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 |
|---|---|---|---|---|---|
| Total revenue | 364,855 | 337,592 | 276,745 | 219,955 | 179,128 |
| Cost of revenue | 253,846 | 207,807 | 179,554 | 158,202 | 136,654 |
| Gross profit | 111,009 | 129,785 | 97,191 | 61,753 | 42,474 |
| Selling, general and administrative | 114,850 | 74,704 | 67,989 | 49,517 | 49,296 |
| Research and development | 25,998 | 21,054 | 21,201 | 20,740 | 16,676 |
| Operating income | -31,036 | 33,159 | 8,997 | -6,604 | -25,944 |
| EBIT | -31,036 | 33,159 | 8,997 | -6,604 | -25,944 |
| EBITDA | -24,047 | 38,473 | 14,050 | 341 | -19,439 |
| Interest expense | 1,886 | 1,337 | 1,424 | 1,583 | 1,081 |
| Pre-tax income | -24,838 | 37,985 | 14,022 | -6,756 | -23,566 |
| Income tax | -1,483 | 2,177 | 165 | -70.2 | -30.3 |
| Net income | -23,355 | 35,807 | 13,856 | -6,686 | -23,538 |
| Net income to common shareholders | -23,355 | 35,807 | 13,856 | -6,686 | -23,538 |
| Basic EPS | -3.84 | 5.85 | 2.23 | -1.09 | -3.90 |
| Diluted EPS | -3.92 | 5.66 | 2.11 | -1.09 | -3.90 |
| Average shares (basic) | 6,077 | 6,125 | 6,213 | 6,157 | 6,038 |
| Average shares (diluted) | 6,077 | 6,226 | 6,300 | 6,157 | 6,038 |
