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Texhong International Group SEHK:2678 Stock Report

Last Price

HK$3.87

Market Cap

HK$3.6b

7D

-2.5%

1Y

-8.5%

Updated

09 Jan, 2025

Data

Company Financials +

Texhong International Group Limited

SEHK:2678 Stock Report

Market Cap: HK$3.6b

2678 Stock Overview

An investment holding company, primarily manufactures and sells yarns, grey fabrics, and non-woven and garment fabrics. More details

2678 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth3/6
Past Performance2/6
Financial Health5/6
Dividends3/6

My Notes

Capture your thoughts, links and company narrative

Texhong International Group Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Texhong International Group
Historical stock prices
Current Share PriceHK$3.87
52 Week HighHK$5.21
52 Week LowHK$3.45
Beta1.05
1 Month Change-4.44%
3 Month Change-13.03%
1 Year Change-8.51%
3 Year Change-63.63%
5 Year Change-59.26%
Change since IPO245.54%

Recent News & Updates

Optimistic Investors Push Texhong International Group Limited (HKG:2678) Shares Up 25% But Growth Is Lacking

Sep 30
Optimistic Investors Push Texhong International Group Limited (HKG:2678) Shares Up 25% But Growth Is Lacking

Shareholders Will Be Pleased With The Quality of Texhong International Group's (HKG:2678) Earnings

Sep 27
Shareholders Will Be Pleased With The Quality of Texhong International Group's (HKG:2678) Earnings

Recent updates

Optimistic Investors Push Texhong International Group Limited (HKG:2678) Shares Up 25% But Growth Is Lacking

Sep 30
Optimistic Investors Push Texhong International Group Limited (HKG:2678) Shares Up 25% But Growth Is Lacking

Shareholders Will Be Pleased With The Quality of Texhong International Group's (HKG:2678) Earnings

Sep 27
Shareholders Will Be Pleased With The Quality of Texhong International Group's (HKG:2678) Earnings

Is There An Opportunity With Texhong International Group Limited's (HKG:2678) 33% Undervaluation?

Mar 21
Is There An Opportunity With Texhong International Group Limited's (HKG:2678) 33% Undervaluation?

Calculating The Intrinsic Value Of Texhong International Group Limited (HKG:2678)

Dec 09
Calculating The Intrinsic Value Of Texhong International Group Limited (HKG:2678)

Is Texhong International Group (HKG:2678) A Risky Investment?

Oct 04
Is Texhong International Group (HKG:2678) A Risky Investment?

What Is Texhong International Group Limited's (HKG:2678) Share Price Doing?

Aug 21
What Is Texhong International Group Limited's (HKG:2678) Share Price Doing?

Calculating The Fair Value Of Texhong International Group Limited (HKG:2678)

Jul 27
Calculating The Fair Value Of Texhong International Group Limited (HKG:2678)

Should You Think About Buying Texhong International Group Limited (HKG:2678) Now?

Mar 13
Should You Think About Buying Texhong International Group Limited (HKG:2678) Now?

Is Texhong Textile Group (HKG:2678) A Risky Investment?

Oct 28
Is Texhong Textile Group (HKG:2678) A Risky Investment?

Is Texhong Textile Group Limited (HKG:2678) Potentially Undervalued?

May 06
Is Texhong Textile Group Limited (HKG:2678) Potentially Undervalued?

Texhong Textile Group (HKG:2678) Has A Pretty Healthy Balance Sheet

Apr 08
Texhong Textile Group (HKG:2678) Has A Pretty Healthy Balance Sheet

Texhong Textile Group (HKG:2678) Is Increasing Its Dividend To HK$0.57

Mar 18
Texhong Textile Group (HKG:2678) Is Increasing Its Dividend To HK$0.57

Should You Investigate Texhong Textile Group Limited (HKG:2678) At HK$10.64?

Jan 13
Should You Investigate Texhong Textile Group Limited (HKG:2678) At HK$10.64?

Is Texhong Textile Group (HKG:2678) A Risky Investment?

Nov 26
Is Texhong Textile Group (HKG:2678) A Risky Investment?

What Does Texhong Textile Group Limited's (HKG:2678) Share Price Indicate?

