穷游网 is a travel guide sharing community that provides travel strategies and information for independent travel.

穷游网 (Qyer)

Mafengwo is a Chinese travel website that has evolved into the largest travel community in China, particularly popular among younger generations. It offers travel booking services, e-commerce, and its own travel services.

Gang Lv

Gang Chen

Mafengwo

Airbnb, Inc., together with its subsidiaries, operates a platform that enables hosts to offer stays and experiences to guests worldwide. The company's marketplace model connects hosts and guests online or through mobile devices to book spaces and experiences. It primarily offers private rooms, primary homes, or vacation homes. The company was formerly known as AirBed & Breakfast, Inc. and changed its name to Airbnb, Inc. in November 2010. Airbnb, Inc. was founded in 2007 and is headquartered in San Francisco, California.

Airbnb, Inc.

Meituan is a Chinese web-based shopping platform that offers vouchers for local consumer products and retail services, including entertainment, dining, delivery, travel, and other services. It operates various apps and websites for different services and has a significant presence in the online and on-demand delivery market.

Tao Zhang

Xing Wang

Mu Rongjun

Edward Long

Wang Huiwen

Meituan

QYER.COM | 1,278 followers on LinkedIn. QYER.com is the leading Chinese travel community , planning platform and Lifestyle company ,with HQ in Beijing .

Metric
Company Name	穷游网 (Qyer)	Mafengwo	Airbnb, Inc.	Meituan
Symbol			ABNB
MSH ID	COM:QYER:M	CN:MAFENGWO	COM:AIRBNB	COM:MEITUAN
Market	PRIVATE	PRIVATE	STOCKS	PRIVATE
Sector	Consumer Services	Consumer Services	Consumer Cyclical	Consumer Services
Industry	Travel & Tourism	Travel and Tourism	Travel Services	Internet company
Country	CN		US	CN
Stage	D
Employee Count		501	6.91K	33.40K
Website	m.qyer.com	mafengwo.cn	airbnb.com	meituan.com
LinkedIn	qyer-com			meituan
Founders

Metric
Market Cap		97.83B
Enterprise Value
Monthly Web Traffic	194.31K
Web Traffic Growth	-0.34
Valuation
Raised Capital	60M

Metric
Revenue			9.92B
Revenue (LTM)
Revenue (NTM)
Gross Profit			7.03B
EBITDA			1.56B
Operating Income			1.52B
Net Income			4.79B
EPS			7.52
Diluted EPS			7.24
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin			0.83
Operating Profit Margin			0.17
EBITDA Margin			0.16
Net Profit Margin			0.48
Return on Equity			0.69
Return on Assets			0.23
Return on Capital Employed			0.16

QYER

COM:QYER:M

穷游网 (Qyer)

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio			16.96
P/B Ratio			10.15
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio			10.93
EV Multiple			55.16

Metric
Days Sales Outstanding			235.40
Days Payables Outstanding			35.75
Days Inventory Outstanding
Operating Cycle			365.42
Cash Conversion Cycle			341.15
Asset Turnover			0.48

Metric
Operating Cash Flow			3.88B
Free Cash Flow			3.88B
Cash Flow to Debt			2.19
Operating Cash Flow/Sales			0.42
Free Cash Flow Yield			0.05

Metric
Cash & Equivalents			6.90B
Accounts Receivable
Inventory
Goodwill			752M
Debt to Capitalization			0.22
Debt to Assets			0.11
Current Ratio			1.78
Quick Ratio			1.44

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue			0.11
R&D to Revenue			0.18
SG&A to Revenue			0.12