Meituan Balance Sheet Health
Financial Health criteria checks 5/6
Meituan has a total shareholder equity of CN¥152.0B and total debt of CN¥54.5B, which brings its debt-to-equity ratio to 35.9%. Its total assets and total liabilities are CN¥293.0B and CN¥141.1B respectively. Meituan's EBIT is CN¥9.0B making its interest coverage ratio 14.8. It has cash and short-term investments of CN¥145.2B.
Key information
35.9%
Debt to equity ratio
CN¥54.54b
Debt
| Interest coverage ratio | 14.8x |
| Cash | CN¥145.16b |
| Equity | CN¥151.96b |
| Total liabilities | CN¥141.07b |
| Total assets | CN¥293.03b |
Recent financial health updates
We Think Meituan (HKG:3690) Can Manage Its Debt With Ease
Mar 26
We Think Meituan (HKG:3690) Can Manage Its Debt With Ease
Dec 21Meituan (HKG:3690) Has A Pretty Healthy Balance Sheet
Sep 14Meituan (HKG:3690) Has Debt But No Earnings; Should You Worry?
May 26Is Meituan (HKG:3690) Weighed On By Its Debt Load?
Feb 09Is Meituan (HKG:3690) Using Debt In A Risky Way?
Oct 05Recent updates
Returns 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 08We Think Meituan (HKG:3690) Can Manage Its Debt With Ease
Dec 21Meituan's (HKG:3690) Returns On Capital Are Heading Higher
Dec 04At HK$110, Is It Time To Put Meituan (HKG:3690) On Your Watch List?
Oct 03Meituan (HKG:3690) Has A Pretty Healthy Balance Sheet
Sep 14Meituan's (HKG:3690) Intrinsic Value Is Potentially 35% Above Its Share Price
Aug 24Meituan's (HKG:3690) Share Price Could Signal Some Risk
Jul 05What Does Meituan's (HKG:3690) Share Price Indicate?
Jun 20The Return Trends At Meituan (HKG:3690) Look Promising
Jun 08Meituan (HKG:3690) Has Debt But No Earnings; Should You Worry?
May 26Calculating The Intrinsic Value Of Meituan (HKG:3690)
Apr 04Is Meituan (HKG:3690) Weighed On By Its Debt Load?
Feb 09Is There An Opportunity With Meituan's (HKG:3690) 30% Undervaluation?
Jan 02What Does Meituan's (HKG:3690) Share Price Indicate?
Dec 15Is Meituan (HKG:3690) Using Debt In A Risky Way?
Oct 05Estimating The Fair Value Of Meituan (HKG:3690)
Sep 14Should You Think About Buying Meituan (HKG:3690) Now?
May 25Is Meituan (HKG:3690) Using Too Much Debt?
May 06Does This Valuation Of Meituan (HKG:3690) Imply Investors Are Overpaying?
Mar 14Is Meituan (HKG:3690) Using Debt In A Risky Way?
Jan 23Are Investors Undervaluing Meituan (HKG:3690) By 39%?
Nov 16Is Meituan (HKG:3690) Weighed On By Its Debt Load?
Oct 10Does Meituan (HKG:3690) Have A Healthy Balance Sheet?
Jun 11Is Meituan (HKG:3690) Trading At A 26% Discount?
Apr 28Here's Why I Think Meituan (HKG:3690) Might Deserve Your Attention Today
Mar 29We Think Meituan (HKG:3690) Can Stay On Top Of Its Debt
Mar 05We're Not Counting On Meituan (HKG:3690) To Sustain Its Statutory Profitability
Feb 12
Is Meituan's (HKG:3690) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Jan 25What We Make Of Meituan's (HKG:3690) Returns On Capital
Jan 07Is Meituan's (HKG:3690) Shareholder Ownership Skewed Towards Insiders?
Dec 20Earnings Update: Here's Why Analysts Just Lifted Their Meituan (HKG:3690) Price Target To CN¥272
Dec 02Meituan (HKG:3690) Has A Rock Solid Balance Sheet
Nov 30Financial Position Analysis
Short Term Liabilities: 3690's short term assets (CN¥183.1B) exceed its short term liabilities (CN¥100.9B).
Long Term Liabilities: 3690's short term assets (CN¥183.1B) exceed its long term liabilities (CN¥40.2B).
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 2.6% to 35.9% over the past 5 years.
Debt Coverage: 3690's debt is well covered by operating cash flow (74.3%).
Interest Coverage: 3690's interest payments on its debt are well covered by EBIT (14.8x coverage).