Zhejiang Xinao Textiles (SHSE:603889) EBIT: ¥667 Mil (TTM As of Mar. 2026)

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SHSE:603889 Zhejiang Xinao Textiles Inc SHSE:603889
92 GF Score
Price ¥5.39
GF Value ¥6.64
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Zhejiang Xinao Textiles EBIT?

Zhejiang Xinao Textiles SHSE:603889 -2.53% 92 EBIT is ¥667 Mil as of Mar. 2026. GuruFocus rates SHSE:603889 with a GF Score™ of 92/100 and a GF Value™ of ¥6.64 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Zhejiang Xinao Textiles's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ¥156 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ¥667 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Zhejiang Xinao Textiles's annualized ROC % for the quarter that ended in Mar. 2026 was 11.34%. Zhejiang Xinao Textiles's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 13.27%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Zhejiang Xinao Textiles's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 10.06%.


Zhejiang Xinao Textiles  (SHSE:603889) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Zhejiang Xinao Textiles's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=689.472 * ( 1 - 13.74% )/( (5013.8 + 5478.434)/ 2 )
=594.7385472/5246.117
=11.34 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=6383.127 - 619.659 - ( 749.668 - max(0, 1698.278 - 3840.121+749.668))
=5013.8

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=6991.443 - 764.033 - ( 748.976 - max(0, 2308.911 - 4466.236+748.976))
=5478.434

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Zhejiang Xinao Textiles's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=625.312/( ( (2157.366 + max(2333.094, 0)) + (2142.251 + max(2788.694, 0)) )/ 2 )
=625.312/( ( 4490.46 + 4930.945 )/ 2 )
=625.312/4710.7025
=13.27 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(489.731 + 2323.472 + 226.484) - (619.659 + 0 + 86.934)
=2333.094

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(677.204 + 2746.914 + 262.816) - (764.033 + 0 + 134.207)
=2788.694

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Zhejiang Xinao Textiles's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=666.51/6623.209
=10.06 %

* 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.


Zhejiang Xinao Textiles EBIT Related Terms


Zhejiang Xinao Textiles EBIT Historical Data

* Premium members only.

The historical data trend for Zhejiang Xinao Textiles's EBIT can be seen below:

* 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.

Zhejiang Xinao Textiles EBIT Chart

Zhejiang Xinao Textiles Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 373.28 488.77 515.87 551.83 652.11

Zhejiang Xinao Textiles Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 141.93 226.85 147.97 135.37 156.33

Zhejiang Xinao Textiles EBIT Competitor Comparison

For the Textile Manufacturing subindustry, Zhejiang Xinao Textiles's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zhejiang Xinao Textiles's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Zhejiang Xinao Textiles's EV-to-EBIT falls into.


SHSE:603889
92GF Score
Zhejiang Xinao Textiles Inc SHSE:603889
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Xinao Textiles EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥667 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ¥667 Mil mean?
Zhejiang Xinao Textiles (SHSE:603889) has a EBIT of ¥667 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Zhejiang Xinao Textiles.
Is Zhejiang Xinao Textiles' EBIT too high?
Zhejiang Xinao Textiles' current EBIT is ¥667 Mil. Overall, Zhejiang Xinao Textiles has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Xinao Textiles' EBIT compare to competitors?
Zhejiang Xinao Textiles' EBIT of ¥667 Mil can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Manufacturing - Apparel & Accessories company?
A good EBIT depends on the Manufacturing - Apparel & Accessories industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Zhejiang Xinao Textiles. Zhejiang Xinao Textiles's current EBIT is ¥667 Mil. 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 Modestly Undervalued. The stock's GF Value™ is ¥6.64, compared to a current price of ¥5.39 — trading 18.8% below its estimated fair value. The current EBIT is ¥667 Mil. Zhejiang Xinao Textiles' overall GF Score™ is 92/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Zhejiang Xinao Textiles (SHSE:603889), the current EBIT is ¥667 Mil as of Mar. 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 ¥5.39 is trading 18.8% below its estimated GF Value™ of ¥6.64. GuruFocus considers Zhejiang Xinao Textiles to be Modestly Undervalued.

Key valuation signals for SHSE:603889:

  • EBIT: ¥667 Mil
  • GF Value™: ¥6.64 vs. price of ¥5.39 (18.8% below fair value)
  • GF Score™: 92/100 with 4 warning signs

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 Business Description

Address Guanzhuang Bridge, Chongfu Town, Zhejiang Province, Tongxiang City, CHN, 314511
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

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥5.39
Price
¥6.64
GF Value