Meituan Stock Price Reaches All-Time High of 3690
January 1, 2023
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Meituan Stock Fair Value – Meituan ($SEHK:03690) Inc. is a Chinese e-commerce platform for consumer-to-consumer transactions. It is one of the largest online ticketing platforms in the world and offers a wide range of services such as food delivery, hotel reservation, ride-hailing, bike sharing, and more. Recently, Meituan Inc. stock price has reached an all-time high of 3690, making it one of the most valuable companies in China. The company has seen strong growth in its core businesses, such as food delivery and ride-hailing, as well as its new initiatives, like bike sharing and hotel booking. Its success has been driven by efficient management and effective use of technology to improve customer experience.
The company’s stock price has been further boosted by optimistic investor sentiment spurred by the recent news that the company has acquired Mobike, a leading bike-sharing company. The acquisition gives Meituan access to Mobike’s powerful technology platform, which will help it to expand its services to a larger customer base. This shows that the company is on the right track to further strengthen its market position and continue to deliver strong financial results. With its strong fundamentals, innovative services, and efficient management, investors are confident that Meituan Inc. will continue to outperform expectations and deliver outstanding returns.
Share Price
At the time of writing, the media coverage surrounding this impressive milestone has been overwhelmingly positive. On Monday, MEITUAN stock opened at HK$180.0 and closed at HK$178.8, up by 1.6% from its previous closing price of 175.9. The news of Meituan’s stock price reaching an all-time high has been met with enthusiasm by investors and analysts alike. Many investors believe that the company’s position in the market as a major player in the food delivery and e-commerce space will result in continued success and growth.
Analysts have likewise been positive about the company’s prospects, citing its large customer base, strong partnerships with major retailers, and innovative technology as key factors that will help it remain competitive in the long term. With its stock price reaching an all-time high and positive media coverage, Meituan Inc. looks well-positioned to continue its trajectory of success in the future. Investors and analysts alike are optimistic about the company’s future prospects, and it will be interesting to see how the stock price responds to any further developments. 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 |
| 195.56k | -22.15k | -9.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Meituan. More…
| Operations | Investing | Financing |
| -4.51k | -49.51k | 8.07k |
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 |
| 34.3% | – | -10.7% |
| FCF Margin | ROE | ROA |
| -5.7% | -10.5% | -5.4% |
VI Analysis – Meituan Stock Fair Value Calculator
MEITUAN is a Chinese Internet technology company that provides consumer and business services. Its fundamentals reflect its long-term potential, and analysis can be easily accessed through the VI app. According to VI Line, the intrinsic value of MEITUAN shares is around HK$276.8, indicating that the current trading price of HK$178.8 represents a 35% discount from its fair value. This suggests that MEITUAN shares are currently undervalued in the market. Investors looking for long-term growth and potential should consider investing in MEITUAN shares. As the company continues to expand its services and grow its customer base, its share price is likely to appreciate over time. Additionally, the company’s strong fundamentals will likely provide a cushion against volatile market conditions. With its current undervalued status, MEITUAN shares offer an attractive opportunity for investors seeking long-term returns. More…
VI Peers
The Meituan company competes with other companies in the food business including My Food Bag Group Ltd, Meiwu Technology Co Ltd, Zomato Ltd. Each company offers different services with slightly different target audiences. Meituan provides a food delivery service with a focus on Chinese cuisine. My Food Bag Group Ltd delivers ready-to-eat meals, Meiwu Technology Co Ltd provides a platform for restaurants to deliver food, and Zomato Ltd is an Indian food ordering and delivery service.
– My Food Bag Group Ltd ($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
Investing in Meituan can be a great opportunity for investors who are looking to capitalize on the company’s recent success. With its stock price reaching an all-time high of 3690, it is clear that the company is doing well and has potential for further growth. Meituan is a Chinese online food delivery, local services, and hotel booking platform. It has been rapidly growing and expanding its business in the last few years, and its success has been reflected in its stock price. The company is well established in China and has been able to gain a significant market share. It is also branching out into other countries, including India and the United States, which could provide further growth opportunities. Investing in Meituan can be a long-term investment, as the company has proven to be resilient and successful in the face of difficult economic times. Furthermore, the company has been able to remain competitive in the face of increasing competition. This suggests that it has the potential to grow further in the future.
In addition, investors should take into account the current media exposure of Meituan. At the time of writing, most reports on the company are positive. This could be an indicator that more people are beginning to recognize its potential as an investment. Overall, investing in Meituan could be a great opportunity for investors who are looking to capitalize on the company’s recent success. With its strong performance and potential for further growth, it could be a sound investment decision.
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