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Hingtex Holdings SEHK:1968 Stock Report

Last Price

HK$0.13

Market Cap

HK$81.9m

7D

2.4%

1Y

-33.3%

Updated

03 Oct, 2024

Data

Company Financials

Hingtex Holdings Limited

SEHK:1968 Stock Report

Market Cap: HK$81.9m

1968 Stock Overview

Designs, manufactures, and sells woven denim fabrics in Hong Kong and the People’s Republic of China.

1968 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

Hingtex Holdings Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Hingtex Holdings
Historical stock prices
Current Share PriceHK$0.13
52 Week HighHK$0.22
52 Week LowHK$0.09
Beta0.58
11 Month Change10.34%
3 Month Change0%
1 Year Change-33.33%
33 Year Change-35.35%
5 Year Change-52.59%
Change since IPO-95.54%

Recent News & Updates

More Unpleasant Surprises Could Be In Store For Hingtex Holdings Limited's (HKG:1968) Shares After Tumbling 26%

Jul 17
More Unpleasant Surprises Could Be In Store For Hingtex Holdings Limited's (HKG:1968) Shares After Tumbling 26%

We Think Hingtex Holdings Limited's (HKG:1968) CEO Compensation Package Needs To Be Put Under A Microscope

May 21
We Think Hingtex Holdings Limited's (HKG:1968) CEO Compensation Package Needs To Be Put Under A Microscope

Recent updates

More Unpleasant Surprises Could Be In Store For Hingtex Holdings Limited's (HKG:1968) Shares After Tumbling 26%

Jul 17
More Unpleasant Surprises Could Be In Store For Hingtex Holdings Limited's (HKG:1968) Shares After Tumbling 26%

We Think Hingtex Holdings Limited's (HKG:1968) CEO Compensation Package Needs To Be Put Under A Microscope

May 21
We Think Hingtex Holdings Limited's (HKG:1968) CEO Compensation Package Needs To Be Put Under A Microscope

Hingtex Holdings Limited's (HKG:1968) Shares May Have Run Too Fast Too Soon

Jan 03
Hingtex Holdings Limited's (HKG:1968) Shares May Have Run Too Fast Too Soon

Calculating The Intrinsic Value Of Hingtex Holdings Limited (HKG:1968)

Nov 06
Calculating The Intrinsic Value Of Hingtex Holdings Limited (HKG:1968)

Is Hingtex Holdings (HKG:1968) Using Too Much Debt?

Sep 05
Is Hingtex Holdings (HKG:1968) Using Too Much Debt?

Is Hingtex Holdings (HKG:1968) Using Too Much Debt?

Sep 12
Is Hingtex Holdings (HKG:1968) Using Too Much Debt?

Shareholder Returns

1968HK LuxuryHK Market
7D2.4%15.8%8.7%
1Y-33.3%5.5%19.7%

Return vs Industry: 1968 underperformed the Hong Kong Luxury industry which returned 5.5% over the past year.

Return vs Market: 1968 underperformed the Hong Kong Market which returned 19.7% over the past year.

Price Volatility

Is 1968's price volatile compared to industry and market?
1968 volatility
1968 Average Weekly Movement11.0%
Luxury Industry Average Movement6.3%
Market Average Movement7.1%
10% most volatile stocks in HK Market14.7%
10% least volatile stocks in HK Market3.6%

Stable Share Price: 1968's share price has been volatile over the past 3 months compared to the Hong Kong market.

Volatility Over Time: 1968's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.

About the Company

FoundedEmployeesCEOWebsite
1981347Stephen Tungwww.hwtextiles.com.hk

Hingtex Holdings Limited designs, manufactures, and sells woven denim fabrics in Hong Kong and the People’s Republic of China. The company offers non-stretchable, stretchable cotton, and stretchable blended denim fabrics. It also provides sizing, dyeing, and finishing services on denim fabrics.

Hingtex Holdings Limited Fundamentals Summary

How do Hingtex Holdings's earnings and revenue compare to its market cap?
1968 fundamental statistics
Market capHK$81.92m
Earnings (TTM)-HK$35.48m
Revenue (TTM)HK$180.47m

0.5x

P/S Ratio

-2.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1968 income statement (TTM)
RevenueHK$180.47m
Cost of RevenueHK$154.90m
Gross ProfitHK$25.57m
Other ExpensesHK$61.06m
Earnings-HK$35.48m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.055
Gross Margin14.17%
Net Profit Margin-19.66%
Debt/Equity Ratio11.1%

How did 1968 perform over the long term?

See historical performance and comparison