Meituan Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Quarter	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Sep '25 Sep 30, 2025	Jun '25 Jun 30, 2025	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Sep '24 Sep 30, 2024	Jun '24 Jun 30, 2024	Mar '24 Mar 31, 2024	Dec '23 Dec 31, 2023	Sep '23 Sep 30, 2023	Jun '23 Jun 30, 2023	Mar '23 Mar 31, 2023	Dec '22 Dec 31, 2022	Sep '22 Sep 30, 2022	Jun '22 Jun 30, 2022	Mar '22 Mar 31, 2022	Dec '21 Dec 31, 2021	Sep '21 Sep 30, 2021	Jun '21 Jun 30, 2021
Cash & Equivalents	117,029	106,771	99,234	101,656	115,015	70,834	42,468	54,704	50,784	33,340	25,149	27,003	26,863	20,159	23,257	25,537	35,406	32,513	50,937	71,388
Short-Term Investments	63,341	10,206	42,054	69,361	65,368	19,268	91,694	11,230	87,811	28,425	108,471	28,894	84,538	21,393	88,261	31,525	68,042	27,865	69,955	15,500
Trading Asset Securities	-	49,856	-	-	-	78,141	-	67,318	-	83,396	-	64,294	-	70,480	-	50,477	-	56,417	-	35,866
Cash & Short-Term Investments	180,370	166,834	141,288	171,018	180,383	168,243	134,163	133,252	138,594	145,160	133,620	120,192	111,400	112,032	111,518	107,539	103,448	116,795	120,893	122,753
Cash Growth	-0.01%	-0.84%	5.31%	28.34%	30.15%	15.90%	0.41%	10.87%	24.41%	29.57%	19.82%	11.77%	7.69%	-4.08%	-7.75%	-12.39%	94.72%	91.18%	126.43%	109.51%
Accounts Receivable	3,769	5,805	3,464	3,141	2,898	5,332	3,252	5,017	3,005	4,929	2,933	4,295	2,305	3,636	2,008	3,759	1,872	3,241	1,657	2,904
Other Receivables	-	764.55	-	-	-	964.44	-	1,121	-	623.09	-	1,605	-	1,468	-	3,642	-	2,258	-	-
Receivables	3,769	24,309	3,464	3,141	2,898	14,083	3,252	10,703	3,005	11,595	2,933	10,634	2,305	10,308	2,008	14,780	1,872	10,318	1,657	8,602
Inventory	3,531	5,263	3,109	2,483	1,901	2,885	1,775	2,360	1,340	1,990	1,364	1,986	1,035	1,803	1,018	1,319	733.17	1,151	658.07	504.04
Prepaid Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,580
Restricted Cash	19,869	21,632	21,491	17,921	17,299	19,550	19,145	19,112	18,277	19,373	18,194	14,871	13,240	14,606	12,635	13,252	11,112	13,277	12,915	12,436
Other Current Assets	28,500	7,021	30,163	22,831	18,160	4,973	15,534	4,841	13,416	4,997	14,330	5,410	12,640	4,398	11,673	3,485	17,382	6,287	17,048	5,968
Total Current Assets	236,039	225,057	199,515	217,393	220,641	209,735	173,869	170,268	174,632	183,116	170,440	153,092	140,620	143,145	138,853	140,376	134,548	147,829	153,170	152,843
Property, Plant & Equipment	40,260	38,705	38,272	34,026	32,134	30,239	30,387	29,493	26,735	25,978	24,289	21,918	21,719	22,201	22,821	23,192	23,078	22,814	22,494	14,610
Long-Term Investments	52,942	45,945	43,945	43,419	45,385	48,837	45,225	49,943	47,960	47,612	53,751	54,438	50,273	42,091	49,126	43,886	37,140	34,202	31,255	26,934
Goodwill	-	27,774	-	-	-	27,774	-	27,774	-	27,774	-	27,774	-	27,774	-	27,774	-	27,731	-	27,647
