Zhejiang Xinao Textiles Inc (SHG:603889) — Market Cap & Net Worth
Market Cap & Net Worth: Zhejiang Xinao Textiles Inc (603889)
Zhejiang Xinao Textiles Inc (SHG:603889) has a market capitalization of $636.87 Million (CN¥4.35 Billion) as of June 17, 2026. Listed on the SHG stock exchange, this China-based company holds position #11207 globally and #3177 in its home market, demonstrating a 1.36% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Zhejiang Xinao Textiles Inc's stock price CN¥5.96 by its total outstanding shares 730241443 (730.24 Million). Review 603889 total debt and obligations to assess the company's total debt and financial obligations.
Zhejiang Xinao Textiles Inc Market Cap History: 2015 to 2026
Zhejiang Xinao Textiles Inc's market capitalization history from 2015 to 2026. Data shows growth from $697.83 Million to $636.87 Million (1.89% CAGR).
Zhejiang Xinao Textiles Inc Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Zhejiang Xinao Textiles Inc's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.15x
Zhejiang Xinao Textiles Inc's market cap is 0.15 times its annual revenue
Latest Price to Earnings (P/E) Ratio
1.75x
Zhejiang Xinao Textiles Inc's market cap is 1.75 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2015 | $697.83 Million | $1.62 Billion | $132.10 Million | 0.43x | 5.28x |
| 2016 | $683.13 Million | $1.83 Billion | $159.17 Million | 0.37x | 4.29x |
| 2017 | $658.68 Million | $2.31 Billion | $207.44 Million | 0.28x | 3.18x |
| 2018 | $405.27 Million | $2.57 Billion | $199.35 Million | 0.16x | 2.03x |
| 2019 | $361.26 Million | $2.71 Billion | $143.22 Million | 0.13x | 2.52x |
| 2020 | $313.49 Million | $2.27 Billion | $151.46 Million | 0.14x | 2.07x |
| 2021 | $420.34 Million | $3.45 Billion | $298.27 Million | 0.12x | 1.41x |
| 2022 | $512.75 Million | $3.95 Billion | $389.78 Million | 0.13x | 1.32x |
| 2023 | $760.82 Million | $4.44 Billion | $404.22 Million | 0.17x | 1.88x |
| 2024 | $749.07 Million | $4.84 Billion | $428.30 Million | 0.15x | 1.75x |
Competitor Companies of 603889 by Market Capitalization
Companies near Zhejiang Xinao Textiles Inc in the global market cap rankings as of June 17, 2026.
Key companies related to Zhejiang Xinao Textiles Inc by market ranking:
- TORAY INDUSTRIES ADR/2 (F:6HK): Ranked #2405 globally with a market cap of $9.16 Billion USD ( €7.83 Billion EUR).
- TongKun Group Co Ltd (SHG:601233): Ranked #2627 globally with a market cap of $8.17 Billion USD ( CN¥55.84 Billion CNY).
- HMT(Xiamen)New Technical (SHG:603306): Ranked #3586 globally with a market cap of $5.06 Billion USD ( CN¥34.58 Billion CNY).
- Far Eastern New Century Corp (TW:1402): Ranked #3797 globally with a market cap of $4.65 Billion USD ( NT$147.45 Billion TWD).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #2405 | TORAY INDUSTRIES ADR/2 | F:6HK | $9.16 Billion | €11.80 |
| #2627 | TongKun Group Co Ltd | SHG:601233 | $8.17 Billion | CN¥23.47 |
| #3586 | HMT(Xiamen)New Technical | SHG:603306 | $5.06 Billion | CN¥104.96 |
| #3797 | Far Eastern New Century Corp | TW:1402 | $4.65 Billion | NT$27.55 |
Zhejiang Xinao Textiles Inc Historical Marketcap From 2015 to 2026
Between 2015 and today, Zhejiang Xinao Textiles Inc's market cap moved from $697.83 Million to $ 636.87 Million, with a yearly change of 1.89%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥636.87 Million | -25.03% |
| 2025 | CN¥849.52 Million | +13.41% |
| 2024 | CN¥749.07 Million | -1.54% |
| 2023 | CN¥760.82 Million | +48.38% |
| 2022 | CN¥512.75 Million | +21.98% |
| 2021 | CN¥420.34 Million | +34.09% |
| 2020 | CN¥313.49 Million | -13.22% |
| 2019 | CN¥361.26 Million | -10.86% |
| 2018 | CN¥405.27 Million | -38.47% |
| 2017 | CN¥658.68 Million | -3.58% |
| 2016 | CN¥683.13 Million | -2.11% |
| 2015 | CN¥697.83 Million | -- |
End of Day Market Cap According to Different Sources
On Jun 16th, 2026 the market cap of Zhejiang Xinao Textiles Inc was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $636.87 Million USD |
| MoneyControl | $636.87 Million USD |
| MarketWatch | $636.87 Million USD |
| marketcap.company | $636.87 Million USD |
| Reuters | $636.87 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
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-sh… Read more