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Ant Group, what a profitable beast!

Release time：2023-11-16 Source：Dongguan Lanhui Shoe Materials Co., Ltd

Ant Group, what a profitable beast!
June 17, 2022 Information source: US China Footwear Industry Network

Talking about Ant Group, there are three keywords: money, opportunities, and rumors. It has been a year and a half since Ant Group's listing was suspended. At the same time, with Jack Ma's controversial speech, facing antitrust investigations, and the stock price dropping to the issuance price, the biggest question from the outside world about Alibaba is: can it still be done?

Of course, not everything will develop in the direction people imagine the plot.

As the largest financial giant in China, Ant Group has never stopped making money. How much money does it make?

According to Alibaba's financial report, Ant Group contributed a total investment income of RMB 24.084 billion to Alibaba in the fiscal year 2022 (April 2021 March 2022), of which RMB 7.275 billion was contributed in the fourth fiscal quarter.

In the past three fiscal years, Ant Group's net profit was 18.07 billion yuan, 57.53 billion yuan, and 72.98 billion yuan, respectively.

How terrifying is this revenue generating capability? Taking 2021 data as an example, we compare some Chinese concept stock companies in the United States:
Lujinsuo Holdings has a total revenue of 61.8 billion yuan and a net profit of 16.7 billion yuan in 2021
360 Digital Science has a net revenue of 16.6356 billion yuan and a net profit of 5.7817 billion yuan for the entire year of 2021
Lexin's annual revenue in 2021 was 11.381 billion yuan, with a net profit of 2.334 billion yuan
Xinye Technology (Paipai Loan) achieved a revenue of 9.470 billion yuan and a net profit of 2.509 billion yuan in 2021
Compared to the aforementioned companies, Ant Group can be described as standing on top of the crowd.
This level of profitability, even compared to the domestic banking industry, can still rank ninth, closely following the six major state-owned banks, China Merchants Bank, and Industrial Bank.
Some professionals point out that if calculated based on the original IPO valuation of 2 trillion yuan, Ant's P/E ratio is close to 30 times, which is basically the same as VISA and PayPal, and lower than MasterCard.
Of course, there is one particular point that needs to be pointed out here.
The growth of Ant Group's net profit last year was mainly due to the harvest period of overseas investment, which maintained the overall profit growth. Its actual business operations were indeed affected.
With so much money, what benefits can Alibaba gain from it?
The answer is certainly beyond doubt.
In March of this year, almost all the attention from the outside world was focused on the 315 party. Pickled Chinese cabbage in the earth pit becomes a lingering pain.
At that time, few people noticed that Ant Group had approved the company's dividend proposal through the shareholders' meeting. Announcing the news at this time point can be considered a great effort.
As of March 31, Alibaba Group's dividend receivable was 3.94 billion yuan. According to calculations, the overall dividend scale of Ant Group is around 12 billion yuan, with a dividend ratio of about 30%.
Actually, these are not what the outside world is most concerned about.
What people most want to know is how much money can Teacher Ma, who is "happiest when there is no money", share?
If you are very curious, then based on the picture below, calculate it yourself, and it will always be more profound than what others say.

Although this money has nothing to do with us at all.
Entering June, the Ant Group seems to be breaking its low profile, with several actions attracting attention.
First of all, here comes a 'Iron Lady'.
Recently, Ant Group updated its official website and hired two new women, Yang Xiaolei and Shi Meilun, as independent directors. The proportion of independent directors on the board of directors has increased to 50%, with female directors accounting for over one-third.
Among them, Shi Meilun, known as the "Iron Lady", won this title due to her strict regulatory style during her tenure with the Hong Kong Securities Regulatory Commission.

Shi Meilun served as the Vice Chairman of the China Securities Regulatory Commission and currently serves as the Chairman of the Hong Kong Stock Exchange. According to media statistics, Smithsonian has also served as a director of five Hong Kong stock companies, including Bank of Communications, China Telecom, Hong Kong Clearing House, HSBC Holdings, and Dechang Electric.
At present, in the board of directors of Ant Group, including Hao Quan, there are a total of three female directors, accounting for over one-third.
The intention of this action is self-evident.
The second is a new move overseas.
As one of the first approved digital banks in Singapore, ANEXT Bank, a wholly-owned subsidiary of Ant Group, opened in Singapore in early June.
What is the significance of this action? In the official manuscript of Ants, it is described as follows:
For Ant, initiating the establishment of a digital bank in Singapore is a crucial step in upgrading Ant International's business in Southeast Asia.
And Sopnendu Mohanty, the Chief Financial Technology Officer of the Monetary Authority of Singapore, even generously praised:
This marks another milestone in the development of Singapore's banking industry.
It can be seen that neither the suspension of IPO nor the heavy regulatory pressure have prevented the progress of this golden giant.
A report from The Verge states that Ant Group's license has hope!
According to the news, China's ZJH has established a working group to evaluate the feasibility of restarting Ant Group's domestic listing.
The news also stated that the JG institution's application for taking photos of Ant Group Financial Holding Company is nearing the final stage before approval.
For such reports from foreign media, if you believe them too much, you may accidentally become leeks.
Just like Didi, when its stock price was around $10, news of a settlement reached by paying a huge fine spread widely. How many chives ran in and aggressively increased their holdings, resulting in the stock price plummeting to $2.
This method of releasing smoke bombs outside the walls is too familiar for domestic internet companies.
This rumor has attracted considerable attention. Just last night, Ant Group responded on its official WeChat account:

This announcement is very brief, but when you take a closer look, it actually contains a lot of information.
If Ant Group could relist a few years ago and there had been no outbreak of the epidemic, it would probably not have been possible.
However, at this special moment, everything is possible.

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Ant Group, what a profitable beast!

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