Meituan（3690）株式概要美団は、中華人民共和国、香港、マカオ、台湾、および国際的に、テクノロジー主導の小売企業として事業を展開している。 詳細3690 ファンダメンタル分析スノーフレーク・スコア評価4/6将来の成長4/6過去の実績0/6財務の健全性3/6配当金0/6報酬当社が推定した公正価値より61.3%で取引されている 収益は年間67.34%増加すると予測されています リスク分析過去3か月間に大規模なインサイダー売却が発生 すべてのリスクチェックを見る3690 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueHK$Current PriceHK$82.1017.7% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-115b589b2016201920222025202620282031Revenue CN¥588.6bEarnings CN¥46.1bAdvancedSet Fair ValueView all narrativesMeituan 競合他社MIXUE GroupSymbol: SEHK:2097Market cap: HK$97.6bHaidilao International HoldingSymbol: SEHK:6862Market cap: HK$75.2bGuming HoldingsSymbol: SEHK:1364Market cap: HK$52.7bAuntea Jenny (Shanghai) IndustrialSymbol: SEHK:2589Market cap: HK$16.8b価格と性能株価の高値、安値、推移の概要Meituan過去の株価現在の株価HK$82.1052週高値HK$149.8052週安値HK$73.60ベータ0.201ヶ月の変化-5.03%3ヶ月変化1.67%1年変化-39.63%3年間の変化-34.84%5年間の変化-69.79%IPOからの変化-14.03%最新ニュースお知らせ • May 21Meituan to Report Q1, 2026 Results on Jun 01, 2026Meituan announced that they will report Q1, 2026 results After-Market on Jun 01, 2026お知らせ • Mar 16Meituan to Report Fiscal Year 2025 Results on Mar 26, 2026Meituan announced that they will report fiscal year 2025 results on Mar 26, 2026お知らせ • Feb 13Meituan Provides Earning Guidance for the Year Ended December 31, 2025Meituan provided earning guidance for the year ended December 31, 2025. For the period, the Group expects to record a loss in the range of approximately RMB 23,300 million to RMB 24,300 million for the year ended December 31, 2025 (the "FY2025"), as compared to a profit of approximately RMB 35,808 million for the year ended December 31, 2024 (the "FY2024"). The expected loss of the Group in FY2025 was primarily due to a reversal from an operating profit of approximately RMB 52,415 million in FY2024 to an operating loss of approximately RMB 6,800 million to RMB 7,000 million in FY2025 for the Core Local Commerce segment, together with increased investments in the Group's overseas businesses. In particular, in response to the unprecedentedly intense industry competition in FY2025, the Group strategically increased investments across its entire ecosystem to strengthen its core advantages and drive sustainable growth. These initiatives mainly included: (i) on the consumer front, enhancing marketing and promotional efforts to strengthen brand awareness and price competitiveness, thereby continuously improving user transaction activity and engagement; (ii) on the delivery front, increasing incentives and enriching benefits for couriers to ensure service quality and enhance user experience; and (iii) on the merchant front, maintaining proactive resource investment to support merchants in improving operational efficiency, expanding consumer reach, iterating business models, and achieving steady growth.お知らせ • Nov 18Meituan to Report Q3, 2025 Results on Nov 28, 2025Meituan announced that they will report Q3, 2025 results on Nov 28, 2025お知らせ • Aug 17Meituan to Report First Half, 2025 Results on Aug 27, 2025Meituan announced that they will report first half, 2025 results on Aug 27, 2025お知らせ • Jun 25Naspers May Sell Part of Its 4% Stake in MeituanNaspers Limited (JSE:NPN) is prepared to sell down its ZAR 71 billion stake in the world's largest food delivery company following moves by China's Meituan (SEHK:3690) to enter Brazil, a market in which the JSE-listed group is already dominant. In May, Chinese technology and delivery giant Meituan said it was preparing to launch its food delivery service, Keeta, in Brazil. The company plans to invest $1 billion (ZAR 17.78 billion) over the next five years to establish and expand its operations in the country. This expansion marks Meituan's entry into the South American market. For Naspers, which holds a stake in Meituan of about 4%, the move presents a conundrum as it already operates one of the largest food delivery businesses in the region, iFood. Meituan's entry would see two of its associated companies directly competing in Brazil. During an investor call late on Monday, Naspers and Prosus CEO Fabricio Bloisi said the group may sell part of the stake in Meituan, using the funds to invest in its own e-commerce businesses. The former iFood CEO is bearish about the Chinese company's ability to crack the Latin America market, saying there is a high chance of failure. "Our strategy is to invest more in companies that reinforce our ecosystem and we are going to keep doing that aggressively. I think Meituan has less probability of winning internationally," said Bloisi. "They are going to face some tough competition. As a Meituan shareholder I am disappointed because their risk of failing increases. Therefore, we might sell part of the Meituan shares, [to invest] in other areas with more connection to our existing ecosystems." Such a move is likely to unlock a big cash pile for Naspers, whose Meituan stake is valued about $4 billion (ZAR 71.1 billion). Naspers acquired this stake in 2022 after Chinese internet giant Tencent decided to distribute its 17% stake in Meituan to shareholders. "If we say let's invest more in some businesses in Latin America that we believe will reinforce our ecosystem, we could sell part of [our] Meituan shares, or everything that we think is reasonable, to invest more to reinforce our ecosystem," Bloisi said. "And we are going to do that, looking to our shareholders. If we have opportunities to grow faster and better than Meituan in some of our ecosystems, we will do it." For Meituan, this move is part a broader global expansion strategy, following its previous expansions into Hong Kong and the Middle East.最新情報をもっと見るRecent updatesお知らせ • May 21Meituan to Report Q1, 2026 Results on Jun 01, 2026Meituan announced that they will report Q1, 2026 results After-Market on Jun 01, 2026お知らせ • Mar 16Meituan to Report Fiscal Year 2025 Results on Mar 26, 2026Meituan announced that they will report fiscal year 2025 results on Mar 26, 2026お知らせ • Feb 13Meituan Provides Earning Guidance for the Year Ended December 31, 2025Meituan provided earning guidance for the year ended December 31, 2025. For the period, the Group expects to record a loss in the range of approximately RMB 23,300 million to RMB 24,300 million for the year ended December 31, 2025 (the "FY2025"), as compared to a profit of approximately RMB 35,808 million for the year ended December 31, 2024 (the "FY2024"). The expected loss of the Group in FY2025 was primarily due to a reversal from an operating profit of approximately RMB 52,415 million in FY2024 to an operating loss of approximately RMB 6,800 million to RMB 7,000 million in FY2025 for the Core Local Commerce segment, together with increased investments in the Group's overseas businesses. In particular, in response to the unprecedentedly intense industry competition in FY2025, the Group strategically increased investments across its entire ecosystem to strengthen its core advantages and drive sustainable growth. These initiatives mainly included: (i) on the consumer front, enhancing marketing and promotional efforts to strengthen brand awareness and price competitiveness, thereby continuously improving user transaction activity and engagement; (ii) on the delivery front, increasing incentives and enriching benefits for couriers to ensure service quality and enhance user experience; and (iii) on the merchant front, maintaining proactive resource investment to support merchants in improving operational efficiency, expanding consumer reach, iterating business models, and achieving steady growth.