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. See defensive interval ratio of Zhejiang Hangmin Co Ltd to measure how many days the company can operate on defensive assets alone.

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.

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
Guararapes Confecções S.A SA:GUAR3	0.075x
Joyoung Co Ltd SHE:002242	0.005x
G R Infraprojects Limited NSE:GRINFRA	0.043x
Meren Energy Inc. NASDAQ:MRNFF	-0.039x
Jiangxi Huangshanghuang Group Food Co Ltd SHE:002695	0.026x
Beijing Water Business Doctor SHE:300055	0.001x
Miracll Chemicals Co Ltd SHE:300848	0.054x
Shanghai Sheng Jian Environment Technology Co Ltd SHG:603324	-0.008x

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. For the full company profile with market capitalisation and key ratios, see 600987 stock market capitalisation.

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

$932.12 Million

CN¥6.37 Billion CNY

Market Cap Rank

#9378 Global

#2420 in China

Share Price

CN¥6.24

Change (1 day)

-3.11%

52-Week Range

CN¥6.24 - CN¥8.65

All Time High

CN¥18.44