1968 Stock Overview
Designs, manufactures, and sells woven denim fabrics in Hong Kong and the People’s Republic of China.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
Hingtex Holdings Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$0.13 |
| 52 Week High | HK$0.30 |
| 52 Week Low | HK$0.09 |
| Beta | 0.66 |
| 11 Month Change | -3.76% |
| 3 Month Change | -20.00% |
| 1 Year Change | -32.28% |
| 33 Year Change | -28.89% |
| 5 Year Change | -70.23% |
| 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
We Think Hingtex Holdings Limited's (HKG:1968) CEO Compensation Package Needs To Be Put Under A Microscope
May 21Recent updates
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 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 | -0.8% | -2.9% | -1.9% |
| 1Y | -32.3% | -20.8% | -6.7% |
Return vs Industry: 1968 underperformed the Hong Kong Luxury industry which returned -20.8% over the past year.
Return vs Market: 1968 underperformed the Hong Kong Market which returned -6.7% over the past year.
Price Volatility
| 1968 volatility | |
|---|---|
| 1968 Average Weekly Movement | 9.6% |
| Luxury Industry Average Movement | 6.2% |
| Market Average Movement | 6.7% |
| 10% most volatile stocks in HK Market | 14.1% |
| 10% least volatile stocks in HK Market | 3.6% |
Stable Share Price: 1968's share price has been volatile over the past 3 months.
Volatility Over Time: 1968's weekly volatility has decreased from 16% to 10% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1981 | 317 | 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$81.92m |
| Earnings (TTM) | -HK$37.80m |
| Revenue (TTM) | HK$162.88m |
0.5x
P/S Ratio-2.2x
P/E RatioIs 1968 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 1968 income statement (TTM) | |
|---|---|
| Revenue | HK$162.88m |
| Cost of Revenue | HK$141.19m |
| Gross Profit | HK$21.70m |
| Other Expenses | HK$59.50m |
| Earnings | -HK$37.80m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.059 |
| Gross Margin | 13.32% |
| Net Profit Margin | -23.21% |
| Debt/Equity Ratio | 10.5% |
How did 1968 perform over the long term?
See historical performance and comparison