|Tongxin International Ltd -- USA Stock|| |
USD 0.06 0.01 20%
Director, COO of Hunan Tongxin and General Manager of Hunan Tongxin Enterprise Co Ltd
Mr. Peng Weiwu serves as Director of Tongxin International Ltd. He also serves as Chief Operating Officer of Hunan Tongxin is currently general manager of Hunan Tongxin Enterprise Co., Ltd. Mr. Peng experience spans over 20 years within the Chinese automotive industry primarily in the sales area. As an executive with the Company Mr. Peng was instrumental in increasing the company business revenues and profits. His understanding of the vehicle body segment has enabled the Company to take advantage of the growth in the commercial vehicle segment. Through his leadership Mr. Peng was responsible for improving the firm production process and enhancing product development resulting in the development of 128 brand products and 9 product series in the past 22 years. In 2003, the Company Thin Stamping Process and Design Theory in Vehicle Manufacturing Application was awarded the first prize by the China Institute of Technology.
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.