Alibaba (9988) Financial Ratio Screen

HKSE Consumer Cyclical Hong Kong HKD 2341574M
RATIOS FAIL*
Automated financial screen · activity assessed separately
Alibaba (9988) is potentially non-compliant in the automated ratio model. Alibaba operates in the Consumer Cyclical sector.

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MSCI new-inclusion financial-ratio snapshot

9988 financial screening at a glance

RATIOS FAIL*Financial ratios shown separately from business review — not a fatwa
Debt ratio
13.8%
Pass vs 30%
Cash ratio
23.7%
Pass vs 30%
Receivables + cash
30.9%
Fail vs 30%
Impermissible income
2.1%
Pass vs 5%

Calculation date: 2026-08-31. Financial period used: March 2025. The ratios are automated proxies inspired by published methodologies; they are not official index determinations.

Independent method comparison

What the available screens say

How MSCI, FTSE and S&P-style screens differ
Request this stock review
MSCI-styleFinancial criteria not metAt least one available ratio exceeds its threshold
FTSE/Yasaar-styleFinancial criteria passedActivity is assessed separately
S&P-style provisionalNot yet availableRequired denominator or financial data is incomplete
Business activityAssessment pendingFinancial results do not determine business permissibility
Complete screening result: not yet completeA complete result requires both supported financial criteria and adequate activity evidence. This site does not issue a fatwa or official index decision.
Financial periodMarch 2025Calculation date2026-08-31S&P-style historynot availableLast activity reviewnot yet reviewed

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Business activity evidence

Activity assessment in progress

The supplied classification (Internet Retail) is only a starting point. Revenue evidence is being assessed before any complete screening conclusion.

Revenue segments: Not yet checked against an SEC annual filing.

Profile description reviewed: Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally. It operates digital retail platforms under the Taobao and Tmall names; wholesale marketplaces through 1688.com and Alibaba.com; global e-commerce platform under the AliExpress name; e-commerce platforms under the Lazada, Trendyol, and Daraz names; and consumer-to-consumer community and marketplace under the Tmall Global, Tmall Supermarket, and Xianyu names. The company also operates Cainiao, an e-commerce logistics solution; Ele.me, an on-demand delivery and local services platform; and Amap, a provider of mobile digital map, navigation, and real-time traffic information; Youku, an online video platform; and Damai Entertainment that provides content production, promotion and distribution, performance and event ticketing management, IP-related licensing and operations, cinema ticketing management, and internet data services for the entertainment industry. In addition, it provides elastic computing, storage, network, security, database, big data, cloud native, and Alibaba cloud model studio services; and hardware, software license and installation, and application development and maintenance services, as well as sells membership packages and subscriptions. Further, the company offers Freshippo, a retail platform for groceries and goods; Alibaba Health for medical and healthcare solutions; mobile games under the Lingxi Games name; UC Browser, an information service platform; Quark, an information services platform for young users; Fliggy, an online travel platform; and DingTalk, a collaboration workplace and enterprise management platform. It also offers the Alibaba Token Hub (ATH) Business, which develops multimodal foundation models; the MaaS Business Line, which builds AI technical infrastructure; and the Qwen Business Unit, which is responsible for a personal AI assistant. Alibaba Group Holding Limited was incorporated in 1999 and is based in Causeway Bay, Hong Kong.

Sources to verify: Secondary company profile and classification · Issuer website

A sector label or company description can flag a risk but cannot establish a compliant-revenue percentage. Only sourced segment disclosures may support that calculation.

Published-ratio reproductions (not certifications)

The table shows implemented MSCI and FTSE/Yasaar-style asset-based models plus a provisional S&P-style leverage reconstruction where a complete 36-month denominator exists. These are independent calculations, not official index results or Shariah determinations. See formulas, sources and limitations.

