Baidu Historical Income Statement

BIDU Stock  USD 104.99  1.33  1.28%   
Historical analysis of Baidu income statement accounts such as Interest Expense of 3.4 B, Selling General Administrative of 24.7 B or Total Revenue of 141.3 B can show how well Baidu Inc performed in making a profits. Evaluating Baidu income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Baidu's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Baidu Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Baidu Inc is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Baidu Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

About Baidu Income Statement Analysis

Baidu Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Baidu shareholders. The income statement also shows Baidu investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Baidu Income Statement Chart

Baidu Inc Income Statement is one of the three primary financial statements used for reporting Baidu's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Baidu Inc revenue and expense. Baidu Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Baidu's EBITDA is comparatively stable compared to the past year. Cost Of Revenue is likely to gain to about 68.3 B in 2024, whereas Net Income is likely to drop slightly above 10.2 B in 2024.

Total Revenue

Total revenue comprises all receipts Baidu Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Baidu Inc minus its cost of goods sold. It is profit before Baidu operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Baidu Inc. It is also known as Baidu overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Baidu's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Baidu Inc current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Baidu Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
At this time, Baidu's EBITDA is comparatively stable compared to the past year. Cost Of Revenue is likely to gain to about 68.3 B in 2024, whereas Net Income is likely to drop slightly above 10.2 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit60.2B59.7B69.6B73.0B
Total Revenue124.5B123.7B134.6B141.3B

Baidu income statement Correlations

0.87-0.290.820.740.85-0.54-0.530.830.080.870.820.070.720.080.480.830.10.35-0.720.840.650.84
0.87-0.160.960.930.97-0.25-0.260.980.360.970.960.230.560.060.40.930.140.04-0.780.930.810.95
-0.29-0.16-0.09-0.1-0.10.350.3-0.180.17-0.08-0.130.01-0.42-0.08-0.14-0.03-0.130.16-0.04-0.070.11-0.2
0.820.96-0.090.991.0-0.07-0.080.990.530.990.990.390.490.220.530.930.190.07-0.770.90.80.85
0.740.93-0.10.990.970.060.060.970.640.960.980.490.440.310.580.880.23-0.02-0.690.850.780.8
0.850.97-0.11.00.97-0.15-0.150.990.471.00.990.330.530.170.520.930.140.08-0.80.90.790.87
-0.54-0.250.35-0.070.06-0.150.9-0.140.69-0.18-0.110.6-0.60.480.15-0.130.47-0.180.32-0.23-0.04-0.41
-0.53-0.260.3-0.080.06-0.150.9-0.140.79-0.19-0.080.75-0.330.640.35-0.190.21-0.320.41-0.28-0.09-0.41
0.830.98-0.180.990.970.99-0.14-0.140.470.980.990.320.510.150.470.920.16-0.01-0.760.910.810.89
0.080.360.170.530.640.470.690.790.470.430.530.920.10.750.690.40.31-0.16-0.080.290.380.17
0.870.97-0.080.990.961.0-0.18-0.190.980.430.980.290.520.140.490.940.150.14-0.830.910.80.87
0.820.96-0.130.990.980.99-0.11-0.080.990.530.980.390.530.220.550.90.120.01-0.750.880.770.85
0.070.230.010.390.490.330.60.750.320.920.290.390.270.930.820.270.370.010.090.110.150.04
0.720.56-0.420.490.440.53-0.6-0.330.510.10.520.530.270.330.620.43-0.190.18-0.310.420.230.56
0.080.06-0.080.220.310.170.480.640.150.750.140.220.930.330.880.130.410.170.260.00.03-0.09
0.480.4-0.140.530.580.520.150.350.470.690.490.550.820.620.880.410.220.23-0.110.310.260.24
0.830.93-0.030.930.880.93-0.13-0.190.920.40.940.90.270.430.130.410.30.28-0.750.90.790.84
0.10.14-0.130.190.230.140.470.210.160.310.150.120.37-0.190.410.220.30.330.080.230.240.1
0.350.040.160.07-0.020.08-0.18-0.32-0.01-0.160.140.010.010.180.170.230.280.33-0.220.02-0.12-0.05
-0.72-0.78-0.04-0.77-0.69-0.80.320.41-0.76-0.08-0.83-0.750.09-0.310.26-0.11-0.750.08-0.22-0.73-0.59-0.66
0.840.93-0.070.90.850.9-0.23-0.280.910.290.910.880.110.420.00.310.90.230.02-0.730.950.92
0.650.810.110.80.780.79-0.04-0.090.810.380.80.770.150.230.030.260.790.24-0.12-0.590.950.8
0.840.95-0.20.850.80.87-0.41-0.410.890.170.870.850.040.56-0.090.240.840.1-0.05-0.660.920.8
Click cells to compare fundamentals

