Technology Services

Meitu, Inc.

Business Summary

Meitu, Inc. is an investment holding company, which engages in provision of Internet services, and developing, manufacturing and sales of smart hardware and others in the People's Republic of China, Hong Kong and other countries and regions. It products include BeautyCam, Meipai, SELFIECITY, AirBrush, BeautyPlus and MakeupPlus. The company was founded by Xin Hong Wu in October 2008 and is headquartered in Xiamen, China.

Financial Highlights

Dec 2022	HKD	USD
Revenue	2,424.98M	309.68M
Gross Profit	1,358.70M	173.51M
Operating income	-0.20M	-0.02M
Income before tax	219.07M	27.97M
Net income	109.47M	13.98M
EBITDA	72.79M	9.29M
Diluted EPS	0.02	0.00
Dividends Per Share	0.02	0.00
Total Assets	5,618.58M	719.87M
Total liabilities	1,453.76M	186.26M
Total equity	4,232.30M	542.25M
Operating cash flow	271.86M	34.71M
	Currency in HKD	Currency in USD

Historical Data

HKD | USD

	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022
Revenue	1,122.47M	1,108.81M	1,341.71M	2,007.91M	2,424.98M
Gross Profit	524.75M	744.32M	849.13M	1,325.26M	1,358.70M
Operating income	-1,280.43M	-427.72M	-107.31M	-8.91M	-0.20M
Income before tax	-606.41M	-378.55M	-45.69M	-11.20M	219.07M
Net income	-645.14M	-380.72M	-46.03M	-53.64M	109.47M
EBITDA	-1,191.69M	-284.81M	-0.20M	82.60M	72.79M
Diluted EPS	-0.35	-0.10	-0.01	-0.01	0.02
Dividends Per Share	0	0	0	0	0.02
Total Assets	5,803.24M	5,163.11M	5,343.87M	5,807.22M	5,618.58M
Total liabilities	1,287.51M	984.93M	1,113.70M	1,506.46M	1,453.76M
Total equity	4,379.76M	4,069.29M	4,213.68M	4,301.44M	4,232.30M
Operating cash flow	-2,241.89M	93.21M	155.68M	-11.41M	271.86M

	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022
Revenue	143.21M	141.51M	172.99M	258.32M	309.68M
Gross Profit	66.95M	94.99M	109.48M	170.49M	173.51M
Operating income	-163.37M	-54.59M	-13.83M	-1.14M	-0.02M
Income before tax	-77.37M	-48.31M	-5.89M	-1.44M	27.97M
Net income	-82.31M	-48.59M	-5.93M	-6.90M	13.98M
EBITDA	-152.04M	-36.35M	-0.02M	10.62M	9.29M
Diluted EPS	-0.04	-0.01	-0.00	-0.00	0.00
Dividends Per Share	0	0	0	0	0.00
Total Assets	741.21M	662.63M	689.18M	744.86M	719.87M
Total liabilities	164.44M	126.40M	143.63M	193.22M	186.26M
Total equity	559.40M	522.25M	543.43M	551.72M	542.25M
Operating cash flow	-286.04M	11.89M	20.07M	-1.46M	34.71M

Valuation Measures

Dec 2022
PER	54.79
ROA	1.91%
ROE	2.56%
Operating margin	-0.00%
Profit margin	4.51%

Key executives

Chief Executive Officer & Executive Director: Xin Hong Wu
Chief Operating Officer: Xiujuan Wang
Chief Financial Officer & Secretary: King Leung Ngan
Senior Vice President of Technology: Yongli Ruan
Chief Human Resources Officer: Shi Na

Shareholders

CAI WEN SHENG (25.3%)
WU XIN HONG (12.9%)
Kingkey Enterprise Holdings Ltd. (9.7%)
CHEN JIA RONG /KINGKEY/ (1.8%)
The Vanguard Group, Inc. (1.3%)
BlackRock Fund Advisors (1.1%)
Dimensional Fund Advisors LP (0.6%)
SSgA Funds Management, Inc. (0.3%)
Sinovation Ventures Co. Ltd. (0.2%)
BlackRock Advisors (UK) Ltd. (0.1%)

Contact Details

Website:http://www.meitu.com
Address: Meitu Tower, Building 2, Meifeng Innovation Valley, No. 2557, Xiamen, 361000, China

Related Companies

Dajie Net Investment Holdings Ltd.
MEIDD Technology (Shenzhen) Co., Ltd.
Meitu Investment Ltd.

Competitors

Perfect Corp. Class A

Last Updated on 29 May, 2023