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Texwinca HoldingsTXWHF 49 Net-Net Working Capital is $0.08 as of Mar. 2026. GuruFocus rates TXWHF with a GF Score™ of 49/100 and a GF Value™ of $0.15. The stock has 6 warning signs investors should review. Among 371 Manufacturing - Apparel & Accessories companies, Texwinca Holdings ranks better than 80.32% on this metric.
In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.
Texwinca Holdings's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $0.08.
The industry rank for Texwinca Holdings's Net-Net Working Capital or its related term are showing as below:
TXWHF's Price-to-Net-Net-Working-Capital is ranked better than 80.32% of 371
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.16
vs TXWHF: 1.74
Texwinca Holdings (OTCPK:TXWHF) Net-Net Working Capital Explanation
One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.
Benjamin Graham looked for companies whose market values were less than two-thirds of their net-net value. They are collected under our Net-Net screener.
Texwinca Holdings Net-Net Working Capital Related Terms
Texwinca Holdings Net-Net Working Capital Historical Data
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The historical data trend for Texwinca Holdings's Net-Net Working Capital can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Texwinca Holdings Net-Net Working Capital Competitor Comparison
For the Textile Manufacturing subindustry, Texwinca Holdings's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Texwinca Holdings Price-to-Net-Net-Working-Capital vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Texwinca Holdings's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Texwinca Holdings's Price-to-Net-Net-Working-Capital falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.
In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.
This is a conservative way of estimating the company's value.
What does a Net-Net Working Capital of $0.08 mean?
Texwinca Holdings (TXWHF) has a Net-Net Working Capital of $0.08 as of Mar. 2026. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Texwinca Holdings According to the industry distribution chart, Texwinca Holdings ranks #73 out of 371 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 19.7%.
Is Texwinca Holdings' Net-Net Working Capital too high?
Texwinca Holdings' current Net-Net Working Capital is $0.08. The Manufacturing - Apparel & Accessories industry median Net-Net Working Capital is 5.16. Texwinca Holdings' value of $0.08 is 98.4% below this industry median. Based on the distribution chart, Texwinca Holdings ranks #73 out of 371 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Texwinca Holdings has a GF Score™ of 49/100, reflecting its overall financial health beyond just this single metric.
How does Texwinca Holdings' Net-Net Working Capital compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Texwinca Holdings ranks #73 out of 371 companies for Net-Net Working Capital. This places Texwinca Holdings in the top 20% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 5.16. Texwinca Holdings' value of $0.08 is 98.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for a Manufacturing - Apparel & Accessories company?
The median Net-Net Working Capital among Manufacturing - Apparel & Accessories companies is 5.16, based on 371 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Texwinca Holdings's current Net-Net Working Capital of $0.08 is 98.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Texwinca Holdings For the Manufacturing - Apparel & Accessories industry, the median Net-Net Working Capital is 5.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Texwinca Holdings's current Net-Net Working Capital is $0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Texwinca Holdings stock overvalued right now?
Texwinca Holdings (TXWHF) has a current Net-Net Working Capital of $0.08. The stock's GF Value™ is $0.15, compared to a current price of $0.21 — trading 38.8% above its estimated fair value. The current Net-Net Working Capital is $0.08 and 98.4% below the Manufacturing - Apparel & Accessories industry median of 5.16. Texwinca Holdings' overall GF Score™ is 49/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For Texwinca Holdings (TXWHF), the current Net-Net Working Capital is $0.08 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Texwinca Holdings (TXWHF) Overvalued in 2026?
Based on GuruFocus' analysis, Texwinca Holdings stock appears to be overvalued.
The current stock price of $0.21 is trading 38.8% above its estimated GF Value™ of $0.15.
Key valuation signals for TXWHF:
Net-Net Working Capital: $0.08
GF Value™: $0.15 vs. price of $0.21 (38.8% above fair value)
Industry Position: 98.4% below the Manufacturing - Apparel & Accessories median (#73 of 371)
No single metric tells the full story. See the TXWHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Texwinca Holdings Ltd is a Hong Kong-based company. The company is principally engaged in the textile business, which refers to production, dyeing, and sale of knitted fabric and yarn garments, and the retail & distribution of casual apparel and accessories business, which means retailing and distribution of casual apparel and accessories. The others segment comprises, principally, the provision of franchise services and property investment. The textile business and the retail and distribution business jointly account for majority of the company's total revenue. Geographically the company generates its revenue from Mainland China, the United States, Japan, Hong Kong, and other areas, with Mainland China being the key revenue contributor.
49GF Score
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