BABA
Alibaba Group Holding Limited
BABA's fundamentals are weak: its operating margin fell 10 points to 4.2% and free cash flow turned negative, though revenue grew 4.3%. Its PE isn't a useful guide right now because of how its recent earnings were reported.
BZUN
Baozun Inc.
There isn't enough reported data to score BZUN yet.
BABA Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Under pressure | |
| Weak | |
| Healthy |
BABA's balance sheet is currently healthy, and its revenue is stable, but its profitability and cash flow are under pressure.
BZUN Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| Stable | |
| Weak |
BZUN's revenue is currently healthy, and its profitability and cash flow are stable, but its balance sheet is weak.
BABA PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 16x | $69.66 | -26% |
| Fair | 20x | $86.59 | -8.2% |
| Current | 21x | $94.36 | — |
| Expensive | 26x | $115 | +22% |
Historical ranges are pointers, not guarantees.
BABA's PE is 21x, but its earnings don't support one, so it isn't a reliable read right now.
BZUN PE Valuation
BZUN has no meaningful PE right now: it lost money over the past year.
BABA Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for BABA, with profitability improving. However, they disagree widely on these estimates.
BZUN Forward outlook
There aren't enough analyst estimates for BZUN to show an outlook.
BABA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $4.42 | -52% |
| Q1 2026 | $6.57 | -18% |
| Q4 2025 | $5.79 | -22% |
| Q3 2025 | $7.85 | +49% |
| Q2 2025 | $9.27 | +116% |
| Q1 2025 | $8.06 | +71% |
| Q4 2024 | $7.47 | +24% |
| Q3 2024 | $5.26 | -35% |
BABA has the edge over BZUN on earnings quality, reporting a profit while its opponent remains loss making.
BZUN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$0.35 | +$0.12 |
| Q1 2026 | -$0.49 | -$0.04 |
| Q4 2025 | -$0.63 | -$0.17 |
| Q3 2025 | -$0.53 | +$0.05 |
| Q2 2025 | -$0.47 | +$0.21 |
| Q1 2025 | -$0.45 | +$0.21 |
| Q4 2024 | -$0.46 | +$0.23 |
| Q3 2024 | -$0.58 | +$0.63 |
BZUN is still losing money, but far less than before: $0.35 per share over the past year, against $1.51 at its worst in late 2022.
BABA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $40.2B | +8.3% |
| Q1 2026 | $36.5B | +2.9% |
| Q4 2025 | $42.7B | +1.7% |
| Q3 2025 | $37.2B | +4.8% |
| Q2 2025 | $37.2B | +1.8% |
| Q1 2025 | $35.5B | +6.6% |
| Q4 2024 | $42B | +7.6% |
| Q3 2024 | $35.5B | +5.2% |
BABA's revenue has grown year over year for 16 quarters in a row: $40.2B last quarter, up 8.3% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 7.2% | -6.9 points |
| Q1 2026 | -0.3% | -12 points |
| Q4 2025 | 7.1% | -7.6 points |
| Q3 2025 | 2.2% | -13 points |
| Q2 2025 | 14% | -0.7 points |
| Q1 2025 | 12% | +5.4 points |
| Q4 2024 | 15% | +6.1 points |
| Q3 2024 | 15% | 0 points |
BABA has the edge over BZUN on profitability, with a higher operating margin.
BZUN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $410.5M | +7.2% |
| Q1 2026 | $357.3M | +15% |
| Q4 2025 | $476.1M | +5.9% |
| Q3 2025 | $323.6M | +4.8% |
| Q2 2025 | $383.1M | +6.8% |
| Q1 2025 | $309.8M | +4.3% |
| Q4 2024 | $449.4M | +7.7% |
| Q3 2024 | $308.7M | +13% |
BZUN has the edge over BABA on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 1.6% | +2 points |
| Q1 2026 | 0% | +4.1 points |
| Q4 2025 | 6.1% | +3.7 points |
| Q3 2025 | -1.2% | +4.4 points |
| Q2 2025 | -0.4% | +0.4 points |
| Q1 2025 | -4.1% | -1.3 points |
| Q4 2024 | 2.4% | +2.2 points |
| Q3 2024 | -5.6% | +1.9 points |
BZUN's operating margin was 1.6% last quarter, up 2 points from the same quarter a year ago.
BABA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$6.7B | -$4.1B |
| Q1 2026 | -$2.7B | +$1.5B |
| Q4 2025 | $1B | -90% |
| Q3 2025 | -$3.2B | -254% |
| Q2 2025 | -$2.7B | -182% |
| Q1 2025 | -$4.2B | -12231% |
| Q4 2024 | $10.4B | -4.8% |
| Q3 2024 | $2.1B | -62% |
BABA's free cash flow has turned negative after years in the green: −$11.6B over the past year.