お知らせ • Nov 18Meituan to Report Q3, 2025 Results on Nov 28, 2025Meituan announced that they will report Q3, 2025 results on Nov 28, 2025お知らせ • Aug 17Meituan to Report First Half, 2025 Results on Aug 27, 2025Meituan announced that they will report first half, 2025 results on Aug 27, 2025お知らせ • Jun 25Naspers May Sell Part of Its 4% Stake in MeituanNaspers Limited (JSE:NPN) is prepared to sell down its ZAR 71 billion stake in the world's largest food delivery company following moves by China's Meituan (SEHK:3690) to enter Brazil, a market in which the JSE-listed group is already dominant. In May, Chinese technology and delivery giant Meituan said it was preparing to launch its food delivery service, Keeta, in Brazil. The company plans to invest $1 billion (ZAR 17.78 billion) over the next five years to establish and expand its operations in the country. This expansion marks Meituan's entry into the South American market. For Naspers, which holds a stake in Meituan of about 4%, the move presents a conundrum as it already operates one of the largest food delivery businesses in the region, iFood. Meituan's entry would see two of its associated companies directly competing in Brazil. During an investor call late on Monday, Naspers and Prosus CEO Fabricio Bloisi said the group may sell part of the stake in Meituan, using the funds to invest in its own e-commerce businesses. The former iFood CEO is bearish about the Chinese company's ability to crack the Latin America market, saying there is a high chance of failure. "Our strategy is to invest more in companies that reinforce our ecosystem and we are going to keep doing that aggressively. I think Meituan has less probability of winning internationally," said Bloisi. "They are going to face some tough competition. As a Meituan shareholder I am disappointed because their risk of failing increases. Therefore, we might sell part of the Meituan shares, [to invest] in other areas with more connection to our existing ecosystems." Such a move is likely to unlock a big cash pile for Naspers, whose Meituan stake is valued about $4 billion (ZAR 71.1 billion). Naspers acquired this stake in 2022 after Chinese internet giant Tencent decided to distribute its 17% stake in Meituan to shareholders. "If we say let's invest more in some businesses in Latin America that we believe will reinforce our ecosystem, we could sell part of [our] Meituan shares, or everything that we think is reasonable, to invest more to reinforce our ecosystem," Bloisi said. "And we are going to do that, looking to our shareholders. If we have opportunities to grow faster and better than Meituan in some of our ecosystems, we will do it." For Meituan, this move is part a broader global expansion strategy, following its previous expansions into Hong Kong and the Middle East.お知らせ • May 16Meituan, Annual General Meeting, Jun 09, 2025Meituan, Annual General Meeting, Jun 09, 2025, at 14:00 China Standard Time. Location: meituan exhibition center, block a, hengjiweiye building, no. 4 wang jing east road, chaoyang district, beijing., Chinaお知らせ • May 14Meituan to Report Q1, 2025 Results on May 26, 2025Meituan announced that they will report Q1, 2025 results on May 26, 2025お知らせ • Mar 11Meituan to Report Fiscal Year 2024 Results on Mar 21, 2025Meituan announced that they will report fiscal year 2024 results on Mar 21, 2025お知らせ • Feb 28KKR, Fountainvest and PAG Reportedly Among Those Eyeing Starbucks China StakeKKR & Co (KKR.N), Fountainvest Partners and PAG are among buyout firms interested in acquiring a stake in Starbucks Corporation (NasdaqGS:SBUX) China business (Starbucks (China) Company Limited), four sources said, as the U.S. coffee chain looks to revive flagging sales in its second-largest market. Chinese companies, including state-owned conglomerate China Resources (Holdings) Co., Ltd. and food delivery giant Meituan (SEHK:3690), have also been approached as potential buyers, said one of the sources with knowledge of the matter. Starbucks' Executive Vice President and Chief Financial Officer, Rachel Ruggeri, is expected to be among senior company executives visiting China in the coming weeks to hold sale talks, said two of the four sources. All the sources spoke on condition of anonymity as the information is not public yet. The talks come as Starbucks CEO Brian Niccol, who took the top job at the coffee chain in August, faces the daunting task of steering the company back to growth amid falling demand in the U.S. and China as well as a decline in its share price. Starbucks said on February 24, 2025 it would eliminate 1,100 corporate roles as Niccol's "Back to Starbucks" plan focuses on streamlining business through job cuts and by improving customer experience at its U.S. stores. The size of the stake to be sold in Starbucks' China business has not been determined and would be subject to negotiations, the sources said. The names of the interested bidders have not been previously reported. The Seattle-based company would likely prefer a franchisee deal with a strategic partner as part of a stake sale plan, said two of the sources. In a franchisee deal, Starbucks China would be valued at more than $1 billion, they added. A Starbucks spokesperson declined to confirm the content of the story and referred Reuters request for comment to Niccol's remarks on China at the earnings call in January, after his first market visit to China. Niccol said at the time that he saw several near-term changes Starbucks could make to strengthen its business while continuing to explore strategic partnerships to grow in China. KKR, PAG and China Resources declined to comment, while Fountainvest and Meituan did not respond. Starbucks is aiming to reach a deal for its China business by the end of this year, although the structure of the potential transaction has not been finalised and is subject to changes, two of the sources said. In China, the chain is dealing with sluggish economic growth and stiff competition from local brands such as Luckin Coffee, which has gained market share with cheaper products and wider coverage in lower-tier cities. Starbucks has been in informal talks with several private equity firms and companies since the second half of 2024 about strategic options for its business in China, home to more than a fifth of all Starbucks stores, the sources said.お知らせ • Nov 19Meituan to Report Q3, 2024 Results on Nov 29, 2024Meituan announced that they will report Q3, 2024 results on Nov 29, 2024Valuation Update With 7 Day Price Move • Nov 14Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to HK$169, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 12x in the Hospitality industry in Hong Kong. Total loss to shareholders of 41% over the past three years.Recent Insider Transactions • Oct 04Co-Founder recently sold HK$258m worth of stockOn the 30th of September, Rongjun Mu sold around 2m shares on-market at roughly HK$172 per share. This transaction amounted to 2.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Rongjun has been a net seller over the last 12 months, reducing personal holdings by HK$483m.Valuation Update With 7 Day Price Move • Sep 29Investor sentiment improves as stock rises 21%After last week's 21% share price gain to HK$165, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 14x in the Hospitality industry in Hong Kong. Total loss to shareholders of 33% over the past three years.Valuation Update With 7 Day Price Move • Sep 04Investor sentiment improves as stock rises 16%After last week's 16% share price gain to HK$119, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 12x in the Hospitality industry in Hong Kong. Total loss to shareholders of 54% over the past three years.Recent Insider Transactions • Sep 04Co-Founder recently sold HK$2.8m worth of stockOn the 29th of August, Xing Wang sold around 26k shares on-market at roughly HK$112 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth HK$5.0m. Xing has been a net seller over the last 12 months, reducing personal holdings by HK$5.7m.お知らせ • Aug 29Meituan (SEHK:3690) announces an Equity Buyback.Meituan (SEHK:3690) announces a share repurchase program. Under the program, the company will repurchase up to $1,000 million worth of its Class B ordinary shares.Reported Earnings • Aug 29First half 2024 earnings released: EPS: CN¥2.70 (vs CN¥1.30 in 1H 2023)First half 2024 results: EPS: CN¥2.70 (up from CN¥1.30 in 1H 2023). Revenue: CN¥155.5b (up 23% from 1H 2023). Net income: CN¥16.7b (up 108% from 1H 2023). Profit margin: 11% (up from 6.4% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings.お知らせ • Aug 15Meituan to Report First Half, 2024 Results on Aug 28, 2024Meituan announced that they will report first half, 2024 results on Aug 28, 2024Recent Insider Transactions • Jun 18Independent Non-Executive Director recently sold HK$5.0m worth of stockOn the 13th of June, Xuesong Leng sold around 43k shares on-market at roughly HK$116 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth HK$116m. Insiders have been net sellers, collectively disposing of HK$480m more than they bought in the last 12 months.Reported Earnings • Jun 07First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: CN¥73.3b (up 25% from 1Q 2023). Net income: CN¥5.37b (up 60% from 1Q 2023). Profit margin: 7.3% (up from 5.7% in 1Q 2023). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Hospitality industry in Hong Kong.