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1268.HK$0.70+6.06%
Fair $0.70+0.0%

1268.HK

China MeiDong Auto Holdings Limited

Consumer Cyclical / Auto & Truck DealershipsHKSE

$0.70

+0.04 (+6.06%)

Fairly Valued+0.0%Fair Value $0.70Fund rank 31/100 · Data gapFallback financials|
SA 17/F
F-Score: 2/9
Declining RevenueMargin CompressionLow Profitability

FCF base 3Y

n/d

n/d CAGR · yield n/d

FCF base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 25% · confianza 25%

FCF escenarios

weak_data · normalized FCF $753.7M · quality 57.0/100

Data gap 31/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 66/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

17/100

F

Piotroski

2/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 3unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Sector-specific holding-company NAV/SOTP model required: targets are disabled until look-through holdings, debt and discount data exists. Revenue has declined for 2 consecutive years Operating margin has declined for 3 consecutive years ROE is -79.9%, below the 5% threshold
Thesis & Journal · 1268.HKLocal privado en este navegador · China MeiDong Auto Holdings Limited
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$942M

P/E

N/A

•

EV/EBITDA

N/A

•

ROE

-79.9%

↓

Gross Margin

7.0%

↓

Debt/Equity

1.44

↑
52-Week Range$1
$1$2

TradingView lightweight chart

1268.HK price, volumen y niveles de valoración

Último $0.700Periodo -59.3%
Fair value: $0.700

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2021–2024 · 3 años de histórico normalizado

Revenue CAGR

-2.1%

FCF CAGR

-19.6%

FCF margin

3.4%

FCF / Net income

-0.33x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $22.15B · net income $-2.26B · FCF $753.7M

2021-FY → 2024-FY

Gross margin

7.0%-4.7% pts

Operating margin

1.4%-4.8% pts

Net margin

-10.2%-15.2% pts

FCF margin

3.4%-2.7% pts
MetricTTM
2024
2023
2022
2021
Income Statement
Revenue$22.15B$22.15B$28.55B$28.65B$23.58B
Net Income$-2.26B$-2.26B$140.2M$521.0M$1.17B
EBITDA$-1.84B$-1.84B$1.25B$1.63B$2.03B
EPS-1.68-1.680.100.410.92
Gross Margin7.0%7.0%7.3%8.8%11.8%
Operating Margin1.4%1.4%1.7%3.0%6.2%
Net Margin-10.2%-10.2%0.5%1.8%4.9%
Balance Sheet
Debt/Equity1.441.440.981.320.65
Current Ratio1.171.17———
Cash Flow
Free Cash Flow$753.7M$753.7M$469.1M$870.4M$1.45B
Returns
ROE-79.9%-79.9%2.7%12.2%29.5%
Valuation
P/E——45.2438.9136.80
EV/EBITDA——7.2014.9021.08
P/B0.330.331.234.7410.87
Growth & Yield
Revenue Growth-22.4%-22.4%-0.3%21.5%—
EPS Growth-1715.6%-1715.6%-74.4%-56.0%—
Dividend Yield5.5%5.5%———

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%
Reverse DCF requires positive EPS; loss-making or zero-EPS companies cannot produce a clean EPS hurdle.

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total -60.7%

Total return

-60.7%

Start / end P/E

n/dx → n/dx

EPS bridge

0.10 → -1.68

Residual

-66.2%

EPS growthn/d
Multiple reratingn/d
Dividend+5.5%
Residual / FX / buybacks / cross-term-66.2%

EPS/multiple decomposition requires positive EPS at both endpoints; residual absorbs price move not explained by dividends.

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.