Meituan Dianping, an investment holding company, provides an e-commerce platform that uses technology to connect consumers and merchants. More Details
Exceptional growth potential with excellent balance sheet.
Share Price & News
How has Meituan Dianping's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 3690's share price has been volatile over the past 3 months.
7 Day Return
HK Online Retail
1 Year Return
HK Online Retail
Return vs Industry: 3690 exceeded the Hong Kong Online Retail industry which returned 195.3% over the past year.
Return vs Market: 3690 exceeded the Hong Kong Market which returned 0.4% over the past year.
Price Volatility Vs. Market
How volatile is Meituan Dianping's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StWhat Do The Returns At Meituan Dianping (HKG:3690) Mean Going Forward?
1 month ago | Simply Wall StWhat Type Of Shareholders Own The Most Number of Meituan Dianping (HKG:3690) Shares?
1 month ago | Simply Wall StIs Meituan Dianping (HKG:3690) Using Too Much Debt?
Is Meituan Dianping undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 3690 (HK$242.6) is trading above our estimate of fair value (HK$119.85)
Significantly Below Fair Value: 3690 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 3690 is poor value based on its PE Ratio (361.3x) compared to the HK Online Retail industry average (68.3x).
PE vs Market: 3690 is poor value based on its PE Ratio (361.3x) compared to the Hong Kong market (11.1x).
Price to Earnings Growth Ratio
PEG Ratio: 3690 is poor value based on its PEG Ratio (5x)
Price to Book Ratio
PB vs Industry: 3690 is overvalued based on its PB Ratio (13.1x) compared to the HK Online Retail industry average (2.1x).
How is Meituan Dianping forecast to perform in the next 1 to 3 years based on estimates from 33 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 3690's forecast earnings growth (71.6% per year) is above the savings rate (1.6%).
Earnings vs Market: 3690's earnings (71.6% per year) are forecast to grow faster than the Hong Kong market (22.4% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 3690's revenue (31.2% per year) is forecast to grow faster than the Hong Kong market (13.1% per year).
High Growth Revenue: 3690's revenue (31.2% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 3690's Return on Equity is forecast to be high in 3 years time (20.7%)
How has Meituan Dianping performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3690 has high quality earnings.
Growing Profit Margin: 3690 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: 3690 has become profitable over the past 5 years, growing earnings by -1.1% per year.
Accelerating Growth: 3690 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 3690 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Online Retail industry (11.2%).
Return on Equity
High ROE: 3690's Return on Equity (3.6%) is considered low.
How is Meituan Dianping's financial position?
Financial Position Analysis
Short Term Liabilities: 3690's short term assets (CN¥79.2B) exceed its short term liabilities (CN¥35.9B).
Long Term Liabilities: 3690's short term assets (CN¥79.2B) exceed its long term liabilities (CN¥2.7B).
Debt to Equity History and Analysis
Debt Level: 3690's debt to equity ratio (3.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 3690's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 3690's debt is well covered by operating cash flow (188.6%).
Interest Coverage: 3690 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Meituan Dianping current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 3690's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 3690's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 3690's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 3690's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 3690's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Xing Wang (41 yo)
Mr. Xing Wang has been Director of Li Auto Inc. since July 2019. He is the Chief Executive Officer and Co-founder at China Internet Plus Group. Prior to this, Mr. Wang was employed at Renren Inc. (Formerly ...
CEO Compensation Analysis
Compensation vs Market: Xing's total compensation ($USD802.49K) is about average for companies of similar size in the Hong Kong market ($USD805.77K).
Compensation vs Earnings: Xing's compensation has been consistent with company performance over the past year.
|Co-Founder||no data||CN¥5.46m||9.75% |
|Co-Founder||no data||CN¥41.36m||2.15% |
|Co-Founder||no data||CN¥149.11m||0.75% |
|Independent Non-Executive Director||2yrs||CN¥1.76m||0.0010% |
|Non-Executive Director||2.92yrs||no data||no data|
|Independent Non-Executive Director||no data||CN¥1.76m||0.0010% |
|Independent Non-Executive Director||no data||CN¥1.76m||0.0010% |
|Non-Executive Director||4.92yrs||no data||no data|
Experienced Board: 3690's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 3690 insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Meituan Dianping's company bio, employee growth, exchange listings and data sources
- Name: Meituan Dianping
- Ticker: 3690
- Exchange: SEHK
- Founded: 2003
- Industry: Internet and Direct Marketing Retail
- Sector: Retail
- Market Cap: HK$1.427t
- Shares outstanding: 5.88b
- Website: https://about.meituan.com
Number of Employees
- Meituan Dianping
- Hengjiweiye Building
- Block B&C
- Beijing Province
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|3690||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Class B Shares||HK||HKD||Sep 2018|
|MPNG.F||OTCPK (Pink Sheets LLC)||Yes||Class B Shares||US||USD||Sep 2018|
|9MD||DB (Deutsche Boerse AG)||Yes||Class B Shares||DE||EUR||Sep 2018|
|3690||SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)||Yes||Class B Shares||HK||HKD||Sep 2018|
|3690||SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)||Yes||Class B Shares||HK||HKD||Sep 2018|
|3690 N||BMV (Bolsa Mexicana de Valores)||Yes||Class B Shares||MX||MXN||Sep 2018|
|MPNG.Y||OTCPK (Pink Sheets LLC)||UNSPONSRED ADS||US||USD||Nov 2018|
Meituan Dianping, an investment holding company, provides an e-commerce platform that uses technology to connect consumers and merchants. It operates through Food Delivery; In-store, Hotel & Travel; and Ne ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/22 19:40|
|End of Day Share Price||2020/09/22 00:00|
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.