Alibaba

9988.HK · Consumer Discretionary · Hang Seng · HKD

Latest observation

Q1 2026

Reality Gap Values

RG8 Q1 2026 1.4

RG10 Q1 2026 1.2

RG12 Q1 2026 1.1

Trend (RG10 vs prior period)

-- Strongly Declining

Supporting Data (Q1 2026)

Market Capitalisation	HKD 2,105.6B
Tangible Equity (TE)	HKD 785.6B
Smoothed Earnings G (4yr avg)	HKD 96.9B
Net Income (this period)	HKD 102.2B

Values in HKD billions.

Historical RG Overview

Period	Mkt Cap (HKD B)	TE (HKD B)	RG8	RG10	RG12
Q1 2026	2,105.6	785.6	1.4	1.2	1.1
Q4 2025	2,884.1	785.6	1.9	1.6	1.5
Q3 2025	2,893.8	785.6	1.8	1.6	1.4
Q2 2025	2,026	785.6	1.2	1.1	1.0
Q1 2025	2,104	785.6	1.3	1.1	1.0
Q1 2024	1,281.8	785.6	0.9	0.8	0.8

RG10 Trend

RG8 RG10 RG12

Shorter history than other companies.

Data Note

Computed via yfinance. Historical end-of-quarter closing price × current shares outstanding. Older quarters estimated from annual NI / 4. Approximation.

All data is illustrative and for research purposes only. Not investment advice. Market cap for historical periods approximated as shares outstanding × year-end closing price (H-share basis).