Alibaba Group Holding Ltd. (BABA) balance sheet

NYSE · Consumer Cyclical · Specialty Retail · 132,165 employees · CEO Yongming Wu

Price: $98.04 -1.51%
Market cap: $244B
Enterprise value: CN¥1.72T
Last report: Q1 '27 filed 2026-08-20
Next report: 2026-11-24

At the end of Q1 '27 Alibaba Group Holding Ltd. (BABA) held CN¥428B in cash and short-term investments against CN¥267B of debt incl. leases. Total assets CN¥1.96T, total liabilities CN¥849B, shareholders' equity CN¥1.05T.

Balance sheet

Balance sheet	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26	Q2 '26	Q3 '26	Q4 '26	Q1 '27
Assets
Cash & equivalents	CN¥281B	CN¥295B	CN¥279B	CN¥265B	CN¥228B	CN¥206B	CN¥182B	CN¥183B	CN¥135B	CN¥171B	CN¥173B	CN¥186B
Short-term investments	CN¥331B	CN¥359B	CN¥323B	CN¥230B	CN¥206B	CN¥290B	CN¥283B	CN¥233B	CN¥239B	CN¥210B	CN¥185B	CN¥243B
Receivables	CN¥0	CN¥0	CN¥68.9B	CN¥0	CN¥0	CN¥0	CN¥76.2B	CN¥228B	CN¥233B	CN¥0	CN¥0	CN¥0
Inventory	CN¥0	CN¥0	CN¥25.5B	CN¥0	CN¥0	CN¥0	CN¥18.9B	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0
Other current assets	CN¥146B	CN¥153B	CN¥32.3B	CN¥159B	CN¥175B	CN¥181B	CN¥89.2B	CN¥41.5B	CN¥40.4B	CN¥232B	CN¥251B	CN¥297B
Current assets	CN¥758B	CN¥806B	CN¥747B	CN¥654B	CN¥609B	CN¥678B	CN¥670B	CN¥686B	CN¥647B	CN¥613B	CN¥608B	CN¥725B
Property, plant & equipment (net)	CN¥179B	CN¥181B	CN¥274B	CN¥194B	CN¥208B	CN¥227B	CN¥250B	CN¥221B	CN¥247B	CN¥255B	CN¥282B	CN¥313B
Long-term investments	CN¥456B	CN¥429B	CN¥424B	CN¥535B	CN¥547B	CN¥557B	CN¥568B	CN¥571B	CN¥619B	CN¥650B	CN¥654B	CN¥546B
Goodwill	CN¥267B	CN¥259B	CN¥260B	CN¥260B	CN¥259B	CN¥255B	CN¥256B	CN¥256B	CN¥256B	CN¥246B	CN¥246B	CN¥243B
Intangible assets	CN¥41.6B	CN¥28.3B	CN¥27B	CN¥25.3B	CN¥22.9B	CN¥21.7B	CN¥20.9B	CN¥20.1B	CN¥19.4B	CN¥18.6B	CN¥16.9B	CN¥16.7B
Deferred tax assets	CN¥0	CN¥0	CN¥11.4B	CN¥0	CN¥0	CN¥0	CN¥13.2B	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0
Other non-current assets	CN¥110B	CN¥115B	CN¥23B	CN¥117B	CN¥116B	CN¥117B	CN¥29.7B	CN¥93.3B	CN¥96.9B	CN¥98.4B	CN¥94.6B	CN¥119B
Non-current assets	CN¥1.05T	CN¥1.01T	CN¥1.02T	CN¥1.13T	CN¥1.15T	CN¥1.18T	CN¥1.14T	CN¥1.16T	CN¥1.24T	CN¥1.27T	CN¥1.29T	CN¥1.24T
Total assets	CN¥1.81T	CN¥1.82T	CN¥1.77T	CN¥1.79T	CN¥1.76T	CN¥1.85T	CN¥1.81T	CN¥1.85T	CN¥1.88T	CN¥1.88T	CN¥1.9T	CN¥1.96T
Liabilities
Accounts payable	CN¥287B	CN¥315B	CN¥18.4B	CN¥339B	CN¥322B	CN¥340B	CN¥28.7B	CN¥0	CN¥0	CN¥352B	CN¥359B	CN¥413B