お知らせ • May 25Meituan to Report Q1, 2024 Results on Jun 06, 2024Meituan announced that they will report Q1, 2024 results After-Market on Jun 06, 2024Recent Insider Transactions • May 03Co-Founder recently sold HK$116m worth of stockOn the 26th of April, Rongjun Mu sold around 1m shares on-market at roughly HK$116 per share. This transaction amounted to 2.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Rongjun has been a net seller over the last 12 months, reducing personal holdings by HK$472m.Reported Earnings • May 01Full year 2023 earnings released: EPS: CN¥2.23 (vs CN¥1.09 loss in FY 2022)Full year 2023 results: EPS: CN¥2.23 (up from CN¥1.09 loss in FY 2022). Revenue: CN¥276.7b (up 26% from FY 2022). Net income: CN¥13.9b (up CN¥20.5b from FY 2022). Profit margin: 5.0% (up from net loss in FY 2022). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Apr 24Investor sentiment improves as stock rises 16%After last week's 16% share price gain to HK$114, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 14x in the Hospitality industry in Hong Kong. Total loss to shareholders of 63% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at HK$176 per share.Reported Earnings • Mar 23Full year 2023 earnings released: EPS: CN¥2.23 (vs CN¥1.09 loss in FY 2022)Full year 2023 results: EPS: CN¥2.23 (up from CN¥1.09 loss in FY 2022). Revenue: CN¥276.7b (up 26% from FY 2022). Net income: CN¥13.9b (up CN¥20.5b from FY 2022). Profit margin: 5.0% (up from net loss in FY 2022). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings.お知らせ • Mar 22Meituan Appoints Marjorie Mun Tak Yang as Member of the Audit CommitteeMeituan announced that, Ms. Marjorie Mun Tak Yang (Ms. Yang), an independent non-executive director of the company, has been appointed as a member of the audit committee of the company (the audit committee), with effect from March 22, 2024.お知らせ • Mar 13Meituan to Report Q4, 2023 Results on Mar 22, 2024Meituan announced that they will report Q4, 2023 results After-Market on Mar 22, 2024Valuation Update With 7 Day Price Move • Nov 29Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to HK$90.45, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 16x in the Hospitality industry in Hong Kong. Total loss to shareholders of 67% over the past three years.お知らせ • Nov 17Meituan to Report Q3, 2023 Results on Nov 28, 2023Meituan announced that they will report Q3, 2023 results After-Market on Nov 28, 2023Reported Earnings • Sep 30Second quarter 2023 earnings released: EPS: CN¥0.75 (vs CN¥0.18 loss in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.75 (up from CN¥0.18 loss in 2Q 2022). Revenue: CN¥68.0b (up 33% from 2Q 2022). Net income: CN¥4.69b (up CN¥5.80b from 2Q 2022). Profit margin: 6.9% (up from net loss in 2Q 2022). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 22% per year.Recent Insider Transactions • Sep 28Co-Founder recently sold HK$2.8m worth of stockOn the 26th of September, Xing Wang sold around 24k shares on-market at roughly HK$117 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth HK$20m. This was Xing's only on-market trade for the last 12 months.Reported Earnings • Aug 25Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: CN¥68.0b (up 33% from 2Q 2022). Net income: CN¥4.69b (up CN¥5.80b from 2Q 2022). Profit margin: 6.9% (up from net loss in 2Q 2022). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 21% per year.お知らせ • Aug 12Meituan to Report First Half, 2023 Results on Aug 24, 2023Meituan announced that they will report first half, 2023 results on Aug 24, 2023Recent Insider Transactions • Jul 06Co-Founder recently sold HK$20m worth of stockOn the 30th of June, Rongjun Mu sold around 167k shares on-market at roughly HK$122 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Rongjun has been a net seller over the last 12 months, reducing personal holdings by HK$348m.お知らせ • Jul 01Meituan Approves to Elect Marjorie Mun Tak Yang as an Independent Non-Executive DirectorMeituan at its AGM held on June 30, 2023, approved to elect Ms. Marjorie Mun Tak Yang as an independent non-executive Director.お知らせ • Jun 27Meituan Announces Executive ChangesMeituan announced that Mr. Wang Huiwen has tendered his resignation as a non-executive director of the Company, a member of the nomination committee of the board of directors of the Company and an authorized representative of the Company each with effect from June 26, 2023, due to personal health reasons. Mr. Wang Huiwen confirmed that he has no disagreement with the Company and there are no circumstances related to his resignation above which need to be brought to the attention of the Stock Exchange and the shareholders of the Company. Following the Resignation, the Company announced that Mr. Mu Rongjun, executive Director, has been appointed as an Authorized Representative with effect from June 26, 2023. The company further announces that, following the Resignation, the composition of the Nomination Committee shall consist of Mr. Leng Xuesong and Dr. Shum Heung Yeung Harry, with Mr. Leng Xuesong continuously serving as the chairman of the Nomination Committee.Buying Opportunity • Jun 19Now 21% undervaluedOver the last 90 days, the stock is up 5.3%. The fair value is estimated to be HK$172, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 31% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 18% per annum. Earnings is also forecast to grow by 50% per annum over the same time period.お知らせ • Jun 09Meituan, Annual General Meeting, Jun 30, 2023Meituan, Annual General Meeting, Jun 30, 2023, at 14:00 China Standard Time. Location: Command Center of Meituan Beijing Office, Block A Hengjiweiye Building, No. 4 Wang Jing East Road, Chaoyang District Beijing China Agenda: To receive and adopt the audited consolidated financial statements of the Company for the year ended December 31, 2022 and the reports of the Directors and independent auditor thereon; to consider conditional upon the passing of the special resolution set forth herein, to elect Ms. Marjorie Mun Tak Yang as an independent non-executive Director; to re-elect Mr. Wang Huiwen as a non-executive Director; to authorize the Board to fix the remuneration of the Directors; and to consider any other matters.Reported Earnings • May 30First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: CN¥58.6b (up 27% from 1Q 2022). Net income: CN¥3.36b (up CN¥9.06b from 1Q 2022). Profit margin: 5.7% (up from net loss in 1Q 2022). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance.Buying Opportunity • May 24Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 6.3%. The fair value is estimated to be HK$166, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 31% over the last 3 years. Meanwhile, the company became loss making.お知らせ • May 22Meituan Launches Food Delivery Brand KeeTa Amid Hong Kong DebutMeituan introduced KeeTa, a new food delivery brand as it officially launches in the Hong Kong market, to provide residents with more customized, efficient and reliable delivery services. Following the initial launch in Mong Kok and Tai Kok Tsui, the Company expects KeeTa to complete full coverage of the Hong Kong market by the end of this year. The KeeTa app is now available for download in major mobile app stores. Delivery services via KeeTa will start at 8:00 a.m., May 22, 2023 local time. Notable merchants that have joined KeeTa include brands like McDonald's, Maxim's MX (Mei Xin MX), KFC, Yoshinoya(Ji Ye Jia), Pacific Coffee, and popular food and beverage shops such as hana-musubi (Hua Yu Jie), Hung Fook Tong (Hong Fu Tang), and CHICHA San Chen(Chi Cha San Qian). Each newly registered KeeTa user will receive a gift coupon package valued at HKD 300, including special meal offers and delivery fee reductions.お知らせ • May 17Meituan to Report Q1, 2023 Results on May 25, 2023Meituan announced that they will report Q1, 2023 results After-Market on May 25, 2023Reported Earnings • Mar 26Full year 2022 earnings released: CN¥1.09 loss per share (vs CN¥3.90 loss in FY 2021)Full year 2022 results: CN¥1.09 loss per share (improved from CN¥3.90 loss in FY 2021). Revenue: CN¥220.0b (up 23% from FY 2021). Net loss: CN¥6.69b (loss narrowed 72% from FY 2021). