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Baidu Inc Bdr
Previous close
R$33.74
Day range
R$32.70 - R$33.35
Year range
R$32.34 - R$45.24
Market cap
28.17B USD
Avg Volume
7.43K
Baidu reports third-quarter revenue decline
By the numbers
Financials
Income Statement
Revenue
Net income
(CNY) | Sep 2024info | Y/Y change |
---|---|---|
Revenue | 33.56B | -2.58% |
Operating expense | 11.23B | -5.44% |
Net income | 7.63B | 14.23% |
Net profit margin | 22.74 | 17.28% |
Earnings per share | 16.60 | -18.63% |
EBITDA | 9.59B | -2.99% |
Effective tax rate | 9.47% | — |
Balance Sheet
Total assets
Total liabilities
(CNY) | Sep 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 132.81B | -30.56% |
Total assets | 417.32B | 1.53% |
Total liabilities | 138.12B | -8.12% |
Total equity | 279.19B | — |
Shares outstanding | 348.12M | — |
Price to book | 0.05 | — |
Return on assets | 3.56% | — |
Return on capital | 4.16% | — |
Cash Flow
Net change in cash
(CNY) | Sep 2024info | Y/Y change |
---|---|---|
Net income | 7.63B | 14.23% |
Cash from operations | 4.28B | -55.08% |
Cash from investing | -13.96B | -22.48% |
Cash from financing | -5.40B | -8.33% |
Net change in cash | -15.89B | -137.10% |
Free cash flow | 1.71B | -28.39% |
About
Baidu, Inc. is a Chinese multinational technology company specializing in Internet services and artificial intelligence. It holds a dominant position in China's search engine market, and provides a wide variety of other internet services such as Baidu App, Baidu Baike, iQIYI, and Baidu Tieba.
Besides its core internet search business, Baidu has diversified into several high-growth areas. The company is a leading player in cloud computing, autonomous driving, and smart consumer electronics. With over a decade of investment in artificial intelligence, Baidu is one of the few tech companies globally to offer a full-stack AI stack, including software, chips, cloud infrastructure, foundation models, and applications.
The holding company of the group is incorporated in the Cayman Islands. Baidu was incorporated in January 2000 by Robin Li and Eric Xu. Baidu has origins in RankDex, an earlier search engine developed by Robin Li in 1996, before he founded Baidu in 2000. The company is headquartered in Beijing's Haidian District.
In December 2007, Baidu became the first Chinese company to be included in the NASDAQ-100 index. As of May 2018, Baidu's market cap rose to US$99 billion. Wikipedia
CEO
Founded
Jan 1, 2000
Website
Employees
39,800