Metrics
Figures converted from HKD to USD at historical FX rates (frankfurter.app). Monetary statements are shown in US$ millions; per-share figures use the matching period rate. Filing links open the native figures from which each USD value was derived.
As-reported financial statements for Meituan, FY2021–FY2025, traced to the source filings, opened with the share-price history those statements have to justify. Every linked USD figure opens the exact filing row containing the native reported value from which it was converted. Amounts in US$ millions unless noted.
Share Price — Available History Since January 2026
The stock closed at $10.32 on Jul 09, 2026 — down 18% over the window shown, trading between $8.20 and $13.49.
Source: market price feed, daily closes, Jan 2026–Jul 2026 — the feed marks this available history as partial. Price return only, excludes dividends. Prices converted from HKD to USD with date-matched or nearest-available FX.
FY2025 at a Glance
Operating income (US$ millions)
Diluted EPS
Source: FY2025 consolidated statements [1] [2] [3] [4]. Click any linked figure to open the filing page with the row highlighted.
Revenue by Operating Segment
| Revenue by Operating Segment | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Core local commerce | 17,525 | 20,617 | 26,488 | 32,222 | 33,508 |
| New initiatives | 5,448 | 7,592 | 8,941 | 11,246 | 13,365 |
| Total revenues | 22,973 | 28,209 | 35,429 | 43,468 | 46,873 |
| Total revenues growth, derived | — | +22.8% | +25.6% | +22.7% | +7.8% |
Source: Note 5 Segment Reporting — segment revenues (FY2021 restated to the two-segment structure in the FY2022 report) [5] [6] [7] [8]. Click any linked figure to open the filing page with the row highlighted.
Operating Profit by Segment
| Operating Profit by Segment | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Core local commerce | 2,413 | 3,784 | 4,954 | 6,749 | (887) |
| New initiatives | (4,607) | (3,640) | (2,582) | (937) | (1,295) |
| Unallocated items | (772) | (891) | (655) | (1,068) | (1,035) |
| Total operating profit/(loss) | (2,966) | (746) | 1,717 | 4,744 | (3,217) |
Source: Note 5 Segment Reporting — segment operating profit/(loss) [5] [6] [7] [8]. Click any linked figure to open the filing page with the row highlighted.
Income Statement
| Income Statement | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026E | FY2027E |
|---|---|---|---|---|---|---|---|
| Revenues | 22,973 | 28,209 | 35,429 | 43,468 | 46,873 | 51,348 | 58,323 |
| Cost of revenues | (17,526) | (20,289) | (22,986) | (26,757) | (32,612) | — | — |
| Gross profit | 5,447 | 7,920 | 12,442 | 16,711 | 14,261 | — | — |
| Selling and marketing expenses | (5,218) | (5,097) | (7,504) | (8,237) | (13,224) | — | — |
| Research and development expenses | (2,139) | (2,660) | (2,714) | (2,711) | (3,340) | — | — |
| General and administrative expenses | (1,105) | (1,253) | (1,200) | (1,381) | (1,531) | — | — |
| Operating profit/(loss) | (2,966) | (746) | 1,717 | 4,744 | (3,217) | — | — |
| Profit/(loss) before income tax | (3,022) | (866) | 1,795 | 4,891 | (3,191) | — | — |
| Income tax (expenses)/credits | 4 | 9 | (21) | (280) | 191 | — | — |
| Profit/(loss) for the year | (3,019) | (857) | 1,774 | 4,611 | (3,000) | — | — |
| Profit/(loss) attributable to equity holders of the Company | (3,019) | (857) | 1,774 | 4,611 | (3,000) | — | — |
| Basic earnings/(loss) per share (RMB) | (0.50) | (0.14) | 0.29 | 0.75 | (0.49) | — | — |
| Diluted earnings/(loss) per share (RMB) | (0.50) | (0.14) | 0.27 | 0.73 | (0.50) | (0.07) | 0.52 |
Source: Consolidated Income Statement [1] [2] [3] [4]. Click any linked figure to open the filing page with the row highlighted.
Columns marked E are consensus analyst estimates shown alongside reported results for direct comparison; they are not company guidance.
Estimate source: Yahoo Finance analyst consensus, as of 2026-07-09. Forecasts carry no filing page links.