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.Buying Opportunity • Feb 23Now 20% undervaluedOver the last 90 days, the stock is up 1.8%. The fair value is estimated to be HK$175, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Earnings per share has declined by 91%.Buying Opportunity • Feb 06Now 22% undervaluedOver the last 90 days, the stock is up 10%. The fair value is estimated to be HK$211, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Earnings per share has declined by 91%.Recent Insider Transactions • Jan 22Co-Founder recently sold HK$164m worth of stockOn the 17th of January, Rongjun Mu sold around 1m shares on-market at roughly HK$164 per share. This transaction amounted to 2.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Rongjun has been a net seller over the last 12 months, reducing personal holdings by HK$360m.Recent Insider Transactions • Jan 05Co-Founder & Executive Director recently sold HK$93m worth of stockOn the 29th of December, Huiwen Wang sold around 512k shares on-market at roughly HK$182 per share. This transaction amounted to 5.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Huiwen has been a net seller over the last 12 months, reducing personal holdings by HK$103m.Reported Earnings • Nov 26Third quarter 2022 earnings releasedThird quarter 2022 results: EPS: CN¥0.20. Revenue: CN¥62.6b (up 29% from 3Q 2021). Net income: CN¥1.22b (up CN¥11.2b from 3Q 2021). Profit margin: 1.9% (up from net loss in 3Q 2021). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Online Retail industry in Hong Kong. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Non-Executive Director Jeff Leng was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Buying Opportunity • Oct 14Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 19%. The fair value is estimated to be HK$188, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Earnings per share has grown by 60%. Revenue is forecast to grow by 30% in a year. Earnings is forecast to grow by 88% in the next year.Buying Opportunity • Sep 15Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 13%. The fair value is estimated to be HK$218, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Earnings per share has grown by 60%. Revenue is forecast to grow by 31% in a year. Earnings is forecast to grow by 88% in the next year.Recent Insider Transactions • Sep 03Co-Founder recently sold HK$1.2m worth of stockOn the 31st of August, Xing Wang sold around 7k shares on-market at roughly HK$191 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth HK$429m. Xing has been a net seller over the last 12 months, reducing personal holdings by HK$29m.Reported Earnings • Aug 27Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: CN¥50.9b (up 17% from 2Q 2021). Net loss: CN¥1.12b (loss narrowed 67% from 2Q 2021). Over the next year, revenue is forecast to grow 28%, compared to a 25% growth forecast for the Online Retail industry in Hong Kong.Recent Insider Transactions • Jul 28Insider recently sold HK$429m worth of stockOn the 21st of July, Nanpeng Shen sold around 2m shares on-market at roughly HK$193 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of HK$2.1b more than they bought in the last 12 months.Recent Insider Transactions • Jul 05Co-Founder recently sold HK$33m worth of stockOn the 30th of June, Rongjun Mu sold around 167k shares on-market at roughly HK$196 per share. This was the largest sale by an insider in the last 3 months. This was Rongjun's only on-market trade for the last 12 months.Recent Insider Transactions • Jun 21Co-Founder recently sold HK$7.9m worth of stockOn the 17th of June, Xing Wang sold around 40k shares on-market at roughly HK$197 per share. This was the largest sale by an insider in the last 3 months. Xing has been a seller over the last 12 months, reducing personal holdings by HK$23m.Reported Earnings • Jun 04First quarter 2022 earnings releasedFirst quarter 2022 results: CN¥0.93 loss per share. Revenue: CN¥46.3b (up 26% from 1Q 2021). Net loss: CN¥5.70b (loss widened 18% from 1Q 2021). Over the next year, revenue is forecast to grow 26%, compared to a 20% growth forecast for the industry in Hong Kong.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Non-Executive Director Jeff Leng was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Recent Insider Transactions • Dec 14Co-Founder recently sold HK$3.0m worth of stockOn the 8th of December, Xing Wang sold around 12k shares on-market at roughly HK$247 per share. In the last 3 months, there was an even bigger sale from another insider worth HK$768m. This was Xing's only on-market trade for the last 12 months.Reported Earnings • Nov 29Third quarter 2021 earnings: Revenues in line with analyst expectationsThird quarter 2021 results: Revenue: CN¥48.6b (up 38% from 3Q 2020). Net loss: CN¥9.99b (down 258% from profit in 3Q 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 38%, compared to a 40% growth forecast for the industry in Hong Kong.Reported Earnings • Nov 29Third quarter 2021 earnings: Revenues in line with analyst expectationsThird quarter 2021 results: Revenue: CN¥48.6b (up 38% from 3Q 2020). Net loss: CN¥9.99b (down 258% from profit in 3Q 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 38%, compared to a 40% growth forecast for the industry in Hong Kong.Recent Insider Transactions • Oct 28Insider recently sold HK$768m worth of stockOn the 25th of October, Nanpeng Shen sold around 3m shares on-market at roughly HK$287 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of HK$1.2b more than they bought in the last 12 months.Recent Insider Transactions • Sep 14Insider recently sold HK$395m worth of stockOn the 7th of September, Nanpeng Shen sold around 2m shares on-market at roughly HK$260 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of HK$422m more than they bought in the last 12 months.Reported Earnings • Sep 01Second quarter 2021 earnings releasedThe company reported a mediocre second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: CN¥43.8b (up 79% from 2Q 2020). Net loss: CN¥3.36b (down 252% from profit in 2Q 2020).Reported Earnings • May 29First quarter 2021 earnings released: CN¥0.82 loss per shareThe company reported a decent first quarter result with improved revenues, although losses increased and control over costs was weaker. First quarter 2021 results: Revenue: CN¥37.0b (up 124% from 1Q 2020). Net loss: CN¥4.85b (loss widened 207% from 1Q 2020).Reported Earnings • Apr 21Full year 2020 earnings released: EPS CN¥0.81 (vs CN¥0.39 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥113.9b (up 18% from FY 2019). Net income: CN¥4.71b (up 110% from FY 2019). Profit margin: 4.1% (up from 2.3% in FY 2019).Reported Earnings • Mar 27Full year 2020 earnings releasedThe company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥114.8b (up 19% from FY 2019). Net income: CN¥4.71b (up 110% from FY 2019). Profit margin: 4.1% (up from 2.3% in FY 2019).Is New 90 Day High Low • Feb 04New 90-day high: HK$414The company is up 27% from its price of HK$327 on 06 November 2020. The Hong Kong market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Online Retail industry, which is up 25% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is HK$223 per share.Is New 90 Day High Low • Jan 19New 90-day high: HK$341The company is up 27% from its price of HK$269 on 22 October 2020. The Hong Kong market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Online Retail industry, which is up 23% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is HK$182 per share.Analyst Estimate Surprise Post Earnings • Dec 02Revenue beats expectationsRevenue exceeded analyst estimates by 4.2%. Over the next year, revenue is forecast to grow 51%, compared to a 42% growth forecast for the Online Retail industry in Hong Kong.Reported Earnings • Dec 01Third quarter 2020 earnings released: EPS CN¥1.08The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: CN¥35.4b (up 30% from 3Q 2019). Net income: CN¥6.32b (up 374% from 3Q 2019). Profit margin: 18% (up from 4.9% in 3Q 2019). The increase in margin was driven by higher revenue.Is New 90 Day High Low • Oct 28New 90-day high: HK$280The company is up 44% from its price of HK$195 on 30 July 2020. The Hong Kong market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Online Retail industry, which is up 36% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is HK$120 per share.Is New 90 Day High Low • Oct 12New 90-day high: HK$275The company is up 40% from its price of HK$197 on 14 July 2020. The Hong Kong market is down 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Online Retail industry, which is up 30% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is HK$121 per share.