In the earnings season, companies have gathered their third-quarter earnings report, and Alibaba will also release the second quarter of the 2019 fiscal year ending September 30, 2018 (2018 third) before the US stock market opens today (9:30 pm Beijing time). Quarterly) earnings report.
To know, Ali’s share price has hit a peak since January, and has now fallen by about a third. Ma Yun announced that the first financial report after the handover will be closely watched by investors. Now you can come to know in advance what are the main points of view of this financial report.
Revenue still maintains a high growth rate?
As a giant company, Ali has maintained more than 55% growth for six consecutive quarters, which is not easy. In the last quarter, Alibaba’s total revenue was 80.92 billion yuan, a year-on-year increase of 61%, of which E-Commerce business revenue was 69.188 billion yuan, accounting for 86% of total revenue.
Revenues continue to grow at a high rate, and the core source of revenue is E-Commerce business, which should not be an exception in the quarter.
Bloomberg has predicted through analysts that Ali’s second-quarter revenue in 2019 will reach RMB 86.58 billion (US$12.4 billion), up 57% from RMB 55.12 billion in the same period last year; the market for adjusted EBITDA is consistent It is expected to be RMB 27.43 billion, a year-on-year increase of 10%.
In addition, Oppenheimer analysts expect Ali’s second-quarter earnings per share to be $0.81, which is lower than the previous forecast of $1.03/ADR. In addition, KeyCorp’s second-quarter forecast is $0.89 per share. .
How is cloud computing growing?
The quarterly cloud computing business is also a part worth looking forward to. In the field of cloud computing in China, it is no exaggeration to say that Alibaba Cloud is the dominant market. It is just that the competition in the cloud market is becoming increasingly fierce. Alibaba Cloud has never really heard good news about profitability.
In the previous quarters, the revenue growth of Alibaba Cloud’s business has been tepid.
In recent quarters, Alibaba Cloud’s business revenue growth rate has almost fluctuated around 100%. In the last quarter, Alibaba Cloud’s revenue was 4.698 billion yuan, accounting for 6% of total revenue, up 93% year-on-year. On October 30, Zhang Yong’s letter to the shareholders also mentioned a group of data about Alibaba Cloud: In the fiscal year of 2018, Alibaba Cloud’s revenue increased by 101% year-on-year to reach 13.39 billion yuan.
The curve of its cloud business this quarter should not have much change, but whether it is stable or not, whether the profit is good or not, it depends on today’s financial report.
Alibaba Cloud business revenue trend
Is the big entertainment business still losing money?
In the last quarter, the performance of the Ali Entertainment Club was not very eye-catching. The revenue was 5.975 billion yuan, accounting for 7% of total revenue, and the operating loss was expanded to 4.29 billion yuan (operation loss for the same period in 2017 was 3.388 billion yuan). In the first quarter of 2018, its revenue was 5.272 billion yuan and its operating loss was 3.541 billion yuan.
Ali Entertainment also is in the stage of integration and adjustment. Its core business, Ali Film, which has been listed independently, is also estimated to have a maximum loss of 1.7 billion yuan in 15 months.
The current rhythm of the Ali entertainment sector is obviously “burning money”, and the loss situation in this quarter is also worthy of attention.
What is the fighting power of the local life service platform?
In the last quarter’s earnings report, Ali disclosed the establishment of a holding company, which will serve as its flagship company in local life service, holding two major businesses of hungry and word of mouth, and receiving investors from Alibaba, Softbank Group and other investors. More than $3 billion in investment commitments.
Hungry and word of mouth merge, set up a company and finance separately. Ali’s efforts in this field have already begun. The latest developments in this life service platform may be a glimpse of today’s earnings report.
The double eleven is getting closer and closer, and the E-Commerce stocks have all gone up. This morning, Alibaba rose 6.29% to $151.23.