Meituan

BUL:9MD Stock Report

Market Cap: €76.1b

Meituan Past Earnings Performance

Past criteria checks 4/6

Meituan has been growing earnings at an average annual rate of 55.8%, while the Hospitality industry saw earnings growing at 18.5% annually. Revenues have been growing at an average rate of 26.9% per year. Meituan's return on equity is 10.1%, and it has net margins of 5.4%.

Key information

55.8%

Earnings growth rate

61.1%

EPS growth rate

Hospitality Industry Growth-33.8%
Revenue growth rate26.9%
Return on equity10.1%
Net Margin5.4%
Next Earnings Update28 Aug 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Meituan makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

BUL:9MD Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 24291,40315,86671,74821,154
31 Dec 23276,74513,85667,98921,201
30 Sep 23263,17810,55661,78121,019
30 Jun 23249,3308,17955,73021,112
31 Mar 23232,3042,37550,52720,908
31 Dec 22219,955-6,68649,51720,740
30 Sep 22209,349-10,94249,97420,079
30 Jun 22195,560-22,15350,35819,380
31 Mar 22188,380-24,39451,77018,077
31 Dec 21179,128-23,53849,29616,676
30 Sep 21168,155-20,44445,24715,343
30 Jun 21154,508-4,12838,72213,597
31 Mar 21135,2691,43931,15112,073
31 Dec 20114,7954,70826,47710,893
30 Sep 20104,2058,41123,4329,883
30 Jun 2096,2883,42522,8529,050
31 Mar 2094,2692,09222,7098,706
31 Dec 1996,7422,23923,1588,446
30 Sep 1988,272-2,64422,3598,188
30 Jun 1979,940-87,27521,5488,054
31 Mar 1972,511-95,85821,1457,725
31 Dec 1864,771-115,47719,9407,072
30 Sep 1855,756-114,21318,4226,239
30 Jun 1846,497-35,27016,2705,263
31 Mar 1838,314-33,76614,0344,294
31 Dec 1733,928-18,91713,0683,647
31 Dec 1612,988-10,8949,8182,367
31 Dec 154,019-9,23110,0201,204

Quality Earnings: 9MD has a large one-off gain of CN¥3.7B impacting its last 12 months of financial results to 31st March, 2024.

Growing Profit Margin: 9MD's current net profit margins (5.4%) are higher than last year (1%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 9MD has become profitable over the past 5 years, growing earnings by 55.8% per year.

Accelerating Growth: 9MD's earnings growth over the past year (568.2%) exceeds its 5-year average (55.8% per year).

Earnings vs Industry: 9MD earnings growth over the past year (568.2%) exceeded the Hospitality industry 8%.

Return on Equity

High ROE: 9MD's Return on Equity (10.1%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/08/19 17:42
End of Day Share Price 2024/05/22 00:00
Earnings2024/03/31
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. 45 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