株主還元3690HK HospitalityHK 市場7D-4.2%-4.6%-3.6%1Y-39.6%-28.4%10.9%株主還元を見る業界別リターン: 3690過去 1 年間で-28.4 % の収益を上げたHong Kong Hospitality業界を下回りました。リターン対市場: 3690は、過去 1 年間で10.9 % のリターンを上げたHong Kong市場を下回りました。価格変動Is 3690's price volatile compared to industry and market?3690 volatility3690 Average Weekly Movement6.9%Hospitality Industry Average Movement6.0%Market Average Movement7.2%10% most volatile stocks in HK Market15.6%10% least volatile stocks in HK Market3.5%安定した株価: 3690 、 Hong Kong市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 3690の 週次ボラティリティ ( 7% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト2003111,298Xing Wangwww.meituan.com中国、香港、マカオ、台湾、および海外でテクノロジー主導の小売事業を展開。コア・ローカル・コマース・セグメ ントとニュー・イニシアティブ・セグメ ントを通じて事業を展開している。同社は食品宅配サービスを提供し、消費者は多数の店舗内カテゴリーで加盟店が提供する地元消費者向けサービスを購入したり、ホテルやアトラクション、交通機関のチケット予約をしたりすることができる。また、B2B食品流通サービスやMeituan groceryの商品販売、Meituan Select、自転車シェアリング、原付シェアリング、パワーバンク、マイクロクレジットサービスなど様々な事業を展開している。また、クラウド・コンピューティング・サービス、加盟店情報技術およびアドバイザリー・サービス、オンライン・マーケティング・サービス、eコマース・サービス・プラットフォームの運営も行っている。同社は以前は「美団天平」として知られていたが、2020年10月に「美団」に社名を変更した。Meituanは2003年に設立され、中国の北京に本社を置いている。もっと見るMeituan 基礎のまとめMeituan の収益と売上を時価総額と比較するとどうか。3690 基礎統計学時価総額HK$506.92b収益（TTM）-HK$26.90b売上高(TTM)HK$420.21b1.2xP/Sレシオ-18.8xPER（株価収益率3690 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計3690 損益計算書（TTM）収益CN¥364.85b売上原価CN¥253.85b売上総利益CN¥111.01bその他の費用CN¥134.36b収益-CN¥23.36b直近の収益報告Dec 31, 2025次回決算日Jun 01, 2026一株当たり利益（EPS）-3.78グロス・マージン30.43%純利益率-6.40%有利子負債／自己資本比率53.2%3690 の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/21 13:58終値2026/05/21 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Meituan 37 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。61 アナリスト機関Sau Shing ChowABCI Securities Company LimitedZixiao YangArete Research Services LLPJiong ShaoBarclays58 その他のアナリストを表示
お知らせ • May 21Meituan to Report Q1, 2026 Results on Jun 01, 2026Meituan announced that they will report Q1, 2026 results After-Market on Jun 01, 2026
お知らせ • Mar 16Meituan to Report Fiscal Year 2025 Results on Mar 26, 2026Meituan announced that they will report fiscal year 2025 results on Mar 26, 2026
お知らせ • Feb 13Meituan Provides Earning Guidance for the Year Ended December 31, 2025Meituan provided earning guidance for the year ended December 31, 2025. For the period, the Group expects to record a loss in the range of approximately RMB 23,300 million to RMB 24,300 million for the year ended December 31, 2025 (the "FY2025"), as compared to a profit of approximately RMB 35,808 million for the year ended December 31, 2024 (the "FY2024"). The expected loss of the Group in FY2025 was primarily due to a reversal from an operating profit of approximately RMB 52,415 million in FY2024 to an operating loss of approximately RMB 6,800 million to RMB 7,000 million in FY2025 for the Core Local Commerce segment, together with increased investments in the Group's overseas businesses. In particular, in response to the unprecedentedly intense industry competition in FY2025, the Group strategically increased investments across its entire ecosystem to strengthen its core advantages and drive sustainable growth. These initiatives mainly included: (i) on the consumer front, enhancing marketing and promotional efforts to strengthen brand awareness and price competitiveness, thereby continuously improving user transaction activity and engagement; (ii) on the delivery front, increasing incentives and enriching benefits for couriers to ensure service quality and enhance user experience; and (iii) on the merchant front, maintaining proactive resource investment to support merchants in improving operational efficiency, expanding consumer reach, iterating business models, and achieving steady growth.
お知らせ • Nov 18Meituan to Report Q3, 2025 Results on Nov 28, 2025Meituan announced that they will report Q3, 2025 results on Nov 28, 2025
お知らせ • Aug 17Meituan to Report First Half, 2025 Results on Aug 27, 2025Meituan announced that they will report first half, 2025 results on Aug 27, 2025
お知らせ • Jun 25Naspers May Sell Part of Its 4% Stake in MeituanNaspers Limited (JSE:NPN) is prepared to sell down its ZAR 71 billion stake in the world's largest food delivery company following moves by China's Meituan (SEHK:3690) to enter Brazil, a market in which the JSE-listed group is already dominant. In May, Chinese technology and delivery giant Meituan said it was preparing to launch its food delivery service, Keeta, in Brazil. The company plans to invest $1 billion (ZAR 17.78 billion) over the next five years to establish and expand its operations in the country. This expansion marks Meituan's entry into the South American market. For Naspers, which holds a stake in Meituan of about 4%, the move presents a conundrum as it already operates one of the largest food delivery businesses in the region, iFood. Meituan's entry would see two of its associated companies directly competing in Brazil. During an investor call late on Monday, Naspers and Prosus CEO Fabricio Bloisi said the group may sell part of the stake in Meituan, using the funds to invest in its own e-commerce businesses. The former iFood CEO is bearish about the Chinese company's ability to crack the Latin America market, saying there is a high chance of failure. "Our strategy is to invest more in companies that reinforce our ecosystem and we are going to keep doing that aggressively. I think Meituan has less probability of winning internationally," said Bloisi. "They are going to face some tough competition. As a Meituan shareholder I am disappointed because their risk of failing increases. Therefore, we might sell part of the Meituan shares, [to invest] in other areas with more connection to our existing ecosystems." Such a move is likely to unlock a big cash pile for Naspers, whose Meituan stake is valued about $4 billion (ZAR 71.1 billion). Naspers acquired this stake in 2022 after Chinese internet giant Tencent decided to distribute its 17% stake in Meituan to shareholders. "If we say let's invest more in some businesses in Latin America that we believe will reinforce our ecosystem, we could sell part of [our] Meituan shares, or everything that we think is reasonable, to invest more to reinforce our ecosystem," Bloisi said. "And we are going to do that, looking to our shareholders. If we have opportunities to grow faster and better than Meituan in some of our ecosystems, we will do it." For Meituan, this move is part a broader global expansion strategy, following its previous expansions into Hong Kong and the Middle East.
お知らせ • May 21Meituan to Report Q1, 2026 Results on Jun 01, 2026Meituan announced that they will report Q1, 2026 results After-Market on Jun 01, 2026
お知らせ • Mar 16Meituan to Report Fiscal Year 2025 Results on Mar 26, 2026Meituan announced that they will report fiscal year 2025 results on Mar 26, 2026
お知らせ • Feb 13Meituan Provides Earning Guidance for the Year Ended December 31, 2025Meituan provided earning guidance for the year ended December 31, 2025. For the period, the Group expects to record a loss in the range of approximately RMB 23,300 million to RMB 24,300 million for the year ended December 31, 2025 (the "FY2025"), as compared to a profit of approximately RMB 35,808 million for the year ended December 31, 2024 (the "FY2024"). The expected loss of the Group in FY2025 was primarily due to a reversal from an operating profit of approximately RMB 52,415 million in FY2024 to an operating loss of approximately RMB 6,800 million to RMB 7,000 million in FY2025 for the Core Local Commerce segment, together with increased investments in the Group's overseas businesses. In particular, in response to the unprecedentedly intense industry competition in FY2025, the Group strategically increased investments across its entire ecosystem to strengthen its core advantages and drive sustainable growth. These initiatives mainly included: (i) on the consumer front, enhancing marketing and promotional efforts to strengthen brand awareness and price competitiveness, thereby continuously improving user transaction activity and engagement; (ii) on the delivery front, increasing incentives and enriching benefits for couriers to ensure service quality and enhance user experience; and (iii) on the merchant front, maintaining proactive resource investment to support merchants in improving operational efficiency, expanding consumer reach, iterating business models, and achieving steady growth.
