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Hingtex Holdings

SEHK:1968
Snowflake Description

Adequate balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
1968
SEHK
HK$294M
Market Cap
  1. Home
  2. HK
  3. Consumer Durables
Company description

Hingtex Holdings Limited designs, manufactures, and sells denim fabrics. The last earnings update was 26 days ago. More info.


Add to Portfolio Compare Print
  • Hingtex Holdings has significant price volatility in the past 3 months.
1968 Share Price and Events
7 Day Returns
-3.2%
SEHK:1968
-5%
HK Luxury
-3.5%
HK Market
1 Year Returns
-
SEHK:1968
-14.4%
HK Luxury
-16.8%
HK Market
1968 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Hingtex Holdings (1968) -3.2% -10.8% -20.2% - - -
HK Luxury -5% -7.6% -0.7% -14.4% 18.1% 1.1%
HK Market -3.5% -9.6% -4.2% -16.8% 24.6% 7.2%
1 Year Return vs Industry and Market
  • No trading data on 1968.
  • No trading data on 1968.
Price Volatility
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Hingtex Holdings's competitors could be found in our database.

1968 Value

 Is Hingtex Holdings undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Hingtex Holdings. This is due to cash flow or dividend data being unavailable. The share price is HK$0.455.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Hingtex Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Hingtex Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:1968 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in HKD HK$0.13
SEHK:1968 Share Price ** SEHK (2019-05-21) in HKD HK$0.46
Hong Kong Luxury Industry PE Ratio Median Figure of 77 Publicly-Listed Luxury Companies 10.03x
Hong Kong Market PE Ratio Median Figure of 1,477 Publicly-Listed Companies 11.08x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Hingtex Holdings.

SEHK:1968 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:1968 Share Price ÷ EPS (both in HKD)

= 0.46 ÷ 0.13

3.46x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Hingtex Holdings is good value based on earnings compared to the HK Luxury industry average.
  • Hingtex Holdings is good value based on earnings compared to the Hong Kong market.
Price based on expected Growth
Does Hingtex Holdings's expected growth come at a high price?
Raw Data
SEHK:1968 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 3.46x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
0.8%per year
Hong Kong Luxury Industry PEG Ratio Median Figure of 23 Publicly-Listed Luxury Companies 0.85x
Hong Kong Market PEG Ratio Median Figure of 463 Publicly-Listed Companies 0.79x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Hingtex Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Hingtex Holdings's assets?
Raw Data
SEHK:1968 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in HKD HK$0.67
SEHK:1968 Share Price * SEHK (2019-05-21) in HKD HK$0.46
Hong Kong Luxury Industry PB Ratio Median Figure of 122 Publicly-Listed Luxury Companies 1.07x
Hong Kong Market PB Ratio Median Figure of 2,156 Publicly-Listed Companies 0.97x
SEHK:1968 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:1968 Share Price ÷ Book Value per Share (both in HKD)

= 0.46 ÷ 0.67

0.68x

* Primary Listing of Hingtex Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Hingtex Holdings is good value based on assets compared to the HK Luxury industry average.
X
Value checks
We assess Hingtex Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Luxury industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Luxury industry average (and greater than 0)? (1 check)
  5. Hingtex Holdings has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

1968 Future Performance

 How is Hingtex Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Hingtex Holdings, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
0.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Hingtex Holdings expected to grow at an attractive rate?
  • Hingtex Holdings's earnings growth is positive but not above the low risk savings rate of 2%.
Growth vs Market Checks
  • Hingtex Holdings's earnings growth is expected to exceed the Hong Kong market average.
  • Unable to compare Hingtex Holdings's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:1968 Future Growth Rates Data Sources
Data Point Source Value (per year)
SEHK:1968 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 0.8%
Hong Kong Luxury Industry Earnings Growth Rate Market Cap Weighted Average 15.9%
Hong Kong Luxury Industry Revenue Growth Rate Market Cap Weighted Average 11.5%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average -5.7%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 10.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SEHK:1968 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in HKD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:1968 Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2018-12-31 641 -70 73
2018-09-30 646 -43 88
2018-06-30 652 -15 103
2018-03-31 650 29 115
2017-12-31 648 73 126
2016-12-31 475 37 92

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Hingtex Holdings's earnings are expected to grow by 0.8% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Hingtex Holdings is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SEHK:1968 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Hingtex Holdings Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:1968 Past Financials Data
Date (Data in HKD Millions) EPS *
2018-12-31 0.13
2018-09-30 0.17
2018-06-30 0.21
2018-03-31 0.24
2017-12-31 0.26
2016-12-31

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Hingtex Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Hingtex Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Hong Kong market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Hong Kong market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Hingtex Holdings has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

1968 Past Performance

  How has Hingtex Holdings performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Hingtex Holdings's growth in the last year to its industry (Luxury).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Insufficient data to establish if Hingtex Holdings's year on year earnings growth rate was positive over the past 5 years.
  • Hingtex Holdings's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Hingtex Holdings's 1-year earnings growth is negative, it can't be compared to the HK Luxury industry average.
Earnings and Revenue History
Hingtex Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Hingtex Holdings Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:1968 Past Revenue, Cash Flow and Net Income Data
Date (Data in HKD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 640.72 72.80 94.81
2018-09-30 646.37 87.74 92.92
2018-06-30 652.02 102.69 90.86
2018-03-31 650.12 114.58 87.60
2017-12-31 648.22 126.48 84.51
2016-12-31 475.04 91.85 62.63
2015-12-31 400.56 103.96 58.09

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Hingtex Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Hingtex Holdings used its assets more efficiently than the HK Luxury industry average last year based on Return on Assets.
  • Hingtex Holdings has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Hingtex Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Luxury industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Hingtex Holdings has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

1968 Health

 How is Hingtex Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Hingtex Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Hingtex Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Hingtex Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Hingtex Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 4.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Hingtex Holdings Company Filings, last reported 4 months ago.

SEHK:1968 Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 429.03 113.81 185.14
2018-09-30 429.03 113.81 185.14
2018-06-30 247.39 97.76 30.99
2018-03-31 247.39 97.76 30.99
2017-12-31 290.49 83.73 153.96
2016-12-31 454.72 39.81 111.43
2015-12-31 383.26 60.51 126.05
  • Hingtex Holdings's level of debt (26.5%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Hingtex Holdings's debt level has increased without past 5-year debt data.
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are well covered by earnings (EBIT is 53.4x coverage).
X
Financial health checks
We assess Hingtex Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Hingtex Holdings has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

1968 Dividends

 What is Hingtex Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
4.4%
Current annual income from Hingtex Holdings dividends.
If you bought HK$2,000 of Hingtex Holdings shares you are expected to receive HK$88 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Hingtex Holdings's pays a higher dividend yield than the bottom 25% of dividend payers in Hong Kong (2.09%).
  • Hingtex Holdings's dividend is below the markets top 25% of dividend payers in Hong Kong (5.75%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SEHK:1968 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Hong Kong Luxury Industry Average Dividend Yield Market Cap Weighted Average of 57 Stocks 2.9%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 968 Stocks 3.6%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.2%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 2.1%
Hong Kong Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SEHK:1968 Past Annualized Dividends Data
Date (Data in HK$) Dividend per share (annual) Avg. Yield (%)
2019-04-25 0.020 4.103
2019-03-28 0.020 3.732

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • It is too early to tell whether Hingtex Holdings has stable dividend payments.
  • Hingtex Holdings only just started paying a dividend, it is too early to tell if payments are increasing.
Current Payout to shareholders
What portion of Hingtex Holdings's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (6.6x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Hingtex Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Hingtex Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Hingtex Holdings has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

1968 Management

 What is the CEO of Hingtex Holdings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Stephen Tung
AGE 47
TENURE AS CEO 1.3 years
CEO Bio

Mr. Tung Wai Ting, also known as Stephen, is Chief Executive Officer of Hingtex Holdings Limited since 16 January, 2018 and its Executive Director since November 3, 2017. Mr. Stephen Tung has approximately 22 years of experience in the textile and apparel industry. He joined our Group on 6 October 1995 and is primarily responsible for administration, finance and production of our Group. Prior to joining our Group in 1995, Mr. Stephen Tung worked in the Asia Financial Asset Services Division at the State Street Bank and Trust Company, an institution which provides financial services to investors and manages financial assets, from 1993 to 1995 with his last position being senior portfolio administrator and was responsible for managing different types of funds. As at the Latest Practicable Date, Mr. Stephen Tung was the Honorary director of the Origin Charity Foundation, the director of the supervisory board of the Hong Kong Ning Po Residents Association* (???????) and the vice chairman of the Hong Kong Ning Po Yin Zhou Association Limited* (?????????????). Mr. Stephen Tung obtained a Bachelor of Commerce degree at the University of Toronto in Canada in June 1993.

