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.
Frequently asked questions
What sector does Zhejiang Xinao Textiles Inc (603889) operate in?
Zhejiang Xinao Textiles Inc belongs to the Consumer Discretionary sector and operates in the Textile Manufacturing industry.
What is Zhejiang Xinao Textiles Inc (603889) current stock price?
As of the latest data, Zhejiang Xinao Textiles Inc stock price is CN¥6.00, with a previous close of CN¥6.08. Zhejiang Xinao Textiles Inc lost -CN¥0.08 in the last trading session, representing a -1.32% loss.
What is Zhejiang Xinao Textiles Inc (603889) current market capitalization?
Zhejiang Xinao Textiles Inc market cap is approximately 5.70 billion.
What is Zhejiang Xinao Textiles Inc (603889) Earnings Per Share (EPS)?
The trailing EPS is CN¥0.56, and the forward EPS is CN¥0.70.
What is Zhejiang Xinao Textiles Inc (603889) Price-to-Earnings (P/E) ratio?
Zhejiang Xinao Textiles Inc current P/E ratio is 10.71, with a forward P/E of 8.6.
Does Zhejiang Xinao Textiles Inc (603889) pay dividends?
No. Zhejiang Xinao Textiles Inc does not pay a dividend.
What is Zhejiang Xinao Textiles Inc (603889) beta (volatility) score?
Zhejiang Xinao Textiles Inc has a beta of 0.511, indicating lower volatility than the overall market.
