Texhong Textile Group Limited, an investment holding company, primarily manufactures and sells yarns, grey fabrics, and garment fabrics. More Details
Very undervalued with reasonable growth potential.
Share Price & News
How has Texhong Textile Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TTXT.F has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: TTXT.F underperformed the US Luxury industry which returned 18.6% over the past year.
Return vs Market: TTXT.F underperformed the US Market which returned 21.4% over the past year.
Price Volatility Vs. Market
How volatile is Texhong Textile Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Texhong Textile Group 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: TTXT.F ($0.71) is trading below our estimate of fair value ($2.84)
Significantly Below Fair Value: TTXT.F is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TTXT.F is good value based on its PE Ratio (11.2x) compared to the US Luxury industry average (31.6x).
PE vs Market: TTXT.F is good value based on its PE Ratio (11.2x) compared to the US market (19.1x).
Price to Earnings Growth Ratio
PEG Ratio: TTXT.F is good value based on its PEG Ratio (0.2x)
Price to Book Ratio
PB vs Industry: TTXT.F is good value based on its PB Ratio (0.6x) compared to the US Luxury industry average (1.2x).
How is Texhong Textile Group forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TTXT.F's forecast earnings growth (49% per year) is above the savings rate (2.2%).
Earnings vs Market: TTXT.F's earnings (49% per year) are forecast to grow faster than the US market (23.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TTXT.F's revenue (11% per year) is forecast to grow faster than the US market (9.7% per year).
High Growth Revenue: TTXT.F's revenue (11% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TTXT.F's Return on Equity is forecast to be low in 3 years time (15.9%).
How has Texhong Textile Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TTXT.F has high quality earnings.
Growing Profit Margin: TTXT.F's current net profit margins (2.1%) are lower than last year (5%).
Past Earnings Growth Analysis
Earnings Trend: TTXT.F's earnings have grown by 3.3% per year over the past 5 years.
Accelerating Growth: TTXT.F's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TTXT.F had negative earnings growth (-59%) over the past year, making it difficult to compare to the Luxury industry average (-41.2%).
Return on Equity
High ROE: TTXT.F's Return on Equity (5.7%) is considered low.
How is Texhong Textile Group's financial position?
Financial Position Analysis
Short Term Liabilities: TTXT.F's short term assets (CN¥11.8B) exceed its short term liabilities (CN¥9.8B).
Long Term Liabilities: TTXT.F's short term assets (CN¥11.8B) exceed its long term liabilities (CN¥5.2B).
Debt to Equity History and Analysis
Debt Level: TTXT.F's debt to equity ratio (126.1%) is considered high.
Reducing Debt: TTXT.F's debt to equity ratio has increased from 83% to 126.1% over the past 5 years.
Debt Coverage: TTXT.F's debt is well covered by operating cash flow (24.1%).
Interest Coverage: TTXT.F's interest payments on its debt are not well covered by EBIT (2.7x coverage).
What is Texhong Textile Group current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TTXT.F's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TTXT.F's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TTXT.F's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TTXT.F's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: TTXT.F is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TTXT.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Yongxiang Zhu (54 yo)
Mr. Yongxiang Zhu serves as Vice-Chairman of Texhong Textile Group Ltd. Also serves as Chief Executive Officer since October 10, 2011 and has has been an Executive Director at Texhong Textile Group Ltd. Si ...
CEO Compensation Analysis
Compensation vs Market: Yongxiang's total compensation ($USD125.41K) is below average for companies of similar size in the US market ($USD3.02M).
Compensation vs Earnings: Yongxiang's compensation has been consistent with company performance over the past year.
|Founder & Executive Chairman||no data||CN¥2.59m||43.52% |
|CEO & Executive Vice-Chairman||no data||CN¥861.00k||7.43% |
|COO & Executive Director||15.75yrs||CN¥5.00m||0.063% |
|Executive Director||5yrs||CN¥2.46m||no data|
|Financial Consultant||5.42yrs||CN¥3.89m||no data|
|Independent Non-Executive Director||15.75yrs||CN¥269.00k||no data|
|Independent Non-Executive Director||15.75yrs||CN¥134.00k||no data|
|Independent Non-Executive Director||6.42yrs||CN¥161.00k||no data|
Experienced Board: TTXT.F's board of directors are seasoned and experienced ( 11.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if 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.
Texhong Textile Group Limited's company bio, employee growth, exchange listings and data sources
- Name: Texhong Textile Group Limited
- Ticker: TTXT.F
- Exchange: OTCPK
- Founded: 1997
- Industry: Textiles
- Sector: Consumer Durables
- Market Cap: HK$5.353b
- Listing Market Cap: HK$690.644m
- Shares outstanding: 915.00m
- Website: https://www.texhong.com
Number of Employees
- Texhong Textile Group Limited
- Cable TV Tower
- Room 03
- Tsuen Wan
- New Territories
- Hong Kong
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|2678||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Dec 2004|
|TTXT.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Dec 2004|
|2678||SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)||Yes||Ordinary Shares||HK||HKD||Dec 2004|
Texhong Textile Group Limited, an investment holding company, primarily manufactures and sells yarns, grey fabrics, and garment fabrics. It also offers dyed clothes and dress, dyed and denim fabrics, finis ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/29 05:58|
|End of Day Share Price||2020/06/01 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.