Business Segments Baidu, Inc.

Equities

Market Closed - Nasdaq Other stock markets 04:00:00 2025-12-15 pm EST			5-day change	1st Jan Change
118.83 ^USD	-4.94%		-8.63%	+40.94%

Dec. 15	Asian Equities Traded in the US as American Depositary Receipts Little Changed in Monday Trading	MT
Dec. 09	Asian Equities Traded in the US as American Depositary Receipts Decline in Tuesday Trading	MT

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Breakdown by Business Segment (CNY)

Fiscal Period: December	2020	2021	2022	2023	2024
Online Services
Baidu Core	78.68B	95.16B	95.43B	103B	105B
Interest Expense	-	-	-	-	-
Income Tax Expense	4.04B	3.09B	2.49B	3.57B	4.39B
EBT	30.23B	16.94B	10.08B	23.12B	27.79B
Operating Income	20.54B	15.14B	14.53B	18.82B	19.48B
Net Income	26.52B	13.56B	7.55B	19.4B	23.43B
Transaction Services	-	-	-	-	-
Operating Income	-	-	-	-	-
Search Services	-	-	-	-	-
Operating Income	-	-	-	-	-
Entertainment Venues
i QIYI	29.71B	30.55B	29B	31.87B	29.22B
Interest Expense	-	-	-	-	-
Income Tax Expense	23M	97M	84M	81M	61M
EBT	-6.98B	-6.01B	-34M	2.03B	852M
Operating Income	-6.04B	-4.48B	1.31B	2.99B	1.81B
Net Income	-7.04B	-6.17B	-136M	1.92B	764M
Corporate	-	-	-	-	-
Operating Income	-	-	-	-	-
Eliminations & Adjustments	-1.32B	-1.22B	-754M	-740M	-812M
Interest Expense	-	-	-	-	-
Income Tax Expense	-	-	-	-	-
EBT	-157M	-145M	65M	42M	-19M
Operating Income	-157M	-145M	65M	42M	-19M
Net Income	2.99B	2.84B	144M	-1.01B	-435M
Operating Income	-	-	-	-	-

Geographical breakdown of sales (CNY)

Fiscal Period: December	2020	2021	2022	2023	2024
People's Republic of China (PRC)	107B	124B	124B	135B	133B
Total Assets	333B	380B	391B	407B	428B
Interest Expense	-3.1B	-3.42B	-2.91B	-3.25B	-2.82B
Income Tax Expense	4.06B	3.19B	2.58B	3.65B	4.45B
D&A	17.79B	16.13B	14.46B	14.91B	14.63B
CAPEX	-5.33B	-11.24B	-8.39B	-11.19B	-8.13B
Net Income	22.47B	10.23B	7.56B	20.32B	23.76B
EBT	23.09B	10.78B	10.11B	25.2B	28.62B
Operating Income	14.34B	10.52B	15.91B	21.86B	21.27B
Foreign	-	-	-	-	-