Oct 07
What Does Texhong Textile Group Limited's (HKG:2678) Share Price Indicate?

Here's Why Texhong Textile Group (HKG:2678) Can Manage Its Debt Responsibly

Aug 26
Here's Why Texhong Textile Group (HKG:2678) Can Manage Its Debt Responsibly

Is Now An Opportune Moment To Examine Texhong Textile Group Limited (HKG:2678)?

Jun 15
Is Now An Opportune Moment To Examine Texhong Textile Group Limited (HKG:2678)?

These 4 Measures Indicate That Texhong Textile Group (HKG:2678) Is Using Debt Extensively

May 16
These 4 Measures Indicate That Texhong Textile Group (HKG:2678) Is Using Debt Extensively

Texhong Textile Group Limited (HKG:2678) Released Earnings Last Week And Analysts Lifted Their Price Target To CN¥9.61

Mar 16
Texhong Textile Group Limited (HKG:2678) Released Earnings Last Week And Analysts Lifted Their Price Target To CN¥9.61

Is Texhong Textile Group Limited (HKG:2678) Potentially Undervalued?

Mar 02
Is Texhong Textile Group Limited (HKG:2678) Potentially Undervalued?

Texhong Textile Group (HKG:2678) Has Gifted Shareholders With A Fantastic 127% Total Return On Their Investment

Feb 09
Texhong Textile Group (HKG:2678) Has Gifted Shareholders With A Fantastic 127% Total Return On Their Investment

Taking A Look At Texhong Textile Group Limited's (HKG:2678) ROE

Jan 19
Taking A Look At Texhong Textile Group Limited's (HKG:2678) ROE

Is Texhong Textile Group (HKG:2678) Using Too Much Debt?

Dec 29
Is Texhong Textile Group (HKG:2678) Using Too Much Debt?

What Kind Of Shareholders Hold The Majority In Texhong Textile Group Limited's (HKG:2678) Shares?

Dec 08
What Kind Of Shareholders Hold The Majority In Texhong Textile Group Limited's (HKG:2678) Shares?

Shareholder Returns

2678HK LuxuryHK Market
7D-2.5%-0.8%-4.3%
1Y-8.5%9.0%17.2%

Return vs Industry: 2678 underperformed the Hong Kong Luxury industry which returned 9% over the past year.

Return vs Market: 2678 underperformed the Hong Kong Market which returned 17.2% over the past year.

Price Volatility

Is 2678's price volatile compared to industry and market?
2678 volatility
2678 Average Weekly Movement5.0%
Luxury Industry Average Movement6.4%
Market Average Movement6.9%
10% most volatile stocks in HK Market14.6%
10% least volatile stocks in HK Market3.2%

Stable Share Price: 2678 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 2678's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199727,011Yongxiang Zhuwww.texhong.com

Texhong International Group Limited, an investment holding company, primarily manufactures and sells yarns, grey fabrics, and non-woven and garment fabrics. It also offers dyed clothes and dresses, cotton and cotton blend yarns, greige, dyed and finished woven fabrics, threads, textile knitting products, special textile for construction, decoration products, and garments. In addition, the company processes cotton; sells denim fabric and apparel, woven garment fabrics; and trades in textile products.

Texhong International Group Limited Fundamentals Summary

How do Texhong International Group's earnings and revenue compare to its market cap?
2678 fundamental statistics
Market capHK$3.57b
Earnings (TTM)HK$680.66m
Revenue (TTM)HK$24.59b

5.2x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2678 income statement (TTM)
RevenueCN¥23.17b
Cost of RevenueCN¥20.49b
Gross ProfitCN¥2.69b
Other ExpensesCN¥2.04b
EarningsCN¥641.44m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.70
Gross Margin11.59%
Net Profit Margin2.77%
Debt/Equity Ratio95.2%

How did 2678 perform over the long term?

See historical performance and comparison

Dividends

4.9%

Current Dividend Yield

13%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/09 09:45
End of Day Share Price 2025/01/09 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Texhong International Group Limited is covered by 14 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Haiyan GuoChina International Capital Corporation Limited
Yifu WangCredit Suisse
Hyungwook ChoiDaiwa Securities Co. Ltd.