Meituan
HKEX:3690

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Meituan
HKEX:3690
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Price: 99.05 HKD 0.97% Market Closed
Market Cap: 605.3B HKD

Income Statement

Earnings Waterfall
Meituan

Revenue
362.4B CNY
Cost of Revenue
-240.9B CNY
Gross Profit
121.5B CNY
Operating Expenses
-124B CNY
Operating Income
-2.6B CNY
Other Expenses
590m CNY
Net Income
-2B CNY

Income Statement
Meituan

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Income Statement
Currency: CNY
Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Revenue
Interest Expense
0
0
25
0
0
0
176
0
0
0
345
0
0
0
1 081
0
0
0
1 583
0
0
0
1 424
0
0
0
1 337
0
0
0
Revenue
46 497
N/A
65 573
+41%
65 227
-1%
73 126
+12%
80 756
+10%
89 174
+10%
97 529
+9%
95 109
-2%
97 128
+2%
105 035
+8%
114 795
+9%
135 057
+18%
154 094
+14%
167 522
+9%
179 128
+7%
188 380
+5%
195 559
+4%
209 349
+7%
219 955
+5%
232 303
+6%
249 330
+7%
263 178
+6%
276 745
+5%
291 404
+5%
305 690
+5%
322 800
+6%
337 592
+5%
350 873
+4%
360 462
+3%
362 373
+1%
Gross Profit
Cost of Revenue
(33 660)
(48 165)
(50 122)
(56 163)
(58 694)
(62 090)
(65 208)
(62 661)
(64 045)
(70 722)
(80 744)
(99 003)
(114 102)
(127 575)
(136 654)
(142 366)
(146 484)
(152 547)
(158 202)
(161 474)
(168 677)
(174 048)
(179 554)
(188 334)
(194 128)
(201 466)
(207 807)
(214 371)
(227 437)
(240 920)
Gross Profit
12 838
N/A
17 409
+36%
15 105
-13%
16 962
+12%
22 062
+30%
27 083
+23%
32 320
+19%
32 447
+0%
33 081
+2%
34 312
+4%
34 050
-1%
36 054
+6%
39 992
+11%
39 947
0%
42 474
+6%
46 014
+8%
49 075
+7%
56 802
+16%
61 753
+9%
70 829
+15%
80 653
+14%
89 130
+11%
97 191
+9%
103 070
+6%
111 562
+8%
121 334
+9%
129 785
+7%
136 502
+5%
133 026
-3%
121 453
-9%
Operating Income
Operating Expenses
(21 023)
(28 704)
(28 582)
(29 833)
(29 791)
(30 308)
(30 974)
(28 763)
(29 099)
(30 650)
(36 095)
(40 085)
(49 210)
(56 645)
(64 681)
(66 042)
(65 941)
(65 884)
(68 102)
(68 876)
(73 745)
(79 993)
(87 058)
(86 529)
(88 171)
(88 355)
(95 729)
(94 919)
(103 333)
(124 032)
Selling, General & Administrative
(16 363)
(22 307)
(20 703)
(22 970)
(23 293)
(24 020)
(21 444)
(22 709)
(22 852)
(23 432)
(24 984)
(31 151)
(38 723)
(45 247)
(47 370)
(51 770)
(50 358)
(49 975)
(47 495)
(50 528)
(55 730)
(61 781)
(65 944)
(71 747)
(72 583)
(73 891)
(72 407)
(76 695)
(84 365)
(100 839)
Research & Development
(5 263)
(7 266)
(7 031)
(7 725)
(8 053)
(8 187)
(8 208)
(8 705)
(9 050)
(9 883)
(10 584)
(12 073)
(13 597)
(15 343)
(16 239)
(18 078)
(19 381)
(20 079)
(20 108)
(20 908)
(21 111)
(21 018)
(20 578)
(21 153)
(21 086)
(21 059)
(20 444)
(21 825)
(22 746)
(24 389)
Depreciation & Amortization
0
0
(1 041)
0
0
0
(1 952)
0
0
0
(1 801)
0
0
0
(2 362)
0
0
0
(2 654)
0
0
0
(2 668)
0
0
0
(2 906)
0
0
0
Other Operating Expenses
