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Meituan (HK:3690)
:3690
Earnings Data
Report Date
Aug 22, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
1.69Last Year’s EPS
2.17Same Quarter Last Year
Strong Buy
Based on 16 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 26, 2025
|% Change Since: 2.34%
|Next Earnings Date:Aug 22, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a balance between positive developments such as strong revenue growth, successful expansion in overseas markets, and advancements in AI, against challenges like intensified competition in the food delivery sector and ongoing challenges in grocery retail. The company is taking strategic steps to maintain its competitive edge and is committed to long-term growth.Company Guidance
During the Meituan First Quarter 2025 Earnings Conference Call, management provided guidance and insights into the company's performance and strategic initiatives. Revenue for the first quarter increased by 18.1% year-over-year to RMB86.6 billion, with growth driven by both annual transacting users and active merchants reaching new highs. The company plans to invest RMB100 billion over the next three years to drive high-quality growth in the food service industry, focusing on empowering merchants, elevating supply quality, and stimulating consumption. Meituan's Core Local Commerce segment saw revenue growth of 17.8%, reaching RMB64.3 billion, with an operating profit of RMB13.5 billion. The new initiative segment, including Meituan Instashopping, reported a 19.2% increase in revenue. Management also highlighted the company's commitment to enhancing courier welfare, including plans to roll out occupational injury insurance nationwide by next year, and a new pension pilot program for couriers. Despite intensified competition, Meituan remains confident in maintaining market leadership and plans to leverage AI technology to refine user experience and operational efficiency.Strong Revenue Growth
Meituan reported an 18.1% year-over-year increase in revenue for the first quarter of 2025, reaching RMB86.6 billion.
Expansion of Meituan Instashopping
Meituan Instashopping saw robust growth with over 500 million transacting users and expanded into new product categories, achieving over 60% order growth in non-food categories.
Successful Expansion in Overseas Markets
Keeta has become the largest food delivery player in Hong Kong and expanded operations to all major cities in Saudi Arabia. Meituan announced plans to invest $1 billion in the Brazilian market over the next five years.
Commitment to Courier Welfare
Meituan announced a pilot pension program and occupational injury insurance for couriers, covering over 7 million couriers and providing RMB1.5 billion in insurance coverage.
AI and Technology Advancements
Meituan has advanced its AI capabilities, with 52% of new code generated by AI and plans to launch AI-powered business decision assistants for the food service industry.
HK:3690 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
HK:3690 Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 26, 2025 | HK$136.90 | HK$129.40 | -5.48% |
Mar 21, 2025 | HK$168.10 | HK$167.60 | -0.30% |
Nov 29, 2024 | HK$172.20 | HK$168.70 | -2.03% |
Aug 28, 2024 | HK$106.20 | HK$102.80 | -3.20% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Meituan (HK:3690) report earnings?
Meituan (HK:3690) is schdueled to report earning on Aug 22, 2025, TBA Not Confirmed.
What is Meituan (HK:3690) earnings time?
Meituan (HK:3690) earnings time is at Aug 22, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Meituan stock?
The P/E ratio of Meituan is N/A.
What is HK:3690 EPS forecast?
HK:3690 EPS forecast for the fiscal quarter 2025 (Q2) is 1.69.