Meituan (SEHK:3690) - Stock Price, News & Analysis

3690 Stock Overview

Meituan operates as a tech retail company in China and internationally.

3690 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	5/6
Past Performance	2/6
Financial Health	5/6
Dividends	0/6

Rewards

Trading at 44.3% below our estimate of its fair value

Earnings are forecast to grow 38.03% per year

Became profitable this year

Risk Analysis

Large one-off items impacting financial results

Meituan Competitors

Haidilao International Holding

SEHK:6862

HK$91.7b

Super Hi International Holding

SEHK:9658

HK$8.3b

Jiumaojiu International Holdings

SEHK:9922

HK$7.0b

Galaxy Entertainment Group

SEHK:27

HK$149.5b

Price History & Performance

Summary of all time highs, changes and price drops for Meituan
Historical stock prices
Current Share Price	HK$97.55
52 Week High	HK$150.00
52 Week Low	HK$61.10
Beta	0.60
1 Month Change	7.91%
3 Month Change	39.76%
1 Year Change	-28.06%
3 Year Change	-65.43%
5 Year Change	68.77%
Change since IPO	34.27%

Meituan's (HKG:3690) Intrinsic Value Is Potentially 69% Above Its Share Price

Apr 11

We Think Meituan (HKG:3690) Can Manage Its Debt With Ease

Mar 26

Recent updates

Is Meituan's (HKG:3690) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?

Jan 25

What We Make Of Meituan's (HKG:3690) Returns On Capital

Jan 07

Is Meituan's (HKG:3690) Shareholder Ownership Skewed Towards Insiders?

Dec 20

Earnings Update: Here's Why Analysts Just Lifted Their Meituan (HKG:3690) Price Target To CN¥272

Dec 02

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

Nov 30

Shareholder Returns

	3690	HK Hospitality	HK Market
7D	-6.0%	-3.6%	-1.9%
1Y	-28.1%	-29.6%	-16.4%

Return vs Industry: 3690 exceeded the Hong Kong Hospitality industry which returned -29.6% over the past year.

Return vs Market: 3690 underperformed the Hong Kong Market which returned -16.4% over the past year.

Price Volatility

Is 3690's price volatile compared to industry and market?
3690 volatility
3690 Average Weekly Movement	7.7%
Hospitality Industry Average Movement	7.4%
Market Average Movement	7.4%
10% most volatile stocks in HK Market	14.8%
10% least volatile stocks in HK Market	3.8%

Stable Share Price: 3690's share price has been volatile over the past 3 months.

Volatility Over Time: 3690's weekly volatility (8%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2003	99,345	Xing Wang	about.meituan.com

Meituan operates as a tech retail company in China and internationally. It operates through Core Local Commerce and New Initiatives segments. The company offers food delivery services; 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 cap	HK$605.10b
Earnings (TTM)	HK$14.99b
Revenue (TTM)	HK$299.43b

40.4x

P/E Ratio

2.0x

P/S Ratio

Is 3690 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
3690 income statement (TTM)
Revenue	CN¥276.74b
Cost of Revenue	CN¥179.55b
Gross Profit	CN¥97.19b
Other Expenses	CN¥83.34b
Earnings	CN¥13.86b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	2.23
Gross Margin	35.12%
Net Profit Margin	5.01%
Debt/Equity Ratio	35.9%

How did 3690 perform over the long term?