お知らせ • Nov 18Meituan to Report Q3, 2025 Results on Nov 28, 2025Meituan announced that they will report Q3, 2025 results on Nov 28, 2025
お知らせ • Aug 17Meituan to Report First Half, 2025 Results on Aug 27, 2025Meituan announced that they will report first half, 2025 results on Aug 27, 2025
お知らせ • Jun 25Naspers May Sell Part of Its 4% Stake in MeituanNaspers Limited (JSE:NPN) is prepared to sell down its ZAR 71 billion stake in the world's largest food delivery company following moves by China's Meituan (SEHK:3690) to enter Brazil, a market in which the JSE-listed group is already dominant. In May, Chinese technology and delivery giant Meituan said it was preparing to launch its food delivery service, Keeta, in Brazil. The company plans to invest $1 billion (ZAR 17.78 billion) over the next five years to establish and expand its operations in the country. This expansion marks Meituan's entry into the South American market. For Naspers, which holds a stake in Meituan of about 4%, the move presents a conundrum as it already operates one of the largest food delivery businesses in the region, iFood. Meituan's entry would see two of its associated companies directly competing in Brazil. During an investor call late on Monday, Naspers and Prosus CEO Fabricio Bloisi said the group may sell part of the stake in Meituan, using the funds to invest in its own e-commerce businesses. The former iFood CEO is bearish about the Chinese company's ability to crack the Latin America market, saying there is a high chance of failure. "Our strategy is to invest more in companies that reinforce our ecosystem and we are going to keep doing that aggressively. I think Meituan has less probability of winning internationally," said Bloisi. "They are going to face some tough competition. As a Meituan shareholder I am disappointed because their risk of failing increases. Therefore, we might sell part of the Meituan shares, [to invest] in other areas with more connection to our existing ecosystems." Such a move is likely to unlock a big cash pile for Naspers, whose Meituan stake is valued about $4 billion (ZAR 71.1 billion). Naspers acquired this stake in 2022 after Chinese internet giant Tencent decided to distribute its 17% stake in Meituan to shareholders. "If we say let's invest more in some businesses in Latin America that we believe will reinforce our ecosystem, we could sell part of [our] Meituan shares, or everything that we think is reasonable, to invest more to reinforce our ecosystem," Bloisi said. "And we are going to do that, looking to our shareholders. If we have opportunities to grow faster and better than Meituan in some of our ecosystems, we will do it." For Meituan, this move is part a broader global expansion strategy, following its previous expansions into Hong Kong and the Middle East.
お知らせ • May 16Meituan, Annual General Meeting, Jun 09, 2025Meituan, Annual General Meeting, Jun 09, 2025, at 14:00 China Standard Time. Location: meituan exhibition center, block a, hengjiweiye building, no. 4 wang jing east road, chaoyang district, beijing., China
お知らせ • May 14Meituan to Report Q1, 2025 Results on May 26, 2025Meituan announced that they will report Q1, 2025 results on May 26, 2025
お知らせ • Mar 11Meituan to Report Fiscal Year 2024 Results on Mar 21, 2025Meituan announced that they will report fiscal year 2024 results on Mar 21, 2025
お知らせ • Feb 28KKR, Fountainvest and PAG Reportedly Among Those Eyeing Starbucks China StakeKKR & Co (KKR.N), Fountainvest Partners and PAG are among buyout firms interested in acquiring a stake in Starbucks Corporation (NasdaqGS:SBUX) China business (Starbucks (China) Company Limited), four sources said, as the U.S. coffee chain looks to revive flagging sales in its second-largest market. Chinese companies, including state-owned conglomerate China Resources (Holdings) Co., Ltd. and food delivery giant Meituan (SEHK:3690), have also been approached as potential buyers, said one of the sources with knowledge of the matter. Starbucks' Executive Vice President and Chief Financial Officer, Rachel Ruggeri, is expected to be among senior company executives visiting China in the coming weeks to hold sale talks, said two of the four sources. All the sources spoke on condition of anonymity as the information is not public yet. The talks come as Starbucks CEO Brian Niccol, who took the top job at the coffee chain in August, faces the daunting task of steering the company back to growth amid falling demand in the U.S. and China as well as a decline in its share price. Starbucks said on February 24, 2025 it would eliminate 1,100 corporate roles as Niccol's "Back to Starbucks" plan focuses on streamlining business through job cuts and by improving customer experience at its U.S. stores. The size of the stake to be sold in Starbucks' China business has not been determined and would be subject to negotiations, the sources said. The names of the interested bidders have not been previously reported. The Seattle-based company would likely prefer a franchisee deal with a strategic partner as part of a stake sale plan, said two of the sources. In a franchisee deal, Starbucks China would be valued at more than $1 billion, they added. A Starbucks spokesperson declined to confirm the content of the story and referred Reuters request for comment to Niccol's remarks on China at the earnings call in January, after his first market visit to China. Niccol said at the time that he saw several near-term changes Starbucks could make to strengthen its business while continuing to explore strategic partnerships to grow in China. KKR, PAG and China Resources declined to comment, while Fountainvest and Meituan did not respond. Starbucks is aiming to reach a deal for its China business by the end of this year, although the structure of the potential transaction has not been finalised and is subject to changes, two of the sources said. In China, the chain is dealing with sluggish economic growth and stiff competition from local brands such as Luckin Coffee, which has gained market share with cheaper products and wider coverage in lower-tier cities. Starbucks has been in informal talks with several private equity firms and companies since the second half of 2024 about strategic options for its business in China, home to more than a fifth of all Starbucks stores, the sources said.
お知らせ • Nov 19Meituan to Report Q3, 2024 Results on Nov 29, 2024Meituan announced that they will report Q3, 2024 results on Nov 29, 2024
Valuation Update With 7 Day Price Move • Nov 14Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to HK$169, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 12x in the Hospitality industry in Hong Kong. Total loss to shareholders of 41% over the past three years.
Recent Insider Transactions • Oct 04Co-Founder recently sold HK$258m worth of stockOn the 30th of September, Rongjun Mu sold around 2m shares on-market at roughly HK$172 per share. This transaction amounted to 2.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Rongjun has been a net seller over the last 12 months, reducing personal holdings by HK$483m.
Valuation Update With 7 Day Price Move • Sep 29Investor sentiment improves as stock rises 21%After last week's 21% share price gain to HK$165, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 14x in the Hospitality industry in Hong Kong. Total loss to shareholders of 33% over the past three years.
Valuation Update With 7 Day Price Move • Sep 04Investor sentiment improves as stock rises 16%After last week's 16% share price gain to HK$119, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 12x in the Hospitality industry in Hong Kong. Total loss to shareholders of 54% over the past three years.
Recent Insider Transactions • Sep 04Co-Founder recently sold HK$2.8m worth of stockOn the 29th of August, Xing Wang sold around 26k shares on-market at roughly HK$112 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth HK$5.0m. Xing has been a net seller over the last 12 months, reducing personal holdings by HK$5.7m.
お知らせ • Aug 29Meituan (SEHK:3690) announces an Equity Buyback.Meituan (SEHK:3690) announces a share repurchase program. Under the program, the company will repurchase up to $1,000 million worth of its Class B ordinary shares.
Reported Earnings • Aug 29First half 2024 earnings released: EPS: CN¥2.70 (vs CN¥1.30 in 1H 2023)First half 2024 results: EPS: CN¥2.70 (up from CN¥1.30 in 1H 2023). Revenue: CN¥155.5b (up 23% from 1H 2023). Net income: CN¥16.7b (up 108% from 1H 2023). Profit margin: 11% (up from 6.4% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings.
お知らせ • Aug 15Meituan to Report First Half, 2024 Results on Aug 28, 2024Meituan announced that they will report first half, 2024 results on Aug 28, 2024
Recent Insider Transactions • Jun 18Independent Non-Executive Director recently sold HK$5.0m worth of stockOn the 13th of June, Xuesong Leng sold around 43k shares on-market at roughly HK$116 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth HK$116m. Insiders have been net sellers, collectively disposing of HK$480m more than they bought in the last 12 months.
