FMP
May 14, 2024 1:24 PM - Davit Kirakosyan
Alibaba (NYSE:BABA) released its financial results for the first quarter ending March 31, 2024, showing earnings that did not meet analyst expectations. As a result, shares fell nearly 5% pre-market today.
The Chinese e-commerce leader reported an adjusted earnings per share (EPS) of RMB10.14 (US$1.40), slightly below the anticipated RMB10.27. Despite the earnings shortfall, Alibaba's revenue increased by 7% to RMB221.87 billion (US$30,729 million), which was just above the expected RMB220.32 billion.
CEO Eddie Wu explained the quarter’s performance with a focus on enhancing customer experience and expanding the company's commerce operations both in China and internationally.
The modest revenue growth, described by CFO Toby Xu as a sign of returning growth, contrasted with a significant 96% year-over-year decline in net income. This decrease was largely due to a net loss from investments in publicly traded companies, a stark reversal from the net gain reported in the same quarter the previous year.
Nov 25, 2023 6:39 AM - Parth Sanghvi
Choosing the Right Valuation Method: DCF vs. Comparable Companies Analysis Introduction: Valuation methods play a pivotal role in determining the fair value of a company, aiding investors in making informed investment decisions. Two commonly used methods, DCF Valuation and Comparable Companies A...
Dec 25, 2023 2:31 AM - Parth Sanghvi
Introduction: The Discounted Cash Flow (DCF) model stands as a cornerstone in investment analysis, offering a robust framework for estimating the intrinsic value of an investment. In this comprehensive guide, we delve into the fundamentals of DCF analysis, providing step-by-step instructions, key...
Jan 4, 2024 1:56 AM - Parth Sanghvi
The Discounted Cash Flow (DCF) model remains a cornerstone in financial analysis, offering a strategic way to assess the intrinsic value of an investment. With advancements in technology, the integration of Big Data and Artificial Intelligence (AI) presents a transformative approach to enhance the p...