About
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 in China. It offers worsted, woolen, and wool-blend yarns; coarse-spun and fine-spun pure cashmere, and cashmere blended yarns; wool tops; and cashmere yarns. The company also offers combed, mercerized, shrink-resistant, and bassula wool tops, as well as engages in modification treatment, dyeing and finishing, and cashmere processing. Its products are used in cashmere sweaters, wool sweaters, wool underwear, wool t-shirts, wool socks, other knitwear, and woven fabrics. The company sells its yarn products to brand apparel retailers and OEM/ODM apparel manufacturers. It also exports its products. 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.
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5 years, 5 months ago
Zhejiang Xinao Textiles Inc is currently in a long term uptrend where the price is trading 11.1% above its 200 day moving average.
From a valuation standpoint, the stock is 78.6% cheaper than other stocks from the Consumer Cyclical sector with a price to sales ratio of 1.1.
Zhejiang Xinao Textiles Inc's total revenue rose by 10.4% to $554M since the same quarter in the previous year.
Its net income has increased by 8387.1% to $48M since the same quarter in the previous year.
Finally, its free cash flow grew by 188.2% to $140M since the same quarter in the previous year.
Based on the above factors, Zhejiang Xinao Textiles Inc gets an overall score of 5/5.