Meituan logo MPNGF - Meituan

Price: -- -- | CONSENSUS: Sell DETAILS
STRONG
BUY
0
BUY 0
HOLD 0
SELL 1
STRONG
SELL
0
| PRICE TARGET: $10.00 DETAILS
HIGH: $10.00
LOW: $10.00
MEDIAN: $10.00
CONSENSUS: $10.00
DOWNSIDE: 3.85%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue
Revenue 355,439.4 337,591.6 276,745.0 219,954.9 179,128.0 114,794.5 97,528.5 65,227.3 33,928.0 12,988.1 4,019.0
Cost of Revenue 247,295.4 207,807.0 179,553.8 158,202.0 136,653.9 80,744.4 65,208.1 50,122.3 21,708.5 7,046.8 1,239.5
Gross Profit 108,144.0 129,784.6 97,191.2 61,753.0 42,474.1 34,050.1 32,320.4 15,105.0 12,219.5 5,941.2 2,779.5
Operating Expenses
R&D Expenses 25,327.4 21,053.6 21,201.0 20,739.9 16,675.6 10,892.5 8,445.7 7,071.9 3,646.6 2,366.7 1,204.0
SG&A Expenses 114,850.5 72,407.3 67,989.1 49,516.9 49,295.8 26,476.6 23,158.0 21,417.9 13,080.1 5,268.6 5,526.5
Other Expenses (2,114.3) (521.2) (5,414.3) (2,683.4) (370.1) (7,649.1) (1,963.2) (2,299.1) (681.1) 4,561.4 4,522.8
Operating Expenses 138,063.6 92,939.6 83,775.8 67,573.4 65,601.3 29,720.0 29,640.5 26,190.8 16,045.6 12,196.6 11,253.4
Operating Income
Operating Income (29,919.6) 36,845.0 13,415.4 (5,820.4) (23,127.2) 4,330.1 2,679.9 (11,085.8) (3,826.1) (6,255.4) (8,473.9)
Interest Expense 1,838.1 1,336.9 1,423.9 1,583.2 1,080.7 370.0 176.2 24.6 19.2 34.3 43.0
Interest Income 1,959.6 1,291.8 817.7 657.9 495.8 600.5 1,042.7 520.2 77.9 0 0
Profitability
EBITDA (19,983.8) 47,743.7 23,442.5 4,558.0 (13,557.8) 9,977.5 7,784.4 (110,099.4) (18,087.4) (5,824.7) (8,284.1)
EBIT (29,919.6) 39,322.4 15,445.7 (5,172.3) (22,485.8) 4,783.4 2,938.6 (115,466.2) (18,931.7) (6,410.5) (8,465.5)
Income Before Tax (24,196.6) 37,985.4 14,021.9 (6,755.5) (23,566.5) 4,437.9 2,762.4 (115,490.8) (18,933.7) (10,631.1) (9,242.7)
Income Tax Expense (1,445.0) 2,177.1 164.5 (70.2) (30.3) (269.7) 526.2 1.9 54.2 267.9 (11.6)
Net Income (22,752.3) 35,807.2 13,855.8 (6,686.1) (23,538.4) 4,708.3 2,238.8 (115,477.2) (18,916.6) (5,789.9) (10,519.3)
Per Share Data
EPS (Basic) -3.84 5.85 2.23 -1.09 -3.90 0.81 0.39 -42.40 -3.44 -1.05 -1.92
EPS (Diluted) -3.85 5.66 2.11 -1.09 -3.90 0.78 0.38 -42.40 -3.44 -1.05 -1.92
Shares Outstanding 6,077.1 6,125.1 6,213.0 6,134.0 6,035.5 5,845.4 5,891.5 2,723.5 1,528.8 771.6 1,211.7
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Current Assets
Cash & Cash Equivalents 128,467.8 70,834.1 33,339.8 20,158.6 32,513.4 17,093.6 13,396.2 17,043.7 19,408.8 9,376.6 16,804.3
Short-Term Investments 60,092.7 97,409.2 111,820.7 21,393.3 27,864.5 11,915.4 49,435.6 41,830.0 25,863.3 12,607.9 784.4
Net Receivables 3,324.4 14,083.2 4,928.7 3,636.2 3,240.5 3,047.7 1,679.0 703.5 525.3 434.0 557.4
Inventory 3,014.1 1,734.1 1,304.6 1,802.5 1,151.3 1,068.6 275.2 400.2 88.4 36.6 7.9
Other Current Assets 30,272.1 21,590.7 28,235.2 25,674.9 24,318.8 21,815.7 15,564.2 9,479.2 7,381.6 911.9 3,503.3
Total Current Assets 225,171.0 209,734.9 183,116.2 143,145.5 147,828.7 88,306.2 82,135.0 73,149.4 54,438.1 23,634.5 21,874.4
Non-Current Assets
Property, Plant & Equipment 38,725.0 30,626.4 26,791.2 22,201.3 22,814.2 19,852.2 5,376.2 3,978.8 915.7 511.2 446.5
Goodwill 27,773.6 27,773.6 27,773.6 27,773.6 27,730.5 27,647.4 27,705.6 27,705.6 14,869.6 14,953.5 13,780.0
