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Texhong Textile Group Ltd Company Snapshot
Texhong Textile Group Ltd operates in the Yarn spinning mills sector. In addition to historical fundamental analyses, the complete report available to purchase compares Texhong Textile Group Ltd with three other fabric manufacturers in Asia: Sri Rejeki Isman Tbk PT of INDONESIA (2019 sales of 16.67 trillion Indonesian Rupiahs [US$1.16 billion] of which 41% was Spinning), Huafu Fashion Co Ltd of CHINA (15.89 billion Chinese Renmimbi [US$2.24 billion] of which 100% was Cotton spinning industry), and Kolon Corporation which is based in KOREA (SOUTH) (4.40 trillion Korean Won [US$3.61 billion] of which 43% was Distribution Business).

Sales Analysis. Texhong Textile Group Ltd reported sales of HK$24.98 billion (US$3.22 billion) for the year ending December of 2019. This represents an increase of 10.2% versus 2018, when the company's sales were HK$22.68 billion. This was the fourth straight year of sales growth at Texhong Textile Group Ltd. Sales of Garment Fabrics and Garments saw an increase that was more than double the company's growth rate: sales were up 60.0% in 2019, from HK$3.25 billion to HK$5.20 billion. Not all segments of Texhong Textile Group Ltd experienced an increase in sales in 2019: sales of Grey Fabrics fell 20.5% to HK$806.73 million. (However, this segment's sales were only a very small portion of the company's overall sales).
   
   
 
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Texhong Textile Group Ltd
  Stock Performance Chart for Texhong Textile Group Ltd
 
  Stock Data: Recent Stock Performance:
  Current Price (5/29/2020): 5.33
(Figures in Hong Kong Dollars)
1 Week 4.5%   13 Weeks -3.8%  
4 Weeks -35.1%   52 Weeks -41.0%  
 
Texhong Textile Group Ltd Key Data:
  Ticker: 2678 Country: Hong Kong
  Exchanges: HKG Major Industry: Consumer Durables & Apparel
    Sub Industry: Yarn Spinning Mills
  2019 Sales 24,983,241,629
(Year Ending Jan 2020).
Employees: 41,108
  Currency: Hong Kong Dollars Market Cap: 4,876,950,000
  Fiscal Yr Ends: December Shares Outstanding: 915,000,000
  Share Type: Ordinary Closely Held Shares: 673,780,400
 
 
 
 
 
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