603889.SS
Price:
$7.47
Market Cap:
$5.45B
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 ROE is 12.43%. This represents a change of 301.03% compared to the average of 3.10% of the last 4 quarters.
The mean historical ROE of Zhejiang Xinao Textiles Inc. over the last ten years is 10.51%. The current 12.43% ROE has changed 18.23% with respect to the historical average. Over the past ten years (40 quarters), 603889.SS's ROE was at its highest in in the June 2017 quarter at 6.07%. The ROE was at its lowest in in the December 2019 quarter at 0.02%.
Average
10.51%
Median
11.68%
Minimum
5.99%
Maximum
13.41%
Discovering the peaks and valleys of Zhejiang Xinao Textiles Inc. ROE, 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 = 83.28%
Maximum Annual ROE = 13.41%
Minimum Annual Increase = -30.50%
Minimum Annual ROE = 5.99%
| Year | ROE | Change |
|---|---|---|
| 2024 | 12.58% | -1.31% |
| 2023 | 12.75% | -3.27% |
| 2022 | 13.18% | 20.10% |
| 2021 | 10.98% | 83.28% |
| 2020 | 5.99% | -0.92% |
| 2019 | 6.04% | -28.93% |
| 2018 | 8.50% | -8.73% |
| 2017 | 9.32% | -30.50% |
| 2016 | 13.41% | 8.19% |
| 2015 | 12.39% | 5.57% |
The current ROE of Zhejiang Xinao Textiles Inc. (603889.SS) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
12.84%
5-year avg
11.10%
10-year avg
10.51%
Zhejiang Xinao Textiles Inc.’s ROE is less than Fujian Septwolves Industry Co., Ltd. (6.78%), less than Baoxiniao Holding Co., Ltd. (7.04%), less than Lu Thai Textile Co., Ltd. (6.50%), less than Joeone Co., Ltd. (8.73%), less than Shanghai Shuixing Home Textile Co., Ltd. (12.23%), less than Shenzhen Fuanna Bedding and Furnishing Co.,Ltd (11.03%), less than Sunvim Group Co.,Ltd (6.80%), greater than Shanghai Metersbonwe Fashion and Accessories Co., Ltd. (-120.59%), less than Dazzle Fashion Co., Ltd (7.16%), greater than Ribo Fashion Group Co., Ltd. (-11.35%),
| Company | ROE | Market cap |
|---|---|---|
| 6.78% | $7.60B | |
| 7.04% | $5.81B | |
| 6.50% | $5.81B | |
| 8.73% | $9.45B | |
| 12.23% | $5.28B | |
| 11.03% | $5.64B | |
| 6.80% | $9.70B | |
| -120.59% | $5.00B | |
| 7.16% | $6.14B | |
| -11.35% | $6.03B |
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