China · Delayed Price · Currency is CNY Zhejiang Xinao Textiles Statistics
Total Valuation
SHA:603889 has a market cap or net worth of CNY 5.30 billion. The enterprise value is 6.80 billion.
| Market Cap | 5.30B |
| Enterprise Value | 6.80B |
Important Dates
The next estimated earnings date is Friday, August 21, 2026.
| Earnings Date | Aug 21, 2026 |
| Ex-Dividend Date | May 25, 2026 |
Share Statistics
SHA:603889 has 949.21 million shares outstanding. The number of shares has increased by 0.18% in one year.
| Current Share Class | 949.21M |
| Shares Outstanding | 949.21M |
| Shares Change (YoY) | +0.18% |
| Shares Change (QoQ) | -3.58% |
| Owned by Insiders (%) | 17.23% |
| Owned by Institutions (%) | 10.66% |
| Float | 496.03M |
Valuation Ratios
The trailing PE ratio is 10.51 and the forward PE ratio is 9.22.
| PE Ratio | 10.51 |
| Forward PE | 9.22 |
| PS Ratio | 1.01 |
| PB Ratio | 1.27 |
| P/TBV Ratio | 1.46 |
| P/FCF Ratio | 41.58 |
| P/OCF Ratio | 16.65 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 7.73, with an EV/FCF ratio of 53.42.
| EV / Earnings | 13.64 |
| EV / Sales | 1.30 |
| EV / EBITDA | 7.73 |
| EV / EBIT | 10.70 |
| EV / FCF | 53.42 |
Financial Position
The company has a current ratio of 1.93, with a Debt / Equity ratio of 0.46.
| Current Ratio | 1.93 |
| Quick Ratio | 0.63 |
| Debt / Equity | 0.46 |
| Debt / EBITDA | 2.17 |
| Debt / FCF | 14.97 |
| Interest Coverage | 14.28 |
Financial Efficiency
Return on equity (ROE) is 13.67% and return on invested capital (ROIC) is 10.89%.
| Return on Equity (ROE) | 13.67% |
| Return on Assets (ROA) | 5.99% |
| Return on Invested Capital (ROIC) | 10.89% |
| Return on Capital Employed (ROCE) | 13.58% |
| Weighted Average Cost of Capital (WACC) | 6.09% |
| Revenue Per Employee | 1.17M |
| Profits Per Employee | 112,001 |
| Employee Count | 4,455 |
| Asset Turnover | 0.79 |
| Inventory Turnover | 1.68 |
Taxes
In the past 12 months, SHA:603889 has paid 86.61 million in taxes.
| Income Tax | 86.61M |
| Effective Tax Rate | 13.92% |
Stock Price Statistics
The stock price has increased by +19.10% in the last 52 weeks. The beta is 0.60, so SHA:603889's price volatility has been lower than the market average.
| Beta (5Y) | 0.60 |
| 52-Week Price Change | +19.10% |
| 50-Day Moving Average | 6.36 |
| 200-Day Moving Average | 5.94 |
| Relative Strength Index (RSI) | 27.11 |
| Average Volume (20 Days) | 16,672,300 |
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 5.23 billion and earned 498.96 million in profits. Earnings per share was 0.53.
| Revenue | 5.23B |
| Gross Profit | 1.03B |
| Operating Income | 635.66M |
| Pretax Income | 621.99M |
| Net Income | 498.96M |
| EBITDA | 879.51M |
| EBIT | 635.66M |
| Earnings Per Share (EPS) | 0.53 |
Balance Sheet
The company has 748.98 million in cash and 1.91 billion in debt, with a net cash position of -1.16 billion or -1.22 per share.
| Cash & Cash Equivalents | 748.98M |
| Total Debt | 1.91B |
| Net Cash | -1.16B |
| Net Cash Per Share | -1.22 |
| Equity (Book Value) | 4.16B |
| Book Value Per Share | 4.02 |
| Working Capital | 2.16B |
Cash Flow
In the last 12 months, operating cash flow was 318.09 million and capital expenditures -190.72 million, giving a free cash flow of 127.37 million.
| Operating Cash Flow | 318.09M |
| Capital Expenditures | -190.72M |
| Depreciation & Amortization | 243.84M |
| Net Borrowing | 161.14M |
| Free Cash Flow | 127.37M |
| FCF Per Share | 0.13 |
Margins
Gross margin is 19.66%, with operating and profit margins of 12.14% and 9.53%.
| Gross Margin | 19.66% |
| Operating Margin | 12.14% |
| Pretax Margin | 11.88% |
| Profit Margin | 9.53% |
| EBITDA Margin | 16.80% |
| EBIT Margin | 12.14% |
| FCF Margin | 2.43% |
Dividends & Yields
This stock pays an annual dividend of 0.27, which amounts to a dividend yield of 4.81%.
| Dividend Per Share | 0.27 |
| Dividend Yield | 4.81% |
| Dividend Growth (YoY) | 16.67% |
| Years of Dividend Growth | n/a |
| Payout Ratio | 52.90% |
| Buyback Yield | -0.18% |
| Shareholder Yield | 4.62% |
| Earnings Yield | 9.42% |
| FCF Yield | 2.40% |
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 2.95 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.95 |
| Piotroski F-Score | 6 |