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Zhejiang Xinao Textiles Inc. (China)

Main Activities: Fiber, Yarn, and Thread Mills
Full name: Zhejiang Xinao Textiles Inc. Profile Updated: November 16, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

Zhejiang Xinao Textiles Inc. is a company located in Tongxiang, China. The company specializes in the research, production, and sale of woolen yarns, specifically fine woolen yarns and intermediate wool tops. These products are primarily used in the downstream textile and apparel industry. With a focus on specialization, refinement, and intensive management in the wool spinning industry, the company has established a complete spinning industry chain, including carding, modified processing, fine spinning, and dyeing and finishing. This has given them a unique competitive advantage, making them one of the top ten competitors in the wool spinning industry for many years. The company is recognized as a high-tech enterprise and an innovative pilot enterprise in Zhejiang Province. They have a provincial-level enterprise technology center and have been selected twice as a key high-tech enterprise in the national Torch Program. The company places great emphasis on product quality management and high-end brand building. They are an authorized enterprise for the International Wool Bureau's Pure Wool Mark and have obtained the Australian Merino Wool Mark certificate. They have also achieved ISO9001 quality management system certification and ISO14001 environmental system certification. The company has obtained the OEKO-TEX STANDARD 100 international certification for ecological textiles, meeting the requirements of Class I standards. Their pure wool yarn and wool top products have also been certified by the ECO-LABEL (EU Eco-label).

Headquarters
Guanzhuang Bridge, Chongfu Town, Tongxiang City, Jiaxing City, Zhejiang Province
Tongxiang; Zhejiang; Postal Code: 314511

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Website: http://www.xinaotex.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
September 08, 1995
Key Executives
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Director
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Director
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Director
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General Manager
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Deputy General Manager
Ownership Details
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31.09%
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14.5%
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2.31%
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2.24%
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1.76%
Subsidiaries
Duncan Uk
100%
Shanghai Jingheng Textile Technology Co., Ltd.
100%
Titanium International (Australia) Limited
100%
Company Performance
Financial values in the chart are available after Zhejiang Xinao Textiles Inc. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
10.28%
Total operating revenue
10.24%
Operating profit (EBIT)
6.13%
Net Profit (Loss) for the Period
4.97%
Total assets
3.18%
Total equity
8.12%
Operating Profit Margin (ROS)
-0.45%
Net Profit Margin
-0.51%
Return on Equity (ROE)
-0.33%
Debt to Equity Ratio
-5.92%
Quick Ratio
-0.06%
Cash Ratio
-0.05%

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