|Tongxin International Ltd -- USA Stock|| |
USD 0.06 0.00 0.00%
Mr. David Leong is Director of the Company. David Leong is a serial entrepreneur with experience in ecommerce, restaurants, and real estate development and marketing since 2002. Prior to 2002 he was in the technology group at Accenture LLP. He is a graduate of the Stern School of Business at New York University with a B. S. degree in Finance and Information Technology.
Age: 36 Director Since 2014
The company has return on total asset (ROA)
of (2.48) %
which means that it has lost $2.48 on every $100 spent on asset. This is way below average. Similarly, it shows return on stockholders equity (ROE)
of (28.08) %
meaning that it created substantial loss on money invested by shareholders.
The company currently holds 34.1 M in liabilities with Debt to Equity (D/E) ratio of 71.8 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Tongxin International Ltd has Current Ratio of 0.61 indicating that it has a negative working capital and may not be able to pay financial obligations when they are due.
Tongxin International, Ltd., through its subsidiary, Hunan Tongxin Enterprise Co Ltd., designs, manufactures, assembles, and sells engineered vehicle body structures in China. The company was founded in 1984 and is headquartered in Birmingham, Michigan. Tongxin International operates under Auto Parts classification in USA and traded on OTC Market exchange.Tongxin International Ltd (TXIC) is traded on OTC Market in USA. It is located in 199 Pierce Street and employs 11 people.