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3690 Stock Chart & Stats
HK$77.50
HK$1.40(1.57%)
At close: 4:00 PM EDT
HK$77.50
HK$1.40(1.57%)
Day’s Range― - ―
52-Week RangeHK$63.65 - HK$108.00
Previous CloseN/A
Volume35.07M
Average Volume (3M)32.29M
Market Cap
HK$436.30B
Enterprise ValueHK$313.55B
Total Cash (Recent Filing)HK$190.23B
Total Debt (Recent Filing)HK$95.82B
Price to Earnings (P/E)―
Beta1.53
Next Earnings
Nov 27, 2026EPS Estimate
0.33Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-6.29
Shares Outstanding5,596,332,000
10 Day Avg. Volume19,736,282
30 Day Avg. Volume32,288,052
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$115.43Price Target Upside48.94% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering17
EPS Forecast (FY)0.16
Revenue Forecast (FY)HK$415.91B
Bulls Say, Bears Say
Bulls Say
Scaled Local-Services MarketplaceThe integrated marketplace and fulfillment network creates recurring transaction, commission, advertising and delivery-fee opportunities. Scale can improve order density, merchant reach and operational efficiency, reinforcing Meituan’s position in local services over the next several quarters.
Improving Profitability And Unit EconomicsThe return to profitability alongside positive delivery unit economics indicates that operating execution is improving despite investment and competitive pressure. Better marketing efficiency and cost ratios could support a more durable earnings recovery if management maintains discipline.
Strong Liquidity And Strategic Investment CapacityA substantial cash and investment position gives Meituan flexibility to fund AI, grocery, overseas and platform initiatives while absorbing temporary operating pressure. This financial capacity supports continued product development and expansion without relying solely on near-term cash generation.
Bears Say
Persistent Negative Cash GenerationSustained negative operating and free cash flow reduces financial flexibility even though liquidity is strong. If cash burn continues while Meituan invests in expansion, more capital will be tied up in growth and less will be available for shareholder returns or resilience.
Margin Compression And Recent LossesThe sharp deterioration in gross and net margins shows that revenue growth has not yet translated into stable profitability. Lower unit economics can constrain reinvestment returns and make the business more sensitive to delivery costs, promotions and continued competitive spending.
Competition And Loss-Making ExpansionElevated subsidies can prolong customer-acquisition and retention costs, while newer businesses continue consuming resources at scale. Together, these pressures may delay margin recovery and require Meituan to balance market-share ambitions against returns on invested capital.
Meituan News
3690 FAQ
What was Meituan’s price range in the past 12 months?
Meituan lowest stock price was HK$63.65 and its highest was HK$108.00 in the past 12 months.
What is Meituan’s market cap?
Meituan’s market cap is HK$436.30B.
When is Meituan’s upcoming earnings report date?
Meituan’s upcoming earnings report date is Nov 27, 2026 which is in 51 days.
How were Meituan’s earnings last quarter?
Meituan released its earnings results on Aug 28, 2026. The company reported HK$0.482 earnings per share for the quarter, beating the consensus estimate of HK$0.063 by HK$0.419.
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 0.33.
How many shares outstanding does Meituan have?
Meituan has 5,596,332,000 shares outstanding.
What happened to Meituan’s price movement after its last earnings report?
Meituan reported an EPS of HK$0.482 in its last earnings report, beating expectations of HK$0.063. Following the earnings report the stock price went same 0%.
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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10
Analyst Consensus
Strong Buy
Average Price Target:
HK$115.43 (48.94% Upside)
HK$115.43 (48.94% Upside)
Blogger Sentiment
Bullish
HK:3690 Sentiment 75%
Sector Average 60%
Sector Average 60%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-30.62%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
22.93%
Trailing 12-Months
Learn more about TipRanks Smart Score
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
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized clear operational and financial progress: revenue rose 14.4% to RMB 104.6 billion, unit economics turned positive, segments improved to profitability (core commerce) and new initiatives showed revenue growth with narrowing losses. Strong cash and investment positions, rapid grocery and overseas expansion, and significant AI progress were highlighted. Near-term challenges include elevated industry subsidies, Q3 seasonality and cost headwinds (including nationwide courier insurance rollout), continued scale losses in some new initiatives, and intense competition in certain markets. Overall, the positives—accelerating revenue, return to profitability, improved margins and strong strategic investments—outweigh the highlighted near-term pressures.View all HK:3690 earnings summaries3690 Stock 12 Month Forecast
Average Price Target
HK$115.43
▲(48.94% Upside)
Technical Analysis
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