Alibaba Pictures Group is the film and entertainment flagship of Alibaba Group, focused on the deep integration and innovative application of the internet with traditional film and entertainment. Our businesses span Film Content & Technology, Live Entertainment & Technology, IP Merchandising and Series Production — delivering premium content and industry infrastructure across the full value chain.
Alibaba Pictures Group Limited is listed on the Hong Kong Stock Exchange under stock code 1060. As the film and entertainment flagship of Alibaba Group, we explore the deep integration and innovative application of the internet with traditional film and entertainment — spanning content investment and production, internet-based marketing and distribution, pan-entertainment content data services and merchandise development.
IP sits at the centre of what we do. Anchored on business innovation and user value, and guided by the two strategic keywords of "content + technology", we continue to invest in premium content, expand into overseas markets and scale up IP merchandising.
Our business structure now covers content investment and production, internet-based marketing and distribution, IP merchandising and data services. Ticketing platforms and IP merchandising provide a stable cash-generating base, while film and series content contributes flexible upside.
We participate in film investment under a prudent and disciplined strategy, focusing on titles with controllable budgets, manageable risk and strong content quality. We also operate Taopiaopiao, Phoenix CloudSmart and Lighthouse — film technology platforms covering the full chain from production and marketing to cinema operations.
Our Damai platform covers more than 40 sub-categories including film, concerts, music festivals, stage plays, stand-up comedy, exhibitions and sports events. It is a leading all-category, one-stop entertainment ticketing platform, now extending upstream into content production and into overseas markets.
Built around Alifish, we operate a full-chain "IP2B2C" business model. Upstream, we license premium IP from rights holders and localise it for the China market; downstream, we provide thousands of brands and channel merchants with an end-to-end licensing solution from IP selection and artwork library development to integrated marketing.
Through an operating model based on dedicated series studios, we have increased investment in premium headline content and built a complete production and development pipeline. More than 20 key projects are in reserve, spanning period drama, contemporary and suspense genres.
Our differentiation does not come from leadership in any single link, but from the way content, platforms and merchandising amplify one another.
More than 300 films produced, distributed or promoted to date. Seven of them rank among China's all-time top 10 domestic box office titles, and the aggregate box office of films we have produced has ranked first among private companies for seven consecutive years.
Lighthouse AI now covers the full film lifecycle — script assessment, release diagnostics, public sentiment analysis and box office forecasting — and has supported the evaluation of more than 600 projects.
Alifish is a leading IP licensing management and commercialisation platform in China, with hundreds of premium domestic and international IP signed and partnerships with thousands of brands and channel merchants.
We continue to explore AI applications in film and entertainment — including digital humans and virtual production — and have completed and put into use eight virtual production stages in Hengdian, Zhouzhuang and Beijing.
Our slate spans social drama, comedy, science fiction, animation and suspense. The titles below are a selection of those publicly disclosed by the Group.
Our growth path can be described in three stages: first building content capability, then using internet platforms to restructure marketing and ticketing, and finally extending into IP merchandising and live entertainment to monetise content value in multiple ways.
ChinaVision Media Group, the Company's predecessor, is founded.
Alibaba completes its acquisition of a controlling stake and the Company is renamed Alibaba Pictures Group, formally establishing its direction of rebuilding the film industry through the internet.Strategic starting point
Strategic investment in Bona Film Group; subscription for convertible bonds issued by Dadi Cinema; strategic cooperation with Amblin Partners covering investment, co-production, merchandise and marketing and distribution.
Fan Luyuan is appointed Chairman of the Board and Chief Executive Officer, and drives the consolidation of the online ticketing platform Taopiaopiao.
Damai is integrated into the Group, bringing ticketing and live entertainment capabilities into the portfolio and creating a combined "film + live" ticketing platform.
The in-house film label Keneng Zhizao (Possible Productions) is launched, and the Jincheng Co-Production Plan and the Torch Plan are upgraded to version 2.0, returning the Group to a content-first path.Content strategy upgrade
Total revenue reaches RMB 8,024 million (up 20% year on year) and profit attributable to owners reaches RMB 705 million (up 94%), with adjusted EBITA profitable for six consecutive years as the four segments form a multi-engine growth structure.
Key figures from the Group's audited results for the financial year 2025/2026 (year ended 31 March 2026).
| RMB million | FY2026 | FY2025 | YoY |
|---|---|---|---|
| Revenue | 8,024 | 6,702 | +20% |
| Profit attributable to owners of the Company | 705 | 364 | +94% |
| Adjusted EBITA | 746 | 809 | −8% |
| Operating profit | 738 | approx. 647 | +14% |
| Cash and cash equivalents and bank deposits due within one year | 5,688 | 3,365 | +69% |
The Group remains in a net cash position with a zero gearing ratio, no assets pledged and no material contingent liabilities, and maintains a healthy current ratio.
Adjusted EBITA has been profitable for six consecutive years, with the core businesses continuing to improve their profitability and providing room to invest in new initiatives.
Ticketing platforms and IP merchandising form a stable base, while film and series content delivers flexible upside, reducing reliance on any single blockbuster.
The figures above are taken from the Company's publicly disclosed results announcements and investor relations materials and have not been independently audited by this website. The financial year runs from 1 April to 31 March of the following year. Investors should also read the Company's full announcements and annual report, which prevail in the event of any discrepancy. Nothing on this website constitutes investment advice.
Whether it is film and television project investment, co-production, IP licensing and merchandise development, or ticketing platform and technology services cooperation, we would be glad to hear from you.