Based on financial data from March 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
MSCI 13.8%
/ 30%
23.7%
/ 30%
30.9%
/ 30%
2.08%
/ 5%
RATIOS FAIL*
FTSE 13.8%
/ 33%
23.7%
/ 33%
30.9%
/ 50%
2.08%
/ 5%
FINANCIAL SCREEN PASSED*

Financial Highlights

P/E Ratio
22.4
Forward: 15.5
EPS
$5.48
Dividend Yield
84.0%
Payout: 19.5%
P/B Ratio
0.2
EV/EBITDA
16.5
EV: $2.3T
Revenue
$996.3B
Growth: 1.7%
Beta
0.4
Low volatility
Current Ratio
1.3

Profitability

Gross Margin 40.8%
Operating Margin 7.1%
Net Margin 8.9%
Return on Equity (ROE) 8.2%
Return on Assets (ROA) 3.1%

Cash Flow & Balance Sheet

Operating Cash Flow$163.5B
Free Cash Flow$77.5B
Total Debt$248.1B
Debt-to-Equity25.9
Current Ratio1.3
Total Assets$1.8T

Price & Trading

Last CloseHKD 123.00
50-Day MAHKD 147.12
200-Day MAHKD 143.79
Avg Volume88.4M
Beta0.4
52-Week Range
HKD 95.70
HKD 186.20

Financial data provenance and verification

The displayed fields were imported from yfinance on 2026-03-29 for the financial period March 2025. This is a secondary data feed and can differ from amended or newly filed statements.

Verification rule: check debt, cash, receivables, revenue and interest income against the latest primary filing before relying on an automated ratio.

About Alibaba (9988)

CEO
Mr. Yongming Wu
Employees
128,197
Sector
Consumer Cyclical
Industry
Internet Retail
Country
Hong Kong
Exchange
HKSE
Market Cap (listing currency)
HKD 2341574M
Currency
HKD

Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally. It operates digital retail platforms under the Taobao and Tmall names; wholesale marketplaces through 1688.com and Alibaba.com; global e-commerce platform under the AliExpress name; e-commerce platforms under the Lazada, Trendyol, and Daraz names; and consumer-to-consumer community and marketplace under the Tmall Global, Tmall Supermarket, and Xianyu names. The company also operates Cainiao, an e-commerce logistics solution; Ele.me, an on-demand delivery and local services platform; and Amap, a provider of mobile digital map, navigation, and real-time traffic information; Youku, an online video platform; and Damai Entertainment that provides content production, promotion and distribution, performance and event ticketing management, IP-related licensing and operations, cinema ticketing management, and internet data services for the entertainment industry. In addition, it provides elastic computing, storage, network, security, database, big data, cloud native, and Alibaba cloud model studio services; and hardware, software license and installation, and application development and maintenance services, as well as sells membership packages and subscriptions. Further, the company offers Freshippo, a retail platform for groceries and goods; Alibaba Health for medical and healthcare solutions; mobile games under the Lingxi Games name; UC Browser, an information service platform; Quark, an information services platform for young users; Fliggy, an online travel platform; and DingTalk, a collaboration workplace and enterprise management platform. It also offers the Alibaba Token Hub (ATH) Business, which develops multimodal foundation models; the MaaS Business Line, which builds AI technical infrastructure; and the Qwen Business Unit, which is responsible for a personal AI assistant. Alibaba Group Holding Limited was incorporated in 1999 and is based in Causeway Bay, Hong Kong.

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Frequently Asked Questions

Is Alibaba (9988) halal to invest in?

The current automated result is Financial criteria not met or an activity exclusion was detected. It uses available public financial fields and simplified methodology proxies. It is not a fatwa or an official determination by AAOIFI, DJIM, MSCI, S&P, or FTSE.

What is Alibaba's debt ratio?

Alibaba's debt ratio is 13.8% in the MSCI new-inclusion reproduction: total debt divided by total assets, against a 30% threshold. See the methodology page for the official source and limitations.

What are Alibaba's key financial metrics?

Alibaba has a market capitalization of HKD 2341574M in its listing currency, trailing P/E ratio of 22.4, and revenue of $996.3B. The company maintains a gross margin of 40.8% and a net margin of 8.9%. Return on equity stands at 8.2%.

How often is the screening data updated?

Calculation date: 2026-08-31. Financial period: March 2025. These dates are shown separately because regenerating this page does not refresh the underlying data.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.