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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.
| CurrencyCode | HKD |
|---|---|
| Industry | Internet Retail |
| Sector | Consumer Cyclical |
| ISIN | KYG596691041 |
| Exchange | HK |
| Market Cap | 808B |
|---|---|
| Beta | 0.85 |
| Target Price | 210.31 |
| PE Ratio | None |
| Dividend Yield | 0.0% |
Meituan operates an e-commerce platform for various services. It operates through Food Delivery; In-store, Hotel & Travel; and New Initiatives and Others segments. The Food delivery segment provides consumers place orders of food prepared by merchants. The In-store, Hotel & Travel segment offers consumers purchase local consumer services provided by merchants in numerous in-store categories or make reservations for hotels and attractions. The New Initiatives and Others segment sales goods from B2B food distribution services and Meituan grocery; and various businesses, such as Meituan Instashopping, community e-commerce, bike-sharing and electric mopeds, and micro-credit services. 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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