Bearish Block Trade of 200K MEITUAN-W Shares at HK$132.3, Turnover of HK$26.46M Recorded.
May 14, 2023
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A bearish sentiment was indicated today at 03:51p.m, when a block trade of 200,000 shares of MEITUAN ($SEHK:03690)-W was recorded at a price of HK$132.3, with a total turnover of HK$26.46M. MEITUAN is an e-commerce platform and internet technology company that operates an online marketplace for restaurant and lifestyle services in China. It also operates a mobile payment platform that allows customers to pay for services online or via their mobile phones.
Share Price
MEITUAN stock opened at HK$130.8 and closed at HK$131.8, representing a 2.6% increase from prior closing price of HK$128.5. This bearish block trade indicates that investors are taking a more cautious approach towards MEITUAN shares, though the stock has been performing well in recent weeks. Nevertheless, this negative trade could be seen as a sign that investors are not expecting further upside in the short term. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Meituan. More…
| Total Revenues | Net Income | Net Margin |
| 219.95k | -6.69k | -3.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Meituan. More…
| Operations | Investing | Financing |
| 11.41k | -14.71k | -9.99k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Meituan. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 243.03k | 119.46k | 19.99 |
Key Ratios Snapshot
Some of the financial key ratios for Meituan are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 31.1% | – | -2.4% |
| FCF Margin | ROE | ROA |
| 2.6% | -2.6% | -1.3% |
Analysis
As part of our mission to provide comprehensive monitoring services for public traded companies, GoodWhale has produced a comprehensive analysis of MEITUAN‘s fundamentals. Based on our Risk Rating, MEITUAN is rated as a medium risk investment, taking into account its financial and business aspects. We have also identified two risk warnings in the income statement and cashflow statement. To access this detailed information, you must become a registered user on our platform. More…
Peers
The Meituan company competes with other companies in the food business including My Food Bag Group Ltd, Meiwu Technology Co Ltd, Zomato Ltd. Each company offers different services with slightly different target audiences. Meituan provides a food delivery service with a focus on Chinese cuisine. My Food Bag Group Ltd delivers ready-to-eat meals, Meiwu Technology Co Ltd provides a platform for restaurants to deliver food, and Zomato Ltd is an Indian food ordering and delivery service.
– My Food Bag Group Ltd ($NZSE:MFB)
Food Bag Group Ltd is a food delivery company that operates in New Zealand and Australia. The company was founded in 2013 and is headquartered in Auckland, New Zealand. The company delivers meals that are ready to cook, with all the ingredients and recipes included.
– Meiwu Technology Co Ltd ($NASDAQ:WNW)
Meiwu Technology Co Ltd is a Chinese company that specializes in the development and manufacture of LED products. As of 2022, the company had a market capitalization of 42.86 million and a return on equity of -4.11%. The company’s products are used in a variety of applications, including lighting, signage, and display.
– Zomato Ltd ($BSE:543320)
Zomato Ltd is a food and beverage company based in India. As of 2022, it has a market capitalization of 574.25 billion and a return on equity of -2.94%. The company operates in two segments: online and offline. Its online segment includes food ordering and delivery, and restaurant discovery and table booking. Its offline segment includes events and merchant solutions. Zomato Ltd also owns and operates several restaurants in India.
Summary
Investors have recently made a bearish block trade of 200K shares of MEITUAN-W at a price of HK$132.3, worth HK$26.46M. This suggests there is a strong sentiment towards selling the stock, indicating that investors are expecting MEITUAN’s performance to decline in the near future. Analysts should take note of this trade, and examine why traders are so bearish on MEITUAN.
Factors to consider include things like recent company developments, macroeconomic changes, and market sentiment. Investors should also consider the impact of short-term news events on the stock’s performance, and conduct further research before deciding whether to invest in MEITUAN.
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