十载投资,路在何方,扎根本土,放眼世界

Nuffnang

Saturday, May 9, 2015

BABA 4Q2015

Alibaba Group Holding Ltd. (BABA) has reported0.48 EPS and 2,811 revenue for FQ4 2015.
REPORTED THURSDAY, MAY 7 BMO
EPSRevenue
Wall Street Consensus0.422,694
Estimize Consensus 
60 estimates
0.452,792
› BABA Reported Earnings0.482,811



Highlight:

Alibaba +11.3% after FQ4 beat, CEO change; Yahoo +7.9%
  • Alibaba (NYSE:BABA) has jumped to $89.05 after posting an FQ4 beat amid low expectations. Along with the results, the company has announced COO Daniel Zhang is its new CEO, effective May 10; current CEO Jonathan Lu will stay on board as vice chairman, joining Joseph Tsai in holding that title. Jack Ma remains executive chairman.
  • Revenue growth accelerated to 45% Y/Y from FQ3's 40%. Chinese marketplaces GMV rose 40% to RMB600B ($96.6B), a slowdown from FQ3's 49%. Mobile accounted for 51% of GMV, up from 42% in FQ3 and 36% in FQ2. Annual active buyers +5% Q/Q and +37% Y/Y to 350M.
  • A stabilizing monetization rate (revenue as a % of GMV) helped make the FQ4 beat possible: After falling 35 bps Y/Y in seasonally strong FQ3 to 2.7%, monetization rate fell just 1 bps Y/Y in FQ4 to 2.17%. Making this possible: Mobile monetization rate rose to 1.73% from 0.98% a year ago. Altogether, mobile revenue rose 352% Y/Y and was 40% of China retail marketplace revenue vs. 30% in FQ3 and 12% a year ago.
  • Segment performance: China retail commerce revenue +39% Y/Y to $2.11B. China wholesale +42% to $136M. International wholesale +19% to $190M. International retail +53% to $70M. Cloud computing/Web infrastructure +82% to $63M. Everything else (boosted by acquisitions) +169% to $243M. Taobao GMV +29% to $61B; Tmall GMV +62% to $35B.
  • Financials: Free cash flow +143% Y/Y to $914M; it trailed net income of $1.25B. R&D spend ($491M) was 17% of revenue vs. 10% a year ago; sales/marketing ($408M) was 15% of revenue vs. 11%; G&A ($400M) was 14% of revenue vs. 4%.  Soaring stock compensation expenses (driven by the IPO) contributed to the spending growth. Alibaba had $19.7B in cash at the end of March.
  • Yahoo (NASDAQ:YHOO) has risen to $44.95 thanks to Alibaba. SoftBank (OTCPK:SFTBF) has seen the value of 797.7M-share Alibaba stake grow by over $7B.
BABA raise 10% on pre-market

公司近况:

新CEO
任命张勇为首席执行官。张勇目前担任首席运营官,他将接替陆兆禧。

布局印度 阿里巴巴洽购印度知名智能机厂商
据美国CNBC电视台报道,阿里巴巴集团正考虑收购印度最大的智能手机厂商之一Micromax。CNBC援引知情人士透露内容称,阿里巴巴计划收购Micromax“相当多的股份”,但交易额暂不确定。

阿里巴巴计划投资下一个亚马逊
据福布斯报道,阿里巴巴计划投资美国电子商务初创公司Jet.com,具体投资数目不详。Jet.com尚未正式上线,其计划通过动态定价模型向亚马逊发起挑战。

马云:阿里不招人了 上帝祝福八万人的大企业
本周阿里巴巴集团在京员工大会上,马云发言表示,阿里发展太快,现有的三万多人已经足够了。今年整个集团的员工数不会增加一个人,出一个进一个。对于有些公司已经到了八万人,马云则称,上帝祝福他们,希望他们越做越好。

No comments:

Post a Comment