Meituan Balance Sheet Health
Financial Health criteria checks 5/6
Meituan has a total shareholder equity of CN¥160.3B and total debt of CN¥35.7B, which brings its debt-to-equity ratio to 22.3%. Its total assets and total liabilities are CN¥285.9B and CN¥125.7B respectively. Meituan's EBIT is CN¥27.8B making its interest coverage ratio 344.5. It has cash and short-term investments of CN¥134.2B.
Key information
22.3%
Debt to equity ratio
CN¥35.67b
Debt
| Interest coverage ratio | 344.5x |
| Cash | CN¥134.16b |
| Equity | CN¥160.27b |
| Total liabilities | CN¥125.66b |
| Total assets | CN¥285.93b |
Recent financial health updates
We Think Meituan (HKG:3690) Can Manage Its Debt With Ease
Nov 26
We Think Meituan (HKG:3690) Can Manage Its Debt With Ease
Mar 26Recent updates
Meituan's (HKG:3690) Promising Earnings May Rest On Soft Foundations
Dec 06We Think Meituan (HKG:3690) Can Manage Its Debt With Ease
Nov 26Meituan's (HKG:3690) P/E Is On The Mark
Nov 04Meituan's (HKG:3690) Strong Earnings Are Of Good Quality
May 06Returns At Meituan (HKG:3690) Are On The Way Up
Apr 26Meituan's (HKG:3690) Intrinsic Value Is Potentially 69% Above Its Share Price
Apr 11We Think Meituan (HKG:3690) Can Manage Its Debt With Ease
Mar 26What Meituan's (HKG:3690) 26% Share Price Gain Is Not Telling You
Mar 11Pinning Down Meituan's (HKG:3690) P/S Is Difficult Right Now
Jan 08Financial Position Analysis
Short Term Liabilities: 3690's short term assets (CN¥173.9B) exceed its short term liabilities (CN¥95.4B).
Long Term Liabilities: 3690's short term assets (CN¥173.9B) exceed its long term liabilities (CN¥30.3B).
Debt to Equity History and Analysis
Debt Level: 3690 has more cash than its total debt.
Reducing Debt: 3690's debt to equity ratio has increased from 4.5% to 22.3% over the past 5 years.
Debt Coverage: 3690's debt is well covered by operating cash flow (142.1%).
Interest Coverage: 3690's interest payments on its debt are well covered by EBIT (344.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 03:58 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Meituan is covered by 66 analysts. 43 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Sau Shing Chow | ABCI Securities Company Limited |
| Zixiao Yang | Arete Research Services LLP |
| Jiong Shao | Barclays |