New Risk • Apr 29
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.3% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (HK$147.2m market cap, or US$18.8m). Reported Earnings • Apr 04
Full year 2025 earnings released: HK$0.049 loss per share (vs HK$0.055 loss in FY 2024) Full year 2025 results: HK$0.049 loss per share (improved from HK$0.055 loss in FY 2024). Revenue: HK$221.2m (up 3.0% from FY 2024). Net loss: HK$31.3m (loss narrowed 10% from FY 2024). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • Mar 31
Hingtex Holdings Limited, Annual General Meeting, May 28, 2026 Hingtex Holdings Limited, Annual General Meeting, May 28, 2026, at 10:00 China Standard Time. Announcement • Mar 16
Hingtex Holdings Limited to Report Fiscal Year 2025 Results on Mar 30, 2026 Hingtex Holdings Limited announced that they will report fiscal year 2025 results on Mar 30, 2026 Board Change • Nov 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Non-Executive Chairlady Chung Chau Lau was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Sep 15
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.3% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (HK$105.0m market cap, or US$13.5m). Reported Earnings • Sep 03
First half 2025 earnings released: HK$0.016 loss per share (vs HK$0.027 loss in 1H 2024) First half 2025 results: HK$0.016 loss per share (improved from HK$0.027 loss in 1H 2024). Revenue: HK$108.3m (down 1.7% from 1H 2024). Net loss: HK$10.4m (loss narrowed 39% from 1H 2024). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • Aug 15
Hingtex Holdings Limited to Report First Half, 2025 Results on Aug 28, 2025 Hingtex Holdings Limited announced that they will report first half, 2025 results on Aug 28, 2025 Reported Earnings • Mar 30
Full year 2024 earnings released: HK$0.055 loss per share (vs HK$0.059 loss in FY 2023) Full year 2024 results: HK$0.055 loss per share (improved from HK$0.059 loss in FY 2023). Revenue: HK$214.7m (up 32% from FY 2023). Net loss: HK$35.0m (loss narrowed 7.5% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings. Announcement • Mar 29
Hingtex Holdings Limited, Annual General Meeting, May 30, 2025 Hingtex Holdings Limited, Annual General Meeting, May 30, 2025, at 10:00 China Standard Time. Announcement • Mar 14
Hingtex Holdings Limited to Report Fiscal Year 2024 Results on Mar 28, 2025 Hingtex Holdings Limited announced that they will report fiscal year 2024 results on Mar 28, 2025 New Risk • Jan 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 32% per year over the past 5 years. Market cap is less than US$10m (HK$64.6m market cap, or US$8.31m). Minor Risk Share price has been volatile over the past 3 months (10% average weekly change). Reported Earnings • Oct 01
First half 2024 earnings released: HK$0.027 loss per share (vs HK$0.03 loss in 1H 2023) First half 2024 results: HK$0.027 loss per share (improved from HK$0.03 loss in 1H 2023). Revenue: HK$110.1m (up 19% from 1H 2023). Net loss: HK$17.1m (loss narrowed 12% from 1H 2023). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Announcement • Aug 20
Hingtex Holdings Limited to Report Q2, 2024 Results on Aug 30, 2024 Hingtex Holdings Limited announced that they will report Q2, 2024 results on Aug 30, 2024 Reported Earnings • Apr 03
Full year 2023 earnings released: HK$0.059 loss per share (vs HK$0.078 loss in FY 2022) Full year 2023 results: HK$0.059 loss per share (improved from HK$0.078 loss in FY 2022). Revenue: HK$162.9m (down 34% from FY 2022). Net loss: HK$37.8m (loss narrowed 24% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Announcement • Mar 29
Hingtex Holdings Limited, Annual General Meeting, May 28, 2024 Hingtex Holdings Limited, Annual General Meeting, May 28, 2024, at 10:00 China Standard Time. Announcement • Mar 15
Hingtex Holdings Limited to Report Fiscal Year 2023 Results on Mar 28, 2024 Hingtex Holdings Limited announced that they will report fiscal year 2023 results on Mar 28, 2024 Buy Or Sell Opportunity • Feb 14
Now 89% overvalued after recent price rise Over the last 90 days, the stock has risen 103% to HK$0.20. The fair value is estimated to be HK$0.11, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 9.9% over the last 3 years. Earnings per share has declined by 15%. New Risk • Jan 29
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hong Kong stocks, typically moving 15% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 67% per year over the past 5 years. Minor Risk Market cap is less than US$100m (HK$81.3m market cap, or US$10.4m). Buy Or Sell Opportunity • Jan 23
