Meituan
$70.20Change from previous close: −2.09%Absolute change: −$1.50
At a glance
- Revenue growth
- +8.08%
- 2025 vs 2024
- Net margin
- -6.4%
- 2024: 10.6%
Financial data
Amounts in millions of CNY; per-share values in CNY; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating cash flow | -13,815 | 57,147 | 40,522 | 11,411 | -4,011 |
| Depreciation and amortization | 10,137 | 8,353 | 7,934 | 9,666 | 8,607 |
| Capital expenditure | -13,271 | -10,999 | -6,880 | -5,731 | -9,010 |
| Investing cash flow | 29,773 | 10,205 | -24,664 | -14,714 | -58,492 |
| Financing cash flow | 21,243 | -30,415 | -2,781 | -9,990 | 78,598 |
| Share repurchases | -365 | -26,090 | 0.0 | — | — |
| Debt issued | 42,232 | 20,543 | 43,089 | 26,325 | 45,427 |
| Debt repaid | -19,399 | -24,590 | -45,116 | -35,324 | -11,770 |
| Effect of exchange rates | -1,263 | 557 | 104 | 938 | -675 |
| Net change in cash | 35,937 | 37,494 | 13,181 | -12,355 | 15,420 |
| Free cash flow | -27,086 | 46,147 | 33,642 | 5,680 | -13,022 |
| Levered free cash flow | -16,698 | 31,030 | 29,762 | 8,976 | -3,991 |