After finally disposing of $9888 (-4.01%) with a 30% loss, I invested the money in a more promising share. Sometimes you have to admit your mistakes and look for new opportunities. 🚀 Have a nice sunny day!
Baidu Stock Forum
StockStockISIN: KYG070341048
Ticker: 9888
KYG070341048
9888
Discussion about 9888
Posts
18
2Mon·
$9888 (-4.01%) - Baidu Q2 Earnings Highlights:
- Diluted EPS (Non-GAAP): ¥21.02 (Est. ¥18.54)
- Revenue: ¥33.9B (Est. ¥34.1B) , Flat YoY
- Baidu App MAUs: Reached 703M, UP +4% YoY.
Segment Revenue:
- Baidu Core: ¥26.7B; UP +1% YoY
- Non-Online Marketing: ¥7.5B; UP +10% YoY (driven by AI Cloud business)
- iQIYI: ¥7.4B; DOWN -5% YoY
- Online Marketing: ¥19.2B; DOWN -2% YoY
- Non-Online Marketing: ¥7.5B; UP +10% YoY
Operating Metrics:
- Operating Income: ¥5.9B; UP +14% YoY
- Baidu Core Operating Income: ¥5.6B; UP +23% YoY
- Adjusted EBITDA: ¥9.1B; Flat YoY
- Adjusted EBITDA Margin: 27%
- Adjusted EBITDA (Baidu Core): ¥8.6B; UP +5% YoY
- Adjusted EBITDA Margin (Baidu Core): 32%
Cash and Financial Position:
- Net Income (Non-GAAP): ¥7.4B
- Net Income (Baidu Core Non-GAAP): ¥7.3B
- Free Cash Flow: ¥6.3B
- Free Cash Flow Excluding iQIYI: ¥5.9B
- Cash, Cash Equivalents, and Short-Term Investments: ¥162.0B
77
1 Comment
2Mon
What is your humble opinion about this stock? I am thinking of buying it..
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5Mon·
Baidu ($9888 (-4.01%) ) is considering a collaboration with Tesla ($TSLA (+9.97%) ) in the field of robotaxis in China. This cooperation would be part of the Apollo Go initiative initiative of Baidu. Apollo Go is expected to become profitable next year as Baidu intensifies its efforts to reduce costs and increase orders. In the last quarter 2023, about 839k rides with the Apollo Go service were carried out, with around 45% of the orders in Wuhan were completely driverless.
Baidu plans to launch its 6th generation of robotaxis at a price of about 200k yuan which is less than half the price of its predecessor. Baidu expects that Apollo Go in Q4 2024 the break-even point and by 2025 becomes profitable.
1010
2 Comments
5Mon
Have you added Baidu
$9888 in your portfolio? The share has only one way to go - down. Apollo Go is only a small part of the offering, which is why there seems to be little interest in the company from an investment fund perspective. In terms of turnover, it is also more of a "small" company in the tech sector.
$9888 in your portfolio? The share has only one way to go - down. Apollo Go is only a small part of the offering, which is why there seems to be little interest in the company from an investment fund perspective. In terms of turnover, it is also more of a "small" company in the tech sector.
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7Mon·
According to a report in the South China Morning Post Baidu's
$9888 (-4.01%) Ernie AI bot on its iPhone 16 for the Chinese market.
I'll try a warrant on Baidu with a factor of 2x
55
8 Comments
Where are these rumors coming from? I thought Apple had announced that it would use Google's AI.
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11
•9Mon·
China 🇨🇳 is one of the most important economies in the world. That is why I would like to be invested there with at least a small amount, despite the known political risks. I have been invested for some time $9888 (-4.01%) invested - however, the share price has not yet been able to benefit from the AI boom, the share price is moving sideways at best and there are no dividends either. $855 (-0.17%) or in $1211 (-3.83%) or in
11
14 Comments
9Mon
I live in China for almos 20 years already, I personally won't invest in China now, things don't look well and from my little prospective i don't see going any better in the future.
People here is loosing hope, they are only used to have double digit grow for the last decades and I think they are not ready mentally to adapt to something which is is not full gas grow.
I'm obviously somehoe investing in China since i work and have family here, but I will never put extra money in their stock; instead I'm followign the trend of the people here, try to take money out as soon as have the chance.
People here is loosing hope, they are only used to have double digit grow for the last decades and I think they are not ready mentally to adapt to something which is is not full gas grow.
I'm obviously somehoe investing in China since i work and have family here, but I will never put extra money in their stock; instead I'm followign the trend of the people here, try to take money out as soon as have the chance.
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2222
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10Mon·
Small bet on rising China stocks next year.
Opinions?
33
3 Comments
10Mon
China feels like a game of chance. As there is no real free market there and bans and regulations can be introduced at any time, it is almost impossible to predict. The crash alone, which occurred a few days ago because the gaming industry was "regulated" again, makes it unpredictable.
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11Mon·
Enclosed my portfolio update
In general, consumer spending in America seems to be slowly weakening in the 4th quarter.
The retailer Walmart $WMT (+1.81%) and others like $LOW (+2.33%) cyclical stocks like Deere $DE (-2.8%) are reporting a worse outlook.
Stay true to the strategy of adding tech with Ki Phantasie, gold, crypto and safe investments like Mc Doof $MCD (+2.19%) to establish.
Nice hit today with Baidu $9888 (-4.01%) They have reported good figures and are also stepping on the gas in the AI sector.
There is a lot going on 🔥🔥🔥🔥
+9 % since the beginning of the year
Not outstanding, but solid. Unfortunately, I didn't take advantage of the rally in NVidia, Microsoft and Co.
22
1Yr·
What went on at $9888 (-4.01%) going down? Down 20 percent last month. I can't find any information on this.
1Yr·
I would like to add another emerging market stock to my portfolio. Having already bought Baidu ($9888 (-4.01%) ), Reliance Industries ($RELIANCE ), Infosys ($INFY ), Kaspi kz ($KSPI (-1.9%) ) and Ambev ($ABEV3 ), I would like to add a stock from Indonesia to my basket. I see growth opportunities here in particular due to the forecast population growth.
My eye has fallen on the conglomerate Astra International ($ASII (-4.01%) ), in which the Jardine Matheson ($J36 (+0.58%) ) group is also a shareholder. Their businesses would be a good addition to my portfolio. However, I can hardly find any info on the company online.
Has anyone looked into the company in more detail?
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