《大行報告》花旗:阿里(BABA.US)首財季收入和盈利均勝預期 評級「買入」
花旗發表研究報告指出,阿里巴巴(09988.HK)(BABA.US)2024財年首財季業績勝預期,總收入按年增長14%至2,342億元人民幣,較該行及市場預期的2,253億與2,238億元人民幣,分別高出3.9%及4.6%。當中,中國商業零售收入按年升13%至1,098億元人民幣,客戶管理收入(CMR)按年增長10%至797億元人民幣。
阿里六大業務集團當中,淘寶天貓集團收入按年增長12%至1,150億元人民幣。國際數字商業集團收入升41%至221億元人民幣。本地生活集團收入增長30%至145億元人民幣。菜鳥集團收入升34%至232億元人民幣。大文娛集團收入升36%至53.8億元人民幣。
期內,阿里非公認會計準則普通股股東淨利潤按年增長43%至447億元人民幣,較該行及市場預期的373億與384億元人民幣,各高出20%及16%,主要由於毛利率提升、研發和一般管理費用下降等。非公認會計準則每股美國存託股攤薄盈利17.37元人民幣,超過該行及市場預期的14.32與14.15元人民幣。
花旗對阿里(BABA.US)目標價為149美元,評級「買入」。
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