Alibaba Group Holding Ltd

  • TickerA117ME
  • ISINUS01609W1027
  • ExchangeStuttgart Stock Exchange
  • SectorGeneral Retailers
  • CountryCayman Islands
Tian Hou
  • Tian Hou

T. H. Data Flash - Alibaba Group – August & FY2Q22E: Fighting Headwind...

We are neutral on Alibaba as it is fighting two fronts: weaker China economy and traffic competition from ByteDance. With its resources and executions, eventually we believe BABA will win the fights. In terms of the Chinese economy, all data is pointing to weaker retail sales growth. The overall social retail growth was 2.5% Y/Y, a decline from 8.5% Y/Y in July and 12.1% Y/Y in June. Express delivery volume growth was 24.3% Y/Y in August, down from 28.6% Y/Y in July and 30.4% in June. At this point, BABA is not making meaningful external business expansions, but rather making internal changes ...

Alibaba Group Holding Limited: Update to credit analysis

Our credit view of this issuer reflects its high potential in China's growing e-commerce market, against increased regulatory uncertainties.

An unfavourable environment weighs on ALIBABA GROUP, which sees a down...

The independent financial analyst theScreener just requalified the general evaluation of ALIBABA GROUP (US), active in the Broadline Retailers industry. As regards its fundamental valuation, the title still shows 1 out of 4 stars and its market behaviour is seen as moderately risky. theScreener believes that the unfavourable environment weighs on the sector and penalises the company, which sees a downgrade to its general evaluation to Slightly Negative. As of the analysis date August 17, 2021, the closing price was USD 173.73 and its target price was estimated at USD 163.58.

Jin Yoon
  • Jin Yoon

New Street: BABA FY1Q22 Results - Core Commerce Revenues Shy of Expect...

What's New: Alibaba’s reported FY1Q22 top-line results were below consensus and our estimates as core commerce revenues were just shy of expectations. Heading into Sept Quarter, investments in strategic areas such as Community Marketplaces and Taobao Deals could increase sequentially as both business segment continue to show strong growth momentum. We maintain our PT at USD250, which implies a 23.9x P/E on our FY22 estimates. Analysts: Jin Yoon

Tian Hou
  • Tian Hou

BABA / 9988.HK: Regulatory Uncertainties Still A Concern But It Has Le...

BABA will report FY1Q22 results on August 3rd before the markets open with a 7:30am EST conference call. We are neutral on Alibaba due to uncertainties on the regulatory front. However, while dealing with the uncertainties in CY2Q21, BABA was putting in place new measures on both Tmall and Taobao aiming to acquire and retain merchants. We believe these measures are positive for BABA’s growth next year. In the near-term, these measures and BABA’s investments are likely to put pressure on its margins. One of the investment areas is community grocery buying (GCB), and we believe BABA is likely to...

Tian Hou
  • Tian Hou

T. H. Data Flash - Alibaba Group – August & FY2Q22E: Fighting Headwind...

We are neutral on Alibaba as it is fighting two fronts: weaker China economy and traffic competition from ByteDance. With its resources and executions, eventually we believe BABA will win the fights. In terms of the Chinese economy, all data is pointing to weaker retail sales growth. The overall social retail growth was 2.5% Y/Y, a decline from 8.5% Y/Y in July and 12.1% Y/Y in June. Express delivery volume growth was 24.3% Y/Y in August, down from 28.6% Y/Y in July and 30.4% in June. At this point, BABA is not making meaningful external business expansions, but rather making internal changes ...

Alibaba Group Holding Limited: Update to credit analysis

Our credit view of this issuer reflects its high potential in China's growing e-commerce market, against increased regulatory uncertainties.

An unfavourable environment weighs on ALIBABA GROUP, which sees a down...

The independent financial analyst theScreener just requalified the general evaluation of ALIBABA GROUP (US), active in the Broadline Retailers industry. As regards its fundamental valuation, the title still shows 1 out of 4 stars and its market behaviour is seen as moderately risky. theScreener believes that the unfavourable environment weighs on the sector and penalises the company, which sees a downgrade to its general evaluation to Slightly Negative. As of the analysis date August 17, 2021, the closing price was USD 173.73 and its target price was estimated at USD 163.58.

Jin Yoon
  • Jin Yoon

New Street: BABA FY1Q22 Results - Core Commerce Revenues Shy of Expect...