Other Intangible Assets	30,180	2,447	30,270	30,322	30,361	2,457	30,272	2,538	30,361	2,624	30,448	2,714	30,528	2,869	30,760	3,100	30,936	3,318	31,108	3,655
Long-Term Deferred Tax Assets	4,913	4,276	3,345	2,142	2,212	1,925	1,851	1,847	1,999	1,914	1,623	1,643	1,592	1,497	1,348	1,218	1,205	1,378	871.63	599.44
Other Long-Term Assets	2,554	936.43	2,687	2,896	3,198	1,386	4,323	1,747	3,620	1,636	4,962	1,428	5,283	1,662	4,025	1,924	3,973	2,359	3,712	10,013
Total Assets	366,888	346,910	318,034	330,198	333,932	324,355	285,927	285,558	285,306	293,030	285,513	266,006	250,015	244,481	246,932	243,027	230,880	240,653	242,610	237,128
Accounts Payable	31,613	36,901	30,683	29,253	25,373	26,474	23,827	23,278	20,296	23,341	21,339	19,052	15,238	17,684	14,699	14,308	13,723	15,446	13,346	12,442
Accrued Expenses	-	10,137	-	-	-	8,780	-	6,658	-	7,831	-	6,822	-	7,964	-	6,772	-	7,226	-	8,036
Current Portion of Long-Term Debt	16,716	14,379	16,205	16,321	16,808	16,569	10,464	11,464	11,078	19,322	21,761	18,592	17,638	17,562	16,327	11,011	11,716	11,565	13,733	11,563
Current Portion of Leases	2,830	2,738	2,806	2,838	2,687	2,622	2,544	2,399	2,363	2,480	2,306	2,102	2,078	2,166	2,011	1,900	1,801	1,757	1,480	1,424
Current Income Taxes Payable	363.05	244.14	233.94	202.85	223.49	207.07	165.92	143.66	146.18	206.03	67.45	35.39	108.52	100.47	142.2	48.54	139.36	104.39	201.06	66.7
Current Unearned Revenue	6,256	6,323	6,527	6,114	5,669	5,725	5,994	5,607	5,484	5,598	5,805	5,476	5,208	5,053	5,461	5,004	4,931	5,478	5,782	5,477
Other Current Liabilities	60,434	52,820	60,350	57,749	54,844	47,559	52,363	44,707	48,282	42,097	46,325	32,301	36,627	25,900	32,101	27,101	28,003	27,016	34,228	22,101
Total Current Liabilities	118,211	123,542	116,804	112,478	105,604	107,936	95,357	94,256	87,649	100,874	97,604	84,381	76,897	76,430	70,740	66,144	60,314	68,593	68,770	61,111
Long-Term Debt	89,390	65,904	28,713	28,493	39,260	39,184	25,206	26,008	36,278	35,221	35,393	35,363	34,888	35,156	44,592	49,656	45,685	42,603	41,446	38,187
Long-Term Leases	3,868	3,598	3,542	3,326	3,301	3,135	3,129	3,180	3,279	3,598	3,414	2,928	3,067	3,203	3,078	2,823	2,769	2,994	2,198	1,949
Long-Term Unearned Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	52.42
Long-Term Deferred Tax Liabilities	4,210	2,288	1,496	1,495	1,575	1,481	1,297	939.42	958.43	968.23	864.38	886.29	858.53	846.1	826.17	774.31	800.81	895.69	796.65	752.26
Other Long-Term Liabilities	1,326	589.92	100.68	108.28	55.64	15.48	672.2	675.97	401.62	411.62	413.85	409.94	160.62	139.77	63.94	64.04	223.74	10.59	158.31	247.09
Total Liabilities	217,006	195,922	150,656	145,901	149,796	151,751	125,661	125,059	128,567	141,073	137,689	123,968	115,871	115,775	119,300	119,462	109,792	115,097	113,369	102,299
Common Stock	0.41	0.41	0.41	0.41	0.41	0.4	0.41	0.42	0.42	0.42	0.42	0.42	0.42	0.42	0.42	0.42	0.41	0.41	0.41	0.41
