ENTITY
China MeiDong Auto

China MeiDong Auto (1268 HK)

110
Analysis
Consumer DiscretionaryChina
China Meidong Auto Holdings Limited is an automobile dealership and maintenance group in China.
more
Refresh
31 Jan 2024 19:31Broker

China Meidong Auto (1268 HK) – The Terrible 2023 Is Behind Us

We estimate that Meidong’s net profit excluding impairment and withholding tax impact in 2H23E could be a similar level to that in 1H23

Logo
191 Views
Share
03 Sep 2022 12:44

Meidong: Insights from Call with the Management for H1 2022

China MeiDong Auto presents an excellent investment opportunity, trading at 13.3x/8.1x FY22/23e, post street estimate revisions downwards with a...

Logo
478 Views
Share
04 Sep 2023 23:43Broker

China Meidong Auto (1268 HK) – The Worst Is Over

Porsche’s new-car gross margin appears to recover the fastest among traditional luxury brands and Meidong could benefit the most among its peers.

Logo
311 Views
Share
19 Jul 2023 08:24Broker

China Meidong Auto (1268 HK) – 1H23E NP to Fall 23% YoY; Mixed Picture Ahead

Maintain HOLD. We project Meidong’s 1H23E net profit to fall 23% YoY to RMB 266mn, consistent with our prior estimates of RMB 250-300mn made in Apr...

Logo
197 Views
Share
03 Apr 2023 07:20Broker

China Meidong Auto (1268 HK) – Lingering industry headwinds amid high valuation

We think the weak earnings in 2H22 could extend into 1H23E. Key metrics in 2H22 trailing peers. Porsche’s new-car GPM at Meidong narrowed to a...

Logo
277 Views
Share
x