Abstract: Ali achieved good results in the financial performance and emerging business, but the "Wall Street journal" that the Alibaba group in some non main business investment as a rookie network, bring huge losses, the Ali group is a kind of worry.
Alibaba group Thursday announced the 2017 fiscal first quarter earnings (each quarter the company is divided in different ways, the Apple Corp’s current earnings is the third quarter of 2016, equivalent to a quarter, ahead of Alibaba’s earnings is corresponding to the company’s second quarter 2016 financial results), the total revenue of 32 billion 154 million yuan, an increase of 59% last year, net the profit of 7 billion 142 million yuan, down 77% last year.
because the earnings results exceeded analyst expectations, Ali group’s share price rose 12% days in two. Ali achieved good results in the financial performance and emerging business, but the "Wall Street journal" that the Alibaba group in some non main business investment as a rookie network, bring huge losses, the Ali group is a kind of worry.
Ali revenue growth than expected, but there are worries emerging business
group’s latest earnings can be said to be the best since listing, the total revenue and profit of more than Wall Street analysts had expected on average, so eliminate some investors for Chinese economic slowdown impact on business platform concerns, the stock for two consecutive days rose to 52 week high, not only, also back above $90. The current market value is $245 billion 160 million.
Alibaba group reported earnings for the first quarter of this year, according to four business information released in response to the requirements of the u.s.. The Alibaba group disclosed to the accounting section of the U.S. Securities and Exchange Commission SEC launched an investigation in May earnings, so the earnings announcement of new business information, Wall Street investors can learn more of the company’s financial condition and business performance. However, Ali group did not update the U.S. Securities and Exchange Commission investigation progress.
Ali group announced part of the information related to the company’s rookie network, including the average daily handling of 4200 parcels, as well as losses. Ali rookie group holds 47% stake in the network, the specific operation information not disclosed in the previous earnings in the rookie network, become a key investor attack, investors believe that Alibaba group daily to bring a huge amount of freight rookie network, but not so important statistics management company earnings information is not accurate, a the key financial strategy is combined with the SEC survey rookie network.
Alibaba group new earnings four business is divided into: electricity supplier’s main business, cloud computing services, media and entertainment business, new projects and other investment business. The main business is still Chinese Ali electricity supplier overlord, not only sales growth, the total number of users is growing, while it is in the Chinese growth of Internet users has slowed down, but Ali group in the conference call also acknowledged that the electricity business >