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Zhejiang Xinao TextilesSHSE:603889 -1.61%92 Debt-to-EBITDA is 1.90 as of Jun. 2026, which is 68% above its 10-year median of 1.13. GuruFocus rates SHSE:603889 with a GF Score™ of 92/100 and a GF Value™ of ¥6.44 (Fairly Valued). The stock has 3 warning signs investors should review. Among 835 Manufacturing - Apparel & Accessories companies, Zhejiang Xinao Textiles ranks worse than 53.17% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Zhejiang Xinao Textiles's Debt-to-EBITDA or its related term are showing as below:
SHSE:603889'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.22 Med: 1.13 Max: 2.89
Current: 2.89
During the past 13 years, the highest Debt-to-EBITDA Ratio of Zhejiang Xinao Textiles was 2.89. The lowest was 0.22. And the median was 1.13.
SHSE:603889's Debt-to-EBITDA is ranked worse than 53.17% of 835
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.72
vs SHSE:603889: 2.89
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Zhejiang Xinao Textiles Debt-to-EBITDA Related Terms
Zhejiang Xinao Textiles Debt-to-EBITDA Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Textile Manufacturing subindustry, Zhejiang Xinao Textiles's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Zhejiang Xinao Textiles Debt-to-EBITDA vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zhejiang Xinao Textiles's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Zhejiang Xinao Textiles's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Jun. 2026) EBITDA data.
Zhejiang Xinao Textiles (SHSE:603889) has a Debt-to-EBITDA of 1.90 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Zhejiang Xinao Textiles. This is 68% above median its historical median of 1.13. Over the past decade, Zhejiang Xinao Textiles' Debt-to-EBITDA has ranged from 0.22 to 2.89. According to the industry distribution chart, Zhejiang Xinao Textiles ranks #444 out of 835 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 53.2%.
Is Zhejiang Xinao Textiles' Debt-to-EBITDA too high?
Zhejiang Xinao Textiles' current Debt-to-EBITDA of 1.90 is 68% above median its 10-year median of 1.13. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 2.89. The Manufacturing - Apparel & Accessories industry median Debt-to-EBITDA is 2.72. Zhejiang Xinao Textiles' value of 1.90 is 30.1% below this industry median. Based on the distribution chart, Zhejiang Xinao Textiles ranks #444 out of 835 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Zhejiang Xinao Textiles has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Xinao Textiles' Debt-to-EBITDA compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Zhejiang Xinao Textiles ranks #444 out of 835 companies for Debt-to-EBITDA. This places Zhejiang Xinao Textiles in the lower half of its industry. The industry median Debt-to-EBITDA is 2.72. Zhejiang Xinao Textiles' value of 1.90 is 30.1% below this benchmark. Historically, Zhejiang Xinao Textiles' own Debt-to-EBITDA has ranged from 0.22 to 2.89 over the past decade. While the company's 10-year median is 1.13 vs. the industry median of 2.72, Zhejiang Xinao Textiles has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Manufacturing - Apparel & Accessories company?
The median Debt-to-EBITDA among Manufacturing - Apparel & Accessories companies is 2.72, based on 835 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Zhejiang Xinao Textiles's current Debt-to-EBITDA of 1.90 is 30.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Zhejiang Xinao Textiles. For the Manufacturing - Apparel & Accessories industry, the median Debt-to-EBITDA is 2.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Xinao Textiles's current Debt-to-EBITDA is 1.90, which is 68% above median its own 10-year median of 1.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Xinao Textiles stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Xinao Textiles (SHSE:603889) is currently considered Fairly Valued. The stock's GF Value™ is ¥6.44, compared to a current price of ¥6.13 — trading 4.8% below its estimated fair value. The current Debt-to-EBITDA is 1.90, which is 68% above median its 10-year median of 1.13 and 30.1% below the Manufacturing - Apparel & Accessories industry median of 2.72. Zhejiang Xinao Textiles' overall GF Score™ is 92/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Zhejiang Xinao Textiles (SHSE:603889), the current Debt-to-EBITDA is 1.90 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Zhejiang Xinao Textiles (SHSE:603889) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Xinao Textiles stock appears to be undervalued.
The current stock price of ¥6.13 is trading 4.8% below its estimated GF Value™ of ¥6.44.
GuruFocus considers Zhejiang Xinao Textiles to be Fairly Valued.
Key valuation signals for SHSE:603889:
Debt-to-EBITDA: 1.90 (68% above median its 10-year median of 1.13)
GF Value™: ¥6.44 vs. price of ¥6.13 (4.8% below fair value)
Industry Position: 30.1% below the Manufacturing - Apparel & Accessories median (#444 of 835)
No single metric tells the full story. See the SHSE:603889 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Xinao Textiles Inc along with its subsidiaries is engaged in research, development, production & sales of worsted yarn. The company's main products and services include: worsted, woolen pure wool, and wool blended yarns; woolen, worsted pure cashmere and cashmere blended yarns.
92GF Score
Get the complete analysis for SHSE:603889
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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