Meituan (HKG:3690)
Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
92.20
-0.85 (-0.91%)
Aug 6, 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 EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
369,688364,855337,592276,745219,955179,128
Revenue Growth
5.47%8.08%21.99%25.82%22.79%56.04%
Gross Profit
104,916111,009129,78597,19161,75342,474
Operating Income
-47,660-31,03633,1598,997-6,604-25,944
Net Income
-40,239-23,35535,80713,856-6,686-23,538
Earnings Per Share
--3.925.662.11-1.09-3.90
EPS Growth
--168.72%---

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Core Local Commerce
260,826260,826250,247206,907160,759136,645
New Initiatives
104,029104,02987,34469,83859,19642,483

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
180,370166,834168,243145,160112,032116,795
Total Debt
112,80486,61961,51060,62158,08858,919
Net Cash (Debt)
67,56680,215106,73484,54053,94457,876
Net Cash Growth
-42.90%-24.85%26.25%56.72%-6.79%56.27%
Net Cash Per Share
-13.2017.1413.428.769.59

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-30,960-13,81557,14740,52211,411-4,011
Capital Expenditures
-13,271-13,271-10,999-6,880-5,731-9,010
Free Cash Flow
-44,231-27,08646,14733,6425,680-13,022
Free Cash Flow Growth
--37.17%492.28%--

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
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%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
--24.0733.50--
Forward PE
65.7317.3516.5218.39230.99273.88
P/FCF Ratio
--18.6813.80168.49-
PS Ratio
1.351.552.551.684.356.29