Company Profile · Consumer Cyclical

Zhejiang Xinao Textiles Inc

603889 · Shanghai
Country
China
Employees
4,455
Buffett Score
49/100
Weak
Market capCN¥5.74B
Revenue (TTM)CN¥5.58B
EBITDACN¥932.74M
Profit margin9.58%
ROE14.39%
P/E (TTM)10.8
Forward P/E0
EPSCN¥0.56
Dividend yield4.51%
52-week rangeCN¥5.02 – CN¥9.68

Data from EODHD, shown in the reporting currency; for reference only, not investment advice.

Zhejiang Xinao Textiles Inc. engages in the research and development, production, and sale of wool yarn and its intermediate products in China. It offers worsted, woolen, and wool-blend yarns; coarse-spun and fine-spun pure cashmere, and cashmere blended yarns; wool tops; and cashmere yarns. The company also offers combed, mercerized, shrink-resistant, and bassula wool tops, as well as engages in modification treatment, dyeing and finishing, and cashmere processing. Its products are used in cashmere sweaters, wool sweaters, wool underwear, wool t-shirts, wool socks, other knitwear, and woven fabrics. The company sells its yarn products to brand apparel retailers and OEM/ODM apparel manufacturers. It also exports its products. The company was formerly known as Zhejiang Xinao textiles Group Company LTD. and changed its name to Zhejiang Xinao Textiles Inc. in December 2007. Zhejiang Xinao Textiles Inc. was founded in 1991 and is based in Tongxiang, China.

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