BABA Q4 2020 Earnings Report — Alibaba Group Holding Limited Revenue & Financial Results | Market Cap Arena

Alibaba Group Holding LimitedBABA

Q4 2020 Earnings

Reported March 30, 2020

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q4 2020	Q3 2020	Q4 2019	QoQ Change	YoY Change
Revenue	$16.7B	—	$13.7B	—	22.3%
Op. Income	$1.0B	—	$1.3B	—	-18.6%
Gross Margin	36.6%	—	40.5%	—	-3.9pp
Net Margin	2.8%	—	27.7%	—	-24.9pp
EPS (Diluted)	$1.36	—	$-22.70	—	106.0%
Free Cash Flow	$387M	—	$3.2B	—	-88.0%

Revenue Flow

Item	Amount
REVENUE	$16.7B
Cost of Revenue	$10.6B
GROSS PROFIT	$6.1B
R&D Expenses	$1.5B
Selling & Marketing	$1.8B
General & Administrative	$1.2B
SG&A Expenses	$2.9B
Other Expenses	$591M
Operating Expenses	$5.1B
Cost & Expenses	$15.7B
OPERATING INCOME	$1.0B
Interest Income	-$1.1B
Interest Expense	$170M
Other Income/Expenses	-$607M
INCOME BEFORE TAX	$435M
Income Tax Expense	$384M
Net Income from Continuing Ops	$51M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$470M
Net Income Deductions	$146.1K
BOTTOM LINE NET INCOME	$462M
D&A	$591M
EBIT	$87M
EBITDA	$678M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$16.7B
Cost of Revenue	$10.6B
GROSS PROFIT	$6.1B
R&D Expenses	$1.5B
Selling & Marketing	$1.8B
General & Administrative	$1.2B
SG&A Expenses	$2.9B
Other Expenses	$591M
Operating Expenses	$5.1B
Cost & Expenses	$15.7B
OPERATING INCOME	$1.0B
Interest Income	-$1.1B
Interest Expense	$170M
Other Income/Expenses	-$607M
INCOME BEFORE TAX	$435M
Income Tax Expense	$384M
Net Income from Continuing Ops	$51M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$470M
Net Income Deductions	$146.1K
BOTTOM LINE NET INCOME	$462M
D&A	$591M
EBIT	$87M
EBITDA	$678M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$470M
Depreciation & Amortization	$1.4B
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	-$1.5B
Change in Working Capital	$0
OPERATING CASH FLOW	$387M
Capital Expenditure	$0
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$5.6B
NET CASH FROM INVESTING	-$5.6B
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$1.1B
NET CASH FROM FINANCING	$1.1B
FREE CASH FLOW	$387M
Net Change in Cash	-$2.4B

Balance Sheet

Item	Amount
Cash & Equivalents	$50.0B
Short-Term Investments	$4.8B
Net Receivables	$6.8B
Inventory	$2.2B
Other Current Assets	$2.4B
TOTAL CURRENT ASSETS	$67.3B
PP&E (Net)	$20.7B
Goodwill	$40.4B
Intangible Assets	$8.9B
Long-Term Investments	$51.3B
Tax Assets	$1.1B
Other Non-Current Assets	$2.1B
TOTAL NON-CURRENT ASSETS	$124.4B
TOTAL ASSETS	$191.7B
Account Payables	$881M
Short-Term Debt	$1.2B
Deferred Revenue	$5.6B
Other Current Liabilities	$22.3B
TOTAL CURRENT LIABILITIES	$35.3B
Long-Term Debt	$17.6B
Deferred Revenue NC	$296M
Deferred Tax Liabilities	$6.4B
Other Non-Current Liabilities	$901M
TOTAL NON-CURRENT LIABILITIES	$28.0B
TOTAL LIABILITIES	$63.3B
Common Stock	$146.0K
Additional Paid-In Capital	$50.2B
Retained Earnings	$59.3B
Treasury Stock	$0
Accum. Other Comp. Income	$797M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$110.3B
Minority Interest	$18.1B
TOTAL EQUITY	$128.5B
TOTAL LIABILITIES & EQUITY	$191.7B
Total Debt	$21.5B
Net Debt	-$28.5B