603889.SS Stock Analysis
60
Avoid
Based on Eyestock quantitative analysis, 603889.SS`s fundamental data and valuation indicate an investment grade of Avoid at the current time.
Rating
To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.
Low score
Upside
To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.
Undervalued
Zhejiang Xinao Textiles, Inc. engages in the research and development, production, and sale of worsted yarn. The company is headquartered in Jiaxing, Zhejiang and currently employs 3,752 full-time employees. The company went IPO on 2014-12-31. The firm's main products include wool worsted yarns and wool tops. The firm's products are mainly used in knitwear, such as cashmere sweaters, sweaters, wool underwear, wool T-shirts, wool socks and other knitwear. The firm also provides modification and finishing services. The firm distributes its products in domestic market and to overseas markets.