Z

Zhejiang Xinao Textiles Inc
SSE:603889

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Zhejiang Xinao Textiles Inc
SSE:603889
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Price: 9 CNY -0.66% Market Closed
Market Cap: ¥6.6B

Net Margin

9%
Current
Declining
by 0.2%
vs 3-y average of 9.1%

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
9%
=
Net Income
¥435.6m
/
Revenue
¥4.9B

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
9%
=
Net Income
¥435.6m
/
Revenue
¥4.9B

Market Distribution

Higher than 70% of companies in China
Percentile
70th
Based on 8 721 companies
70th percentile
9%
Low
-416 945.9% — -1.5%
Typical Range
-1.5% — 8.9%
High
8.9% — 17 382.1%
Distribution Statistics
China
Min -416 945.9%
30th Percentile -1.5%
Median 3.5%
70th Percentile 8.9%
Max 17 382.1%

Zhejiang Xinao Textiles Inc
Glance View

Zhejiang Xinao Textiles, Inc. engages in the research and development, production, and sale of worsted yarn. The company is headquartered in Jiaxing, Zhejiang and currently employs 3,752 full-time employees. The company went IPO on 2014-12-31. The firm's main products include wool worsted yarns and wool tops. The firm's products are mainly used in knitwear, such as cashmere sweaters, sweaters, wool underwear, wool T-shirts, wool socks and other knitwear. The firm also provides modification and finishing services. The firm distributes its products in domestic market and to overseas markets.

Intrinsic Value
9.05 CNY
Undervaluation 1%
Intrinsic Value
Price
Z
What is Net Margin?
Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.
How is Net Margin calculated?

Net Margin is calculated by dividing the Net Income by the Revenue.

Net Margin
9%
=
Net Income
¥435.6m
/
Revenue
¥4.9B
What is Zhejiang Xinao Textiles Inc's current Net Margin?

The current Net Margin for Zhejiang Xinao Textiles Inc is 9%, which is below its 3-year median of 9.1%.

How has Net Margin changed over time?

Over the last 3 years, Zhejiang Xinao Textiles Inc’s Net Margin has decreased from 9.8% to 9%. During this period, it reached a low of 8.8% on Sep 30, 2024 and a high of 10.1% on Mar 31, 2023.

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