---
title: "興紡控股有限公司 (01968.HK)"
type: "quote"
locale: "en"
url: "https://longbridge.com/en/quote/01968.HK.md"
symbol: "01968.HK"
name: "興紡控股有限公司"
industry: "紡織品"
---

# 興紡控股有限公司 (01968.HK)

| Item | Detail |
|------|--------|
| Industry | 紡織品 |
| Location | 港股市場 |
| Website | [www.hwtextiles.com.hk](https://www.hwtextiles.com.hk) |

## Company Profile

興紡控股有限公司是一家主要從事製造及銷售牛仔布業務的公司。該公司通過兩個分部開展業務。牛仔布分部主要製造銷售的牛仔布包括彈性混合牛仔布、彈性純棉牛仔布和非彈性牛仔。物業翻新服務分部提供物業翻新服務。該公司主要在國內外市場開展其業務。

## Financial Score

> *Longbridge Financial Score™ — Proprietary multi-factor rating model by [Longbridge](https://longbridge.com). This score is independently calculated by Longbridge and is not affiliated with any third-party rating agency.*
> Updated: 2026-02-21T04:30:11.000Z

**Overall: C (0.45)**

**Industry**: Textiles

| Metric | Value |
|--------|-------|
| Industry Ranking | 13 / 20 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Value - Stocks where the company's main business is in a mature stage.
- **Scale**: Small - The company's operation has a high degree of growth and volatility, making it easy to achieve high investment returns.

### Score Analysis

**Style Score**: 

#### Growth Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 17.91% |  |
| Net Profit YoY | 20.48% |  |

#### Value Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| P/B Ratio | 0.51 |  |
| Dividend Ratio | 0.00% |  |


**Size Score**: 

#### Market Cap Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 117.12M |  |

#### Revenue Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue | 212.79M |  |


**Multi Score**: C

#### Profit Score: D

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | -11.54% | D |
| Profit Margin | -13.26% | D |
| Gross Margin | 18.78% | D |

#### Growth Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 17.91% | B |
| Net Profit YoY | 20.48% | B |
| Total Assets YoY | -7.07% | D |
| Net Assets YoY | -10.91% | D |

#### Cash Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| Cash Flow Margin | -754.16% | E |
| OCF YoY | 17.91% | B |

#### Operating Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| Turnover | 0.65 | B |

#### Debt Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| Gearing Ratio | 27.36% | B |


```chart-data:radar
{
  "title": "Longbridge Financial Score - 興紡控股有限公司",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Profit",
      "grade": "D",
      "indicators": [
        {
          "name": "ROE",
          "value": "-11.54%",
          "rating": "D"
        },
        {
          "name": "Profit Margin",
          "value": "-13.26%",
          "rating": "D"
        },
        {
          "name": "Gross Margin",
          "value": "18.78%",
          "rating": "D"
        }
      ]
    },
    {
      "name": "Growth",
      "grade": "B",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "17.91%",
          "rating": "B"
        },
        {
          "name": "Net Profit YoY",
          "value": "20.48%",
          "rating": "B"
        },
        {
          "name": "Total Assets YoY",
          "value": "-7.07%",
          "rating": "D"
        },
        {
          "name": "Net Assets YoY",
          "value": "-10.91%",
          "rating": "D"
        }
      ]
    },
    {
      "name": "Cash",
      "grade": "C",
      "indicators": [
        {
          "name": "Cash Flow Margin",
          "value": "-754.16%",
          "rating": "E"
        },
        {
          "name": "OCF YoY",
          "value": "17.91%",
          "rating": "B"
        }
      ]
    },
    {
      "name": "Operating",
      "grade": "B",
      "indicators": [
        {
          "name": "Turnover",
          "value": "0.65",
          "rating": "B"
        }
      ]
    },
    {
      "name": "Security",
      "grade": "B",
      "indicators": [
        {
          "name": "Gearing Ratio",
          "value": "27.36%",
          "rating": "B"
        }
      ]
    }
  ]
}
```

### Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
|------|------|--------|--------|-----------|----------|------|--------|
| 01 | 超盈國際控股 (HK.2111) | B | B | B | C | B | B |
| 02 | 錦興國際控股 (HK.2307) | D | B | A | C | B | B |
| 03 | 飛霓控股 (HK.8480) | B | A | A | B | B | B |
| 04 | 應星控股 (HK.1440) | D | C | A | C | D | C |
| 05 | 百宏實業 (HK.2299) | C | C | B | D | C | C |

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | -4.15 | 16/20 | - | - | - |
| PB | 0.51 | 10/20 | 0.46 | 0.36 | 0.25 |
| PS (TTM) | 0.55 | 12/20 | 0.49 | 0.39 | 0.30 |
| Dividend Yield | 0.00% | - | - | - | - |

## References

- [Company Overview](https://longbridge.com/en/quote/01968.HK/overview.md) - Shareholders, executives, business segments
- [Financials](https://longbridge.com/en/quote/01968.HK/norm.md) - Income statement, balance sheet, cash flow, distribution plan
- [Topics & Discussions](https://longbridge.com/en/quote/01968.HK/topics.md) - Community topics and discussions

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.