《季绩前瞻》券商料阿里(09988.HK)上财季非公认会计准则多赚近20% 关注经营及利润率指引

阿思达克财经新闻2021-01-28

近月饱受内地反垄断监管风险困扰的科网巨头阿里巴巴(09988.HK)，将于下周一(2月1日)公布截至2020年12月底止2021财年的第三财季业绩，虽然核心商业务收入料保持良好增长，但由于投资力度加大、来自电商同业拼多多等竞争，或令阿里利润率承压，本网综合8间券商料阿里截至去年底止第三财季非公认会计准则净利润介乎539.98亿至573.01亿人民币，较上财年同期464.93亿人民币，按年升...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

精彩评论

我们需要你的真知灼见来填补这片空白

发表看法

{"i18n":{"language":"zh_CN"},"isChannel":false,"data":{"share":"https://www.laohu8.com/m/news/2106257855?lang=zh_CN&edition=full","thumbnail":"https://static.tigerbbs.com/c4fb4d7b02e0f6620a16dc71da028ea4","is_english":false,"pubTime":"2021-01-28 15:20","share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","id":"2106257855","market":"hk","top_or_hot":-1,"title":"《季绩前瞻》券商料阿里(09988.HK)上财季非公认会计准则多赚近20% 关注经营及利润率指引","media":"阿思达克财经新闻","content":"<div>\n<p>近月饱受内地反垄断监管风险困扰的科网巨头阿里巴巴(09988.HK)，将于下周一(2月1日)公布截至2020年12月底止2021财年的第三财季业绩，虽然核心商业务收入料保持良好增长，但由于投资力度加大、来自电商同业拼多多等竞争，或令阿里利润率承压，本网综合8间券商料阿里截至去年底止第三财季非公认会计准则净利润介乎539.98亿至573.01亿人民币，较上财年同期464.93亿人民币，按年升...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN202101281702397c040df7&s=b\">网页链接</a>\n\n</div>\n","source":"tencent","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>《季绩前瞻》券商料阿里(09988.HK)上财季非公认会计准则多赚近20% 关注经营及利润率指引</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n《季绩前瞻》券商料阿里(09988.HK)上财季非公认会计准则多赚近20% 关注经营及利润率指引\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-01-28 15:20 北京时间&nbsp;&nbsp;&nbsp;<a href=http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN202101281702397c040df7&s=b><strong>阿思达克财经新闻</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>近月饱受内地反垄断监管风险困扰的科网巨头阿里巴巴(09988.HK)，将于下周一(2月1日)公布截至2020年12月底止2021财年的第三财季业绩，虽然核心商业务收入料保持良好增长，但由于投资力度加大、来自电商同业拼多多等竞争，或令阿里利润率承压，本网综合8间券商料阿里截至去年底止第三财季非公认会计准则净利润介乎539.98亿至573.01亿人民币，较上财年同期464.93亿人民币，按年升...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN202101281702397c040df7&s=b\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"09988","symbol_name":"阿里巴巴-W","start_time":0,"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN202101281702397c040df7&s=b","article_id":"2106257855","we_media_id":null,"thumbnails":["https://static.tigerbbs.com/c4fb4d7b02e0f6620a16dc71da028ea4"],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN202101281702397c040df7&s=b","rn_cache_url":null,"customStyle":"body{padding-top:10px;}#news_title{font-weight:bold;#titleStyle#;}#news_description span{font-size:12px;#descriptionStyle#;}.footer-note{#statement#}","selectors":".mod-LoadTzbdNews, body","filters":".relate-stock, .hot-list, .recom-box, .wx-sou","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2106257855","pubTimestamp":1611818400,"columns":[],"sourceInfo":{"source_id":"tencent","name":"腾讯"},"weMediaInfo":null,"summary":"瑞信本月中报告，料阿里巴巴2021财年第三季收入2,142.96亿人民币，按年升33%、核心电商收入1,883.58亿人民币按年升33%、估计云业务收入165.92亿人民币按年升55%，估计上季经调整EBITA录610.74亿人民币按手升21%，料其非公认会计准则第三财季净利润546.2亿人民币按年升17.5%，但相关净利润率降至25.5%。