Futu News on May 13, Alibaba released Q4 results for fiscal year 2021 before the US stock market.

Note: Alibaba's fiscal year is nine months ahead of the natural year, and the first quarter of each fiscal year starts from April of the previous natural year. Alibaba's fiscal year 2021 runs from April 2020 to March 2021.

The financial report shows that:

• Alibaba's fiscal year 2021 Q4 revenue of 187.395 billion yuan (the same below, US $28.602 billion), an increase of 64% over the same period last year; if the impact of the merger of Gaoxin Retail is not taken into account, revenue is 159.952 billion yuan (US $24.413 billion), an increase of 40% over the same period last year.

• The adjusted net profit was 26.216 billion yuan, an increase of 18% over the same period last year.

• The annual active consumers in China's retail market was 811 million (during the 12-month period ended March 31, 2021), an increase of 32 million over the 12-month period ended December 31, 2020.

• In March 2021, the number of mobile monthly active users in China's retail market reached 925 million, an increase of 23 million over December 2020

• The operating loss was 7.663 billion yuan, mainly due to a fine of 18.228 billion yuan imposed by the State Administration of Market Supervision and Administration on China's anti-monopoly law.

Financial year ended March 31, 2021:

• Total revenue in fiscal 2021 was 717.289 billion yuan ($109.48 billion), up 41% from a year earlier; excluding the impact of the merger of Gaoxin retail since October 2020, revenue was 674.42 billion yuan ($102.937 billion), up 32% from a year earlier.

• The net profit attributable to shareholders was 150.308 billion yuan ($22.941 billion) and the net profit was 143.284 billion yuan ($21.869 billion). Excluding some items such as antitrust fines and Ant Group-related equity incentive fees, non-GAAP 's net profit was 171.985 billion yuan ($26.25 billion), up 30 per cent from a year earlier.
  

• The global annual active consumers of Alibaba ecosystem reached more than 1 billion milestones, of which 891 million came from China's retail market, local living services and digital media entertainment platforms, and 240 million from overseas.

• In fiscal year 2021, the (GMV) of Alibaba ecosystem was 8.119 trillion yuan (US $1.239 trillion), mainly including GMV 7.494 trillion yuan (US $1.144 trillion) in China's retail market, as well as GMV in cross-border and global retail markets and local living services.

Zhang Yong, chairman and chief executive officer of Alibaba Group, said:

Alibaba Group reached the historic milestone of 1 billion active consumers worldwide in fiscal year 2021. Our overall business is growing strongly on a healthy basis, and Alibaba ecosystem achieved a new record of US $1.2 trillion GMV in the current fiscal year.

These achievements are based on the clear value we provide to consumers and businesses. Thanks to the accelerated digitization of life and work, we are looking forward to China's consumption-driven economic growth. We will continue to focus on user experience and focus on creating customer value through innovation, thereby fulfilling our mission of making business easier in the digital age.

Wu Wei, chief financial officer of Alibaba Group, said:

Our revenue in fiscal year 2021 exceeded the annual revenue guidance, achieving strong year-on-year growth of 32% (excluding the newly acquired Gaoxin retail consolidation table). This is driven by the strong performance of our core business and the continued growth of Aliyun. Even after increasing investment in new business and key strategic growth areas, we adjusted EBITDA to achieve 25 per cent year-on-year growth.

In fiscal year 2022, we expect the annual total revenue to exceed 930 billion yuan. Given the market potential and the strength of our proven output profits and cash flow, we plan to use all incremental profits and additional capital investment in fiscal 2022 to support platform merchants, as well as to invest in new business and key strategic areas. this will help us increase consumers' share of consumption and enter new potential markets.

Alibaba's US stocks are up 0.51% at $221.02 in pre-market trading.

Analysts expect

According to Bloomberg's consensus forecast, Alibaba's Q4 revenue in fiscal 2021 is 180.397 billion yuan, with an adjusted net profit of 29.397 billion yuan.

附：Alibaba's Q4 and annual results in fiscal year 2021