Accrued expenses	CN¥0	CN¥0	CN¥29.6B	CN¥0	CN¥0	CN¥0	CN¥31.8B	CN¥372B	CN¥341B	CN¥0	CN¥0	CN¥0
Short-term debt	CN¥8.19B	CN¥26.3B	CN¥34.9B	CN¥29.9B	CN¥32.7B	CN¥21.5B	CN¥26.5B	CN¥24.6B	CN¥26.3B	CN¥24.7B	CN¥28.1B	CN¥30.6B
Taxes payable	CN¥8.51B	CN¥11B	CN¥17B	CN¥6.87B	CN¥8.12B	CN¥14.4B	CN¥0	CN¥8.94B	CN¥5.59B	CN¥0	CN¥0	CN¥0
Deferred revenue	CN¥73.9B	CN¥72.2B	CN¥72.8B	CN¥74.4B	CN¥77.4B	CN¥78.2B	CN¥68.4B	CN¥68.5B	CN¥71.5B	CN¥72.4B	CN¥77.1B	CN¥79.5B
Other current liabilities	CN¥12.6B	CN¥23.9B	CN¥257B	CN¥12.5B	CN¥3.81B	CN¥3B	CN¥269B	CN¥0	CN¥0	CN¥246M	CN¥235M	CN¥233M
Current liabilities	CN¥390B	CN¥448B	CN¥422B	CN¥463B	CN¥445B	CN¥457B	CN¥436B	CN¥474B	CN¥444B	CN¥460B	CN¥475B	CN¥532B
Long-term debt	CN¥159B	CN¥139B	CN¥142B	CN¥178B	CN¥169B	CN¥210B	CN¥208B	CN¥208B	CN¥255B	CN¥238B	CN¥231B	CN¥236B
Lease obligations (non-current)	CN¥0	CN¥0	CN¥29B	CN¥0	CN¥0	CN¥0	CN¥13.5B	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0
Deferred revenue (non-current)	CN¥3.77B	CN¥4.04B	CN¥4.07B	CN¥4.31B	CN¥4.31B	CN¥4.55B	CN¥4.54B	CN¥4.46B	CN¥4.5B	CN¥4.46B	CN¥4.87B	CN¥4.68B
Deferred tax liabilities	CN¥57.7B	CN¥53.5B	CN¥53B	CN¥54.3B	CN¥54.7B	CN¥55.4B	CN¥48.5B	CN¥47B	CN¥46.8B	CN¥46.3B	CN¥45.9B	CN¥48.7B
Other non-current liabilities	CN¥31.7B	CN¥32.5B	CN¥2.9B	CN¥32.2B	CN¥31.3B	CN¥32.8B	CN¥4.19B	CN¥21.2B	CN¥21.4B	CN¥23.8B	CN¥24.1B	CN¥26.6B
Non-current liabilities	CN¥252B	CN¥230B	CN¥231B	CN¥269B	CN¥260B	CN¥303B	CN¥279B	CN¥280B	CN¥328B	CN¥313B	CN¥306B	CN¥316B
Total liabilities	CN¥642B	CN¥678B	CN¥652B	CN¥732B	CN¥704B	CN¥760B	CN¥715B	CN¥754B	CN¥772B	CN¥773B	CN¥780B	CN¥849B
Equity
Common stock & paid-in capital	CN¥1M	CN¥999K	CN¥1M	CN¥1M	CN¥999K	CN¥1M	CN¥1M	CN¥1M	CN¥1M	CN¥1M	CN¥996K	CN¥1M
Retained earnings	CN¥636B	CN¥616B	CN¥598B	CN¥565B	CN¥593B	CN¥636B	CN¥646B	CN¥648B	CN¥667B	CN¥683B	CN¥706B	CN¥702B
Accumulated other comprehensive income	CN¥20.2B	CN¥14.9B	CN¥18.3B	CN¥19.5B	CN¥16.3B	CN¥21B	CN¥19.4B	CN¥15.9B	CN¥14.7B	CN¥10.2B	CN¥3.54B	-CN¥3.25B
Shareholders' equity	CN¥1.04T	CN¥1.01T	CN¥987B	CN¥938B	CN¥953B	CN¥1T	CN¥1.01T	CN¥1.01T	CN¥1.03T	CN¥1.04T	CN¥1.06T	CN¥1.05T
Debt
Total debt (incl. leases)	CN¥167B	CN¥166B	CN¥206B	CN¥208B	CN¥202B	CN¥232B	CN¥248B	CN¥232B	CN¥282B	CN¥263B	CN¥259B	CN¥267B
Net debt (debt - cash)	-CN¥114B	-CN¥129B	-CN¥73.5B	-CN¥57.4B	-CN¥26.2B	CN¥25.6B	CN¥66.8B	CN¥49B	CN¥147B	CN¥92.3B	CN¥86.1B	CN¥81.1B

