CMEIF (China MeiDong Auto Holdings) Piotroski F-Score: 6 (As of Jun. 26, 2026) — Near Median


CMEIF China MeiDong Auto Holdings Ltd CMEIF
49 GF Score
Price $0.10
GF Value $0.37
Valuation Significantly Undervalued
! 5 Warning Signs
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What is China MeiDong Auto Holdings Piotroski F-Score?

China MeiDong Auto Holdings CMEIF -35.84% 49 Piotroski F-Score is 6 as of Jun. 26, 2026, which is at its 10-year median of 6.00. GuruFocus rates CMEIF with a GF Score™ of 49/100 and a GF Value™ of $0.37 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,287 Vehicles & Parts companies, China MeiDong Auto Holdings ranks better than 73.58% on this metric.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

China MeiDong Auto Holdings has an F-score of 6 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for China MeiDong Auto Holdings's Piotroski F-Score or its related term are showing as below:

CMEIF' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 8
Current: 6

During the past 13 years, the highest Piotroski F-Score of China MeiDong Auto Holdings was 8. The lowest was 3. And the median was 6.

China MeiDong Auto Holdings  (OTCPK:CMEIF) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


China MeiDong Auto Holdings Piotroski F-Score Related Terms


China MeiDong Auto Holdings Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for China MeiDong Auto Holdings's Piotroski F-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

China MeiDong Auto Holdings Piotroski F-Score Chart

China MeiDong Auto Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 3.00 5.00 4.00 6.00

China MeiDong Auto Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.00 0.00 4.00 0.00 6.00

CMEIF vs CVNA, PAG, ALTB: Piotroski F-Score Comparison

For the Auto & Truck Dealerships subindustry, China MeiDong Auto Holdings's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


China MeiDong Auto Holdings Piotroski F-Score vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, China MeiDong Auto Holdings's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where China MeiDong Auto Holdings's Piotroski F-Score falls into.


CMEIF
49GF Score
China MeiDong Auto Holdings Ltd CMEIF
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

How is the Piotroski F-Score calculated?

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

This Year (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was $-107 Mil.
Cash Flow from Operations was $68 Mil.
Revenue was $2,843 Mil.
Gross Profit was $163 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (1576.952 + 1066.832) / 2 = $1321.892 Mil.
Total Assets at the begining of this year (Dec24) was $1,577 Mil.
Long-Term Debt & Capital Lease Obligation was $225 Mil.
Total Current Assets was $620 Mil.
Total Current Liabilities was $529 Mil.
Net Income was $-311 Mil.

Revenue was $3,043 Mil.
Gross Profit was $214 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (1991.598 + 1576.952) / 2 = $1784.275 Mil.
Total Assets at the begining of last year (Dec23) was $1,992 Mil.
Long-Term Debt & Capital Lease Obligation was $198 Mil.
Total Current Assets was $977 Mil.
Total Current Liabilities was $932 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

China MeiDong Auto Holdings's current Net Income (TTM) was -107. ==> Negative ==> Score 0.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

China MeiDong Auto Holdings's current Cash Flow from Operations (TTM) was 68. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Dec24)
=-107.194/1576.952
=-0.06797544

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-310.967/1991.598
=-0.15613944

China MeiDong Auto Holdings's return on assets of this year was -0.06797544. China MeiDong Auto Holdings's return on assets of last year was -0.15613944. ==> This year is higher. ==> Score 1.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

China MeiDong Auto Holdings's current Net Income (TTM) was -107. China MeiDong Auto Holdings's current Cash Flow from Operations (TTM) was 68. ==> 68 > -107 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=225.076/1321.892
=0.17026807

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=198.09/1784.275
=0.11101988

China MeiDong Auto Holdings's gearing of this year was 0.17026807. China MeiDong Auto Holdings's gearing of last year was 0.11101988. ==> Last year is lower than this year ==> Score 0.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Dec25)=Total Current Assets/Total Current Liabilities
=619.939/528.932
=1.17205803

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=976.976/932.382
=1.04782804

China MeiDong Auto Holdings's current ratio of this year was 1.17205803. China MeiDong Auto Holdings's current ratio of last year was 1.04782804. ==> This year's current ratio is higher. ==> Score 1.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

China MeiDong Auto Holdings's number of shares in issue this year was 1346.247. China MeiDong Auto Holdings's number of shares in issue last year was 1346.247. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=163.105/2842.874
=0.05737328