Reported Earnings • Jun 07First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: CN¥73.3b (up 25% from 1Q 2023). Net income: CN¥5.37b (up 60% from 1Q 2023). Profit margin: 7.3% (up from 5.7% in 1Q 2023). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Hospitality industry in Hong Kong.
お知らせ • May 25Meituan to Report Q1, 2024 Results on Jun 06, 2024Meituan announced that they will report Q1, 2024 results After-Market on Jun 06, 2024
Recent Insider Transactions • May 03Co-Founder recently sold HK$116m worth of stockOn the 26th of April, Rongjun Mu sold around 1m shares on-market at roughly HK$116 per share. This transaction amounted to 2.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Rongjun has been a net seller over the last 12 months, reducing personal holdings by HK$472m.
Reported Earnings • May 01Full year 2023 earnings released: EPS: CN¥2.23 (vs CN¥1.09 loss in FY 2022)Full year 2023 results: EPS: CN¥2.23 (up from CN¥1.09 loss in FY 2022). Revenue: CN¥276.7b (up 26% from FY 2022). Net income: CN¥13.9b (up CN¥20.5b from FY 2022). Profit margin: 5.0% (up from net loss in FY 2022). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Apr 24Investor sentiment improves as stock rises 16%After last week's 16% share price gain to HK$114, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 14x in the Hospitality industry in Hong Kong. Total loss to shareholders of 63% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at HK$176 per share.
Reported Earnings • Mar 23Full year 2023 earnings released: EPS: CN¥2.23 (vs CN¥1.09 loss in FY 2022)Full year 2023 results: EPS: CN¥2.23 (up from CN¥1.09 loss in FY 2022). Revenue: CN¥276.7b (up 26% from FY 2022). Net income: CN¥13.9b (up CN¥20.5b from FY 2022). Profit margin: 5.0% (up from net loss in FY 2022). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings.
お知らせ • Mar 22Meituan Appoints Marjorie Mun Tak Yang as Member of the Audit CommitteeMeituan announced that, Ms. Marjorie Mun Tak Yang (Ms. Yang), an independent non-executive director of the company, has been appointed as a member of the audit committee of the company (the audit committee), with effect from March 22, 2024.
お知らせ • Mar 13Meituan to Report Q4, 2023 Results on Mar 22, 2024Meituan announced that they will report Q4, 2023 results After-Market on Mar 22, 2024
Valuation Update With 7 Day Price Move • Nov 29Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to HK$90.45, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 16x in the Hospitality industry in Hong Kong. Total loss to shareholders of 67% over the past three years.
お知らせ • Nov 17Meituan to Report Q3, 2023 Results on Nov 28, 2023Meituan announced that they will report Q3, 2023 results After-Market on Nov 28, 2023
Reported Earnings • Sep 30Second quarter 2023 earnings released: EPS: CN¥0.75 (vs CN¥0.18 loss in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.75 (up from CN¥0.18 loss in 2Q 2022). Revenue: CN¥68.0b (up 33% from 2Q 2022). Net income: CN¥4.69b (up CN¥5.80b from 2Q 2022). Profit margin: 6.9% (up from net loss in 2Q 2022). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 22% per year.
Recent Insider Transactions • Sep 28Co-Founder recently sold HK$2.8m worth of stockOn the 26th of September, Xing Wang sold around 24k shares on-market at roughly HK$117 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth HK$20m. This was Xing's only on-market trade for the last 12 months.
Reported Earnings • Aug 25Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: CN¥68.0b (up 33% from 2Q 2022). Net income: CN¥4.69b (up CN¥5.80b from 2Q 2022). Profit margin: 6.9% (up from net loss in 2Q 2022). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 21% per year.
お知らせ • Aug 12Meituan to Report First Half, 2023 Results on Aug 24, 2023Meituan announced that they will report first half, 2023 results on Aug 24, 2023
Recent Insider Transactions • Jul 06Co-Founder recently sold HK$20m worth of stockOn the 30th of June, Rongjun Mu sold around 167k shares on-market at roughly HK$122 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Rongjun has been a net seller over the last 12 months, reducing personal holdings by HK$348m.
お知らせ • Jul 01Meituan Approves to Elect Marjorie Mun Tak Yang as an Independent Non-Executive DirectorMeituan at its AGM held on June 30, 2023, approved to elect Ms. Marjorie Mun Tak Yang as an independent non-executive Director.
お知らせ • Jun 27Meituan Announces Executive ChangesMeituan announced that Mr. Wang Huiwen has tendered his resignation as a non-executive director of the Company, a member of the nomination committee of the board of directors of the Company and an authorized representative of the Company each with effect from June 26, 2023, due to personal health reasons. Mr. Wang Huiwen confirmed that he has no disagreement with the Company and there are no circumstances related to his resignation above which need to be brought to the attention of the Stock Exchange and the shareholders of the Company. Following the Resignation, the Company announced that Mr. Mu Rongjun, executive Director, has been appointed as an Authorized Representative with effect from June 26, 2023. The company further announces that, following the Resignation, the composition of the Nomination Committee shall consist of Mr. Leng Xuesong and Dr. Shum Heung Yeung Harry, with Mr. Leng Xuesong continuously serving as the chairman of the Nomination Committee.
Buying Opportunity • Jun 19Now 21% undervaluedOver the last 90 days, the stock is up 5.3%. The fair value is estimated to be HK$172, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 31% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 18% per annum. Earnings is also forecast to grow by 50% per annum over the same time period.
お知らせ • Jun 09Meituan, Annual General Meeting, Jun 30, 2023Meituan, Annual General Meeting, Jun 30, 2023, at 14:00 China Standard Time. Location: Command Center of Meituan Beijing Office, Block A Hengjiweiye Building, No. 4 Wang Jing East Road, Chaoyang District Beijing China Agenda: To receive and adopt the audited consolidated financial statements of the Company for the year ended December 31, 2022 and the reports of the Directors and independent auditor thereon; to consider conditional upon the passing of the special resolution set forth herein, to elect Ms. Marjorie Mun Tak Yang as an independent non-executive Director; to re-elect Mr. Wang Huiwen as a non-executive Director; to authorize the Board to fix the remuneration of the Directors; and to consider any other matters.
Reported Earnings • May 30First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: CN¥58.6b (up 27% from 1Q 2022). Net income: CN¥3.36b (up CN¥9.06b from 1Q 2022). Profit margin: 5.7% (up from net loss in 1Q 2022). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance.
Buying Opportunity • May 24Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 6.3%. The fair value is estimated to be HK$166, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 31% over the last 3 years. Meanwhile, the company became loss making.
お知らせ • May 22Meituan Launches Food Delivery Brand KeeTa Amid Hong Kong DebutMeituan introduced KeeTa, a new food delivery brand as it officially launches in the Hong Kong market, to provide residents with more customized, efficient and reliable delivery services. Following the initial launch in Mong Kok and Tai Kok Tsui, the Company expects KeeTa to complete full coverage of the Hong Kong market by the end of this year. The KeeTa app is now available for download in major mobile app stores. Delivery services via KeeTa will start at 8:00 a.m., May 22, 2023 local time. Notable merchants that have joined KeeTa include brands like McDonald's, Maxim's MX (Mei Xin MX), KFC, Yoshinoya(Ji Ye Jia), Pacific Coffee, and popular food and beverage shops such as hana-musubi (Hua Yu Jie), Hung Fook Tong (Hong Fu Tang), and CHICHA San Chen(Chi Cha San Qian). Each newly registered KeeTa user will receive a gift coupon package valued at HKD 300, including special meal offers and delivery fee reductions.
お知らせ • May 17Meituan to Report Q1, 2023 Results on May 25, 2023Meituan announced that they will report Q1, 2023 results After-Market on May 25, 2023
Reported Earnings • Mar 26Full year 2022 earnings released: CN¥1.09 loss per share (vs CN¥3.90 loss in FY 2021)Full year 2022 results: CN¥1.09 loss per share (improved from CN¥3.90 loss in FY 2021). Revenue: CN¥220.0b (up 23% from FY 2021). Net loss: CN¥6.69b (loss narrowed 72% from FY 2021). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.
