Baidu Inc Intrinsic Stock Value – BAIDU INC Reports Second Quarter Earnings Results for FY2023
August 25, 2023
🌥️Earnings Overview
For the second quarter of FY2023, BAIDU INC ($SGX:K3SD) reported total revenue of CNY 34.1 billion, which was a 14.9% increase compared to the same period in the previous year. Net income saw an impressive 43.1% rise, amounting to CNY 5.2 billion.
Share Price
The stock opened at SG$175.0 and closed at the same price. Additionally, BAIDU INC saw strong performance from its artificial intelligence businesses, including its AI-powered intelligent voice assistant and autonomous driving platform. Overall, it appears that BAIDU INC has seen substantial growth in the second quarter of FY2023, with both its online advertising and AI businesses driving the company’s success. With such promising results, investors are likely to continue to have confidence in BAIDU INC’s future performance. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Baidu Inc. More…
| Total Revenues | Net Income | Net Margin |
| 130.82k | 15.84k | 12.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Baidu Inc. More…
| Operations | Investing | Financing |
| 33.06k | -23.07k | -9.9k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Baidu Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 406.32k | 152.87k | 674.04 |
Key Ratios Snapshot
Some of the financial key ratios for Baidu Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 7.4% | 25.3% | 18.5% |
| FCF Margin | ROE | ROA |
| 18.9% | 6.5% | 3.7% |
Analysis – Baidu Inc Intrinsic Stock Value
At GoodWhale, we conducted an extensive analysis of BAIDU INC‘s wellbeing. Our proprietary Valuation Line algorithm suggested an intrinsic value of SG$173.2 for the share, which is slightly lower than the current market price of SG$175.0. Therefore, we concluded that the BAIDU INC is trading at a fair price, though with a slight 1.1% overvaluation. More…
Summary
BAIDU INC has seen impressive growth during the second quarter of FY2023, with total revenue increasing by 14.9% year-on-year to CNY 34.1 billion. The company’s net income also experienced a sharp rise of 43.1%, reaching CNY 5.2 billion. This impressive performance could signify an attractive opportunity for investors. BAIDU INC’s consistent revenue growth, strong margins and cash flow indicate a very solid financial position.
The company’s positive outlook, backed by competitive advantages in the search engine and AI technology arenas, suggest that the future of BAIDU INC is bright. Therefore, investors should keep an eye on this company as it continues to grow and develop.
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