BIDU Baidu, Inc. featured news, full reports, and detailed charts
Baidu, Inc. (BIDU) Wrap Up:
We were incorporated in the Cayman Islands in January 2000. Since our inception, we have conducted our operations principally through Baidu Online, our wholly owned subsidiary in Beijing, China. In addition, we have conducted part of our operations through Baidu Netcom, a limited liability company in Beijing, China, which holds the licenses and approvals necessary to operate our websites and provide online advertising services. In June 2005, we established Baidu China, a wholly owned subsidiary in Shanghai, China, to manage our business and operations in the southern part of China. In April 2006, we established Baidu Times, a wholly owned subsidiary in Beijing, China. In June 2006, we assisted in establishing Beijing Perusal, a limited liability company in Beijing, China, which is our consolidated affiliated entity. In December 2006, we set up Baidu Inc., a wholly owned subsidiary in Tokyo, Japan. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2007%2f05%2f30%2f0001193125-07-125387.html#FIS_COMPANY_INFORMATION"Baidu, Inc. (BIDU:NASDAQ)
Snapshot of Baidu, Inc. (BIDU)
|
OPEN
$424.16
|
PREVIOUS CLOSE
$428.01
|
|
|
DAY HIGH
$427.79
|
DAY LOW
$421.77
|
|
|
52 WEEK HIGH
11/17/09 - $442.86
|
52 WEEK LOW
12/10/08 - $100.50
|
|
|
MARKET CAP
14.8B
|
AVERAGE VOLUME 3 mo
1.8M
|
|
|
DILUTED EPS TTM
$5.66
|
SHARES OUTSTANDING
34.5M
|
|
|
BIDU Does Not Pay Dividends
|
P/E TTM
75.5x
|
|
| K = Thousands M = Millions B = Billions | ||
related news
BIDU Top Compensated Officers
Executives, Board Directors
Key developments for Baidu, Inc. (BIDU)
Qtrax announced that Baidu Inc. has agreed to direct music related search inquiries from its Entertainment Portal, and Qian Qian Music Online sites to Qtrax's independent, free and legal download service, wherever Qtrax has the queried artist or song in its catalogue.
Baidu Inc. announced unaudited consolidated financial results for the third quarter ended September 30, 2009. For the quarter, the company reported total revenues of RMB 1,278.7 million ($187.3 million), representing a 39.1% increase from RMB 919.1 million for the corresponding period in 2008. Operating profit was RMB 521.4 million ($76.4 million), representing a 41.6% increase from RMB 368.3 million for the corresponding period in 2008. Operating profit excluding share-based compensation expenses (non-GAAP) was RMB 542.7 million ($79.5 million), a 40.8% increase from RMB 385.3 million for the corresponding period in 2008. Income before income taxes was RMB 542.0 million compared to RMB 382.7 million for the same period a year ago. Net income was RMB 492.9 million ($72.2 million), representing a 41.7% increase from RMB 347.9 million for the corresponding period in 2008. Basic and diluted EPS amounted to RMB 14.23 ($2.08) and RMB 14.14 ($2.07), respectively compared to RMB 10.15 and RMB 10.00, respectively for the same period a year ago. Net income excluding share-based compensation expenses (non-GAAP) was RMB 514.1 million ($75.3 million), a 40.9% increase from RMB 364.9 million for the corresponding period in 2008. Basic and diluted EPS excluding share based compensation expense (non-GAAP) amounted to RMB 14.84 ($2.17) and RMB 14.75 ($2.16), respectively. Net operating cash inflow and capital expenditures were RMB 733.9 million ($107.5 million) and RMB 129.6 million ($19.0 million), respectively compared to the net cash provided by operating activities RMB 733.9 million for the same period of 2008. Adjusted EBITDA (non-GAAP), defined in this announcement as earnings before interest, taxes, depreciation, amortization, other non-operating income and share-based compensation expenses, was RMB 622.1 million ($91.1 million), representing a 36.0% increase from RMB 622.1 million for the corresponding period in 2008. The company expects moderate year-over-year growth for the fourth quarter of 2009 due to the temporary negative impact anticipated when the Online Marketing Classic Edition is discontinued. The company currently expects to generate total revenues in an amount ranging from RMB 1,190 million ($174 million) to RMB 1,230 million ($180 million) for the fourth quarter of 2009, representing 32% to 36% year-over-year growth. This forecast reflects company's current and preliminary view, which is subject to change.
Baidu, Inc. has entered into a strategic partnership with China Unicom (Hong Kong) Ltd, the country's second largest telecom operator, to provide wireless search services to the telecom carrier's 3G mobile subscribers. Under the agreement, Baidu's wireless search services, including text, image, MP3 and news search, will be embedded in China Unicom's 3G mobile phone modules. It will also provide search functions within China Unicom's wireless Internet sites to cater for the needs of the carrier's users.
