603889 Stock Overview
Engages in the research and development, production, and sale of wool yarn, wool tops, and cashmere yarn in China. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 1/6 |
| Past Performance | 3/6 |
| Financial Health | 5/6 |
| Dividends | 4/6 |
My Notes
Capture your thoughts, links and company narrative
Zhejiang Xinao Textiles Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CN¥7.22 |
| 52 Week High | CN¥8.53 |
| 52 Week Low | CN¥6.06 |
| Beta | 0.29 |
| 1 Month Change | 5.09% |
| 3 Month Change | 16.08% |
| 1 Year Change | 3.74% |
| 3 Year Change | 66.25% |
| 5 Year Change | 78.27% |
| Change since IPO | 52.50% |
Recent News & Updates
Returns Are Gaining Momentum At Zhejiang Xinao Textiles (SHSE:603889)
Dec 16
Zhejiang Xinao Textiles' (SHSE:603889) Solid Earnings May Rest On Weak Foundations
Oct 28Are Investors Undervaluing Zhejiang Xinao Textiles Inc. (SHSE:603889) By 43%?
Oct 15Recent updates
Returns Are Gaining Momentum At Zhejiang Xinao Textiles (SHSE:603889)
Dec 16Zhejiang Xinao Textiles' (SHSE:603889) Solid Earnings May Rest On Weak Foundations
Oct 28Are Investors Undervaluing Zhejiang Xinao Textiles Inc. (SHSE:603889) By 43%?
Oct 15Zhejiang Xinao Textiles Inc.'s (SHSE:603889) Price Is Right But Growth Is Lacking
Sep 30CN¥8.85: That's What Analysts Think Zhejiang Xinao Textiles Inc. (SHSE:603889) Is Worth After Its Latest Results
Apr 21Is Zhejiang Xinao Textiles Inc. (SHSE:603889) Trading At A 32% Discount?
Apr 18Shareholder Returns
| 603889 | CN Luxury | CN Market | |
|---|---|---|---|
| 7D | -0.1% | -3.0% | -1.2% |
| 1Y | 3.7% | 6.5% | 11.8% |
Return vs Industry: 603889 matched the CN Luxury industry which returned 3.5% over the past year.
Return vs Market: 603889 underperformed the CN Market which returned 10.9% over the past year.
Price Volatility
| 603889 volatility | |
|---|---|
| 603889 Average Weekly Movement | 5.1% |
| Luxury Industry Average Movement | 7.7% |
| Market Average Movement | 8.7% |
| 10% most volatile stocks in CN Market | 12.8% |
| 10% least volatile stocks in CN Market | 5.7% |
Stable Share Price: 603889 has not had significant price volatility in the past 3 months compared to the CN market.
Volatility Over Time: 603889's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1991 | 3,979 | Xinzhong Hua | www.zjxinao.cn |
Zhejiang Xinao Textiles Inc. engages in the research and development, production, and sale of wool yarn, wool tops, and cashmere yarn in China. The company offers worsted, woolen pure wool, and wool blended yarns; and slubbed, worsted pure cashmere, and cashmere blended yarns. Its products are used in cashmere sweaters, woolen sweaters, wool underwear, wool T-shirts, wool socks, and other knitwear.
Zhejiang Xinao Textiles Inc. Fundamentals Summary
| 603889 fundamental statistics | |
|---|---|
| Market cap | CN¥5.28b |
| Earnings (TTM) | CN¥423.23m |
| Revenue (TTM) | CN¥4.80b |
12.5x
P/E Ratio1.1x
P/S RatioIs 603889 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 603889 income statement (TTM) | |
|---|---|
| Revenue | CN¥4.80b |
| Cost of Revenue | CN¥3.93b |
| Gross Profit | CN¥873.02m |
| Other Expenses | CN¥449.79m |
| Earnings | CN¥423.23m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.58 |
| Gross Margin | 18.19% |
| Net Profit Margin | 8.82% |
| Debt/Equity Ratio | 42.4% |
How did 603889 perform over the long term?
See historical performance and comparisonDividends
4.2%
Current Dividend Yield51%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 18:28 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Zhejiang Xinao Textiles Inc. is covered by 10 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Yu Lei | Changjiang Securities Co. LTD. |
| Fu Yang | Chasing Securities |
| Li Liu | China Merchants Securities Co. Ltd. |