Meituan Future Growth

Future criteria checks 4/6

Meituan is forecast to grow earnings and revenue by 26.3% and 13.1% per annum respectively. EPS is expected to grow by 28.6% per annum. Return on equity is forecast to be 18.9% in 3 years.

Key information

26.3%

Earnings growth rate

28.6%

EPS growth rate

Hospitality earnings growth	23.8%
Revenue growth rate	13.1%
Future return on equity	18.9%
Analyst coverage	Good
Last updated	04 Nov 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

BMV:3690 N - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	444,564	55,576	64,614	67,919	31
12/31/2025	387,550	44,590	56,488	64,704	44
12/31/2024	334,452	32,836	37,729	42,916	43
6/30/2024	305,690	22,530	35,936	46,644	N/A
3/31/2024	291,403	15,866	31,574	38,453	N/A
12/31/2023	276,745	13,856	33,642	40,522	N/A
9/30/2023	263,178	10,556	29,741	34,192	N/A
6/30/2023	249,330	8,179	27,922	32,373	N/A
3/31/2023	232,304	2,375	25,008	30,739	N/A
12/31/2022	219,955	-6,686	5,680	11,411	N/A
9/30/2022	209,349	-10,942	2,240	8,928	N/A
6/30/2022	195,560	-22,153	-11,195	-4,507	N/A
3/31/2022	188,380	-24,394	-19,870	-10,859	N/A
12/31/2021	179,128	-23,538	-13,022	-4,011	N/A
9/30/2021	168,155	-20,444	-14,337	-961	N/A
6/30/2021	154,508	-4,128	-11,996	6,380	N/A
3/31/2021	135,269	1,439	-6,096	9,084	N/A
12/31/2020	114,795	4,708	-7,349	8,475	N/A
9/30/2020	104,205	8,411	-2,565	6,959	N/A
6/30/2020	96,288	3,425	1,746	6,269	N/A
3/31/2020	94,269	2,092	1,015	3,816	N/A
12/31/2019	96,742	2,239	2,574	5,574	N/A
9/30/2019	88,272	-2,644	N/A	N/A	N/A
6/30/2019	79,940	-87,275	-6,705	-3,816	N/A
3/31/2019	72,511	-95,858	N/A	N/A	N/A
12/31/2018	64,771	-115,477	-11,456	-9,180	N/A
9/30/2018	55,756	-114,213	N/A	N/A	N/A
6/30/2018	46,497	-35,270	-5,769	-4,381	N/A
3/31/2018	38,314	-33,766	N/A	N/A	N/A
12/31/2017	33,928	-18,917	N/A	-310	N/A
12/31/2016	12,988	-10,894	N/A	-1,918	N/A
12/31/2015	4,019	-9,231	N/A	-4,004	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 3690 N's forecast earnings growth (26.3% per year) is above the savings rate (7.9%).

Earnings vs Market: 3690 N's earnings (26.3% per year) are forecast to grow faster than the MX market (11.4% per year).

High Growth Earnings: 3690 N's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 3690 N's revenue (13.1% per year) is forecast to grow faster than the MX market (7.2% per year).

High Growth Revenue: 3690 N's revenue (13.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 3690 N's Return on Equity is forecast to be low in 3 years time (18.9%).

Meituan Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Recent updates

Co-Founder recently sold Mex$7.2m worth of stock

First half 2024 earnings released: EPS: CN¥2.70 (vs CN¥1.30 in 1H 2023)

Meituan (SEHK:3690) announces an Equity Buyback.

Meituan to Report First Half, 2024 Results on Aug 28, 2024

Independent Non-Executive Director recently sold Mex$12m worth of stock

First quarter 2024 earnings released

Meituan to Report Q1, 2024 Results on Jun 06, 2024

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

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

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

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

Co-Founder recently sold Mex$45m worth of stock

Less than half of directors are independent

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

Meituan Announces Executive Changes

Meituan, Annual General Meeting, Jun 30, 2023

Meituan Launches Food Delivery Brand KeeTa Amid Hong Kong Debut

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

Full year 2022 earnings released: CN¥1.09 loss per share (vs CN¥3.90 loss in FY 2021)

Co-Founder recently sold Mex$394m worth of stock

Co-Founder & Executive Director recently sold Mex$232m worth of stock

Third quarter 2022 earnings released

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

Less than half of directors are independent

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

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

Co-Founder recently sold Mex$3.2m worth of stock

Second quarter 2022 earnings released

Tencent Reportedly to Divest $24 Billion Meituan Stake

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

Insider recently sold Mex$1.1b worth of stock

Less than half of directors are independent

Co-Founder recently sold Mex$84m worth of stock

Co-Founder recently sold Mex$21m worth of stock

First quarter 2022 earnings released

Less than half of directors are independent

Meituan to Report Q1, 2022 Results on Jun 02, 2022

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Insider recently sold Mex$2.0b worth of stock

Less than half of directors are independent

Meituan Announces the Launch of the Meituan Green Tech Fund

First quarter 2021 earnings released: CN¥0.82 loss per share

Full year 2020 earnings released: EPS CN¥0.81 (vs CN¥0.39 in FY 2019)

Meituan announced that it expects to receive $2.9836 billion in funding

Meituan to Report Q4, 2020 Results on Mar 26, 2021

Third quarter 2020 earnings released: EPS CN¥1.08

Revenue beats expectations

Meituan to Report Q3, 2020 Results on Nov 30, 2020

Meituan Dianping to Report Q2, 2020 Results on Aug 21, 2020

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

Discover growth companies