Is Meituan (3690) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 13.1% / 30% | 35.8% / 30% | 0.6% / 30% | 0.38% / 5% | ✗ NOT HALAL |
| DJIM | 13.1% / 33% | 35.8% / 33% | 0.6% / 33% | 0.38% / 5% | ✗ NOT HALAL |
| MSCI | 19.0% / 33% | 51.9% / 33% | 0.8% / 33% | 0.38% / 5% | ✗ NOT HALAL |
| S&P | 13.1% / 33% | 35.8% / 33% | 0.6% / 33% | 0.38% / 5% | ✗ NOT HALAL |
| FTSE | 19.0% / 33% | 51.9% / 33% | 0.8% / 50% | 0.38% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 30.4% | |
| Operating Margin | -19.8% | |
| Net Margin | -6.4% | |
| Return on Equity (ROE) | -14.4% | |
| Return on Assets (ROA) | -5.8% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $57.1B |
| Free Cash Flow | $46.1B |
| Total Debt | $61.5B |
| Debt-to-Equity | 57.4 |
| Current Ratio | 1.8 |
| Total Assets | $324.4B |
Price & Trading
| Last Close | HKD 86.70 |
| 50-Day MA | HKD 85.61 |
| 200-Day MA | HKD 103.34 |
| Avg Volume | 46.9M |
| Beta | 0.3 |
|
52-Week Range
HKD 73.60
| |
About Meituan (3690)
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 attraction and transportation ticketing. It also sells goods from B2B food distribution services and Meituan grocery; and engages in various businesses, such as Meituan Select, bike sharing and e-moped sharing, power banks, and micro-credit services. In addition, the company provides cloud computing services; merchant information technology and advisory services; online marketing services; and operates e-commerce service platform. The company was formerly known as Meituan Dianping and changed its name to Meituan in October 2020. Meituan was founded in 2003 and is headquartered in Beijing, China.
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Frequently Asked Questions
Is Meituan (3690) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Meituan is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Meituan's debt ratio?
Meituan's debt ratio is 13.1% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 19.0%.
What are Meituan's key financial metrics?
Meituan has a market capitalization of $530.4B, and revenue of $337.6B. The company maintains a gross margin of 30.4% and a net margin of -6.4%. Return on equity stands at -14.4%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.