B	11.22B	5.72B	5.71B	3.01B
Stock-Based Comp., R&D Exp. (Total)	13.65B	21.47B	11.04B	13.51B	7.62B
Stock-Based Comp., S&M Exp. (Total)	3.83B	5.32B	3.05B	3.71B	2.26B
Stock-Based Comp., G&A Exp. (Total)	6.94B	12.1B	4.16B	7.9B	5.65B
Total Stock-Based Compensation	31.74B	50.12B	23.97B	30.83B	18.55B

Fiscal Period: March	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	331B	321B	190B	193B	248B
Short Term Investments	32.71B	162B	265B	331B	323B
Total Cash And Short Term Investments	363B	483B	455B	524B	571B
Accounts Receivable, Total	30.82B	37.45B	45B	41.18B	38.94B
Other Receivables	12.81B	19.47B	26.23B	22.97B	29.96B
Notes Receivable	-	-	-	-	-
Total Receivables	43.62B	56.92B	71.23B	64.14B	68.9B
Inventory	14.86B	27.86B	30.09B	28.55B	25.46B
Prepaid Expenses	7.55B	18.53B	17.9B	16.79B	17.78B
Deferred Tax Assets Current	-	-	-	-	-
Restricted Cash	-	-	-	-	-
Other Current Assets, Total	33.68B	56.6B	64.23B	64.01B	69.69B
Total Current Assets	463B	643B	639B	698B	753B
Gross Property Plant And Equipment	190B	293B	344B	368B	393B
Accumulated Depreciation	-51.99B	-73.58B	-93.76B	-115B	-130B
Net Property Plant And Equipment	138B	219B	250B	253B	262B
Long-term Investments	351B	437B	443B	453B	424B
Goodwill	277B	293B	270B	268B	260B
Other Intangibles, Total	60.95B	70.83B	59.23B	46.91B	26.95B
Loans Receivable Long-Term	-	-	-	-	-
Deferred Tax Assets Long-Term	7.59B	11.04B	14.48B	15.49B	11.36B
Deferred Charges Long-Term	275M	-	-	-	-
Other Long-Term Assets, Total	15.46B	15.35B	20.62B	18B	27.81B
Total Assets	1,313B	1,690B	1,696B	1,753B	1,765B
Liabilities
Accounts Payable, Total	67.17B	94.37B	107B	103B	128B
Accrued Expenses, Total	25.38B	32.79B	37.1B	36B	37.56B
Short-term Borrowings	5.15B	3.61B	8.84B	7.47B	12.75B
Current Portion of Long-Term Debt	-	9.83B	-	4.8B	16.25B
Current Portion of Leases	2.77B	4.07B	4.99B	5.67B	5.87B
Current Income Taxes Payable	20.19B	25.28B	21.75B	12.54B	9.07B
Unearned Revenue Current, Total	21.17B	27.35B	28.6B	31.79B	33.07B
Other Current Liabilities	100B	180B	175B	184B	179B
Total Current Liabilities	242B	377B	384B	385B	422B
Long-Term Debt	120B	136B	133B	149B	142B
Long-Term Leases	19.09B	28.22B	30.26B	28.55B	28.97B
Unearned Revenue Non Current	2.02B	3.16B	3.49B	3.56B	4.07B
Deferred Tax Liability Non Current	43.9B	59.6B	61.71B	61.74B	53.01B
Other Non Current Liabilities	15.28B	2.54B	1.62B	1.83B	2.9B
Total Liabilities	442B	607B	613B	630B	652B
Common Stock, Total	1M	1M	1M	1M	1M
Additional Paid In Capital	344B	394B	411B	417B	398B
Retained Earnings	412B	562B	573B	612B	613B
Treasury Stock	-	-	-2.22B	-28.76B	-27.68B
Comprehensive Income and Other	-694M	-19.11B	-33.2B	-10.47B	3.6B
Total Common Equity	755B	937B	948B	990B	987B
Minority Interest	115B	146B	134B	133B	126B
Total Equity	871B	1,084B	1,082B	1,123B	1,113B
Total Liabilities And Equity	1,313B	1,690B	1,696B	1,753B	1,765B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	2.7B	2.72B	2.65B	2.55B	2.42B
ECS Total Common Shares Outstanding	2.69B	2.71B	2.67B	2.57B	2.43B
Book Value / Share	281.18	345.63	355.28	385.72	405.38
Tangible Book Value	418B	574B	620B	675B	700B
Tangible Book Value Per Share	155.47	211.57	232.11	262.95	287.6
Total Debt	147B	181B	177B	196B	206B
Net Debt	-216B	-302B	-278B	-329B	-365B
Debt Equivalent Oper. Leases	45.43B	54.87B	87.86B	86.42B	91.26B
Minority Interest, Total (Incl. Fin. Div)	115B	146B	134B	133B	126B
Equity Method Investments, Total	190B	200B	220B	207B	203B
Account Code - Inventory Valuation	6	6	6	6	6
Buildings, Total	70.44B	99.09B	107B	123B	135B
Machinery, Total	74.11B	102B	115B	122B	138B
Full Time Employees	118K	251K	255K	235K	205K
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	-	-	8.04B

