Meituan (HKG: 3690)
Hong Kong
· Delayed Price · Currency is HKD | Market Cap | 720.24B |
| Revenue (ttm) | 328.46B |
| Net Income (ttm) | 24.21B |
| Shares Out | 6.07B |
| EPS (ttm) | 3.73 |
| PE Ratio | 31.78 |
| Forward PE | 13.95 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 38,187,905 |
| Open | 118.30 |
| Previous Close | 119.30 |
| Day's Range | 117.20 - 120.20 |
| 52-Week Range | 61.10 - 129.20 |
| Beta | 0.57 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Nov 28, 2024 |
About Meituan
Meituan operates as a technology retail company in the People’s Republic of China. It operates through Core Local Commerce and New Initiatives segments. The company offers food delivery services; and helps consumers purchase local consumer services provided by merchants in numerous in-store categories or make reservations for hotels, and attraction and transportation ticketing. It also sells goods from B2B food distribution services and Meituan grocery; and engages in various businesses, such as Meituan Select, Meituan Instashopping, ride shari... [Read more]
News
Meituan: Sound Fundamentals Despite A Weak Macro Backdrop
Meituan's robust growth is driven by strong fundamentals and potential macroeconomic recovery. Read my earnings analysis of MPNGF stock here.
Meituan delivered another solid quarter, with profit more than doubling despite stiff competition in the Chinese delivery market.
Meituan delivered another solid quarter, with profit more than doubling despite stiff competition in the Chinese delivery market.
Meituan (MPNGF) Q2 2024 Earnings Call Transcript
Meituan (OTCPK:MPNGF) Q2 2024 Earnings Conference Call August 28, 2024 7:00 AM ETCompany ParticipantsScarlett Xu - VP and Head-Capital MarketsXing Wang -...
Meituan reports robust revenue, profit growth in second quarter on ‘value for money’ approach
China’s largest on-demand service provider Meituan reported a 21 per cent jump in second-quarter revenue, bolstered by growth in its core local commerce operations.
Meituan More Than Doubles Profit Despite Tough Competition
The shopping-and-delivery platform delivered another solid quarter, with profit more than doubling despite stiff competition in the Chinese delivery market.
Chinese food delivery giant Meituan beats revenue estimates
Chinese food delivery giant Meituan posted a bigger than expected 21% rise in second-quarter revenue on Wednesday, defying a slowing Chinese economy.
Relief is on the way for hot, hungry trekkers on the Great Wall of China: 5-minute deliveries by drone
Market leader Meituan has launched a service that flies food, drink, medicines and other parcels from a nearby hotel rooftop to one of the ancient wall’s watchtowers.
China's version of UberEats says it now delivers snacks to the Great Wall for 56 cents using drones
Food delivery giant Meituan has launched delivery drones to the tourist destination, as the country tries to boosts its "low-altitude economy."
NetEase, Baidu, Meituan hurt Hong Kong stocks, put third weekly gain in doubt
Hang Seng Index trades lower after pullback on Wall Street and disappointing earnings by Chinese blue chips.
Meituan launches 30-minute delivery services for home appliances in China in Midea deal
The food delivery giant is tapping into China’s growing on-demand e-commerce market by offering a wider variety of products.
Meituan: Near-Term Concerns Gave Us An Attractive Opportunity To Increase Our Position
For H1 2024, Meituan was our largest contributor. Click here for our investment thesis on MPNGY stock.
Hong Kong stocks left out of regional recovery as Meituan, Li Auto pace losses
‘Once the Hong Kong stock market sees some substantial gains, the volatility rises, which could lead to more profit-taking at this point,’ say analysts at Ping An Securities.
Meituan: Q1 Earnings Beat Overshadowed By Cautious Order Volume Guidance
Meituan's revenue and normalized net income rose by +25% YoY and +36% YoY, respectively in Q1 2024, which exceeded expectations. But the company's cautious order volume guidance indicates that its top...
‘The China equity trade is back' and here are the stocks to pick, says SocGen
Early futures action suggest the S&P 500 SPX will open a fraction shy of the fresh record close hit this week.
Analyst discusses Meituan's earnings and expansion plans
Eric Wen, head of research at Blue Lotus Research Institute, discusses Chinese shopping platform Meituan's earnings beat and business outlook.
Meituan (MPNGF) Q1 2024 Earnings Call Transcript
Meituan (OTCPK:MPNGF) Q1 2024 Earnings Conference Call June 6, 2024 7:00 AM ET Company Participants Sijia Xu - VP and Head-Capital Markets Xing Wang - Chairman and CEO Shaohui Chen - SVP and CFO Confe...
Meituan: Cutting Its Way To Profit Growth
Meituan has suffered years of profitless growth in its new business portfolio. But management is finally righting the ship. With plenty of upside levers in the core business as well, Meituan stock is ...
It's time to selectively return to China, analyst argues
Emmanuel Hauptmann, founding partner and head of systematic equities at RAM Active Investments, discusses Chinese AI, the outlook for chips and what is driving the strong increase in Chinese allocatio...
Barclays analyst explains why he sees limited upside for Meituan
Jiong Shao, analyst at Barclays, says "there's a lot of noise" around the Chinese food delivery group's net profit number.
Meituan (MPNGF) Q4 2023 Earnings Call Transcript
Meituan (MPNGF) Q4 2023 Earnings Call Transcript
Meituan Announces Financial Results for the Year Ended December 31, 2023
HONG KONG , March 22, 2024 /PRNewswire/ -- Meituan (HKG: 3690) (the "Company"), a leading technology-driven retail company in China, today announced the audited consolidated results of the Company for...
Meituan Posts Profit on Travel, Consumption Rebound
Meituan reported a profit on higher revenue, as Chinese consumption continued to recover and local businesses rebounded.
China's Meituan has lost $82 billion in market cap on fears over rising competition, slowdown in food delivery business
Stiff competition and management warning of a slowdown have wiped $82 billion off Meituan's market cap in 2023.
Meituan Deserves More Love Than It Gets
China's largest delivery platform constantly impresses. New competition and macroeconomic headwinds are transient challenges. Share price is more than fair for a company of Meituan's scale and moat.
China's Meituan plans share buyback valued at up to $1 billion
Meituan HK:3690, a China-based shopping-and-delivery platform, plans to buy back its shares valued up to $1.0 billion, a day after announcing solid third-quarter results.