603889.SS
Price:
$7.58
Market Cap:
$5.54B
Zhejiang Xinao Textiles Inc. researches and develops, produces, and sells wool spinning yarn and intermediate products of wool tops in China. Its products are primarily used in the downstream apparel brands. 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.
Industry
Apparel - Manufacturers
IPO Date
2014-12-31
Stock Exchange
SHH
Ticker
603889.SS
According to Zhejiang Xinao Textiles Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 12.85. This represents a change of 1.19% compared to the average of 12.70 of the last 4 quarters.
The mean historical PE Ratio of Zhejiang Xinao Textiles Inc. over the last ten years is 18.80. The current 12.85 PE Ratio has changed 6.74% with respect to the historical average. Over the past ten years (40 quarters), 603889.SS's PE Ratio was at its highest in in the December 2019 quarter at 952.56. The PE Ratio was at its lowest in in the June 2022 quarter at 3.33.
Average
18.80
Median
16.75
Minimum
7.41
Maximum
38.02
Discovering the peaks and valleys of Zhejiang Xinao Textiles Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 87.72%
Maximum Annual PE Ratio = 38.02
Minimum Annual Increase = -54.47%
Minimum Annual PE Ratio = 7.41
| Year | PE Ratio | Change |
|---|---|---|
| 2024 | 11.88 | -6.55% |
| 2023 | 12.71 | 34.84% |
| 2022 | 9.43 | 27.28% |
| 2021 | 7.41 | -54.47% |
| 2020 | 16.27 | -20.27% |
| 2019 | 20.41 | 18.46% |
| 2018 | 17.23 | -29.03% |
| 2017 | 24.28 | -20.04% |
| 2016 | 30.36 | -20.16% |
| 2015 | 38.02 | 87.72% |
The current PE Ratio of Zhejiang Xinao Textiles Inc. (603889.SS) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
11.34
5-year avg
11.54
10-year avg
18.80
Zhejiang Xinao Textiles Inc.’s PE Ratio is less than Fujian Septwolves Industry Co., Ltd. (17.57), less than Baoxiniao Holding Co., Ltd. (18.72), greater than Lu Thai Textile Co., Ltd. (9.33), less than Joeone Co., Ltd. (27.77), less than Shanghai Shuixing Home Textile Co., Ltd. (15.00), less than Shenzhen Fuanna Bedding and Furnishing Co.,Ltd (13.66), less than Sunvim Group Co.,Ltd (31.82), greater than Shanghai Metersbonwe Fashion and Accessories Co., Ltd. (-15.79), less than Dazzle Fashion Co., Ltd (23.94), greater than Ribo Fashion Group Co., Ltd. (-80.39),
| Company | PE Ratio | Market cap |
|---|---|---|
| 17.57 | $7.94B | |
| 18.72 | $5.91B | |
| 9.33 | $5.80B | |
| 27.77 | $9.76B | |
| 15.00 | $5.39B | |
| 13.66 | $5.66B | |
| 31.82 | $9.78B | |
| -15.79 | $5.03B | |
| 23.94 | $6.20B | |
| -80.39 | $6.01B |
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