|Tongxin International Ltd -- USA Stock|| |
USD 0.065 0.005 7.14%
Mr. Xiao Tangbing serves as Director of Tongxin International Ltd. He brings a background in business administration and over 30 years experience in China machinery and electronics controls industry. He is currently chairman and general manager of Changsha Machinery and Electronic Equipment, Inc.
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.