Meituan (3690) Stock Overview
Operates as a technology driven retail company in the People’s Republic of China, Hong Kong, Macao, Taiwan, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
No risks detected for 3690 from our risk checks.
3690 Community Fair Values
Create NarrativeSee what 101 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Meituan Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$75.10 |
| 52 Week High | HK$109.70 |
| 52 Week Low | HK$63.65 |
| Beta | 0.22 |
| 1 Month Change | -18.06% |
| 3 Month Change | -3.59% |
| 1 Year Change | -22.22% |
| 3 Year Change | -39.58% |
| 5 Year Change | -68.81% |
| Change since IPO | 3.37% |
Recent News & Updates
Recent updates
Meituan (HKG:3690) Just Released Its Second-Quarter Earnings: Here's What Analysts Think
Meituan ( HKG:3690 ) shareholders are probably feeling a little disappointed, since its shares fell 4.6% to HK$78.90 in...Analysts Have Made A Financial Statement On Meituan's (HKG:3690) First-Quarter Report
Investors in Meituan ( HKG:3690 ) had a good week, as its shares rose 3.5% to close at HK$80.40 following the release...
3690: Higher Discount Rate And Thinner Margins Will Pressure Future Returns
Analysts have trimmed their fair value estimate for Meituan from about HK$78.22 to around HK$70.34, citing slightly higher discount rates, more cautious assumptions for revenue growth and profit margins, and a higher future P/E multiple in their updated models. What's in the News Meituan scheduled a board meeting for March 26, 2026, to approve the group’s annual results for the year ended December 31, 2025, and to handle other business (company event filing).The Meituan (HKG:3690) Yearly Results Are Out And Analysts Have Published New Forecasts
It's been a good week for Meituan ( HKG:3690 ) shareholders, because the company has just released its latest yearly...
3690: Future Earnings Upside Will Depend On Core Commerce Margin Stability
Narrative Update on Meituan Analysts have reduced Meituan’s price target by $5 and now value the stock at $10, citing tightening core local commerce margins and heightened competition as key factors. Analyst Commentary Recent street research reflects a mix of optimism and caution among analysts regarding Meituan’s performance and outlook.China Urbanization And Digital Payments Will Expand Market Opportunity
Meituan’s consensus price target was trimmed as its future P/E moved higher despite stable net margins, suggesting valuation multiples have expanded, with fair value revised to HK$131.41. What's in the News Meituan completed the repurchase of 42,305,400 shares (0.69% of outstanding shares) for $5,224.8 million under its ongoing buyback program.
Innovation And Expansion In On-Demand Delivery Drive Growth And International Opportunities
Expansion in on-demand delivery and retail segments through innovation and partnerships is set to drive consumer engagement and revenue growth.Shareholder Returns
| 3690 | HK Hospitality | HK Market | |
|---|---|---|---|
| 7D | -8.1% | -6.5% | -2.9% |
| 1Y | -22.2% | -29.4% | -6.2% |
Return vs Industry: 3690 exceeded the Hong Kong Hospitality industry which returned -29.4% over the past year.
Return vs Market: 3690 underperformed the Hong Kong Market which returned -6.2% over the past year.
Price Volatility
| 3690 volatility | |
|---|---|
| 3690 Average Weekly Movement | 6.0% |
| Hospitality Industry Average Movement | 5.8% |
| Market Average Movement | 7.6% |
| 10% most volatile stocks in HK Market | 15.0% |
| 10% least volatile stocks in HK Market | 3.6% |
Stable Share Price: 3690 has not had significant price volatility in the past 3 months compared to the Hong Kong market.
Volatility Over Time: 3690's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2003 | 111,298 | Xing Wang | www.meituan.com |
Meituan operates as a technology driven retail company in the People’s Republic of China, Hong Kong, Macao, Taiwan, and internationally. It operates through Core Local Commerce and New Initiatives segments. The company offers daily goods and services, such as food delivery, in-store, hotel and travel booking, and other services and sales; bike sharing, e-moped sharing, power banks and micro-credit; and operates Kuailv and Xiaoxiang Supermarkets.
Meituan Fundamentals Summary
| 3690 fundamental statistics | |
|---|---|
| Market cap | HK$463.51b |
| Earnings (TTM) | -HK$44.95b |
| Revenue (TTM) | HK$447.58b |
Is 3690 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 3690 income statement (TTM) | |
|---|---|
| Revenue | CN¥382.84b |
| Cost of Revenue | CN¥272.89b |
| Gross Profit | CN¥109.95b |
| Other Expenses | CN¥148.40b |
| Earnings | -CN¥38.45b |
Last Reported Earnings
Jun 30, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | -6.23 |
| Gross Margin | 28.72% |
| Net Profit Margin | -10.04% |
| Debt/Equity Ratio | 52.4% |
How did 3690 perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/11 04:18 |
| End of Day Share Price | 2026/09/11 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Meituan is covered by 59 analysts. 38 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Sau Shing Chow | ABCI Securities Company Limited |
| Tianli Wen | Aletheia Analyst Network Limited |
| Richard Kramer | Arete Research Services LLP |