Algo version: 0.98b
Texhong Textile Group Ltd is listed at the HKSE Exchange
Texhong Textile Group Ltd [2678.HK]
HKSE Sector: Textiles, Apparel & Luxury Goods Industry:Textile Manufacturing

Is Texhong Textile Group Ltd stock a buy?

What Is The Conclusion?

Right now our advanced algorithms say:

Do the analyst corps agree?

Interesting Questions and Easy Answers!

Yes, Texhong Textile Group Ltd pays dividends. Last time was Friday 18th of October 2024 where the investors holding the stock on Wednesday 25th of September 2024 were paid HKD0.1 per share. Over the last 29 times between 2006 and 2024, Texhong Textile Group Ltd has paid HKD5.21 with an average of HKD0.18 per share.

Sorry, we do not have any analyst data for this ticker

We cannot find data for Texhong Textile Group Ltd 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was HKD7.22, you would have made a loss of HKD-3.56 per share or -49.31%

Yes, the average daily trading liquidity for Texhong Textile Group Ltd is HKD522 216 thousand. You should therefore be able to get in and out of your positions relatively fast.

Texhong Textile Group Ltd has a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. With a normal cash flow to debt ratio of 0.14, the company's ability to pay off the debt is normal. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.

We have calculated the inflation risk for Texhong Textile Group Ltd to be medium [0.6 of 1]

US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.