0518.HK
Price:
$0.193
Market Cap:
$87.06M
Tungtex (Holdings) Company Limited, an investment holding company, manufactures, sells, retails, and trades in garments in North America, Asia, Europe, and internationally. The company manufactures and exports ladies sportswear, casual wear, and suit pieces; and various women career and casual sportswear for department stores, chain stores, specialty stores, catalogs, and designer labels, as well as silk-blended, linen, cotton, and synthetic products. It is also involved in property investment activities. As of March 31, 2022, the company operated 177 Betu-brand stores in China. Tungtex (Holdings) Company Limited was founded in 1977 and is headquartered in Kwun Tong, Hong Kong.
Industry
Apparel - Manufacturers
IPO Date
1988-12-15
Stock Exchange
HKSE
Ticker
0518.HK
According to Tungtex (Holdings) Company Limited’s latest financial reports and current stock price. The company's current Current Ratio is 2.89. This represents a change of 7.02% compared to the average of 2.70 of the last 4 quarters.
The mean historical Current Ratio of Tungtex (Holdings) Company Limited over the last ten years is 2.46. The current 2.89 Current Ratio has changed 11.66% with respect to the historical average. Over the past ten years (40 quarters), 0518.HK's Current Ratio was at its highest in in the March 2023 quarter at 3.14. The Current Ratio was at its lowest in in the September 2008 quarter at 0.
Average
2.46
Median
2.42
Minimum
1.97
Maximum
3.14
Discovering the peaks and valleys of Tungtex (Holdings) Company Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 50.81%
Maximum Annual Current Ratio = 3.14
Minimum Annual Increase = -20.39%
Minimum Annual Current Ratio = 1.97
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 2.69 | -3.45% |
| 2024 | 2.78 | -11.36% |
| 2023 | 3.14 | 33.04% |
| 2022 | 2.36 | -20.39% |
| 2021 | 2.97 | 50.81% |
| 2020 | 1.97 | 0.05% |
| 2019 | 1.97 | -1.22% |
| 2018 | 1.99 | -10.29% |
| 2017 | 2.22 | -10.29% |
| 2016 | 2.47 | -11.08% |
The current Current Ratio of Tungtex (Holdings) Company Limited (0518.HK) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
2.87
5-year avg
2.79
10-year avg
2.46
Tungtex (Holdings) Company Limited’s Current Ratio is greater than Century Entertainment International Holdings Limited (0.29), less than Champion Alliance International Holdings Limited (3.37), greater than JLogo Holdings Limited (0.25), greater than Asia Television Holdings Limited (0.08), greater than CBK Holdings Limited (0.30), greater than Ocean Star Technology Group Limited (0.58), greater than TATA Health International Holdings Limited (0.61), less than Zhejiang Yongan Rongtong Holdings Co., Ltd. (13.88), greater than Huisen Household International Group Limited (1.49), greater than Narnia (Hong Kong) Group Company Limited (0),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.29 | $92.34M | |
| 3.37 | $76.45M | |
| 0.25 | $85.50M | |
| 0.08 | $133.73M | |
| 0.30 | $76.14M | |
| 0.58 | $50.45M | |
| 0.61 | $344.84M | |
| 13.88 | $50.08M | |
| 1.49 | $76.58M | |
| 0 | $33.60M |
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