Baidu Inc - ADR
BIDU
Market Cap$31.06B
Close$
Earnings Call Q4 2024
February 18, 2025 - AI Summary
Revenue Performance: Baidu reported total revenues of RMB 34.1 billion for Q4 2024, down 2% year-over-year (YOY), while Baidu Core revenue increased slightly by 1% YOY to RMB 27.7 billion. Full year revenue also slightly decreased by 1% to RMB 133.1 billion, highlighting the ongoing challenges in its online marketing segment.
AI Cloud Growth: The AI Cloud business showed robust momentum with a 26% YOY revenue increase in Q4, contributing to a full year growth of 17%. The demand for ERNIE and the significant uptake of AI-related services were key drivers, with GenAI related revenue tripling year-over-year, reflecting strong market adoption and trust.
Challenges in Online Marketing: Baidu's online marketing revenue decreased by 7% YOY to RMB 17.9 billion in Q4, accounting for a significant 65% of Baidu Core revenues. The competitive landscape remains tough, with small and medium enterprises particularly sensitive to macroeconomic conditions, which continues to impact ad spending negatively.
Exclusive for Stockcircle Pro members
Sign up
$70.48
22.6% downside
Current Fair Value
22.6% downsideOvervalued by 22.6% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $31.06 Billion |
|---|---|
| Enterprise Value | $85.56 Billion |
| Dividend Yield | $0 (0%) |
| Earnings per Share | $66.48 |
| Beta | 0.37 |
| Outstanding Shares | 346,875,000 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 10.43 |
|---|---|
| PEG | 5.93 |
| Price to Sales | 0.24 |
| Price to Book Ratio | 0.11 |
| Enterprise Value to Revenue | 0.64 |
| Enterprise Value to EBIT | 4.02 |
| Enterprise Value to Net Income | 3 |
| Total Debt to Enterprise | 0.93 |
| Debt to Equity | 0.3 |
Revenue Sources
No data
Insider Trades
ESG Score
No data
About Baidu Inc
CEO: Yanhong Li