Hingtex Holdings Ltd. (HK:1968)
:1968
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Hingtex Holdings Ltd.
(1968)
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Rating:45Neutral
Price Target:
HK$0.14
▼(-15.88% Downside)
Action:Reiterated
Date:05/22/26
The score is held down primarily by persistent losses and negative operating/free cash flow, despite improving revenue and gross margin and a relatively manageable leverage profile. Technicals add pressure with the stock trading below key moving averages and negative MACD, while valuation is constrained by negative earnings and no provided dividend yield.
Positive Factors
Improving revenue trend
A sustained revenue rebound across 2024–2025 signals recovering end-market demand and improved order flow. That top-line momentum provides a necessary foundation for scaling operations, absorbing fixed costs, and creating a realistic pathway to durable profitability if cost structure improvements continue.
Negative Factors
Persistent operating losses
Ongoing negative EBIT and net losses across multiple years show the core business still fails to generate operating profits. Without sustained structural improvements to margins or cost base, continued losses will hinder reinvestment capacity and delay any durable return to shareholder profitability.
Read all positive and negative factors
Positive Factors
Negative Factors
Improving revenue trend
A sustained revenue rebound across 2024–2025 signals recovering end-market demand and improved order flow. That top-line momentum provides a necessary foundation for scaling operations, absorbing fixed costs, and creating a realistic pathway to durable profitability if cost structure improvements continue.
Read all positive factors
Hingtex Holdings Ltd. (1968) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$99.84M
Dividend YieldN/A
Average Volume (3M)143.47K
Price to Earnings (P/E)―
Beta (1Y)0.38
Revenue Growth3.02%
EPS Growth10.44%
CountryHK
Employees346
SectorConsumer Cyclical
Sector Strength84
IndustryApparel - Manufacturers
Share Statistics
EPS (TTM)-0.05
Shares Outstanding640,000,000
10 Day Avg. Volume80,400
30 Day Avg. Volume143,466
Financial Highlights & Ratios
PEG Ratio0.32
Price to Book (P/B)0.50
Price to Sales (P/S)0.48
P/FCF Ratio-7.89
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
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, ...
Hingtex Holdings Ltd. Financial Statement Overview
Summary
Income Statement
28
Negative
Balance Sheet
60
Neutral
Cash Flow
30
Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 221.16M | 214.67M | 162.88M | 245.18M | 363.00M |
| Gross Profit | 35.69M | 33.42M | 21.70M | 18.89M | 65.36M |
| EBITDA | -28.21M | -23.56M | -25.00M | -33.38M | 8.26M |
| Net Income | -31.30M | -34.95M | -37.80M | -49.96M | -11.91M |
Balance Sheet | |||||
| Total Assets | 299.36M | 331.70M | 343.18M | 394.42M | 504.01M |
| Cash, Cash Equivalents and Short-Term Investments | 34.04M | 46.19M | 60.74M | 84.69M | 119.87M |
| Total Debt | 38.91M | 38.40M | 32.43M | 40.39M | 52.94M |
| Total Liabilities | 89.93M | 90.98M | 67.51M | 80.94M | 140.58M |
| Stockholders Equity | 209.42M | 240.72M | 275.67M | 313.47M | 363.43M |
Cash Flow | |||||
| Free Cash Flow | -13.39M | -10.65M | -17.95M | 5.08M | -14.07M |
| Operating Cash Flow | -10.18M | -9.72M | -14.45M | 8.17M | -5.98M |
| Investing Cash Flow | -2.11M | 688.00K | 444.00K | -18.99M | -7.78M |
| Financing Cash Flow | 142.00K | -5.52M | -9.95M | -24.35M | -27.26M |
Hingtex Holdings Ltd. Technical Analysis
Negative
0.17
Price Trends
0.18
Negative
0.18
Negative
0.16
Negative
Market Momentum
>-0.01
Positive
39.02
Neutral
40.52
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1968, the sentiment is Negative. The current price of 0.17 is below the 20-day moving average (MA) of 0.19, below the 50-day MA of 0.18, and above the 200-day MA of 0.16, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 39.02 is Neutral, neither overbought nor oversold. The STOCH value of 40.52 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1968.
Hingtex Holdings Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | HK$16.72B | 4.86 | 14.30% | 5.87% | 6.88% | 11.98% | |
67 Neutral | HK$2.18B | 4.54 | 8.52% | 4.00% | 3.40% | 151.24% | |
63 Neutral | HK$2.17B | 1.51 | 15.14% | 12.14% | -0.95% | 2.58% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
60 Neutral | HK$1.59B | 2.40 | 2.58% | 9.71% | -7.47% | -33.28% | |
59 Neutral | HK$1.61B | 6.53 | 4.73% | 8.06% | -2.44% | -5.98% | |
45 Neutral | HK$99.84M | -3.37 | -14.23% | ― | 3.02% | 10.44% |
* Consumer Cyclical Sector Average
HK:1968
Hingtex Holdings Ltd.
0.16
0.06
56.00%
HK:1382
Pacific Textiles Holdings
1.16
-0.01
-0.85%
HK:0321
Texwinca Holdings
1.15
0.59
107.21%
HK:1982
Nameson Holdings Ltd.
0.95
0.24
33.80%
HK:2199
Regina Miracle International (Holdings) Limited
1.78
0.22
14.40%
HK:2232
Crystal International Group Limited
5.86
1.40
31.39%
Hingtex Holdings Ltd. Corporate Events
Hingtex Sets 2026 AGM to Approve Results, Board Changes and Share Issue Mandate
Apr 30, 2026
Hingtex Holdings Ltd. has called its annual general meeting for 28 May 2026 in Hong Kong, where shareholders will be asked to adopt the audited consolidated financial statements for the year ended 31 December 2025 and receive the directors’ ...
Hingtex Plans Governance Overhaul with Virtual Meeting Flexibility
Apr 24, 2026
Hingtex Holdings Ltd. plans to amend and restate its existing memorandum and articles of association to modernize corporate governance and shareholder engagement. The move is aimed at giving the company more flexibility in how it conducts general ...
Hingtex Narrows Annual Loss as Revenue Edges Higher in 2025
Mar 30, 2026
Hingtex Holdings Limited reported a 3.0% year-on-year increase in revenue to HK$221.2 million for the year ended 31 December 2025, supported by modestly higher gross profit despite rising costs of sales and services. The company remains loss-makin...
Hingtex Sets March 2026 Board Meeting to Review 2025 Results and Final Dividend
Mar 16, 2026
Hingtex Holdings Limited has scheduled a board meeting for 30 March 2026 to review and approve the group’s audited consolidated financial statements for the year ended 31 December 2025. The board will also consider the declaration of a final...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.