Ratings Zhejiang Xinao Textiles Inc.

Equities

603889

CNE100001TT3

End-of-day quote Shanghai S.E. Other stock markets 06:00:00 2024-04-28 pm EDT			5-day change	1st Jan Change
7.47 ^CNY	+1.77%		+2.05%	+4.92%

Apr. 22	Zhejiang Xinao Textiles Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
Apr. 17	Zhejiang Xinao Textiles Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	CI

Strengths

The company's attractive earnings multiples are brought to light by a P/E ratio at 11.49 for the current year.
The company is one of the best yield companies with high dividend expectations.
Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
Considering the small differences between the analysts' various estimates, the group's business visibility is good.
The divergence of price targets given by the various analysts who make up the consensus is relatively low, suggesting a consensus method of evaluating the company and its prospects.

Weaknesses

For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.
Financial statements have repeatedly disappointed market stakeholders. Most often, they were below expectations.

Ratings chart - Surperformance

Sector: Textiles & Leather Goods

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
ZHEJIANG XINAO TEXTILES INC.	+4.92%	754M		-
CHINA JUSHI CO., LTD.	+22.28%	6.65B		C
VARDHMAN TEXTILES LIMITED	+15.63%	1.56B		C+
ZHEJIANG TAIHUA NEW MATERIAL CO.,LTD	-8.14%	1.27B		-
BROS EASTERN.,LTD	+18.07%	1.18B		-
HUAFU FASHION CO., LTD.	+12.79%	1.1B		-
TAINAN SPINNING CO., LTD.	+27.53%	1.02B	-	C
THE JAPAN WOOL TEXTILE CO., LTD.	+1.71%	590M	-	-
ZHEWEN PICTURES GROUP CO.,LTD	-16.24%	571M	-	-
TEXHONG INTERNATIONAL GROUP LIMITED	-2.97%	510M		-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes