China MeiDong Auto Holdings Balance Sheet Health
Financial Health criteria checks 6/6
China MeiDong Auto Holdings has a total shareholder equity of CN¥5.2B and total debt of CN¥3.1B, which brings its debt-to-equity ratio to 59.5%. Its total assets and total liabilities are CN¥14.3B and CN¥9.1B respectively. China MeiDong Auto Holdings's EBIT is CN¥548.6M making its interest coverage ratio 3.4. It has cash and short-term investments of CN¥2.8B.
Key information
59.5%
Debt to equity ratio
CN¥3.09b
Debt
| Interest coverage ratio | 3.4x |
| Cash | CN¥2.80b |
| Equity | CN¥5.18b |
| Total liabilities | CN¥9.08b |
| Total assets | CN¥14.26b |
Recent financial health updates
Is China MeiDong Auto Holdings (HKG:1268) A Risky Investment?
May 26
Is China MeiDong Auto Holdings (HKG:1268) Using Too Much Debt?
Oct 05These 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 23Recent updates
China MeiDong Auto Holdings (HKG:1268) Might Be Having Difficulty Using Its Capital Effectively
Nov 08China MeiDong Auto Holdings Limited (HKG:1268) Looks Just Right With A 26% Price Jump
Sep 24There May Be Reason For Hope In China MeiDong Auto Holdings' (HKG:1268) Disappointing Earnings
Sep 23The Consensus EPS Estimates For China MeiDong Auto Holdings Limited (HKG:1268) Just Fell Dramatically
Sep 04Why We're Not Concerned About China MeiDong Auto Holdings Limited's (HKG:1268) Share Price
Jun 16Is China MeiDong Auto Holdings (HKG:1268) A Risky Investment?
May 26China MeiDong Auto Holdings Limited's (HKG:1268) CEO Might Not Expect Shareholders To Be So Generous This Year
May 07Capital Allocation Trends At China MeiDong Auto Holdings (HKG:1268) Aren't Ideal
May 02China 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 08Financial Position Analysis
Short Term Liabilities: 1268's short term assets (CN¥6.8B) exceed its short term liabilities (CN¥6.7B).
Long Term Liabilities: 1268's short term assets (CN¥6.8B) exceed its long term liabilities (CN¥2.4B).
Debt to Equity History and Analysis
Debt Level: 1268's net debt to equity ratio (5.6%) is considered satisfactory.
Reducing Debt: 1268's debt to equity ratio has reduced from 81.2% to 59.5% over the past 5 years.
Debt Coverage: 1268's debt is well covered by operating cash flow (31.6%).
Interest Coverage: 1268's interest payments on its debt are well covered by EBIT (3.4x coverage).