Professional
Added to YB: 2025-08-04
Pitch date: 2025-06-30
3690.HK [bullish]
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 Greater China New Position: Meituan
3690.HK (new position): Meituan leads China's food delivery with network advantages (most merchants/customers/drivers) and superior tech infrastructure enabling faster deliveries. JD.com's entry with heavy subsidies threatens margins short-term, but Meituan's entrenched position limits competitive risk. At current valuation, risk-reward now favorable despite margin pressure.
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