China · Delayed Price · Currency is CNY Zhejiang Xinao Textiles Statistics
Total Valuation
SHA:603889 has a market cap or net worth of CNY 5.70 billion. The enterprise value is 7.32 billion.
| Market Cap | 5.70B |
| Enterprise Value | 7.32B |
Important Dates
The next confirmed earnings date is Wednesday, August 26, 2026.
| Earnings Date | Aug 26, 2026 |
| Ex-Dividend Date | May 25, 2026 |
Share Statistics
SHA:603889 has 949.20 million shares outstanding. The number of shares has decreased by -0.31% in one year.
| Current Share Class | 949.20M |
| Shares Outstanding | 949.20M |
| Shares Change (YoY) | -0.31% |
| Shares Change (QoQ) | +8.54% |
| Owned by Insiders (%) | 21.26% |
| Owned by Institutions (%) | 18.77% |
| Float | 457.84M |
Valuation Ratios
The trailing PE ratio is 10.66 and the forward PE ratio is 9.93.
| PE Ratio | 10.66 |
| Forward PE | 9.93 |
| PS Ratio | 1.02 |
| PB Ratio | 1.39 |
| P/TBV Ratio | 1.60 |
| P/FCF Ratio | 32.95 |
| P/OCF Ratio | 15.07 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 7.48, with an EV/FCF ratio of 42.27.
| EV / Earnings | 13.68 |
| EV / Sales | 1.31 |
| EV / EBITDA | 7.48 |
| EV / EBIT | 10.01 |
| EV / FCF | 42.27 |
Financial Position
The company has a current ratio of 1.81, with a Debt / Equity ratio of 0.50.
| Current Ratio | 1.81 |
| Quick Ratio | 0.64 |
| Debt / Equity | 0.50 |
| Debt / EBITDA | 2.10 |
| Debt / FCF | 11.84 |
| Interest Coverage | 36.94 |
Financial Efficiency
Return on equity (ROE) is 14.39% and return on invested capital (ROIC) is 11.76%.
| Return on Equity (ROE) | 14.39% |
| Return on Assets (ROA) | 6.64% |
| Return on Invested Capital (ROIC) | 11.76% |
| Return on Capital Employed (ROCE) | 15.85% |
| Weighted Average Cost of Capital (WACC) | 5.42% |
| Revenue Per Employee | 1.25M |
| Profits Per Employee | 120,063 |
| Employee Count | 4,455 |
| Asset Turnover | 0.81 |
| Inventory Turnover | 1.79 |
Taxes
In the past 12 months, SHA:603889 has paid 93.72 million in taxes.
| Income Tax | 93.72M |
| Effective Tax Rate | 14.07% |
Stock Price Statistics
The stock price has increased by +26.02% in the last 52 weeks. The beta is 0.51, so SHA:603889's price volatility has been lower than the market average.
| Beta (5Y) | 0.51 |
| 52-Week Price Change | +26.02% |
| 50-Day Moving Average | 5.55 |
| 200-Day Moving Average | 6.13 |
| Relative Strength Index (RSI) | 63.69 |
| Average Volume (20 Days) | 10,744,402 |
Short Selling Information
| Short Interest | n/a |
| Short Previous Month | n/a |
| Short % of Shares Out | n/a |
| Short % of Float | n/a |
| Short Ratio (days to cover) | n/a |
Income Statement
In the last 12 months, SHA:603889 had revenue of CNY 5.58 billion and earned 534.88 million in profits. Earnings per share was 0.56.
| Revenue | 5.58B |
| Gross Profit | 1.10B |
| Operating Income | 731.43M |
| Pretax Income | 665.87M |
| Net Income | 534.88M |
| EBITDA | 975.36M |
| EBIT | 731.43M |
| Earnings Per Share (EPS) | 0.56 |
Balance Sheet
The company has 793.85 million in cash and 2.05 billion in debt, with a net cash position of -1.26 billion or -1.32 per share.
| Cash & Cash Equivalents | 793.85M |
| Total Debt | 2.05B |
| Net Cash | -1.26B |
| Net Cash Per Share | -1.32 |
| Equity (Book Value) | 4.12B |
| Book Value Per Share | 3.77 |
| Working Capital | 2.11B |
Cash Flow
In the last 12 months, operating cash flow was 378.55 million and capital expenditures -205.41 million, giving a free cash flow of 173.14 million.
| Operating Cash Flow | 378.55M |
| Capital Expenditures | -205.41M |
| Depreciation & Amortization | 243.93M |
| Net Borrowing | 152.21M |
| Free Cash Flow | 173.14M |
| FCF Per Share | 0.18 |
Margins
Gross margin is 19.75%, with operating and profit margins of 13.10% and 9.58%.
| Gross Margin | 19.75% |
| Operating Margin | 13.10% |
| Pretax Margin | 11.92% |
| Profit Margin | 9.58% |
| EBITDA Margin | 17.47% |
| EBIT Margin | 13.10% |
| FCF Margin | 3.10% |
Dividends & Yields
This stock pays an annual dividend of 0.27, which amounts to a dividend yield of 4.71%.
| Dividend Per Share | 0.27 |
| Dividend Yield | 4.71% |
| Dividend Growth (YoY) | 51.67% |
| Years of Dividend Growth | n/a |
| Payout Ratio | 56.01% |
| Buyback Yield | 0.31% |
| Shareholder Yield | 5.01% |
| Earnings Yield | 9.38% |
| FCF Yield | 3.04% |
Fair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | |
| Lynch Upside | |
| Graham Number | |
| Graham Upside |
Analyst Forecast
The average price target for SHA:603889 is 9.23, which is 53.58% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | 9.23 |
| Price Target Difference | 53.58% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 3 |
| Revenue Growth Forecast (3Y) | 10.63% |
| EPS Growth Forecast (3Y) | n/a |
Stock Splits
The last stock split was on May 25, 2026. It was a forward split with a ratio of 1.3.
| Last Split Date | May 25, 2026 |
| Split Type | Forward |
| Split Ratio | 1.3 |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 6 |