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Zhejiang Xinao Textiles Inc
SSE:603889

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Zhejiang Xinao Textiles Inc
SSE:603889
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Price: 8.06 CNY 1.26% Market Closed
Updated: May 15, 2024

Intrinsic Value

Zhejiang Xinao Textiles, Inc. engages in the research and development, production, and sale of worsted yarn. [ Read More ]

The intrinsic value of one Zhejiang Xinao Textiles Inc stock under the Base Case scenario is 12.79 CNY. Compared to the current market price of 8.06 CNY, Zhejiang Xinao Textiles Inc is Undervalued by 37%.

Key Points:
Intrinsic Value
Base Case
12.79 CNY
Undervaluation 37%
Intrinsic Value
Price
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Best Case

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Zhejiang Xinao Textiles Inc

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Fundamental Analysis

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Zhejiang Xinao Textiles Inc

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Financials
Annual
Quarterly
TTM
Annual
Quarterly
TTM

Balance Sheet Decomposition
Zhejiang Xinao Textiles Inc

Current Assets 3.5B
Cash & Short-Term Investments 1.1B
Receivables 491.2m
Other Current Assets 1.9B
Non-Current Assets 2.1B
Long-Term Investments 127.4m
PP&E 1.8B
Intangibles 185.2m
Other Non-Current Assets 13.7m
Current Liabilities 2B
Accounts Payable 532.4m
Accrued Liabilities 155m
Short-Term Debt 866.4m
Other Current Liabilities 396.4m
Non-Current Liabilities 524.7m
Long-Term Debt 380.3m
Other Non-Current Liabilities 144.4m
Efficiency

Earnings Waterfall
Zhejiang Xinao Textiles Inc

Revenue
4.6B CNY
Cost of Revenue
-3.7B CNY
Gross Profit
829.3m CNY
Operating Expenses
-332.3m CNY
Operating Income
497m CNY
Other Expenses
-86.8m CNY
Net Income
410.2m CNY

Free Cash Flow Analysis
Zhejiang Xinao Textiles Inc

Last Value
3-Years Average
FCF Margin
Conversion Rate
History
Components
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Fundamental Scores

Profitability Score
Profitability Due Diligence

Zhejiang Xinao Textiles Inc's profitability score is 55/100. The higher the profitability score, the more profitable the company is.

Exceptional 3-Years Revenue Growth
Positive Revenue Growth Forecast
ROE is Increasing
Positive Gross Profit
55/100
Profitability
Score

Zhejiang Xinao Textiles Inc's profitability score is 55/100. The higher the profitability score, the more profitable the company is.

Solvency Score
Solvency Due Diligence

Zhejiang Xinao Textiles Inc's solvency score is 61/100. The higher the solvency score, the more solvent the company is.

Low D/E
Long-Term Solvency
High Altman Z-Score
Short-Term Solvency
61/100
Solvency
Score

Zhejiang Xinao Textiles Inc's solvency score is 61/100. The higher the solvency score, the more solvent the company is.

Wall St
Price Targets

Price Targets Summary
Zhejiang Xinao Textiles Inc

Wall Street analysts forecast Zhejiang Xinao Textiles Inc stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for Zhejiang Xinao Textiles Inc is 9.03 CNY with a low forecast of 8.79 CNY and a high forecast of 9.45 CNY.

Lowest
Price Target
8.79 CNY
9% Upside
Average
Price Target
9.03 CNY
12% Upside
Highest
Price Target
9.45 CNY
17% Upside
View Analyst Estimates
View Analyst Estimates

Competitive Landscape

Shareholder Return

Price
Zhejiang Xinao Textiles Inc

1M 1M
+17%
6M 6M
+16%
1Y 1Y
-14%
3Y 3Y
+76%
5Y 5Y
+22%
10Y 10Y
+53%
Annual Price Range
8.06
52w Low
5.8
52w High
9.39
Price Metrics
Average Annual Return 6.23%
Standard Deviation of Annual Returns 29.58%
Max Drawdown -39%
Shares Statistics
Market Capitalization 5.8B CNY
Shares Outstanding 730 655 943
Percentage of Shares Shorted
N/A

Return Decomposition
Main factors of price return

What is price return decomposition?

Company Profile

Zhejiang Xinao Textiles Inc

Country

China

Industry

Textiles, Apparel & Luxury Goods

Market Cap

5.8B CNY

Dividend Yield

5.03%

Description

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.

Contact

ZHEJIANG
Jiaxing
Guanzhuang Bridge, Chongfu Town, Tongxiang City
+8657388226060
https://www.xinaotex.com/

IPO

2014-12-31

Employees

3 752

Officers

Vice Chairman & GM
Mr. Xinzhong Hua
Deputy GM & Director
Mr. Jianbo Shen
Director & Executive Deputy GM
Mr. Peiyi Liu
Deputy General Manager
Ms. Xing Chen
CFO & Director
Ms. Linghua Wang
Secretary of the Board of Directors
Ms. Xiaolu Yu

See Also

Discover More
What is the Intrinsic Value of one Zhejiang Xinao Textiles Inc stock?

The intrinsic value of one Zhejiang Xinao Textiles Inc stock under the Base Case scenario is 12.79 CNY.

Is Zhejiang Xinao Textiles Inc stock undervalued or overvalued?

Compared to the current market price of 8.06 CNY, Zhejiang Xinao Textiles Inc is Undervalued by 37%.