Balance sheet	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Assets
Cash & equivalents	CN¥144B	CN¥199B	CN¥190B	CN¥342B	CN¥355B	CN¥225B	CN¥226B	CN¥279B	CN¥182B	CN¥173B
Short-term investments	CN¥7.06B	CN¥10.9B	CN¥13.2B	CN¥32.7B	CN¥162B	CN¥266B	CN¥331B	CN¥323B	CN¥283B	CN¥185B
Receivables	CN¥22.3B	CN¥28.7B	CN¥38.3B	CN¥46.9B	CN¥57B	CN¥71.3B	CN¥64.2B	CN¥68.9B	CN¥76.2B	CN¥0
Inventory	CN¥0	CN¥4.53B	CN¥8.54B	CN¥14.8B	CN¥27.9B	CN¥30.1B	CN¥28.6B	CN¥25.5B	CN¥18.9B	CN¥0
Other current assets	CN¥4.37B	CN¥5.73B	CN¥11.1B	CN¥16.2B	CN¥19.9B	CN¥25.1B	CN¥26.3B	CN¥32.3B	CN¥89.2B	CN¥251B
Current assets	CN¥181B	CN¥255B	CN¥268B	CN¥461B	CN¥641B	CN¥636B	CN¥693B	CN¥747B	CN¥670B	CN¥608B
Property, plant & equipment (net)	CN¥20.2B	CN¥72.3B	CN¥99.7B	CN¥141B	CN¥222B	CN¥254B	CN¥258B	CN¥274B	CN¥250B	CN¥282B
Long-term investments	CN¥152B	CN¥179B	CN¥242B	CN¥351B	CN¥438B	CN¥444B	CN¥453B	CN¥424B	CN¥568B	CN¥654B
Goodwill	CN¥125B	CN¥162B	CN¥265B	CN¥277B	CN¥293B	CN¥270B	CN¥268B	CN¥260B	CN¥256B	CN¥246B
Intangible assets	CN¥14.1B	CN¥27.4B	CN¥68.3B	CN¥60.9B	CN¥70.9B	CN¥59.3B	CN¥46.9B	CN¥27B	CN¥20.9B	CN¥16.9B
Deferred tax assets	CN¥386M	CN¥2.18B	CN¥2.53B	CN¥7.58B	CN¥11.1B	CN¥14.5B	CN¥15.5B	CN¥11.4B	CN¥13.2B	CN¥0
Other non-current assets	CN¥13.5B	CN¥18.9B	CN¥19.5B	CN¥14.2B	CN¥16B	CN¥21B	CN¥18.8B	CN¥23B	CN¥29.7B	CN¥94.6B
Non-current assets	CN¥326B	CN¥462B	CN¥697B	CN¥852B	CN¥1.05T	CN¥1.06T	CN¥1.06T	CN¥1.02T	CN¥1.14T	CN¥1.29T
Total assets	CN¥506B	CN¥716B	CN¥966B	CN¥1.31T	CN¥1.69T	CN¥1.7T	CN¥1.75T	CN¥1.77T	CN¥1.81T	CN¥1.9T
Liabilities
Accounts payable	CN¥0	CN¥0	CN¥0	CN¥6.03B	CN¥11.1B	CN¥13.1B	CN¥17.5B	CN¥18.4B	CN¥28.7B	CN¥359B
Accrued expenses	CN¥8.24B	CN¥11.2B	CN¥14B	CN¥16.8B	CN¥24.9B	CN¥28.4B	CN¥29B	CN¥29.6B	CN¥31.8B	CN¥0
Short-term debt	CN¥14.9B	CN¥6.02B	CN¥22.5B	CN¥7.91B	CN¥17.5B	CN¥13.9B	CN¥17.9B	CN¥34.9B	CN¥26.5B	CN¥28.1B
Taxes payable	CN¥7.67B	CN¥13.7B	CN¥17.7B	CN¥20.2B	CN¥25.3B	CN¥21.8B	CN¥12.5B	CN¥17B	CN¥0	CN¥0
Deferred revenue	CN¥15B	CN¥22.3B	CN¥30.8B	CN¥38.3B	CN¥62.6B	CN¥67.1B	CN¥71.3B	CN¥72.8B	CN¥68.4B	CN¥77.1B
