Meituan (HKG:3690)
Hong Kong · Delayed Price · Currency is HKD 81.75
+4.10 (5.28%)
Sep 4, 2026, 4:08 PM HKT
Meituan Cash Flow Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Net Income | -38,449 | -23,355 | 35,807 | 13,856 | -6,686 | -23,538 |
Depreciation & Amortization | 11,323 | 10,137 | 8,353 | 7,934 | 9,666 | 8,607 |
Other Amortization | 80.12 | 62.52 | 68.52 | 62.74 | 64.36 | 321.09 |
Loss (Gain) From Sale of Assets | -29.59 | -29.59 | -107.41 | -246.83 | -283.55 | -654.56 |
Asset Writedown & Restructuring Costs | 13.6 | 13.6 | 8.56 | 34.19 | 103.33 | 51.65 |
Loss (Gain) From Sale of Investments | -3,457 | -3,457 | -2,769 | -3,056 | -258.41 | -1,888 |
Loss (Gain) on Equity Investments | -78.89 | -78.89 | -1,186 | -1,213 | -35.85 | -145.62 |
Stock-Based Compensation | 6,002 | 6,002 | 7,583 | 8,383 | 8,743 | 5,194 |
Other Operating Activities | -348.47 | -2,053 | 2,923 | 1,292 | 912.25 | 832.85 |
Change in Accounts Receivable | -735.46 | -735.46 | -180.26 | -727.94 | -377.24 | -746.56 |
Change in Inventory | -1,282 | -1,282 | -428.96 | -141.83 | -481.07 | -40.58 |
Change in Accounts Payable | 7,768 | 7,768 | 2,993 | 4,381 | 2,358 | 3,346 |
Change in Unearned Revenue | 598.92 | 598.92 | 126.56 | 544.76 | -425.11 | 258.9 |
Change in Other Net Operating Assets | -7,406 | -7,406 | 3,955 | 9,419 | -1,888 | 4,391 |
Operating Cash Flow | -26,000 | -13,815 | 57,147 | 40,522 | 11,411 | -4,011 |
Operating Cash Flow Growth | - | - | 41.03% | 255.10% | - | - |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Capital Expenditures | -13,271 | -13,271 | -10,999 | -6,880 | -5,731 | -9,010 |
Sale of Property, Plant & Equipment | 439.93 | 439.93 | 897.21 | 301.07 | 407.6 | 106.22 |
Cash Acquisitions | -96.25 | -96.25 | -36.16 | 365.11 | -89.24 | -13.79 |
Divestitures | 1.62 | 1.62 | -150.98 | - | 72.75 | -867.33 |
Investment in Securities | 39,609 | 39,609 | 16,137 | -21,859 | -11,061 | -49,756 |
Other Investing Activities | -36,430 | 3,089 | 4,358 | 3,409 | 1,687 | 1,050 |
Investing Cash Flow | -9,746 | 29,773 | 10,205 | -24,664 | -14,714 | -58,492 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Long-Term Debt Issued | - | 42,232 | 20,543 | 43,089 | 26,325 | 45,427 |
Total Debt Issued | 42,232 | 42,232 | 20,543 | 43,089 | 26,325 | 45,427 |
Long-Term Debt Repaid | - | -19,399 | -24,590 | -45,116 | -35,324 | -11,770 |
Lease Payments | -3,335 | -3,335 | -3,098 | -2,969 | -2,620 | -2,191 |
Total Debt Repaid | -19,399 | -19,399 | -24,590 | -45,116 | -35,324 | -11,770 |
Net Debt Issued (Repaid) | 22,833 | 22,833 | -4,047 | -2,027 | -8,998 | 33,657 |
Issuance of Common Stock | 55.5 | 55.5 | 152.04 | 193.49 | 170.34 | 45,561 |
Repurchase of Common Stock | -364.84 | -364.84 | -26,090 | - | - | - |
Other Financing Activities | 18,131 | -1,281 | -430.24 | -947.43 | -1,162 | -620.13 |
Financing Cash Flow | 40,655 | 21,243 | -30,415 | -2,781 | -9,990 | 78,598 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Foreign Exchange Rate Adjustments | -1,848 | -1,263 | 556.97 | 104.45 | 937.5 | -675.17 |
Net Cash Flow | 3,060 | 35,937 | 37,494 | 13,181 | -12,355 | 15,420 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Free Cash Flow | -39,271 | -27,086 | 46,147 | 33,642 | 5,680 | -13,022 |
Free Cash Flow Growth | - | - | 37.17% | 492.28% | - | - |
Free Cash Flow Margin | -10.26% | -7.42% | 13.67% | 12.16% | 2.58% | -7.27% |
Free Cash Flow Per Share | -6.43 | -4.46 | 7.41 | 5.34 | 0.92 | -2.16 |
Levered Free Cash Flow | -23,078 | -16,698 | 31,030 | 29,762 | 8,976 | -3,991 |
Unlevered Free Cash Flow | -21,469 | -15,520 | 31,865 | 30,652 | 9,965 | -3,315 |
Free Cash Flow After Leases | -42,606 | -30,420 | 43,049 | 30,673 | 3,061 | -15,213 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 Interest Paid | 1,281 | 1,281 | 427.05 | 578.06 | 1,162 | 620.13 |
Cash Income Tax Paid | 695.35 | 695.35 | 789.64 | 222.85 | 247.26 | 254.73 |
Change in Working Capital | -1,056 | -1,056 | 6,466 | 13,476 | -813.48 | 7,209 |