Additional Paid-In Capital	319,967	317,415	316,935	315,253	312,430	308,861	312,505	325,916	324,927	325,579	324,507	322,815	317,278	316,743	315,585	314,887	311,461	311,221	310,888	307,843
Retained Earnings	-169,969	-163,218	-148,074	-129,441	-129,745	-139,802	-146,032	-158,896	-170,248	-175,617	-177,827	-181,420	-186,108	-189,466	-188,344	-189,561	-188,444	-182,742	-177,400	-167,405
Treasury Stock	-	-364.84	-364.84	-364.84	-	-	-4,398	-6,314	-	-	-	-	-	-	-	-	-	-	-	-
Comprehensive Income & Other	-59.25	-2,786	-1,061	-1,092	1,509	3,603	-1,752	-150.53	2,116	2,051	1,198	698.42	3,028	1,484	446.43	-1,706	-1,873	-2,867	-4,191	-5,552
Total Common Equity	149,940	151,046	167,436	184,356	184,195	172,663	160,324	160,555	156,795	152,013	147,878	142,093	134,199	128,762	127,687	123,621	121,144	125,613	129,298	134,886
Minority Interest	-57.91	-58.06	-57.98	-58.35	-58.83	-58.88	-58.91	-55.98	-56.4	-56.84	-54.68	-54.89	-55.64	-55.89	-55.9	-56.27	-56.76	-56.68	-56.64	-56.78
Shareholders' Equity	149,882	150,988	167,378	184,298	184,136	172,604	160,265	160,499	156,739	151,956	147,824	142,038	134,143	128,706	127,632	123,565	121,088	125,557	129,241	134,829
Total Liabilities & Equity	366,888	346,910	318,034	330,198	333,932	324,355	285,927	285,558	285,306	293,030	285,513	266,006	250,015	244,481	246,932	243,027	230,880	240,653	242,610	237,128
Total Debt	112,804	86,619	51,266	50,977	62,056	61,510	41,342	43,050	52,998	60,621	62,874	58,985	57,671	58,088	66,008	65,390	61,971	58,919	58,857	53,123
Net Cash (Debt)	67,566	80,215	90,022	120,040	118,327	106,734	92,820	90,202	85,596	84,540	70,746	61,207	53,729	53,944	45,509	42,149	41,477	57,876	62,035	69,630
Net Cash Growth	-42.90%	-24.85%	-3.02%	33.08%	38.24%	26.25%	31.20%	47.37%	59.31%	56.72%	55.45%	45.21%	29.54%	-6.79%	-26.64%	-39.47%	49.34%	56.27%	42.56%	29.86%
Net Cash Per Share	-	13.20	-	19.81	-	17.14	-	14.34	-	13.42	-	9.83	-	8.76	-	6.88	-	9.59	-	11.77
Filing Date Shares Outstanding	-	6,109	-	6,061	-	6,046	-	6,186	-	6,244	-	6,187	-	6,193	-	6,187	-	6,136	-	6,112
Total Common Shares Outstanding	-	6,109	-	6,061	-	6,046	-	6,186	-	6,244	-	6,187	-	6,193	-	6,187	-	6,136	-	6,112
Working Capital	117,827	101,516	82,711	104,915	115,037	101,799	78,511	76,012	86,983	82,242	72,836	68,712	63,723	66,715	68,112	74,232	74,234	79,236	84,400	91,732
Book Value Per Share	-	24.73	-	30.42	-	28.56	-	25.95	-	24.34	-	22.96	-	20.79	-	19.98	-	20.47	-	22.07
Tangible Book Value	119,759	120,825	137,166	154,034	153,834	142,433	130,052	130,243	126,435	121,615	117,430	111,605	103,671	98,119	96,927	92,747	90,209	94,565	98,190	103,584
Tangible Book Value Per Share	-	19.78	-	25.41	-	23.56	-	21.05	-	19.48	-	18.04	-	15.84	-	14.99	-	15.41	-	16.95
Land	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,738	-	-	-	-
Machinery	-	20,289	-	-	-	30,563	-	27,987	-	25,022	-	22,611	-	21,557	-	23,921	-	21,361	-	19,425
Construction In Progress	-	3,486	-	-	-	2,754	-	2,192	-	1,770	-	1,485	-	1,251	-	1,025	-	943	-	387.93