1968 Stock Overview
Designs, manufactures, and sells woven denim fabrics in Hong Kong and the People’s Republic of China. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
Hingtex Holdings Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$0.11 |
| 52 Week High | HK$0.20 |
| 52 Week Low | HK$0.095 |
| Beta | 0.59 |
| 1 Month Change | -8.13% |
| 3 Month Change | -12.40% |
| 1 Year Change | -0.88% |
| 3 Year Change | -38.59% |
| 5 Year Change | -59.64% |
| Change since IPO | -96.06% |
Recent News & Updates
Health Check: How Prudently Does Hingtex Holdings (HKG:1968) Use Debt?
Nov 24
More Unpleasant Surprises Could Be In Store For Hingtex Holdings Limited's (HKG:1968) Shares After Tumbling 26%
Jul 17We Think Hingtex Holdings Limited's (HKG:1968) CEO Compensation Package Needs To Be Put Under A Microscope
May 21Recent updates
Health Check: How Prudently Does Hingtex Holdings (HKG:1968) Use Debt?
Nov 24More Unpleasant Surprises Could Be In Store For Hingtex Holdings Limited's (HKG:1968) Shares After Tumbling 26%
Jul 17We Think Hingtex Holdings Limited's (HKG:1968) CEO Compensation Package Needs To Be Put Under A Microscope
May 21Hingtex Holdings Limited's (HKG:1968) Shares May Have Run Too Fast Too Soon
Jan 03Calculating The Intrinsic Value Of Hingtex Holdings Limited (HKG:1968)
Nov 06Is Hingtex Holdings (HKG:1968) Using Too Much Debt?
Sep 05Is Hingtex Holdings (HKG:1968) Using Too Much Debt?
Sep 12Shareholder Returns
| 1968 | HK Luxury | HK Market | |
|---|---|---|---|
| 7D | -1.7% | -2.7% | -2.2% |
| 1Y | -0.9% | 6.7% | 18.3% |
Return vs Industry: 1968 underperformed the Hong Kong Luxury industry which returned 6.7% over the past year.
Return vs Market: 1968 underperformed the Hong Kong Market which returned 18.3% over the past year.
Price Volatility
| 1968 volatility | |
|---|---|
| 1968 Average Weekly Movement | 11.0% |
| Luxury Industry Average Movement | 7.3% |
| Market Average Movement | 8.9% |
| 10% most volatile stocks in HK Market | 18.7% |
| 10% least volatile stocks in HK Market | 4.1% |
Stable Share Price: 1968 has not had significant price volatility in 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.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1981 | 347 | Stephen Tung | www.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
| 1968 fundamental statistics | |
|---|---|
| Market cap | HK$72.32m |
| Earnings (TTM) | -HK$35.48m |
| Revenue (TTM) | HK$180.47m |
0.4x
P/S Ratio-2.0x
P/E RatioIs 1968 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 1968 income statement (TTM) | |
|---|---|
| Revenue | HK$180.47m |
| Cost of Revenue | HK$154.90m |
| Gross Profit | HK$25.57m |
| Other Expenses | HK$61.06m |
| Earnings | -HK$35.48m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.055 |
| Gross Margin | 14.17% |
| Net Profit Margin | -19.66% |
| Debt/Equity Ratio | 11.1% |
How did 1968 perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 19:23 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Hingtex Holdings Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|