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BIDU · Internet & apps · China

Baidu

Runs China’s biggest search engine and Apollo Go robotaxis.

Company Health

31
/100
Weak
A quick check of the business from its yearly reports (2022–2025). It doesn’t say whether the stock is a good buy.
Does it make money?
11 of 25 · Okay
CN¥4 of every CN¥100 in sales was left as profit last year.
Is it growing?
10 of 25 · Okay
Sales grew about 1% a year over the last 3 years.
Can it handle what it owes?
10 of 25 · Okay
Its business used cash last year, and it owes CN¥35 of every CN¥100 it owns.
Does it bring in spare cash?
0 of 25 · Poor
It spent more cash than it brought in: CN¥12 of every CN¥100 in sales.

Who owns it

2 of 23 own it · 2 bought more lately
bought lately
owns it
doesn’t own it
Didn’t report owning it: Whale Rock, Melqart, Coatue, D1 Capital, Light Street, Lone Pine, Third Point, TCI, Pershing Square, Himalaya Capital, Greenlight, Giverny Capital, Fundsmith, Semper Augustus, Akre
Their letters don’t mention it: Arquitos, Laughing Water, Alluvial, Bireme, Kingdom Capital, Saga Partners
From each fund’s latest 13F report (Jun 30, 2026). Funds that don’t file one: from their own letters.

The numbers

From Baidu’s yearly reports, in Chinese yuan. Tap a year to see its figures.

Sales and profit

Sales grew from CN¥107 billion in 2020 to CN¥129 billion in 2025, and it made a profit every year.
2025
Sales
CN¥129 billion
Profit
CN¥5.59 billion

Spare cash each year

It had cash to spare in 5 of the 6 years, but in 2025 it spent CN¥15.1 billion more than it brought in.
2025
Cash shortfall
CN¥15.1 billion
Spare cash is the cash its business brought in, minus what it spent on buildings and equipment.

What it owns and what it owes

At the end of 2025 it owned CN¥449 billion, including CN¥24.6 billion in cash, and owed CN¥159 billion.

Key facts

From its yearly report for 2025.
Sales
CN¥129 billion
Profit
CN¥5.59 billion
Cash shortfall
CN¥15.1 billion
Cash in the bank
CN¥24.6 billion
Everything it owes
CN¥159 billion
Year ends
December
Money shown in
Chinese yuan
Latest yearly report
20-F, filed Mar 17, 2026
Figures from Baidu’s yearly reports to the SEC (EDGAR), collected Oct 12, 2026.
Not investment advice. Holdings come from public SEC reports and the funds’ own letters, and can be up to 4½ months old. How this works
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