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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 Mar. 2026 was 0.00.
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: 0.42
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 better than 52.43% of 412
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.435
vs SHSE:603889: 0.42
During the past 13 years, the highest Trailing Annual Dividend Yield of Zhejiang Xinao Textiles was 6.49%. The lowest was 1.02%. And the median was 3.38%.
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 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.
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
* 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 (SHSE:603889) has a Dividend Payout Ratio of 0.00 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Zhejiang Xinao Textiles and its competitors. 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 #196 out of 412 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 47.6%.
Is Zhejiang Xinao Textiles' Dividend Payout Ratio too high?
Zhejiang Xinao Textiles' current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 0.93. Based on the distribution chart, Zhejiang Xinao Textiles ranks #196 out of 412 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 Modestly Undervalued, 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 #196 out of 412 companies for Dividend Payout Ratio. This puts Zhejiang Xinao Textiles in the upper half of its industry. The industry median Dividend Payout Ratio is 0.44. Historically, Zhejiang Xinao Textiles' own Dividend Payout Ratio has ranged from 0.35 to 0.93 over the past decade. 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 0.44, based on 412 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. 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 0.44 — 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 0.00. 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 Dividend Payout Ratio is 0.00. 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 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 0.00 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:
Dividend Payout Ratio: 0.00
GF Value™: ¥6.64 vs. price of ¥5.39 (18.8% below fair value)
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
Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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