Texhong Textile Group Limited Logo

Texhong Textile Group Limited

2678.HK

(1.8)
Stock Price

3,53 HKD

0.63% ROA

-17.27% ROE

22.24x PER

Market Cap.

3.488.161.320,00 HKD

99.11% DER

0% Yield

-7.33% NPM

Texhong Textile Group Limited Stock Analysis

Texhong Textile Group Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Texhong Textile Group Limited Fundamental Stock Analysis
# Analysis Rating
1 PBV

The stock's low PBV ratio (0.47x) suggests it's undervalued, making it an attractive opportunity for investors.

2 ROE

The stock's ROE falls within an average range (1.61%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

3 ROA

The stock's ROA (0.63%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

4 DER

The stock maintains a fair debt to equity ratio (99%), indicating a reasonable balance between the money it owes and the ownership it possesses.

5 Graham Number

The company's Graham number indicates that it is undervalued compared to its stock price, suggesting a potentially favorable investment opportunity.

6 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock appears undervalued (1.256), presenting an attractive investment chance with its intrinsic value surpassing the current market price.

7 Revenue Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

8 Net Profit Growth

The net profit of this company has shown no signs of growth over the last five years, suggesting limited profitability and making it a less attractive investment opportunity.

9 Assets Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

10 Dividend Growth

Potential investors should be aware that the company's dividend growth has shown no upward trend in the past three years, indicating limited potential for increased returns.

11 Dividend

No dividends from the company in the past three years raises doubts about its profitability for shareholders.

