Risk factor
Poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
Texhong Textile Group Limited functions as an investment holding company, primarily focused on the manufacturing and distribution of textile products such as yarns, grey fabrics, non-woven textiles, and materials for garments. The company's diverse offerings also include dyed apparel like clothes and dresses, dyed and denim fabrics, finished woven fabrics, threads, and knitted textile goods. Additionally, it provides specialized textiles for construction and decorative applications, as well as ready-made garments. Beyond production, Texhong Textile is involved in processing cotton and trading textile products. Its market footprint is global, encompassing the People's Republic of China, Vietnam, Turkey, North America, Europe, Brazil, Bangladesh, Japan, South Korea, and various other international markets. Founded in 1997, the firm maintains its headquarters in Tsuen Wan, Hong Kong.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'cheaper' than its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITDA, underpriced
Target Price
The average target price of 2678.HK is 8.3 and suggests 37% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incr