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MeituanSEHK:3690 Stock Report

Market Cap HK$648.1b
Share Price
HK$106.10
My Fair Value
HK$131.41
19.3% undervalued intrinsic discount
1Y-50.3%
7D5.5%
Portfolio Value
View

Meituan

SEHK:3690 Stock Report

Market Cap: HK$648.1b

Meituan (3690) Stock Overview

Operates as a technology driven retail company in the People’s Republic of China, Hong Kong, Macao, Taiwan, and internationally. More details

3690 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance4/6
Financial Health5/6
Dividends0/6

3690 Community Fair Values

Create Narrative

See what 82 others think this stock is worth. Follow their fair value or set your own to get alerts.

Meituan Competitors

Price History & Performance

Summary of share price highs, lows and changes for Meituan
Historical stock prices
Current Share PriceHK$106.10
52 Week HighHK$217.00
52 Week LowHK$95.35
Beta0.18
1 Month Change5.57%
3 Month Change-12.17%
1 Year Change-50.28%
3 Year Change-38.64%
5 Year Change-60.70%
Change since IPO46.04%

Recent News & Updates

Recent updates

Meituan (HKG:3690) Has A Rock Solid Balance Sheet

Jul 22
Meituan (HKG:3690) Has A Rock Solid Balance Sheet

We Like These Underlying Return On Capital Trends At Meituan (HKG:3690)

Jul 07
We Like These Underlying Return On Capital Trends At Meituan (HKG:3690)

Meituan (HKG:3690) Just Released Its Yearly Results And Analysts Are Updating Their Estimates

May 02
Meituan (HKG:3690) Just Released Its Yearly Results And Analysts Are Updating Their Estimates

Meituan (HKG:3690) Is Experiencing Growth In Returns On Capital

Apr 07
Meituan (HKG:3690) Is Experiencing Growth In Returns On Capital

Meituan (HKG:3690) Just Released Its Annual Earnings: Here's What Analysts Think

Mar 24
Meituan (HKG:3690) Just Released Its Annual Earnings: Here's What Analysts Think

Meituan (HKG:3690) Could Easily Take On More Debt

Mar 23
Meituan (HKG:3690) Could Easily Take On More Debt

An Intrinsic Calculation For Meituan (HKG:3690) Suggests It's 46% Undervalued

Feb 23
An Intrinsic Calculation For Meituan (HKG:3690) Suggests It's 46% Undervalued

Meituan (HKG:3690) Is Doing The Right Things To Multiply Its Share Price

Dec 24
Meituan (HKG:3690) Is Doing The Right Things To Multiply Its Share Price

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

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

Innovation And Expansion In On-Demand Delivery Drive Growth And International Opportunities

Expansion in on-demand delivery and retail segments through innovation and partnerships is set to drive consumer engagement and revenue growth.

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

Shareholder Returns

3690HK HospitalityHK Market
7D5.5%2.5%2.9%
1Y-50.3%-33.7%20.7%

Return vs Industry: 3690 underperformed the Hong Kong Hospitality industry which returned -33.7% over the past year.

Return vs Market: 3690 underperformed the Hong Kong Market which returned 20.7% over the past year.

Price Volatility

Is 3690's price volatile compared to industry and market?
3690 volatility
3690 Average Weekly Movement5.7%
Hospitality Industry Average Movement6.7%
Market Average Movement7.3%
10% most volatile stocks in HK Market15.8%
10% least volatile stocks in HK Market3.4%

Stable Share Price: 3690 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 3690's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2003108,900Xing Wangwww.meituan.com

Meituan operates as a technology driven retail company in the People’s Republic of China, Hong Kong, Macao, Taiwan, and internationally. It operates through Core Local Commerce and New Initiatives segments. The company offers food delivery services; and helps consumers purchase local consumer services provided by merchants in numerous in-store categories or make reservations for hotels, and attraction and transportation ticketing.

Meituan Fundamentals Summary

How do Meituan's earnings and revenue compare to its market cap?
3690 fundamental statistics
Market capHK$648.07b
Earnings (TTM)HK$32.25b
Revenue (TTM)HK$393.95b
20.1x
P/E Ratio
1.6x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
3690 income statement (TTM)
RevenueCN¥360.46b
Cost of RevenueCN¥227.44b
Gross ProfitCN¥133.03b
Other ExpensesCN¥103.52b
EarningsCN¥29.51b

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)4.83
Gross Margin36.90%
Net Profit Margin8.19%
Debt/Equity Ratio24.3%

How did 3690 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/03 23:10
End of Day Share Price 2025/10/03 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

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.

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 Github.

Analyst Sources

Meituan is covered by 64 analysts. 44 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