Market Cap
US$34.2b
Last Updated
2020/03/31 01:07 UTC
Data Sources
Company Financials +
Executive Summary
Baidu, Inc. provides Internet search services in China and internationally.
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with reasonable growth potential.
Similar Companies
Share Price & News
How has Baidu's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BIDU's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
2.6%
BIDU
2.6%
US Interactive Media and Services
7.2%
US Market
1 Year Return
-42.1%
BIDU
-9.0%
US Interactive Media and Services
-10.4%
US Market
Return vs Industry: BIDU underperformed the US Interactive Media and Services industry which returned -11% over the past year.
Return vs Market: BIDU underperformed the US Market which returned -12.7% over the past year.
Shareholder returns
| BIDU | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.6% | 2.6% | 7.2% |
| 30 Day | -17.5% | -14.7% | -12.6% |
| 90 Day | -21.7% | -17.6% | -19.4% |
| 1 Year | -42.1%-42.1% | -8.9%-9.0% | -8.5%-10.4% |
| 3 Year | -43.5%-43.5% | 21.2%21.1% | 15.8%8.3% |
| 5 Year | -51.5%-51.5% | 75.9%75.5% | 35.8%21.0% |
Price Volatility Vs. Market
How volatile is Baidu's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
We Think Baidu (NASDAQ:BIDU) Can Stay On Top Of Its Debt2 months ago | Simply Wall St
Is There Now An Opportunity In Baidu, Inc. (NASDAQ:BIDU)?2 months ago | Simply Wall St
Do Institutions Own Baidu, Inc. (NASDAQ:BIDU) Shares?Valuation
Is Baidu undervalued compared to its fair value and its price relative to the market?
39.9%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BIDU ($97.63) is trading below our estimate of fair value ($164.37)
Significantly Below Fair Value: BIDU is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BIDU is poor value based on its PE Ratio (121.9x) compared to the Interactive Media and Services industry average (23.3x).
PE vs Market: BIDU is poor value based on its PE Ratio (121.9x) compared to the US market (13x).
Price to Earnings Growth Ratio
PEG Ratio: BIDU is poor value based on its PEG Ratio (3.4x)
Price to Book Ratio
PB vs Industry: BIDU is good value based on its PB Ratio (1.5x) compared to the US Interactive Media and Services industry average (1.8x).
Next Steps
Future Growth
How is Baidu forecast to perform in the next 1 to 3 years based on estimates from 31 analysts?
35.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BIDU's forecast earnings growth (35.5% per year) is above the savings rate (1.7%).
Earnings vs Market: BIDU's earnings (35.5% per year) are forecast to grow faster than the US market (12.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: BIDU's revenue (10.5% per year) is forecast to grow faster than the US market (7.3% per year).
High Growth Revenue: BIDU's revenue (10.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BIDU's Return on Equity is forecast to be low in 3 years time (10.1%).
Next Steps
Past Performance
How has Baidu performed over the past 5 years?
-6.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BIDU has a large one-off loss of CN¥9.7B impacting its December 31 2019 financial results.
Growing Profit Margin: BIDU's current net profit margins (1.8%) are lower than last year (26.4%).
Past Earnings Growth Analysis
Earnings Trend: BIDU's earnings have declined by -6.7% per year over the past 5 years.
Accelerating Growth: BIDU's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BIDU had negative earnings growth (-92.8%) over the past year, making it difficult to compare to the Interactive Media and Services industry average (5.5%).
Return on Equity
High ROE: BIDU's Return on Equity (-1.3%) is considered low.
Next Steps
Financial Health
How is Baidu's financial position?
Financial Position Analysis
Short Term Liabilities: BIDU's short term assets (CN¥165.6B) exceed its short term liabilities (CN¥57.4B).
Long Term Liabilities: BIDU's short term assets (CN¥165.6B) exceed its long term liabilities (CN¥71.1B).
Debt to Equity History and Analysis
Debt Level: BIDU's debt to equity ratio (38.6%) is considered satisfactory.
Reducing Debt: BIDU's debt to equity ratio has reduced from 47.5% to 38.6% over the past 5 years.
Debt Coverage: BIDU's debt is well covered by operating cash flow (42.6%).
Interest Coverage: BIDU earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Inventory Level: BIDU has a low level of unsold assets or inventory.
Debt Coverage by Assets: BIDU's debt is covered by short term assets (assets are 2.5x debt).
