CMEIF
Price:
$0.2514
Market Cap:
$1.88B
China MeiDong Auto Holdings Limited, an investment holding company, operates as an automobile dealer in the People's Republic of China. The company is involved in the sale of new passenger cars and spare parts; and provision of service and survey. It also provides after-sales services, such as auto registration, insurance, auto parts, repair and replacement, sales and maintenance of automotive supplies, etc.; financing referral solutions; and other value added services. In addition, the company engages in the trading of used vehicles and property management. Its dealership stores cover various automobile brands comprising BMW/Mini, Audi, Lexus, Toyota, Hyundai, and Porsche. As of December 31...[Read more]
Industry
Auto - Dealerships
IPO Date
2020-05-22
Stock Exchange
OTC
Ticker
CMEIF
According to China MeiDong Auto Holdings Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.05. This represents a change of -7.60% compared to the average of 1.14 of the last 4 quarters.
The mean historical Current Ratio of China MeiDong Auto Holdings Limited over the last ten years is 1.24. The current 1.05 Current Ratio has changed 8.37% with respect to the historical average. Over the past ten years (40 quarters), CMEIF's Current Ratio was at its highest in in the December 2020 quarter at 1.67. The Current Ratio was at its lowest in in the January 2012 quarter at 0.
Average
1.24
Median
1.17
Minimum
1.05
Maximum
1.67
Discovering the peaks and valleys of China MeiDong Auto Holdings Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 40.27%
Maximum Annual Current Ratio = 1.67
Minimum Annual Increase = -26.87%
Minimum Annual Current Ratio = 1.05
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.05 | -26.87% |
| 2023 | 1.43 | 18.60% |
| 2022 | 1.21 | -11.18% |
| 2021 | 1.36 | -18.51% |
| 2020 | 1.67 | 40.27% |
| 2019 | 1.19 | 3.36% |
| 2018 | 1.15 | 1.75% |
| 2017 | 1.13 | 0.45% |
| 2016 | 1.13 | 0.50% |
| 2015 | 1.12 | 5.70% |
The current Current Ratio of China MeiDong Auto Holdings Limited (CMEIF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.23
5-year avg
1.34
10-year avg
1.24
China MeiDong Auto Holdings Limited’s Current Ratio is greater than AMA Group Limited (0.99), less than Motorpoint Group Plc (1.06), less than ElringKlinger AG (1.39), less than Nemak, S. A. B. de C. V. (1.13), less than China Dongxiang (Group) Co., Ltd. (7.94), greater than The Star Entertainment Group Limited (0.44), less than ASOS Plc (1.18), less than ElringKlinger AG (1.39), greater than Companhia Brasileira de Distribuição (0.93), less than Universal Mfg. Co. (1.30),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.99 | $294.08M | |
| 1.06 | $141.75M | |
| 1.39 | $320.60M | |
| 1.13 | $605.53M | |
| 7.94 | $293.60M | |
| 0.44 | $143.40M | |
| 1.18 | $396.07M | |
| 1.39 | $304.13M | |
| 0.93 | $358.17M | |
| 1.30 | $4.49M |
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