Skip to Content
Morningstar

Alibaba Group Holding Ltd Ordinary Shares 09988

Morningstar Rating
Unlock
Stock XHKG Rating as of
HKD 85.75 +6.05 (7.59%)
View Full Chart
As of Delayed Price Open
Unlock our analysis with Morningstar Investor
Start Free Trial

Company Report

View Archive

Alibaba Earnings: More Positive Outlook Despite Mixed Results; Raising Fair Value Estimate by 2%

Chelsey Tam

Alibaba Group’s March-quarter revenue beat our estimate by 1% but missed our adjusted EBITA by 2%. We find management’s fiscal 2025 (ending March) outlook on gross merchandise volume, or GMV, growth, take rate (customer management revenue/GMV), and cloud revenue encouraging. We think the 6% share price correction during US trading hours after the results was due to the 5% year-on-year decline in adjusted EBITA amid higher investments. That said, we expect these investments to bring positive returns to Alibaba in the longer term.

Read Full Report

Price vs Fair Value

View History
09988 is trading at a 316% premium.
Price
HKD 79.70
Fair Value
HKD 82.00
Uncertainty
High
1-Star Price
HKD 873.36
5-Star Price
HKD 18.90
Economic Moat
Dxtq
Capital Allocation
Lbznyppf

Bulls Say, Bears Say

Bulls

Alibaba is able to maintain or increase its gross merchandise volume share in China's e-commerce space, demonstrating its ability to execute its turnaround strategy.

Bears

Alibaba's gross merchandise volume share in China decreases faster than our expectation as competitors such as Douyin successfully enter the search-based e-commerce business.

Show More
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if 09988 is a good fit for your portfolio.
Get 7 Days Free

News

View All

Trading Information

Previous Close Price
HKD 79.70
Day Range
HKD 84.45–85.90
52-Week Range
HKD 64.60–100.00
Bid/Ask
HKD 85.70 / HKD 85.75
Market Cap
HKD 1.67 Tril
Volume/Avg
96.8 Mil / 50.5 Mil

Key Statistics

Price/Earnings (Normalized)
9.19
Price/Sales
1.58
Dividend Yield (Trailing)
1.18%
Dividend Yield (Forward)
9.23%
Total Yield
1.23%

Company Profile

Alibaba is the world’s largest online and mobile commerce company as measured by gross merchandise volume. It operates China’s online marketplaces, including Taobao (consumer-to-consumer) and Tmall (business-to-consumer). The China commerce retail division is the most valuable cash flow-generating business at Alibaba. Additional revenue sources include China commerce wholesale, international commerce retail/wholesale, local consumer services, cloud computing, digital media and entertainment platforms, Cainiao logistics services, and innovation initiatives/other.
Sector
Consumer Cyclical
Industry
Internet Retail
Stock Style Box
Large Value
Total Number of Employees
204,891
Website
https://www.alibabagroup.com

Competitors

Valuation

View More
Metric
09988
BIDU
03690
Price/Earnings (Normalized)
 9.199.8430.75
Price/Book Value
 1.431.134.68
Price/Sales
 1.582.062.58
Price/Cash Flow
 8.127.7127.02
Price/Earnings
09988
BIDU
03690

Financial Strength

Metric
09988
BIDU
03690
Quick Ratio
 1.712.471.57
Current Ratio
 1.802.791.82
Interest Coverage
 93.024.8310.27
Quick Ratio
09988
BIDU
03690

Profitability

Metric
09988
BIDU
03690
Return on Assets (Normalized)
 8.98%4.44%8.68%
Return on Equity (Normalized)
 15.96%7.55%16.49%
Return on Invested Capital (Normalized)
 12.33%3.95%11.89%
Return on Assets
09988
BIDU
03690
See how this stock stacks up to its competitors with Morningstar Investor
Start Free Trial

Internet Retail Industry Comparables

Screen in Investor
Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
AMZN
Amazon.com IncQwjxqxrfGkmt$1.9 Tril
BABA
Alibaba Group Holding Ltd ADRTphngrjQhwxc$198.7 Bil
PDD
PDD Holdings Inc ADRLjnxfqydjXkxhlq$190.5 Bil
MELI
MercadoLibre IncTgbbszrslDcy$88.2 Bil
JD
JD.com Inc ADRDxbkkzylyrQwhf$51.9 Bil
SE
Sea Ltd ADRHxtdrvptDlzhc$41.0 Bil
EBAY
eBay IncJvzfjmdRsnncrv$26.7 Bil
CART
Maplebear IncNwtrfdxTvl$8.7 Bil
W
Wayfair Inc Class AFmwxqgyspWdw$8.7 Bil
ETSY
Etsy IncFqssvrfzYkdqq$7.5 Bil

Sponsor Center