Zhejiang Xinao Textiles Inc Class A 603889

Morningstar Rating
¥6.94 +0.19 (2.81%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

603889 is trading at a 41% premium.
Price
¥6.72
Fair Value
¥2.47
Uncertainty
High
1-Star Price
¥33.16
5-Star Price
¥7.63
Economic Moat
Lyny
Capital Allocation

Trading Information

Previous Close Price
¥6.75
Day Range
¥6.796.98
52-Week Range
¥6.068.23
Bid/Ask
¥6.94 / ¥6.95
Market Cap
¥5.07 Bil
Volume/Avg
3.2 Mil / 3.9 Mil

Key Statistics

Price/Earnings (Normalized)
12.39
Price/Sales
1.08
Dividend Yield (Trailing)
4.32%
Dividend Yield (Forward)
4.32%
Total Yield
4.32%

Company Profile

Zhejiang Xinao Textiles Inc along with its subsidiaries is engaged in research, development, production & sales of worsted yarn. Its products are worsted yarn & intermediate products of wool tops used in the downstream textile & clothing sector.
Sector
Consumer Cyclical
Industry
Textile Manufacturing
Stock Style Box
Small Core
Total Number of Employees
3,979

Comparables

Valuation

Metric
603889
603055
605189
Price/Earnings (Normalized)
12.3917.4515.75
Price/Book Value
1.572.131.00
Price/Sales
1.081.610.77
Price/Cash Flow
7.387.898.09
Price/Earnings
603889
603055
605189

Financial Strength

Metric
603889
603055
605189
Quick Ratio
0.930.600.50
Current Ratio
1.941.171.37
Interest Coverage
13.247.529.33
Quick Ratio
603889
603055
605189

Profitability

Metric
603889
603055
605189
Return on Assets (Normalized)
7.34%5.94%2.92%
Return on Equity (Normalized)
12.85%13.78%6.39%
Return on Invested Capital (Normalized)
9.21%8.76%4.10%
Return on Assets
603889
603055
605189

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