Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
An update from Meitu ( (HK:1357) ) is now available.
Meitu, Inc. announced a significant increase in its financial performance for the year ended December 31, 2024, with net profit and adjusted net profit rising by 112.8% and 59.2% year-on-year, respectively. The company’s growth was driven by its high-margin photo, video, and design products, alongside a successful globalization strategy that boosted its monthly active users by 6.7% year-on-year. The company also expanded its offerings in the global productivity tools market, with AI-driven products like DesignKit doubling revenue year-on-year. These developments indicate Meitu’s strong operational leverage and its ability to capitalize on emerging market opportunities.
More about Meitu
Meitu, Inc. operates in the technology industry, focusing on photo, video, and design products. The company is known for its high-margin digital products and services, with a significant market presence both within and outside Mainland China.
YTD Price Performance: 46.22%
Average Trading Volume: 7,602
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $3.52B
For a thorough assessment of 1357 stock, go to TipRanks’ Stock Analysis page.