Alibaba Group Holding LtdBABA

Market cap

P/E ratio

	Mar 31, 2015	Mar 31, 2016	Mar 31, 2017	Mar 31, 2018	Mar 31, 2019	Mar 31, 2020	Mar 31, 2021	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025
Revenue	12,293	15,686	22,994	39,898	56,152	71,985	109,480	134,567	126,491	130,350	137,300
Cost of revenue	3,845	5,328	8,642	17,065	30,833	39,878	64,289	85,096	80,042	81,205	82,446
Product development expenses	1,720	2,138	2,479	3,628	5,578	6,085	8,736	8,749	8,263	7,237	7,876
Sales and marketing expenses	1,373	1,753	2,370	4,352	5,928	7,156	12,442	18,898	15,070	15,947	19,847
General and administrative expenses	1,258	1,428	1,778	2,589	3,708	3,982	8,429	5,036	6,142	5,815	6,096
Amortization and impairment of intangible assets	-	-	-	-	-	1,891	1,896	1,837	1,967	2,990	873
Impairment of goodwill	-	71	-	79	-	81	-	3,966	395	1,457	850
Other gains, net	-	-	-	-	-	-	-	-	-	-	105
Income from operations	3,732	4,513	6,981	11,050	8,506	12,912	13,688	10,985	14,612	15,699	19,417
Interest and investment income, net	1,525	8,104	1,244	4,862	6,572	10,303	11,110	-2,477	-1,612	-1,380	2,861
Interest expense	443	301	388	568	773	731	683	774	862	1,101	1,323
Other income, net	401	319	884	663	32	1,051	1,157	1,660	848	853	467
Income before income tax and share of results of equity method investees	-	-	-	-	-	-	-	9,394	12,986	14,071	21,422
Income tax expenses	1,035	1,310	2,002	2,901	2,466	2,904	4,469	4,230	2,264	3,120	4,884
Share of results of equity method investees	-	-269	-730	-3,315	84	-810	1,066	2,263	-1,174	-1,072	822
Net income	3,923	11,056	5,989	9,791	11,955	19,821	21,869	7,427	9,548	9,879	17,360
Net loss attributable to noncontrolling interests	9	-27	-356	-427	-1,140	-1,283	-1,114	-2,393	-1,050	-1,202	-569
Net income attributable to Alibaba Group Holding Limited	3,914	11,083	6,345	10,218	13,095	21,104	22,983	9,820	10,598	11,081	17,929
Accretion of mezzanine equity	2	-	-	17	42	24	42	46	40	37	88
Net income attributable to ordinary shareholders	3,896	11,083	6,345	10,201	13,053	21,080	22,941	9,774	10,558	11,044	17,841
Basic	1.67	4.51	2.55	4	5.06	1	1.06	0.45	0.5	0.55	0.95
Diluted	1.56	4.33	2.47	3.91	4.97	0.99	1.04	0.45	0.5	0.54	0.92
Basic	-	-	-	-	-	8.02	8.49	3.63	4.03	4.38	7.6
Diluted	-	-	-	-	-	7.9	8.35	3.59	4	4.33	7.38