
China MeiDong Auto Holdings Limited
1268.HKHKSEConsumer CyclicalAuto - Dealerships
Latest quote
HK$0.37
−HK$0.01 · -2.63%
1268.HK company overview
Regular session · HKT · Market data may be delayed.
Company profile
Company websiteAs an investment holding company, China MeiDong Auto Holdings Limited operates as a leading automobile dealership group throughout the People's Republic of China. Its primary activities include the retail of new passenger vehicles and their corresponding spare parts, alongside offering a broad spectrum of services such as vehicle servicing and surveys. The company delivers extensive after-sales support, encompassing vehicle registration, insurance solutions, parts repair and replacement, and the sale and maintenance of automotive supplies. Furthermore, it provides financing referral options and a variety of other value-added services. The group also engages in the sale of pre-owned vehicles and manages properties. Its network of dealerships features a diverse portfolio of automotive brands, including BMW/Mini, Audi, Lexus, Toyota, Hyundai, and Porsche. As of December 31, 2021, China MeiDong Auto Holdings Limited managed 70 wholly-owned retail outlets spread across the Chinese provinces of Beijing, Hebei, Hubei, Hunan, Jiangxi, Fujian, Guangdong, Gansu, and Anhui. Established in 2003, the company is headquartered in Dongguan, PRC, and functions as a subsidiary of Apex Sail Limited.
- Industry
- Auto - Dealerships
- Sector
- Consumer Cyclical
- Headquarters
- CN
- CEO
- Tao Ye
- Listed since
- Dec 5, 2013
- Employees
- 3,763
Market position
Day range
Current HK$0.37
52-week range
Current HK$0.37
- Open
- HK$0.375
- Previous close
- HK$0.38
- Volume
- 1.39M
- 0.96× average
- Average volume
- 1.44M
- Average daily volume
- Market cap
- 498.11M HKD
- Beta
- 1.38
- Market reference 1
- 50-day average
- HK$0.4784
- -22.66% below average
- 200-day average
- HK$1.113
- -66.76% below average
Financials
Financial snapshot
Latest / TTMValuation & yield
- Enterprise value
- 3.76B CNY
- P/E (TTM)
- -0.56×
- P/B (TTM)
- 0.21×
- P/S (TTM)
- 0.02×
- EV / EBITDA
- 8.31×
- Earnings yield
- -49.16%
- Free cash flow yield
- -43.35%
- Dividend yield
- 0.00%
Profitability & efficiency
- Gross margin
- 5.74%
- Operating margin
- -3.57%
- Net margin
- -3.77%
- Return on equity
- -37.34%
- Return on assets
- -10.04%
- Return on invested capital
- -9.54%
Financial health
- Debt / equity
- 2×
- Current ratio
- 1.17×
- Altman Z-score
- 6.19
- Piotroski F-score
- 5 of 9
Financial statements
Margin trends
Profitability as a percentage of reported revenue.
Income trends
Revenue
Operating income
Net income
| Metric (CNY) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 20.02B CNY | 22.15B CNY | 28.55B CNY | 28.65B CNY | 23.58B CNY |
| Cost of goods sold | 18.87B CNY | 20.59B CNY | 26.48B CNY | 26.14B CNY | 20.81B CNY |
| Gross profit | 1.15B CNY | 1.56B CNY | 2.08B CNY | 2.52B CNY | 2.77B CNY |
| Selling, general, and administrative | 1.04B CNY | 1.25B CNY | 1.43B CNY | 1.66B CNY | 1.32B CNY |
| Operating expenses | 1.86B CNY | 3.97B CNY | 1.42B CNY | 1.4B CNY | 1.07B CNY |
| Interest income | 9.2M CNY | 103.97M CNY | 91.51M CNY | 46.12M CNY | 20.96M CNY |
| Interest expense | 115.41M CNY | 239.33M CNY | 274.06M CNY | 275.04M CNY | 133.28M CNY |
| Depreciation and amortization | 245.64M CNY | 554.69M CNY | 577.17M CNY | 490.03M CNY | 178.72M CNY |
| Operating income | −715.55M CNY | −2.41B CNY | 655.18M CNY | 1.11B CNY | 1.7B CNY |
| Net income | −754.99M CNY | −2.26B CNY | 140.2M CNY | 521.03M CNY | 1.17B CNY |
Company facts updated Aug 24, 2026.
Earnings
- EPS beat rate
- 33%
- 3 beats, 6 misses, 0 met estimates
- Average EPS surprise
- -212.39%
- 9 comparable reports
- Latest EPS result
- 0.05
EPS: actual versus estimate
Recent quarterly results
Revenue: actual versus estimate
Recent quarterly results
Corporate actions
Annual dividends per share
Cash distributions grouped by calendar year; partial years are marked.
