Baidu Past Earnings Performance

Past criteria checks 2/6

Baidu has been growing earnings at an average annual rate of 9.6%, while the Interactive Media and Services industry saw earnings growing at 24.2% annually. Revenues have been growing at an average rate of 5.7% per year. Baidu's return on equity is 7.9%, and it has net margins of 15.3%.

Key information

9.6%

Earnings growth rate

8.9%

EPS growth rate

Interactive Media and Services Industry Growth17.0%
Revenue growth rate5.7%
Return on equity7.9%
Net Margin15.3%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Baidu makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

DB:B1C Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 24133,95220,45022,79622,905
30 Jun 24134,84219,49922,70723,640
31 Mar 24134,96719,22123,30524,132
31 Dec 23134,59819,59823,51924,192
30 Sep 23132,72422,07823,54623,563
30 Jun 23130,81715,25122,96123,219
31 Mar 23126,40813,67821,44723,130
31 Dec 22123,6756,96820,51423,315
30 Sep 22123,6864,02521,08425,047
30 Jun 22123,067-12,38823,21125,457
31 Mar 22124,770-16,66224,13425,448
31 Dec 21124,4939,87624,72324,938
30 Sep 21121,66813,58923,36623,218
30 Jun 21117,97943,82620,74621,612
31 Mar 21112,66347,99619,45620,168
31 Dec 20107,07422,38418,06319,513
30 Sep 20105,69523,55516,92518,599
30 Jun 20105,5433,50416,88218,728
31 Mar 20105,8352,34817,70818,623
31 Dec 19107,4131,98019,91018,346
30 Sep 19105,724-2,24421,89718,119
30 Jun 19106,05516,52522,88117,345
31 Mar 19107,09320,42222,14316,644
31 Dec 18103,87727,44319,23115,772
30 Sep 18100,93729,71416,91914,946
30 Jun 1896,59525,73315,02414,272
31 Mar 1890,72523,23513,45313,387
31 Dec 1786,70918,31813,12812,928
30 Sep 1780,66617,54012,83212,196
30 Jun 1774,85012,22712,68211,568
31 Mar 1771,61910,98613,94210,885
31 Dec 1670,54911,07515,07110,151
30 Sep 1671,03631,95216,2649,666
30 Jun 1671,16631,62418,3709,742
31 Mar 1669,47832,75218,0659,990
31 Dec 1566,38233,33517,07610,176
30 Sep 1561,73312,07216,0739,824
30 Jun 1556,87013,09713,0718,966
31 Mar 1552,28013,05811,3307,991
31 Dec 1449,05213,14410,3826,981
30 Sep 1444,52512,7098,7216,109
30 Jun 1439,89711,8987,4055,368
31 Mar 1435,47210,9646,3344,573
31 Dec 1331,94410,5195,1744,107

Quality Earnings: B1C has high quality earnings.

Growing Profit Margin: B1C's current net profit margins (15.3%) are lower than last year (16.6%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: B1C has become profitable over the past 5 years, growing earnings by 9.6% per year.

Accelerating Growth: B1C's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: B1C had negative earnings growth (-7.4%) over the past year, making it difficult to compare to the Interactive Media and Services industry average (30.4%).


Return on Equity

High ROE: B1C's Return on Equity (7.9%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 12:35
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Baidu, Inc. is covered by 91 analysts. 42 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Sau Shing ChowABCI Securities Company Limited
Richard KramerArete Research Services LLP
Zixiao YangArete Research Services LLP