1. People's Republic of China Stocks

  2. •

    Technology

  3. •

    Software - Application
Baidu, Inc.

Baidu, Inc.

BIDU.SW
Baidu, Inc.CH flagSwiss Exchange
113.50
CNY
- -
- -
30.30BMarket Cap
Baidu, Inc.
BIDU.SW
(Swiss Exchange)

Recent

price

113.50

P/E

ratio

- -

div

yld

- -

ROIC.AI

2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
TTM
FRC
13.36
13
22.74
41.56
63.84
91.3
139.9
190.09
203.52
244.23
293.07
308.35
- -
- -
- -
- -
- -
Revenue per Share
4.46
4.34
10.13
19.03
29.93
30.16
37.64
96.4
33.56
52.7
79.01
5.91
- -
- -
- -
- -
- -
Basic EPS, GAAP
5.53
5.3
10.73
16.85
27.09
28.91
32.92
34.44
34.53
54.51
39.24
26.8
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
0.96
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
5.95
10.05
20.01
38.99
68.8
98.68
136.05
213.79
247.32
294.68
370.35
362.48
- -
- -
- -
- -
- -
Book Value per Share
8.75
13.35
23.63
37.05
62.25
57.65
94.29
187.52
226.54
314.18
424.19
408.57
- -
- -
- -
- -
- -
Tangible Book Value per Share
333
342
348
349
349
350
351
349
347
347
349
348
- -
- -
- -
- -
- -
Basic Weighted Avg Shares
4,448
4,448
7,915
14,501
22,306
31,944
49,052
66,382
70,549
84,809
102,277
107,413
107,074
124,493
123,675
134,598
134,842
Sales/Revenue/Turnover
36.08
36.08
50.02
52.25
49.54
35.04
26.1
17.58
14.24
18.5
15.18
5.87
13.39
8.45
12.87
16.24
17.13
Operating Margin (%)
317
317
441
885
1,515
2,652
3,972
5,861
8,327
12,559
18,634
22,138
22,714
22,559
20,084
21,457
- -
Depreciation Expense
1,485
1,485
3,525
6,639
10,456
10,551
13,197
33,664
11,632
18,301
27,573
2,057
22,472
10,226
7,559
20,315
20,216
Net Income, GAAP
11.76
11.76
13.2
15.22
13.16
14.97
15.4
14.44
20.08
14.07
17.36
- -
17.6
29.57
25.49
14.48
13.07
Effective Tax Rate (%)
33.39
33.39
44.54
45.78
46.88
33.03
26.9
50.71
16.49
21.58
26.96
1.92
20.99
8.21
6.11
15.09
14.99
Profit Margin (%)
2,003
3,443
6,231
11,442
26,438
31,996
43,766
52,131
53,658
69,112
98,241
108,182
114,957
138,827
133,220
153,804
106,501
Working Capital
- -
- -
86
2,308
9,738
17,270
23,467
33,950
34,470
35,812
54,903
62,677
65,028
73,970
67,993
62,397
56,183
LT Debt
3,089
4,753
8,406
16,326
27,215
40,665
54,052
84,216
97,743
130,372
175,752
172,815
191,843
223,952
237,805
262,608
272,938
Total Equity
54.06
35.16
50.26
45.8
32.62
19.36
15.58
10
6.13
8.47
6.14
- -
4.5
2.48
3.65
5.52
5.73
Return on Invested Capital (%)
102.01
54.8
67.79
55.62
39.11
24.23
22.42
37.64
10.11
13.29
18.55
- -
13.06
6.41
3.88
8.43
20.63
Return on Capital (%)
102.01
54.8
67.75
64.55
55.55
36.03
32.1
55.02
14.5
19.46
23.81
1.61
17.18
7.29
5.15
13.12
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'23
Mar'24
Jun'24
ST Debt
22,198
25,844
26,617
LT Borrowings
57,357
58,667
51,127
LT Finance Leases
5,040
4,886
5,056
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,805
2,805
- -
Market Capitalization
- -
- -
- -

Working Capital

FRC

•

in mil. unless spec.
Dec'23
Mar'24
Jun'24
Total Current Assets
230,255
217,478
187,266
Cash, Cash Equivalents & STI
193,901
180,199
150,355
Accounts Receivable, Net
10,848
10,935
11,112
Inventories
1,396
- -
- -
Total Current Liabilities
76,451
77,931
80,765
Payables & Accruals
37,927
38,214
39,819
ST Debt
22,198
25,844
26,617
Deferred Revenue
16,326
13,873
14,329

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
21.57%
8.54%
10.43%
Free Cash Flow
20.82%
31.98%
42.43%
Net Income, GAAP
121.08%
197.62%
168.75%
Sales/Revenue/Turnover
16.51%
5.83%
8.83%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
28,411
29,647
32,540
33,077
123,675
2023
31,144
34,056
34,447
34,951
134,598
2024
31,513
33,931
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
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Business
Baidu, Inc. (BIDU.SW) operates as a leading Chinese multinational technology company specializing in Internet services and artificial intelligence, providing a dominant Chinese-language search engine and a broad portfolio of online platforms and AI-driven solutions primarily in the People's Republic of China. The company offers core products and services including Baidu Search and algorithmic search capabilities; Baidu App for integrated search, newsfeed, and mobile services; Baidu Baike, an online encyclopedia; iQIYI, a video streaming platform with original and partnered content; Baidu Tieba, a keyword-based discussion forum; online marketing services via Baidu Tuiguang; non-marketing value-added services such as enterprise search, news, MP3, image searches, and voice assistance; Baidu AI Cloud for AI infrastructure, chips, deep learning frameworks, natural language processing, and computer vision; autonomous driving solutions through the Apollo platform, including Apollo Go robotaxi services; and smart consumer electronics under the Xiaodu brand. Baidu serves consumers, enterprises, and advertisers across its Baidu Core segment, which encompasses search-based, feed-based, and AI initiatives, and the iQIYI segment focused on entertainment. Founded in January 2000 and headquartered in Beijing's Haidian District, Baidu maintains primary operations in China with additional presence in select international markets, including expansions into autonomous driving services abroad. In recent developments, Baidu completed the acquisition of JOYY's China live-streaming business, YY Live, for approximately $2.1 billion in February 2025, diversifying its revenue streams and bolstering digital video capabilities amid a more favorable regulatory environment. The company unveiled ERNIE 5.0, its latest natively omni-modal foundation model supporting text, images, audio, and videos, alongside upgrades to digital human technology, no-code application builder Miaoda 2.0, general AI agent GenFlow 3.0, self-evolving agent Famou, and one-stop AI workspace Oreate at Baidu World 2025, with select offerings like MeDo and digital human technology expanding to global markets. Additionally, Baidu launched the latest generation of its self-developed Kunlun chips and reported growth in AI Cloud revenue by 22% year-over-year in fiscal 2024, alongside Apollo Go achieving over one million rides and fleet expansions in markets like Abu Dhabi.