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Baidu (BIDU) Tax Rate % : -3.35% (As of Dec. 2023)


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What is Baidu Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Baidu's Tax Expense for the three months ended in Dec. 2023 was $-13 Mil. Baidu's Pre-Tax Income for the three months ended in Dec. 2023 was $401 Mil. Therefore, Baidu's Tax Rate % for the quarter that ended in Dec. 2023 was -3.35%.

Baidu Tax Rate % Historical Data

The historical data trend for Baidu's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Baidu Tax Rate % Chart

Baidu Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -572.94 17.60 29.57 25.49 14.48

Baidu Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.67 15.75 19.30 15.67 -3.35

Baidu Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Baidu's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=511.05/3529.033
=14.48 %

Baidu's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=-13.445/401.249
=-3.35 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Baidu Tax Rate % Related Terms

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Baidu (BIDU) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Baidu Inc (NAS:BIDU) » Definitions » Tax Rate %
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PINS SPOT TME SNAP DASH ZG TWLO MTCH RDDT DJT GOOGL META HKSE:00700 XAMS:PRX TSE:6098 JSE:NPN HKSE:01024 XKRX:035420 XKRX:035720 ASX:REA
Traded in Other Exchanges
BAIDF:USA BIDU80:Thailand BIDU:Peru BIDUN:Mexico 09888:Hong Kong 0HL1:UK B1CB:Germany B1CB:Germany B1CB:Germany B1C:Germany B1C:Germany B1C:Germany BIDU34:Brazil BIDU:Austria BIDU:Argentina
Address
No. 10 Shangdi 10th Street, Baidu Campus, Haidian District, Beijing, CHN, 100085
Website
https://ir.baidu.com
Baidu is the largest internet search engine in China with 84% share of the search engine market in September 2021 per web analytics firm, Statcounter. The firm generated 72% of core revenue from online marketing services from its search engine in 2022. Outside its search engine, Baidu is a technology-driven company and its other major growth initiatives are artificial intelligence cloud, video streaming services, voice recognition technology, and autonomous driving.