Zhejiang Hangmin Co Ltd (600987) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.004x

Based on the latest financial reports, Zhejiang Hangmin Co Ltd (600987) has a cash flow conversion efficiency ratio of -0.004x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CN¥-31.70 Million ≈ $-4.64 Million USD) by net assets (CN¥7.19 Billion ≈ $1.05 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Review how financially flexible is Zhejiang Hangmin Co Ltd to assess the company's free cash flow relative to its total liabilities.

Zhejiang Hangmin Co Ltd - Cash Flow Conversion Efficiency Trend (2002–2024)

This chart illustrates how Zhejiang Hangmin Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Also see 600987 market cap overview for the company's overall valuation and market capitalisation.

Zhejiang Hangmin Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Zhejiang Hangmin Co Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
MidWestOne Financial Group Inc NASDAQ:MOFG	0.029x
Canaccord Genuity Group Inc TO:CF	0.333x
Beijing Sanyuan Foods Co Ltd SHG:600429	0.037x
Black Peony Group Co Ltd SHG:600510	0.000x
Shanghai Action Education Technology CO.LTD. SHG:605098	N/A
Hyosung TNC Corp KO:298020	0.049x
Jsti Group SHE:300284	-0.038x
Vesuvius India Limited NSE:VESUVIUS	0.170x

Annual Cash Flow Conversion Efficiency for Zhejiang Hangmin Co Ltd (2002–2024)

The table below shows the annual cash flow conversion efficiency of Zhejiang Hangmin Co Ltd from 2002 to 2024. View 600987 live share price for real-time trading data and today's change.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥7.09 Billion ≈ $1.04 Billion	CN¥1.28 Billion ≈ $186.69 Million	0.180x	+58.33%
2023-12-31	CN¥6.85 Billion ≈ $1.00 Billion	CN¥778.35 Million ≈ $113.90 Million	0.114x	-16.81%
2022-12-31	CN¥6.46 Billion ≈ $945.60 Million	CN¥883.28 Million ≈ $129.25 Million	0.137x	+32.53%
2021-12-31	CN¥6.08 Billion ≈ $889.06 Million	CN¥626.62 Million ≈ $91.69 Million	0.103x	-43.74%
2020-12-31	CN¥5.77 Billion ≈ $844.42 Million	CN¥1.06 Billion ≈ $154.80 Million	0.183x	-1.66%
2019-12-31	CN¥5.38 Billion ≈ $787.56 Million	CN¥1.00 Billion ≈ $146.82 Million	0.186x	-10.20%
2018-12-31	CN¥4.79 Billion ≈ $701.32 Million	CN¥994.97 Million ≈ $145.59 Million	0.208x	+9.23%
2017-12-31	CN¥3.98 Billion ≈ $582.20 Million	CN¥756.17 Million ≈ $110.65 Million	0.190x	-22.90%
2016-12-31	CN¥3.52 Billion ≈ $515.26 Million	CN¥868.04 Million ≈ $127.02 Million	0.247x	+12.62%
2015-12-31	CN¥3.10 Billion ≈ $453.55 Million	CN¥678.46 Million ≈ $99.28 Million	0.219x	-15.97%
2014-12-31	CN¥2.71 Billion ≈ $396.96 Million	CN¥706.67 Million ≈ $103.41 Million	0.260x	+28.34%
2013-12-31	CN¥2.35 Billion ≈ $344.39 Million	CN¥477.71 Million ≈ $69.90 Million	0.203x	+0.12%
2012-12-31	CN¥2.03 Billion ≈ $296.46 Million	CN¥410.73 Million ≈ $60.10 Million	0.203x	+73.16%
2011-12-31	CN¥1.82 Billion ≈ $266.41 Million	CN¥213.16 Million ≈ $31.19 Million	0.117x	-48.56%
2010-12-31	CN¥1.63 Billion ≈ $237.81 Million	CN¥369.90 Million ≈ $54.13 Million	0.228x	+19.76%
2009-12-31	CN¥1.46 Billion ≈ $213.05 Million	CN¥276.72 Million ≈ $40.49 Million	0.190x	+1.99%
2008-12-31	CN¥1.34 Billion ≈ $195.94 Million	CN¥249.52 Million ≈ $36.51 Million	0.186x	+105.99%
2007-12-31	CN¥1.25 Billion ≈ $182.92 Million	CN¥113.09 Million ≈ $16.55 Million	0.090x	-59.12%
2006-12-31	CN¥1.17 Billion ≈ $170.90 Million	CN¥258.47 Million ≈ $37.82 Million	0.221x	+90.57%
2005-12-31	CN¥1.08 Billion ≈ $157.72 Million	CN¥125.17 Million ≈ $18.32 Million	0.116x	+109.45%
2004-12-31	CN¥1.07 Billion ≈ $156.93 Million	CN¥59.46 Million ≈ $8.70 Million	0.055x	-82.26%
2003-12-31	CN¥463.29 Million ≈ $67.79 Million	CN¥144.78 Million ≈ $21.19 Million	0.313x	-25.30%
2002-12-31	CN¥375.65 Million ≈ $54.97 Million	CN¥157.14 Million ≈ $23.00 Million	0.418x	--

About Zhejiang Hangmin Co Ltd

SHG:600987 China Textile Manufacturing

Market Cap

$1.02 Billion

CN¥6.95 Billion CNY

Market Cap Rank

#8876 Global

#2175 in China

Share Price

CN¥6.81

Change (1 day)

+2.10%

52-Week Range

CN¥6.05 - CN¥8.65

All Time High

CN¥18.44