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3690 Stock Chart & Stats
HK$86.50
-HK$2.30(-1.57%)
At close: 4:00 PM EST
HK$86.50
-HK$2.30(-1.57%)
Day’s Range― - ―
52-Week RangeHK$71.10 - HK$136.10
Previous CloseN/A
Volume26.55M
Average Volume (3M)49.50M
Market Cap
HK$422.97B
Enterprise ValueHK$371.97B
Total Cash (Recent Filing)HK$171.02B
Total Debt (Recent Filing)HK$50.98B
Price to Earnings (P/E)―
Beta1.50
Next Earnings
Sep 02, 2026EPS Estimate
0.03Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)4.88
Shares Outstanding5,595,613,000
10 Day Avg. Volume44,891,500
30 Day Avg. Volume49,500,806
Financial Highlights & Ratios
PEG Ratio0.15
Price to Book (P/B)3.66
Price to Sales (P/S)1.51
P/FCF Ratio-20.40
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$114.28Price Target Upside32.12% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering28
EPS Forecast (FY)-0.56
Revenue Forecast (FY)HK$402.92B
Bulls Say, Bears Say
Bulls Say
Nationwide Logistics NetworkMeituan’s nationwide fulfillment and last-mile delivery network is a durable operational asset that enables scale, faster order fulfillment and higher merchant coverage. This infrastructure supports repeat transactions, raises barriers to entry for competitors, and underpins long-term unit economics across services.
Diversified MonetizationMultiple revenue streams—merchant commissions, online advertising, delivery fees and retail on-demand—reduce single-channel dependency. This structural diversification helps stabilize revenue across cycles and allows margin mix optimization as higher-margin services (marketing, commissions) scale with platform usage.
Historic Revenue And Margin StrengthConsistent revenue expansion and margin improvement through 2024 indicate the business model can generate scalable profits when execution is intact. These track records suggest sustainable operating leverage potential as gross margins and scale benefits can re-emerge when growth normalizes and cost discipline returns.
Bears Say
2025 Profitability ReversalThe sharp swing to sizable losses in 2025 highlights earnings volatility and execution risk. A structural earnings reversal undermines confidence in profit sustainability, increases financing needs in downturns, and demonstrates sensitivity of returns to operational shocks and competitive pressures.
Deteriorated Cash GenerationCash generation shifted from robust positive in 2023–2024 to deeply negative in 2025, signaling fragile cash conversion when revenue or margins slip. Persistent cash weakness would constrain reinvestment, force external financing, and reduce flexibility to sustain promotions or network investments critical to long-term market share.
Weakened Balance Sheet CushionRising leverage and a negative ROE after the 2025 loss weaken the balance sheet buffer against future shocks. Increased financial leverage limits strategic optionality, raises vulnerability to funding stress, and heightens the importance of restoring profitability to avoid longer-term solvency or rating pressures.
Meituan News
3690 FAQ
What was Meituan’s price range in the past 12 months?
Meituan lowest stock price was HK$71.10 and its highest was HK$136.10 in the past 12 months.
What is Meituan’s market cap?
Meituan’s market cap is HK$422.97B.
When is Meituan’s upcoming earnings report date?
Meituan’s upcoming earnings report date is Sep 02, 2026 which is in 62 days.
How were Meituan’s earnings last quarter?
Meituan released its earnings results on Jun 01, 2026. The company reported -HK$0.935 earnings per share for the quarter, beating the consensus estimate of -HK$1.324 by HK$0.389.
Is Meituan overvalued?
According to Wall Street analysts Meituan’s price is currently Undervalued.
Does Meituan pay dividends?
Meituan does not currently pay dividends.
What is Meituan’s EPS estimate?
Meituan’s EPS estimate is 0.03.
How many shares outstanding does Meituan have?
Meituan has 5,595,613,000 shares outstanding.
What happened to Meituan’s price movement after its last earnings report?
Meituan reported an EPS of -HK$0.935 in its last earnings report, beating expectations of -HK$1.324. Following the earnings report the stock price went up 6.535%.
Which hedge fund is a major shareholder of Meituan?
Currently, no hedge funds are holding shares in HK:3690
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Meituan Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
HK$114.28 (32.12% Upside)
HK$114.28 (32.12% Upside)
Blogger Sentiment
Bullish
HK:3690 Sentiment 70%
Sector Average 66%
Sector Average 66%
News Sentiment
Bullish
Bullish news 67%
Bearish news 33%
Bearish news 33%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-44.76%
12-Months-Change
Fundamentals
Return on Equity
-24.63%
Trailing 12-Months
Asset Growth
15.33%
Trailing 12-Months
Company Description
Meituan
Meituan manages a comprehensive online platform that facilitates a diverse range of services. Its operations are organized into three principal segments: Food Delivery; In-store, Hotel & Travel; and New Initiatives and Others. The Food Delivery division enables customers to conveniently order prepared meals from numerous vendors. Meanwhile, the In-store, Hotel & Travel segment allows patrons to acquire local consumer services from various in-store businesses or to book reservations for hotels and tourist attractions. The New Initiatives and Others division covers sales from its B2B food distribution and Meituan grocery services, alongside an assortment of other ventures such as Meituan Instashopping, community e-commerce, shared bicycles and electric mopeds, and micro-lending facilities. Established in 2003, Meituan is headquartered in Beijing, China. The company rebranded to its current name, Meituan, in October 2020, having previously operated as Meituan Dianping.
3690 Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call balanced strong operational and strategic positives — robust user and engagement growth (DAU +20%), notable progress in quick commerce, membership upgrades, AI milestones, Keeta achieving profitability in Hong Kong, and a healthy cash buffer (RMB 141.3bn) — against significant near-term financial pain: meaningful operating and adjusted net losses (RMB 15.3bn and RMB 16.0bn), negative operating cash flow (RMB -22.1bn), and sharp margin compression driven by elevated incentives and marketing spend. Management framed losses as deliberate, strategic investments to defend leadership and grow long-term value. Given sizable operational strengths and clear strategic rationale but material near-term financial deterioration, the overall tone is cautious and transitional.View all HK:3690 earnings summaries3690 Stock 12 Month Forecast
Average Price Target
HK$114.28
▲(32.12% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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