Zhejiang Hangmin Co Ltd (600987) - Total Assets

Latest as of September 2025: CN¥11.21 Billion CNY ≈ $1.64 Billion USD

Based on the latest financial reports, Zhejiang Hangmin Co Ltd (600987) holds total assets worth CN¥11.21 Billion CNY (≈ $1.64 Billion USD) as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore Zhejiang Hangmin Co Ltd cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Zhejiang Hangmin Co Ltd - Total Assets Trend (2001–2024)

This chart illustrates how Zhejiang Hangmin Co Ltd's total assets have evolved over time, based on quarterly financial data. See Zhejiang Hangmin Co Ltd (600987) shareholders funds for net asset value and shareholders' equity analysis.

Zhejiang Hangmin Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

Zhejiang Hangmin Co Ltd's total assets of CN¥11.21 Billion consist of 76.5% current assets and 23.5% non-current assets.

Asset Category	Amount (CNY)	% of Total Assets
Cash & Equivalents	CN¥0.00	32.9%
Accounts Receivable	CN¥789.94 Million	7.7%
Inventory	CN¥2.74 Billion	26.6%
Property, Plant & Equipment	CN¥0.00	0.0%
Intangible Assets	CN¥72.98 Million	0.7%
Goodwill	CN¥199.68 Million	1.9%

Asset Composition Trend (2001–2024)

This chart illustrates how Zhejiang Hangmin Co Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see 600987 market cap overview.

Show as percentage

Key Asset Composition Facts

Current vs. Non-Current Assets: Zhejiang Hangmin Co Ltd's current assets represent 76.5% of total assets in 2024, an increase from 26.0% in 2001.
Cash Position: Cash and equivalents constituted 32.9% of total assets in 2024, up from 7.2% in 2001.
Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2001.
Asset Diversification: The largest asset category is inventory at 26.6% of total assets.

Zhejiang Hangmin Co Ltd Competitors by Total Assets

Key competitors of Zhejiang Hangmin Co Ltd based on total assets are shown below.

Company	Country	Total Assets
Daehan Synthet KO:003830	Korea	₩842.28 Billion
Zhejiang Xinao Textiles Inc SHG:603889	China	CN¥6.57 Billion
Hunan Huasheng Co Ltd SHG:600156	China	CN¥817.93 Million
Guangdong Modern High Tech Fiber Co SHE:300876	China	CN¥1.78 Billion
Chuwa Wool Industry Co Taiwan Ltd TW:1439	Taiwan	NT$5.85 Billion
Nahar Industrial Enterprises Limited NSE:NAHARINDUS	India	Rs17.01 Billion
Thomas Scott (India) Limited NSE:THOMASCOTT	India	Rs2.38 Billion
Aarvee Denims & Exports Limited NSE:AARVEEDEN	India	Rs2.07 Billion

Zhejiang Hangmin Co Ltd - Liquidity and Working Capital Analysis

Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.

Key Liquidity Metrics

Metric	Current	1 Year Ago	5 Years Ago
Current Ratio	2.28	2.38	3.26
Quick Ratio	1.37	1.57	2.41
Cash Ratio	0.00	0.00	0.00
Working Capital	CN¥4.96 Billion	CN¥4.65 Billion	CN¥3.44 Billion

Zhejiang Hangmin Co Ltd - Advanced Valuation Insights

This section examines the relationship between Zhejiang Hangmin Co Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.

Key Valuation Metrics

Current Price-to-Book Ratio	1.29
Latest Market Cap to Assets Ratio	0.10
Asset Growth Rate (YoY)	15.2%
Total Assets	CN¥10.30 Billion
Market Capitalization	$982.91 Million USD

Valuation Analysis

Below Book Valuation: The market values Zhejiang Hangmin Co Ltd's assets below their book value (0.10x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Zhejiang Hangmin Co Ltd's assets grew by 15.2% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Zhejiang Hangmin Co Ltd (2001–2024)

The table below shows the annual total assets of Zhejiang Hangmin Co Ltd from 2001 to 2024.

Year	Total Assets	Change
2024-12-31	CN¥10.30 Billion ≈ $1.51 Billion	+15.19%
2023-12-31	CN¥8.94 Billion ≈ $1.31 Billion	+9.41%
2022-12-31	CN¥8.17 Billion ≈ $1.20 Billion	+3.60%
2021-12-31	CN¥7.89 Billion ≈ $1.15 Billion	+5.62%
2020-12-31	CN¥7.47 Billion ≈ $1.09 Billion	+6.05%
2019-12-31	CN¥7.04 Billion ≈ $1.03 Billion	+7.64%
2018-12-31	CN¥6.54 Billion ≈ $957.67 Million	+34.91%
2017-12-31	CN¥4.85 Billion ≈ $709.86 Million	+13.24%
2016-12-31	CN¥4.28 Billion ≈ $626.84 Million	+6.15%
2015-12-31	CN¥4.04 Billion ≈ $590.54 Million	+5.02%
2014-12-31	CN¥3.84 Billion ≈ $562.34 Million	+11.28%
2013-12-31	CN¥3.45 Billion ≈ $505.33 Million	+22.65%
2012-12-31	CN¥2.82 Billion ≈ $412.01 Million	+19.73%
2011-12-31	CN¥2.35 Billion ≈ $344.11 Million	+9.94%
2010-12-31	CN¥2.14 Billion ≈ $312.99 Million	+13.29%
2009-12-31	CN¥1.89 Billion ≈ $276.27 Million	+16.83%
2008-12-31	CN¥1.62 Billion ≈ $236.47 Million	+4.09%
2007-12-31	CN¥1.55 Billion ≈ $227.19 Million	-4.25%
2006-12-31	CN¥1.62 Billion ≈ $237.27 Million	+12.47%
2005-12-31	CN¥1.44 Billion ≈ $210.96 Million	-3.60%
2004-12-31	CN¥1.50 Billion ≈ $218.83 Million	+63.22%
2003-12-31	CN¥916.24 Million ≈ $134.08 Million	+7.82%
2002-12-31	CN¥849.77 Million ≈ $124.35 Million	+20.60%
2001-12-31	CN¥704.63 Million ≈ $103.11 Million	--

About Zhejiang Hangmin Co Ltd

SHG:600987 China Textile Manufacturing

Market Cap

$982.91 Million

CN¥6.72 Billion CNY

Market Cap Rank

#8849 Global

#2088 in China

Share Price

CN¥6.58

Change (1 day)

+2.02%

52-Week Range

CN¥6.05 - CN¥8.65

All Time High

CN¥18.44