Baidu Inc (BIDUN) - Net Assets
Based on the latest financial reports, Baidu Inc (BIDUN) has net assets worth MX$287.60 Billion MXN (≈ $16.55 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (MX$444.07 Billion ≈ $25.56 Billion USD) and total liabilities (MX$156.47 Billion ≈ $9.01 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Baidu Inc (BIDUN) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | MX$287.60 Billion |
| % of Total Assets | 64.76% |
| Annual Growth Rate | 19.31% |
| 5-Year Change | 50.27% |
| 10-Year Change | 236.77% |
| Growth Volatility | 17.33 |
Baidu Inc - Net Assets Trend (2013–2024)
This chart illustrates how Baidu Inc's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Baidu Inc for the complete picture of this company's asset base.
Annual Net Assets for Baidu Inc (2013–2024)
The table below shows the annual net assets of Baidu Inc from 2013 to 2024. For live valuation and market cap data, see Baidu Inc (BIDUN) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | MX$283.61 Billion ≈ $16.32 Billion |
+8.00% |
| 2023-12-31 | MX$262.61 Billion ≈ $15.11 Billion |
+10.43% |
| 2022-12-31 | MX$237.81 Billion ≈ $13.69 Billion |
+9.69% |
| 2021-12-31 | MX$216.80 Billion ≈ $12.48 Billion |
+14.87% |
| 2020-12-31 | MX$188.74 Billion ≈ $10.86 Billion |
+9.92% |
| 2019-12-31 | MX$171.71 Billion ≈ $9.88 Billion |
-1.90% |
| 2018-12-31 | MX$175.04 Billion ≈ $10.07 Billion |
+46.66% |
| 2017-12-31 | MX$119.35 Billion ≈ $6.87 Billion |
+29.38% |
| 2016-12-31 | MX$92.25 Billion ≈ $5.31 Billion |
+9.54% |
| 2015-12-31 | MX$84.22 Billion ≈ $4.85 Billion |
+55.80% |
| 2014-12-31 | MX$54.05 Billion ≈ $3.11 Billion |
+32.92% |
| 2013-12-31 | MX$40.67 Billion ≈ $2.34 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Baidu Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 421.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | MX$180.07 Billion | 68.31% |
| Other Components | MX$83.55 Billion | 31.69% |
| Total Equity | MX$263.62 Billion | 100.00% |
Baidu Inc Competitors by Market Cap
The table below lists competitors of Baidu Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cathay Financial Holding Co Ltd
TW:2882
|
$35.68 Billion |
|
Las Vegas Sands Corp
NYSE:LVS
|
$35.70 Billion |
|
Muyuan Foodstuff Co Ltd
SHE:002714
|
$35.73 Billion |
|
Nutrien Ltd
TO:NTR
|
$35.75 Billion |
|
ArcelorMittal SA
XETRA:ARRD
|
$35.56 Billion |
|
Sysco Corporation
NYSE:SYY
|
$35.46 Billion |
|
ASM INTL N.V. NY/1 EO-04
F:AVSN
|
$35.44 Billion |
|
Martin Marietta Materials Inc
NYSE:MLM
|
$35.43 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Baidu Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 243,626,000,000 to 263,620,000,000, a change of 19,994,000,000 (8.2%).
- Net income of 23,760,000,000 contributed positively to equity growth.
- Share repurchases of 6,324,000,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | MX$23.76 Billion | +9.01% |
| Share Repurchases | MX$6.32 Billion | -2.4% |
| Other Changes | MX$2.56 Billion | +0.97% |
| Total Change | MX$- | 8.21% |
Book Value vs Market Value Analysis
This analysis compares Baidu Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 23.31x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 53.69x to 23.31x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | MX$41.41 | MX$2223.25 | x |
| 2018-12-31 | MX$58.29 | MX$2223.25 | x |
| 2019-12-31 | MX$59.13 | MX$2223.25 | x |
| 2020-12-31 | MX$68.19 | MX$2223.25 | x |
| 2021-12-31 | MX$76.50 | MX$2223.25 | x |
| 2022-12-31 | MX$79.91 | MX$2223.25 | x |
| 2023-12-31 | MX$86.85 | MX$2223.25 | x |
| 2024-12-31 | MX$95.39 | MX$2223.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Baidu Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.01%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.85%
- • Asset Turnover: 0.31x
- • Equity Multiplier: 1.62x
- Recent ROE (9.01%) is below the historical average (14.98%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 27.46% | 33.03% | 0.45x | 1.85x | MX$6.71 Billion |
| 2014 | 25.84% | 26.90% | 0.49x | 1.94x | MX$8.09 Billion |
| 2015 | 41.95% | 50.71% | 0.45x | 1.84x | MX$25.64 Billion |
| 2016 | 12.61% | 16.49% | 0.39x | 1.97x | MX$2.40 Billion |
| 2017 | 15.87% | 21.58% | 0.34x | 2.18x | MX$6.77 Billion |
| 2018 | 16.93% | 26.96% | 0.34x | 1.83x | MX$11.28 Billion |
| 2019 | 1.26% | 1.92% | 0.36x | 1.84x | MX$-14.30 Billion |
| 2020 | 12.30% | 20.99% | 0.32x | 1.82x | MX$4.20 Billion |
| 2021 | 4.84% | 8.21% | 0.33x | 1.80x | MX$-10.92 Billion |
| 2022 | 3.38% | 6.11% | 0.32x | 1.75x | MX$-14.79 Billion |
| 2023 | 8.34% | 15.09% | 0.33x | 1.67x | MX$-4.05 Billion |
| 2024 | 9.01% | 17.85% | 0.31x | 1.62x | MX$-2.60 Billion |
Industry Comparison
This section compares Baidu Inc's net assets metrics with peer companies in the Internet Content & Information industry.
No peer company data available for comparison.
About Baidu Inc
Baidu, Inc. provides online marketing and non-marketing value added services through an internet platform in the People's Republic of China. It operates in two segments, Baidu Core and iQIYI. The Baidu Core segment offers search-based, feed-based, and other online marketing services; cloud services; and other products and services based on AI. This segment operates Baidu App that enables users to… Read more