Other current liabilities	CN¥49.4B	CN¥82.5B	CN¥123B	CN¥152B	CN¥236B	CN¥240B	CN¥237B	CN¥257B	CN¥269B	CN¥235M
Current liabilities	CN¥93.7B	CN¥136B	CN¥208B	CN¥242B	CN¥378B	CN¥384B	CN¥385B	CN¥422B	CN¥436B	CN¥475B
Long-term debt	CN¥76.8B	CN¥119B	CN¥112B	CN¥120B	CN¥136B	CN¥133B	CN¥149B	CN¥142B	CN¥208B	CN¥231B
Lease obligations (non-current)	CN¥0	CN¥0	CN¥0	CN¥19.1B	CN¥28.3B	CN¥30.3B	CN¥28.6B	CN¥29B	CN¥13.5B	CN¥0
Deferred revenue (non-current)	CN¥640M	CN¥992M	CN¥1.47B	CN¥2.02B	CN¥3.16B	CN¥3.5B	CN¥3.56B	CN¥4.07B	CN¥4.54B	CN¥4.87B
Deferred tax liabilities	CN¥10.1B	CN¥19.3B	CN¥22.5B	CN¥43.9B	CN¥59.7B	CN¥61.8B	CN¥61.8B	CN¥53B	CN¥48.5B	CN¥45.9B
Other non-current liabilities	CN¥1.29B	CN¥2.04B	CN¥6.19B	CN¥6.17B	CN¥2.54B	CN¥1.62B	CN¥1.83B	CN¥2.9B	CN¥4.19B	CN¥24.1B
Non-current liabilities	CN¥88.8B	CN¥142B	CN¥142B	CN¥191B	CN¥230B	CN¥230B	CN¥245B	CN¥231B	CN¥279B	CN¥306B
Total liabilities	CN¥183B	CN¥277B	CN¥350B	CN¥433B	CN¥607B	CN¥614B	CN¥630B	CN¥652B	CN¥715B	CN¥780B
Equity
Common stock & paid-in capital	CN¥999K	CN¥999K	CN¥1M	CN¥999K	CN¥1M	CN¥1M	CN¥1M	CN¥1M	CN¥1M	CN¥996K
Retained earnings	CN¥108B	CN¥172B	CN¥258B	CN¥406B	CN¥556B	CN¥564B	CN¥599B	CN¥598B	CN¥646B	CN¥706B
Accumulated other comprehensive income	CN¥8.53B	CN¥9.09B	CN¥2.64B	CN¥5.45B	-CN¥11.7B	-CN¥23.4B	CN¥2.56B	CN¥18.3B	CN¥19.4B	CN¥3.54B
Shareholders' equity	CN¥282B	CN¥366B	CN¥493B	CN¥755B	CN¥939B	CN¥950B	CN¥990B	CN¥987B	CN¥1.01T	CN¥1.06T
Debt
Total debt (incl. leases)	CN¥91.6B	CN¥125B	CN¥134B	CN¥147B	CN¥182B	CN¥177B	CN¥196B	CN¥206B	CN¥248B	CN¥259B
Net debt (debt - cash)	-CN¥52B	-CN¥73.9B	-CN¥55.9B	-CN¥195B	-CN¥173B	-CN¥48.6B	-CN¥30.5B	-CN¥73.5B	CN¥66.8B	CN¥86.1B

Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in CNY.

Cash, investments and debt

quarter ends

The other statements

Income statementRevenue, costs, operating income, net income and EPSOpen Cash flowOperating cash flow, capex, free cash flow, buybacks and dividendsOpen

Sources

Statements, segment revenue, metrics and estimates: Financial Modeling Prep.

Data as of 2026-11-01 · Amounts in CNY as reported; price and market cap in USD.