Intangible Assets 2,447.1 2,456.8 2,624.4 2,869.4 9,997.3 4,028.9 4,994.0 6,170.4 4,983.4 4,195.3 4,008.9
Long-Term Investments 45,967.8 (48,571.9) 49,987.3 20,698.0 6,337.3 12,741.2 (39,785.6) (33,484.6) (17,991.5) (4,653.3) 1,884.2
Other Non-Current Assets 2,707.8 100,410.1 822.5 27,793.5 24,566.8 13,550.1 11,052.3 43,141.9 26,418.9 12,676.4 895.9
Total Non-Current Assets 121,914.5 114,620.1 109,913.5 101,335.7 92,824.6 78,268.6 49,877.9 47,512.1 29,196.0 28,082.0 21,015.5
Total Assets 347,085.5 324,354.9 293,029.6 244,481.2 240,653.3 166,574.8 132,012.9 120,661.5 83,634.2 51,716.6 42,889.8
Current Liabilities
Account Payables 34,589.0 25,193.1 22,980.5 17,379.3 15,165.6 11,967.0 6,766.3 5,341.0 2,666.8 1,299.7 441.6
Short-Term Debt 14,379.1 16,568.6 19,321.8 17,562.1 11,565.2 6,395.0 3,552.6 1,800 162 1 1,169.0
Deferred Revenue 18,363.8 0 (66.9) 0 0 0 0 0 0 0 0
Other Current Liabilities 53,290.2 18,473.5 47,900.6 31,053.7 17,866.1 26,070.9 21,352.9 20,645.6 15,739.2 9,887.3 7,583.3
Total Current Liabilities 123,604.2 107,935.6 100,874.1 76,430.1 68,593.0 51,147.6 36,592.6 31,825.1 20,517.4 12,475.9 10,242.7
Non-Current Liabilities
Long-Term Debt 65,937.3 39,184.1 35,221.1 35,156.3 42,603.0 14,923.8 466.7 470.1 0 0 49,874.2
Deferred Tax Liabilities 2,289.7 1,480.8 968.2 846.1 895.7 755.7 1,388.5 0 0 0 0
Other Non-Current Liabilities 590.2 15.5 411.6 139.8 10.6 298.7 129.6 1,231.6 103,618.2 64,816.0 442.6
Total Non-Current Liabilities 72,417.2 43,815.2 40,199.2 39,345.4 46,503.6 17,792.9 3,366.0 2,326.7 103,618.2 64,816.0 50,316.8
Total Liabilities 196,021.4 151,750.8 141,073.3 115,775.5 115,096.5 68,940.5 39,958.5 34,151.7 124,135.5 77,291.9 60,559.5
Stockholders' Equity
Common Stock 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.1 0.1 0.1
Retained Earnings (163,300.7) (139,801.8) (175,616.9) (189,466.3) (182,741.5) (159,200.5) (163,800.6) (166,039.4) (50,363.8) (31,447.2) (25,657.3)
Accumulated Other Comprehensive Income (2,787.9) 3,603.1 2,051.1 1,484.2 (2,866.7) (6,262.1) (4,447.3) 0 0 (2,742.9) (476.4)
Total Stockholders' Equity 151,122.2 172,663.0 152,013.2 128,761.6 125,613.4 97,693.0 92,112.4 86,504.3 (40,559.1) (25,622.4) (17,669.7)
Total Liabilities & Equity 347,085.5 324,354.9 293,029.6 244,481.2 240,653.3 166,574.8 132,012.9 120,661.5 83,634.2 51,716.6 42,889.8
Debt Metrics
Total Debt 86,662.9 61,509.6 60,620.9 58,087.6 58,919.0 24,056.7 5,546.1 2,270.1 162 1 51,043.2
Net Debt (41,804.9) (9,324.5) 27,281.1 37,929.0 26,405.6 6,963.1 (7,850.1) (14,773.6) (19,246.8) (9,375.6) 34,238.9
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Operating Activities
Net Income (24,837.5) 37,985.4 14,021.9 (6,686.1) (23,538.4) 4,437.9 2,762.4 (115,477.2) (18,916.6) (5,527.1) (10,531.0)
Depreciation & Amortization 10,199.0 8,421.4 7,996.8 9,730.3 8,928.0 5,194.1 4,845.8 5,366.8 844.3 585.8 181.4
Stock-Based Compensation 6,001.9 7,582.7 8,383.4 8,743.0 5,193.9 3,277.5 2,190.9 1,865.1 971.1 913.1 1,054.8
Change in Working Capital (1,055.9) 6,465.6 13,475.5 (813.5) 7,208.7 1,890.3 (2,645.5) (4,986.8) 2,512.4 3,451.1 2,950.7
Other Non-Cash Items (4,122.5) (3,308.3) (3,355.7) 437.8 (1,803.7) (6,324.7) (1,579.4) 104,052.2 14,278.6 (1,340.9) 2,339.6
Operating Cash Flow (13,815.0) 57,146.8 40,521.8 11,411.4 (4,011.5) 8,475.0 5,574.2 (9,179.8) (310.2) (1,918.0) (4,004.4)
