BIDU vs HUYA
Baidu, Inc. and Huya Inc., side by side — 10 fiscal years reported in CNY, drawn from SEC filings.
Most recent reported year
| Metric | BIDU | HUYA |
|---|---|---|
| Revenue | CNY 129.1B | CNY 6.5B |
| Net income | CNY 5.6B | CNY -112.6M |
| Gross margin | 43.9% | 13.4% |
| Net margin | 4.2% | −1.7% |
| Return on equity | 2.1% | −1.8% |
| Diluted EPS | · | −CNY 0.49 |
| Dividend / share | · | · |
| Payout ratio | · | −2138.6% |
| Free cash flow | CNY -15.1B | CNY -344.0M |
| Equity | CNY 266.3B | CNY 4.9B |
| Net debt / equity | 0.07× | · |
| Current ratio | 1.76× | 2.84× |
| Revenue CAGR 5y | 3.8% | −9.8% |
| Profit CAGR 5y | −24.3% | · |
BIDU bills 19.9× the revenue of HUYA, and HUYA closed the last reported year at a loss.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | BIDU | HUYA |
|---|---|---|
| FY2025 | CNY 129.1B | CNY 6.5B |
| FY2024 | CNY 133.1B | CNY 6.1B |
| FY2023 | CNY 134.6B | CNY 7.0B |
| FY2022 | CNY 123.7B | CNY 9.3B |
| FY2021 | CNY 124.5B | CNY 11.4B |
| FY2020 | CNY 107.1B | CNY 10.9B |
| FY2019 | CNY 107.4B | CNY 8.4B |
| FY2018 | CNY 102.3B | CNY 4.7B |
| FY2017 | CNY 84.8B | CNY 2.2B |
| FY2016 | CNY 70.5B | CNY 796.9M |
Bottom line
| Fiscal year | BIDU | HUYA |
|---|---|---|
| FY2025 | CNY 5.6B | CNY -112.6M |
| FY2024 | CNY 23.8B | CNY -48.0M |
| FY2023 | CNY 20.3B | CNY -204.5M |
| FY2022 | CNY 7.6B | CNY -547.7M |
| FY2021 | CNY 10.2B | CNY 583.5M |
| FY2020 | CNY 22.5B | CNY 884.2M |
| FY2019 | CNY 2.1B | CNY 468.2M |
| FY2018 | CNY 27.6B | CNY -1.9B |
| FY2017 | CNY 18.3B | CNY -81.0M |
| FY2016 | CNY 11.6B | CNY -625.6M |
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +CNY 122,576,600,000 | BIDU |
| FY2024 | +CNY 127,045,885,000 | BIDU |
| FY2023 | +CNY 127,603,672,000 | BIDU |
| FY2022 | +CNY 114,410,649,000 | BIDU |
| FY2021 | +CNY 113,141,554,000 | BIDU |
| FY2020 | +CNY 96,159,626,000 | BIDU |
| FY2019 | +CNY 99,038,499,000 | BIDU |
| FY2018 | +CNY 97,613,560,000 | BIDU |
| FY2017 | +CNY 82,624,184,000 | BIDU |
| FY2016 | +CNY 69,752,096,000 | BIDU |
BIDU has reported the higher revenue in every one of these 10 fiscal years. The gap has widened since the earliest year compared.
10 of 19 comparable fiscal years — a year missing data on either side is not counted.
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +6.0 pp | BIDU |
| FY2024 | +18.9 pp | BIDU |
| FY2023 | +18.9 pp | BIDU |
| FY2022 | +12.0 pp | BIDU |
| FY2021 | +1.0 pp | BIDU |
| FY2020 | +9.7 pp | BIDU |
| FY2019 | −7.7 pp | HUYA |
| FY2018 | +63.6 pp | BIDU |
| FY2017 | +26.6 pp | BIDU |
| FY2016 | +95.9 pp | BIDU |
The higher net margin has changed hands between BIDU and HUYA over this period.
10 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
HUYA's net margin has been more volatile than BIDU's over the 10 comparable fiscal years — 25.9 percentage points of standard deviation against 8.1.
10 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between BIDU and HUYA over these 10 fiscal years — BIDU led in 9 and HUYA in 1.
10 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
HUYA's return on equity has been more volatile than BIDU's over the 8 comparable fiscal years — 23.5 percentage points of standard deviation against 5.9.
8 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between BIDU and HUYA over these 8 fiscal years — BIDU led in 6 and HUYA in 2.
8 of 19 comparable fiscal years — a year missing data on either side is not counted.