01268 MEIDONG AUTO
- 3.110
- +0.260+9.12%
MEIDONG AUTO News
[Hong Kong Stock Connect] MeiDong Auto (01268) rose 6.67%. Institutions expect it to survive the crisis
Jinwu Financial News | MeiDong Auto (01268) fluctuated higher in early trading. As of press release, it reported HK$3.04, up 6.67%, with a turnover of HK$12.08 million. According to the news, the Zhongtai Securities Research Report said that the company still showed strong operational resilience, and the absorption rate of snack services reached 116.7%. The beta downturn is both a challenge and an opportunity. With its leading alpha advantage, the company is expected to survive the crisis and even achieve better growth. The bank still believes that the dealer industry will exist in the future in a market dominated by new energy vehicles, but it is difficult to predict how long this round of changes will last. The bank will adjust 2024-202
年報2023
Some Investors May Be Worried About China MeiDong Auto Holdings' (HKG:1268) Returns On Capital
To find a multi-bagger stock, what are the underlying trends we should look for in a business? One common approach is to try and find a company with returns on capital employed (ROCE) that are increa
Changes in Hong Kong stocks | Meidong Auto (01268) continued to fall nearly 8%. Auto dealers' comprehensive inventory coefficient in March was 1.56, down 10.3% month-on-month
The Zhitong Finance App learned that MeiDong Auto (01268) continued to drop by nearly 8%, down 7.96% at press time, to HK$2.66, with a turnover of HK$6.59 million. According to the news, on April 10, the China Automobile Dealers Association released the results of the “Auto Dealer Inventory” survey for March 2024: the comprehensive inventory coefficient for car dealers in March was 1.56, down 10.3% from the previous month and 12.4% year on year. The inventory level was above the warning line, and dealer inventory pressure declined. According to reports, the 2023 financial reports of eight Hong Kong stock car dealers have been released one after another. Of these, 5 companies are in 2023
Changes in Hong Kong stocks | Meidong Auto (01268) fell more than 5%, leading the decline, and the auto dealer price war dragged down the profits of dealers, and the survival status of dealers is still worrying
The Zhitong Finance App learned that car dealers have collectively declined. As of press release, Meidong Auto (01268) fell 5.5% to HK$2.92; Zhongsheng Holdings (00881) fell 5.34% to HK$14.54; and Yongda Auto (03669) fell 2.22% to HK$2.2. According to the news, the 2023 financial reports of eight Hong Kong stock car dealers have been released one after another. Among them, the net profit of 5 companies declined year-on-year in 2023. The net profit of Zhongsheng Holdings was 5,018 billion yuan, down 24.97% year on year; Yongda Auto's net profit was 586 million yuan, down 60 percent year on year.
Changes in Hong Kong stocks | Meidong Auto (01268) rose more than 7% in March, China's auto dealer inventory warning index was 58.3%, and trade-in was beneficial to terminal sales in the second quarter
MeiDong Auto (01268) rose more than 7% and rose 7.07% to HK$3.03 at press time, with a turnover of HK$18.89 million.
MeiDong Auto (01268.HK) gains 1.072,000 shares from FIL Limited
Glonghui, April 9 | According to the latest equity disclosure data from the Stock Exchange, on April 2, 2024, Meidong Auto (01268.HK) received FIL Limited's share holdings of 1.072,000 shares at an average price of HK$30,648 per share on the market, involving approximately HK$3.285,500. After the increase in holdings, FIL Limited's latest shareholding was 121,772,260 shares, and the shareholding ratio increased from 8.97% to 9.05%.
Buy Rating Affirmed for China MeiDong Auto Holdings on Strong After-Sales and Cost Efficiency
MEIDONG AUTO To Go Ex-Dividend On June 14th, 2024 With 0.03638 HKD Dividend Per Share
March 29th - $MEIDONG AUTO(01268.HK)$ is trading ex-dividend on June 14th, 2024. Shareholders of record on June 17th, 2024 will receive 0.03638 HKD dividend per share on August 21st, 2024. The ex-
Meidong Auto (01268) Announces 2023 Results Profit attributable to shareholders of 140 million yuan, a year-on-year decrease of 73.09%
MeiDong Auto (01268) announced its 2023 results, with revenue of RMB 28.555 billion, a year-on-year decrease of 0...
MeiDong Auto (01268) will pay a final dividend of $0.033 per share on August 21
MeiDong Auto (01268) announced that it will be distributed on August 21, 2024 until December 3, 2023...
MEIDONG AUTO: 2023 ANNUAL RESULTS ANNOUNCEMENT
China MeiDong Auto Holdings Limited's (HKG:1268) Largest Shareholder, Top Key Executive Fan Ye Sees Holdings Value Fall by 13% Following Recent Drop
Key Insights China MeiDong Auto Holdings' significant insider ownership suggests inherent interests in company's expansion The largest shareholder of the company is Fan Ye with a 52% stake Instit
Changes in Hong Kong stocks | Meidong Auto (01268) fell more than 5%, and last year's profit is expected to fall by about 73% year on year
MeiDong Auto (01268) fell by more than 5%. As of press release, it was down 5.11% to HK$3.16, with a turnover of HK$10.5548 million.
China Meidong Auto Holdings Expects 73% Dip in 2023 Profit
China Meidong Auto Holdings (HKG:1268) expects a decrease in net profit attributable to equity shareholders of the Company to decline by 73% for the year ended Dec. 31, 2023, compared with the profit
MeiDong Auto (01268.HK) expects profit attributable to equity shareholders to decline in 2023
On March 18, Gelonghui Auto (01268.HK) announced that the company expects the profit accrued by the company's equity shareholders in 2023 to fall compared to the previous year. The board of directors believes that the decline in profit attributable to the company's equity shareholders in 2023 is mainly due to the following reasons: (1) the Group's business was affected by weak consumption power due to the macroeconomy. In 2023, gross profit fell by no more than 18% compared to 2022; (2) considering the continued changes in the macroeconomic environment in the second half of 2023, the increasingly fierce competition in the automobile dealership industry,
MEIDONG AUTO: PROFIT WARNING
Changes in Hong Kong stocks | Auto dealers' decline was due to Meidong Auto (01268) falling nearly 6%, contributing negatively to the gross profit of new cars under the price war
Auto dealers recorded the highest decline. As of press release, Meidong Auto (01268) fell 5.77% to HK$2.94; Zhongsheng Holdings (00881) fell 5.09% to HK$13.06; and Yongda Motor (03669) fell 3.24% to HK$2.39.
MeiDong Auto (01268.HK) will hold a board meeting on March 27 to approve annual results
Gelonghui, March 12, 丨 Meidong Auto (01268.HK) announced that the company will hold a board meeting on March 27, 2024 to consider and approve the annual results announcements of the company and its subsidiaries for the year ended December 31, 2023, and to consider the payment of a final dividend (if any).
美東汽車：董事會會議日期
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