Investing Activities
Capital Expenditure (13,270.7) (10,999.5) (6,879.6) (5,731.3) (9,010.5) (15,824.4) (3,001.7) (2,280.0) (745.9) (355.6) (358.2)
Acquisitions 862.3 1,627.1 365.1 (89.2) (810.3) (1,792.9) (1,471.2) (7,423.5) (1,132.7) 2,193.4 1,758.5
Purchases of Investments (88,824.0) (218,724.3) (136,568.9) (190,642.1) (414,145.0) (204,163.3) (177,631.5) (93,052.4) (65,948.8) (54,520.9) (5,918.4)
Sales/Maturities of Investments 130,620.0 237,292.6 117,145.0 181,099.8 365,314.4 201,125.9 170,571.9 78,689.6 52,308.1 42,938.5 5,331.8
Other Investing Activities 385.3 1,009.3 1,274.5 649.3 159.5 (577.2) 1,358.6 627.6 362.3 187.8 39.1
Investing Cash Flow 29,772.9 10,205.3 (24,663.8) (14,713.6) (58,491.8) (21,232.0) (10,174.0) (23,438.7) (15,157.1) (9,556.8) 852.7
Financing Activities
Net Debt Issuance 26,168.0 (1,229.6) (2,027.4) (8,998.4) 35,056.9 17,959.4 (1,891.0) 1,718 161 0 (300)
Stock Repurchased (364.8) (26,089.6) 0 0 0 0 0 (854.6) (651.3) (1,785.8) 0
Dividends Paid 0 0 0 0 0 0 0 (4) 0 0 0
Other Financing Activities (4,616.0) (3,247.5) (947.4) (1,162.2) (2,020.0) (1,040.4) 3,005.2 (238.3) 25.3 0 0
Financing Cash Flow 21,242.7 (30,414.7) (2,781.3) (9,990.2) 78,598.3 17,418.1 1,114.3 29,295.3 25,507.8 3,805.2 18,505.8
Cash Position
Net Change in Cash 35,937.3 37,494.3 13,181.1 (12,354.8) 15,419.9 3,697.4 (3,647.5) (2,365.1) 10,032.3 (7,427.8) 15,473.0
Cash at Beginning 70,834.1 33,339.8 20,158.6 32,513.4 17,093.6 13,396.2 17,043.7 19,408.8 9,376.6 16,804.3 1,331.3
Cash at End 106,771.4 70,834.1 33,339.8 20,158.6 32,513.4 17,093.6 13,396.2 17,043.7 19,408.8 9,376.6 16,804.3
Free Cash Flow (27,085.7) 46,147.3 33,642.3 5,680.1 (13,021.9) (7,349.4) 2,572.5 (11,459.8) (1,056.1) (2,273.6) (4,362.7)
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Income Statement
Revenue 355,439.4 337,591.6 276,745.0 219,954.9 179,128.0 114,794.5 97,528.5 65,227.3 33,928.0 12,988.1 4,019.0
Gross Profit 108,144.0 129,784.6 97,191.2 61,753.0 42,474.1 34,050.1 32,320.4 15,105.0 12,219.5 5,941.2 2,779.5
Operating Income (29,919.6) 36,845.0 13,415.4 (5,820.4) (23,127.2) 4,330.1 2,679.9 (11,085.8) (3,826.1) (6,255.4) (8,473.9)
Net Income (22,752.3) 35,807.2 13,855.8 (6,686.1) (23,538.4) 4,708.3 2,238.8 (115,477.2) (18,916.6) (5,789.9) (10,519.3)
EPS (Diluted) -3.85 5.66 2.11 -1.09 -3.90 0.78 0.38 -42.40 -3.44 -1.05 -1.92
Balance Sheet
Cash & Equivalents 128,467.8 70,834.1 33,339.8 20,158.6 32,513.4 17,093.6 13,396.2 17,043.7 19,408.8 9,376.6 16,804.3
Total Assets 347,085.5 324,354.9 293,029.6 244,481.2 240,653.3 166,574.8 132,012.9 120,661.5 83,634.2 51,716.6 42,889.8
Total Debt 86,662.9 61,509.6 60,620.9 58,087.6 58,919.0 24,056.7 5,546.1 2,270.1 162 1 51,043.2
Stockholders' Equity 151,122.2 172,663.0 152,013.2 128,761.6 125,613.4 97,693.0 92,112.4 86,504.3 (40,559.1) (25,622.4) (17,669.7)
Cash Flow
Operating Cash Flow (13,815.0) 57,146.8 40,521.8 11,411.4 (4,011.5) 8,475.0 5,574.2 (9,179.8) (310.2) (1,918.0) (4,004.4)
Capital Expenditure (13,270.7) (10,999.5) (6,879.6) (5,731.3) (9,010.5) (15,824.4) (3,001.7) (2,280.0) (745.9) (355.6) (358.2)
Free Cash Flow (27,085.7) 46,147.3 33,642.3 5,680.1 (13,021.9) (7,349.4) 2,572.5 (11,459.8) (1,056.1) (2,273.6) (4,362.7)