Buying Opportunity • Feb 23Now 20% undervaluedOver the last 90 days, the stock is up 1.8%. The fair value is estimated to be HK$175, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Earnings per share has declined by 91%.
Buying Opportunity • Feb 06Now 22% undervaluedOver the last 90 days, the stock is up 10%. The fair value is estimated to be HK$211, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Earnings per share has declined by 91%.
Recent Insider Transactions • Jan 22Co-Founder recently sold HK$164m worth of stockOn the 17th of January, Rongjun Mu sold around 1m shares on-market at roughly HK$164 per share. This transaction amounted to 2.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Rongjun has been a net seller over the last 12 months, reducing personal holdings by HK$360m.
Recent Insider Transactions • Jan 05Co-Founder & Executive Director recently sold HK$93m worth of stockOn the 29th of December, Huiwen Wang sold around 512k shares on-market at roughly HK$182 per share. This transaction amounted to 5.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Huiwen has been a net seller over the last 12 months, reducing personal holdings by HK$103m.
Reported Earnings • Nov 26Third quarter 2022 earnings releasedThird quarter 2022 results: EPS: CN¥0.20. Revenue: CN¥62.6b (up 29% from 3Q 2021). Net income: CN¥1.22b (up CN¥11.2b from 3Q 2021). Profit margin: 1.9% (up from net loss in 3Q 2021). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Online Retail industry in Hong Kong. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Non-Executive Director Jeff Leng was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Buying Opportunity • Oct 14Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 19%. The fair value is estimated to be HK$188, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Earnings per share has grown by 60%. Revenue is forecast to grow by 30% in a year. Earnings is forecast to grow by 88% in the next year.
Buying Opportunity • Sep 15Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 13%. The fair value is estimated to be HK$218, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Earnings per share has grown by 60%. Revenue is forecast to grow by 31% in a year. Earnings is forecast to grow by 88% in the next year.
Recent Insider Transactions • Sep 03Co-Founder recently sold HK$1.2m worth of stockOn the 31st of August, Xing Wang sold around 7k shares on-market at roughly HK$191 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth HK$429m. Xing has been a net seller over the last 12 months, reducing personal holdings by HK$29m.
Reported Earnings • Aug 27Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: CN¥50.9b (up 17% from 2Q 2021). Net loss: CN¥1.12b (loss narrowed 67% from 2Q 2021). Over the next year, revenue is forecast to grow 28%, compared to a 25% growth forecast for the Online Retail industry in Hong Kong.
Recent Insider Transactions • Jul 28Insider recently sold HK$429m worth of stockOn the 21st of July, Nanpeng Shen sold around 2m shares on-market at roughly HK$193 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of HK$2.1b more than they bought in the last 12 months.
Recent Insider Transactions • Jul 05Co-Founder recently sold HK$33m worth of stockOn the 30th of June, Rongjun Mu sold around 167k shares on-market at roughly HK$196 per share. This was the largest sale by an insider in the last 3 months. This was Rongjun's only on-market trade for the last 12 months.
Recent Insider Transactions • Jun 21Co-Founder recently sold HK$7.9m worth of stockOn the 17th of June, Xing Wang sold around 40k shares on-market at roughly HK$197 per share. This was the largest sale by an insider in the last 3 months. Xing has been a seller over the last 12 months, reducing personal holdings by HK$23m.
Reported Earnings • Jun 04First quarter 2022 earnings releasedFirst quarter 2022 results: CN¥0.93 loss per share. Revenue: CN¥46.3b (up 26% from 1Q 2021). Net loss: CN¥5.70b (loss widened 18% from 1Q 2021). Over the next year, revenue is forecast to grow 26%, compared to a 20% growth forecast for the industry in Hong Kong.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Non-Executive Director Jeff Leng was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Recent Insider Transactions • Dec 14Co-Founder recently sold HK$3.0m worth of stockOn the 8th of December, Xing Wang sold around 12k shares on-market at roughly HK$247 per share. In the last 3 months, there was an even bigger sale from another insider worth HK$768m. This was Xing's only on-market trade for the last 12 months.
Reported Earnings • Nov 29Third quarter 2021 earnings: Revenues in line with analyst expectationsThird quarter 2021 results: Revenue: CN¥48.6b (up 38% from 3Q 2020). Net loss: CN¥9.99b (down 258% from profit in 3Q 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 38%, compared to a 40% growth forecast for the industry in Hong Kong.
Reported Earnings • Nov 29Third quarter 2021 earnings: Revenues in line with analyst expectationsThird quarter 2021 results: Revenue: CN¥48.6b (up 38% from 3Q 2020). Net loss: CN¥9.99b (down 258% from profit in 3Q 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 38%, compared to a 40% growth forecast for the industry in Hong Kong.
Recent Insider Transactions • Oct 28Insider recently sold HK$768m worth of stockOn the 25th of October, Nanpeng Shen sold around 3m shares on-market at roughly HK$287 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of HK$1.2b more than they bought in the last 12 months.
Recent Insider Transactions • Sep 14Insider recently sold HK$395m worth of stockOn the 7th of September, Nanpeng Shen sold around 2m shares on-market at roughly HK$260 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of HK$422m more than they bought in the last 12 months.
Reported Earnings • Sep 01Second quarter 2021 earnings releasedThe company reported a mediocre second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: CN¥43.8b (up 79% from 2Q 2020). Net loss: CN¥3.36b (down 252% from profit in 2Q 2020).
Reported Earnings • May 29First quarter 2021 earnings released: CN¥0.82 loss per shareThe company reported a decent first quarter result with improved revenues, although losses increased and control over costs was weaker. First quarter 2021 results: Revenue: CN¥37.0b (up 124% from 1Q 2020). Net loss: CN¥4.85b (loss widened 207% from 1Q 2020).
Reported Earnings • Apr 21Full year 2020 earnings released: EPS CN¥0.81 (vs CN¥0.39 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥113.9b (up 18% from FY 2019). Net income: CN¥4.71b (up 110% from FY 2019). Profit margin: 4.1% (up from 2.3% in FY 2019).
Reported Earnings • Mar 27Full year 2020 earnings releasedThe company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥114.8b (up 19% from FY 2019). Net income: CN¥4.71b (up 110% from FY 2019). Profit margin: 4.1% (up from 2.3% in FY 2019).
Is New 90 Day High Low • Feb 04New 90-day high: HK$414The company is up 27% from its price of HK$327 on 06 November 2020. The Hong Kong market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Online Retail industry, which is up 25% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is HK$223 per share.
Is New 90 Day High Low • Jan 19New 90-day high: HK$341The company is up 27% from its price of HK$269 on 22 October 2020. The Hong Kong market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Online Retail industry, which is up 23% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is HK$182 per share.
Analyst Estimate Surprise Post Earnings • Dec 02Revenue beats expectationsRevenue exceeded analyst estimates by 4.2%. Over the next year, revenue is forecast to grow 51%, compared to a 42% growth forecast for the Online Retail industry in Hong Kong.
Reported Earnings • Dec 01Third quarter 2020 earnings released: EPS CN¥1.08The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: CN¥35.4b (up 30% from 3Q 2019). Net income: CN¥6.32b (up 374% from 3Q 2019). Profit margin: 18% (up from 4.9% in 3Q 2019). The increase in margin was driven by higher revenue.
Is New 90 Day High Low • Oct 28New 90-day high: HK$280The company is up 44% from its price of HK$195 on 30 July 2020. The Hong Kong market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Online Retail industry, which is up 36% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is HK$120 per share.
Is New 90 Day High Low • Oct 12New 90-day high: HK$275The company is up 40% from its price of HK$197 on 14 July 2020. The Hong Kong market is down 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Online Retail industry, which is up 30% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is HK$121 per share.
