YOLFTbeta
Zhejiang Xinao Textiles Inc

Zhejiang Xinao Textiles Inc

603889 · SHG · Consumer Cyclical / Textile Manufacturing

6.29CNY+0.07 (+1.13%)

Price History

Full chart

Market Stats

Previous Close6.22
Open6.22
Day Range6.17 – 6.34
52-Week Range5.02 – 9.68
Volume10.41M
Market Cap5.74B
P/E (TTM)10.80
Forward P/E0.00
EPS0.56
Dividend Yield5.79%
Beta0.51
50-Day Avg5.88
200-Day Avg6.19

About

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.

Company Details

  • SectorConsumer Cyclical
  • IndustryTextile Manufacturing
  • CEOMr. Xinzhong Hua
  • Employees4.46K
  • HeadquartersGuanzhuang Bridge, Tongxiang, China, 314511, China
  • Websitehttps://www.xinaotex.com

Leadership

  • Mr. Xinzhong HuaVice Chairman & GM · b. 1973
  • Ms. Linghua WangDeputy GM, Accounting Supervisor, CFO & Director · b. 1978
  • Mr. Peiyi LiuDeputy GM & Director · b. 1981
  • Ms. Xiaolu YuSecretary of the Board of Directors · b. 1987
  • Mr. Jianbo ShenDeputy General Manager · b. 1975
  • Ms. Xing ChenDeputy General Manager · b. 1984

Financials

Income Statement

Currency: CNY2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue1.47B1.49B1.43B1.53B1.62B1.83B2.31B2.57B2.71B2.27B3.45B3.95B4.44B4.84B5.05B
Growth (%)-+1.49%-4.04%+7.26%+5.78%+13.20%+26.02%+10.99%+5.60%-16.12%+51.57%+14.64%+12.37%+9.07%+4.37%
Cost of Revenue1.22B1.25B1.17B1.23B1.31B1.46B1.86B2.10B2.33B1.93B2.81B3.22B3.63B3.93B4.04B
Gross Profit250.25M236.34M259.47M298.47M312.87M373.86M455.45M465.17M375.75M340.58M635.92M727.28M804.31M908.17M1.01B
Gross Margin17.06%15.87%18.16%19.48%19.30%20.38%19.70%18.13%13.87%14.98%18.46%18.41%18.12%18.76%19.96%
Operating Expense121.87M115.18M142.02M154.64M159.48M177.82M204.64M232.83M216.53M151.37M283.01M258.73M319.90M389.13M366.30M
Operating Income128.38M121.16M117.45M143.84M153.38M196.03M250.81M232.34M159.21M189.22M352.91M468.55M484.41M519.04M642.10M
Operating Margin8.75%8.14%8.22%9.39%9.46%10.68%10.85%9.05%5.88%8.32%10.24%11.86%10.91%10.72%12.71%
EBITDA168.52M-3.78M173.88M205.54M207.72M246.54M323.21M323.05M271.03M306.63M497.73M617.39M669.13M737.53M886.12M
EBITDA Margin11.49%-0.25%12.17%13.41%12.82%13.44%13.98%12.59%10.00%13.49%14.45%15.63%15.08%15.24%17.54%
Net Income98.18M77.54M96.76M113.62M132.10M159.17M207.44M199.35M143.22M151.46M298.27M389.78M404.22M428.30M480.12M
Net Income Margin6.69%5.21%6.77%7.41%8.15%8.68%8.97%7.77%5.29%6.66%8.66%9.87%9.11%8.85%9.50%
R&D29.31M34.58M36.14M35.44M39.79M44.09M63.85M72.21M81.55M72.07M95.79M107.36M111.21M110.70M114.64M
R&D as % of Total Revenue2.00%2.32%2.53%2.31%2.45%2.40%2.76%2.81%3.01%3.17%2.78%2.72%2.51%2.29%2.27%
Interest Expense16.64M20.52M18.70M23.32M6.04M3.16M9.70M6.57M13.45M14.18M20.94M24.34M30.14M39.35M46.36M
Interest Expense % of Total Revenue1.13%1.38%1.31%1.52%0.37%0.17%0.42%0.26%0.50%0.62%0.61%0.62%0.68%0.81%0.92%

