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Meituan is currently in a long term downtrend where the price is trading 7.7% below its 200 day moving average.
From a valuation standpoint, the stock is 197.7% more expensive than other stocks from the Consumer Cyclical sector with a price to sales ratio of 14.4.
Meituan's total revenue rose by 307.7% to $115B since the same quarter in the previous year.
Its net income has increased by 222.9% to $5B since the same quarter in the previous year.
Finally, its free cash flow fell by 207.7% to $-3B since the same quarter in the previous year.
Based on the above factors, Meituan gets an overall score of 2/5.
Industry | Internet Retail |
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Exchange | HK |
CurrencyCode | HKD |
ISIN | KYG596691041 |
Sector | Consumer Cyclical |
Beta | None |
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Market Cap | 845B |
PE Ratio | 22.71 |
Target Price | 198.4674 |
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 food delivery services; and helps consumers purchase local consumer services provided by merchants in numerous in-store categories or make reservations for hotels, and attraction and transportation ticketing. It also sells goods from B2B food distribution services and Meituan grocery; and engages in various businesses, such as Meituan Select, bike sharing and e-moped sharing, power banks, and micro-credit services. In addition, the company provides cloud computing services; merchant information technology and advisory services; online marketing services; and operates e-commerce service platform. The company was formerly known as Meituan Dianping and changed its name to Meituan in October 2020. Meituan was founded in 2003 and is headquartered in Beijing, China.
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