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SnowTiger
SnowTiger
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2023-05-25
[看涨]
Consumption Recovery! Meituan revenue increased by 26.7% in the first quarter, with net profit of 3.36 billion yuan
核心本地商业收入同比增长25.5%至人民币429亿元。
Consumption Recovery! Meituan revenue increased by 26.7% in the first quarter, with net profit of 3.36 billion yuan
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SnowTiger
SnowTiger
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2019-10-11
$阿里巴巴(BABA)$
Twitter @realDonaldTrump Good things are happening at China Trade Talk Meeting.
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","listText":"[看涨] ","text":"[看涨]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/655055697","repostId":"1158114058","repostType":2,"repost":{"id":"1158114058","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据,旨在帮助投资者理解世界,做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1685003524,"share":"https://ttm.financial/m/news/1158114058?lang=en_US&edition=fundamental","pubTime":"2023-05-25 16:32","market":"hk","language":"zh","title":"Consumption Recovery! Meituan revenue increased by 26.7% in the first quarter, with net profit of 3.36 billion yuan","url":"https://stock-news.laohu8.com/highlight/detail?id=1158114058","media":"老虎资讯综合","summary":"核心本地商业收入同比增长25.5%至人民币429亿元。","content":"<p><html><head></head><body>On May 25, Meituan released its first quarter 2023 earnings report.</p><p><ul><li>Revenue in the first quarter was 58.62 billion yuan, up 26.7% year-on-year, and it is estimated to be 57.48 billion yuan.</p><p></li><li><p style=\"text-align: start;\">Net profit in the first quarter was 3.36 billion yuan, with an estimated loss of 210.4 million yuan.</p><p></li><li><p style=\"text-align: start;\">Adjusted net profit in the first quarter was 5.49 billion yuan, compared with an estimated 1.95 billion yuan.</p><p></li><li><p style=\"text-align: start;\">Operating profit for the first quarter was 3.59 billion yuan, compared with an estimated 232.6 million yuan.</p><p></li></ul></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a1b7d6736803a07b6f151c216cc9cb0f\" title=\"\" tg-width=\"901\" tg-height=\"554\"/></p><p><strong>BUSINES DEVELOPMENT</strong></p><p>In the first quarter, core local commercial revenue increased 25.5% year-over-year to RMB42.9 billion, operating profit increased 100.7% year-over-year to RMB9.4 billion, while operating margin increased to 22.0% from 13.8% in the same period in 2022. The number of instant delivery transactions increased by 14.9% year-on-year.</p><p><ul><li>Through high-quality online and offline supply of instant retail, Meituan continues to leverage its advantages in rich application scenarios to fully meet the consumption needs of users. Driven by this, the number of instant delivery orders of Meituan increased by 14.9% year-on-year to 4.267 billion orders, and the frequency of user transactions and the unit price of customers increased year-on-year.</p><p></li><li>With the strong recovery of offline consumption, the transaction volume and revenue growth of in-store business also increased month by month. During the Spring Festival holiday this year, the number of orders for multi-person dine-in packages nationwide increased by 53% year-on-year in 2022, and the scale of nighttime consumption accounted for 49%, up 13 percentage points from the same period last year. In addition, leveraging on the advantages of organizational capabilities, consumer mindset and merchant service, Meituan continued to maintain its annual active merchant growth and reached a record high.