BZUN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $0 | $0 |
| Q1 2026 | $0 | $0 |
| Q4 2025 | $40M | +$40M |
| Q3 2025 | $0 | $0 |
| Q2 2025 | $0 | $0 |
| Q1 2025 | $0 | $0 |
| Q4 2024 | $0 | $0 |
| Q3 2024 | $0 | $0 |
BZUN has the edge over BABA on cash generation, producing positive trailing cash flow while its opponent burns cash.
BABA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.5% | +11.1M shares |
| 1 year | +0.9% | +21.4M shares |
| 3 years | -6.2% | -161M shares |
| 5 years | -12% | -339M shares |
| Available history | -8.4% | -221M shares |
BABA has the edge over BZUN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | $269.8M |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
BABA spent $270M buying back its own shares over the past year, after none the year before.
BZUN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.4% | +823K shares |
| 1 year | +2% | +1.1M shares |
| 3 years | -0.6% | -335K shares |
| 5 years | -21% | -16M shares |
| Available history | -1.2% | -712K shares |
BZUN has 59M diluted shares, up 2% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | $1.5M |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
BZUN spent $2M buying back its own shares over the past year, after none the year before.
BABA Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 0.5x | Very low |
| Q1 2026 | 0.5x | Very low |
| Q4 2025 | 0.6x | Very low |
| Q3 2025 | 0.8x | Very low |
| Q2 2025 | 0.2x | Very low |
| Q1 2025 | 0.3x | Very low |
| Q4 2024 | 0.1x | Very low |
| Q3 2024 | -0.2x | Net Cash |
BABA's net debt is less than a year of its operating earnings (EBITDA).
BZUN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q1 2025 | 141.2x | High |
| Q4 2024 | 12.1x | High |
| Q4 2021 | -6.6x | Net Cash |
| Q3 2021 | 2.6x | Moderate |
| Q2 2021 | -0.5x | Net Cash |
| Q1 2021 | -0.6x | Net Cash |
| Q4 2020 | -1.3x | Net Cash |
| Q3 2020 | -2.2x | Net Cash |
BZUN's net debt is more than 20 years of its operating earnings (EBITDA), after holding more cash than debt a year ago.
BABA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 38.0 | Neutral |
| Stochastic | 12.7 | Oversold |
BABA's weekly RSI is 38 (neutral) and its Stochastic is 13 (oversold).
BZUN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 60.4 | Neutral |
| Stochastic | 59.0 | Neutral |
BZUN's weekly RSI is 60 (neutral) and its Stochastic is 59 (neutral).
BABA PE vs Consumer Cyclical Sector
| Metric | BABA | Sector median | Relative |
|---|---|---|---|
| PE | 21x | 18x | 19% above |
| PE % | 60 | 47 | 13 pts above |
BABA is trading at 21x earnings, a 19% premium to the Consumer Cyclical sector's median of 18x, though its earnings don't support one.
BZUN PE vs Consumer Cyclical Sector
| Metric | BZUN | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 18x | — |
BZUN has no meaningful PE right now: it lost money over the past year.
BABA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $104.7 | 9.9% below |
| 20 week MA | $111.1 | 15% below |
| 50 week MA | $128.0 | 26% below |
| 100 week MA | $127.7 | 26% below |
| 200 week MA | $106.4 | 11% below |
BABA is in a downtrend: it's below all five of its weekly moving averages, and 11% below its 200-week average.
BZUN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $3.36 | 3.6% above |
| 20 week MA | $3.02 | 15% above |
| 50 week MA | $2.80 | 24% above |
| 100 week MA | $2.95 | 18% above |
| 200 week MA | $3.22 | 8.1% above |
BZUN has the edge over BABA on trend strength, trading above more of its moving averages.
BABA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $215.5 | $222.0 | +3% |
| 2021 | $222.0 | $118.7 | -47% |
| 2022 | $118.7 | $85.7 | -28% |
| 2023 | $85.7 | $77.5 | -9.5% |
| 2024 | $77.5 | $85.1 | +9.7% |
| 2025 | $85.1 | $152.2 | +79% |
| 2026 YTD | $152.2 | $94.4 | -38% |
BABA has finished lower in three of the last six years. It's down 38% so far in 2026.
BZUN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $33.3 | $32.0 | -4% |
| 2021 | $32.0 | $14.0 | -56% |
| 2022 | $14.0 | $5.01 | -64% |
| 2023 | $5.01 | $2.74 | -45% |
| 2024 | $2.74 | $2.90 | +5.8% |
| 2025 | $2.90 | $2.70 | -6.9% |
| 2026 YTD | $2.70 | $3.48 | +29% |
BZUN has the edge over BABA on returns for 2026, with the stronger performance.