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 | 6/6 |
| Future Growth | 1/6 |
| Past Performance | 3/6 |
| Financial Health | 5/6 |
| Dividends | 3/6 |
Rewards
Risk Analysis
Zhejiang Xinao Textiles Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CN¥6.82 |
| 52 Week High | CN¥8.16 |
| 52 Week Low | CN¥6.06 |
| Beta | 0.28 |
| 11 Month Change | -1.30% |
| 3 Month Change | 0.29% |
| 1 Year Change | -4.75% |
| 33 Year Change | 54.25% |
| 5 Year Change | 68.99% |
| Change since IPO | 44.05% |
Recent News & Updates
Zhejiang Xinao Textiles' (SHSE:603889) Solid Earnings May Rest On Weak Foundations
Oct 28
Are 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 30Recent updates
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 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 | -3.7% | -4.9% | -6.7% |
| 1Y | -4.7% | -5.7% | 1.9% |
Return vs Industry: 603889 matched the CN Luxury industry which returned -5.7% over the past year.
Return vs Market: 603889 underperformed the CN Market which returned 1.9% over the past year.
Price Volatility
| 603889 volatility | |
|---|---|
| 603889 Average Weekly Movement | 5.1% |
| Luxury Industry Average Movement | 6.8% |
| Market Average Movement | 8.2% |
| 10% most volatile stocks in CN Market | 12.5% |
| 10% least volatile stocks in CN Market | 5.5% |
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¥4.98b |
| Earnings (TTM) | CN¥423.23m |
| Revenue (TTM) | CN¥4.80b |
11.8x
P/E Ratio1.0x
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 comparison