Ebay Net Profit In The Fourth Quarter Increased By 13% Over The Same Period Last Year.

　　 Main achievements:

In the quarter ending December 31st, eBay Net revenue It was 4 billion 530 million US dollars, an increase of 13% compared with 3 billion 992 million US dollars in the same period last year. According to the general accounting standards of the United States, the fourth quarter operating profit of eBay was 22.6%, higher than that of the same period last year. In accordance with the general accounting standards of the United States, eBay fourth quarter net profit was 850 million dollars, an increase of 13% than the 751 million dollars of the same period last year. According to the general accounting standards of the United States, the earnings per diluted share of eBay fourth quarter were fourth dollars, which was more than that of the US dollar in the same period last year.

In accordance with US GAAP, eBay's operating profit margin in the fourth quarter was 29.2%, higher than 28.5% in the same period last year. In the absence of GAAP, eBay's net profit in the fourth quarter was $1 billion 67 million, an increase of 15% over the 927 million US dollars in the same period last year. In accordance with the general accounting standards of the United States, the diluted earnings per share of eBay in the fourth quarter were 0.81 dollars, an increase over 0.70 dollars in the same period last year.

EBay's fourth quarter earnings exceeded analysts' expectations, and revenue basically met expectations. Financial information provider FactSet survey shows that analysts expect eBay earnings per share to be 80 cents in the fourth quarter and $4 billion 550 million in revenue.

In the 2013 fiscal year, eBay's net revenue was $16 billion 47 million, an increase of 14% over the $14 billion 72 million in fiscal 2012. In accordance with US GAAP, eBay net profit in fiscal year 2013 was US $2 billion 856 million, an increase of 9% over the 2 billion 609 million US $2012 in fiscal year; the diluted earnings per share were US $2.18, a 9% increase over the 1.99 US dollars in the 2012 fiscal year. In accordance with US GAAP, eBay net profit in fiscal year 2013 was US $3 billion 556 million, an increase of 15% over the 3 billion 100 million US $2012 in fiscal year; the diluted earnings per share were US $2.71, a 15% increase over the 2.36 US dollars in the 2011 fiscal year.

EBay operating cash flow in the fourth quarter was US $1 billion 700 million and free cash flow was US $1 billion 400 million. The operating cash flow of eBay 2013 fiscal year was US $5 billion and free cash flow was US $3 billion 700 million.

　　 Financial analysis:

　　 Online auction services:

In the fourth quarter of fiscal year 2013, EBay The net revenue of online auction service was 2 billion 299 million US dollars, up 12% from 2 billion 50 million US dollars in the same period last year. The total transaction volume of the eBay network auction platform in the fourth quarter was US $21 billion 518 million, an increase of 13% over the 19 billion 105 million US dollars in the same period last year.

　　 Online payment services:

In the fourth quarter of fiscal year 2013, the net revenue of eBay network payment service PayPal was US $1 billion 836 million, an increase of 19% over the 1 billion 541 million US dollars in the same period last year. The total payment of PayPal in the fourth quarter was US $51 billion 973 million, an increase of 25% over the 41 billion 471 million US dollars in the same period last year.

　　 Other financial data:

According to us general accounting standards, the effective tax rate of eBay in the fourth quarter was 17%, higher than 14% in the same period last year. In accordance with the general accounting standards of the United States, the effective tax rate of eBay in the fourth quarter was 20%, higher than that of 18% in the same period last year.

As of December 31, 2013, the total value of cash, cash equivalents and non equity portfolios held by eBay amounted to $12 billion 800 million. During the quarter, eBay bought back the company's common stock valued at about $254 million. EBay also said that the board of directors of the company has approved an additional plan to buy $5 billion stock.

　 Performance outlook and Price of stock Changes:

EBay expects net revenues of $4 billion 150 million to $4 billion 250 million in the first quarter of fiscal 2014, and $0.51 to $0.53 per share in the first quarter, according to US GAAP. Not in accordance with US GAAP, the diluted earnings per share in the first quarter were $0.65 to $0.67.

EBay expects net revenues of $18 billion to $18 billion 500 million in fiscal year 2014. According to US GAAP, the diluted earnings per share in fiscal 2012 are $2.40 to 2.45 US dollars; not in accordance with US GAAP, the diluted earnings per share in the first quarter are 2.90 to 3 dollars.

On that day, eBay shares rose $0.26 in regular trading in the Nasdaq market, closing at $54.41, or 0.48%. In the aftermarket trading that ended at 16:39 p. m. Eastern time (5:39 Beijing time 23), eBay shares rose another $4.46 to $58.87, or 8.20%. In the past 52 weeks, eBay's highest share price was $58.04, with a minimum stock price of $48.086.