Texhong Textile Group Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Texhong Textile Group Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Texhong Textile Group Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Texhong Textile Group Limited Revenue
Year Revenue Growth
2003 1.034.340.000
2004 1.415.852.000 26.95%
2005 1.915.965.000 26.1%
2006 2.667.216.000 28.17%
2007 3.254.109.000 18.04%
2008 3.737.641.000 12.94%
2009 4.088.436.000 8.58%
2010 5.471.598.000 25.28%
2011 6.872.713.000 20.39%
2012 7.341.474.000 6.39%
2013 8.228.532.999 10.78%
2014 10.470.321.000 21.41%
2015 10.574.854.000 0.99%
2016 13.647.737.000 22.52%
2017 16.306.375.000 16.3%
2018 19.155.709.000 14.87%
2019 22.002.943.000 12.94%
2019 22.002.943.000 0%
2020 19.576.938.000 -12.39%
2021 26.521.193.000 26.18%
2022 23.805.354.000 -11.41%
2023 22.725.317.000 -4.75%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Texhong Textile Group Limited Research and Development Expenses
Year Research and Development Expenses Growth
2003 0
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Texhong Textile Group Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2003 36.348.000
2004 48.604.000 25.22%
2005 140.838.000 65.49%
2006 110.817.000 -27.09%
2007 144.390.000 23.25%
2008 164.204.000 12.07%
2009 143.891.000 -14.12%
2010 204.867.000 29.76%
2011 208.833.000 1.9%
2012 227.267.000 8.11%
2013 308.214.000 26.26%
2014 328.235.000 6.1%
2015 380.865.000 13.82%
2016 546.655.000 30.33%
2017 511.930.000 -6.78%
2018 721.025.000 29%
2019 1.010.446.000 28.64%
2019 1.010.446.000 0%
2020 1.034.040.000 2.28%
2021 1.451.697.000 28.77%
2022 1.316.058.000 -10.31%
2023 1.178.578.000 -11.66%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Texhong Textile Group Limited EBITDA
Year EBITDA Growth
2003 97.271.000
2004 151.016.000 35.59%
2005 201.859.000 25.19%
2006 227.197.000 11.15%
2007 214.510.000 -5.91%
2008 348.074.000 38.37%
2009 490.080.000 28.98%
2010 1.201.514.000 59.21%
2011 460.605.000 -160.86%
2012 918.852.000 49.87%
2013 1.361.789.000 32.53%
2014 1.025.789.000 -32.76%
2015 1.630.209.000 37.08%
2016 2.435.523.000 33.07%
2017 1.977.960.000 -23.13%
2018 2.686.537.000 26.38%
2019 2.455.823.000 -9.39%
2019 2.298.102.000 -6.86%
2020 1.729.983.000 -32.84%
2021 4.394.704.000 60.63%
2022 1.679.494.000 -161.67%
2023 1.088.033.000 -54.36%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Texhong Textile Group Limited Gross Profit
Year Gross Profit Growth
2003 155.896.000
2004 229.373.000 32.03%
2005 342.697.000 33.07%
2006 402.863.000 14.93%
2007 434.751.000 7.33%
2008 458.935.000 5.27%
2009 601.260.000 23.67%
2010 1.308.609.000 54.05%
2011 555.585.000 -135.54%
2012 1.124.116.000 50.58%
2013 1.583.382.999 29.01%
2014 1.294.214.000 -22.34%
2015 1.905.832.000 32.09%
2016 2.645.143.000 27.95%
2017 2.439.959.000 -8.41%
2018 3.145.825.000 22.44%
2019 2.993.437.000 -5.09%
2019 2.993.437.000 0%
2020 2.707.118.000 -10.58%
2021 5.851.971.000 53.74%
2022 2.755.622.000 -112.36%
2023 1.462.615.000 -88.4%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Texhong Textile Group Limited Net Profit
Year Net Profit Growth
2003 84.838.000
2004 136.688.000 37.93%
2005 180.210.000 24.15%
2006 190.536.000 5.42%
2007 237.777.000 19.87%
2008 214.193.000 -11.01%
2009 285.565.000 24.99%
2010 841.225.000 66.05%
2011 61.256.000 -1273.29%
2012 486.538.000 87.41%
2013 1.125.890.000 56.79%
2014 306.721.000 -267.07%
2015 590.826.000 48.09%
2016 1.187.531.000 50.25%
2017 1.151.862.000 -3.1%
2018 1.163.092.000 0.97%
2019 922.749.000 -26.05%
2019 883.726.000 -4.42%
2020 517.065.000 -70.91%
2021 2.685.170.000 80.74%
2022 156.808.000 -1612.39%
2023 -375.700.000 141.74%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Texhong Textile Group Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2003 0
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 1 0%
2011 0 0%
2012 1 0%
2013 1 100%
2014 0 0%
2015 1 0%
2016 1 100%
2017 1 0%
2018 1 0%
2019 1 0%
2019 1 0%
2020 1 0%
2021 3 100%
2022 0 0%
2023 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Texhong Textile Group Limited Free Cashflow
Year Free Cashflow Growth
2003 -20.860.000
2004 98.484.000 121.18%
2005 -88.445.000 211.35%
2006 -181.725.000 51.33%
2007 -314.014.000 42.13%
2008 38.945.000 906.3%
2009 239.077.000 83.71%
2010 121.049.000 -97.5%
2011 -495.557.000 124.43%
2012 268.110.000 284.83%
2013 -238.626.000 212.36%
2014 438.754.000 154.39%
2015 590.585.000 25.71%
2016 -1.691.446.000 134.92%
2017 1.333.762.000 226.82%
2018 -742.995.000 279.51%
2019 122.545.000 706.3%
2020 2.640.553.000 95.36%
2021 37.733.000 -6897.99%
2022 -466.820.000 108.08%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Texhong Textile Group Limited Operating Cashflow
Year Operating Cashflow Growth
2003 5.550.000
2004 180.124.000 96.92%
2005 173.919.000 -3.57%
2006 41.338.000 -320.72%
2007 122.708.000 66.31%
2008 374.490.000 67.23%
2009 368.031.000 -1.76%
2010 470.143.000 21.72%
2011 -35.755.000 1414.9%
2012 924.029.000 103.87%
2013 729.054.000 -26.74%
2014 1.045.410.000 30.26%
2015 1.696.945.000 38.39%
2016 606.575.000 -179.76%
2017 2.192.611.000 72.34%
2018 766.684.000 -185.99%
2019 604.589.000 -26.81%
2020 3.300.785.000 81.68%
2021 2.441.604.000 -35.19%
2022 1.620.127.000 -50.7%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Texhong Textile Group Limited Capital Expenditure
Year Capital Expenditure Growth
2003 26.410.000
2004 81.640.000 67.65%
2005 262.364.000 68.88%
2006 223.063.000 -17.62%
2007 436.722.000 48.92%
2008 335.545.000 -30.15%
2009 128.954.000 -160.21%
2010 349.094.000 63.06%
2011 459.802.000 24.08%
2012 655.919.000 29.9%
2013 967.680.000 32.22%
2014 606.656.000 -59.51%
2015 1.106.360.000 45.17%
2016 2.298.021.000 51.86%
2017 858.849.000 -167.57%
2018 1.509.679.000 43.11%
2019 482.044.000 -213.18%
2020 660.232.000 26.99%
2021 2.403.871.000 72.53%
2022 2.086.947.000 -15.19%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Texhong Textile Group Limited Equity
Year Equity Growth
2003 290.908.000
2004 618.762.000 52.99%
2005 756.314.000 18.19%
2006 861.649.000 12.22%
2007 1.075.751.000 19.9%
2008 1.228.382.000 12.43%
2009 1.486.665.000 17.37%
2010 2.209.099.000 32.7%
2011 2.071.808.000 -6.63%
2012 2.558.346.000 19.02%
2013 3.380.418.000 24.32%
2014 3.454.632.000 2.15%
2015 3.911.155.000 11.67%
2016 5.148.721.000 24.04%
2017 5.910.127.000 12.88%
2018 6.836.822.000 13.55%
2019 8.099.375.000 15.59%
2020 8.472.738.000 4.41%
2021 10.600.952.000 20.08%
2022 10.101.476.000 -4.94%
2023 9.435.212.000 -7.06%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Texhong Textile Group Limited Assets
Year Assets Growth
2003 633.396.000
2004 1.036.117.000 38.87%
2005 1.401.768.000 26.08%
2006 1.829.900.000 23.4%
2007 2.645.130.000 30.82%
2008 3.199.192.000 17.32%
2009 3.297.702.000 2.99%
2010 4.909.240.000 32.83%
2011 4.930.351.000 0.43%
2012 5.625.025.000 12.35%
2013 8.944.315.000 37.11%
2014 9.138.546.000 2.13%
2015 11.401.097.000 19.85%
2016 15.284.349.000 25.41%
2017 15.534.431.000 1.61%
2018 18.770.015.000 17.24%
2019 21.174.661.000 11.36%
2020 20.157.279.000 -5.05%
2021 24.442.884.000 17.53%
2022 26.151.299.000 6.53%
2023 24.482.535.000 -6.82%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Texhong Textile Group Limited Liabilities
Year Liabilities Growth
2003 342.488.000
2004 417.355.000 17.94%
2005 645.454.000 35.34%
2006 968.251.000 33.34%
2007 1.569.379.000 38.3%
2008 1.970.810.000 20.37%
2009 1.811.037.000 -8.82%
2010 2.700.065.000 32.93%
2011 2.858.448.000 5.54%
2012 3.066.816.000 6.79%
2013 5.563.897.000 44.88%
2014 5.683.914.000 2.11%
2015 7.462.528.000 23.83%
2016 10.092.905.000 26.06%
2017 9.558.718.000 -5.59%
2018 11.933.193.000 19.9%
2019 13.075.286.000 8.73%
2020 11.684.541.000 -11.9%
2021 13.841.932.000 15.59%
2022 16.049.823.000 13.76%
2023 15.047.323.000 -6.66%

