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Zhejiang Xinao Textiles Inc Class A 603889

Morningstar Rating
CNY 7.97 −0.01 (0.13%)
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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 121% premium.
Price
CNY 7.82
Fair Value
CNY 1.26
Uncertainty
High
1-Star Price
CNY 65.13
5-Star Price
CNY 7.86
Economic Moat
Rkkw
Capital Allocation
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Trading Information

Previous Close Price
CNY 7.98
Day Range
CNY 7.948.01
52-Week Range
CNY 5.748.58
Bid/Ask
CNY 7.97 / CNY 7.98
Market Cap
CNY 5.82 Bil
Volume/Avg
547,020 / 4.3 Mil

Key Statistics

Price/Earnings (Normalized)
14.51
Price/Sales
1.26
Dividend Yield (Trailing)
5.01%
Dividend Yield (Forward)
3.76%
Total Yield
5.12%

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
Mid Core
Total Number of Employees
3,979

Comparables

Valuation

Metric
603889
002072
600370
Price/Earnings (Normalized)
14.51455.5288.28
Price/Book Value
1.7525.731.21
Price/Sales
1.263.460.32
Price/Cash Flow
10.80
Price/Earnings
603889
002072
600370

Financial Strength

Metric
603889
002072
600370
Quick Ratio
0.910.980.97
Current Ratio
2.111.951.52
Interest Coverage
14.67−1.82
Quick Ratio
603889
002072
600370

Profitability

Metric
603889
002072
600370
Return on Assets (Normalized)
7.40%2.82%−2.39%
Return on Equity (Normalized)
12.64%5.94%−6.04%
Return on Invested Capital (Normalized)
9.22%5.81%−2.19%
Return on Assets
603889
002072
600370
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