Meituan swung to a second-quarter operating profit of CNY 2.7 billion, well ahead of the CNY 1.3 billion loss S&P consensus expected and a sharp turnaround from the CNY 6.5 billion loss in the first quarter. This was mainly driven by the improvement in core local commerce.
Community group purchases could achieve profitability in the near term, boosting Meituan’s valuation.
Due to saturation in user and order frequency, growth in Meituan’s food delivery segment could decelerate earlier than anticipated.
|
Metric
|
03690
|
TCOM
|
BABA
|
|---|---|---|---|
Price/Earnings (Normalized) | 11.73 | 10.24 | 25.80 |
Price/Book Value | 2.27 | 1.04 | 1.67 |
Price/Sales | 1.02 | 2.77 | 1.73 |
Price/Cash Flow | — | 9.68 | 23.09 |
|
Metric
|
03690
|
TCOM
|
BABA
|
|---|---|---|---|
Quick Ratio | 1.63 | 1.05 | 1.28 |
Current Ratio | 1.91 | 1.33 | 1.36 |
Interest Coverage | −15.64 | 54.03 | 3.31 |
|
Metric
|
03690
|
TCOM
|
BABA
|
|---|---|---|---|
Return on Assets (Normalized) | −9.47% | 11.94% | 2.62% |
Return on Equity (Normalized) | −19.94% | 19.30% | 4.78% |
Return on Invested Capital (Normalized) | −13.42% | 15.17% | 0.25% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Amazon.com Inc
AMZN
| LOCK|Nmc#xT%n | LOCK|$d^ | $3T | |||
| Alibaba Group Holding Ltd ADR
BABA
| LOCK|@&xsV$ | LOCK|K< | $265B | |||
| PDD Holdings Inc ADR
PDD
| LOCK|KG^z^n> | LOCK|y>pj# | $107B | |||
| MercadoLibre Inc
MELI
| LOCK|nSfD$?bV | LOCK|>X | $86B | |||
| DoorDash Inc Ordinary Shares - Class A
DASH
| LOCK|>$<>@d! | LOCK|KCVX< | $82B | |||
| Sea Ltd ADR
SE
| LOCK|pk?fkh& | LOCK|!C%>< | $58B | |||
| eBay Inc
EBAY
| LOCK|?c$M><% | LOCK|<xy^ | $47B | |||
| JD.com Inc ADR
JD
| LOCK|c>v#CL& | LOCK|$zSl@ | $36B | |||
| Coupang Inc Ordinary Shares - Class A
CPNG
| LOCK|tY$sFkXR | LOCK|?M!NJ | $25B | |||
| Wayfair Inc Class A
W
| LOCK|rr&c?B | LOCK|@v< | $14B |
United States