BIDU Competitors
| Company | Last | Change |
| Netease.com Inc | $38.25 USD | +1.05 |
| Shanda Interactive Entertainment Ltd | $48.39 USD | +0.05 |
| Sohu.com Inc | $54.00 USD | -1.20 |
| Yahoo Japan Corp | ¥25,910 JPY | +550.00 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | BIDU | Industry Range |
| Price/Earnings | 75.3x |
|
| Price/Sales | 24.7x |
|
| Price/Book | 23.5x |
|
| Price/Cash Flow | 74.9x |
|
| TEV/Sales | 23.7x |
|
|
BIDU |
||
BIDU transactions
| Type Date |
Target | |
| No transactions in the last 6 months. | ||
More Recent News About Baidu, Inc.
More news for BIDU
India or China: Which Is the Better Place to Invest?
When both India’s Bombay Sensex and China’s Shanghai composite indices have soared about 70 percent year to date, many investors have added both markets to their A-list. But which country is a better place to invest? David Riedel, founder of Riedel Research Group and Paul Goodwin, analyst and editor for Cabot China & Emerging Markets Newsletter shared their opinions.David Riedel picks India over China, based on India’s demographics, politics and productivity. “China is the fastest aging population in the world and India has 31 percent of its population under the age of 14. That’s the consumer boom waiting to happen,†Riedel says. He also thinks India’s democratic political system is constructive to business investment. India’s infrastructure, however, still lags way behind China, which leads Riedel to believe that India is a land of more opportunities.“There is a lot of hanging fruit to be harvested in India to get the productivity together and build that infrastructure,†says Riedel. “India is the place to go with your million dollars.†On the other side, Paul Goodwin makes a case for investing in China. “China is what’s happening right now. Whether or not you approve of a communist government, the government is extremely experienced and good in running the economy. Right now China’s engine is just running faster,†Paul says.As China's industrial output rose 16.1 percent in October from a year earl...Click here to read the whole Article (external link)
Something Borrowed
By LORETTA CHAO BEIJING—Baidu Inc., owner of the most popular Web site in China, isn't known for ground-breaking innovation. From the Google-esque look of Baidu.com's main page to its Wikipedia-like encyclopedia to a question-and-answer service that's similar to Yahoo Answers, the Chinese Internet search company has long been tarred by critics as unoriginal. But Baidu also is an example of how many Chinese technology companies manage to outfox foreign competitors by tailoring existing technologies to China's growing and fast-changing market. While that may not earn them respect as global innovators, their understanding of the Chinese consumer has allowed many of them to beat bigger foreign rivals at their own game in China, home to the world's largest number of Internet users. Baidu dominates China's Internet search market, holding a 61% share of industry revenue in the second quarter, compared with 29% for Google Inc., its biggest Internet-search competitor. While that is partly the result of regulatory issues and loose enforcement of copyright protections in China that have enabled Baidu to provide access to unlicensed music downloads through its site, it also is the result of subtle but effective distinctions on its pages and of popular tools like Baidu Post Bar, an online message board that lets users create discussion topics.For a long time, the search bar on Baidu's main page was longer and wider than Google's, says Liu Ning, a Beijing analyst with research firm BDA China Ltd. "This makes a difference for Chinese users, because Chinese characters are much more complex t...Click here to read the whole Article (external link)
Fund Wins With Focus On Quality Buys
Dennis Lynch and his five co-managers of Morgan Stanley Institutional Mid Cap Growth keep an eagle eye out for what they consider quality businesses. Those firms generate lots of free cash flow, a key to earnings growth. And earnings drive price gains."High-quality businesses have sustainable advantages," said Lynch, lead manager of the $3.8 billion fund (NASDAQ:MPEGX - News).Sustainable advantages come in many forms. Some stem from a unique product or service. Some arise from the high cost to potential rivals of setting up shop.Solid fundamentals are the first sign of quality, Lynch says.To find quality, Mid Cap Growth's analysts work as generalists rather than specialists.Each is free to look in many directions around a company they are studying. They can study suppliers, customers, rivals and so on. Their leeway often leads to new ideas.The fund has a steep $5 million minimum initial investment. Lynch's team also runs $270 million Mid Cap Growth (NASDAQ:DGRAX - News). It requires a $1,000 initial ante. The funds' approach is the same and their portfolios often are too.Its focus on sustainable advantages usually leads Lynch's team to long holding periods. Its turno...Click here to read the whole Article (external link)