Fiscal Period: March	2020	2021	2022	2023	2024
Net Income	149B	151B	62.25B	72.78B	80.01B
Depreciation & Amortization - CF	20.52B	26.39B	27.81B	27.8B	26.64B
Amortization of Goodwill and Intangible Assets - (CF)	21.9B	21.52B	20.26B	19.14B	17.86B
Depreciation & Amortization, Total	42.43B	47.91B	48.06B	46.94B	44.5B
Amortization of Deferred Charges, Total - (CF)	-	-	-	-	-
(Gain) Loss From Sale Of Asset	-10.07B	-308M	-1.03B	-177M	-1.66B
(Gain) Loss on Sale of Investments - (CF)	16.16B	-59.85B	29.44B	28.31B	35.73B
Asset Writedown & Restructuring Costs	5.86B	1.94B	27.36B	5.14B	21.9B
Provision for Credit Losses	-	-	-	-	-
(Income) Loss On Equity Investments - (CF)	5.73B	-6.98B	-14.34B	8.06B	7.74B
Stock-Based Compensation (CF)	31.74B	50.12B	23.97B	30.83B	18.55B
Tax Benefit from Stock Options	-	-	-	-	-
Provision and Write-off of Bad Debts	1.99B	1.94B	1.74B	2.8B	3.51B
Other Operating Activities, Total	-84.09B	-4.06B	-16.54B	-8.42B	-13.94B
Change in Unearned Revenues	7.91B	14.16B	4.82B	4.38B	2.07B
Change In Income Taxes	2.54B	4.03B	-3.53B	-9.21B	-4.76B
Change in Other Net Operating Assets	10.97B	32.32B	-19.44B	18.31B	-11.06B
Cash from Operations	181B	232B	143B	200B	183B
Capital Expenditure	-32.55B	-41.45B	-53.31B	-34.33B	-32.09B
Sale of Property, Plant, and Equipment	-	-	-	644M	373M
Cash Acquisitions	-14.54B	-19.14B	-4.09B	-1.2B	-2.2B
Divestitures	-107M	-126M	-11M	-5M	699M
Sale (Purchase) of Intangible assets	-188M	-1.37B	-15M	-22M	-842M
Investment in Marketable and Equity Securities, Total	-60.46B	-181B	-140B	-102B	11.5B
Other Investing Activities, Total	-228M	-932M	-904M	922M	737M
Cash from Investing	-108B	-244B	-199B	-136B	-21.82B
Short Term Debt Issued, Total	-	-	-	-	-
Long-Term Debt Issued, Total	15.79B	38.41B	9.43B	22.79B	20.57B
Total Debt Issued	15.79B	38.41B	9.43B	22.79B	20.57B
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-31.74B	-7.06B	-16.71B	-11.45B	-18.1B
Total Debt Repaid	-31.74B	-7.06B	-16.71B	-11.45B	-18.1B
Issuance of Common Stock	91.51B	175M	109M	11M	843M
Repurchase of Common Stock	-	-773M	-61.22B	-74.75B	-88.74B
Common Dividends Paid	-	-	-	-	-17.95B
Preferred Dividends Paid	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-	-	-	-	-17.95B
Other Financing Activities, Total	-4.7B	-669M	3.95B	-2.23B	-4.86B
Cash from Financing	70.85B	30.08B	-64.45B	-65.62B	-108B
Foreign Exchange Rate Adjustments	4.1B	-7.19B	-8.83B	3.53B	4.39B
Net Change in Cash	147B	10.49B	-129B	2.16B	56.91B
Supplemental Items
Cash Interest Paid	5.07B	4.1B	4.89B	5.64B	7.83B
Cash Income Tax Paid (Refund)	21.47B	20.9B	31.73B	26.48B	32.49B
Levered Free Cash Flow	114B	187B	62.52B	113B	123B
Unlevered Free Cash Flow	117B	189B	65.58B	117B	128B
Change In Net Working Capital	-16.15B	-65.69B	13.44B	-7.42B	-10.88B
Net Debt Issued / Repaid	-15.95B	31.35B	-7.29B	11.34B	2.46B

Fiscal Period: March	2020	2021	2022	2023	2024
Profitability
Return on Assets	5.24	4.56	3.56	3.85	4.93
Return on Total Capital	6.78	5.98	4.78	5.15	6.58
Return On Equity %	18.98	14.6	4.35	5.95	6.38
Return on Common Equity	23.93	17.76	6.57	7.48	8.07
Margin Analysis
Gross Profit Margin %	45.12	41.51	36.85	36.85	37.7
SG&A Margin	15.47	16.52	17.79	16.77	16.69
EBITDA Margin %	27.03