Meituan
HKEX:3690

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Meituan
HKEX:3690
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Price: 136.9 HKD 0.66% Market Closed
Market Cap: 836.4B HKD

Net Margin
Meituan

10.6%
Current
0.1%
Average
1.5%
Industry

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
10.6%
=
Net Income
35.8B
/
Revenue
337.6B

Net Margin Across Competitors

Country Company Market Cap Net
Margin
CN
Meituan
HKEX:3690
827.7B HKD
11%
US
Amazon.com Inc
NASDAQ:AMZN
2.1T USD
10%
ZA
Naspers Ltd
JSE:NPN
1.1T Zac
48%
CN
Alibaba Group Holding Ltd
NYSE:BABA
288.1B USD
13%
CN
PDD Holdings Inc
NASDAQ:PDD
169.3B USD
29%
UY
MercadoLibre Inc
BMV:MELIN
2.4T MXN
9%
AR
Mercadolibre Inc
NASDAQ:MELI
126.6B USD
9%
NL
Prosus NV
AEX:PRX
107.4B EUR
133%
US
DoorDash Inc
NASDAQ:DASH
92.5B USD
3%
KR
Coupang Inc
NYSE:CPNG
49.6B USD
1%
CN
JD.Com Inc
HKEX:9618
380.3B HKD
4%

Meituan
Glance View

Economic Moat
None
Market Cap
827.7B HKD
Industry
Retail

In the bustling landscape of China's digital economy, Meituan has carved out a formidable presence as a multifaceted platform, central to the lives of millions. Founded in 2010 by Wang Xing, the company began its journey as a group-buying site, reminiscent of the early days of Groupon. However, it swiftly evolved, embracing a far-reaching vision to become the indispensable marketplace for local services. At its core, Meituan functions as a super app, weaving together a diverse array of offerings—from food delivery and restaurant bookings to hotel reservations and ride-hailing services. This strategic integration of services enables Meituan to attract a vast user base, entrenching itself deeply into everyday consumer transactions across China. Financially, Meituan capitalizes on multiple revenue streams to fuel its growth. Its most prominent income sources are commissions from merchants and service providers, advertising fees paid by businesses eager to engage its massive audience, and delivery fees charged to consumers. These streams are complemented by Meituan's foray into emerging sectors like grocery delivery, which has seen a surge in demand. The company's business model thrives on the network effect; as more users flock to the platform, more merchants and service providers are drawn to it, creating a virtuous cycle of growth. The synergy of data analytics and AI-powered recommendations further enhances user engagement, optimizing service delivery and efficiency. This technological prowess, combined with strategic partnerships and consistent innovation, positions Meituan as a key architect in shaping China's digital consumer experience.

Intrinsic Value
227.3 HKD
Undervaluation 40%
Intrinsic Value
Price
What is Net Margin?

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
10.6%
=
Net Income
35.8B
/
Revenue
337.6B
What is the Net Margin of Meituan?

Based on Meituan's most recent financial statements, the company has Net Margin of 10.6%.

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