Baidu.com, Inc. (ADR) (NASDAQ:BIDU) Tech Business Preview
Experts predict the revenue will be $677.5 million in this quarter, and it will rise of 82.1% from the year-ago quarter. Experts are also predicting the total revenue of $3.57 billion for the year, and it will rise of 59.4% from last year’s revenue of $2.24 billion.
Baidu.com, Inc. (ADR) (NASDAQ:BIDU) is ranked 4th among 88 Internet Information Provider companies by long term growth rate. The company maintains the long term growth rate of 43.28 percent as compared to highest long term growth rate of 80 percent in its industry.
Baidu.com, Inc. (ADR) (NASDAQ:BIDU) generated the total revenue of $4.47 billion for the quarter ended December 31st, 2011 as compared to revenue of $4.45 billion for the same period last year. The company reported the net profit of $2.05 billion or earnings of $58.73 per share for the respective quarter as compared to net income of $1.16 billion or earnings of $33.22 per share last year.
The company’s total assets accumulate up to $23.34 billion out of which fixed assets have the highest proportion. The company maintains a strong short term liquidity position as per its current ratio of 3.60 times.
Baidu.com, Inc. (ADR)’s Competitors:
Google Inc. (NASDAQ:GOOG), Sohu.com Inc. (NASDAQ:SOHU), SINA Corporation (NASDAQ:SINA), Yahoo! Inc. (NASDAQ:YHOO), NetEase.com, Inc. (NASDAQ:NTES), InfoSpace, Inc. (NASDAQ:INSP), Microsoft Corporation (NASDAQ:MSFT), Youku.com Inc (NYSE:YOKU), and AOL, Inc. (NYSE:AOL).
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