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.

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. Read how much debt does Zhejiang Hangmin Co Ltd carry for a breakdown of total debt and financial obligations.

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
Shenzhen Pacific Union Precision Manufacturing Co. Ltd. A SHG:688210	N/A
Harmonic Inc NASDAQ:HLIT	0.032x
Tekla Healthcare Investors NYSE:HQH	0.008x
Sinosteel Anhui Tianyuan Technology Co Ltd SHE:002057	0.015x
CHERVON HOLDINGS LTD F:AZ9	N/A
Mineros SA TO:MSA	0.098x
Hiconics Drive Tech Co SHE:300048	0.010x
Centuria Capital Group AU:CNI	0.019x

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

$1.06 Billion

CN¥7.27 Billion CNY

Market Cap Rank

#8835 Global

#2334 in China

Share Price

CN¥7.12

Change (1 day)

-0.56%

52-Week Range

CN¥6.88 - CN¥8.65

All Time High

CN¥18.44