Meituan

SEHK:3690 Stock Report

Market Cap: HK$940.5b

Meituan Future Growth

Future criteria checks 4/6

Meituan is forecast to grow earnings and revenue by 21.4% and 12.9% per annum respectively. EPS is expected to grow by 2% per annum. Return on equity is forecast to be 17.5% in 3 years.

Key information

21.4%

Earnings growth rate

2.0%

EPS growth rate

Hospitality earnings growth22.0%
Revenue growth rate12.9%
Future return on equity17.5%
Analyst coverage

Good

Last updated18 Dec 2024

Recent future growth updates

Recent updates

Meituan's (HKG:3690) Promising Earnings May Rest On Soft Foundations

Dec 06
Meituan's (HKG:3690) Promising Earnings May Rest On Soft Foundations

We Think Meituan (HKG:3690) Can Manage Its Debt With Ease

Nov 26
We Think Meituan (HKG:3690) Can Manage Its Debt With Ease

Meituan's (HKG:3690) P/E Is On The Mark

Nov 04
Meituan's (HKG:3690) P/E Is On The Mark

Meituan's (HKG:3690) Strong Earnings Are Of Good Quality

May 06
Meituan's (HKG:3690) Strong Earnings Are Of Good Quality

Returns At Meituan (HKG:3690) Are On The Way Up

Apr 26
Returns At Meituan (HKG:3690) Are On The Way Up

Meituan's (HKG:3690) Intrinsic Value Is Potentially 69% Above Its Share Price

Apr 11
Meituan's (HKG:3690) Intrinsic Value Is Potentially 69% Above Its Share Price

We Think Meituan (HKG:3690) Can Manage Its Debt With Ease

Mar 26
We Think Meituan (HKG:3690) Can Manage Its Debt With Ease

What Meituan's (HKG:3690) 26% Share Price Gain Is Not Telling You

Mar 11
What Meituan's (HKG:3690) 26% Share Price Gain Is Not Telling You

Pinning Down Meituan's (HKG:3690) P/S Is Difficult Right Now

Jan 08
Pinning Down Meituan's (HKG:3690) P/S Is Difficult Right Now

We Think Meituan (HKG:3690) Can Manage Its Debt With Ease

Dec 21
We Think Meituan (HKG:3690) Can Manage Its Debt With Ease

Earnings and Revenue Growth Forecasts

SEHK:3690 - Analysts future estimates and past financials data (CNY Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/2026448,21159,81169,21370,71831
12/31/2025390,24346,18960,03568,02643
12/31/2024336,96436,54644,84546,36540
9/30/2024322,80031,80239,97050,678N/A
6/30/2024305,69022,53035,93646,644N/A
3/31/2024291,40315,86631,57438,453N/A
12/31/2023276,74513,85633,64240,522N/A
9/30/2023263,17810,55629,74134,192N/A
6/30/2023249,3308,17927,92232,373N/A
3/31/2023232,3042,37525,00830,739N/A
12/31/2022219,955-6,6865,68011,411N/A
9/30/2022209,349-10,9422,2408,928N/A
6/30/2022195,560-22,153-11,195-4,507N/A
3/31/2022188,380-24,394-19,870-10,859N/A
12/31/2021179,128-23,538-13,022-4,011N/A
9/30/2021168,155-20,444-14,337-961N/A
6/30/2021154,508-4,128-11,9966,380N/A
3/31/2021135,2691,439-6,0969,084N/A
12/31/2020114,7954,708-7,3498,475N/A
9/30/2020104,2058,411-2,5656,959N/A
6/30/202096,2883,4251,7466,269N/A
3/31/202094,2692,0921,0153,816N/A
12/31/201996,7422,2392,5745,574N/A
9/30/201988,272-2,644N/AN/AN/A
6/30/201979,940-87,275-6,705-3,816N/A
3/31/201972,511-95,858N/AN/AN/A
12/31/201864,771-115,477-11,456-9,180N/A
9/30/201855,756-114,213N/AN/AN/A
6/30/201846,497-35,270N/A-4,381N/A
3/31/201838,314-33,766N/AN/AN/A
12/31/201733,928-18,917N/A-310N/A
12/31/201612,988-10,894N/A-1,918N/A
12/31/20154,019-9,231N/A-4,004N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 3690's forecast earnings growth (21.4% per year) is above the savings rate (2.3%).

Earnings vs Market: 3690's earnings (21.4% per year) are forecast to grow faster than the Hong Kong market (11.6% per year).

High Growth Earnings: 3690's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 3690's revenue (12.9% per year) is forecast to grow faster than the Hong Kong market (7.8% per year).

High Growth Revenue: 3690's revenue (12.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 3690's Return on Equity is forecast to be low in 3 years time (17.5%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 17:08
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Meituan is covered by 66 analysts. 43 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Sau Shing ChowABCI Securities Company Limited
Zixiao YangArete Research Services LLP
Jiong ShaoBarclays