MPNGF (Meituan) Debt-to-Asset : 0.25 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MPNGF Meituan MPNGF
78 GF Score
Price $9.75
GF Value $19.19
Valuation Possible Value Trap
! 3 Warning Signs
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What is Meituan Debt-to-Asset?

Meituan MPNGF -6.25% 78 Debt-to-Asset is 0.25 as of Jun. 2026. GuruFocus rates MPNGF with a GF Score™ of 78/100 and a GF Value™ of $19.19 (Possible Value Trap). The stock has 3 warning signs investors should review.

Meituan's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $1,504 Mil. Meituan's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $12,637 Mil. Meituan's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2026 was $56,773 Mil. Meituan's debt to asset for the quarter that ended in Jun. 2026 was 0.25.

Meituan  (OTCPK:MPNGF) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Meituan Debt-to-Asset Related Terms

Meituan Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Meituan's Debt-to-Asset 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.

Meituan Debt-to-Asset Chart

Meituan Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.24 0.21 0.19 0.25

Meituan Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.15 0.16 0.25 0.31 0.25

MPNGF vs AMZN, BABA, PDD: Debt-to-Asset Comparison

For the Internet Retail subindustry, Meituan's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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 Debt-to-Asset vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Meituan's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Meituan's Debt-to-Asset falls into.


MPNGF
78GF Score
Meituan MPNGF
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Meituan Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Meituan's Debt-to-Asset for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(2430.268 + 9867.992) / 49254.64
=0.25

Meituan's Debt-to-Asset for the quarter that ended in Jun. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(1503.764 + 12637.341) / 56772.881
=0.25

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.25 mean?
Meituan (MPNGF) has a Debt-to-Asset of 0.25 as of Jun. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Meituan and its competitors.
Is Meituan's Debt-to-Asset too high?
Meituan's current Debt-to-Asset is 0.25. Overall, Meituan has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Meituan's Debt-to-Asset compare to AMZN and BABA?
Meituan's Debt-to-Asset of 0.25 can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Retail - Cyclical company?
A good Debt-to-Asset depends on the Retail - Cyclical industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Meituan and its competitors. Meituan's current Debt-to-Asset is 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meituan stock overvalued right now?
Based on GuruFocus' analysis, Meituan (MPNGF) is currently considered Possible Value Trap. The stock's GF Value™ is $19.19, compared to a current price of $9.75 — trading 49.2% below its estimated fair value. The current Debt-to-Asset is 0.25. Meituan's overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Meituan (MPNGF), the current Debt-to-Asset is 0.25 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Meituan (MPNGF) Overvalued in 2026?

Based on GuruFocus' analysis, Meituan stock appears to be undervalued. The current stock price of $9.75 is trading 49.2% below its estimated GF Value™ of $19.19. GuruFocus considers Meituan to be Possible Value Trap.

Key valuation signals for MPNGF:

  • Debt-to-Asset: 0.25
  • GF Value™: $19.19 vs. price of $9.75 (49.2% below fair value)
  • GF Score™: 78/100 with 3 warning signs

No single metric tells the full story. See the MPNGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Meituan Business Description

Address No. 4 Wang Jing East Road, Block B and C, Hengjiweiye Building, Chaoyang District, Beijing, CHN, 100102
Despite intense competition, Meituan remains the largest food delivery platform in China as of April 2026, according to our estimates. In 2025, the firm generated 72% of its revenue from the core local commerce segment, which includes on-demand food delivery and retail, in-store services (such as visiting beauty and entertainment stores after purchasing deals on Meituan), and hotel and travel booking. The remaining revenue came from the new initiatives segment, such as the community group purchase business Meituan Select and the overseas food delivery business.
78GF Score

Get the complete analysis for MPNGF

Debt-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$9.75
Price
$19.19
GF Value