Texhong Textile Group Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
25.93
Net Income per Share
0.17
Price to Earning Ratio
22.24x
Price To Sales Ratio
0.15x
POCF Ratio
2.15
PFCF Ratio
-7.47
Price to Book Ratio
0.37
EV to Sales
0.44
EV Over EBITDA
6.82
EV to Operating CashFlow
6.44
EV to FreeCashFlow
-22.36
Earnings Yield
0.04
FreeCashFlow Yield
-0.13
Market Cap
3,49 Bil.
Enterprise Value
10,44 Bil.
Graham Number
6.31
Graham NetNet
-7.92

Income Statement Metrics

Net Income per Share
0.17
Income Quality
9.47
ROE
0.02
Return On Assets
-0.06
Return On Capital Employed
-0.08
Net Income per EBT
0.87
EBT Per Ebit
1.51
Ebit per Revenue
-0.06
Effective Tax Rate
-0.14

Margins

Sales, General, & Administrative to Revenue
0.06
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.02
Operating Profit Margin
-0.06
Pretax Profit Margin
-0.08
Net Profit Margin
-0.07

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
4.89
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
1.76
Free CashFlow per Share
-0.51
Capex to Operating CashFlow
-1.29
Capex to Revenue
-0.09
Capex to Depreciation
-2.03
Return on Invested Capital
0.04
Return on Tangible Assets
0.01
Days Sales Outstanding
43.68
Days Payables Outstanding
79.72
Days of Inventory on Hand
131.61
Receivables Turnover
8.36
Payables Turnover
4.58
Inventory Turnover
2.77
Capex per Share
-2.27

Balance Sheet

Cash per Share
3,10
Book Value per Share
10,35
Tangible Book Value per Share
9.53
Shareholders Equity per Share
10.35
Interest Debt per Share
10.67
Debt to Equity
0.99
Debt to Assets
0.36
Net Debt to EBITDA
4.54
Current Ratio
1.12
Tangible Asset Value
8,75 Bil.
Net Current Asset Value
-2,42 Bil.
Invested Capital
0.99
Working Capital
1,46 Bil.
Intangibles to Total Assets
0.05
Average Receivables
3,00 Bil.
Average Payables
4,59 Bil.
Average Inventory
7370886000
Debt to Market Cap
2.7

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Texhong Textile Group Limited Dividends
Year Dividends Growth
2006 0
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 1 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 1 0%
2022 1 0%

Texhong Textile Group Limited Profile

About Texhong Textile Group Limited

Texhong Textile Group Limited, an investment holding company, primarily manufactures and sells yarns, grey fabrics, and non-woven and garment fabrics. It also offers dyed clothes and dresses, dyed and denim fabrics, finished woven fabrics, threads, textile knitting products, special textile for construction, decoration products, and garments. In addition, the company processes cotton; and trades in textile products. It sells its products in the People's Republic of China, Vietnam, Turkey, North America, Europe, Brazil, Bangladesh, Japan, South Korea, and internationally. The company was founded in 1997 and is headquartered in Tsuen Wan, Hong Kong.

CEO
Mr. Yongxiang Zhu
Employee
30.492
Address
Cable TV Tower
Tsuen Wan,

Texhong Textile Group Limited Executives & BODs

Texhong Textile Group Limited Executives & BODs
# Name Age
1 Ms. Sau Mei Ng ACIS, ACS, FCIS, FCS
Company Secretary
70
2 Mr. Tianzhu Hong
Executive Chairman
70
3 Mr. Yongxiang Zhu
Chief Executive Officer & Executive Vice-Chairman
70

Texhong Textile Group Limited Competitors