February 23, 2012 (Chinavestor) This is when the market doesn't make sense. Take a look at Baidu.com Inc. (NASDAQ:BIDU). The company reported a record quarter yet fell after earnings and is still below the $140 level it reached before the announcement.
The company reported sound revenue and earnings growth. It is hardly leveraged and has a very strong cash position. Cash from operations way outnumbered cash spent on investing activities. No need for financing, the company does very well.
Revenue and earnings growth for Baidu.com Inc. (NASDAQ:BIDU) [RMB million]
Total Assets vs. Total Liabilities for Baidu.com Inc. (NASDAQ:BIDU) [RMB million]
Cash Flow Breakdown for Baidu.com Inc. (NASDAQ:BIDU) [RMB million]