</p><p></li></ul>In the first quarter, revenue from the new business segment increased by 30.1% year-on-year to RMB15.7 billion. The operating loss of this segment narrowed by 40.5% year-on-year to RMB5 billion, while the operating loss margin continued to improve to 32.0%.</p><p><strong>Cost Expenditure</strong></p><p>Research and development expenses increased by 3.5% from 4.9 billion yuan in the first quarter of 2022 to 5 billion yuan in the same period of 2023, and as a percentage of revenue decreased by 1.9 percentage points from 10.5% to 8.6% year-on-year.</p><p><p style=\"text-align: start;\">General and administrative expenses decreased from RMB2.3 billion in the first quarter of 2022 to RMB2.0 billion in the same period of 2023, and as a percentage of revenue decreased by 1.6 percentage points year-on-year from 5.0% to 3.4%.</p><p><p style=\"text-align: start;\">Cost of sales increased by 9.2% from 35.5 billion in the first quarter of 2022 to 38.8 billion in the same period of 2023, and as a percentage of revenue decreased by 10.6 percentage points year-over-year from 76.8% to 66.2%.</p><p><p style=\"text-align: start;\">Selling and marketing expenses increased by 14.6% from RMB9.1 billion in the first quarter of 2022 to RMB10.4 billion in the same period of 2023, and as a percentage of revenue decreased by 1.9 percentage points year-on-year from 19.7% to 17.8%.</p><p></body></html></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Consumption Recovery! Meituan revenue increased by 26.7% in the first quarter, with net profit of 3.36 billion yuan</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nConsumption Recovery! Meituan revenue increased by 26.7% in the first quarter, with net profit of 3.36 billion yuan\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2023-05-25 16:32</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>On May 25, Meituan released its first quarter 2023 earnings report.</p><p><ul><li>Revenue in the first quarter was 58.62 billion yuan, up 26.7% year-on-year, and it is estimated to be 57.48 billion yuan.</p><p></li><li><p style=\"text-align: start;\">Net profit in the first quarter was 3.36 billion yuan, with an estimated loss of 210.4 million yuan.</p><p></li><li><p style=\"text-align: start;\">Adjusted net profit in the first quarter was 5.49 billion yuan, compared with an estimated 1.95 billion yuan.</p><p></li><li><p style=\"text-align: start;\">Operating profit for the first quarter was 3.59 billion yuan, compared with an estimated 232.6 million yuan.</p><p></li></ul></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a1b7d6736803a07b6f151c216cc9cb0f\" title=\"\" tg-width=\"901\" tg-height=\"554\"/></p><p><strong>BUSINES DEVELOPMENT</strong></p><p>In the first quarter, core local commercial revenue increased 25.5% year-over-year to RMB42.9 billion, operating profit increased 100.7% year-over-year to RMB9.4 billion, while operating margin increased to 22.0% from 13.8% in the same period in 2022. The number of instant delivery transactions increased by 14.9% year-on-year.</p><p><ul><li>Through high-quality online and offline supply of instant retail, Meituan continues to leverage its advantages in rich application scenarios to fully meet the consumption needs of users. Driven by this, the number of instant delivery orders of Meituan increased by 14.9% year-on-year to 4.267 billion orders, and the frequency of user transactions and the unit price of customers increased year-on-year.</p><p></li><li>With the strong recovery of offline consumption, the transaction volume and revenue growth of in-store business also increased month by month. During the Spring Festival holiday this year, the number of orders for multi-person dine-in packages nationwide increased by 53% year-on-year in 2022, and the scale of nighttime consumption accounted for 49%, up 13 percentage points from the same period last year. In addition, leveraging on the advantages of organizational capabilities, consumer mindset and merchant service, Meituan continued to maintain its annual active merchant growth and reached a record high.