$Alibaba(BABA.US)$ reported first-quarter FY22 flat revenue growth year-on-year to $30.69 billion, beating the consensus of $30.05 billion.
Segments: The China commerce segment declined by 1% Y/Y to $21.19 billion, Cloud grew by 10% Y/Y to $1.59 billion, Local consumer services increased by 5% Y/Y to $1.59 billion, and International commerce rose by 2% Y/Y to $2.31 billion.
China Commerce (69% of revenue): The online physical goods GMV for Taobao and Tmall, excluding unpaid orders, recorded a mid-single-digit year-over-year decline due to Covid-19.
International Commerce (7% of revenue): The combined number of orders of Lazada, AliExpress, Trendyol, and Daraz declined by 4% Y/Y due to the declining orders of AliExpress due to change in the European Union's VAT rules, depreciation of the Euro against the U.S dollar and ongoing supply chain and logistics disruptions due to the Russia-Ukraine conflict.
Cainiao (6% of revenue): Revenue grew 7% Y/Y to $2.58 billion.
Non-GAAP earnings per ADS of $1.75 beat the consensus of $1.52. Alibaba generated $3.3 billion in free cash flow.
Daniel Zhang, Chair and CEO, said, "Following a relatively slow April and May, we saw signs of recovery across our businesses in June."
Tobu Xu, CFO, said, "We recently shared our plan to add Hong Kong as another primary listing venue. By becoming primary listed on both Hong Kong and New York stock exchanges, we aim to further expand and diversify our investor base."
$阿里巴巴-SW(BABA.US)$报告称,22财年第一季度营收同比增长306.9亿美元,超过了300.5亿美元的共识。
细分市场:中国商务业务同比下降1%,至211.9亿美元,云业务同比增长10%,至15.9亿美元,本地消费服务业务同比增长5%,至15.9亿美元,国际商务业务同比增长2%,至23.1亿美元。
中国商业(占收入的69%):由于新冠肺炎的原因,淘宝和天猫的在线实物商品GMV,不包括未付订单,同比下降了个位数的中位数。
国际商务(占收入的7%):Lazada、全球速卖通、Trendyol和Daraz的订单总数同比下降4%,原因是全球速卖通的订单减少,原因是欧盟增值税规则的变化、欧元对美元的贬值以及俄罗斯-乌克兰冲突造成的持续供应链和物流中断。
菜鸟(占收入的6%):收入 同比增长7%,达到25.8亿美元。
美国存托股份的非公认会计准则每股收益为1.75美元,超过了市场普遍预期的1.52美元。阿里巴巴-SW创造了33亿美元的自由现金流。
董事长兼首席执行官张勇表示:“在经历了相对低迷的4月和5月之后,我们在6月份看到了业务复苏的迹象。”
该公司首席财务官徐绍史表示:“我们最近公布了将香港作为另一个主要上市地点的计划。通过成为香港和纽约证券交易所的主要上市地点,我们的目标是进一步扩大和多元化我们的投资者基础。”