Texwinca Holdings Limited engages in the production, dyeing, and sale of knitted fabrics, yarns, and garments.
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$1.63|
|52 Week High||HK$1.13|
|52 Week Low||HK$2.11|
|1 Month Change||1.24%|
|3 Month Change||-5.23%|
|1 Year Change||30.40%|
|3 Year Change||-37.31%|
|5 Year Change||-69.82%|
|Change since IPO||169.42%|
Recent News & Updates
Should Shareholders Reconsider Texwinca Holdings Limited's (HKG:321) CEO Compensation Package?
Texwinca Holdings Limited ( HKG:321 ) has not performed well recently and CEO Kit Chung Ting will probably need to up...
|321||HK Luxury||HK Market|
Return vs Industry: 321 underperformed the Hong Kong Luxury industry which returned 56.8% over the past year.
Return vs Market: 321 exceeded the Hong Kong Market which returned 6% over the past year.
Stable Share Price: 321 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 321's weekly volatility (4%) has been stable over the past year.
About the Company
|1975||12,536||Kit Chung Ting||https://www.texwinca.com|
Texwinca Holdings Limited engages in the production, dyeing, and sale of knitted fabrics, yarns, and garments. The company offers finished knitted fabric products in single knit, double knit, velour and polar fleece, jacquard, spandex, stripe, and flat knit areas. It also provides dyed yarn products, such as ramie/cotton, rayon/cotton, acrylic/cotton, and polyester/cotton blend yarn dyed products, as well as cotton yarn dyed products.
Texwinca Holdings Fundamentals Summary
|321 fundamental statistics|
Is 321 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|321 income statement (TTM)|
|Cost of Revenue||HK$5.07b|
Last Reported Earnings
Mar 31, 2021
Next Earnings Date
|Earnings per share (EPS)||0.20|
|Net Profit Margin||3.73%|
How did 321 perform over the long term?See historical performance and comparison
12.3%Current Dividend Yield
Is Texwinca Holdings undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 321 (HK$1.63) is trading below our estimate of fair value (HK$6.65)
Significantly Below Fair Value: 321 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 321 is good value based on its PE Ratio (8.2x) compared to the Hong Kong Luxury industry average (9.1x).
PE vs Market: 321 is good value based on its PE Ratio (8.2x) compared to the Hong Kong market (9.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 321's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 321 is good value based on its PB Ratio (0.4x) compared to the HK Luxury industry average (0.8x).
How is Texwinca Holdings forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if 321's forecast earnings growth is above the savings rate (1.5%).
Earnings vs Market: Insufficient data to determine if 321's earnings are forecast to grow faster than the Hong Kong market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 321's revenue (10.2% per year) is forecast to grow slower than the Hong Kong market (12.5% per year).
High Growth Revenue: 321's revenue (10.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 321's Return on Equity is forecast to be low in 3 years time (7.9%).
How has Texwinca Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 321 has high quality earnings.
Growing Profit Margin: 321's current net profit margins (3.7%) are higher than last year (2.2%).
Past Earnings Growth Analysis
Earnings Trend: 321's earnings have declined by 36.6% per year over the past 5 years.
Accelerating Growth: 321's earnings growth over the past year (62.2%) exceeds its 5-year average (-36.6% per year).
Earnings vs Industry: 321 earnings growth over the past year (62.2%) exceeded the Luxury industry 40.3%.
Return on Equity
High ROE: 321's Return on Equity (5.1%) is considered low.
How is Texwinca Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 321's short term assets (HK$6.2B) exceed its short term liabilities (HK$2.9B).
Long Term Liabilities: 321's short term assets (HK$6.2B) exceed its long term liabilities (HK$468.2M).
Debt to Equity History and Analysis
Debt Level: 321's debt to equity ratio (15.8%) is considered satisfactory.
Reducing Debt: 321's debt to equity ratio has increased from 13.1% to 15.8% over the past 5 years.
Debt Coverage: 321's debt is well covered by operating cash flow (82.1%).
Interest Coverage: 321's interest payments on its debt are well covered by EBIT (112.1x coverage).
What is Texwinca Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 321's dividend (12.27%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.22%).
High Dividend: 321's dividend (12.27%) is in the top 25% of dividend payers in the Hong Kong market (6.77%)
Stability and Growth of Payments
Stable Dividend: 321's dividend payments have been volatile in the past 10 years.
Growing Dividend: 321's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (75.6%), 321's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 321's dividends in 3 years are not forecast to be well covered by earnings (124.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Kit Chung Ting (66 yo)
Mr. Kit Chung Ting has been the Chief Executive Officer of Texwinca Holdings Ltd. since June 17, 2013 and serves as its Head of Financial Management and General Administration. Mr. Ting is responsible for...
CEO Compensation Analysis
Compensation vs Market: Kit Chung's total compensation ($USD1.12M) is above average for companies of similar size in the Hong Kong market ($USD298.06K).
Compensation vs Earnings: Kit Chung's compensation has been consistent with company performance over the past year.
Experienced Board: 321's board of directors are seasoned and experienced ( 18.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 321 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Texwinca Holdings Limited's employee growth, exchange listings and data sources
- Name: Texwinca Holdings Limited
- Ticker: 321
- Exchange: SEHK
- Founded: 1975
- Industry: Textiles
- Sector: Consumer Durables
- Market Cap: HK$2.252b
- Shares outstanding: 1.38b
- Website: https://www.texwinca.com
Number of Employees
- Texwinca Holdings Limited
- Tower II
- Kwai Chung
- New Territories
- Hong Kong
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/24 10:06|
|End of Day Share Price||2021/10/22 00:00|
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.