How does 603889's PE Ratio compare to its peers?

603889 is good value based on its Price-To-Earnings Ratio (12.1x) compared to the peer average (31.6x).

How does 603889's PE Ratio compare vs other companies in the CN Luxury Industry?

603889 is good value based on its Price-To-Earnings Ratio (12.1x) compared to the CN Luxury industry average (24x).

What is 603889's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

603889 is good value based on its Price-To-Earnings Ratio (12.1x) compared to the estimated Fair Price-To-Earnings Ratio (15.7x).

What is the Fair Price of 603889 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

603889 (CN¥6.99) is trading below our estimate of [[fair value]] (CN¥11.31)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

Zhejiang Xinao Textiles (XSSC:603889) - Stock Price, News & Analysis

603889 Stock Overview

Engages in the research and development, production, and sale of wool yarn, wool tops, and cashmere yarn in China. More details

603889 fundamental analysis
Snowflake Score
Valuation	6/6
Future Growth	1/6
Past Performance	3/6
Financial Health	5/6
Dividends	4/6

Rewards

Trading at 38.2% below our estimate of its fair value

Earnings are forecast to grow 13.01% per year

Earnings grew by 5% over the past year

Trading at good value compared to peers and industry

Analysts in good agreement that stock price will rise by 21.7%

Risk Analysis

Dividend of 4.29% is not well covered by free cash flows

Zhejiang Xinao Textiles Inc. Competitors

Lu Thai Textile

SZSE:000726

CN¥4.9b

Zhewen Pictures Groupltd

SHSE:601599

CN¥4.6b

Jiangsu HuaxicunLtd

SZSE:000936

CN¥6.5b

Shanghai Shuixing Home Textile

SHSE:603365

CN¥4.3b

Price History & Performance

Summary of all time highs, changes and price drops for Zhejiang Xinao Textiles
Historical stock prices
Current Share Price	CN¥6.99
52 Week High	CN¥8.16
52 Week Low	CN¥6.06
Beta	0.28
11 Month Change	0.43%
3 Month Change	11.31%
1 Year Change	n/a
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	3.10%

Recent updates

Shareholder Returns

	603889	CN Luxury	CN Market
7D	4.8%	1.9%	-2.6%
1Y	n/a	1.9%	4.2%

Return vs Industry: Insufficient data to determine how 603889 performed against the CN Luxury industry.

Return vs Market: Insufficient data to determine how 603889 performed against the CN Market.

Price Volatility

Is 603889's price volatile compared to industry and market?
603889 volatility
603889 Average Weekly Movement	4.6%
Luxury Industry Average Movement	7.1%
Market Average Movement	8.4%
10% most volatile stocks in CN Market	12.7%
10% least volatile stocks in CN Market	5.6%

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

How do Zhejiang Xinao Textiles's earnings and revenue compare to its market cap?
603889 fundamental statistics
Market cap	CN¥5.11b
Earnings (TTM)	CN¥423.23m
Revenue (TTM)	CN¥4.80b

12.1x

P/E Ratio

1.1x

P/S Ratio

Is 603889 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
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

Dividends

4.3%

Current Dividend Yield

51%

Payout Ratio