Alibaba Pictures Group Limited (1060) AI Stock Analysis

• Market Cap: HK$15.24B
• Dividend Yield: N/A
• Average Volume (3M): 70.50M
• Price to Earnings (P/E): 79.7
• Beta (1Y): 1.18
• Revenue Growth: 24.36%
• EPS Growth: -18.99%
• Country: HK
• Employees: 1,556
• Sector: Communication Services
• Sector Strength: 81
• Industry: Entertainment
• EPS (TTM): <0.01
• Shares Outstanding: 29,875,865,000
• 10 Day Avg. Volume: 33,993,135
• 30 Day Avg. Volume: 70,498,361
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: HK$0.55
• Price Target Upside: 7.84% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

Alibaba Pictures Group Limited's overall stock score reflects strong financial performance, with notable improvements in revenue and profitability, alongside a solid balance sheet. However, technical analysis suggests potential resistance and mixed momentum signals, while the high P/E ratio raises concerns about overvaluation. These factors combine to produce a moderate score, indicating a need for cautious optimism pending further growth validation.

Alibaba Pictures Group Limited Business Overview & Revenue Model

Company Description

Alibaba Pictures Group Limited (1060) is a leading Chinese film and television entertainment company that operates within the broader Alibaba Group ecosystem. It is engaged in content production, distribution, and marketing, as well as cinema ticketing and related services. The company aims to leverage its strong digital and e-commerce platforms to innovate and transform the entertainment industry.

How the Company Makes Money

Alibaba Pictures generates revenue through multiple channels, primarily focusing on film and television production and distribution. The company creates and acquires content, which it then distributes through various platforms, including cinemas, online streaming services, and television networks. Additionally, Alibaba Pictures benefits from its integration with other Alibaba Group services, such as leveraging big data for targeted marketing and utilizing the Alipay platform for ticketing transactions. Its online ticketing platform, Taopiaopiao, also contributes significantly to its revenue by facilitating cinema ticket sales and offering promotional services to moviegoers. Strategic partnerships with other entertainment companies and collaborations within the Alibaba ecosystem further enhance its revenue potential.

Alibaba Pictures Group Limited Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown
Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
5.04B	3.52B	3.65B	2.86B	2.87B
	Gross Profit
2.22B	1.13B	1.50B	1.39B	1.57B
	EBIT
309.68M	-220.97M	204.79M	231.75M	-470.94M
	EBITDA
355.03M	-13.01M	239.40M	-18.07M	-443.35M
	Net Income Common Stockholders
284.79M	-278.91M	169.85M	-117.19M	-1.17B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
7.42B	3.92B	3.55B	3.90B	4.41B
	Total Assets
21.46B	15.57B	15.58B	15.54B	15.85B
	Total Debt
544.30M	145.77M	177.25M	326.47M	702.49M
	Net Debt
-3.87B	-3.77B	-3.36B	-3.57B	-3.30B
	Total Liabilities
5.64B	1.46B	1.53B	1.70B	1.87B
	Stockholders Equity
15.72B	14.07B	14.02B	13.79B	13.90B
Cash Flow		Free Cash Flow
810.31M	570.51M	-514.17M	242.49M	-787.99M
	Operating Cash Flow
822.19M	580.36M	-497.63M	264.95M	-776.15M
	Investing Cash Flow
-298.76M	-232.78M	262.02M	54.37M	1.67B
	Financing Cash Flow
-93.55M	-48.32M	-80.46M	-387.75M	-420.18M

Alibaba Pictures Group Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.51
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1060, the sentiment is Positive. The current price of 0.51 is above the 20-day moving average (MA) of 0.50, below the 50-day MA of 0.53, and above the 200-day MA of 0.47, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 49.28 is Neutral, neither overbought nor oversold. The STOCH value of 70.37 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1060.

Alibaba Pictures Group Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2208	74 Outperform	$36.38B	11.71	5.64%	2.31%	10.95%	28.53%
2343	73 Outperform	$8.70B	8.72	7.27%	5.97%	12.03%	20.45%
1982	68 Neutral	HK$1.73B	4.67	14.66%	17.50%	4.95%	94.03%
Sector *	59 Neutral	$13.76B	7.65	-2.18%	3.85%	2.32%	-36.56%
1060	58 Neutral	HK$15.24B	79.69	1.34%	―	24.36%	-18.99%
1833	50 Neutral	HK$16.32B	93.56	0.96%	―	1.01%	―
2000	42 Neutral	$705.74M	2.57	-6.17%	―	-21.06%	-127.50%

Alibaba Pictures Group Limited Corporate Events

Alibaba Pictures Enters Lease Agreement for Office Premises

Alibaba Pictures Group Limited, through its subsidiary Zhonglian Shengshi, has entered into a lease agreement with Chuanfu Yunxi for office premises, valued at approximately RMB212 million. This connected transaction, involving entities associated with Alibaba Holding, is subject to reporting requirements under Hong Kong’s Listing Rules but does not require independent shareholders’ approval.

Alibaba Pictures Renews Key Agreements to Enhance Operations

Alibaba Pictures Group Limited has announced the renewal of its continuing connected transactions through new agreements with Cainiao and Youku Information, both entities associated with Alibaba Holding. These agreements, effective from March 31, 2025, aim to maintain and enhance the company’s technological and cooperative capabilities, potentially strengthening its market position and operational efficiency.

Alibaba Pictures Revises Annual Caps Amid Growing Cloud Service Demand

Alibaba Pictures Group Limited has announced a revision of its annual caps for continuing connected transactions under the Cloud Services Framework Agreement. The company anticipates that the original caps will not meet its business needs due to stronger-than-expected performance and increased demand for cloud services. As a result, the board has proposed increasing the caps for the financial years ending March 31, 2025, 2026, and 2027. This revision reflects the company’s growth trajectory and its reliance on cloud services to support its operations, potentially impacting its financial planning and stakeholder interests.