1968.HK
Price:
$0.163
Market Cap:
$104.32M
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.
Industry
Apparel - Manufacturers
IPO Date
2018-07-16
Stock Exchange
HKSE
Ticker
1968.HK
According to Hingtex Holdings Limited’s latest financial reports and current stock price. The company's current Current Ratio is 2.39. This represents a change of -10.88% compared to the average of 2.68 of the last 4 quarters.
The mean historical Current Ratio of Hingtex Holdings Limited over the last ten years is 2.39. The current 2.39 Current Ratio has changed 9.90% with respect to the historical average. Over the past ten years (40 quarters), 1968.HK's Current Ratio was at its highest in in the December 2022 quarter at 3.37. The Current Ratio was at its lowest in in the January 2015 quarter at 0.
Average
2.39
Median
2.56
Minimum
1.28
Maximum
3.37
Discovering the peaks and valleys of Hingtex Holdings 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 = 57.69%
Maximum Annual Current Ratio = 3.37
Minimum Annual Increase = -25.79%
Minimum Annual Current Ratio = 1.28
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.41 | -25.79% |
| 2023 | 3.25 | -3.58% |
| 2022 | 3.37 | 24.89% |
| 2021 | 2.70 | -2.62% |
| 2020 | 2.77 | 1.10% |
| 2019 | 2.74 | 17.11% |
| 2018 | 2.34 | 57.69% |
| 2017 | 1.49 | -0.95% |
| 2016 | 1.50 | 17.42% |
The current Current Ratio of Hingtex Holdings Limited (1968.HK) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
3.01
5-year avg
2.90
10-year avg
2.39
Hingtex Holdings Limited’s Current Ratio is greater than Speedy Global Holdings Limited (2.00), greater than Top Form International Limited (1.30), greater than Moody Technology Holdings Limited (0.22), greater than Crocodile Garments Limited (1.17), greater than Starlite Holdings Limited (1.80), greater than Link Holdings Limited (0.05), greater than Harbour Equine Holdings Limited (1.56), greater than Welife Technology Limited (0.94), greater than Mansion International Holdings Limited (0.95), greater than Sun Hing Vision Group Holdings Limited (1.91),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.00 | $108.00M | |
| 1.30 | $73.76M | |
| 0.22 | $64.63M | |
| 1.17 | $106.59M | |
| 1.80 | $77.60M | |
| 0.05 | $50.05M | |
| 1.56 | $44.92M | |
| 0.94 | $85.10M | |
| 0.95 | $40.32M | |
| 1.91 | $91.97M |
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