HK$0.1373
2023 complete year-5.9% since 2019
HK$0.1459
2,019
HK$0.3855
2,020
HK$0.4462
2,021
HK$0.9035
2,022
HK$0.1373
2,023
Corporate action history
| Action | Ex-dividend date | Details | Record date | Payment date |
|---|---|---|---|---|
DividendUpcoming | Sep 3, 2026 | HK$0.0393Annual | Sep 7, 2026 | Oct 28, 2026 |
Dividend | Jun 13, 2025 | HK$0.0489Annual | Jun 16, 2025 | Aug 27, 2025 |
Dividend | Jun 14, 2024 | HK$0.036Annual | Jun 17, 2024 | Aug 21, 2024 |
Dividend | Sep 20, 2023 | HK$0.0096Semi-Annual | Sep 21, 2023 | Dec 20, 2023 |
Dividend | Jun 15, 2023 | HK$0.1278Semi-Annual | Jun 16, 2023 | Aug 17, 2023 |
Dividend | Sep 21, 2022 | HK$0.0901Semi-Annual | Sep 22, 2022 | Dec 28, 2022 |
Ex-dividend Sep 3, 2026
HK$0.0393
Annual
Record Sep 7, 2026 · Payment Oct 28, 2026
Ex-dividend Jun 13, 2025
HK$0.0489
Annual
Record Jun 16, 2025 · Payment Aug 27, 2025
Ex-dividend Jun 14, 2024
HK$0.036
Annual
Record Jun 17, 2024 · Payment Aug 21, 2024
Ex-dividend Sep 20, 2023
HK$0.0096
Semi-Annual
Record Sep 21, 2023 · Payment Dec 20, 2023
Ex-dividend Jun 15, 2023
HK$0.1278
Semi-Annual
Record Jun 16, 2023 · Payment Aug 17, 2023
Ex-dividend Sep 21, 2022
HK$0.0901
Semi-Annual
Record Sep 22, 2022 · Payment Dec 28, 2022
1268.HK peers
ETFs holding 1268.HK
Funds reporting this stock among their holdings, ordered by reported position size.
Vanguard Total International Stock ETFVXUS71.19K0.00%646.2B USD0.05%$87.71+0.78%
Vanguard FTSE Emerging Markets ETFVWO67.71K0.00%162.3B USD0.06%$60.45+0.72%
Dimensional - Emerging Markets Core Equity 2 ETFDFEM55.5K0.00%9.49B USD0.39%$39.93+0.50%
Avantis Emerging Markets Equity ETFAVEM45.65K—27.89B USD0.33%$94.24+0.75%
Dimensional World ex U.S. Core Equity 2 ETFDFAX25.28K0.00%12.57B USD0.28%$38.16+0.82%
Vanguard FTSE All-World ex-US Small-Cap ETFVSS19.78K0.00%13.6B USD0.06%$160.06+0.43%
Dimensional - Emerging Core Equity Market ETFDFAE18.03K0.00%10B USD0.29%$39.49+0.51%
State Street SPDR S&P Emerging Markets Small Cap ETFEWX15.41K0.00%685.65M USD0.65%$72.22+0.25%
Vanguard Total International Stock ETFVXUS- Market value
- 71.19K
- Weight
- 0.00%
- AUM
- 646.2B USD
- Expense ratio
- 0.05%
- Price / 1D
- $87.71+0.78%
Vanguard FTSE Emerging Markets ETFVWO- Market value
- 67.71K
- Weight
- 0.00%
- AUM
- 162.3B USD
- Expense ratio
- 0.06%
- Price / 1D
- $60.45+0.72%
Dimensional - Emerging Markets Core Equity 2 ETFDFEM- Market value
- 55.5K
- Weight
- 0.00%
- AUM
- 9.49B USD
- Expense ratio
- 0.39%
- Price / 1D
- $39.93+0.50%
Avantis Emerging Markets Equity ETFAVEM- Market value
- 45.65K
- Weight
- —
- AUM
- 27.89B USD
- Expense ratio
- 0.33%
- Price / 1D
- $94.24+0.75%
Dimensional World ex U.S. Core Equity 2 ETFDFAX- Market value
- 25.28K
- Weight
- 0.00%
- AUM
- 12.57B USD
- Expense ratio
- 0.28%
- Price / 1D
- $38.16+0.82%
Vanguard FTSE All-World ex-US Small-Cap ETFVSS- Market value
- 19.78K
- Weight
- 0.00%
- AUM
- 13.6B USD
- Expense ratio
- 0.06%
- Price / 1D
- $160.06+0.43%
Dimensional - Emerging Core Equity Market ETFDFAE- Market value
- 18.03K
- Weight
- 0.00%
- AUM
- 10B USD
- Expense ratio
- 0.29%
- Price / 1D
- $39.49+0.51%
State Street SPDR S&P Emerging Markets Small Cap ETFEWX- Market value
- 15.41K
- Weight
- 0.00%
- AUM
- 685.65M USD
- Expense ratio
- 0.65%
- Price / 1D
- $72.22+0.25%
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