Meituan (HKG:3690)
Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
75.10
+0.35 (0.47%)
Sep 11, 2026, 4:08 PM HKT

Meituan Financials Overview

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
382,840364,855337,592276,745219,955179,128
Revenue Growth
6.31%8.08%21.99%25.82%22.79%56.04%
Gross Profit
109,947111,009129,78597,19161,75342,474
Operating Income
-46,136-31,03633,1598,997-6,604-25,944
Net Income
-38,449-23,35535,80713,856-6,686-23,538
Earnings Per Share
-6.35-3.925.662.11-1.09-3.90
EPS Growth
--168.72%---

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Core Local Commerce
266,748260,826250,247206,907160,759136,645
New Initiatives
115,391104,02987,34469,83859,19642,483

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
168,314166,834168,243145,160112,032116,795
Total Debt
95,81786,61961,51060,62158,08858,919
Net Cash (Debt)
72,49780,215106,73484,54053,94457,876
Net Cash Growth
-39.61%-24.85%26.25%56.72%-6.79%56.27%
Net Cash Per Share
11.8713.2017.1413.428.769.59

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-26,000-13,81557,14740,52211,411-4,011
Capital Expenditures
-13,271-13,271-10,999-6,880-5,731-9,010
Free Cash Flow
-39,271-27,08646,14733,6425,680-13,022
Free Cash Flow Growth
--37.17%492.28%--

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
28.72%30.43%38.44%35.12%28.07%23.71%
Operating Margin
-12.05%-8.51%9.82%3.25%-3.00%-14.48%
Pretax Margin
-10.66%-6.81%11.25%5.07%-3.07%-13.16%
Profit Margin
-10.04%-6.40%10.61%5.01%-3.04%-13.14%
FCF Margin
-10.26%-7.42%13.67%12.16%2.58%-7.27%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
--24.0733.50--
Forward PE
27.6417.3516.5218.39230.99273.88
P/FCF Ratio
--18.6813.80168.49-
PS Ratio
1.051.552.551.684.356.29