Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Meituan's share price for the quarter that ended in Dec. 2023 was HK$81.9. Meituan's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 6,244 Mil. Therefore, Meituan's market cap for the quarter that ended in Dec. 2023 was HK$511,415 Mil.
Meituan's quarterly market cap
declined
from Jun. 2023 (HK$763,412 Mil) to Sep. 2023 (HK$715,431 Mil) and
declined
from Sep. 2023 (HK$715,431 Mil) to Dec. 2023 (HK$511,415 Mil).
Meituan's annual market cap
declined
from Dec. 2021 (HK$1,326,626 Mil) to Dec. 2022 (HK$1,081,912 Mil) and
declined
from Dec. 2022 (HK$1,081,912 Mil) to Dec. 2023 (HK$511,415 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Meituan's Enterprise Value for Today is HK$558,506 Mil.
Meituan Market Cap Historical Data
The historical data trend for Meituan's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Internet Retail subindustry, Meituan's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Meituan's Market Cap Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Meituan's Market Cap distribution charts can be found below:
* The bar in red indicates where Meituan's Market Cap falls into.
Meituan Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Meituan's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Meituan (HKSE:03690) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Meituan Market Cap Related Terms
Thank you for viewing the detailed overview of Meituan's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Meituan is the largest food delivery service in China, with a 70.7% share of the market in 2020 per the Chinese government. For the quarter-ended Sept. 30, 2021, the firm generated 54.2% of revenue from food delivery services, 17.7% from hotel booking, coupon sales, advertising, and 28.1% from new initiatives. In the long term, its new initiatives business may transform the company into an all-encompassing grocer and logistics business involving community group buying, nonfood delivery, and online grocery, overtaking food delivery as its main business.
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