See historical performance and comparison

3690 Stock Overview

Rewards

Risk Analysis

Meituan Competitors

SEHK:6862

HK$91.7b

SEHK:9658

HK$8.3b

SEHK:9922

HK$7.0b

SEHK:27

HK$149.5b

Price History & Performance

Recent News & Updates

Meituan's (HKG:3690) Intrinsic Value Is Potentially 69% Above Its Share Price

We Think Meituan (HKG:3690) Can Manage Its Debt With Ease

Full year 2023 earnings: EPS exceeds analyst expectations

Consensus EPS estimates fall by 16%

Meituan Appoints Marjorie Mun Tak Yang as Member of the Audit Committee

Meituan to Report Q4, 2023 Results on Mar 22, 2024

Recent updates

Meituan's (HKG:3690) Intrinsic Value Is Potentially 69% Above Its Share Price

We Think Meituan (HKG:3690) Can Manage Its Debt With Ease

Full year 2023 earnings: EPS exceeds analyst expectations

Consensus EPS estimates fall by 16%

Meituan Appoints Marjorie Mun Tak Yang as Member of the Audit Committee

Meituan to Report Q4, 2023 Results on Mar 22, 2024

What Meituan's (HKG:3690) 26% Share Price Gain Is Not Telling You

Pinning Down Meituan's (HKG:3690) P/S Is Difficult Right Now

We Think Meituan (HKG:3690) Can Manage Its Debt With Ease

Meituan's (HKG:3690) Returns On Capital Are Heading Higher

Investor sentiment deteriorates as stock falls 19%

Meituan to Report Q3, 2023 Results on Nov 28, 2023

At HK$110, Is It Time To Put Meituan (HKG:3690) On Your Watch List?

Second quarter 2023 earnings released: EPS: CN¥0.75 (vs CN¥0.18 loss in 2Q 2022)

Co-Founder recently sold HK$2.8m worth of stock

Meituan (HKG:3690) Has A Pretty Healthy Balance Sheet

Second quarter 2023 earnings released

Meituan's (HKG:3690) Intrinsic Value Is Potentially 35% Above Its Share Price

Meituan to Report First Half, 2023 Results on Aug 24, 2023

Co-Founder recently sold HK$20m worth of stock

Meituan's (HKG:3690) Share Price Could Signal Some Risk

Meituan Approves to Elect Marjorie Mun Tak Yang as an Independent Non-Executive Director

Meituan Announces Executive Changes

What Does Meituan's (HKG:3690) Share Price Indicate?

Now 21% undervalued

Meituan, Annual General Meeting, Jun 30, 2023

The Return Trends At Meituan (HKG:3690) Look Promising

First quarter 2023 earnings released

Meituan (HKG:3690) Has Debt But No Earnings; Should You Worry?

Now 21% undervalued after recent price drop

Meituan Launches Food Delivery Brand KeeTa Amid Hong Kong Debut

Meituan to Report Q1, 2023 Results on May 25, 2023

Calculating The Intrinsic Value Of Meituan (HKG:3690)

Now 23% undervalued after recent price drop

Full year 2022 earnings: EPS in line with analyst expectations despite revenue beat

Now 20% undervalued

Is Meituan (HKG:3690) Weighed On By Its Debt Load?

Now 22% undervalued

Co-Founder recently sold HK$164m worth of stock

Co-Founder & Executive Director recently sold HK$93m worth of stock

Is There An Opportunity With Meituan's (HKG:3690) 30% Undervaluation?

What Does Meituan's (HKG:3690) Share Price Indicate?

Third quarter 2022 earnings released

Meituan Announces Resignation of Lau Chi Ping Martin from Board of Directors

Meituan to Report Q3, 2022 Results on Nov 25, 2022

Less than half of directors are independent

Now 22% undervalued after recent price drop

Now 23% undervalued after recent price drop

Is Meituan (HKG:3690) Using Debt In A Risky Way?

Now 21% undervalued after recent price drop

Tencent Reportedly Looks to Sell Off More Investments to Pay for Stock Repurchases, Future Growth

Estimating The Fair Value Of Meituan (HKG:3690)

Now 21% undervalued after recent price drop

Co-Founder recently sold HK$1.2m worth of stock

Consensus estimates of losses per share improve by 23%

Second quarter 2022 earnings: Revenues exceed analyst expectations

Tencent Reportedly to Divest $24 Billion Meituan Stake

Meituan to Report First Half, 2022 Results on Aug 26, 2022

Insider recently sold HK$429m worth of stock