美團－Ｗ：2025年中期報告.pdf

1、?2?4?8?11?30?55?56?57?58?60?64?66?120?1282?|2025?2025?5?26?22?PO Box 309,Ugland HouseGrand Cayman,KY1-1104Cayman Islands?4?B?C?100102?33?19?1912?3?A?1?C1?9?100738?18?26?181?27?183?17?1712-1716?Maples Fund Services(Cayman)LimitedPO Box 1093,Boundary HallCricket SquareGrand Cayman,KY1-1102Cayman Islan

2、ds?168?1?3690?83690?-W?MEITUAN-W?-WR?MEITUAN-WR?www.hkexnews.hk?4?|2025?2025?6?30?2024?6?30?91,840,480100.0%82,251,077100.0%11.7%?226,3500.2%11,256,88913.7%(98.0%)?365,2960.4%11,352,33813.8%(96.8%)?1?EBITDA2,781,9613.0%14,997,26818.2%(81.5%)?1,493,0351.6%13,606,25616.5%(89.0%)?2025?6?30?2024?6?30?17

3、8,397,606100.0%155,526,961100.0%14.7%?10,792,4606.0%16,466,28110.6%(34.5%)?10,422,1765.8%16,721,31710.8%(37.7%)?EBITDA15,083,6478.5%23,067,61114.8%(34.6%)?12,441,5397.0%21,094,65013.6%(41.0%)1?5?2025?6?30?2?23,655,55523,655,555?24,950,9781,520,53726,471,515?13,547,279102,47813,649,757?3,193,47124,87

4、0,18228,063,653?65,347,28326,493,19791,840,480?(61,626,153)(28,374,515)(1,613,462)(91,614,130)?3,721,130(1,881,318)(1,613,462)226,350?2024?6?30?23,021,27223,021,272?22,108,369716,90922,825,278?12,262,73397,11512,359,848?3,289,48420,755,19524,044,679?60,681,85821,569,21982,251,077?(45,448,273)(22,883

5、,578)(2,662,337)(70,994,188)?15,233,585(1,314,359)(2,662,337)11,256,8892?(i)?(ii)?(iii)?(iv)?(v)?6?|2025?%?2.8?2.8?12.9112.1?16.0?10.55.5?10.4?(2.9)19.8?16.7?7.722.8?11.7?35.624.0(39.4)29.0?(75.6)43.1(39.4)(98.0)?2025?6?30?49,378,23849,378,238?49,002,3982,676,12151,678,519?25,409,752187,02625,596,77

6、8?5,881,60945,862,46251,744,071?129,671,99748,725,609178,397,606?(112,459,387)(52,880,194)(2,265,565)(167,605,146)?17,212,610(4,154,585)(2,265,565)10,792,4607?2024?6?30?44,086,32944,086,329?42,142,4081,340,14343,482,551?22,570,149180,59722,750,746?6,508,67938,698,65645,207,335?115,307,56540,219,3961