ENTITY
China MeiDong Auto

China MeiDong Auto (1268 HK)

134
Analysis
Consumer DiscretionaryChina
China Meidong Auto Holdings Limited is an automobile dealership and maintenance group in China.
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27 Mar 2025 19:53Broker

Meidong Auto (1268 HK) - High Inventory Turnover Strategy Still Working Now

We are of the view that high inventory turnover could still play an important role when car prices keep going down, which could be overlooked by...

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19 Feb 2025 07:12Broker

Meidong Auto (1268 HK) - Stable Operating Profit with Rising Impairment Risk

Maintain BUY. We project Meidong’s 2H24E core earnings to be largely stable HoH, as profit improvement from BMW and Lexus may be offset by Porsche.

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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...

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23 Jul 2024 07:08Broker

Meidong Auto (1268 HK) - We Expect 1H24 to Be Still Profitable

Maintain BUY. Despite strong headwinds that dealers faced, we still project Meidong’s 1H24 net profit to be positive with subsidies from Porsche...

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21 Aug 2023 17:00

Zhongsheng Group (881 HK):  Could Be A Winner In The Long Run, But No Short-Term Visibility

Meidong profit warning.  Luxury auto dealer's business model in China is facing major uncertainties, with no visibility in the near term.

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