MEITUAN UNSP.ADR/2B (9MDA) - Net Assets
Based on the latest financial reports, MEITUAN UNSP.ADR/2B (9MDA) has net assets worth €150.99 Billion EUR (≈ $176.52 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€346.91 Billion ≈ $405.57 Billion USD) and total liabilities (€195.92 Billion ≈ $229.05 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. See net asset quality index of MEITUAN UNSP.ADR/2B to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €150.99 Billion |
| % of Total Assets | 43.52% |
| Annual Growth Rate | 4.72% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 11.8 |
MEITUAN UNSP.ADR/2B - Net Assets Trend (2021–2025)
This chart illustrates how MEITUAN UNSP.ADR/2B's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 9MDA stock market capitalisation.
Annual Net Assets for MEITUAN UNSP.ADR/2B (2021–2025)
The table below shows the annual net assets of MEITUAN UNSP.ADR/2B from 2021 to 2025. Also explore net asset growth rate of MEITUAN UNSP.ADR/2B to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €150.99 Billion ≈ $176.52 Billion |
-12.52% |
| 2024-12-31 | €172.60 Billion ≈ $201.79 Billion |
+13.59% |
| 2023-12-31 | €151.96 Billion ≈ $177.65 Billion |
+18.06% |
| 2022-12-31 | €128.71 Billion ≈ $150.47 Billion |
+2.51% |
| 2021-12-31 | €125.56 Billion ≈ $146.79 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to MEITUAN UNSP.ADR/2B's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1952327800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €314.26 Billion | 208.06% |
| Total Equity | €151.05 Billion | 100.00% |
MEITUAN UNSP.ADR/2B Competitors by Market Cap
The table below lists competitors of MEITUAN UNSP.ADR/2B ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
United Microelectronics Corporation
TW:2303
|
$58.41 Billion |
|
Wesfarmers Ltd
AU:WES
|
$58.53 Billion |
|
Vale S.A
F:CVLB
|
$58.58 Billion |
|
National Bank of Canada
TO:NA
|
$58.81 Billion |
|
WuXi AppTec Co Ltd
SHG:603259
|
$58.08 Billion |
|
Great-West Lifeco Inc.
TO:GWO
|
$57.91 Billion |
|
AB Volvo (publ)
ST:VOLV-B
|
$57.90 Billion |
|
LG Energy Solution Ltd
KO:373220
|
$57.88 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MEITUAN UNSP.ADR/2B's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 172,662,960,000 to 151,045,913,000, a change of -21,617,047,000 (-12.5%).
- Net loss of 23,355,015,000 reduced equity.
- Share repurchases of 364,843,000 reduced equity.
- New share issuances of 55,496,000 increased equity.
- Other factors increased equity by 2,047,315,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-23.36 Billion | -15.46% |
| Share Repurchases | €364.84 Million | -0.24% |
| Share Issuances | €55.50 Million | +0.04% |
| Other Changes | €2.05 Billion | +1.36% |
| Total Change | €- | -12.52% |
Book Value vs Market Value Analysis
This analysis compares MEITUAN UNSP.ADR/2B's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.72x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.83x to 0.72x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €21.34 | €17.80 | x |
| 2022-12-31 | €20.79 | €17.80 | x |
| 2023-12-31 | €24.34 | €17.80 | x |
| 2024-12-31 | €28.56 | €17.80 | x |
| 2025-12-31 | €24.73 | €17.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MEITUAN UNSP.ADR/2B utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -15.46%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.40%
- • Asset Turnover: 1.05x
- • Equity Multiplier: 2.30x
- Recent ROE (-15.46%) is below the historical average (-1.91%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -18.74% | -13.14% | 0.74x | 1.92x | €-36.10 Billion |
| 2022 | -5.19% | -3.04% | 0.90x | 1.90x | €-19.56 Billion |
| 2023 | 9.11% | 5.01% | 0.94x | 1.93x | €-1.35 Billion |
| 2024 | 20.74% | 10.61% | 1.04x | 1.88x | €18.54 Billion |
| 2025 | -15.46% | -6.40% | 1.05x | 2.30x | €-38.46 Billion |
Industry Comparison
This section compares MEITUAN UNSP.ADR/2B's net assets metrics with peer companies in the Internet Retail industry.
Industry Context
- Industry: Internet Retail
- Average net assets among peers: $52,347,672,263
- Average return on equity (ROE) among peers: 6.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MEITUAN UNSP.ADR/2B (9MDA) | €150.99 Billion | -18.74% | 1.30x | $58.22 Billion |
| JD.com Inc Adr (013A) | $52.39 Billion | 0.25% | 2.51x | $34.07 Billion |
| JD.com Inc. (013C) | $313.30 Billion | 13.20% | 1.23x | $34.74 Billion |
| Vipshop Holdings Limited (1VPA) | $5.78 Billion | 35.23% | 3.34x | $4.80 Billion |
| PROSUS NV ADR/ 1/1 (1YL) | $44.62 Billion | 22.66% | 0.46x | $94.22 Billion |
| BAOZUN INC. A DL -0001 (2BZ) | $6.48 Billion | -3.39% | 0.90x | $124.51 Million |
| Baozun Inc (2BZA) | $1.23 Billion | 1.83% | 0.53x | $138.38 Million |
| YESASIA HOLDINGS LTD (4CM) | $36.29 Million | -5.69% | 0.93x | $135.32 Million |
| GIGLIO GROUP S.P.A. O.N. (5JR) | $-18.98 Million | 0.00% | 0.00x | $872.65K |
| GIGLIO.COM S.P.A. O.N. (5JR0) | $11.09 Million | -20.71% | 1.13x | $6.29 Million |
| MERCARI INC. UNSP.ADR/1/2 (6TP0) | $99.64 Billion | 26.21% | 4.46x | $3.35 Billion |
About MEITUAN UNSP.ADR/2B
Meituan operates as a technology driven retail company in the People's Republic of China, Hong Kong, Macao, Taiwan, and internationally. It operates through Core Local Commerce and New Initiatives segments. The company offers food delivery services; and helps consumers purchase local consumer services provided by merchants in numerous in-store categories or make reservations for hotels, and attra… Read more