Zhejiang Hangmin Co Ltd (SHG:600987) — Market Cap & Net Worth
Market Cap & Net Worth: Zhejiang Hangmin Co Ltd (600987)
Zhejiang Hangmin Co Ltd (SHG:600987) has a market capitalization of $1.06 Billion (CN¥7.27 Billion) as of May 2, 2026. Listed on the SHG stock exchange, this China-based company holds position #8835 globally and #2334 in its home market, demonstrating a -4.17% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Zhejiang Hangmin Co Ltd's stock price CN¥7.12 by its total outstanding shares 1020818873 (1.02 Billion). Analyse 600987 cash flow metrics to see how efficiently the company converts income to cash.
Zhejiang Hangmin Co Ltd Market Cap History: 2015 to 2026
Zhejiang Hangmin Co Ltd's market capitalization history from 2015 to 2026. Data shows change from $1.26 Billion to $1.06 Billion (-0.56% CAGR).
Zhejiang Hangmin Co Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Zhejiang Hangmin Co Ltd's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.09x
Zhejiang Hangmin Co Ltd's market cap is 0.09 times its annual revenue
Latest Price to Earnings (P/E) Ratio
1.44x
Zhejiang Hangmin Co Ltd's market cap is 1.44 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2015 | $1.26 Billion | $3.03 Billion | $484.33 Million | 0.42x | 2.60x |
| 2016 | $1.20 Billion | $3.19 Billion | $542.81 Million | 0.38x | 2.22x |
| 2017 | $1.12 Billion | $6.95 Billion | $597.31 Million | 0.16x | 1.88x |
| 2018 | $829.24 Million | $7.53 Billion | $661.91 Million | 0.11x | 1.25x |
| 2019 | $795.48 Million | $6.69 Billion | $736.97 Million | 0.12x | 1.08x |
| 2020 | $748.28 Million | $5.23 Billion | $601.23 Million | 0.14x | 1.24x |
| 2021 | $753.63 Million | $9.49 Billion | $666.61 Million | 0.08x | 1.13x |
| 2022 | $1.04 Billion | $9.57 Billion | $658.01 Million | 0.11x | 1.58x |
| 2023 | $1.31 Billion | $9.67 Billion | $685.17 Million | 0.14x | 1.91x |
| 2024 | $1.04 Billion | $11.47 Billion | $719.71 Million | 0.09x | 1.44x |
Competitor Companies of 600987 by Market Capitalization
Companies near Zhejiang Hangmin Co Ltd in the global market cap rankings as of May 2, 2026.
Key companies related to Zhejiang Hangmin Co Ltd by market ranking:
- TORAY INDUSTRIES ADR/2 (F:6HK): Ranked #2388 globally with a market cap of $9.16 Billion USD ( €7.83 Billion EUR).
- TongKun Group Co Ltd (SHG:601233): Ranked #2516 globally with a market cap of $8.50 Billion USD ( CN¥58.11 Billion CNY).
- HMT(Xiamen)New Technical (SHG:603306): Ranked #3643 globally with a market cap of $4.89 Billion USD ( CN¥33.43 Billion CNY).
- Inner Mongolia ERDOS Resources Co Ltd (SHG:600295): Ranked #3828 globally with a market cap of $4.53 Billion USD ( CN¥30.96 Billion CNY).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #2388 | TORAY INDUSTRIES ADR/2 | F:6HK | $9.16 Billion | €11.80 |
| #2516 | TongKun Group Co Ltd | SHG:601233 | $8.50 Billion | CN¥24.21 |
| #3643 | HMT(Xiamen)New Technical | SHG:603306 | $4.89 Billion | CN¥101.45 |
| #3828 | Inner Mongolia ERDOS Resources Co Ltd | SHG:600295 | $4.53 Billion | CN¥15.67 |
Zhejiang Hangmin Co Ltd Historical Marketcap From 2015 to 2026
Between 2015 and today, Zhejiang Hangmin Co Ltd's market cap moved from $1.26 Billion to $ 1.06 Billion, with a yearly change of -0.56%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥1.06 Billion | +3.34% |
| 2025 | CN¥1.03 Billion | -0.72% |
| 2024 | CN¥1.04 Billion | -20.78% |
| 2023 | CN¥1.31 Billion | +25.71% |
| 2022 | CN¥1.04 Billion | +38.13% |
| 2021 | CN¥753.63 Million | +0.71% |
| 2020 | CN¥748.28 Million | -5.93% |
| 2019 | CN¥795.48 Million | -4.07% |
| 2018 | CN¥829.24 Million | -26.00% |
| 2017 | CN¥1.12 Billion | -6.96% |
| 2016 | CN¥1.20 Billion | -4.41% |
| 2015 | CN¥1.26 Billion | -- |
End of Day Market Cap According to Different Sources
On May 2nd, 2026 the market cap of Zhejiang Hangmin Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $1.06 Billion USD |
| MoneyControl | $1.06 Billion USD |
| MarketWatch | $1.06 Billion USD |
| marketcap.company | $1.06 Billion USD |
| Reuters | $1.06 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Zhejiang Hangmin Co Ltd
Zhejiang Hangmin Co.,Ltd, together with its subsidiaries, engages in the textile dyeing, printing, and finishing business in China. The company offers cotton, linen, polyester-cotton and woollen, and interwoven blended fabrics. It also offers non-woven and printed fabrics; weaving; spunlace; and fiber blended fabrics. Zhejiang Hangmin Co.,Ltd exports its products to Southeast Asia, the Middle Eas… Read more