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Zhejiang Xinao Textiles's ROE % for the quarter that ended in Mar. 2026 was 12.79%. Zhejiang Xinao Textiles's PB Ratio for the quarter that ended in Mar. 2026 was 1.47.
Zhejiang Xinao Textiles's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 8.70%.
Zhejiang Xinao Textiles ROE % Adjusted to Book Value Related Terms
Zhejiang Xinao Textiles ROE % Adjusted to Book Value Historical Data
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The historical data trend for Zhejiang Xinao Textiles's ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value Chart
Zhejiang Xinao Textiles ROE % Adjusted to Book Value Competitor Comparison
For the Textile Manufacturing subindustry, Zhejiang Xinao Textiles's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zhejiang Xinao Textiles's ROE % Adjusted to Book Value distribution charts can be found below:
* The bar in red indicates where Zhejiang Xinao Textiles's ROE % Adjusted to Book Value 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.
What does a ROE % Adjusted to Book Value of 8.70% mean?
Zhejiang Xinao Textiles (SHSE:603889) has a ROE % Adjusted to Book Value of 8.70% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Zhejiang Xinao Textiles and its competitors.
Is Zhejiang Xinao Textiles' ROE % Adjusted to Book Value too high?
Zhejiang Xinao Textiles' current ROE % Adjusted to Book Value is 8.70%. 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' ROE % Adjusted to Book Value compare to competitors?
Zhejiang Xinao Textiles' ROE % Adjusted to Book Value of 8.70% 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 ROE % Adjusted to Book Value for a Manufacturing - Apparel & Accessories company?
A good ROE % Adjusted to Book Value depends on the Manufacturing - Apparel & Accessories industry context. However, ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Zhejiang Xinao Textiles and its competitors. Zhejiang Xinao Textiles's current ROE % Adjusted to Book Value is 8.70%. 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 ROE % Adjusted to Book Value is 8.70%. 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 ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Zhejiang Xinao Textiles (SHSE:603889), the current ROE % Adjusted to Book Value is 8.70% 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:
ROE % Adjusted to Book Value: 8.70%
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
ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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