Zhejiang Hangmin Co Ltd (600987) - Total Assets
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. See what is Zhejiang Hangmin Co Ltd's book value for net asset value and shareholders' equity analysis.
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. Check Zhejiang Hangmin Co Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
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 how much is Zhejiang Hangmin Co Ltd worth.
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 |
|---|---|---|
|
Shandong Fiberglass Group Co Ltd
SHG:605006
|
China | CN¥7.80 Billion |
|
Bros Eastern Co Ltd
SHG:601339
|
China | CN¥13.55 Billion |
|
Huafu Top Dyed Melange Yarn Co Ltd
SHE:002042
|
China | CN¥17.79 Billion |
|
Zhejiang Sunrise Garment Group Co Ltd
SHG:605138
|
China | CN¥6.87 Billion |
|
Guangdong Modern High Tech Fiber Co
SHE:300876
|
China | CN¥1.78 Billion |
|
Nahar Spinning Mills Limited
NSE:NAHARSPING
|
India | Rs24.81 Billion |
|
Gabriel Holding
CO:GABR
|
Denmark | Dkr699.90 Million |
|
Yoong Onn Corporation Bhd
KLSE:5159
|
Malaysia | RM407.94 Million |
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
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