Meituan

3690.HK

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue

43,887

Cost of Revenue

27,015

Gross Profit

16,872

Gross Margin

38.4%

Operating Income

4,790

Operating Margin

10.9%

Net Income

4,655

Net Margin

10.6%

EPS (Basic)

$1.00

EPS (Diluted)

$1.00

EBITDA

5,396

EBITDA Margin

12.3%

2023

12/31/2023

Revenue

35,977

Cost of Revenue

23,342

Gross Profit

12,635

Gross Margin

35.1%

Operating Income

1,744

Operating Margin

4.8%

Net Income

1,801

Net Margin

5.0%

EPS (Basic)

$0.00

EPS (Diluted)

$0.00

EBITDA

3,048

EBITDA Margin

8.5%

2022

12/31/2022

Revenue

28,594

Cost of Revenue

20,566

Gross Profit

8,028

Gross Margin

28.1%

Operating Income

-757

Operating Margin

-2.6%

Net Income

-869

Net Margin

-3.0%

EPS (Basic)

$0.00

EPS (Diluted)

$0.00

EBITDA

EBITDA Margin

0.2%

2021

12/31/2021

Revenue

23,287

Cost of Revenue

17,765

Gross Profit

5,522

Gross Margin

23.7%

Operating Income

-3,007

Operating Margin

-12.9%

Net Income

-3,060

Net Margin

-13.1%

EPS (Basic)

$-1.00

EPS (Diluted)

$-1.00

EBITDA

-1,763

EBITDA Margin

-7.6%

2020

12/31/2020

Revenue

14,923

Cost of Revenue

10,497

Gross Profit

4,427

Gross Margin

29.7%

Operating Income

563

Operating Margin

3.8%

Net Income

612

Net Margin

4.1%

EPS (Basic)

$0.00

EPS (Diluted)

$0.00

EBITDA

180

EBITDA Margin

1.2%

Income Statement (Annual)

Financial performance (amounts in millions)

Item	2024	2023	2022	2021	2020
Revenue	43,887	35,977	28,594	23,287	14,923
Cost of Revenue	27,015	23,342	20,566	17,765	10,497
Gross Profit	16,872	12,635	8,028	5,522	4,427
Gross Margin	38.4%	35.1%	28.1%	23.7%	29.7%
Operating Income	4,790	1,744	-757	-3,007	563
Operating Margin	10.9%	4.8%	-2.6%	-12.9%	3.8%
Net Income	4,655	1,801	-869	-3,060	612
Net Margin	10.6%	5.0%	-3.0%	-13.1%	4.1%
EPS (Basic)	$1.00	$0.00	$0.00	$-1.00	$0.00
EPS (Diluted)	$1.00	$0.00	$0.00	$-1.00	$0.00
EBITDA	5,396	3,048	44	-1,763	180
EBITDA Margin	12.3%	8.5%	0.2%	-7.6%	1.2%