ALIBABA HEALTH INFORMATION TECHNOLOGY LIMITED 阿里健康信息技術有限公司 00241 2,442.6 652.8 414.2% 248.7% 2,149.1 171.1 1
47.7%109.0 1 8.0 2017 2,149.1 1,500 GMV 2 2017 GMV 300 23,000 5 2,800 2 7,500 2,865 1 2 GMV 2
% 2,442,618 475,078 414.2 2,149,107 313,686 585.1 171,079 40,341 324.1 24,353 96,305 (74.7) 98,079 24,746 296.3 652,824 187,243 248.7 26.7% 39.4% (109,034) (208,653) (47.7) 117,034 110,324 6.1 8,000 (98,329) 3
4 2,442,618 475,078 (1,789,794) (287,835) 652,824 187,243 (338,763) (67,768) (201,094) (113,090) (121,251) (95,740) (126,220) (108,580) 4 52,393 17,354 (11,855) (24,679) (10,126) (6,886) 7,949 9,480 998 (4,433) 5 (95,145) (207,099) 6 (13,889) (1,554) (109,034) (208,653) (106,974) (207,626) (2,060) (1,027) (109,034) (208,653) 7 (1.16) (2.54) 4
(109,034) (208,653) (69,750) 62,550 (69,750) 62,550 (178,784) (146,103) (176,724) (145,076) (2,060) (1,027) (178,784) (146,103) 5
6,274 5,065 19,123 19,123 62,593 42,644 950,973 524,801 55,921 54,304 222,848 1,094,884 868,785 442,231 151,505 8 91,373 38,501 78,924 39,835 4,100 10,300 2,268 914 1,397,197 569,860 2,016,093 810,915 9 323,310 125,862 137,629 189,462 716 111,160 38,148 7,423 580,238 353,472 1,435,855 457,443 2,530,739 1,326,228 6
200,000 7,682 6,566 7,682 206,566 2,523,057 1,119,662 86,617 72,481 (5,474) (91) 2,499,105 1,105,446 2,580,248 1,177,836 (57,191) (58,174) 2,523,057 1,119,662 7
72,481 1,907,220* (91) 25,037* 77,335* 83,410* 104,282* 13,468* (1,105,306)* 1,177,836 (58,174) 1,119,662 (106,974) (106,974) (2,060) (109,034) (69,750) (69,750) (69,750) (69,750) (106,974) (176,724) (2,060) (178,784) 3,672 1,465,002 1,468,674 1,468,674 164 (164) 10,300 3,821,342 (3,828,605) 3,037 3,037 (13,129) (13,129) (13,129) 10 117,034 117,034 117,034 61,955 7,910 (69,865) (8,971) 8,971 3,000 3,000 (43) (43) 43 3,563 3,563 3,563 86,617 7,255,519* (5,474) (3,828,605)* 28,557* 77,335* 13,660* 142,480* 13,468* (1,203,309)* 2,580,248 (57,191) 2,523,057 * 2,499,105,000 1,105,446,000 8
72,305 1,863,621 33,979 77,335 20,860 37,472 13,468 (897,680) 1,221,360 (66,089) 1,155,271 (207,626) (207,626) (1,027) (208,653) 62,550 62,550 62,550 62,550 (207,626) (145,076) (1,027) (146,103) 10 110,324 110,324 110,324 249 (79) 170 170 85 43,350 (43,435) 91 (91) (8,942) (8,942) 8,942 72,481 1,907,220 (91) 25,037 77,335 83,410 104,282 13,468 (1,105,306) 1,177,836 (58,174) 1,119,662 9
(95,145) (207,099) (7,949) (9,480) (998) 4,433 4 (13,206) (11,567) 4 (1,617) (404) 5 6,200 5 (4) (17) 4 (4,550) 5 6,393 6,886 5 3,733 5 4,508 4,618 5 1,167 2,710 5 1,706 5 14,469 3,565 5 2,363 (31,760) 17,298 5 117,034 110,324 5,188 (81,577) (54,039) (41,105) (36,521) (16,833) (307,558) (152,176) 197,448 121,464 54,024 26,728 716 (86,873) 73,012 (1,730) (1,354) (614) (9,513) (2,349) (78,597) (235,065) 8,836 9,088 4,839 (5,350) (269) (70,272) (226,246) 10
(5,731) (2,140) 13 76 222,848 (222,848) (19,675) (10,300) (527,166) (320,255) (12,000) (888,778) 416,390 (1,210,814) (158,752) 170 1,468,674 (13,129) 595,931 200,000 (795,931) (735) (10,428) (6,584) 3,000 1,248,117 192,851 (32,969) (192,147) (28,472) 47,589 569,860 714,418 508,419 569,860 11
