China · Delayed Price · Currency is CNY Zhejiang Xinao Textiles Statistics
Total Valuation
SHA:603889 has a market cap or net worth of CNY 5.99 billion. The enterprise value is 7.79 billion.
| Market Cap | 5.99B |
| Enterprise Value | 7.79B |
Important Dates
The last earnings date was Friday, October 23, 2026.
| Earnings Date | Oct 23, 2026 |
| Ex-Dividend Date | May 25, 2026 |
Share Statistics
SHA:603889 has 949.20 million shares outstanding. The number of shares has decreased by -1.42% in one year.
| Current Share Class | 949.20M |
| Shares Outstanding | 949.20M |
| Shares Change (YoY) | -1.42% |
| Shares Change (QoQ) | -8.71% |
| Owned by Insiders (%) | 21.27% |
| Owned by Institutions (%) | 19.16% |
| Float | 457.72M |
Valuation Ratios
The trailing PE ratio is 10.39 and the forward PE ratio is 10.16.
| PE Ratio | 10.39 |
| Forward PE | 10.16 |
| PS Ratio | 1.03 |
| PB Ratio | 1.40 |
| P/TBV Ratio | 1.61 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | 45.11 |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | 13.58 |
| EV / Sales | 1.34 |
| EV / EBITDA | 7.61 |
| EV / EBIT | 10.32 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.76, with a Debt / Equity ratio of 0.55.
| Current Ratio | 1.76 |
| Quick Ratio | 0.62 |
| Debt / Equity | 0.55 |
| Debt / EBITDA | 2.28 |
| Debt / FCF | n/a |
| Interest Coverage | 17.34 |
Financial Efficiency
Return on equity (ROE) is 14.83% and return on invested capital (ROIC) is 11.80%.
| Return on Equity (ROE) | 14.83% |
| Return on Assets (ROA) | 6.67% |
| Return on Invested Capital (ROIC) | 11.80% |
| Return on Capital Employed (ROCE) | 15.91% |
| Weighted Average Cost of Capital (WACC) | 5.44% |
| Revenue Per Employee | 1.31M |
| Profits Per Employee | 128,689 |
| Employee Count | 4,455 |
| Asset Turnover | 0.82 |
| Inventory Turnover | 1.85 |
Taxes
In the past 12 months, SHA:603889 has paid 103.52 million in taxes.
| Income Tax | 103.52M |
| Effective Tax Rate | 14.53% |
Stock Price Statistics
The stock price has increased by +1.99% in the last 52 weeks. The beta is 0.49, so SHA:603889's price volatility has been lower than the market average.
| Beta (5Y) | 0.49 |
| 52-Week Price Change | +1.99% |
| 50-Day Moving Average | 6.03 |
| 200-Day Moving Average | 6.17 |
| Relative Strength Index (RSI) | 55.71 |
| Average Volume (20 Days) | 11,797,940 |
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 5.82 billion and earned 573.31 million in profits. Earnings per share was 0.61.
| Revenue | 5.82B |
| Gross Profit | 1.16B |
| Operating Income | 754.38M |
| Pretax Income | 712.63M |
| Net Income | 573.31M |
| EBITDA | 1.02B |
| EBIT | 754.38M |
| Earnings Per Share (EPS) | 0.61 |
Balance Sheet
The company has 899.64 million in cash and 2.33 billion in debt, with a net cash position of -1.43 billion or -1.51 per share.
| Cash & Cash Equivalents | 899.64M |
| Total Debt | 2.33B |
| Net Cash | -1.43B |
| Net Cash Per Share | -1.51 |
| Equity (Book Value) | 4.27B |
| Book Value Per Share | 4.11 |
| Working Capital | 2.14B |
Cash Flow
In the last 12 months, operating cash flow was 132.78 million and capital expenditures -220.97 million, giving a free cash flow of -88.19 million.
| Operating Cash Flow | 132.78M |
| Capital Expenditures | -220.97M |
| Depreciation & Amortization | 268.24M |
| Net Borrowing | 433.48M |
| Free Cash Flow | -88.19M |
| FCF Per Share | -0.09 |
Margins
Gross margin is 19.92%, with operating and profit margins of 12.96% and 9.85%.
| Gross Margin | 19.92% |
| Operating Margin | 12.96% |
| Pretax Margin | 12.24% |
| Profit Margin | 9.85% |
| EBITDA Margin | 17.57% |
| EBIT Margin | 12.96% |
| FCF Margin | n/a |
Dividends & Yields
This stock pays an annual dividend of 0.27, which amounts to a dividend yield of 4.27%.
| Dividend Per Share | 0.27 |
| Dividend Yield | 4.27% |
| Dividend Growth (YoY) | 51.67% |
| Years of Dividend Growth | n/a |
| Payout Ratio | 52.31% |
| FCF Payout Ratio | n/a |
| Buyback Yield | 1.42% |
| Shareholder Yield | 5.69% |
| Earnings Yield | 9.63% |
| FCF Yield | -1.47% |
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 |
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
SHA:603889 has an Altman Z-Score of 2.92 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.92 |
| Piotroski F-Score | 6 |