600987
vs
S
Shanghai Composite
600987
Over the past 12 months, Zhejiang Hangmin Co Ltd has underperformed Shanghai Composite, delivering a return of +10% compared to the Shanghai Composite's +28% growth.
Stocks Performance
600987 vs Shanghai Composite
Performance Gap
600987 vs Shanghai Composite
Performance By Year
600987 vs Shanghai Composite
Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.
Zhejiang Hangmin Co Ltd
Glance View
Zhejiang Hangmin Co., Ltd., nestled in one of China's most vibrant economic regions, Zhejiang Province, has carved out a significant niche in the domestic textile industry. The company thrives on a robust vertically integrated model, covering the entire textile production chain—from the initial yarn manufacturing to finished garments. From its inception, Hangmin has embraced innovation and efficiency as core tenets, enabling it to aggressively compete in both domestic and international markets. Its substantial investments in state-of-the-art production facilities and cutting-edge technology have bolstered productivity and ensured a consistent stream of high-quality textile products, which range from home textiles to stylish apparel. The secret to Hangmin’s economic success lies in its adeptness at exploiting economies of scale, a skill honed through years of strategic expansions and calculated diversification. The company’s wide product range caters to various markets, allowing it to tap into multiple revenue streams. By maintaining close partnerships with suppliers and consistently meeting consumer demands, Hangmin has established itself as a reliable provider in the fast-paced textile arena. Its business model capitalizes on the ever-evolving trends in fashion and interiors, securing profitability by swiftly adjusting to market needs and optimally utilizing its integrated operations—from raw material procurement to final product distribution.