Meituan Class B
MPNGF
Market Cap$106.85B
Close$
Earnings Call Q4 2024
March 21, 2025 - AI Summary
Strong Revenue Growth: Meituan reported a total revenue increase of 22% year-over-year (YOY) to RMB 337.6 billion for the full year 2024, with Q4 alone showing 20.1% growth YOY to RMB 88.5 billion. This highlights robust demand across key business areas, particularly in food delivery and on-demand retail.
Operational Efficiency Improvements: Cost of revenue ratio decreased significantly by 3.9 percentage points YOY to 62.2%, and total segment operating profit jumped to RMB 10.7 billion from RMB 3.2 billion last year, indicating enhanced efficiency and profitability within its core local commerce segment.
Investment in AI and Technology: Meituan is aggressively investing in AI and technology, with plans to build an in-house large language model (LongCat) and integrate AI across operations and products. This positions the company to leverage AI for improved customer service and operational productivity, but it will require ongoing capital investments.
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$18.87
7.8% upside
Current Fair Value
7.8% upsideUndervalued by 7.8% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $106.85 Billion |
|---|---|
| Enterprise Value | $99.11 Billion |
| Dividend Yield | $0 (0%) |
| Earnings per Share | $0.82 |
| Beta | 0.48 |
| Outstanding Shares | 6,046,056,054 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 21.4 |
|---|---|
| PEG | -21.4 |
| Price to Sales | 0.7 |
| Price to Book Ratio | 0.63 |
| Enterprise Value to Revenue | 0.64 |
| Enterprise Value to EBIT | 6.57 |
| Enterprise Value to Net Income | 5 |
| Total Debt to Enterprise | 0.64 |
| Debt to Equity | 0.37 |
Revenue Sources
No data
Insider Trades
ESG Score
No data
About Meituan
CEO: Xing Wang Meituan is an investment holding company, which engages in the provision of a platform that uses technology to connect consumers and merchants. It operates through the following segments: Food Delivery, In-store, Hotel, and Travel, and N...