XHKG3690
Market cap124bUSD
Dec 20, Last price
158.60HKD
1D
0.13%
1Q
16.70%
IPO
119.97%
Name
Meituan
Chart & Performance
P/E
65.42
P/S
3.28
EPS
2.27
Div Yield, %
0.00%
Shrs. gr., 5y
18.26%
Rev. gr., 5y
33.52%
Revenues
276.74b
+25.82%
Net income
13.86b
P
CFO
40.52b
+255.10%
Earnings
Mar 20, 2025
Profile
Meituan operates an e-commerce platform for various services. It operates through Food Delivery; In-store, Hotel & Travel; and New Initiatives and Others segments. The Food delivery segment provides consumers place orders of food prepared by merchants. The In-store, Hotel & Travel segment offers consumers purchase local consumer services provided by merchants in numerous in-store categories or make reservations for hotels and attractions. The New Initiatives and Others segment sales goods from B2B food distribution services and Meituan grocery; and various businesses, such as Meituan Instashopping, community e-commerce, bike-sharing and electric mopeds, and micro-credit services. The company was formerly known as Meituan Dianping and changed its name to Meituan in October 2020. Meituan was founded in 2003 and is headquartered in Beijing, China.
Valuation
Title CNY in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
| Income | |||||||||
Revenues | 276,744,954 25.82% | 219,954,948 22.79% | 179,127,997 56.04% | ||||||
Cost of revenue | 268,743,862 | 228,458,756 | 202,625,256 | ||||||
Unusual Expense (Income) | |||||||||
NOPBT | 8,001,092 | (8,503,808) | (23,497,259) | ||||||
NOPBT Margin | 2.89% | ||||||||
Operating Taxes | 164,537 | (70,194) | (30,279) | ||||||
Tax Rate | 2.06% | ||||||||
NOPAT | 7,836,555 | (8,433,614) | (23,466,980) | ||||||
Net income | 13,855,828 -307.26% | (6,685,323) -71.60% | (23,536,198) -599.89% | ||||||
Dividends | |||||||||
Dividend yield | |||||||||
Proceeds from repurchase of equity | 193,492 | 170,341 | 45,561,470 | ||||||
BB yield | -0.04% | -0.02% | -3.35% | ||||||
| Debt | |||||||||
Debt current | 21,801,578 | 19,728,123 | 13,321,759 | ||||||
Long-term debt | 44,897,358 | 43,728,643 | 50,348,056 | ||||||
Deferred revenue | |||||||||
Other long-term liabilities | 1,379,849 | 139,773 | 10,588 | ||||||
Net debt | (97,648,613) | 1,206,843 | (3,045,405) | ||||||
| Cash flow | |||||||||
Cash from operating activities | 40,521,850 | 11,411,448 | (4,011,457) | ||||||
CAPEX | (6,879,551) | (5,731,304) | (9,010,455) | ||||||
Cash from investing activities | (24,663,844) | (14,713,569) | (58,491,834) | ||||||
Cash from financing activities | (2,781,303) | (9,990,201) | 78,598,331 | ||||||
FCF | 4,799,220 | (14,335,380) | (25,232,392) | ||||||
| Balance | |||||||||
Cash | 145,160,433 | 112,031,876 | 116,795,444 | ||||||
Long term investments | 19,187,116 | (49,781,953) | (50,080,224) | ||||||
Excess cash | 150,510,301 | 51,252,176 | 57,758,820 | ||||||
Stockholders' equity | (175,673,307) | (188,037,627) | (182,797,800) | ||||||
Invested Capital | 389,630,422 | 374,196,503 | 366,548,517 | ||||||
ROIC | 2.05% | ||||||||
ROCE | 3.74% | ||||||||
| EV | |||||||||
Common stock shares outstanding | 6,300,268 | 6,156,595 | 6,037,677 | ||||||
Price | 81.90 -53.12% | 174.70 -22.49% | 225.40 -21.68% | ||||||
Market cap | 515,991,949 -52.03% | 1,075,557,128 -20.97% | 1,360,892,360 -21.24% | ||||||
EV | 418,286,496 | 1,076,708,078 | 1,360,656,950 | ||||||
EBITDA | 15,997,849 | 1,226,506 | (14,569,240) | ||||||
EV/EBITDA | 26.15 | 877.87 | |||||||
Interest | 1,423,853 | 1,583,185 | 1,080,698 | ||||||
Interest/NOPBT | 17.80% | ||||||||