Alibaba Group Holding Limited (BABAF)

Alibaba Group Holding Income Statement

Financials in millions CNY. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	950,248	941,168	868,687	853,062	717,289	509,711
Revenue Growth (YoY)	5.90%	8.34%	1.83%	18.93%	40.72%	35.26%
Cost of Revenue	590,082	586,323	548,562	538,705	419,517	279,713
Gross Profit	360,166	354,845	320,125	314,357	297,772	229,998
Selling, General & Admin	165,613	157,126	145,679	151,721	118,515	78,870
Research & Development	55,164	52,256	56,744	55,465	57,236	43,080
Operating Expenses	226,835	216,127	213,116	217,860	188,178	134,464
Operating Income	133,331	138,718	107,009	96,497	109,594	95,534
Interest Expense	-8,351	-7,947	-5,918	-4,909	-4,476	-5,180
Interest & Investment Income	-	-	-	-	72,794	72,956
Earnings From Equity Investments	-9,080	-7,735	-8,063	14,344	6,984	-5,733
Other Non Operating Income (Expenses)	5,050	6,157	5,823	10,523	7,582	7,439
EBT Excluding Unusual Items	120,950	129,193	98,851	116,455	192,478	165,016
Impairment of Goodwill	-8,490	-10,521	-2,714	-25,141	-	-576
Gain (Loss) on Sale of Investments	-5,544	-9,964	-11,071	-15,702	-	-
Asset Writedown	-14,847	-14,847	-3,944	-1,718	-1,688	-3,528
Legal Settlements	-3,145	-	-	-	-18,228	-
Pretax Income	88,924	93,861	81,122	73,894	172,562	160,912
Income Tax Expense	26,570	22,529	15,549	26,815	29,278	20,562
Earnings From Continuing Operations	62,354	71,332	65,573	47,079	143,284	140,350
Minority Interest in Earnings	7,803	8,677	7,210	15,170	7,294	9,083
Net Income	70,157	80,009	72,783	62,249	150,578	149,433
Preferred Dividends & Other Adjustments	479	268	274	290	270	170
Net Income to Common	69,678	79,741	72,509	61,959	150,308	149,263
Net Income Growth	-16.84%	9.93%	16.92%	-58.66%	0.77%	70.03%
Shares Outstanding (Basic)	2,486	2,523	2,623	2,695	2,702	2,627
Shares Outstanding (Diluted)	2,513	2,545	2,639	2,723	2,748	2,668
Shares Change (YoY)	-3.89%	-3.58%	-3.09%	-0.89%	2.98%	1.71%
EPS (Basic)	28.02	31.61	27.65	22.99	55.62	56.82
EPS (Diluted)	27.64	31.24	27.46	22.74	54.68	55.92
EPS Growth	-14.02%	13.79%	20.77%	-58.42%	-2.22%	67.56%
Free Cash Flow	126,742	150,506	165,422	89,450	190,336	148,057
Free Cash Flow Per Share	50.43	59.14	62.68	32.85	69.27	55.49
Dividend Per Share	7.221	7.221	6.869	-	-	-
Dividend Growth	5.11%	5.11%	-	-	-	-
Gross Margin	37.90%	37.70%	36.85%	36.85%	41.51%	45.12%
Operating Margin	14.03%	14.74%	12.32%	11.31%	15.28%	18.74%
Profit Margin	7.33%	8.47%	8.35%	7.26%	20.96%	29.28%
Free Cash Flow Margin	13.34%	15.99%	19.04%	10.49%	26.54%	29.05%
EBITDA	176,593	183,222	153,947	144,562	157,503	137,763
EBITDA Margin	18.58%	19.47%	17.72%	16.95%	21.96%	27.03%
D&A For EBITDA	43,262	44,504	46,938	48,065	47,909	42,229
EBIT	133,331	138,718	107,009	96,497	109,594	95,534
EBIT Margin	14.03%	14.74%	12.32%	11.31%	15.28%	18.74%
Effective Tax Rate	29.88%	24.00%	19.17%	36.29%	16.97%	12.78%
Advertising Expenses	-	88,217	76,818	91,103	57,073	30,949

Source: S&P Capital IQ. Standard template. Financial Sources.