Baidu Account Relationship Matchups

Baidu income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization22.1B22.7B22.6B20.1B15.0B8.1B
Interest Expense3.0B3.1B3.4B2.9B3.2B3.4B
Selling General Administrative58.2B(54.8B)(56.0B)(54.2B)23.5B24.7B
Total Revenue107.4B107.1B124.5B123.7B134.6B141.3B
Gross Profit44.6B51.9B60.2B59.7B69.6B73.0B
Other Operating Expenses101.1B92.7B114.0B107.8B112.7B118.4B
Operating Income(19.5B)(8.4B)(8.5B)(5.6B)21.9B22.9B
Ebit(19.5B)(8.4B)(8.5B)(5.6B)21.9B22.9B
Research Development18.3B19.5B24.9B23.3B24.2B25.4B
Ebitda2.7B14.3B14.1B14.5B36.9B38.7B
Cost Of Revenue62.9B55.2B64.3B63.9B65.0B68.3B
Total Operating Expenses38.3B37.6B49.7B43.8B47.7B50.1B
Income Before Tax(340M)23.1B10.8B10.1B25.2B26.5B
Total Other Income Expense Net19.1B31.5B19.2B15.7B3.3B3.2B
Net Income(2.3B)22.5B7.6B7.6B20.3B10.2B
Income Tax Expense1.9B4.1B3.2B2.6B3.6B2.1B
Net Income Applicable To Common Shares2.0B22.4B10.2B7.0B8.0B8.1B
Net Income From Continuing Ops(2.3B)22.5B7.6B7.5B21.5B13.2B
Minority Interest9.2B9.1B2.6B25M(1.2B)(1.2B)
Tax Provision1.9B4.1B3.2B2.6B3.6B2.8B
Interest Income6.1B5.4B5.6B6.2B8.0B5.2B
Net Interest Income3.1B2.3B2.1B3.3B4.8B2.9B
Reconciled Depreciation22.1B22.7B22.6B20.1B21.5B21.5B

Pair Trading with Baidu

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Baidu position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Baidu will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to Baidu could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Baidu when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Baidu - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Baidu Inc to buy it.
The correlation of Baidu is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Baidu moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Baidu Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Baidu can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Baidu Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Baidu Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Baidu Inc Stock. Highlighted below are key reports to facilitate an investment decision about Baidu Inc Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Baidu Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Note that the Baidu Inc information on this page should be used as a complementary analysis to other Baidu's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for Baidu Stock analysis

When running Baidu's price analysis, check to measure Baidu's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Baidu is operating at the current time. Most of Baidu's value examination focuses on studying past and present price action to predict the probability of Baidu's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Baidu's price. Additionally, you may evaluate how the addition of Baidu to your portfolios can decrease your overall portfolio volatility.
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Is Baidu's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Baidu. If investors know Baidu will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Baidu listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.57)
Earnings Share
7.71
Revenue Per Share
383.607
Quarterly Revenue Growth
0.057
Return On Assets
0.0343
The market value of Baidu Inc is measured differently than its book value, which is the value of Baidu that is recorded on the company's balance sheet. Investors also form their own opinion of Baidu's value that differs from its market value or its book value, called intrinsic value, which is Baidu's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Baidu's market value can be influenced by many factors that don't directly affect Baidu's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Baidu's value and its price as these two are different measures arrived at by different means. Investors typically determine if Baidu is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Baidu's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.