Hong Kong Stock Exchange · Industrials
Invest in Texhong Textile stock from India
Indian and foreign residents can buy Texhong Textile (2678) shares directly through Paasa.
By Paasa · Updated
Texhong Textile at a glance
- Price
- HK$5.49+HK$0.03 (0.55%)
- Market cap
- HK$5.03B
- Day range
- HK$5.38 – HK$5.51
- P/E
- 3.30
- Dividend yield
- None
- Volume
- 151.00K
- 1 month
- -17.19%
- 6 months
- -5.99%
- YTD
- +19.35%
- 1 year
- +12.04%
- 5 years
- -51.33%
Texhong Textile statements, FY2021–FY2025
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | CN¥22.7B | CN¥23.0B | CN¥22.7B | CN¥23.8B | CN¥26.5B |
| Gross profit | CN¥3.1B | CN¥2.9B | CN¥1.5B | CN¥2.8B | CN¥5.9B |
| Operating income | CN¥1.4B | CN¥1.2B | CN¥389.8M | CN¥601.9M | CN¥3.4B |
| Net income | CN¥913.0M | CN¥553.5M | −CN¥375.7M | CN¥156.8M | CN¥2.7B |
| Earnings per share | CN¥0.99 | CN¥0.60 | −CN¥0.41 | CN¥0.17 | CN¥2.93 |
| EBITDA | CN¥2.5B | CN¥2.4B | CN¥1.6B | CN¥1.7B | CN¥4.4B |
| Total assets | CN¥20.3B | CN¥21.0B | CN¥22.8B | CN¥26.2B | CN¥24.4B |
| Total debt | CN¥5.5B | CN¥8.7B | CN¥10.4B | CN¥9.4B | CN¥7.3B |
| Cash and short-term investments | CN¥2.8B | CN¥3.3B | CN¥2.5B | CN¥2.9B | CN¥2.5B |
| Shareholders' equity | CN¥10.2B | CN¥9.6B | CN¥9.1B | CN¥9.5B | CN¥10.0B |
| Operating cash flow | CN¥4.3B | CN¥4.5B | CN¥2.0B | CN¥1.6B | CN¥2.4B |
| Free cash flow | CN¥3.1B | CN¥3.6B | CN¥1.1B | −CN¥213.1M | CN¥101.5M |
| Capital expenditure | −CN¥1.2B | −CN¥852.2M | −CN¥868.2M | −CN¥1.8B | −CN¥2.3B |
Fiscal years as reported, the latest ending 31 Dec 2025. Figures in CNY; a dash means the provider reported nothing for that line.
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| Luyuan Group Holding (Cayman) | 2451.HK | HK$14.09 | HK$5.33B |
| Prinx Chengshan | 1809.HK | HK$6.45 | HK$4.12B |
| Symphony | 1223.HK | HK$1.29 | HK$3.84B |
| Xin Point | 1571.HK | HK$3.52 | HK$3.54B |
| China Lilang | 1234.HK | HK$2.79 | HK$3.33B |
| Launch Tech | 2488.HK | HK$6.96 | HK$2.88B |
| Best Pacific International | 2111.HK | HK$2.48 | HK$2.58B |
| DL | 1709.HK | HK$0.88 | HK$1.74B |
Peers as grouped by the data provider. This is not an investment recommendation.
How to invest in Texhong Textile from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to HKD when you buy.
Step 3
Search 2678 and buy
Find Texhong Textile by name or by its ticker, 2678, and place your order. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
Why invest in Texhong Textile from India
What Texhong Textile does
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. Texhong Textile operates in the Manufacturing - Textiles industry within the Industrials sector.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Frequently asked questions
Can I buy Texhong Textile stock from India?
Yes. Indian residents and NRIs can buy Texhong Textile (2678) shares directly through Paasa. Texhong Textile is listed on the Hong Kong Stock Exchange, in the Manufacturing - Textiles industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.
Do I need to buy a full Texhong Textile share?
Usually more than one, and not a fraction: many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. At HK$5.49 a share, size the order by the lot, not by the share.
What tax do I pay in India when I sell Texhong Textile shares?
Hong Kong generally does not levy capital gains tax on non-resident individual investors for HKEX-listed stocks. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the HKD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.
Would my heirs owe estate tax on Texhong Textile shares?
Hong Kong has no estate duty. That is the source-country side; the shares themselves pass on like any other asset you hold in your own name.