美团-W(03690)山穷水复疑无路，或在灯火阑珊处

中金公司2021-05-19

公司近况美团股价自4月底至5月14日调整1，我们梳理公司近期基本面变化，点评如下：评论从成本角度看，美团核心业务外卖的盈利能力提升主要有两条路径：(1)补贴率下降；(2)占外卖收入74%的配送成本下降。在社会对骑手板益的关注及监管强化、对手趁势直追的背景下，看似两条路径都遭到了阶段性障碍。(1)监管趋严与短期竞争：虽然頰期竞争对手的加大投入可能会扰动盈利情况或市场份额，但我们认为行业竟争环境的恶化...

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kaa2
2021-05-24
kaa2
3690 美團-W 用技術指標分析：以江恩圖及黃金分割計算，江恩上升線於5月7日跌穿8/1位置，而江恩下跌線亦於5月7日跌穿黃金分割0.236位置。估計美團支持位於240.0（即2021年5月11日之低位），而上方阻力位於282.0 、316.0（即黄金分割0.236 及0.382位置）。
- yfc838:
  己閲
- Hll11:
  [财迷]
- kaa2:
  3690 今天升

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