2678.HK
Price:
$4.56
Market Cap:
$3.80B
Texhong Textile Group Limited, an investment holding company, primarily manufactures and sells yarns, grey fabrics, and non-woven and garment fabrics. It also offers dyed clothes and dresses, dyed and denim fabrics, finished woven fabrics, threads, textile knitting products, special textile for construction, decoration products, and garments. In addition, the company processes cotton; and trades in textile products. It sells its products in the People's Republic of China, Vietnam, Turkey, North America, Europe, Brazil, Bangladesh, Japan, South Korea, and internationally. The company was founded in 1997 and is headquartered in Tsuen Wan, Hong Kong.
Industry
Apparel - Manufacturers
IPO Date
2004-12-09
Stock Exchange
HKSE
Ticker
2678.HK
According to Texhong Textile Group Limited’s latest financial reports and current stock price. The company's current ROE is 7.23%. This represents a change of 104.47% compared to the average of 3.53% of the last 4 quarters.
The mean historical ROE of Texhong Textile Group Limited over the last ten years is 12.34%. The current 7.23% ROE has changed -41.41% with respect to the historical average. Over the past ten years (40 quarters), 2678.HK's ROE was at its highest in in the June 2010 quarter at 24.27%. The ROE was at its lowest in in the December 2022 quarter at -8.79%.
Average
12.34%
Median
13.47%
Minimum
-4.11%
Maximum
26.75%
Discovering the peaks and valleys of Texhong Textile Group Limited ROE, 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 = 306.79%
Maximum Annual ROE = 26.75%
Minimum Annual Increase = -348.82%
Minimum Annual ROE = -4.11%
| Year | ROE | Change |
|---|---|---|
| 2024 | 5.74% | -239.90% |
| 2023 | -4.11% | -348.82% |
| 2022 | 1.65% | -93.83% |
| 2021 | 26.75% | 306.79% |
| 2020 | 6.58% | -44.39% |
| 2019 | 11.82% | -31.49% |
| 2018 | 17.26% | -11.44% |
| 2017 | 19.49% | -15.50% |
| 2016 | 23.06% | 52.68% |
| 2015 | 15.11% | 70.14% |
The current ROE of Texhong Textile Group Limited (2678.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
1.10%
5-year avg
7.32%
10-year avg
12.34%
Texhong Textile Group Limited’s ROE is less than China Lilang Limited (10.39%), less than Best Pacific International Holdings Limited (13.16%), less than DL Holdings Group Limited (16.69%), less than Xin Point Holdings Limited (10.31%), less than Prinx Chengshan Holdings Limited (15.18%), less than China Dongxiang (Group) Co., Ltd. (2.26%), less than Luyuan Group Holding (Cayman) Limited (10.46%), greater than Symphony Holdings Limited (-5.51%), less than Launch Tech Company Limited (30.93%), greater than Shangshan Gold International Holdings Limited (-8.45%),
| Company | ROE | Market cap |
|---|---|---|
| 10.39% | $4.05B | |
| 13.16% | $3.33B | |
| 16.69% | $3.44B | |
| 10.31% | $3.87B | |
| 15.18% | $4.92B | |
| 2.26% | $2.73B | |
| 10.46% | $5.00B | |
| -5.51% | $4.10B | |
| 30.93% | $3.51B | |
| -8.45% | $770.97M |
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