Zhejiang Xinao Textiles (SHSE:603889) EV-to-EBIT: 10.42 (As of Sep. 14, 2026) — 12% Below Median

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SHSE:603889 Zhejiang Xinao Textiles Inc SHSE:603889
92 GF Score
Price ¥6.09
GF Value ¥6.44
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Zhejiang Xinao Textiles EV-to-EBIT?

Zhejiang Xinao Textiles SHSE:603889 +1.50% 92 EV-to-EBIT is 10.42 as of Sep. 14, 2026, which is 12% below its 10-year median of 11.83. 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 831 Manufacturing - Apparel & Accessories companies, Zhejiang Xinao Textiles ranks better than 61.37% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Zhejiang Xinao Textiles's Enterprise Value is ¥7,396 Mil. Zhejiang Xinao Textiles's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ¥710 Mil. Therefore, Zhejiang Xinao Textiles's EV-to-EBIT for today is 10.42.

The historical rank and industry rank for Zhejiang Xinao Textiles's EV-to-EBIT or its related term are showing as below:

SHSE:603889' s EV-to-EBIT Range Over the Past 10 Years
Min: 6.92   Med: 11.83   Max: 28.06
Current: 10.42

During the past 13 years, the highest EV-to-EBIT of Zhejiang Xinao Textiles was 28.06. The lowest was 6.92. And the median was 11.83.

SHSE:603889's EV-to-EBIT is ranked better than
61.37% of 831 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 12.7 vs SHSE:603889: 10.42

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Zhejiang Xinao Textiles's Enterprise Value for the quarter that ended in Jun. 2026 was ¥6,465 Mil. Zhejiang Xinao Textiles's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ¥710 Mil. Zhejiang Xinao Textiles's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 10.98%.


Zhejiang Xinao Textiles  (SHSE:603889) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Zhejiang Xinao Textiles's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=709.917/6465.32955
=10.98 %

Zhejiang Xinao Textiles's Enterprise Value for the quarter that ended in Jun. 2026 was ¥6,465 Mil.
Zhejiang Xinao Textiles's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥710 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.


Zhejiang Xinao Textiles EV-to-EBIT Related Terms


Zhejiang Xinao Textiles EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Zhejiang Xinao Textiles's EV-to-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 EV-to-EBIT Chart

Zhejiang Xinao Textiles Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.18 6.97 10.40 10.92 10.74

Zhejiang Xinao Textiles Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-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 9.78 10.53 10.74 10.66 9.11

Zhejiang Xinao Textiles EV-to-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
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhejiang Xinao Textiles EV-to-EBIT Calculation

Zhejiang Xinao Textiles's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=7395.549/709.917
=10.42

Zhejiang Xinao Textiles's current Enterprise Value is ¥7,396 Mil.
Zhejiang Xinao Textiles's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥710 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 EV-to-EBIT →
What does a EV-to-EBIT of 10.42 mean?
Zhejiang Xinao Textiles (SHSE:603889) has a EV-to-EBIT of 10.42 as of Sep. 14, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Zhejiang Xinao Textiles and its competitors. This is 12% below median its historical median of 11.83. Over the past decade, Zhejiang Xinao Textiles' EV-to-EBIT has ranged from 6.92 to 28.06. According to the industry distribution chart, Zhejiang Xinao Textiles ranks #321 out of 831 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 38.6%.
Is Zhejiang Xinao Textiles' EV-to-EBIT too high?
Zhejiang Xinao Textiles' current EV-to-EBIT of 10.42 is 12% below median its 10-year median of 11.83. Over the past 10 years, this metric has ranged from a low of 6.92 to a high of 28.06. The Manufacturing - Apparel & Accessories industry median EV-to-EBIT is 12.70. Zhejiang Xinao Textiles' value of 10.42 is 18% below this industry median. Based on the distribution chart, Zhejiang Xinao Textiles ranks #321 out of 831 companies in the Manufacturing - Apparel & Accessories industry, which is above 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' EV-to-EBIT compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Zhejiang Xinao Textiles ranks #321 out of 831 companies for EV-to-EBIT. This puts Zhejiang Xinao Textiles in the upper half of its industry. The industry median EV-to-EBIT is 12.70. Zhejiang Xinao Textiles' value of 10.42 is 18% below this benchmark. Historically, Zhejiang Xinao Textiles' own EV-to-EBIT has ranged from 6.92 to 28.06 over the past decade. While the company's 10-year median is 11.83 vs. the industry median of 12.70, 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 EV-to-EBIT for a Manufacturing - Apparel & Accessories company?
The median EV-to-EBIT among Manufacturing - Apparel & Accessories companies is 12.70, based on 831 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Zhejiang Xinao Textiles's current EV-to-EBIT of 10.42 is 18% 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Zhejiang Xinao Textiles and its competitors. For the Manufacturing - Apparel & Accessories industry, the median EV-to-EBIT is 12.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Xinao Textiles's current EV-to-EBIT is 10.42, which is 12% below median its own 10-year median of 11.83. 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 ¥6.09 — trading 5.4% below its estimated fair value. The current EV-to-EBIT is 10.42, which is 12% below median its 10-year median of 11.83 and 18% below the Manufacturing - Apparel & Accessories industry median of 12.70. 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 EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Zhejiang Xinao Textiles (SHSE:603889), the current EV-to-EBIT is 10.42 as of Sep. 14, 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 ¥6.09 is trading 5.4% below its estimated GF Value™ of ¥6.44. GuruFocus considers Zhejiang Xinao Textiles to be Fairly Valued.

Key valuation signals for SHSE:603889:

  • EV-to-EBIT: 10.42 (12% below median its 10-year median of 11.83)
  • GF Value™: ¥6.44 vs. price of ¥6.09 (5.4% below fair value)
  • GF Score™: 92/100 with 3 warning signs
  • Industry Position: 18% below the Manufacturing - Apparel & Accessories median (#321 of 831)

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

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

¥6.09
Price
¥6.44
GF Value