What's New: Alibaba’s reported FY1Q22 top-line results were below consensus and our estimates as core commerce revenues were just shy of expectations. Heading into Sept Quarter, investments in strategic areas such as Community Marketplaces and Taobao Deals could increase sequentially as both business segment continue to show strong growth momentum. We maintain our PT at USD250, which implies a 23.9x P/E on our FY22 estimates. Analysts: Jin Yoon

Tian Hou
  • Tian Hou

BABA / 9988.HK: Regulatory Uncertainties Still A Concern But It Has Le...

BABA will report FY1Q22 results on August 3rd before the markets open with a 7:30am EST conference call. We are neutral on Alibaba due to uncertainties on the regulatory front. However, while dealing with the uncertainties in CY2Q21, BABA was putting in place new measures on both Tmall and Taobao aiming to acquire and retain merchants. We believe these measures are positive for BABA’s growth next year. In the near-term, these measures and BABA’s investments are likely to put pressure on its margins. One of the investment areas is community grocery buying (GCB), and we believe BABA is likely to...

Tian Hou
  • Tian Hou

T. H. Data Flash - Alibaba Group – August & FY2Q22E: Fighting Headwind...

We are neutral on Alibaba as it is fighting two fronts: weaker China economy and traffic competition from ByteDance. With its resources and executions, eventually we believe BABA will win the fights. In terms of the Chinese economy, all data is pointing to weaker retail sales growth. The overall social retail growth was 2.5% Y/Y, a decline from 8.5% Y/Y in July and 12.1% Y/Y in June. Express delivery volume growth was 24.3% Y/Y in August, down from 28.6% Y/Y in July and 30.4% in June. At this point, BABA is not making meaningful external business expansions, but rather making internal changes ...

Alibaba Group Holding Limited: Update to credit analysis

Our credit view of this issuer reflects its high potential in China's growing e-commerce market, against increased regulatory uncertainties.

An unfavourable environment weighs on ALIBABA GROUP, which sees a down...

The independent financial analyst theScreener just requalified the general evaluation of ALIBABA GROUP (US), active in the Broadline Retailers industry. As regards its fundamental valuation, the title still shows 1 out of 4 stars and its market behaviour is seen as moderately risky. theScreener believes that the unfavourable environment weighs on the sector and penalises the company, which sees a downgrade to its general evaluation to Slightly Negative. As of the analysis date August 17, 2021, the closing price was USD 173.73 and its target price was estimated at USD 163.58.

Jin Yoon
  • Jin Yoon

New Street: BABA FY1Q22 Results - Core Commerce Revenues Shy of Expect...

What's New: Alibaba’s reported FY1Q22 top-line results were below consensus and our estimates as core commerce revenues were just shy of expectations. Heading into Sept Quarter, investments in strategic areas such as Community Marketplaces and Taobao Deals could increase sequentially as both business segment continue to show strong growth momentum. We maintain our PT at USD250, which implies a 23.9x P/E on our FY22 estimates. Analysts: Jin Yoon

Tian Hou
  • Tian Hou

BABA / 9988.HK: Regulatory Uncertainties Still A Concern But It Has Le...

BABA will report FY1Q22 results on August 3rd before the markets open with a 7:30am EST conference call. We are neutral on Alibaba due to uncertainties on the regulatory front. However, while dealing with the uncertainties in CY2Q21, BABA was putting in place new measures on both Tmall and Taobao aiming to acquire and retain merchants. We believe these measures are positive for BABA’s growth next year. In the near-term, these measures and BABA’s investments are likely to put pressure on its margins. One of the investment areas is community grocery buying (GCB), and we believe BABA is likely to...

Tian Hou
  • Tian Hou

T. H. Data Flash - Alibaba Group – August & FY2Q22E: Fighting Headwind...

We are neutral on Alibaba as it is fighting two fronts: weaker China economy and traffic competition from ByteDance. With its resources and executions, eventually we believe BABA will win the fights. In terms of the Chinese economy, all data is pointing to weaker retail sales growth. The overall social retail growth was 2.5% Y/Y, a decline from 8.5% Y/Y in July and 12.1% Y/Y in June. Express delivery volume growth was 24.3% Y/Y in August, down from 28.6% Y/Y in July and 30.4% in June. At this point, BABA is not making meaningful external business expansions, but rather making internal changes ...

Alibaba Group Holding Limited: Update to credit analysis

Our credit view of this issuer reflects its high potential in China's growing e-commerce market, against increased regulatory uncertainties.

An unfavourable environment weighs on ALIBABA GROUP, which sees a down...

The independent financial analyst theScreener just requalified the general evaluation of ALIBABA GROUP (US), active in the Broadline Retailers industry. As regards its fundamental valuation, the title still shows 1 out of 4 stars and its market behaviour is seen as moderately risky. theScreener believes that the unfavourable environment weighs on the sector and penalises the company, which sees a downgrade to its general evaluation to Slightly Negative. As of the analysis date August 17, 2021, the closing price was USD 173.73 and its target price was estimated at USD 163.58.