Next Steps
Dividend
What is Baidu's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BIDU's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate BIDU's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if BIDU's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BIDU's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BIDU's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.4yrs
Average management tenure
CEO
Robin Li (50yo)
16s
Tenure
Mr. Yanhong Li, also known as Robin, Co-Founded Baidu, Inc. in January 2000 and has been its Chief Executive Officer since February, 2004 and oversees its overall strategy and business operations. Mr. Li w ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 16yrs | no data | 20.39% CN¥7.0b | |
| Chief Financial Officer | 2.42yrs | no data | no data | |
| Chief Technology Officer | no data | no data | no data | |
| Senior VP of HR & Administration | 0.83yr | no data | no data | |
| Director of Ir | no data | no data | no data | |
| VP & General Counsel | 8.67yrs | no data | no data | |
| Chairman of the Cloud Business | 0.83yr | no data | no data | |
| Executive Vice President | 0.83yr | no data | no data | |
| Chief Executive Officer of Beijing Qiyi Century Science & Technology Co. | 10.17yrs | no data | no data |
2.4yrs
Average Tenure
49yo
Average Age
Experienced Management: BIDU's management team is considered experienced (2.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 16yrs | no data | 20.39% CN¥7.0b | |
| Independent Director | 14.58yrs | no data | no data | |
| Independent Director | 4.42yrs | no data | no data | |
| Independent Director | 0.67yr | no data | no data | |
| Independent Director | 4.42yrs | no data | no data |
4.4yrs
Average Tenure
53yo
Average Age
Experienced Board: BIDU's board of directors are considered experienced (4.4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Baidu, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Baidu, Inc.
- Ticker: BIDU
- Exchange: NasdaqGS
- Founded: 2000
- Industry: Interactive Media and Services
- Sector: Media
- Market Cap: US$34.222b
- Shares outstanding: 345.85m
- Website: https://www.baidu.com
Number of Employees
Location
- Baidu, Inc.
- Baidu Campus
- No 10, Shangdi 10th Street
- Beijing
- 100085
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BIDU | NasdaqGS (Nasdaq Global Select) | Yes | SPONS ADR REPR 0.10 ORD CLS'A' | US | USD | Aug 2005 |
| B1C | DB (Deutsche Boerse AG) | Yes | SPONS ADR REPR 0.10 ORD CLS'A' | DE | EUR | Aug 2005 |
| BIDU N | BMV (Bolsa Mexicana de Valores) | Yes | SPONS ADR REPR 0.10 ORD CLS'A' | MX | MXN | Aug 2005 |
| K3SD | SGX (Singapore Exchange) | Yes | SPONS ADR REPR 0.10 ORD CLS'A' | SG | USD | Aug 2005 |
| BIDU | SWX (SIX Swiss Exchange) | Yes | SPONS ADR REPR 0.10 ORD CLS'A' | CH | CHF | Aug 2005 |
| BIDU | WBAG (Wiener Boerse AG) | Yes | SPONS ADR REPR 0.10 ORD CLS'A' | AT | EUR | Aug 2005 |
| 0HL1 | LSE (London Stock Exchange) | Yes | SPONS ADR REPR 0.10 ORD CLS'A' | GB | USD | Aug 2005 |
Biography
Baidu, Inc. provides Internet search services in China and internationally. It operates through two segments, Baidu Core and iQIYI. The Baidu Core segment offers products for uses, including Baidu App to access search, feed, and other services using mobile devices; Baidu Search to access its search and other services through its other properties and Union partners; Baidu Feed that provides users with personalized timeline based on their demographics and interests; Haokan, a short video app; and Quanmin, a flash video app for users to create and share short videos. It also provides Baidu Post Bar, a social media platform; Baidu Knows, a question-and-answer community where questions are asked, answered, and organized by users; Baidu Encyclopedia; Baidu Maps that offers locations, and intelligent routing and navigation services; Baidu Input Method Editor or Baidu IME, a Chinese-language mobile keyboard; Baidu WenKu; Baijiahao; and DuerOS, a voice assistant platform. In addition, this segment offers online marketing services, which include pay for performance (P4P), an auction-based services that allow customers to bid for priority placement of paid sponsored links and reach users who search for information related to their products or services; Non-P4P services provide display-based marketing services and other online marketing services based on performance criteria other than cost per click; Apollo, an open source autonomous driving platform; and Baidu Cloud primarily provides AI solutions, cloud infrastructure, and other services to enterprises and individuals. The iQIYI segment provides online entertainment service, including original and licensed content; membership services; and online advertising services. The company was formerly known as Baidu.com, Inc. and changed its name to Baidu, Inc. in December 2008. Baidu, Inc. was founded in 2000 and is headquartered in Beijing, China.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/03/31 01:07 |
| End of Day Share Price | 2020/03/30 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.