En ik blijf erbij, hun accounting is questionable to say the least.
https://deep-throat-ipo.blogspot.com/2018/08/the-baba-20-ffinancial-comedy-gold.html?m=1
Zeer slordige blogpost maar de auteur haalt toch een paar zaken boven die elke investeerder in BABA zou moeten afschrikken.
Een paar van mijn eigen favorieten:
Zoals een tienvoudiging (1000%) van de kantoor oppervlakte, terwijl er slechts 33% meer employees zijn er bijgekomen.
Oftewel 3400 square feet per nieuwe medewerker.
As of March 31, 2017, we occupied facilities around the world with an aggregate gross floor area of office buildings owned by us totaling 558,080 square meters. (6,007,173 square feet)
As of March 31, 2018, we occupied facilities around the world with an aggregate gross floor area of office buildings owned by us totaling approximately 5.7 million square meters. (61,354,800 square feet.)
of dit
As of March 31, 2018, we conducted our business operations across approximately 500 subsidiaries and consolidated entities incorporated in China and approximately 420 subsidiaries and consolidated entities incorporated in other jurisdictions.
That's right, Alibaba now has 920 Separate Operating Entities! Over the last two years Alibaba has created, out of thin air, or acquired, roughly 300 material Operating Companies per year. That's roughly 600 new businesses, one new company every business day for two years. The Alibaba lawyers have been working a ton of overtime. They must be exhausted.
) en de potentie van de Chinese (en bij uitbreiding) Zuid-Oost Aziatische markt, vind ik ze zeker niet te duur in relatie tot hun US counterparts.
