|Tongxin International Ltd -- USA Stock|| |
USD 0.041 0.001 2.5%
Mr. Frank Wang serves as Director of Tongxin International Ltd. He has over 25 years of management experience in multinational and China local manufacturing companies. Frank started with his finance background, he has experienced and been involved into the whole China automotive industry growth period since 1995. Frank currently serves as the managing director of Dephi Packard China and Asia Pacific Purchasing Director.
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. Tongxin International Ltd (TXIC) is traded on OTC Market in USA. It is located in Tongxin International, Ltd.Birmingham, MI and employs 11 people.