</p><p></li></ul>In the first quarter, revenue from the new business segment increased by 30.1% year-on-year to RMB15.7 billion. The operating loss of this segment narrowed by 40.5% year-on-year to RMB5 billion, while the operating loss margin continued to improve to 32.0%.</p><p><strong>Cost Expenditure</strong></p><p>Research and development expenses increased by 3.5% from 4.9 billion yuan in the first quarter of 2022 to 5 billion yuan in the same period of 2023, and as a percentage of revenue decreased by 1.9 percentage points from 10.5% to 8.6% year-on-year.</p><p><p style=\"text-align: start;\">General and administrative expenses decreased from RMB2.3 billion in the first quarter of 2022 to RMB2.0 billion in the same period of 2023, and as a percentage of revenue decreased by 1.6 percentage points year-on-year from 5.0% to 3.4%.</p><p><p style=\"text-align: start;\">Cost of sales increased by 9.2% from 35.5 billion in the first quarter of 2022 to 38.8 billion in the same period of 2023, and as a percentage of revenue decreased by 10.6 percentage points year-over-year from 76.8% to 66.2%.</p><p><p style=\"text-align: start;\">Selling and marketing expenses increased by 14.6% from RMB9.1 billion in the first quarter of 2022 to RMB10.4 billion in the same period of 2023, and as a percentage of revenue decreased by 1.9 percentage points year-on-year from 19.7% to 17.8%.</p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/e1238455e09ac8d1135014cb37eb0f4d","relate_stocks":{"03690":"美团-W"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158114058","content_text":"5月25日,美团发布2023年第一季度财报。一季度营收586.2亿元人民币,同比增长26.7%,预估574.8亿元人民币。一季度净利润33.6亿元人民币,预估亏损2.104亿元人民币。一季度调整后净利润54.9亿元人民币,预估19.5亿元人民币。一季度营业利润35.9亿元人民币,预估2.326亿元人民币。业务发展第一季度,核心本地商业收入同比增长25.5%至人民币429亿元,经营溢利同比增长100.7%至人民币94亿元,而经营利润率较2022年同期的13.8%增长至22.0%。即时配送交易笔数同比增长14.9%。通过即时零售优质的线上线下供给,美团继续发挥丰富应用场景的优势,全方位满足用户消费需求。在此带动下,美团即时配送订单量同比增长14.9%至42.67亿单,用户交易频次和客单价同比实现双增长。线下消费的强势复苏,让到店业务交易额及收入增幅也逐月提升。今年春节假期期间,全国多人堂食套餐订单量同比2022年增长53%,夜间消费规模占比达49%,较去年同期上涨13个百分点。此外,凭借组织能力、消费者心智和商家服务方面的优势,美团到店年度活跃商户继续保持增长,创下历史新高。第一季度,新业务分部收入同比增长30.1%至人民币157亿元。该分部经营亏损同比收窄40.5%至人民币50亿元,而经营亏损率则继续改善至32.0%。成本支出研发开支由2022年第一季度的49亿元增长3.5%至2023年同期的50亿元,占收入百分比由10.5%同比下降1.9个百分点至8.6%。一般及行政开支由2022年第一季度的23亿元减少至2023年同期的20亿元,占收入百分比由5.0%同比下降1.6个百分点至3.4%。销售成本由2022年第一季度的355亿元增长9.2%至2023年同期的388亿元,占收入百分比由76.8%同比减少10.6个百分点至66.2%。销售及营销开支由2022年第一季度的91亿元增长14.6%至2023年同期的104亿元,占收入百分比由19.7%同比下降1.9个百分点至17.8%。","news_type":1,"symbols_score_info":{"03690":0.9}},"isVote":1,"tweetType":1,"viewCount":1603,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":931259713,"gmtCreate":1570803889432,"gmtModify":1705407442808,"author":{"id":"32564204445251","authorId":"32564204445251","name":"SnowTiger","avatar":"https://static.tigerbbs.com/eae1ecebde9bbef105e533d726e9e485","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"32564204445251","idStr":"32564204445251"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BABA\">$阿里巴巴(BABA)$</a>Twitter @realDonaldTrump Good things are happening at China Trade Talk Meeting.","listText":"<a href=\"https://laohu8.com/S/BABA\">$阿里巴巴(BABA)$</a>Twitter @realDonaldTrump Good things are happening at China Trade Talk Meeting.","text":"$阿里巴巴(BABA)$Twitter @realDonaldTrump Good things are happening at China Trade Talk Meeting.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/931259713","isVote":1,"tweetType":1,"viewCount":2326,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}