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=214.407/3042.833
=0.07046295

China MeiDong Auto Holdings's gross margin of this year was 0.05737328. China MeiDong Auto Holdings's gross margin of last year was 0.07046295. ==> Last year's gross margin is higher ==> Score 0.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Dec24)
=2842.874/1576.952
=1.80276508

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=3042.833/1991.598
=1.52783493

China MeiDong Auto Holdings's asset turnover of this year was 1.80276508. China MeiDong Auto Holdings's asset turnover of last year was 1.52783493. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=0+1+1+1+0+1+1+0+1
=6

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

China MeiDong Auto Holdings has an F-score of 6 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 6 mean?
China MeiDong Auto Holdings (CMEIF) has a Piotroski F-Score of 6 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on China MeiDong Auto Holdings and its competitors. This is near median its historical median of 6.00. Over the past decade, China MeiDong Auto Holdings' Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, China MeiDong Auto Holdings ranks #340 out of 1287 companies in the Vehicles & Parts industry, placing it in the top 26.4%.
Is China MeiDong Auto Holdings' Piotroski F-Score too high?
China MeiDong Auto Holdings' current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 8.00. The Vehicles & Parts industry median Piotroski F-Score is 5.00. China MeiDong Auto Holdings' value of 6 is 20% above this industry median. Based on the distribution chart, China MeiDong Auto Holdings ranks #340 out of 1287 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, China MeiDong Auto Holdings has a GF Score™ of 49/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China MeiDong Auto Holdings' Piotroski F-Score compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, China MeiDong Auto Holdings ranks #340 out of 1287 companies for Piotroski F-Score. This puts China MeiDong Auto Holdings in the upper half of its industry. The industry median Piotroski F-Score is 5.00. China MeiDong Auto Holdings' value of 6 is 20% above this benchmark. Historically, China MeiDong Auto Holdings' own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, China MeiDong Auto Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for a Vehicles & Parts company?
The median Piotroski F-Score among Vehicles & Parts companies is 5.00, based on 1,287 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China MeiDong Auto Holdings's current Piotroski F-Score of 6 is 20% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on China MeiDong Auto Holdings and its competitors. For the Vehicles & Parts industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China MeiDong Auto Holdings's current Piotroski F-Score is 6, which is near median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China MeiDong Auto Holdings stock overvalued right now?
Based on GuruFocus' analysis, China MeiDong Auto Holdings (CMEIF) is currently considered Significantly Undervalued. The stock's GF Value™ is $0.37, compared to a current price of $0.10 — trading 72.4% below its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Vehicles & Parts industry median of 5.00. China MeiDong Auto Holdings' overall GF Score™ is 49/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For China MeiDong Auto Holdings (CMEIF), the current Piotroski F-Score is 6 as of Jun. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is China MeiDong Auto Holdings (CMEIF) Overvalued in 2026?

Based on GuruFocus' analysis, China MeiDong Auto Holdings stock appears to be undervalued. The current stock price of $0.10 is trading 72.4% below its estimated GF Value™ of $0.37. GuruFocus considers China MeiDong Auto Holdings to be Significantly Undervalued.

Key valuation signals for CMEIF:

  • Piotroski F-Score: 6 (near median its 10-year median of 6.00)
  • GF Value™: $0.37 vs. price of $0.10 (72.4% below fair value)
  • GF Score™: 49/100 with 5 warning signs
  • Industry Position: 20% above the Vehicles & Parts median (#340 of 1287)

No single metric tells the full story. See the CMEIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China MeiDong Auto Holdings Business Description

Other Exchanges 01268:Hong Kong55M:Germany
Address Unit A1, Huangjin Road, 13th Floor, Tian An Tech Industry Building, Nancheng, Guangdong, Dongguan, CHN
China MeiDong Auto Holdings Ltd is an investment holding company principally engaged in the automobile dealership business authorized by the respective automobile manufacturers of particular brands in the PRC, including the sale of new passenger cars, spare parts, services, and surveys. The company's portfolio covers mid-to-high-end to luxury brands, including Toyota, Lexus, BMW, BMW Mini, and Porsche. Geographically, all the operations function in the region of China.
49GF Score

Get the complete analysis for CMEIF

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.10
Price
$0.37
GF Value