Balance Sheet

Currency: CNY2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets899.65M905.57M1.12B1.65B1.43B1.66B2.69B3.04B3.08B3.27B3.97B4.65B5.65B5.69B6.38B
Total Liabilities536.30M484.07M620.60M630.16M329.10M449.07M435.40M667.57M684.86M693.46M1.20B1.61B2.35B2.14B2.33B
Total Equity318.44M375.61M453.96M967.84M1.07B1.19B2.23B2.34B2.37B2.53B2.72B2.96B3.17B3.40B3.70B
Cash179.35M111.12M187.85M565.89M245.82M199.68M582.43M404.62M584.62M763.46M641.82M954.88M1.03B531.91M749.67M
Total Debt277.48M199.15M376.15M345.63M5.08M54.26M14.96M263.60M289.41M249.84M569.70M768.29M1.20B1.15B-
Net Debt98.12M88.03M188.30M-220.26M-240.74M-145.42M-567.47M-141.02M-295.21M-513.62M-72.13M-186.59M173.94M613.14M672.33M

Cash Flow

Currency: CNY2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow104.98M126.85M84.21M113.44M231.45M155.85M168.99M-63.62M398.65M301.47M-121.00M372.99M552.17M369.82M419.56M
Investing Cash Flow-78.44M-71.02M-145.24M-96.94M-169.72M-194.22M-525.79M-324.15M-219.55M18.85M-26.68M-125.15M-670.54M-676.81M-
Financing Cash Flow82.29M-119.13M140.59M360.59M-380.19M-14.11M745.49M159.73M-101.80M-123.06M180.39M26.24M135.99M-147.87M-
Capital Expenditure99.60M72.37M134.60M99.79M122.01M254.05M296.79M284.91M336.30M88.75M109.85M101.22M681.28M755.23M258.51M
Free Cash Flow5.38M54.48M-50.39M13.65M109.43M-98.19M-127.80M-348.53M62.35M212.72M-230.85M271.77M-129.10M-385.41M161.04M
Dividends Paid30.41M38.91M34.55M50.19M60.63M56.73M75.65M100.88M118.10M81.88M102.35M153.52M233.08M263.78M265.69M
FCF to OCF5.12%42.95%-59.84%12.04%47.28%-63.00%-75.63%547.86%15.64%70.56%190.79%72.86%-23.38%-104.22%38.38%
Dividend Paid to FCF565.40%71.43%-68.56%367.58%55.40%-57.78%-59.19%-28.94%189.42%38.49%-44.34%56.49%-180.54%-68.44%164.98%

Earnings

Report DateApr 19, 2015Jun 30, 2015Sep 30, 2015Dec 31, 2015Jun 1, 2016Jul 6, 2016Oct 19, 2016Mar 6, 2017Apr 24, 2017Aug 25, 2017Oct 24, 2017Apr 25, 2018Aug 16, 2018Oct 22, 2018Apr 16, 2019Aug 17, 2019Oct 20, 2019Apr 16, 2020Aug 17, 2020Oct 29, 2020Apr 23, 2021Aug 11, 2021Oct 27, 2021Mar 10, 2022Apr 28, 2022Aug 17, 2022Oct 17, 2022Apr 13, 2023
EPS Estimate--------0.05-0.08-----------------
EPS Actual0.060.100.050.030.050.160.100.040.050.180.050.090.210.120.100.160.020.130.050.020.090.240.160.080.140.320.190.18
Surprise--------0.00%--37.50%-----------------
TimingAfter-hours----Pre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketPre-marketPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursPre-market

Key Statistics & Ratios

Market Cap5.74B
Enterprise Value7.00B
Trailing P/E10.80
Forward P/E0.00
Price / Sales1.03
Price / Book1.53
EPS0.56
Book Value3.96
Revenue (TTM)5.58B
Gross Profit (TTM)1.10B
EBITDA932.74M
Profit Margin9.58%
Operating Margin14.70%
Return on Equity14.39%
Return on Assets6.27%
Shares Outstanding949.20M
Shares Float457.84M
Beta0.51
Dividend Yield5.79%
Dividend Rate0.35
Payout Ratio62.76%

Dividends

20231×
0.40May 29, 2023
20221×
0.21Jun 6, 2022
20211×
0.14May 14, 2021
20201×
0.11Jun 10, 2020
20191×
0.21Jun 12, 2019
20181×
0.14May 25, 2018
20171×
0.11Apr 20, 2017
20161×
0.19Apr 19, 2016
20151×
0.14May 29, 2015

Stock Splits

  • May 29, 2023188394:134567
  • Jun 12, 201913:10
  • Apr 19, 20162:1
  • May 29, 20153:2