Financials Alibaba Pictures Group Limited Börse Stuttgart

Equities

Market Closed - Börse Stuttgart Other stock markets 09:30:57 28/06/2024 BST			5-day change	1st Jan Change
0.047 ^EUR	-1.05%		-6.93%	-10.48%

05-30	Alibaba Pictures Swings to Profit as Revenue Surges 44%	MT
05-29	Alibaba Pictures Group Limited Reports Earnings Results for the Full Year Ended March 31, 2024	CI

Fiscal Period: March	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	37,014	26,822	27,103	17,534	13,758	12,332	-	-
Enterprise Value (EV) ²	33,105	23,067	22,764	13,590	9,653	13,417	3,137	3,380
P/E ratio	-119 x	-21 x	-236 x	82.2 x	-40.9 x	40.8 x	10.9 x	8.41 x
Yield	-	-	-	-	-	-	-	-
Capitalization / Revenue	10.7 x	8.6 x	7.82 x	4.08 x	3.55 x	2.47 x	1.78 x	1.54 x
EV / Revenue	9.61 x	7.4 x	6.57 x	3.16 x	2.49 x	2.47 x	0.45 x	0.42 x
EV / EBITDA	-72.5 x	-24.8 x	160 x	20.9 x	-54 x	30.2 x	2.48 x	1.95 x
EV / FCF	-	-26.5 x	-	-22.8 x	15.5 x	71.2 x	2.97 x	2.42 x
FCF Yield	-	-3.78%	-	-4.38%	6.43%	1.41%	33.7%	41.4%
Price to Book	2.03 x	1.74 x	1.64 x	1 x	0.85 x	0.76 x	0.67 x	0.63 x
Nbr of stocks (in thousands)	26,628,823	26,822,015	26,834,946	26,975,740	26,975,740	29,714,629	-	-
Reference price ³	1.189	0.9135	0.8513	0.5263	0.4462	0.3862	0.3862	0.3862
Announcement Date	28/05/19	28/05/20	09/06/21	01/06/22	31/05/23	29/05/24	-	-

¹CNY in Million²HKD in Million³CNY

Estimates

Fiscal Period: March	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	3,447	3,119	3,466	4,295	3,876	5,428	6,920	7,988
EBITDA ¹	-456.4	-928.7	141.9	649.2	-178.9	444.3	1,264	1,736
EBIT ¹	-564.6	-1,065	-130.4	328.4	-243.3	333.8	1,199	1,625
Operating Margin	-16.38%	-34.13%	-3.76%	7.65%	-6.28%	6.15%	17.32%	20.34%
Earnings before Tax (EBT) ¹	-319.1	-1,233	-143	151.6	-307.6	323.7	1,410	1,761
Net income ¹	-288.1	-1,248	-116.8	199.8	-320.6	307	1,132	1,398
Net margin	-8.36%	-40.02%	-3.37%	4.65%	-8.27%	5.66%	16.36%	17.5%
EPS ²	-0.0100	-0.0435	-0.003600	0.006400	-0.0109	0.0103	0.0354	0.0459
Free Cash Flow ¹	-	-871.2	-	-595.4	620.8	121.2	1,056	1,398
FCF margin	-	-27.93%	-	-13.86%	16.02%	2.21%	15.26%	17.5%
FCF Conversion (EBITDA)	-	-	-	-	-	16.81%	83.53%	80.53%
FCF Conversion (Net income)	-	-	-	-	-	18.41%	93.27%	100%
Dividend per Share ²	-	-	-	-	-	-	-	-
Announcement Date	28/05/19	28/05/20	09/06/21	01/06/22	31/05/23	29/05/24	-	-

¹HKD in Million²CNY

Estimates

Fiscal Period: March	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	-	-	-	-	-	-	-	-
Net Cash position ¹	3,909	3,756	4,339	3,945	4,104	3,709	9,195	8,952
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow ¹	-	-871	-	-595	621	121	1,056	1,398
ROE (net income / shareholders' equity)	-1.76%	-8%	-0.7%	1.22%	-2.07%	5.01%	6.91%	8.34%
ROA (Net income/ Total Assets)	-	-7.09%	-0.61%	1.09%	-1.87%	4.74%	4.8%	7.14%
Assets ¹	-	17,611	19,027	18,298	17,149	13,892	23,585	19,587
Book Value Per Share ²	0.5800	0.5200	0.5200	0.5300	0.5300	0.5100	0.5800	0.6100
Cash Flow per Share ²	-	-	-	-	-	0.0100	0.0200	0.0200
Capex ¹	-	12	-	17.8	10.4	70.4	38.9	73.5
Capex / Sales	-	0.38%	-	0.42%	0.27%	1.28%	0.56%	0.92%
Announcement Date	28/05/19	28/05/20	09/06/21	01/06/22	31/05/23	29/05/24	-	-

¹HKD in Million²CNY

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.3862 CNY

Average target price

0.5433 CNY

Spread / Average Target

+40.68%

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