Stock 603889 ZHEJIANG XINAO TEXTILES INC.
Add to a list
To use this feature you must be a member
Log inSign up

Financials Zhejiang Xinao Textiles Inc.

Equities

603889

CNE100001TT3

Textiles & Leather Goods

End-of-day quote Shanghai S.E.
Other stock markets
 18:00:00 2024-04-29 EDT 		5-day change 1st Jan Change
7.55 CNY +1.07% Intraday chart for Zhejiang Xinao Textiles Inc. +3.14% +6.04%
04-22 Zhejiang Xinao Textiles Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024 CI
04-17 Zhejiang Xinao Textiles Inc. Reports Earnings Results for the Full Year Ended December 31, 2023 CI

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 2,922 2,461 3,168 3,674 5,202 5,516 - -
Enterprise Value (EV) 1 2,922 2,461 3,168 3,674 5,202 5,516 5,516 5,516
P/E ratio 20.4 x 16 x 10.7 x 9.45 x 12.7 x 11.7 x 9.73 x 8.81 x
Yield - - - 5.57% 4.21% 4.24% 5.1% 5.7%
Capitalization / Revenue - - 0.92 x 0.93 x 1.17 x 1.08 x 0.96 x 0.85 x
EV / Revenue - - 0.92 x 0.93 x 1.17 x 1.08 x 0.96 x 0.85 x
EV / EBITDA - - 6.62 x 6.14 x 8.15 x 7.29 x 6.27 x 5.74 x
EV / FCF - - - - -41.1 x 19.8 x 15.7 x 11.8 x
FCF Yield - - - - -2.44% 5.04% 6.36% 8.47%
Price to Book - - 1.17 x 1.24 x 1.64 x 1.58 x 1.44 x 1.3 x
Nbr of stocks (in thousands) 716,445 716,445 716,445 716,445 730,656 730,656 - -
Reference price 2 4.079 3.436 4.421 5.129 7.120 7.550 7.550 7.550
Announcement Date 20-04-08 21-03-30 22-03-10 23-04-13 24-04-17 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 - - 3,445 3,950 4,438 5,105 5,769 6,488
EBITDA 1 - - 478.5 598.3 638.5 757 880.2 961.7
EBIT 1 - - 352.9 468.5 484.4 552.7 668.6 750.7
Operating Margin - - 10.24% 11.86% 10.91% 10.83% 11.59% 11.57%
Earnings before Tax (EBT) 1 - - 354.7 467.4 485.7 560.2 671.8 750.4
Net income 1 - 151.5 298.3 389.7 404.2 470.7 561.1 627.4
Net margin - - 8.66% 9.87% 9.11% 9.22% 9.73% 9.67%
EPS 2 0.2000 0.2143 0.4143 0.5429 0.5600 0.6433 0.7760 0.8567
Free Cash Flow 1 - - - - -126.7 278 351 467
FCF margin - - - - -2.86% 5.45% 6.08% 7.2%
FCF Conversion (EBITDA) - - - - - 36.72% 39.88% 48.56%
FCF Conversion (Net income) - - - - - 59.06% 62.56% 74.44%
Dividend per Share 2 - - - 0.2857 0.3000 0.3200 0.3850 0.4300
Announcement Date 20-04-08 21-03-30 22-03-10 23-04-13 24-04-17 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow 1 - - - -127 278 351 467
ROE (net income / shareholders' equity) - 11.4% 13.8% 13.3% 13.4% 14.8% 14.6%
ROA (Net income/ Total Assets) - - 9.04% - 8.98% 9.56% -
Assets 1 - - 4,309 - 5,241 5,869 -
Book Value Per Share 2 - 3.790 4.130 4.340 4.760 5.240 5.820
Cash Flow per Share 2 - -0.1700 0.5200 0.7600 0.5800 0.9800 0.8000
Capex 1 - - 76.7 679 400 300 350
Capex / Sales - - 1.94% 15.3% 7.84% 5.2% 5.39%
Announcement Date 21-03-30 22-03-10 23-04-13 24-04-17 - - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Zhejiang Xinao Textiles Inc.

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
7.55 CNY
Average target price
8.85 CNY
Spread / Average Target
+17.22%
Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

Sector Yarn Goods

1st Jan change Capi.
ZHEJIANG XINAO TEXTILES INC. Stock Zhejiang Xinao Textiles Inc.
+6.04% 762M
CHINA JUSHI CO., LTD. Stock China Jushi Co., Ltd.
+21.36% 6.6B
VARDHMAN TEXTILES LIMITED Stock Vardhman Textiles Limited
+15.63% 1.54B
ZHEJIANG TAIHUA NEW MATERIAL CO.,LTD Stock Zhejiang Taihua New Material Co.,Ltd
-7.56% 1.28B
BROS EASTERN.,LTD Stock Bros Eastern.,Ltd
+18.07% 1.18B
HUAFU FASHION CO., LTD. Stock Huafu Fashion Co., Ltd.
+10.93% 1.08B
TAINAN SPINNING CO., LTD. Stock Tainan Spinning Co., Ltd.
+24.68% 1B
THE JAPAN WOOL TEXTILE CO., LTD. Stock The Japan Wool Textile Co., Ltd.
+1.12% 597M
ZHEWEN PICTURES GROUP CO.,LTD Stock Zhewen Pictures Group co.,ltd
-17.65% 561M
TEXHONG INTERNATIONAL GROUP LIMITED Stock Texhong International Group Limited
-2.97% 499M
Yarn Goods
  1. Stock Market
  2. Equities
  3. 603889 Stock
  4. Financials Zhejiang Xinao Textiles Inc.