Analysis of the Strong Performance of Xinlong Holdings (000955): Policy-driven and Market Attention

This analysis is based on data from the Tushare strong stock pool. Xinlong Holdings (000955) has performed strongly recently, with a cumulative deviation of closing price increases exceeding 20% over three consecutive trading days (2025-11-14, 17, 18) [0][1]. The core driving factor is the favorable “zero-tariff” policy of the Hainan Free Trade Zone [0]. The company’s main business covers non-woven new materials and other fields, and its Hainan base benefits from the policy [2]. Market attention is high, but valuations are on the high side, so risks should be vigilantly monitored [3].

: On November 18, the single-day increase was 10.07%, with a turnover of 995 million yuan and a turnover rate of 23.3% [0][1], indicating active market trading. : The company mainly engages in R&D and production of non-woven new materials, and its base in Hainan Laocheng Science and Technology New City benefits from the free trade zone policy [2][0]. : Main funds have short-term attention, but overall market capital shows a net outflow [0]. : Hainan Free Trade Port policies are favorable for land, sea and air vehicles; as a Sansha concept stock, it is favored by the market [0][4].

• Policy and business resonance: The company’s Hainan base is directly linked to the free trade zone policy, forming a logic for valuation improvement [0][2]
• High turnover rate indicates volatility: A 23.3% turnover rate reflects intensified short-term capital gaming [0][1]
• Valuation and fundamental mismatch: The dynamic P/E ratio is 12941.81 times, significantly higher than the industry average; attention should be paid to the risk of valuation reversion [3][0]

: ① Overvaluation (dynamic P/E ratio exceeding 120,000 times) [3]; ② Uncertainty about policy implementation progress [0]; ③ Short-term volatility risk (possible correction after consecutive sharp rises) [1]. : ① Continuous dividend release from Hainan Free Trade Zone policies [0][4]; ② Business expansion space for non-woven materials [2]; ③ Liquidity opportunities brought by increased market attention [0].

The recent strong performance of Xinlong Holdings (000955) is mainly driven by Hainan Free Trade Zone policies, and its main business has a policy-benefiting foundation. However, high valuations and short-term volatility risks need to be focused on. Investors should make decisions based on comprehensive information in combination with their own risk tolerance.