Hingtex Holdings Ltd. (1968) AI Stock Analysis

• Market Cap: HK$66.56M
• Dividend Yield: N/A
• Average Volume (3M): 32.40K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.34
• Revenue Growth: 31.79%
• EPS Growth: 7.61%
• Country: HK
• Employees: 346
• Sector: Consumer Cyclical
• Sector Strength: 65
• Industry: Apparel - Manufacturers
• EPS (TTM): -0.03
• Shares Outstanding: 640,000,000
• 10 Day Avg. Volume: 10,800
• 30 Day Avg. Volume: 32,400
• PEG Ratio: N/A
• Price to Book (P/B): 0.27
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -6.12
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 45 Neutral
• Price Target: HK$0.00 ▼(-100.00%Downside)

Hingtex Holdings Ltd.'s overall stock score is primarily influenced by its challenging financial performance, marked by declining revenues and negative profitability. The stock's technical indicators are stable, providing some support, but the lack of positive valuation metrics and the absence of dividend yield diminish its attractiveness to investors.

Hingtex Holdings Ltd. Business Overview & Revenue Model

Company Description

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. The company was founded in 1981 and is headquartered in Zhongshan, the People's Republic of China. Hingtex Holdings Limited is a subsidiary of Manford Investment Holdings Limited.

How the Company Makes Money

Hingtex Holdings Ltd. generates revenue primarily through the sale of its denim fabrics. The company designs and manufactures a wide range of denim products, which it sells to clothing brands and retailers around the world. Key revenue streams include direct sales to fashion companies, as well as partnerships with major retailers who integrate Hingtex's denim into their product lines. The company's focus on innovation and sustainability in denim production has also positioned it favorably within the industry, potentially leading to premium pricing for its specialized products.

Hingtex Holdings Ltd. Financial Statement Overview

Summary

Hingtex Holdings Ltd. faces significant financial challenges with declining revenues and persistent losses, highlighting operational inefficiencies. The company's strong equity position relative to debt is overshadowed by struggles in profitability and cash generation, raising concerns about long-term financial health.

Income Statement

Hingtex Holdings Ltd. has experienced a decline in revenue over recent years, with a significant drop from 2019 to 2024. Gross profit margins have decreased, and the company has faced consistent net losses. The negative EBIT and EBITDA margins indicate operational challenges.

Balance Sheet

The company maintains a relatively strong equity position compared to its total assets, with a decrease in total assets over time. The Debt-to-Equity ratio remains low, suggesting manageable leverage. However, declining equity due to continued losses is a concern.

Cash Flow

Hingtex Holdings Ltd. has shown inconsistent operating cash flows and negative free cash flows in several years, indicating cash generation issues. The inability to generate positive free cash flow consistently poses a liquidity risk. The lack of free cash flow growth further exacerbates this issue.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	214.67M	162.88M	245.18M	363.00M	255.44M
Gross Profit	33.42M	21.70M	18.89M	65.36M	23.80M
EBITDA	-23.56M	-25.00M	-33.38M	8.26M	-29.27M
Net Income	-34.95M	-37.80M	-49.96M	-11.91M	-41.03M
Balance Sheet
Total Assets	331.70M	343.18M	394.42M	504.01M	518.67M
Cash, Cash Equivalents and Short-Term Investments	46.19M	60.74M	84.69M	119.87M	160.88M
Total Debt	38.40M	32.43M	40.39M	52.94M	74.24M
Total Liabilities	90.98M	67.51M	80.94M	140.58M	143.33M
Stockholders Equity	240.72M	275.67M	313.47M	363.43M	375.34M
Cash Flow
Free Cash Flow	-10.65M	-17.95M	5.08M	-14.07M	7.15M
Operating Cash Flow	-9.72M	-14.45M	8.17M	-5.98M	15.21M
Investing Cash Flow	688.00K	444.00K	-18.99M	-7.78M	1.59M
Financing Cash Flow	-5.52M	-9.95M	-24.35M	-27.26M	-14.42M

Hingtex Holdings Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.10
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1968, the sentiment is Positive. The current price of 0.1 is above the 20-day moving average (MA) of 0.10, above the 50-day MA of 0.10, and below the 200-day MA of 0.10, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 53.76 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1968.

Hingtex Holdings Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1425	76 Outperform	HK$900.00M	5.28	21.91%	7.78%	-4.16%	-2.85%
1749	70 Outperform	HK$129.40M	3.60	12.55%	9.00%	-6.75%	3.61%
1433	67 Neutral	HK$176.00M	2.84	28.06%	8.52%	48.01%	―
Sector *	62 Neutral	$16.79B	10.79	-7.01%	3.04%	1.73%	-25.15%
1906	54 Neutral	HK$529.60M	―	-5.04%	―	46.93%	63.40%
1968	45 Neutral	HK$66.56M	―	-13.54%	―	31.79%	7.61%
3778	45 Neutral	HK$457.11M	―	-1.72%	―	14.05%	56.22%

Hingtex Holdings Ltd. Corporate Events

Hingtex Holdings Secures Shareholder Approval for AGM Resolutions

Hingtex Holdings Limited announced that all resolutions proposed at their Annual General Meeting on May 30, 2025, were passed by shareholders through poll voting. The resolutions included the adoption of financial statements, re-election of directors, authorization of directors’ remuneration, re-appointment of auditors, and granting of mandates to issue and repurchase shares. This successful approval of resolutions reflects strong shareholder support and positions the company to continue its strategic initiatives and governance practices.

Hingtex Holdings Announces 2025 Annual General Meeting Agenda

Hingtex Holdings Limited has announced its upcoming annual general meeting scheduled for May 30, 2025, in Hong Kong. The meeting will address several key resolutions, including the adoption of the company’s financial statements for 2024, the re-election of directors, and the re-appointment of Ernst & Young as auditors. Additionally, the board seeks approval to issue new shares, which could impact the company’s capital structure and shareholder value.