ENTITY
China MeiDong Auto

China MeiDong Auto (1268 HK)

114
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
201 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
316 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
201 Views
Share
30 May 2023 01:15Broker

China Auto Sector – Mixed picture ahead as inventory risk lingers

China’s passenger-vehicle (PV) retail sales volume fell 1% YoY in first four months of 2023, 2% higher than our forecast made in Dec 2022.

Logo
240 Views
Share
06 Jun 2024 19:46Broker

Auto - Foreign Brands’ Pricing System Has Faltered

The industrywide average discounts widened by 0.6ppt MoM in May based on our calculations, the largest MoM increase YTD, mainly driven by German...

Logo
219 Views
Share
x