该行预计阿里非通用会计准则净利润为567亿人民币按年增加22%，主要受再投资力度加大影响。","collect":0,"end_time":0,"defaultTopTitle":"qq.com","property":[],"viewcount":null,"language":"zh","relate_stocks":{"09988":"阿里巴巴-W"},"translate_title":"[Quarterly Performance Prospect] Brokers Expect Ali (09988. HK) to Earn Nearly 20% More on Non-GAAP in Last Financial Quarter, Pay Attention to Operating and Profit Rate Guidelines","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"48351":0.6,"48385":0.6,"48391":0.6,"48393":0.6,"48394":0.6,"48396":0.6,"48454":0.6,"48469":0.6,"48470":0.6,"48473":0.6,"48480":0.6,"48517":0.6,"48556":0.6,"48557":0.6,"48558":0.6,"48568":0.6,"48580":0.6,"48605":0.6,"48606":0.9,"48609":0.6,"48622":0.6,"48623":0.6,"48669":0.6,"48671":0.6,"48677":0.6,"48687":0.6,"48711":0.6,"09988":1},"content_text":"近月饱受内地反垄断监管风险困扰的科网巨头阿里巴巴(09988.HK)，将于下周一(2月1日)公布截至2020年12月底止2021财年的第三财季业绩，虽然核心商业务收入料保持良好增长，但由于投资力度加大、来自电商同业拼多多等竞争，或令阿里利润率承压，本网综合8间券商料阿里截至去年底止第三财季非公认会计准则净利润介乎539.98亿至573.01亿人民币，较上财年同期464.93亿人民币，按年升16.1%至23.2%，中位数555.95亿元，按年升19.6%。由于公司上财年取得蚂蚁集团33%股份时确认的一次性重大收益，本财年不再录相关收益，本网综合6间券商料阿里截至去年底止2021财年第三财季的普通股股东的净利润介乎364.49亿至522.8亿人民币，较上财年同期523.09亿人民币按年微跌0.06%至下跌30.3%，中位数451.96亿民币，按年跌13.6%。券商普遍关注内地反垄断等监管政策所导致经营调整的风险、金融科技业务重组、电商平台竞争令利润率受压等问题，观望管理层给予最新的相关指引。【料收入续佳 惟利润率降】本网综合13间券商料阿里截至去年底止第三财季的收入介乎2,096.4亿至2,196.14亿人民币，较上财年同期1,614.56亿人民币，按年升29.8%至36%，中位数2,136.34亿民币，按年升32.3%。瑞信本月中报告，料阿里巴巴2021财年第三季收入2,142.96亿人民币，按年升33%(按季增长38%)、核心电商收入1,883.58亿人民币按年升33%(按季升44%)、估计云业务收入165.92亿人民币按年升55%(按季升11%)，估计上季经调整EBITA录610.74亿人民币按手升21%，料其非公认会计准则第三财季净利润546.2亿人民币按年升17.5%，但相关净利润率降至25.5%(对比2020财年第三财季28.8%、2021财年第二财季30.4%)。中金预计阿里巴巴集团2021财年第三季度收入达2,134亿元人民币，按年增长32%，其中核心电商业务(广告和佣金收入)收入1,012亿元人民币按年增长20%，预计经调整后EBITA按年增长19%至604亿人民币，而利润率按下滑约3个百分点至28%，主要因为高鑫零售并表、对营销/淘宝特价版/直播/聚划算等新产品的投资，及部分被亏损业务不断改善的经营杠杆所抵消。该行预计阿里非通用会计准则净利润为567亿人民币按年增加22%，主要受再投资力度加大影响。该行指市场担忧政策不确定性，但认为阿里基本面依然稳健。---------------------------本网综合8间券商料阿里截至去年底止第三财季非公认会计准则净利润介乎539.98亿至573.01亿人民币，较上财年同期464.93亿人民币，按年升16.1%至23.2%，中位数555.95亿民币，按年升18.4%。券商│截至去年底止非公认会计准则第三财季净利润预测│按年变幅安信证券│573.01亿元│+23.2%高盛│571.57亿元│+22.9%中金│566.56亿元│+21.9%广发证券│560亿元│+20.5%花旗│551.9亿元│+18.7%瑞信│546.2亿元│+17.5%交银国际│540.77亿元│+16.3%摩根士丹利│539.98亿元│+16.1%按阿里截至2019年12月底止非公认会计准则第三财季净利润464.93亿人民币推算---------------------------由于公司上财年(截至2019年9月份季度)取得蚂蚁集团33%股份时确认的一次性重大收益，本财年不再录相关收益，本网综合6间券商料阿里截至去年底止第三财季的普通股股东的净利润介乎364.49亿至522.8亿人民币，较上财年同期523.09亿人民币，按年微跌0.06%至下跌30.3%，中位数451.96亿人民币，按年跌13.6%。券商│截至去年底止第三财季净利润预测│按年变幅摩根士丹利│522.8亿元│-0.06%野村│479.73亿元│-8.3%国泰君安│457.07亿元│-12.6%建银国际│446.85亿元│-14.6%广发证券│413.59亿元│-20.9%交银国际│364.49亿元│-30.3%按阿里截至2019年12月底止第三财季净利润523.09亿人民币推算---------------------------本网综合13间券商料阿里截至去年底止第三财季的收入介乎2,096.4亿至2,196.14亿人民币，较上财年同期1,614.56亿人民币，按年升29.8%至36%，中位数2,136.34亿元，按年升32.3%。券商│截至去年底第三财季净收入预测│按年变幅高盛│2,196.14亿元│+36%国泰君安│2,192.24亿元│+35.8%摩根士丹利│2,160.13亿元│+33.8%瑞银│2,147.61亿元│+33%瑞信│2,142.96亿元│+32.7%交银国际│2,140.17亿元│+32.6%安信证券│2,136.34亿元│+32.3%野村│2,136.07亿元│+32.3%广发证券│2,134.31亿元│+32.2%中金│2,133.71亿元│+32.2%建银国际│2,133.27亿元│+32.1%花旗│2,127.94亿元│+31.8%中银国际│2,096.4亿元│+29.8%按阿里截至2019年12月底止收入1,614.56亿人民币推算(wl/t)(报价延迟最少十五分钟。沽空资料截至 2021-01-28 16:25。)","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"tenantId":"TBCN","deviceId":"web-server-community-laohu8-v3","version":"4.43.1","shortVersion":"4.43.1","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2106257855","isCrawlerRequest":true}