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Texhong International Group Limited

Texhong International Group Limited

HHKEX:2678
5.11
HKD
-0.15
(-2.85%)
4.22BMarket Cap
Apr 01Next Earn
Texhong International Group Limited
HKEX:2678
(Hong Kong Exchange)

Recent

price

5.11

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
6.18
7.77
8.3
9.3
11.84
11.95
15.28
17.82
20.94
24.05
21.4
28.93
25.93
24.76
25.09
24.75
- -
Revenue per Share
0.95
0.07
0.55
1.27
0.35
0.67
1.33
1.26
1.27
0.97
0.57
2.93
0.17
-0.41
0.61
0.99
- -
Basic EPS, GAAP
0.14
-0.56
0.3
-0.27
0.5
0.67
-1.49
1.46
-0.81
0.54
2.89
0.04
-0.51
1.22
3.95
3.35
- -
Free Cash Flow per Basic Share
0.16
0.22
- -
0.37
0.26
0.16
0.25
0.43
0.37
0.34
0.14
0.58
0.83
- -
0.09
0.09
- -
Dividend per Share
2.5
2.34
2.89
3.82
3.9
4.42
5.63
6.46
7.36
8.17
8.59
10.93
10.35
9.97
10.3
11.16
11.16
Book Value per Share
2.33
2.13
2.89
3.82
3.9
4.42
5.63
6.46
7.29
6.81
7.27
9.63
8.88
8.72
9.09
10.02
10.02
Tangible Book Value per Share
885
885
885
885
885
885
893
915
915
915
915
917
918
918
918
918
918
Basic Weighted Avg Shares
5,472
6,873
7,341
8,229
10,470
10,575
13,648
16,306
19,156
22,003
19,577
26,521
23,805
22,725
23,029
22,716
- -
Sales/Revenue/Turnover
18.72
3.16
9.53
13.02
6.02
11.03
12.66
9.3
10.28
5.82
5.62
13.35
2.73
-1.65
5.22
6.63
- -
Operating Margin (%)
144
176
205
268
398
455
548
682
753
923
1,021
1,095
1,029
1,158
1,038
1,116
- -
Depreciation Expense
841
61
487
1,126
307
591
1,188
1,152
1,163
884
517
2,685
157
-376
560
913
- -
Net Income, GAAP
11.48
26.59
12.77
9.2
13.59
19.96
19.76
13.74
17.98
17.23
22.11
17.92
- -
- -
23.86
20.43
- -
Effective Tax Rate (%)
15.37
0.89
6.63
13.68
2.93
5.59
8.7
7.06
6.07
4.02
2.64
10.12
0.66
-1.65
2.43
4.02
- -
Profit Margin (%)
870
1,563
1,579
1,869
1,894
1,002
722
1,300
2,661
2,217
1,317
2,959
1,462
2,590
2,911
2,926
2,926
Working Capital
630
1,712
1,564
2,802
3,117
2,741
2,560
2,989
4,875
5,060
3,351
3,466
3,647
3,740
3,327
2,559
2,559
LT Debt
2,209
2,072
2,558
3,380
3,455
3,939
5,191
5,976
6,837
8,099
8,473
10,601
10,101
9,755
9,957
10,524
10,524
Total Equity
29.23
3.13
14.26
22.85
7.75
12.01
15.32
10.87
12.11
8.79
4.09
16.49
- -
- -
4.63
5.99
- -
Return on Invested Capital (%)
30.53
4.89
14.8
24.45
7.77
10.22
13.97
11.94
11.32
8.02
4.91
16.63
- -
- -
4.46
6.15
- -
Return on Capital (%)
45.52
2.86
21.02
37.92
8.97
16.04
26.22
20.83
18.39
12.44
6.74
30
1.61
-4.03
6.02
9.27
- -
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
5,375
6,565
4,779
LT Borrowings
3,196
1,890
2,461
LT Finance Leases
131
109
98
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
918
918
917
Market Capitalization
3,442
3,251
3,790

Working Capital

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
10,271
10,998
9,929
Cash, Cash Equivalents & STI
3,256
3,054
2,745
Accounts Receivable, Net
1,189
1,177
1,007
Inventories
4,805
5,663
5,103
Total Current Liabilities
7,360
8,711
7,003
Payables & Accruals
- -
- -
- -
ST Debt
5,375
6,565
4,779
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.91%
4.95%
5.69%
Free Cash Flow
-197.43%
-313.12%
-15.17%
Net Income, GAAP
-16.7%
-40.09%
63.05%
Sales/Revenue/Turnover
9.05%
4.13%
-1.36%
Total Cash Common Dividend
- -
- -
0.23%

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
22,725
2024
- -
- -
23,029
2025
- -
- -
22,716

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-0.41
2024
- -
- -
0.61
2025
- -
- -
0.99

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
0.09
2025
- -
- -
0.09
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Business
Texhong Textile Group Limited (2678.HK) is a leading global manufacturer and distributor of yarn, grey fabric, and denim fabric. The company produces a wide range of products including carded yarn, combed yarn, compact yarn, siro yarn, slub yarn, core-spun yarn, denim fabric, and knitted fabric; it also offers customized fabric solutions, technical textiles, and value-added services such as dyeing and finishing. Texhong operates integrated production facilities with a focus on sustainable manufacturing practices, serving apparel brands, garment manufacturers, and wholesalers in the textile and fashion industries. Founded in 1997 and headquartered in Shanghai, China, Texhong Textile Group maintains manufacturing bases in China, Vietnam, and Indonesia, with sales networks spanning Asia, Europe, the Americas, and Africa. The company emphasizes vertical integration from cotton spinning to fabric production, positioning it as one of the world's largest denim producers. Its subsidiaries include Texhong Yongsheng (Vietnam) Co., Ltd. and Texhong Indonesia, supporting global supply chain efficiency. In recent developments, Texhong has expanded its sustainable initiatives, including the launch of eco-friendly denim lines using recycled materials and low-water processes in 2024. The company formed a strategic partnership with a major European apparel brand for sustainable supply in late 2024, enhancing its presence in green textiles. Additionally, Texhong completed a capacity expansion in Vietnam, adding 50,000 tons of yarn production in early 2025, alongside investments in automation to improve operational efficiency.