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Hingtex Holdings Ltd. (1968) AI Stock Analysis
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Hingtex Holdings Ltd.
(HKEX:1968)
The score is held back primarily by weak financial performance, driven by persistent net losses and negative operating/free cash flow despite improving revenue and gross margin. Technicals are a partial offset with the price above major moving averages and positive MACD, but the elevated RSI suggests overbought risk. Valuation provides limited support because the negative P/E reflects ongoing unprofitability and no dividend yield is available.
Hingtex Holdings Ltd. (1968) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 128.00M
- Dividend Yield
- ―
- Average Volume (3M)
- 173.69K
- Price to Earnings (P/E)
- -4.2
- Beta (1Y)
- 0.40
- Revenue Growth
- 2.44%
- EPS Growth
- -7.26%
- Country
- Hong Kong
- Employees
- 326
- Sector
- Consumer Cyclical
- Sector Strength
- 61
- Industry
- Manufacturing - Textiles
Hingtex Holdings Ltd. Business Overview & Revenue Model
Company Description
Hingtex Holdings Limited specializes in the design, production, and distribution of woven denim fabrics, serving markets in both Hong Kong and mainland China. Its product portfolio encompasses a variety of denim types, including non-stretch, stretch...
Hingtex Holdings Ltd. Financial Statement Overview
Summary
Revenue and gross margin have improved versus 2022–2023, and leverage appears manageable (low debt-to-equity). However, the company remains consistently loss-making (negative EBIT and net income across the period) and operating/free cash flow has been negative in 2023–2025, which materially weakens financial quality.
Income Statement
28NegativeBalance Sheet
60NeutralCash Flow
30Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 218.00M | 221.16M | 214.67M | 162.88M | 245.18M | 363.00M |
| Gross Profit | 36.79M | 35.69M | 33.42M | 21.70M | 18.89M | 65.36M |
| EBITDA | -19.86M | -23.02M | -25.83M | -25.00M | -33.38M | 8.26M |
| Net Income | -30.29M | -31.30M | -34.95M | -37.80M | -49.96M | -11.91M |
Balance Sheet | ||||||
| Total Assets | 294.04M | 299.36M | 331.70M | 343.18M | 394.42M | 504.01M |
| Cash, Cash Equivalents and Short-Term Investments | 35.72M | 34.04M | 46.19M | 60.74M | 84.69M | 119.87M |
| Total Debt | 38.94M | 38.91M | 38.40M | 32.43M | 40.39M | 52.94M |
| Total Liabilities | 94.02M | 89.93M | 90.98M | 67.51M | 80.94M | 140.58M |
| Stockholders Equity | 200.02M | 209.42M | 240.72M | 275.67M | 313.47M | 363.43M |
Cash Flow | ||||||
| Free Cash Flow | -5.16M | -13.39M | -10.65M | -17.95M | 5.08M | -14.07M |
| Operating Cash Flow | -2.38M | -10.18M | -9.72M | -14.45M | 8.17M | -5.98M |
| Investing Cash Flow | -1.87M | -2.11M | 688.00K | 444.00K | -18.99M | -7.78M |
| Financing Cash Flow | -3.10M | 142.00K | -5.52M | -9.95M | -24.35M | -27.26M |
Hingtex Holdings Ltd. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1968, the sentiment is Positive. The current price of 0.20 is above the 20-day moving average (MA) of 0.18, above the 50-day MA of 0.17, and above the 200-day MA of 0.17, indicating a bullish trend. The MACD of 0.01 indicates Negative momentum. The RSI at 76.28 is Negative, neither overbought nor oversold. The STOCH value of 47.37 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1968.
Hingtex Holdings Ltd. Peers Comparison
Overall Rating
HK:223280.2Outperform
HK:198266Neutral
HK:219961Neutral- HK:196848Neutral
HK:032146Neutral
HK:138240Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:2232 | 80Outperform | HKD 21.97B | 11.88 | 14.47% | 5.52% | 4.21% | 9.77% |
| HK:1982 | 66Neutral | HKD 1.64B | 5.35 | 11.98% | 17.36% | 6.23% | -12.18% |
| Sector * | 61Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% |
| HK:2199 | 61Neutral | HKD 3.14B | 11.15 | 9.33% | 6.24% | -1.56% | 53.99% |
| HK:1968 | 48Neutral | HKD 128.00M | -4.23 | -14.80% | ― | 2.44% | -7.26% |
| HK:0321 | 46Neutral | HKD 1.06B | 6.58 | 3.28% | 13.07% | -7.87% | 38.45% |
| HK:1382 | 40Underperform | HKD 1.09B | 13.34 | 2.83% | 8.81% | -0.86% | -50.37% |
* Consumer Cyclical Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:1968 | Hingtex Holdings Ltd. | 0.20 | 0.07 | 55.04% | |
| HK:1382 | Pacific Textiles Holdings | 0.80 | -0.56 | -41.29% | |
| HK:0321 | Texwa Holdings | 0.77 | 0.07 | 9.29% | |
| HK:1982 | Nameson Holdings Ltd. | 0.72 | -0.08 | -10.00% | |
| HK:2199 | Regina Miracle International (Holdings) Limited | 2.56 | 0.67 | 35.57% | |
| HK:2232 | Crystal International Group Limited | 7.70 | 1.26 | 19.64% |
Hingtex Holdings Ltd. Corporate Events
Hingtex Narrows Interim Loss as Revenue Slips Nearly 3%
Hingtex Holdings Ltd., a Cayman-incorporated textile producer listed in Hong Kong, reported a slight decline in first-half 2026 revenue as softer sales weighed on its fabric and textile operations. The group continues to concentrate on supplying text...
Hingtex Board Sets August Meeting on Interim Results and Dividend
Hingtex Holdings Ltd., incorporated in the Cayman Islands and listed in Hong Kong under stock code 1968, operates through a group of subsidiaries and is overseen by a board that includes executive, non-executive and independent non-executive director...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 28, 2026