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Texhong Textile logo

2678 - Texhong Textile Share Price

HK$11.08 0.1  0.7%

Last Trade - 07/05/21

Sector
Consumer Cyclicals
Size
Mid Cap
Market Cap £942.0m
Enterprise Value £1.54bn
Revenue £2.18bn
Position in Universe 926th / 6096
Bullish
Bearish
Unlock 2678 Revenue
Momentum
Relative Strength (%)
1m -5.84%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -23.9%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
10,575 13,648 16,306 19,156 22,003 19,577 24,762 26,911 +13.1%
+74.6 +117.1 -17.1 +15.3 -39.2 -23.2 +150.8 +23.7
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the fiscal year ended 31 December 2020, TexhongTextile Group Ltd. revenues decreased 11% to RMB19.58B. Netincome decreased 41% to RMB517.1M. Revenues reflect GarmentFabrics and Garments segment decrease of 1% to RMB4.53B.Net income also reflects Garment Fabrics and Garmentssegment income decrease of 53% to RMB162.8M, Yarn segmentincome decrease of 15% to RMB782.2M, Grey Fabrics segmentincome decrease of 69% to RMB18.8M.
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2021
31st Dec 2022
Est. Long Term Growth Rate: Net Profit
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EPS
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2020 /  2021
2678 EPS Forecasts Unlock 2678 Revenue
Profile Summary

Texhong Textile Group Limited is an investment holding company principally engaged in the manufacture and sale of yarn, grey fabrics, garment fabrics and garments. The Company operates in three main geographical areas, Mainland China, Vietnam and Macao. Through its subsidiaries, the Company is also engaged in the manufacturing and sales of dyed cloth and the processing of cotton in Mainland China.

Directors
Last Annual December 31st, 2020
Last Interim December 31st, 2020
Incorporated July 12, 2004
Public Since December 9, 2004
No. of Shareholders: n/a
No. of Employees: 38,545
Sector Consumer Cyclicals
Industry Textiles & Apparel
Index Hang Seng Composite , Hang Seng Composite Mid & SmallCap , Hang Seng Composite SmallCap ,
Exchange Stock Exchange of Hong Kong Limited
Shares in Issue 917,000,000
Free Float (0.0%)
Eligible for
ISAs
SIPPs
+
Address Unit 18 7th Floor Lippo Sun Plaza, Hong Kong
Web http://www.texhong.com/
Phone +852 28770225
Contact ()
Auditors PricewaterhouseCoopers LLP
2678 Share Price Performance
Share Price
Bid - Ask
Low - High
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Latest News for 2678
Upcoming Events for 2678
Frequently Asked Questions for Texhong Textile
What is the Texhong Textile share price?

As of 07/05/21, shares in Texhong Textile are trading at HK$11.08, giving the company a market capitalisation of £942.0m. This share price information is delayed by 15 minutes.

How has the Texhong Textile share price performed this year?

Shares in Texhong Textile are currently trading at HK$11.08 and the price has moved by 0.109k% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Texhong Textile price has moved by 31.99% over the past year.

What are the analyst and broker recommendations for Texhong Textile?

Of the analysts with advisory recommendations for Texhong Textile, there are there are currently 1 "buy" , 0 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Texhong Textile is Buy. You can view the full broker recommendation list by unlocking its StockReport.

When will Texhong Textile next release its financial results?

Texhong Textile is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-12-31
What is the Texhong Textile dividend yield?

The Texhong Textile dividend yield is 1.83% based on the trailing twelve month period.

Does Texhong Textile pay a dividend?

Last year, Texhong Textile paid a total dividend of 0.17, and it currently has a trailing dividend yield of 1.83%. Looking ahead, Texhong Textile has not announced an ex-dividend date yet and the next dividend pay date is 2021-05-27.

When does Texhong Textile next pay dividends?

Texhong Textile has yet to annouce their ex-dividend date and the next dividend pay date is 2021-05-27. The historic dividend yield on Texhong Textile shares is currently 1.83%.

How do I buy Texhong Textile shares?

To buy shares in Texhong Textile you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Texhong Textile?

Shares in Texhong Textile are currently trading at HK$11.08, giving the company a market capitalisation of £942.0m.

Where are Texhong Textile shares listed? Where are Texhong Textile shares listed?

Here are the trading details for Texhong Textile:

Country of listing: Hong Kong
Exchange: HKG
Ticker Symbol: 2678
What kind of share is Texhong Textile?

Based on an overall assessment of its quality, value and momentum, Texhong Textile is currently classified as a Super Stock. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Texhong Textile share price forecast 2021?

Shares in Texhong Textile are currently priced at HK$11.08. At that level they are trading at 30.64% discount to the analyst consensus target price of 0.00.

Analysts covering Texhong Textile currently have a consensus Earnings Per Share (EPS) forecast of 1.479 for the next financial year.

How can I tell whether the Texhong Textile share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Texhong Textile. Over the past six months, the relative strength of its shares against the market has been 43.44%. At the current price of HK$11.08, shares in Texhong Textile are trading at 37.36% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Texhong Textile PE Ratio?

The Texhong Textile PE ratio based on its reported earnings over the past 12 months is 15.63. The shares are currently trading at HK$11.08.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Texhong Textile?

Texhong Textile's management team is headed by:

Tianzhu Hong - CHM
Yongxiang Zhu - CCE
Daoping Tang - COO
Longdi Cheng - NID
Leung Huel Ting - NID
Tao Sha - VPR
Zhiping Hu - VPR
Tsz Wai Hui - EDR
Xiaoming Tao - NID
Zhongliang Ji - EDR
Who are the major shareholders of Texhong Textile?

Here are the top five shareholders of Texhong Textile based on the size of their shareholding:

Hong (Tianzhu) Individual Investor
Percentage owned: 43.43% (398.2m shares)
Trade Partner Investments Ltd. Corporation
Percentage owned: 16.56% (151.9m shares)
Wisdom Grace Investments Ltd Corporation
Percentage owned: 7.42% (68.0m shares)
Hui (Ching Lau) Individual Investor
Percentage owned: 6.99% (64.1m shares)
Dimensional Fund Advisors, L.P. Investment Advisor/Hedge Fund
Percentage owned: 0.82% (7.53m shares)
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