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Alibaba reported revenue of 207.18 billion yuan and adjusted net profit of 33.82 billion yuan in the second quarter of fiscal year 2023

via:新浪科技     time:2022/11/19 18:03:37     readed:95

阿里巴巴2023财年第二季度营收2071.8亿元 调整后净利润338.2亿元
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Sina Science and technology news Beijing time on November 17 evening news, Alibaba (NYSE: BABA; HKEX: 9988) today reported financial results for the second quarter of its fiscal year 2023 ending September 30, 2022. (Note: Alibaba's fiscal year does not coincide with the Natural year, which begins on April 1 of each year and ends on March 31 of the following year.) Alibaba reported revenue of 207.176 billion yuan ($29.124 billion) in the second quarter, up 3 percent from 200.69 billion yuan a year earlier. The net loss was 22.467 billion yuan ($3.158 billion), compared with a net profit of 3.337 billion yuan a year earlier. On a non-GAAP basis, net profit was 33.82 billion yuan ($4.754 billion), up 19% from 28.524 billion yuan a year earlier.

Second Quarter Results:

Revenue was 207.176 billion yuan ($29.124 billion), up 3 percent from 200.690 billion yuan a year earlier.

Revenue from China's commercial retail business was 131.222 billion yuan ($18.447 billion), down 1% from 131.946 billion yuan a year earlier.

Revenue from China's commercial wholesale business was 4.209 billion yuan ($592 million), up 1% from 4.174 billion yuan a year earlier.

Revenue from its international commercial retail business was 10.738 billion yuan ($1.51 billion), up 3% from 10.375 billion yuan a year earlier.

Revenue from the international commercial wholesale business was 5.09 billion yuan ($704 million), up 6% from 4.717 billion yuan a year earlier.

Revenue from local consumer services was 13.073 billion yuan ($1.838 billion), up 21 percent year on year.

Revenue from Cainiao logistics services was 13.367 billion yuan ($1.879 billion), up 36 percent year on year. Mainly from domestic and international one-stop logistics services and supply chain management solutions revenue. Cainiao's services generated a total revenue of 18.282 billion yuan ($2.57 billion), up 26 percent year on year. Includes revenue from services provided to Alibaba's other businesses.

Revenue from the cloud computing business was 20.757 billion yuan ($2.918 billion), up 4 percent year on year. Total revenue from the cloud computing business was 26.760 billion yuan ($3.762 billion), up 2 percent year on year. Includes revenue from services provided to Alibaba's other businesses.

Revenue from digital media and entertainment was 8.392 billion yuan ($1.179 billion), up 4 percent year on year.

Revenue from innovation and other businesses was 409 million yuan ($57 million), down 45 percent year on year.

The cost of revenue was 131.21 billion yuan ($18.445 billion), accounting for 64 percent of the revenue. That compares with a cost of revenue of 129.95 billion yuan, or 64 percent of revenue, a year earlier.

Spending on product development was 15.15 billion yuan ($2.130 billion), accounting for 7% of revenue. That compared with 15.297 billion yuan, or 8 percent of revenue, spent on product development a year earlier.

Sales and marketing expenses were 22.359 billion yuan ($3.143 billion), accounting for 11% of revenue. That compares with sales and marketing spending of 28.857 billion yuan, or 14% of revenue, a year earlier.

General and administrative expenses were 10.591 billion yuan ($1.488 billion), accounting for 5% of revenue. That compared with 8.874 billion yuan, or 5 percent of revenue, spent on product development a year earlier.

The expense of equity awards was 7.787 billion yuan ($1.094 billion), compared with 10.121 billion yuan a year earlier.

Amortization of intangible assets was 2.729 billion yuan (about $384 million), down 6% from 2.906 billion yuan a year earlier.

Operating profit was 25.137 billion yuan (about $3.534 billion), accounting for 12% of revenue; That compares with 15.06 billion yuan, or 7% of revenue, a year earlier.

Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) was 43.311 billion yuan ($6.089 billion), up 24 percent from 34.840 billion yuan a year earlier.

Adjusted EBITA (earnings before interest, taxes and amortization) was 36.164 billion yuan ($5.084 billion), up 29 percent from 28.033 billion yuan a year earlier.

The loss on interest and investment was 42.452 billion yuan ($5.968 billion), compared with a loss of 11.456 billion yuan a year earlier.

Other revenue was 2.944 billion yuan ($414 million), compared with 1.633 billion yuan a year earlier.

Income tax expense was 2.572 billion yuan (about $362 million), compared with 6.087 billion yuan a year earlier.

The net loss was 22.467 billion yuan ($3.158 billion), compared with a net profit of 3.337 billion yuan a year earlier.

On a non-GAAP basis, net profit was 33.82 billion yuan ($4.754 billion), up 19% from 28.524 billion yuan a year earlier.

Net loss attributable to common shareholders was 20.561 billion yuan ($2.89 billion), compared with net profit of 5.367 billion yuan a year earlier.

Diluted loss per American Depositary share (ADS) was RMB7.77 (US $1.09), compared with earnings of RMB1.97 a year ago. On a non-GAAP basis, diluted earnings per American depositary share were 12.92 yuan ($1.82), up 15% from 11.20 yuan a year earlier.

Diluted loss per common share was 0.97 yuan (about US $0.14 or HK $1.07), compared with earnings of 0.25 yuan a year ago. On a non-GAAP basis, diluted earnings per common share were 1.61 yuan (about US $0.23 or HK $1.78), up 15% from 1.40 yuan in the same period last year.

As of September 30, 2022, cash, cash equivalents, short-term investments and other treasury investments held by Alibaba Group totaled 484.877 billion yuan (about US $68.163 billion), compared with 446.412 billion yuan as of March 31, 2022.

Cash flow from operations for the second quarter was RMB47.112 billion (US $6.623 billion), up 31% from RMB35.83 billion a year ago. non-GAAP free cash flow was RMB35.709 billion (US $5.02 billion), up 61% from RMB22.239 billion a year earlier. Net cash used in investing activities was 8.184 billion yuan (about US $1.145 billion) and net cash used in financing activities was 11.47 billion yuan (about US $1.613 billion)

Alibaba had 243,903 employees as of September 30, 2022, compared to 245,700 as of June 30, 2022.

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