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MarketScreener Homepage  >  Equities  >  Hong Kong Stock Exchange  >  China MeiDong Auto Holdings Limited    1268   KYG211921021

CHINA MEIDONG AUTO HOLDINGS LIMITED

(1268)
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China MeiDong Auto Holdings Limited : The technical configuration is positive

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09/16/2020 | 03:44am EDT
long trade
Live
Entry price : 28.95HKD | Target : 40HKD | Stop-loss : 22.75HKD | Potential : 38.17%
Shares in China MeiDong Auto Holdings Limited show a positive technical chart pattern over the medium term. The timing to jump back on the rising trend seems good.
Investors have an opportunity to buy the stock and target the HKD 40.
China MeiDong Auto Holdings Limited : China MeiDong Auto Holdings Limited : The technical configuration is positive
Summary
  • The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.

Strengths
  • According to sales estimates from analysts polled by Standard & Poor's, the company is among the best with regard to growth.
  • The group usually releases upbeat results with huge surprise rates.
  • Upward revisions of sales forecast reflect a renewed optimism among the analysts covering the stock.
  • Over the last twelve months, the sales forecast has been frequently revised upwards.
  • Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
  • The stock is in a well-established, long-term rising trend above the technical support level at 13.8 HKD

Weaknesses
  • The company benefits from high valuations in earnings multiples.
  • The company is not the most generous with respect to shareholders' compensation.
  • The three month average target prices set by analysts do not offer high potential in comparison with the current prices.
Ratings chart
Subsector New Car Dealers
1st jan.Capitalization (M$)Investor Rating
CHINA MEIDONG AUTO HOLDINGS..209.69%5 168
LITHIA MOTORS, INC.56.17%6 159
GROUP 1 AUTOMOTIVE, INC.6.08%1 890
CHINA HARMONY NEW ENERGY AU..-22.45%626
PENDRAGON PLC0.00%236
LOOKERS PLC-61.82%106
PHU TAI-26.00%102
More Results


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Disclaimer: The information, charts, data, views, or comments provided by SURPERFORMANCE SAS are intended for investors who have the necessary knowledge and experience to understand and appreciate the information contained within. These items are disseminated for personal reference only. They do not constitute an offer or solicitation to buy or sell financial products or services, nor an investment advice.
The use of the information disseminated takes place under the investor's sole responsibility, without recourse against SURPERFORMANCE SAS. SURPERFORMANCE SAS will not be liable, whether in contract, in tort, under any warranty, for errors, omissions, improper investments, or adverse evolution of markets.

Financials
Sales 2020 20 540 M 3 069 M 3 069 M
Net income 2020 751 M 112 M 112 M
Net cash 2020 1 254 M 187 M 187 M
P/E ratio 2020 43,6x
Yield 2020 1,17%
Capitalization 33 997 M 5 078 M 5 080 M
EV / Sales 2020 1,59x
EV / Sales 2021 1,22x
Nbr of Employees 4 763
Free-Float 43,2%
Upcoming event on CHINA MEIDONG AUTO HOLDINGS LIMITED
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 13
Average target price 26,10 CNY
Last Close Price 27,32 CNY
Spread / Highest target 35,4%
Spread / Average Target -4,49%
Spread / Lowest Target -28,5%
EPS Revisions
Managers
NameTitle
Tao Ye Chief Executive Officer & Executive Director
Fan Ye Chairman
Ki Chi Jip Independent Non-Executive Director
Liu Yu Luo Executive Director & VP-Human Resources
Chou Wang Independent Non-Executive Director