Balance Sheet
| Balance Sheet | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Cash and cash equivalents | 4,170 | 2,585 | 4,268 | 9,121 | 13,717 |
| Short-term treasury investments | 10,809 | 11,783 | 14,315 | 12,542 | 7,716 |
| Trade receivables | 230 | 263 | 351 | 342 | 427 |
| Total current assets | 18,959 | 18,358 | 23,443 | 27,005 | 28,913 |
| Property, plant and equipment | 2,926 | 2,847 | 3,326 | 3,894 | 4,972 |
| Intangible assets | 3,982 | 3,930 | 3,892 | 3,892 | 3,882 |
| Total assets | 30,864 | 31,355 | 37,514 | 41,764 | 44,568 |
| Trade payables | 1,945 | 2,229 | 2,942 | 3,244 | 4,441 |
| Borrowings (non-current) | 1,567 | 199 | 78 | 151 | 2,414 |
| Notes payable (non-current) | 3,897 | 4,310 | 4,431 | 4,894 | 6,053 |
| Total current liabilities | 8,797 | 9,802 | 12,914 | 13,898 | 15,871 |
| Total liabilities | 14,761 | 14,848 | 18,060 | 19,539 | 25,170 |
| Equity attributable to equity holders of the Company | 16,110 | 16,514 | 19,461 | 22,232 | 19,405 |
Source: Consolidated Statement of Financial Position [9] [10] [11] [12]. Click any linked figure to open the filing page with the row highlighted.
Cash Flow
| Cash Flow | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Net cash flows from operating activities | (514) | 1,464 | 5,188 | 7,358 | (1,775) |
| Purchases and prepayments of property, plant and equipment and intangible assets | (1,156) | (735) | (881) | (1,416) | (1,705) |
| Net cash flows from investing activities | (7,502) | (1,887) | (3,157) | 1,314 | 3,825 |
| Repurchase and cancellation of ordinary shares | — | — | — | (3,359) | (47) |
| Net cash flows from financing activities | 10,080 | (1,281) | (356) | (3,916) | 2,729 |
| Net increase/(decrease) in cash and cash equivalents | 2,064 | (1,705) | 1,674 | 4,756 | 4,779 |
| Cash and cash equivalents at the end of the year | 4,170 | 2,585 | 4,268 | 9,121 | 13,717 |
| Free cash flow, derived | (1,670) | 728 | 4,307 | 5,942 | (3,480) |
Source: Consolidated Statement of Cash Flows [13] [14] [15] [16]. Click any linked figure to open the filing page with the row highlighted.
Revenue by Type
| Revenue by Type | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Delivery services | 7,323 | 8,986 | 10,522 | 12,627 | 12,342 |
| Commission | 6,367 | 7,247 | 9,818 | 12,276 | 13,551 |
| Online marketing services | 3,730 | 3,946 | 5,187 | 6,340 | 6,670 |
| Other services and sales (including interest revenue) | 5,553 | 8,030 | 9,903 | 12,225 | 14,310 |
| Total revenues | 22,973 | 28,209 | 35,429 | 43,468 | 46,873 |
Source: Note 5 Segment Reporting — revenue disaggregation by service/product type [5] [6] [7] [8]. Click any linked figure to open the filing page with the row highlighted.
Long-Term Record
| Fiscal year | Total revenue | Operating profit/(loss) | Profit/(loss) attributable to equity holders | Diluted EPS | Operating cash flow | Capital expenditure |
|---|---|---|---|---|---|---|
| FY2020 | 14,722 | 555 | 604 | 0.10 | 1,087 | (2,029) |
| FY2021 | 22,973 | (2,966) | (3,019) | (0.50) | (514) | (1,156) |
| FY2022 | 28,209 | (746) | (857) | (0.14) | 1,464 | (735) |
| FY2023 | 35,429 | 1,717 | 1,774 | 0.27 | 5,188 | (881) |
| FY2024 | 43,468 | 4,744 | 4,611 | 0.73 | 7,358 | (1,416) |
| FY2025 | 46,873 | (3,217) | (3,000) | (0.50) | (1,775) | (1,705) |
Source: consolidated statements across filings; older years from the standardized feed [14] [1] [16] [2]. Click any linked figure to open the filing page with the row highlighted.
Traceability
258 of 258 figures on this page (100%) link to the filing page containing the native reported figure from which the USD value was converted — click a linked figure to open that source row. Unlinked figures come from standardized data feeds or pre-filing years.
All figures are as printed in Meituan's audited consolidated financial statements, stated in RMB thousands (RMB'000). Meituan's presentation currency is RMB.
Each of FY2021-FY2025 is cited to that year's own annual report (current-year column). The FY2020 long-term column is the comparative column of the FY2021 annual report.
Revenue-by-segment and revenue-by-type reflect Meituan's two reportable segments (Core local commerce; New initiatives). FY2021 is shown on the restated two-segment basis presented in the FY2022 annual report; the FY2021 annual report itself used a different (three-segment) structure, so FY2021 segment figures are cited to the FY2022 report.
The numeric data feed (data/financials/*.json) mislabels the reporting currency as 'HKD' and its USD conversions apply an HKD- USD rate to RMB figures; those USD fields are therefore not meaningful. The underlying RMB magnitudes in the feed match the filings and were used only as a cross-check.
Debt is shown via the two non-current interest-bearing lines (Borrowings; Notes payable); Meituan also carries current portions of borrowings and notes payable disclosed on the same statement.
4 figure(s) differed between the data feed and the filing; the filing value is shown (see the run's financials/financials_tab.json for the audit trail).