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Zhejiang Xinao Textiles SHSE:603889 Stock Report

Last Price

CN¥7.30

Market Cap

CN¥5.0b

7D

9.6%

1Y

17.5%

Updated

18 Apr, 2024

Data

Company Financials +

Zhejiang Xinao Textiles Inc.

SHSE:603889 Stock Report

Market Cap: CN¥5.0b

603889 Stock Overview

Zhejiang Xinao Textiles Inc. engages in the research and development, production, and sale of wool yarn, wool tops, and cashmere yarn in China.

603889 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance2/6
Financial Health5/6
Dividends3/6

Zhejiang Xinao Textiles Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Zhejiang Xinao Textiles
Historical stock prices
Current Share PriceCN¥7.30
52 Week HighCN¥8.58
52 Week LowCN¥5.74
Beta0.20
1 Month Change1.53%
3 Month Change-5.56%
1 Year Change17.47%
3 Year Change100.79%
5 Year Change25.34%
Change since IPO54.19%

Recent News & Updates

Recent updates

Shareholder Returns

603889CN LuxuryCN Market
7D9.6%-3.8%-0.2%
1Y17.5%-9.2%-17.8%

Return vs Industry: 603889 exceeded the CN Luxury industry which returned -9.2% over the past year.

Return vs Market: 603889 exceeded the CN Market which returned -17.8% over the past year.

Price Volatility

Is 603889's price volatile compared to industry and market?
603889 volatility
603889 Average Weekly Movement6.0%
Luxury Industry Average Movement8.7%
Market Average Movement8.9%
10% most volatile stocks in CN Market12.7%
10% least volatile stocks in CN Market5.4%

Stable Share Price: 603889 has not had significant price volatility in the past 3 months.

Volatility Over Time: 603889's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19913,806Xinzhong Huawww.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

How do Zhejiang Xinao Textiles's earnings and revenue compare to its market cap?
603889 fundamental statistics
Market capCN¥4.98b
Earnings (TTM)CN¥404.22m
Revenue (TTM)CN¥4.44b

13.2x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
603889 income statement (TTM)
RevenueCN¥4.44b
Cost of RevenueCN¥3.61b
Gross ProfitCN¥826.72m
Other ExpensesCN¥422.50m
EarningsCN¥404.22m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 23, 2024

Earnings per share (EPS)0.55
Gross Margin18.63%
Net Profit Margin9.11%
Debt/Equity Ratio36.4%

How did 603889 perform over the long term?

See historical performance and comparison

Dividends

3.9%

Current Dividend Yield

51%

Payout Ratio
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