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Zhejiang Xinao Textiles Inc. Zhejiang Xinao Textiles Inc.

Zhejiang Xinao Textiles Inc.

603889
Rank in Stocks #10458
Established in 1991 and headquartered in Tongxiang, China, Zhejiang Xinao... Established in 1991 and headquartered in Tongxiang, China, Zhejiang Xinao Textiles Inc. is actively involved in the research, development, manufacturing, and distribution of wool spinning yarn and semi-finished wool tops. These textile components are chiefly supplied to various apparel brands for their production lines. The company officially adopted its current name, Zhejiang Xinao Textiles Inc., in December 2007, having previously operated as Zhejiang Xinao Textiles Group Company LTD.
Share Price
$0.88107642
Last synced: 2026-08-28
Market Cap
$836.32M
Change (1 day)
0.83%
Change (1 year)
35.40%
Country
CN
Trade Zhejiang Xinao Textiles Inc. (603889)

Category

Consumer Cyclical
P/E ratio for Zhejiang Xinao Textiles Inc. (603889)
P/E ratio as of 2026 TTM: 0
According to Zhejiang Xinao Textiles Inc. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2026 the company had a P/E ratio of 0.
P/E ratio history for Zhejiang Xinao Textiles Inc. from 2026 to 2026
P/E ratio at the end of each year
Year P/E Ratio Change
Not enough data for the provided dates.
P/E ratio for similar companies or competitors
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601233.SS
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CN
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Ruentex Industries Ltd. Ruentex Industries Ltd.
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 6.85 -
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Vardhman Textiles Limited Vardhman Textiles Limited
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VTL.NS
 19.83 -
IN
How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.

Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.