Now 32% overvalued after recent price rise Over the last 90 days, the stock has risen 25% to HK$0.13. The fair value is estimated to be HK$0.10, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 9.9% over the last 3 years. Earnings per share has declined by 15%. New Risk • Oct 18
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$64.0m (US$8.18m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 67% per year over the past 5 years. Market cap is less than US$10m (HK$64.0m market cap, or US$8.18m). Announcement • Aug 18
Hingtex Holdings Limited to Report First Half, 2023 Results on Aug 31, 2023 Hingtex Holdings Limited announced that they will report first half, 2023 results on Aug 31, 2023 New Risk • Jul 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 72% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (HK$143.4m market cap, or US$18.4m). Reported Earnings • Mar 31
Full year 2022 earnings released: HK$0.078 loss per share (vs HK$0.019 loss in FY 2021) Full year 2022 results: HK$0.078 loss per share (further deteriorated from HK$0.019 loss in FY 2021). Revenue: HK$245.2m (down 33% from FY 2021). Net loss: HK$50.0m (loss widened 320% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Announcement • Oct 18
Hingtex Holdings Limited Appoints Lau Chung Chau as Non-Executive Director and Chairlady of the Board The board of directors of Hingtex Holdings Limited announced that Ms. Lau Chung Chau has been appointed as a non-executive director of the Company and the chairlady of the Board with effect from 17 October 2022. Ms. Lau, aged 74, has approximately 30 years of experience in the textile and apparel industry. Ms. Lau joined the Group in December 1992 by serving as a director of H.W. Textiles Co., Limited, being one of the subsidiaries of the Company. She has become an honorary consultant of the Group since January 2018. Ms. Lau is the mother of Mr. Tung Wai Ting Stephen and Mr. Tung Cheuk Ming Stanley, both being executive directors of the Company. Ms. Lau has entered into an appointment letter (the “Appointment Letter'') with the Company for an initial term of three years commencing on 17 October 2022, subject to early termination in accordance with the terms of the Appointment Letter and retirement provisions as stipulated under the articles of association of the Company (the “Articles'') and the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Listing Rules'') from time to time. Ms. Lau shall hold office until the first annual general meeting of the Company after her appointment and shall then be eligible for re-election at that meeting. Reported Earnings • Oct 03
First half 2022 earnings released: HK$0.039 loss per share (vs HK$0.004 loss in 1H 2021) First half 2022 results: HK$0.039 loss per share (further deteriorated from HK$0.004 loss in 1H 2021). Revenue: HK$142.8m (down 18% from 1H 2021). Net loss: HK$24.7m (loss widened HK$22.4m from 1H 2021). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Announcement • Sep 21
Hingtex Holdings Limited Announces Tung Tsun Hong, the Chairman and an Executive Director of the Company, Passed Away Hingtex Holdings Limited announces with deepest sorrow that Mr. Tung Tsun Hong (``Mr. Tung''), the chairman and an executive director of the Company, passed away today. The Board is deeply saddened by the passing away of Mr. Tung and conveys its heartfelt condolences to his family. On behalf of the Company, the Board wishes to express its sincere appreciation to Mr. Tung for his valuable contribution, leadership and guidance to the Group. The Board will remap its composition and further announcement(s) will be made as soon as practicable. Reported Earnings • Sep 02
First half 2022 earnings released: HK$0.039 loss per share (vs HK$0.004 loss in 1H 2021) First half 2022 results: HK$0.039 loss per share (down from HK$0.004 loss in 1H 2021). Revenue: HK$142.8m (down 18% from 1H 2021). Net loss: HK$24.7m (loss widened HK$22.4m from 1H 2021). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Announcement • Aug 17
Hingtex Holdings Limited to Report First Half, 2022 Results on Aug 30, 2022 Hingtex Holdings Limited announced that they will report first half, 2022 results on Aug 30, 2022 Announcement • Aug 10
