Meituan
HKEX:3690

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Meituan
HKEX:3690
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Price: 137.3 HKD 0.66% Market Closed
Market Cap: 838.9B HKD

Operating Margin
Meituan

10.1%
Current
0.4%
Average
3.1%
Industry

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
10.1%
=
Operating Profit
34.1B
/
Revenue
337.6B

Operating Margin Across Competitors

Country Company Market Cap Operating
Margin
CN
Meituan
HKEX:3690
830.1B HKD
10%
US
Amazon.com Inc
NASDAQ:AMZN
2.2T USD
11%
ZA
Naspers Ltd
JSE:NPN
1.1T Zac
0%
CN
Alibaba Group Holding Ltd
NYSE:BABA
298.7B USD
14%
CN
PDD Holdings Inc
NASDAQ:PDD
166.6B USD
28%
AR
Mercadolibre Inc
NASDAQ:MELI
130.2B USD
13%
UY
MercadoLibre Inc
BMV:MELIN
2.5T MXN
13%
NL
Prosus NV
AEX:PRX
109B EUR
1%
US
DoorDash Inc
NASDAQ:DASH
92.1B USD
2%
CN
JD.Com Inc
HKEX:9618
387.8B HKD
4%
KR
Coupang Inc
NYSE:CPNG
49B USD
2%

Meituan
Glance View

Economic Moat
None
Market Cap
830.1B 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
225.94 HKD
Undervaluation 39%
Intrinsic Value
Price
What is Operating Margin?

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
10.1%
=
Operating Profit
34.1B
/
Revenue
337.6B
What is the Operating Margin of Meituan?

Based on Meituan's most recent financial statements, the company has Operating Margin of 10.1%.

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