What are the highlights of Ali's upcoming Q2 financial report for FY 2019?

In the earnings season, companies have gathered together to announce their third-quarter earnings. Alibaba will also release its earnings for the second fiscal quarter of 2019 (2018 third quarter) as of September 30, 2018, before the US stock market opens today.

You know, Ali's share price has hit a peak since January, and has fallen by about a third since then. Ma Yun announced that the first financial report after the handover will be closely watched by investors. Now you can come to know in advance. What are the main points of this financial report.

Revenue still maintains a high growth rate?

As a giant company, Ali has maintained more than 55% growth for six consecutive quarters. It is not easy. In the last quarter, Alibaba's total revenue was 80.92 billion yuan, up 61% year-on-year, of which e-commerce business revenue was 69.188 billion yuan. , accounting for 86% of total revenue.

Revenues maintain a high growth rate, and the core source of revenue is still e-commerce business. In the case of this season, it should not be an exception.

Bloomberg has predicted through analysts: Ali's second-quarter revenue in 2019 will reach 86.58 billion yuan (about 12.4 billion US dollars), an increase of 57% from the same period of the previous year's RMB 55.12 billion; the adjusted EBITDA market is consistent It is expected to be RMB 27.43 billion, a year-on-year increase of 10%.

In addition, Oppenheimer analysts expect Ali's second-quarter earnings per share to be $0.81, which is lower than the previous forecast of $1.03/ADR. In addition, KeyCorp's second-quarter forecast is $0.89 per share. .

How is cloud computing growing?

The cloud computing business every quarter is also a part worth looking forward to. In the field of cloud computing in China, it is no exaggeration to say that Alibaba Cloud is the dominant market player. However, the competition in the cloud market is increasingly fierce, and Alibaba Cloud has never really passed. Good news for profit.

In the previous quarters, the revenue growth of Alibaba Cloud's business has been tepid.

In recent quarters, Alibaba Cloud's business revenue growth rate has almost fluctuated around 100%. In the last quarter, Alibaba Cloud's revenue was 4.698 billion yuan, accounting for 6% of total revenue, up 93% year-on-year. %. On October 30, Zhang Yong’s letter to shareholders also mentioned a group of data about Alibaba Cloud: In the fiscal year of 2018, Alibaba Cloud’s revenue increased by 101% year-on-year to reach 13.39 billion yuan.

The curve of its cloud business should not change much in this quarter, but whether there is progress in stability or not, whether the profit is good or not, it depends on today’s financial report.

Alibaba Cloud business revenue

Is the big entertainment business still losing money?

In the last quarter, the performance of the Ali Entertainment Club was not very eye-catching. The revenue was 5.975 billion yuan, accounting for 7% of total revenue, and the operating loss was expanded to 4.29 billion yuan (operation loss for the same period in 2017 was 3.388 billion yuan). 2018 In the first quarter of the year, its revenue was 5.272 billion yuan and its operating loss was 3.541 billion yuan.

Ali Entertainment is still in the stage of integration and adjustment. Its core business, Ali Films, which has been listed independently, is also estimated to have a maximum loss of 1.7 billion yuan in 15 months.

The current rhythm of the Ali entertainment sector is obviously 'burning money', and the loss situation this quarter is also worthy of attention.

What is the fighting power of the local life service platform?

In the last quarter's earnings report, Ali disclosed the establishment of a holding company, which will serve as its flagship company in local life service, holding two major businesses, hungry and word of mouth, and receiving investors from Alibaba, Softbank Group and other investors. More than $3 billion in investment commitments.

Hungry, merged with word of mouth, set up a company and financed separately. Ali’s efforts in this field have already begun. The latest developments in this life service platform may be a glimpse of today’s earnings report.

Double eleven is getting closer and closer, and e-commerce stocks have all gone up. This morning, Alibaba rose 6.29% to $151.23.