Hingtex Holdings Limited Appoints Wong Ming Bun David as Independent Non-Executive Director The board of Hingtex Holdings Limited announced that Mr. Wong Ming Bun David has been appointed as an independent non-executive Director with effect from 9 August 2022. The biographical details of Mr. Wong are set out as follows: Mr. Wong, aged 49, obtained a Bachelor of Commerce degree in Accounting and Finance from the University of Toronto in June 1995. He is a member of the American Institute of Certified Public Accountants (AICPA) and the Hong Kong Institute of Certified Public Accountants (HKICPA), a Certified Management Accountant of the Institute of Management Accountants and a Certified ESG Planner of the International Chamber of Sustainable Development. Mr. Wong has over 20 years of senior management, professional capital market, financial investment and asset management experience. From 2005 to 2017, Mr. Wong was a senior vice president at Franklin Templeton Darby Private Equity responsible for deal origination, execution and monitoring and was involved in fundraising for regional growth capital funds with a primary focus on private credit and mezzanine financing in the People's Republic of China (the ``PRC'') and the Southeast Asia region. From 2000 to 2005, he was an equity research analyst in Citigroup Smith Barney's Asia Pacific Consumer Research team, covering a portfolio of listed companies in Hong Kong, Taiwan, South Korea, Indonesia, Singapore and Malaysia. From 1996 to 2000, Mr. Wong worked at PricewaterhouseCoopers focusing on banking and capital market assurance and business advisory services. Mr. Wong is currently a non-executive director of China Rongzhong Financial Holdings Company Limited (``China Rongzhong'', stock code: 3963), which is principally engaged in the business of provision of financial leasing services in the PRC. He is also the chief executive officer and an executive director of Goldbond Group Holdings Limited, a controlling shareholder of China Rongzhong, responsible for designing, planning and implementing the overall strategic direction of the company's financial services and Internet- of-Things businesses in the PRC. In accordance with the Articles, Mr. Wong will hold office until the first annual general meeting of the Company after his appointment and will be eligible for re-election at such meeting. The Board of the company is also to announced that Mr. Wong has been appointed as the chairman of each of the remuneration committee and nomination committee of the Company and a member of the audit committee of the Company, with effect from 9 August 2022. Announcement • Jul 26
Hingtex Holdings Limited Announces Resignation of Leung Wang Ching Clarence, J.P., Independent Non-Executive Director The board of directors of Hingtex Holdings Limited announced that Mr. Leung Wang Ching Clarence, J.P. (Mr. Leung) has resigned as an independent non-executive Director, and ceased to be the chairman of each of the remuneration committee and nomination committee of the Company and a member of the audit committee of the Company, with effect from 25 July 2022 as he would like to devote more time to his other commitments. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Independent Non-Executive Director Richard Cheung was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 06
Full year 2021 earnings released: HK$0.019 loss per share (vs HK$0.064 loss in FY 2020) Full year 2021 results: HK$0.019 loss per share (up from HK$0.064 loss in FY 2020). Revenue: HK$363.0m (up 42% from FY 2020). Net loss: HK$11.9m (loss narrowed 71% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance. Announcement • Apr 01
Hingtex Holdings Limited, Annual General Meeting, May 30, 2022 Hingtex Holdings Limited, Annual General Meeting, May 30, 2022, at 10:00 China Standard Time. Reported Earnings • Sep 05
First half 2021 earnings released: HK$0.004 loss per share (vs HK$0.041 loss in 1H 2020) The company reported a solid first half result with reduced losses, improved revenues and improved control over expenses. First half 2021 results: Revenue: HK$174.9m (up 55% from 1H 2020). Net loss: HK$2.33m (loss narrowed 91% from 1H 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance. Announcement • Mar 18
Hingtex Holdings Limited to Report Fiscal Year 2020 Results on Mar 29, 2021 Hingtex Holdings Limited announced that they will report fiscal year 2020 results on Mar 29, 2021 Is New 90 Day High Low • Jan 13
New 90-day high: HK$0.21 The company is up 21% from its price of HK$0.17 on 15 October 2020. The Hong Kong market is up 14% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Luxury industry, which is up 32% over the same period. Reported Earnings • Sep 26
First half earnings released Over the last 12 months the company has reported total losses of HK$34.5m, with earnings decreasing by HK$63.3m from the prior year. Total revenue was HK$347.3m over the last 12 months, down 34% from the prior year. Announcement • Aug 15
Hingtex Holdings Limited to Report First Half, 2020 Results on Aug 28, 2020 Hingtex Holdings Limited announced that they will report first half, 2020 results on Aug 28, 2020 