Jin Yoon
  • Jin Yoon

New Street: BABA FY1Q22 Results - Core Commerce Revenues Shy of Expect...

What's New: Alibaba’s reported FY1Q22 top-line results were below consensus and our estimates as core commerce revenues were just shy of expectations. Heading into Sept Quarter, investments in strategic areas such as Community Marketplaces and Taobao Deals could increase sequentially as both business segment continue to show strong growth momentum. We maintain our PT at USD250, which implies a 23.9x P/E on our FY22 estimates. Analysts: Jin Yoon

Tian Hou
  • Tian Hou

BABA / 9988.HK: Regulatory Uncertainties Still A Concern But It Has Le...

BABA will report FY1Q22 results on August 3rd before the markets open with a 7:30am EST conference call. We are neutral on Alibaba due to uncertainties on the regulatory front. However, while dealing with the uncertainties in CY2Q21, BABA was putting in place new measures on both Tmall and Taobao aiming to acquire and retain merchants. We believe these measures are positive for BABA’s growth next year. In the near-term, these measures and BABA’s investments are likely to put pressure on its margins. One of the investment areas is community grocery buying (GCB), and we believe BABA is likely to...

Tian Hou
  • Tian Hou

T. H. Data Flash - Alibaba Group – August & FY2Q22E: Fighting Headwind...

We are neutral on Alibaba as it is fighting two fronts: weaker China economy and traffic competition from ByteDance. With its resources and executions, eventually we believe BABA will win the fights. In terms of the Chinese economy, all data is pointing to weaker retail sales growth. The overall social retail growth was 2.5% Y/Y, a decline from 8.5% Y/Y in July and 12.1% Y/Y in June. Express delivery volume growth was 24.3% Y/Y in August, down from 28.6% Y/Y in July and 30.4% in June. At this point, BABA is not making meaningful external business expansions, but rather making internal changes ...

Alibaba Group Holding Limited: Update to credit analysis

Our credit view of this issuer reflects its high potential in China's growing e-commerce market, against increased regulatory uncertainties.

An unfavourable environment weighs on ALIBABA GROUP, which sees a down...

The independent financial analyst theScreener just requalified the general evaluation of ALIBABA GROUP (US), active in the Broadline Retailers industry. As regards its fundamental valuation, the title still shows 1 out of 4 stars and its market behaviour is seen as moderately risky. theScreener believes that the unfavourable environment weighs on the sector and penalises the company, which sees a downgrade to its general evaluation to Slightly Negative. As of the analysis date August 17, 2021, the closing price was USD 173.73 and its target price was estimated at USD 163.58.

Jin Yoon
  • Jin Yoon

New Street: BABA FY1Q22 Results - Core Commerce Revenues Shy of Expect...

What's New: Alibaba’s reported FY1Q22 top-line results were below consensus and our estimates as core commerce revenues were just shy of expectations. Heading into Sept Quarter, investments in strategic areas such as Community Marketplaces and Taobao Deals could increase sequentially as both business segment continue to show strong growth momentum. We maintain our PT at USD250, which implies a 23.9x P/E on our FY22 estimates. Analysts: Jin Yoon

Tian Hou
  • Tian Hou

BABA / 9988.HK: Regulatory Uncertainties Still A Concern But It Has Le...

BABA will report FY1Q22 results on August 3rd before the markets open with a 7:30am EST conference call. We are neutral on Alibaba due to uncertainties on the regulatory front. However, while dealing with the uncertainties in CY2Q21, BABA was putting in place new measures on both Tmall and Taobao aiming to acquire and retain merchants. We believe these measures are positive for BABA’s growth next year. In the near-term, these measures and BABA’s investments are likely to put pressure on its margins. One of the investment areas is community grocery buying (GCB), and we believe BABA is likely to...

Tian Hou
  • Tian Hou

T. H. Data Flash - Alibaba Group – August & FY2Q22E: Fighting Headwind...

We are neutral on Alibaba as it is fighting two fronts: weaker China economy and traffic competition from ByteDance. With its resources and executions, eventually we believe BABA will win the fights. In terms of the Chinese economy, all data is pointing to weaker retail sales growth. The overall social retail growth was 2.5% Y/Y, a decline from 8.5% Y/Y in July and 12.1% Y/Y in June. Express delivery volume growth was 24.3% Y/Y in August, down from 28.6% Y/Y in July and 30.4% in June. At this point, BABA is not making meaningful external business expansions, but rather making internal changes ...

