Texhong Textile Group Limited

HKSE 2678.HK

Texhong Textile Group Limited Interest Coverage Ratio for the year ending December 31, 2023: 0.76

Texhong Textile Group Limited Interest Coverage Ratio is 0.76 for the year ending December 31, 2023, a -56.08% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.
  • Texhong Textile Group Limited Interest Coverage Ratio for the year ending December 31, 2022 was 1.73, a -89.14% change year over year.
  • Texhong Textile Group Limited Interest Coverage Ratio for the year ending December 31, 2021 was 15.95, a 733.90% change year over year.
  • Texhong Textile Group Limited Interest Coverage Ratio for the year ending December 31, 2020 was 1.91, a -36.40% change year over year.
  • Texhong Textile Group Limited Interest Coverage Ratio for the year ending December 31, 2019 was 3.01, a -46.01% change year over year.
Key data
Date Interest Coverage Ratio Debt to Equity Ratio Interest Expense To Sales Inventory Turnover Ratio
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SV Wall Street
HKSE: 2678.HK

Texhong Textile Group Limited

CEO Mr. Yongxiang Zhu
IPO Date Dec. 9, 2004
Location Hong Kong
Headquarters Cable TV Tower
Employees 27,011
Sector Consumer Discretionary
Industries
Description

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.

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StockViz Staff

February 3, 2025

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