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Parent company only condensed financial information | 12 Months Ended
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Mar. 31, 2025
Condensed Financial Information Disclosure [Abstract] |
Parent company only condensed financial information | 29. Parent company only condensed financial information The Company performed a test on the restricted net assets of its consolidated subsidiaries and VIEs in accordance with Rule 4-08(e)(3) of Regulation S-X and concluded that it was applicable for the Company to disclose the financial information for the parent company ("Alibaba Group Holding Limited") only. Condensed Balance Sheets
|  | As of March 31, |
|  | 2024 |  |  | 2025 |
|  | RMB |  |  | RMB |
|  | (in millions) |
Cash and cash equivalents |  |  | 1,114 |  |  |  | 618 |
Amounts due from subsidiaries |  |  | 49,096 |  |  |  | 15,170 |
Prepayments and other assets |  |  | 527 |  |  |  | 245 |
Interest in subsidiaries and VIEs |  |  | 1,180,705 |  |  |  | 1,365,004 |
Total assets |  |  | 1,231,442 |  |  |  | 1,381,037 |
Current unsecured senior notes |  |  | 16,252 |  |  |  | — |
Amounts due to subsidiaries |  |  | 110,867 |  |  |  | 184,879 |
Accrued and other liabilities |  |  | 2,862 |  |  |  | 5,131 |
Non-current bank borrowings |  |  | 28,828 |  |  |  | 22,937 |
Non-current unsecured senior notes |  |  | 86,089 |  |  |  | 122,398 |
Non-current convertible unsecured senior notes |  |  | — |  |  |  | 35,834 |
Total liabilities |  |  | 244,898 |  |  |  | 371,179 |
Ordinary shares |  |  | 1 |  |  |  | 1 |
Additional paid-in capital |  |  | 397,999 |  |  |  | 381,379 |
Treasury shares, at cost |  |  | (27,684 | ) |  |  | (36,329 | )
Statutory reserves |  |  | 14,733 |  |  |  | 15,936 |
Accumulated other comprehensive income |  |  | 3,598 |  |  |  | 3,393 |
Retained earnings |  |  | 597,897 |  |  |  | 645,478 |
Total shareholders’ equity |  |  | 986,544 |  |  |  | 1,009,858 |
Total liabilities and equity |  |  | 1,231,442 |  |  |  | 1,381,037 |
Condensed Statements of Comprehensive Income
|  | For the year ended March 31, |
|  | 2023 |  |  | 2024 |  |  | 2025 |
|  | RMB |  |  | RMB |  |  | RMB |
|  | (in millions) |
Total cost and expenses |  |  | (846 | ) |  |  | (327 | ) |  |  | (5,972 | )
Income from subsidiaries and VIEs |  |  | 84,000 |  |  |  | 86,057 |  |  |  | 142,604 |
Income from operations |  |  | 83,154 |  |  |  | 85,730 |  |  |  | 136,632 |
Interest expense |  |  | (4,696 | ) |  |  | (5,415 | ) |  |  | (8,058 | )
Other income and expenses |  |  | (5,949 | ) |  |  | (574 | ) |  |  | 896 |
Net income |  |  | 72,509 |  |  |  | 79,741 |  |  |  | 129,470 |
Other comprehensive income |  |  | 23,379 |  |  |  | 14,340 |  |  |  | 498 |
Total comprehensive income |  |  | 95,888 |  |  |  | 94,081 |  |  |  | 129,968 |
29. Parent company only condensed financial information (Continued) Condensed Statements of Cash Flows
|  | Year ended March 31, |
|  | 2023 |  |  | 2024 |  |  | 2025 |
|  | RMB |  |  | RMB |  |  | RMB |
|  | (in millions) |
Net cash provided by operating activities |  |  | 71,885 |  |  |  | 93,308 |  |  |  | 51,728 |
Cash flows from investing activities: |  |  |  |  |  |  |  |  |
(Advances to and investments in) Repayments from subsidiaries and VIEs, and others |  |  | (12,290 | ) |  |  | 11,838 |  |  |  | (54,809 | )
Net cash (used in) provided by investing activities |  |  | (12,290 | ) |  |  | 11,838 |  |  |  | (54,809 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |
Issuance of ordinary shares |  |  | 11 |  |  |  | 843 |  |  |  | 10 |
Advances from subsidiaries |  |  | 15,296 |  |  |  | 6,195 |  |  |  | 73,526 |
Repurchase of ordinary shares |  |  | (74,746 | ) |  |  | (88,745 | ) |  |  | (86,662 | )
Dividend distribution |  |  | — |  |  |  | (17,946 | ) |  |  | (29,077 | )
Repayment of unsecured senior notes |  |  | — |  |  |  | (5,013 | ) |  |  | (16,220 | )
Repayment of bank borrowings |  |  | — |  |  |  | — |  |  |  | (6,067 | )
Proceeds from unsecured senior notes, net of debt issuance cost |  |  | — |  |  |  | — |  |  |  | 35,979 |
Proceeds from convertible unsecured senior notes, net of debt issuance cost |  |  | — |  |  |  | — |  |  |  | 35,665 |
Payments for capped call transactions |  |  | — |  |  |  | — |  |  |  | (4,612 | )
Net cash (used in) provided by financing activities |  |  | (59,439 | ) |  |  | (104,666 | ) |  |  | 2,542 |
Effect of exchange rate changes on cash and cash equivalents |  |  | 33 |  |  |  | 58 |  |  |  | 43 |
Increase (Decrease) in cash and cash equivalents |  |  | 189 |  |  |  | 538 |  |  |  | (496 | )
Cash and cash equivalents at the beginning of the year |  |  | 387 |  |  |  | 576 |  |  |  | 1,114 |
Cash and cash equivalents at the end of the year |  |  | 576 |  |  |  | 1,114 |  |  |  | 618 |
For the parent company only condensed financial information, the Company accounted for the investments in subsidiaries and VIEs under the equity method of accounting as prescribed in ASC 323. Such investments are presented on the Condensed Balance Sheets as “Investments in subsidiaries and VIEs” and the shares of profits or losses of the subsidiaries and VIEs are presented as “Income from subsidiaries and VIEs” on the Condensed Statements of Comprehensive Income. During the years ended March 31, 2023, 2024 and 2025, dividends paid to the parent company by the subsidiaries amounted to RMB 75,355 million, RMB 98,174 million and RMB 59,933 million, respectively. The parent company did not have significant capital and other commitments, or guarantees as of March 31, 2024 and 2025, except for those disclosed in these consolidated financial statements. Certain information and footnote disclosures generally included in financial statements prepared in accordance with US GAAP have been condensed and omitted in the parent company only condensed financial information. The parent company only condensed financial information is not the general-purpose financial statements of the reporting entity and should be read in conjunction with the consolidated financial statements of the Company.

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- Definition The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 235 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477314/942-235-S99-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480738/235-10-S50-4 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480678/235-10-S99-3 Reference 4: http://www.xbrl.org/2003/role/recommendedDisclosureRef -Topic 810 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481231/810-10-45-11 + Details
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