Texhong Textile Group Limited (2678.HK) stock price, financials & research

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Company profile

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.

Industry: Manufacturing - Textiles
Sector: Industrials
Headquarters: HK
CEO: Yongxiang Zhu
Listed since: Dec 9, 2004
Employees: 24,656

Market position

Day range

Current HK$6.46

HK$6.46HK$6.595

52-week range

Current HK$6.46

HK$4.44HK$7.64

Open: HK$6.56
Previous close: HK$6.55
Volume: 212K; 0.64× average
Average volume: 333.03K; Average daily volume
Market cap: 5.92B HKD
Beta: 1.13; Market reference 1
50-day average: HK$6.3162; +2.28% above average
200-day average: HK$5.9524; +8.53% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value: 6.84B CNY
P/E (TTM): 5.59×
P/B (TTM): 0.5×
P/S (TTM): 0.22×
EV / EBITDA: 2.77×
Earnings yield: 23.96%
Free cash flow yield: 80.77%
Dividend yield: 0.00%

Profitability & efficiency

Gross margin: 13.81%
Operating margin: 6.09%
Net margin: 4.02%
Return on equity: 8.92%
Return on assets: 4.51%
Return on invested capital: 6.11%

Financial health

Debt / equity: 0.54×
Current ratio: 1.42×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin

Income trends

Revenue

22.72B CNY-1.36%

Operating income

1.38B CNY+16.69%

Net income

913.01M CNY+64.94%

Metric (CNY)	FY2025	FY2024	FY2023	FY2022	FY2021
Revenue	22.72B CNY	23.03B CNY	22.73B CNY	23.81B CNY	26.52B CNY
Cost of goods sold	19.58B CNY	20.17B CNY	21.26B CNY	21.05B CNY	20.67B CNY
Gross profit	3.14B CNY	2.86B CNY	1.46B CNY	2.76B CNY	5.85B CNY
Selling, general, and administrative	1.77B CNY	1.81B CNY	1.91B CNY	2.2B CNY	2.4B CNY
Operating expenses	1.75B CNY	1.68B CNY	1.07B CNY	2.15B CNY	2.43B CNY
Interest income	108.27M CNY	90.5M CNY	104.94M CNY	101.35M CNY	44.59M CNY
Interest expense	339.28M CNY	449.16M CNY	544.42M CNY	375.46M CNY	206.91M CNY
Depreciation and amortization	898.31M CNY	1.05B CNY	1.16B CNY	938.37M CNY	951.12M CNY
Operating income	1.38B CNY	1.19B CNY	389.82M CNY	601.86M CNY	3.42B CNY
Net income	913.01M CNY	553.54M CNY	−375.7M CNY	156.81M CNY	2.69B CNY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate: 40%; 2 beats, 3 misses, 0 met estimates
Average EPS surprise: -29.21%; 5 comparable reports
Latest EPS result: 0.59

EPS: actual versus estimate

Recent quarterly results

ActualEstimate

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

HK$0.95

2022 complete year+90.0% since 2017

HK$0.50

2,017

HK$0.44

2,018

HK$0.38

2,019

HK$0.70

2,021

HK$0.95

2,022

Corporate action history

Action	Ex-dividend date	Details	Record date	Payment date
Dividend	Jun 9, 2025	HK$0.10Irregular	Jun 11, 2025	Jul 4, 2025
Dividend	Sep 25, 2024	HK$0.10Irregular	Sep 27, 2024	Oct 18, 2024
Dividend	Sep 23, 2022	HK$0.38Semi-Annual	Sep 27, 2022	Oct 14, 2022
Dividend	May 12, 2022	HK$0.57Semi-Annual	May 16, 2022	Jun 1, 2022
Dividend	Sep 16, 2021	HK$0.50Semi-Annual	Sep 20, 2021	Oct 8, 2021
Dividend	May 6, 2021	HK$0.20Annual	May 10, 2021	May 27, 2021