Meituan (HKG:3690)
92.20
-0.85 (-0.91%)
Aug 6, 2026, 4:08 PM HKT
Meituan Financials Overview
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Revenue Revenue Growth | 369,688 | 364,855 | 337,592 | 276,745 | 219,955 | 179,128 |
Revenue Growth | 5.47% | 8.08% | 21.99% | 25.82% | 22.79% | 56.04% |
Gross Profit Gross Profit Growth | 104,916 | 111,009 | 129,785 | 97,191 | 61,753 | 42,474 |
Operating Income Operating Income Growth | -47,660 | -31,036 | 33,159 | 8,997 | -6,604 | -25,944 |
Net Income Net Income Growth | -40,239 | -23,355 | 35,807 | 13,856 | -6,686 | -23,538 |
Earnings Per Share EPS Growth | - | -3.92 | 5.66 | 2.11 | -1.09 | -3.90 |
EPS Growth | - | - | 168.72% | - | - | - |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Dec '25 Dec 31, 2025 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Core Local Commerce Core Local Commerce Growth | 260,826 | 260,826 | 250,247 | 206,907 | 160,759 | 136,645 |
New Initiatives New Initiatives Growth | 104,029 | 104,029 | 87,344 | 69,838 | 59,196 | 42,483 |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Investments Cash & Investments Growth | 180,370 | 166,834 | 168,243 | 145,160 | 112,032 | 116,795 |
Total Debt Total Debt Growth | 112,804 | 86,619 | 61,510 | 60,621 | 58,088 | 58,919 |
Net Cash (Debt) Net Cash Growth | 67,566 | 80,215 | 106,734 | 84,540 | 53,944 | 57,876 |
Net Cash Growth | -42.90% | -24.85% | 26.25% | 56.72% | -6.79% | 56.27% |
Net Cash Per Share Net Cash Per Share Growth | - | 13.20 | 17.14 | 13.42 | 8.76 | 9.59 |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Cash Flow Operating Cash Flow Growth | -30,960 | -13,815 | 57,147 | 40,522 | 11,411 | -4,011 |
Capital Expenditures CapEx Growth | -13,271 | -13,271 | -10,999 | -6,880 | -5,731 | -9,010 |
Free Cash Flow Free Cash Flow Growth | -44,231 | -27,086 | 46,147 | 33,642 | 5,680 | -13,022 |
Free Cash Flow Growth | - | - | 37.17% | 492.28% | - | - |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Gross Margin | 28.38% | 30.43% | 38.44% | 35.12% | 28.07% | 23.71% |
Operating Margin | -12.89% | -8.51% | 9.82% | 3.25% | -3.00% | -14.48% |
Pretax Margin | -11.55% | -6.81% | 11.25% | 5.07% | -3.07% | -13.16% |
Profit Margin | -10.88% | -6.40% | 10.61% | 5.01% | -3.04% | -13.14% |
FCF Margin | -11.96% | -7.42% | 13.67% | 12.16% | 2.58% | -7.27% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Aug '26 Aug 6, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
PE Ratio | - | - | 24.07 | 33.50 | - | - |
Forward PE | 65.73 | 17.35 | 16.52 | 18.39 | 230.99 | 273.88 |
P/FCF Ratio | - | - | 18.68 | 13.80 | 168.49 | - |
PS Ratio | 1.35 | 1.55 | 2.55 | 1.68 | 4.35 | 6.29 |