Author | Ghost God
Beijing time on August 3, Alibaba (NYSE: BABA) released The 20022 Fikaixian Q1 Financial Performance Report was completed as of June 30, 2021.
From this to the 20f document submitted by Alibaba, 2021 fiscal year, the fined fines are dragged, and the fierce cost of sharp growth has led to poor net profit growth, and since the anti-monopoly administrative punishment, As of now, Alibaba’s share price is in a downward trend, can Alibaba turn over in the future? What information is released this financial report?
Alibaba Financial Performance Basic Analysis
First, the revenue growth is slow, and the income is not as good as the market expectation during the reporting period.
Financial report data shows that Alibaba 2022 fiscal Q1 achieved revenue of 205.748 billion yuan, an increase of 34% year-on-year, continued to grow steadily. But it is lower than the market expectation of 209.451 billion yuan.
(Source: Alibaba Money)
According to the report, China’s retail commercial revenue of Alibaba is 135.88 billion yuan, an increase of 34% year-on-year. E-commerce business has always been the most important income Alibaba. In order to meet the diverse demand of Chinese consumers, Alibaba experiences multiple parties from the products and users. From the information disclosed by the financial report, the \”multi-end strategy\” of Alibaba’s business business seems to be achieved.
There are two points to have additional reminders: 1. In this quarter, there is a year in the middle of the e-commerce promotion; 2. The \”Network Transaction Supervision Management Measures\” issued by the State Market Supervision Administration will be officially released, Among them, the \”two choices\” and other behaviors have made a clear norm, that is, during the 618 period this year, under the big trend of anti-monopoly, the e-commerce platform is more spelling the service experience and user retention.
From the information disclosed by the financial report, Taobao Tmall’s users have a good performance. During Tmall 618, about 250,000 businesses and brands were involved in 618, more than doubled from last year.
Sinking market new user acquisition, Ali launched Taobao special edition, data showing, as of 12 months, June 30, Tao’s annual live consumers (AAC) exceeded 190 million.
Attracting young users, idle fish play a small role. The data shows that the mobile months of idle fish exceeds 100 million. As of June this year, the mobile months of China’s retail market in Alibaba reached 939 million yuan, and the net increased14 million.
Financial report showed that this quarter rookie network revenue is 11.6 billion yuan, and the rookie network has achieved 50% of income growth, and the rookie wrapped order increased by 63% year-on-year. From the experience of their own experience, the logistics distribution experience of the rookie network is constantly improving, and the delivery speed is also improved. Previously, the author puts a single beef business Tmall flagship store (merchants from Inner Mongolia), all achieved the next day, which is unexpected.
At the same time, there have been consumer complaints that rookie logistics distribution cannot be on the door. The order requires users to go to the neighboring site. Now the user can choose the express delivery to the door, the delivery time is shortened, and the home delivery will help to enhance the user experience. This or a factor in the increase in rookie wrap orders.
Second, Alibaba is the first loss of a threatened impact, and the earnings are restored in this quarter.
Financial report, 2022, Q1, the net profit attributable to ordinary shareholders is 45.5141 billion yuan, a decrease of 5% year-on-year, and the diluted earnings are 2.05 yuan.
The operating profit was 30.847 billion yuan, a year-on-year decrease of 11%. The adjusted EBITDA fell by 5% year-on-year to 48.628 billion yuan; adjusted EBITA fell 8% year-on-year to 41.731 billion yuan.
Reduced business costs with Alibaba, support platform merchants and investment. In order to grasp the growth opportunities, the Group’s investment in community commercial platforms, Taoti, local life services and Lazada, and the Group’s reasons for investment in China’s retail market growth business in China.
Alibaba Group Chief Financial Officer Wu Wei said: \”We have begun to use incremental profits and extra capital to invest in the field of investment, support platform merchants to better serve diversified consumers, and enter new The potential market. \”
Alibaba is facing growth in growth, but also should deal with a lot of competition, Jingdong and other competitive pressures, short-term, increase the\” multi-end strategy \”of investment in revenue growth Significant results have not yet been obtained.
Can Ali Cloud shoulder the heavy responsibility of Alibaba’s second growth point?
Written in the \”Letter of the Chairman and CEO of the Board\”, \”as the second growth curve of Alibaba, Ali Cloud has exceeded the RMB 60 billion last year, year-on-year increase 50 %, Continuing to stay in the market. \”
It can be seen that Alibaba Cloud shoulder the heavy responsibility of Alibaba’s future growth, then Ali Cloud shoulders this heavy responsibility?
First, we will first increase from Ali Cloud’s own business, the financial report shows that Alibaba Cloud has achieved an income of 16.051 billion yuan, an increase of 29% over the same period last year. Profit in three consecutive quarters.
(Data Source: Alibaba Money News)
As can be seen from the figure, Alibaba Cloud quarterly revenue has maintained steadily growth in the year-on-year growth, but the trend of decline.
Financial report indicates that the Internet, financial and retail industries have strong income growth, driving Ali Cloud’s quarterly revenue growth. However, a head customer from the Internet industry stops using Alibaba Cloud Overseas Cloud service based on non-product-related requirements, which affects revenue growth in the last two quarters. In the future, Ali Cloud’s income will continue to be more diversified in the customer and industry. However, Alibaba executives said at the financial exchange meeting, future cloud services may face certain bumps, such as customers from online education may be affected.
In June last year, Ali Cloud put forward the \”cloud nail\” strategy to provide an interface to the company through the staples, and launched the staple low code platform in early this year. The company develops applications through the convenience of \”Torra\”.
Data show that the total number of staple applications has exceeded millions of nail applications, which is nearly doubled in three months, and low code applications increase nearly 380,000 in three months.
In China, there is a cloud market, Ali Cloud ranks first. According to IDC’s latest in the first quarter of 20021, China’s public cloud market data shows that the Iaas + PaaS market has reached 4632 billion US dollars (RMB 30.1 billion), in which Alibaba Cloud ranked first, the market share was 40%. Tencent Cloud, Huawei Yun also ranked second, three, and the market share was 11%.
From the international market, Alibaba Cloud’s market share is ranked third after Amazon’s AWS and Microsoft Azure. What is Ali Cloud’s performance compared to Amazon’s AWS and Microsoft Azure?
According to Microsoft’s latest financial report, 2021 fiscal Q4, Microsoft’s smart cloud department’s revenue is $ 17.375 billion, an increase of 30% year-on-year.
(Data Source: Microsoft Feed)
Amazon 2021 Q2 financial data show that AWS (Amazon Web Services, Amazon’s public cloud service) business continues to grow in the second quarter The net sales of AWS increased by 37% year-on-year to 14.81 billion US dollars. Amazon AWS Cloud Services main service agencies include telecommunications companies, financial institutions, and automakers, and customer resources are powerful and can contribute stable revenue.
Google Financial Report shows that 2021, Q2, Q2 Google Cloud, a year of $ 4.628 billion, a year-on-year increase of 54%.
Comprehensive, whether it is ahead of Alibaba Cloud AWS and Microsoft Azure, or behind Ali Cloud’s Google Cloud And the revenue has maintained a good stable growthTherefore, it can be considered in the cloud market, Ali Cloud has growth space.
Under the final summaryLook, we are still better than Alibaba.
Alibaba is also confident in itself. The financial report announced that a \”share repurchase plan\” has expanded from 10 billion US dollars to $ 15 billion, valid until the end of 2022.This is also the largest repurchase plan for Alibaba Group.