China MeiDong Auto Holdings Balance Sheet Health
Financial Health criteria checks 5/6
China MeiDong Auto Holdings has a total shareholder equity of CN¥5.3B and total debt of CN¥3.7B, which brings its debt-to-equity ratio to 69.1%. Its total assets and total liabilities are CN¥14.2B and CN¥8.9B respectively. China MeiDong Auto Holdings's EBIT is CN¥681.8M making its interest coverage ratio 2.3. It has cash and short-term investments of CN¥2.9B.
Key information
69.1%
Debt to equity ratio
CN¥3.65b
Debt
| Interest coverage ratio | 2.3x |
| Cash | CN¥2.92b |
| Equity | CN¥5.29b |
| Total liabilities | CN¥8.93b |
| Total assets | CN¥14.22b |
Recent financial health updates
Is China MeiDong Auto Holdings (HKG:1268) Using Too Much Debt?
Oct 05
These 4 Measures Indicate That China MeiDong Auto Holdings (HKG:1268) Is Using Debt Reasonably Well
Dec 29Does China MeiDong Auto Holdings (HKG:1268) Have A Healthy Balance Sheet?
Sep 23China MeiDong Auto Holdings (HKG:1268) Seems To Use Debt Rather Sparingly
Apr 11Is China MeiDong Auto Holdings (HKG:1268) Using Too Much Debt?
Sep 30Recent updates
China MeiDong Auto Holdings Limited Just Missed EPS By 43%: Here's What Analysts Think Will Happen Next
Mar 31At HK$2.90, Is It Time To Put China MeiDong Auto Holdings Limited (HKG:1268) On Your Watch List?
Mar 26There's Reason For Concern Over China MeiDong Auto Holdings Limited's (HKG:1268) Massive 27% Price Jump
Mar 04Some Investors May Be Worried About China MeiDong Auto Holdings' (HKG:1268) Returns On Capital
Feb 01Calculating The Intrinsic Value Of China MeiDong Auto Holdings Limited (HKG:1268)
Jan 17What China MeiDong Auto Holdings Limited's (HKG:1268) P/S Is Not Telling You
Dec 29At HK$4.48, Is It Time To Put China MeiDong Auto Holdings Limited (HKG:1268) On Your Watch List?
Oct 30Is China MeiDong Auto Holdings (HKG:1268) Using Too Much Debt?
Oct 05Returns On Capital At China MeiDong Auto Holdings (HKG:1268) Paint A Concerning Picture
Sep 05A Look At The Intrinsic Value Of China MeiDong Auto Holdings Limited (HKG:1268)
Aug 21Should You Investigate China MeiDong Auto Holdings Limited (HKG:1268) At HK$9.15?
Jul 18What Is China MeiDong Auto Holdings Limited's (HKG:1268) Share Price Doing?
Apr 18Are Investors Undervaluing China MeiDong Auto Holdings Limited (HKG:1268) By 21%?
Mar 13China MeiDong Auto Holdings (HKG:1268) Could Be Struggling To Allocate Capital
Jan 11These 4 Measures Indicate That China MeiDong Auto Holdings (HKG:1268) Is Using Debt Reasonably Well
Dec 29What Is China MeiDong Auto Holdings Limited's (HKG:1268) Share Price Doing?
Dec 16Is There An Opportunity With China MeiDong Auto Holdings Limited's (HKG:1268) 43% Undervaluation?
Dec 05Does China MeiDong Auto Holdings (HKG:1268) Have A Healthy Balance Sheet?
Sep 23China MeiDong Auto Holdings' (HKG:1268) Returns On Capital Not Reflecting Well On The Business
Sep 07Do China MeiDong Auto Holdings' (HKG:1268) Earnings Warrant Your Attention?
Aug 08An Intrinsic Calculation For China MeiDong Auto Holdings Limited (HKG:1268) Suggests It's 48% Undervalued
May 28China MeiDong Auto Holdings (HKG:1268) Knows How To Allocate Capital Effectively
May 13China MeiDong Auto Holdings (HKG:1268) Seems To Use Debt Rather Sparingly
Apr 11If You Like EPS Growth Then Check Out China MeiDong Auto Holdings (HKG:1268) Before It's Too Late
Mar 28The Trend Of High Returns At China MeiDong Auto Holdings (HKG:1268) Has Us Very Interested
Jan 28I Ran A Stock Scan For Earnings Growth And China MeiDong Auto Holdings (HKG:1268) Passed With Ease
Dec 15Is China MeiDong Auto Holdings Limited (HKG:1268) Trading At A 31% Discount?
Nov 30Shareholders Would Enjoy A Repeat Of China MeiDong Auto Holdings' (HKG:1268) Recent Growth In Returns
Oct 15Is China MeiDong Auto Holdings (HKG:1268) Using Too Much Debt?
Sep 30Here's Why I Think China MeiDong Auto Holdings (HKG:1268) Is An Interesting Stock
Sep 15Financial Position Analysis
Short Term Liabilities: 1268's short term assets (CN¥6.4B) exceed its short term liabilities (CN¥4.4B).
Long Term Liabilities: 1268's short term assets (CN¥6.4B) exceed its long term liabilities (CN¥4.5B).
Debt to Equity History and Analysis
Debt Level: 1268's net debt to equity ratio (13.8%) is considered satisfactory.
Reducing Debt: 1268's debt to equity ratio has reduced from 84.1% to 69.1% over the past 5 years.
Debt Coverage: 1268's debt is well covered by operating cash flow (22.4%).
Interest Coverage: 1268's interest payments on its debt are not well covered by EBIT (2.3x coverage).