Zhejiang Xinao Textiles (SHSE:603889) Dividend Payout Ratio: 1.59 (As of Jun. 2026) — 238% Above Median

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SHSE:603889 Zhejiang Xinao Textiles Inc SHSE:603889
91 GF Score
Price ¥6.22
GF Value ¥6.44
Valuation Fairly Valued
! 3 Warning Signs
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What is Zhejiang Xinao Textiles Dividend Payout Ratio?

Zhejiang Xinao Textiles SHSE:603889 +1.80% 91 Dividend Payout Ratio is 1.59 as of Jun. 2026, which is 238% above its 10-year median of 0.47. GuruFocus rates SHSE:603889 with a GF Score™ of 91/100 and a GF Value™ of ¥6.44 (Fairly Valued). The stock has 3 warning signs investors should review. Among 425 Manufacturing - Apparel & Accessories companies, Zhejiang Xinao Textiles ranks worse than 66.59% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Zhejiang Xinao Textiles's Dividend Payout Ratio for the months ended in Jun. 2026 was 1.59.

The historical rank and industry rank for Zhejiang Xinao Textiles's Dividend Payout Ratio or its related term are showing as below:

SHSE:603889' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.35   Med: 0.47   Max: 0.93
Current: 0.61

During the past 13 years, the highest Dividend Payout Ratio of Zhejiang Xinao Textiles was 0.93. The lowest was 0.35. And the median was 0.47.

SHSE:603889's Dividend Payout Ratio is ranked worse than
66.59% of 425 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.42 vs SHSE:603889: 0.61

As of today (2026-09-02), the Dividend Yield % of Zhejiang Xinao Textiles is 5.73%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Zhejiang Xinao Textiles was 6.69%. The lowest was 1.02%. And the median was 3.40%.

Zhejiang Xinao Textiles's Dividends per Share for the months ended in Jun. 2026 was ¥0.35.

During the past 12 months, Zhejiang Xinao Textiles's average Dividends Per Share Growth Rate was 51.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 11.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 23.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 13.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Zhejiang Xinao Textiles was 35.70% per year. The lowest was 1.20% per year. And the median was 13.35% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Zhejiang Xinao Textiles (SHSE:603889) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Zhejiang Xinao Textiles Dividend Payout Ratio Related Terms

Zhejiang Xinao Textiles Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Zhejiang Xinao Textiles's Dividend Payout Ratio 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 Dividend Payout Ratio Chart

Zhejiang Xinao Textiles Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 0.45 0.53 0.53 0.46

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
Dividend Payout Ratio 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 1.19 0.00 0.00 0.00 1.59

Zhejiang Xinao Textiles Dividend Payout Ratio Competitor Comparison

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

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

* The bar in red indicates where Zhejiang Xinao Textiles's Dividend Payout Ratio falls into.


SHSE:603889
91GF Score
Zhejiang Xinao Textiles Inc SHSE:603889
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhejiang Xinao Textiles Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Zhejiang Xinao Textiles's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=0.231/ 0.5
=0.46

Zhejiang Xinao Textiles's Dividend Payout Ratio for the quarter that ended in Jun. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2026 )/ EPS without NRI (Q: Jun. 2026 )
=0.35/ 0.22
=1.59

* 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 Dividend Payout Ratio →
What does a Dividend Payout Ratio of 1.59 mean?
Zhejiang Xinao Textiles (SHSE:603889) has a Dividend Payout Ratio of 1.59 as of Jun. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Zhejiang Xinao Textiles and its competitors. This is 238% above median its historical median of 0.47. Over the past decade, Zhejiang Xinao Textiles' Dividend Payout Ratio has ranged from 0.35 to 0.93. According to the industry distribution chart, Zhejiang Xinao Textiles ranks #283 out of 425 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 66.6%.
Is Zhejiang Xinao Textiles' Dividend Payout Ratio too high?
Zhejiang Xinao Textiles' current Dividend Payout Ratio of 1.59 is 238% above median its 10-year median of 0.47. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 0.93. The Manufacturing - Apparel & Accessories industry median Dividend Payout Ratio is 0.42. Zhejiang Xinao Textiles' value of 1.59 is 278.6% above this industry median. Based on the distribution chart, Zhejiang Xinao Textiles ranks #283 out of 425 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Zhejiang Xinao Textiles has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Xinao Textiles' Dividend Payout Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Zhejiang Xinao Textiles ranks #283 out of 425 companies for Dividend Payout Ratio. This places Zhejiang Xinao Textiles in the lower half of its industry. The industry median Dividend Payout Ratio is 0.42. Zhejiang Xinao Textiles' value of 1.59 is 278.6% above this benchmark. Historically, Zhejiang Xinao Textiles' own Dividend Payout Ratio has ranged from 0.35 to 0.93 over the past decade. While the company's 10-year median is 0.47 vs. the industry median of 0.42, Zhejiang Xinao Textiles has consistently been above 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 Dividend Payout Ratio for a Manufacturing - Apparel & Accessories company?
The median Dividend Payout Ratio among Manufacturing - Apparel & Accessories companies is 0.42, based on 425 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Zhejiang Xinao Textiles's current Dividend Payout Ratio of 1.59 is 278.6% above 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 Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Zhejiang Xinao Textiles and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Dividend Payout Ratio is 0.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Xinao Textiles's current Dividend Payout Ratio is 1.59, which is 238% above median its own 10-year median of 0.47. 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 ¥6.22 — trading 3.4% below its estimated fair value. The current Dividend Payout Ratio is 1.59, which is 238% above median its 10-year median of 0.47 and 278.6% above the Manufacturing - Apparel & Accessories industry median of 0.42. Zhejiang Xinao Textiles' overall GF Score™ is 91/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Zhejiang Xinao Textiles (SHSE:603889), the current Dividend Payout Ratio is 1.59 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 ¥6.22 is trading 3.4% below its estimated GF Value™ of ¥6.44. GuruFocus considers Zhejiang Xinao Textiles to be Fairly Valued.

Key valuation signals for SHSE:603889:

  • Dividend Payout Ratio: 1.59 (238% above median its 10-year median of 0.47)
  • GF Value™: ¥6.44 vs. price of ¥6.22 (3.4% below fair value)
  • GF Score™: 91/100 with 3 warning signs
  • Industry Position: 278.6% above the Manufacturing - Apparel & Accessories median (#283 of 425)

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.
91GF Score

Get the complete analysis for SHSE:603889

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

¥6.22
Price
¥6.44
GF Value