Alibaba Group Holdings Ltd (9988.HK) – Spin-off of Cainiao to streamline the business operations

in , , on October 17, 2023

Alibaba Group Holdings Ltd (9988.HK) (Q1FY24)

Stock performance: Alibaba stock gave returns of -7.2% and 13.9% in the period of three months and one year. It has a 52-week high of HKD118.5 and a 52-week low of HKD60.25. It gave returns of -71.4% and CAGR of -34.1% over a period of three years. It had a 200-Day Moving Average of HKD90.412 and a 50- Day Moving Average of HKD88.574.

Quarter Performance: In Q1FY24, revenue of the company increased by 14% to RMB234.16bn, compared to RMB205.56 inQ1FY23. Cost of revenue increased to RMB142.35bn, or 61% of revenue, compared to RMB129.66bn,or 63% of revenue during the same period


Alibaba has announced its intention to spin off its subsidiary, Cainiao, by listing its shares on the Hong Kong Stock Exchange. This move is part of a broader strategy to streamline its business operations. After the spin-off, Alibaba will continue to hold the majority of Cainiao’s shares, making it a subsidiary of the company.

This report is useful for M&A, business & investment analysis to all students, researchers, investors, private equity houses, broking firms, hedge funds, advisory firms and corporates to decide upon their investment strategies. Do connect with us, if you are looking for equity valuation, recommendation, analysis and market recommendation for any specific company, sector and industry.



– Enterprise Value
– CrispIdea Forecast
– CrispIdea Segment Forecast
– Economic Value Added Analysis
– P/E Analysis
– Peer Valuation
– CrispIdea Forecast Relative to Consensus
– Consensus History and Surprise
– Consensus Momentum

Actual & Historical Performance

– Income Statement
– Balance Sheet
– Cash Flow
– 10-Year Historical Performance
– Ratio Analysis
– Du Pont Analysis
– ROIC & ROCE Analysis
– Segment Performance
– M&A Deals

Peer Performance

– Summary
– Profitability
– Growth
– Price Performance


Crispidea Coverage

No of Pages: 37

To download the previous quarter’s equity/report CLICK HERE

To Download other equity/reports CLICK HERE

Follow our LinkedIn page for more updates.

Release Information

  • Price


  • Released

    October 17, 2023

  • Last Updated

    October 17, 2023