Alibaba Group Holding Limited: Update to credit analysis

Our credit view of this issuer reflects its high potential in China's growing e-commerce market, against increased regulatory uncertainties.

An unfavourable environment weighs on ALIBABA GROUP, which sees a down...

The independent financial analyst theScreener just requalified the general evaluation of ALIBABA GROUP (US), active in the Broadline Retailers industry. As regards its fundamental valuation, the title still shows 1 out of 4 stars and its market behaviour is seen as moderately risky. theScreener believes that the unfavourable environment weighs on the sector and penalises the company, which sees a downgrade to its general evaluation to Slightly Negative. As of the analysis date August 17, 2021, the closing price was USD 173.73 and its target price was estimated at USD 163.58.

Jin Yoon
  • Jin Yoon

New Street: BABA FY1Q22 Results - Core Commerce Revenues Shy of Expect...

What's New: Alibaba’s reported FY1Q22 top-line results were below consensus and our estimates as core commerce revenues were just shy of expectations. Heading into Sept Quarter, investments in strategic areas such as Community Marketplaces and Taobao Deals could increase sequentially as both business segment continue to show strong growth momentum. We maintain our PT at USD250, which implies a 23.9x P/E on our FY22 estimates. Analysts: Jin Yoon

Tian Hou
  • Tian Hou

BABA / 9988.HK: Regulatory Uncertainties Still A Concern But It Has Le...

BABA will report FY1Q22 results on August 3rd before the markets open with a 7:30am EST conference call. We are neutral on Alibaba due to uncertainties on the regulatory front. However, while dealing with the uncertainties in CY2Q21, BABA was putting in place new measures on both Tmall and Taobao aiming to acquire and retain merchants. We believe these measures are positive for BABA’s growth next year. In the near-term, these measures and BABA’s investments are likely to put pressure on its margins. One of the investment areas is community grocery buying (GCB), and we believe BABA is likely to...

Tian Hou
  • Tian Hou

T. H. Data Flash - Alibaba Group – August & FY2Q22E: Fighting Headwind...

We are neutral on Alibaba as it is fighting two fronts: weaker China economy and traffic competition from ByteDance. With its resources and executions, eventually we believe BABA will win the fights. In terms of the Chinese economy, all data is pointing to weaker retail sales growth. The overall social retail growth was 2.5% Y/Y, a decline from 8.5% Y/Y in July and 12.1% Y/Y in June. Express delivery volume growth was 24.3% Y/Y in August, down from 28.6% Y/Y in July and 30.4% in June. At this point, BABA is not making meaningful external business expansions, but rather making internal changes ...

Alibaba Group Holding Limited: Update to credit analysis

Our credit view of this issuer reflects its high potential in China's growing e-commerce market, against increased regulatory uncertainties.

An unfavourable environment weighs on ALIBABA GROUP, which sees a down...

The independent financial analyst theScreener just requalified the general evaluation of ALIBABA GROUP (US), active in the Broadline Retailers industry. As regards its fundamental valuation, the title still shows 1 out of 4 stars and its market behaviour is seen as moderately risky. theScreener believes that the unfavourable environment weighs on the sector and penalises the company, which sees a downgrade to its general evaluation to Slightly Negative. As of the analysis date August 17, 2021, the closing price was USD 173.73 and its target price was estimated at USD 163.58.

Jin Yoon
  • Jin Yoon

New Street: BABA FY1Q22 Results - Core Commerce Revenues Shy of Expect...

What's New: Alibaba’s reported FY1Q22 top-line results were below consensus and our estimates as core commerce revenues were just shy of expectations. Heading into Sept Quarter, investments in strategic areas such as Community Marketplaces and Taobao Deals could increase sequentially as both business segment continue to show strong growth momentum. We maintain our PT at USD250, which implies a 23.9x P/E on our FY22 estimates. Analysts: Jin Yoon

Tian Hou
  • Tian Hou

BABA / 9988.HK: Regulatory Uncertainties Still A Concern But It Has Le...

BABA will report FY1Q22 results on August 3rd before the markets open with a 7:30am EST conference call. We are neutral on Alibaba due to uncertainties on the regulatory front. However, while dealing with the uncertainties in CY2Q21, BABA was putting in place new measures on both Tmall and Taobao aiming to acquire and retain merchants. We believe these measures are positive for BABA’s growth next year. In the near-term, these measures and BABA’s investments are likely to put pressure on its margins. One of the investment areas is community grocery buying (GCB), and we believe BABA is likely to...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch