Baidu Inc. ADS - ADR Financials

$91.77

$1.18 (1.30%)

As on 11-Sep-2026 13:39EDT

Market cap

$33,739 Mln

Revenue (TTM)

$127,226 Mln

P/E Ratio

11.8

P/B Ratio

0.8

Div. Yield

0 %

Income Statement (CN¥ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Operating Revenue	127,225.57	129,079.00	133,125.00	134,598.00	123,675.00	124,493.00
Cost of Revenue	75,225.09	72,436.00	66,102.00	65,031.00	63,935.00	64,314.00
Gross Profit	52,000.48	56,643.00	67,023.00	69,567.00	59,740.00	60,179.00
Operating Expenses	43,210.02	46,276.00	45,753.00	47,711.00	43,829.00	49,661.00
Operating Profit (EBIT)	8,790.46	10,367.00	21,270.00	21,856.00	15,911.00	10,518.00
Other Income	--	--	--	--	--	--
Profit before Tax	-3,401.06	6,716.00	28,622.00	25,198.00	10,112.00	10,778.00
Provision for Tax	726.18	1,259.00	4,447.00	3,649.00	2,578.00	3,187.00
Profit after Tax (Net Income)	-3,692.55	5,589.00	23,760.00	20,315.00	7,559.00	10,226.00
Minority Interest	435.00	132.00	-415.00	-1,234.00	25.00	2,635.00
Consolidated Profit	--	--	--	--	6,968.00	10,226.00

Liabilities (CN¥ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Shareholder's Funds	271,848.12	266,330.00	283,612.00	262,608.00	237,805.00	223,952.00
Minority Interest	435.00	--	--	--	--	--
Non-Current Liabilities	85,749.32	73,103.00	63,215.00	67,700.00	73,538.00	81,594.00
Current Liabilities	89,147.52	86,328.00	80,953.00	76,451.00	79,630.00	74,488.00
Total Liabilities	559,245.74	449,157.00	427,780.00	406,759.00	390,973.00	380,034.00

Assets (CN¥ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Non-Current Assets	262,660.87	297,187.00	258,931.00	176,504.00	178,123.00	166,719.00
Current Assets	207,437.35	151,970.00	168,849.00	230,255.00	212,850.00	213,315.00
Total Assets	559,287.56	449,157.00	427,780.00	406,759.00	390,973.00	380,034.00
Total Debt*	112,936.93	97,077.00	79,324.00	84,595.00	91,354.00	91,507.00
Net Current Assets	118,248.00	65,642.00	87,896.00	153,804.00	133,220.00	138,827.00

Cashflow (CN¥ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Cash From Operating Activities	--	-3,013.00	21,234.00	36,615.00	26,170.00	20,122.00
Cash Flow from Investing Activities	--	-25,136.00	-8,555.00	-50,397.00	-3,944.00	-31,444.00
Cash from Financing Activities	--	17,142.00	-13,759.00	-14,162.00	-6,390.00	23,396.00
Net Cash Inflow / Outflow	--	--	--	--	--	--

Financials Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Adjusted EPS (CN¥)	-11.27	16.21	68.30	57.43	21.59	29.05
Cash EPS (CN¥)	--	78.14	127.29	118.08	78.95	93.14
Adjusted Book Value (CN¥)	--	772.53	815.27	742.35	679.20	636.23
Dividend per Share (CN¥)	--	--	--	--	--	--
Cash Flow per Share (CN¥)	--	-8.74	61.04	103.51	74.74	57.16
Free Cash Flow per Share (CN¥)	--	-47.66	37.66	71.58	50.77	26.21

Profitability Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
ROCE (%)	--	1.54	6.69	6.01	2.35	3.47
ROE (%)	-1.21	2.03	8.70	8.12	3.27	4.92
ROA (%)	-0.67	1.27	5.69	5.09	1.96	2.87
EBIT Margin (%)	-1.32	7.36	23.62	21.13	10.53	11.41
Net Margin (%)	-2.90	4.33	17.85	15.09	6.11	8.21
Cash Profit Margin (%)	--	--	--	--	--	--

Growth Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Revenue Growth (%)	-4.23	-0.03	-0.01	0.09	-0.01	0.16
EBIT Growth (%)	-104.76	-69.79	10.55	118.40	-8.27	-45.79
Net Profit Growth (%)	-111.67	-76.48	16.96	168.75	-26.08	-54.49
EPS Growth (%)	-114.00	-0.76	0.19	1.66	-0.26	-0.56
Book Value Growth (%)	-2.06	--	--	--	--	--

Solvency Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Debt to Equity	0.27	0.36	0.28	0.32	0.38	0.41
Short term debt to equity ratio	0.13	0.12	0.08	0.08	0.10	0.08
Current Ratio	2.33	1.76	2.09	3.01	2.67	2.86
Quick Ratio	2.33	1.69	2.01	2.99	2.66	2.84
Interest Coverage	-0.35	3.41	11.14	8.76	4.47	4.15

Operating Efficiency Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Debtors to sales (%)	11.18	10.64	8.18	12.35	17.09	11.91
Asset Turnover	0.23	0.29	0.32	0.34	0.32	0.35
Receivable days	--	34.84	37.74	51.23	53.11	38.75
Inventory Days	--	30.73	20.40	7.37	7.72	19.12
Payable days	--	202.54	130.62	123.15	226.79	135.16
Cash Conversion Cycle	--	-136.96	-72.48	-64.55	-165.96	-77.29

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Income Statement (CN¥ Mln)