Zhejiang Xinao Textiles Inc

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Zhejiang Xinao Textiles Inc (603889) Price Performance

Zhejiang Xinao Textiles Inc (603889) trades on SHG in CNY. The company is classified in the Consumer Cyclical sector under the Textile Manufacturing industry. The stock currently trades at CNY7.65, down 3.16% from the previous close.

Over the past year, 603889 has traded between a low of CNY5.36 and a high of CNY9.45. The stock has gained 14.7% over this period. It is currently 19.0% below its 52-week high.

Zhejiang Xinao Textiles Inc has a market capitalization of $5.90B, with a price-to-earnings ratio of 13.69 and a dividend yield of 3.63%.

About Zhejiang Xinao Textiles Inc

Zhejiang Xinao Textiles Inc. engages in the research and development, production, and sale of wool yarn and its intermediate products, wool tops, and cashmere yarns in China. It offers worsted and woolen pure wool, and wool blended yarns; and worsted and woolen pure cashmere, and cashmere blended yarns. The company's products are used in cashmere sweaters, wool sweaters, wool underwear, wool t-shirts, wool socks, other knitwear, and woven fabrics. It also exports its products. Zhejiang Xinao Textiles Inc. was formerly known as Zhejiang Xinao textiles Group Company LTD. and changed its name to Zhejiang Xinao Textiles Inc. in December 2007. The company was founded in 1991 and is based in Tongxiang, China.