CEO Compensation
  • Insufficient data for Stephen to compare compensation growth.
  • Insufficient data for Stephen to establish whether their remuneration is reasonable compared to companies of similar size in Hong Kong.
Management Team Tenure

Average tenure and age of the Hingtex Holdings management team in years:

1.3
Average Tenure
45
Average Age
  • The average tenure for the Hingtex Holdings management team is less than 2 years, this suggests a new team.
Management Team

Stephen Tung

TITLE
Executive Director & CEO
AGE
47
TENURE
1.3 yrs

Ka Cheung

TITLE
CFO & Company Secretary
AGE
35
TENURE
1.3 yrs

Poon Yuet Ling

TITLE
Senior Accounting Manager
AGE
58
TENURE
22.8 yrs

Stanley Tung

TITLE
Executive Director & Sales Director
AGE
43
Board of Directors Tenure

Average tenure and age of the Hingtex Holdings board of directors in years:

1.1
Average Tenure
46.5
Average Age
  • The average tenure for the Hingtex Holdings board of directors is less than 3 years, this suggests a new board.
Board of Directors

Tsun Hong Tung

TITLE
Chairman & Executive Director
AGE
76
TENURE
1.3 yrs

Stephen Tung

TITLE
Executive Director & CEO
AGE
47
TENURE
1.5 yrs

Stanley Tung

TITLE
Executive Director & Sales Director
AGE
43
TENURE
1.5 yrs

Gilbert Tsang

TITLE
Independent Non-Executive Director
AGE
47
TENURE
0.9 yrs

Clarence Leung

TITLE
Independent Non-Executive Director
AGE
39
TENURE
0.9 yrs

Richard Cheung

TITLE
Independent Non-Executive Director
AGE
46
TENURE
0.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
X
Management checks
We assess Hingtex Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Hingtex Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

1968 News

Simply Wall St News

Consider This Before Buying Hingtex Holdings Limited (HKG:1968) For The 3.7% Dividend

Hingtex Holdings Limited (HKG:1968) has started paying a dividend to shareholders. … Does Hingtex Holdings tick all the boxes of a great dividend stock? … How I analyze a dividend stock

Simply Wall St -

What You Must Know About Hingtex Holdings Limited's (HKG:1968) Financial Strength

However, an important fact which most ignore is: how financially healthy is the business? … Assessing first and foremost the financial health is. … Here are few basic financial health checks you should consider before taking the plunge.

Simply Wall St -

Is Hingtex Holdings Limited's (HKG:1968) ROE Of 42% Impressive?

To keep the lesson grounded in practicality, we'll use ROE to better understand Hingtex Holdings Limited (HKG:1968). … Over the last twelve months Hingtex Holdings has recorded a ROE of 42%. … Check out our latest analysis for Hingtex Holdings?

Simply Wall St -

Should You Be Tempted To Buy Hingtex Holdings Limited (HKG:1968) At Its Current PE Ratio?

Hingtex Holdings Limited (HKG:1968) trades with a trailing P/E of 2.7, which is lower than the industry average of 10.7. … While 1968 might seem like an attractive stock to buy, it is important to understand the assumptions behind the P/E ratio before you make any investment decisions. … View our latest analysis for Hingtex Holdings

Simply Wall St -

1968 Company Info

Description

Hingtex Holdings Limited designs, manufactures, and sells denim fabrics. It offers non-stretchable, stretchable cotton, and stretchable blended denim fabrics. The company was founded in 1981 and is headquartered in Zhongshan, the People’s Republic of China.

Details
Name: Hingtex Holdings Limited
1968
Exchange: SEHK
Founded: 1981
HK$294,400,000
640,000,000
Website: http://www.hwtextiles.com.hk
Address: Hingtex Holdings Limited
Gaoping Industrial Area,
Zhongshan,
Guangdong Province, China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 1968 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 16. Jul 2018
Number of employees
Current staff
Staff numbers
458
Hingtex Holdings employees.
Industry
Textiles
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/21 13:07
End of day share price update: 2019/05/21 00:00
Last earnings filing: 2019/04/25
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.