288,910 145,225 219,509 424,635 888,778 1,397,197 569,860 (888,778) 508,419 569,860 12
1 2 7 12 12 12 (a) (b) (c) 7 12 12 12 B10 B16 12 13
3. 14
4. 2,149,107 313,686 171,079 40,341 24,353 96,305 98,079 24,746 2,442,618 475,078 13,206 11,567 1,617 404 # 5,326 * 4,550 4 17 31,765 475 816 52,393 17,354 # * 30,000 15
5. 1,228 1,144 * 1,711,194 249,856 * 53,755 33,241 ** 6,393 6,886 ** 3,733 4,508 4,618 (4) (17) 13,347 11,965 *** 1,167 2,710 *** 1,706 * 14,469 3,565 *** 2,363 *** 6,200 145,403 102,878 46,752 27,485 # 14,350 9,993 117,034 110,324 323,539 250,680 **** (31,765) 19,761 * ** *** **** # 16
6. 12,773 1,738 269 1,116 (453) 13,889 1,554 25% 15% 7. 106,974,000 207,626,000 9,188,229,561 8,178,983,926 8. 79,556 63,904 38,387 117,943 63,904 (26,570) (25,403) 91,373 38,501 17
30 90 3 86,531 38,501 3 12 4,842 91,373 38,501 9. 3 274,628 125,079 3 12 45,438 4 12 3,244 779 323,310 125,862 30 90 18
10. 14A14A.92 14A 14A 0.1% 5 (i) (ii)(iii) 3% 3% 17 19
5.21 32,185 19,344 5.09 35,888 43,395 5.32 (9,334) (8,073) 5.18 (38) (9,752) 5.12 58,701 44,914 3.99 30,988 56,162 4.99 (11,845) (13,699) (16,722) 4.69 77,844 70,655 2.20 2.33 3.15 4.32 3.610 5.558 1 46 1 46 3.58 4.01 3.57 5.39 (%) 65 70 (%) 0.00 0.00 2.2 2.8 2.2 2.8 3.686 4.40 3.61 5.558 (%) 1.15 0.94 1.31 (%) 20 30 20 30 20
2,533 956 30,159 36,243 49,877 34,842 28,753 36,405 5,712 1,878 117,034 110,324 77,844,35070,654,847 123,204,326 1,232,0431,043,799 7,526,30017,768,571 7,526,300 76,478,85056,934,776 1.36% 21
6.9% A B C + + 22
GDP 10 23
2,149.1 1,500 24
GMV 400 GMV GMV 300 25
APP 23,000 5 APP 2,800 2 26
+ + AI Doctor You 27
CT + AI 28
28 29
20 SKU 2018 3 30
% 2,442,618 475,078 414.2 652,824 187,243 248.7 26.7% 39.4% (338,763) (67,768) 399.9 (201,094) (113,090) 77.8 (121,251) (95,740) 26.6 (126,220) (108,580) 16.2 52,393 17,354 201.9 (11,855) (24,679) (52.0) (10,126) (6,886) 47.1 (104,092) (212,146) (50.9) 7,949 9,480 (16.1) 998 (4,433) (109,034) (208,653) (47.7) (106,974) (207,626) (48.5) 8,000 (98,329) 31
2,442,618,000 475,078,000 1,967,540,000 414.2% B2C B2B B2C SKU 46,000 1,500 2,149,107,000 171,079,000 32
24,353,000 96,305,000 98,079,000 652,824,000 187,243,000 465,581,000248.7% 26.7%39.4% 33
338,763,000 67,768,000 201,094,000 113,090,000 88,004,000 77.8% 121,251,000 95,740,000 25,511,000 26.6% 126,220,000 108,580,000 17,640,000 16.2% 52,393,000 17,354,000 35,039,000 201.9% 31,765,000 34
10,126,000 6,886,000 3,240,000 47.1% 11,855,000 24,679,000 12,824,000 52.0% 19,761,000 49% 40% 7,949,0009,480,000 1,531,000 16.1% 998,000 109,034,000 208,653,000 99,619,000 47.7% 8,000,000 98,329,000 35
(109,034) (208,653) 117,034 110,324 8,000 (98,329) 36
2,016,093 810,915 1,397,197 569,860 2,268 914 143,854 58,118 580,238 353,472 3.47 2.29 2.66 1.78 2,580,248 1,177,836 569,860,000 827,337,000 145.2% 1,397,197,000 226,597,000 58,118,000 85,736,000 147.5% 143,854,000 37
3.47 2.29 2.66 1.78 1,177,836,000 1,402,412,000 119.1% 2,580,248,000 484 390 323.5250.7 38
10 A.6.7 * * * 39
4,113,700 40
(http://www.hkex.com.hk) (http://www.irasia.com/listco/hk/alihealth) (i)(ii) (iii) 41