Z

Zhejiang Xinao Textiles Inc
SSE:603889

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Zhejiang Xinao Textiles Inc
SSE:603889
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Price: 8.89 CNY -2.84%
Market Cap: ¥6.5B

EV/EBITDA

11.5
Current
5%
More Expensive
vs 3-y average of 10.9

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
11.5
=
Enterprise Value
¥7.4B
/
EBITDA
¥623.9m

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
11.5
=
Enterprise Value
¥7.4B
/
EBITDA
¥623.9m

Valuation Scenarios

Zhejiang Xinao Textiles Inc is trading above its 3-year average

If EV/EBITDA returns to its 3-Year Average (10.9), the stock would be worth ¥8.44 (5% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-5%
Maximum Upside
+150%
Average Upside
34%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 11.5 ¥8.89
0%
3-Year Average 10.9 ¥8.44
-5%
5-Year Average 11 ¥8.45
-5%
Industry Average 11.1 ¥8.59
-3%
Country Average 28.8 ¥22.25
+150%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
¥7.4B
/
Jan 2026
¥623.9m
=
11.5
Current
¥7.4B
/
Dec 2026
¥893.4m
=
8.2
Forward
¥7.4B
/
Dec 2027
¥981.2m
=
7.5
Forward

Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CN
Z
Zhejiang Xinao Textiles Inc
SSE:603889
Average EV/EBITDA: 45.1
11.5
N/A N/A
CN
H
Hmt Xiamen New Technical Materials Co Ltd
SSE:603306
106.7
N/A N/A
HK
C
Cecep Costin New Materials Group Ltd
HKEX:2228
Negative Multiple: -80.2 N/A N/A
CN
S
Shijiazhuang ChangShan BeiMing Technology Co Ltd
SZSE:000158
103.5
N/A N/A
IN
S
Spentex Industries Ltd
NSE:SPENTEX
Negative Multiple: -5 606 N/A N/A
TW
Eclat Textile Co Ltd
TWSE:1476
10.3
13%
0.8
IN
Sumeet Industries Ltd
NSE:SUMEETINDS
Negative Multiple: -432.9 N/A N/A
CN
D
Deyun Holding Ltd
HKEX:1440
Negative Multiple: -829.6 N/A N/A
CN
W
Weiqiao Textile Co Ltd
HKEX:2698
Negative Multiple: -5.2 N/A N/A
UK
Coats Group PLC
LSE:COA
9.1
13%
0.7
CN
Bros Eastern Co Ltd
SSE:601339
29.6
N/A N/A

Market Distribution

Lower than 81% of companies in China
Percentile
19th
Based on 5 409 companies
19th percentile
11.5
Low
0 — 16.3
Typical Range
16.3 — 53.1
High
53.1 —
Distribution Statistics
China
Min 0
30th Percentile 16.3
Median 28.8
70th Percentile 53.1
Max 49 021

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
9.86 CNY
Undervaluation 10%
Intrinsic Value
Price ¥8.89
Z
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