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Zhejiang Xinao Textiles SHSE:603889 Stock Report

Last Price

CN¥6.45

Market Cap

CN¥4.7b

7D

2.9%

1Y

-21.0%

Updated

24 Sep, 2024

Data

Company Financials +

Zhejiang Xinao Textiles Inc.

SHSE:603889 Stock Report

Market Cap: CN¥4.7b

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¥6.45
52 Week HighCN¥8.23
52 Week LowCN¥6.06
Beta0.20
11 Month Change1.26%
3 Month Change-16.02%
1 Year Change-20.96%
33 Year Change39.78%
5 Year Change56.77%
Change since IPO36.24%

Recent News & Updates

CN¥8.85: That's What Analysts Think Zhejiang Xinao Textiles Inc. (SHSE:603889) Is Worth After Its Latest Results

Apr 21
CN¥8.85: That's What Analysts Think Zhejiang Xinao Textiles Inc. (SHSE:603889) Is Worth After Its Latest Results

Is Zhejiang Xinao Textiles Inc. (SHSE:603889) Trading At A 32% Discount?

Apr 18
Is Zhejiang Xinao Textiles Inc. (SHSE:603889) Trading At A 32% Discount?

Recent updates

CN¥8.85: That's What Analysts Think Zhejiang Xinao Textiles Inc. (SHSE:603889) Is Worth After Its Latest Results

Apr 21
CN¥8.85: That's What Analysts Think Zhejiang Xinao Textiles Inc. (SHSE:603889) Is Worth After Its Latest Results

Is Zhejiang Xinao Textiles Inc. (SHSE:603889) Trading At A 32% Discount?

Apr 18
Is Zhejiang Xinao Textiles Inc. (SHSE:603889) Trading At A 32% Discount?

Shareholder Returns

603889CN LuxuryCN Market
7D2.9%1.8%1.1%
1Y-21.0%-23.3%-20.4%

Return vs Industry: 603889 exceeded the CN Luxury industry which returned -23.3% over the past year.

Return vs Market: 603889 matched the CN Market which returned -20.4% over the past year.

Price Volatility

Is 603889's price volatile compared to industry and market?
603889 volatility
603889 Average Weekly Movement4.7%
Luxury Industry Average Movement4.7%
Market Average Movement5.4%
10% most volatile stocks in CN Market8.5%
10% least volatile stocks in CN Market3.6%

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

Volatility Over Time: 603889's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19913,979Xinzhong 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¥4.71b
Earnings (TTM)CN¥415.72m
Revenue (TTM)CN¥4.67b

11.3x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
603889 income statement (TTM)
RevenueCN¥4.67b
Cost of RevenueCN¥3.80b
Gross ProfitCN¥871.39m
Other ExpensesCN¥455.67m
EarningsCN¥415.72m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.57
Gross Margin18.64%
Net Profit Margin8.89%
Debt/Equity Ratio47.2%

How did 603889 perform over the long term?

See historical performance and comparison

Dividends

4.7%

Current Dividend Yield

53%

Payout Ratio