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Shareholder of Zhejiang Xinao Textiles Inc. (603889.SH) released pledge of 63 million shares.
Zhejiang Xinao Textiles Inc. (603889.SH) announced that on June 28, 2024, the company received a notice from the shareholder, indicating...
Zhejiang Xinao Textiles Inc. (603889.SH): Shareholding expiration, Shen Jiafeng cumulatively increased his A-share holdings by RMB 16.0533 million.
On June 20th, Gelonhui reported that as of June 19th, 2024, Shen Jiafeng, son of Shen Jianhua, the actual controller and chairman of Zhejiang Xinao Textiles Inc. (603889.SH), increased his A-share shareholding in the company by 2,295,602 shares through centralized bidding on the Shanghai Stock Exchange, accounting for 0.31% of the total shareholding of the company. The total amount of the shareholding increase was 16.0533 million yuan, which exceeded the lower limit of the shareholding increase plan, and the shareholding increase plan has been fully implemented upon the expiration of the implementation period.
New Australia Shares (603889.SH) plans to pay 0.3 yuan per share in dividends on May 24
New Australia Shares (603889.SH) announced that the company's 2023 equity distribution plan: cash dividends per share...
Zhejiang Xinao Textiles' (SHSE:603889) Solid Earnings May Rest On Weak Foundations
The recent earnings posted by Zhejiang Xinao Textiles Inc. (SHSE:603889) were solid, but the stock didn't move as much as we expected. However the statutory profit number doesn't tell the whole story
New Australia Co., Ltd. (603889.SH) announced first-quarter results, net profit of 96.05 million yuan, up 6.59% year on year
According to the Zhitong Finance App, Xinao Shares (603889.SH) disclosed its report for the first quarter of 2024. During the reporting period, the company achieved revenue of 1.1 billion yuan, an increase of 12.48%; net profit to mother was 96.05 million yuan, an increase of 6.59% year on year; after deducting non-net profit of 93.45 million yuan, an increase of 6.37% year on year. Basic earnings per share were $0.13.
Is There An Opportunity With Zhejiang Xinao Textiles Inc.'s (SHSE:603889) 32% Undervaluation?
Key Insights Zhejiang Xinao Textiles' estimated fair value is CN¥10.66 based on 2 Stage Free Cash Flow to Equity Zhejiang Xinao Textiles is estimated to be 32% undervalued based on current share pri
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