603
869
194
863
1 556
1 901
630
2 651
2 803
2 664
1 274
3 139
3 110
3 946
1 290
3 808
3 799
4 170
2 154
2 560
3 098
2 808
2 132
6 373
5 497
6 594
29
3 601
3 779
1 197
Operating Income
(8 186)
N/A
(11 296)
-38%
(13 477)
-19%
(12 871)
+4%
(7 729)
+40%
(3 224)
+58%
1 347
N/A
3 685
+174%
3 983
+8%
3 663
-8%
(2 045)
N/A
(4 031)
-97%
(9 218)
-129%
(16 699)
-81%
(22 207)
-33%
(20 028)
+10%
(16 866)
+16%
(9 082)
+46%
(6 349)
+30%
1 954
N/A
6 909
+254%
9 138
+32%
10 133
+11%
16 541
+63%
23 390
+41%
32 979
+41%
34 056
+3%
41 582
+22%
29 693
-29%
(2 579)
N/A
Pre-Tax Income
Interest Income Expense
1 810
1 524
2 618
1 707
593
1 057
1 944
(506)
199
5 827
6 121
5 503
5 185
(637)
1 677
(552)
(1 524)
(1 394)
(106)
769
1 779
1 978
5 026
651
842
1 559
4 827
2 366
2 734
1 423
Non-Reccuring Items
0
0
(6)
0
(139)
(251)
(514)
(821)
(728)
(746)
386
(196)
(254)
(3 703)
(2 986)
(3 888)
(3 834)
(539)
(254)
(355)
(500)
(492)
(1 135)
(1 055)
(1 136)
(1 136)
(898)
(844)
(586)
(604)
Total Other Income
(28 813)
(108 569)
(104 626)
(84 393)
(79 756)
0
(15)
0
0
0
(25)
0
0
0
(50)
0
0
0
(46)
0
0
0
(1)
0
0
0
(0)
0
0
0
Pre-Tax Income
(35 189)
N/A
(118 342)
-236%
(115 491)
+2%
(95 557)
+17%
(87 031)
+9%
(2 417)
+97%
2 762
N/A
2 358
-15%
3 453
+46%
8 743
+153%
4 438
-49%
1 276
-71%
(4 286)
N/A
(21 037)
-391%
(23 566)
-12%
(24 467)
-4%
(22 223)
+9%
(11 014)
+50%
(6 756)
+39%
2 370
N/A
8 190
+246%
10 624
+30%
14 022
+32%
16 137
+15%
23 095
+43%
33 402
+45%
37 985
+14%
43 105
+13%
31 841
-26%
(1 760)
N/A
Net Income
Tax Provision
(142)
(286)
(2)
(303)
(237)
(220)
(526)
(268)
(29)
(332)
270
165
160
596
30
74
71
73
70
7
(8)
(66)
(165)
(269)
(563)
(1 599)
(2 177)
(2 609)
(2 332)
(228)
Income from Continuing Operations
(35 332)
(118 629)
(115 493)
(95 860)
(87 268)
(2 638)
2 236
2 090
3 424
8 412
4 708
1 441
(4 125)
(20 440)
(23 536)
(24 392)
(22 152)
(10 941)
(6 685)
2 375
8 180
10 556
13 857
15 868
22 531
31 803
35 808
40 496
29 509
(1 988)
Income to Minority Interest
63
65
16
4
(5)
(5)
3
3
1
0
1
0
(1)
(2)
(2)
(1)
0
0
(1)
0
(1)
(1)
(2)
(2)
(1)
(1)
(1)
(1)
(1)
(1)
Net Income (Common)
(35 270)
N/A
(118 565)
-236%
(115 477)
+3%
(95 858)
+17%
(87 275)
+9%
(2 645)
+97%
2 239
N/A
2 092
-7%
3 425
+64%
8 412
+146%
4 708
-44%
1 440
-69%
(4 127)
N/A
(20 444)
-395%
(23 538)
-15%
(24 393)
-4%
(22 153)
+9%
(10 942)
+51%
(6 686)
+39%
2 373
N/A
8 178
+245%
10 555
+29%
13 856
+31%
15 866
+15%
22 530
+42%
31 802
+41%
35 807
+13%
40 495
+13%
29 508
-27%
(1 989)
N/A
EPS (Diluted)
-22.74
N/A
-76.41
-236%
-42.4
+45%
-35.19
+17%
-9.97
+72%
-0.46
+95%
0.38
N/A
0.36
-5%
0.57
+58%
1.43
+151%
0.81
-43%
0.24
-70%
-0.69
N/A
-3.44
-399%
-3.9
-13%
-3.94
-1%
-3.6
+9%
-1.78
+51%
-1.09
+39%
0.4
N/A
1.27
+218%
1.69
+33%
2.19
+30%
2.51
+15%
3.62
+44%
5.22
+44%
5.75
+10%
6.62
+15%
4.75
-28%
-0.32
N/A