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The latest announcement is out from Meituan ( (HK:3690) ).
Meituan announced its unaudited financial results for the three and six months ended June 30, 2025, revealing a significant decline in profitability despite an increase in revenues. For the three-month period, revenues increased by 11.7% year-over-year to RMB 91.84 billion, but operating profit and profit for the period saw drastic declines of 98.0% and 96.8%, respectively. Similarly, for the six-month period, revenues rose by 14.7% to RMB 178.40 billion, while operating profit and profit for the period decreased by 34.5% and 37.7%, respectively. The results indicate challenges in maintaining profitability amidst revenue growth, impacting the company’s financial health and potentially affecting stakeholder confidence.
The most recent analyst rating on (HK:3690) stock is a Buy with a HK$188.00 price target. To see the full list of analyst forecasts on Meituan stock, see the HK:3690 Stock Forecast page.
More about Meituan
Meituan is a leading technology-driven service company in China, primarily focusing on the food delivery and on-demand services industry. It operates a platform that connects consumers with local businesses, offering services such as food delivery, hotel and travel booking, and various lifestyle services.
Average Trading Volume: 52,325,898
Technical Sentiment Signal: Sell
Current Market Cap: HK$733.3B
Find detailed analytics on 3690 stock on TipRanks’ Stock Analysis page.