Professional
Added to YB: 2025-07-11
Pitch date: 2025-06-30
3690.HK [neutral]
Meituan
-19.5%
current return
Author Info
No bio for this author
Company Info
Meituan operates as a technology driven retail company in the People’s Republic of China, Hong Kong, Macao, Taiwan, and internationally.
Market Cap
HKD 546.6B
Pitch Price
HKD 127.20
Price Target
N/A
Dividend
N/A
EV/EBITDA
12.08
P/E
19.05
EV/Sales
1.18
Sector
Hotels, Restaurants and Leisure
Category
growth
Guinness Global Investors - Guinness Greater China Portfolio Holding: Meituan
3690.HK (holding update): Leading Chinese food delivery platform with network effects from largest merchant/customer/driver base. Competitive advantages include tech infrastructure for faster delivery times. JD.com's aggressive entry with subsidies pressuring margins short-term, but Meituan's entrenched position should withstand competition. Risk-reward favorable at current valuation.
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