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$0.099 |
| 52 Week High | HK$0.20 |
| 52 Week Low | HK$0.093 |
| Beta | 0.60 |
| 1 Month Change | -12.39% |
| 3 Month Change | -20.80% |
| 1 Year Change | -25.56% |
| 3 Year Change | -42.44% |
| 5 Year Change | -62.64% |
| Change since IPO | -96.55% |
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 | -4.8% | 2.3% | 3.4% |
| 1Y | -25.6% | 18.2% | 28.0% |
Return vs Industry: 1968 underperformed the Hong Kong Luxury industry which returned 18.2% over the past year.
Return vs Market: 1968 underperformed the Hong Kong Market which returned 28% over the past year.
Price Volatility
| 1968 volatility | |
|---|---|
| 1968 Average Weekly Movement | 9.6% |
| Luxury Industry Average Movement | 6.2% |
| Market Average Movement | 6.5% |
| 10% most volatile stocks in HK Market | 13.9% |
| 10% least volatile stocks in HK Market | 3.0% |
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 (10%) 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$63.36m |
| Earnings (TTM) | -HK$35.48m |
| Revenue (TTM) | HK$180.47m |
0.4x
P/S Ratio-1.8x
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 | 2025/01/21 01:03 |
| End of Day Share Price | 2025/01/21 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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 |
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