Zhejiang Hangmin Co Ltd
SSE:600987

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Zhejiang Hangmin Co Ltd Logo
Zhejiang Hangmin Co Ltd
SSE:600987
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Price: 7.03 CNY -0.42%
Market Cap: ¥7.2B

EV/S

0.6
Current
13%
More Expensive
vs 3-y average of 0.5

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
0.6
=
Enterprise Value
¥6.4B
/
Revenue
¥10.7B

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
0.6
=
Enterprise Value
¥6.4B
/
Revenue
¥10.7B

Valuation Scenarios

Zhejiang Hangmin Co Ltd is trading above its 3-year average

If EV/S returns to its 3-Year Average (0.5), the stock would be worth ¥6.23 (11% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-27%
Maximum Upside
+493%
Average Upside
169%
Scenario EV/S Value Implied Price Upside/Downside
Current Multiple 0.6 ¥7.03
0%
3-Year Average 0.5 ¥6.23
-11%
5-Year Average 0.4 ¥5.14
-27%
Industry Average 1.8 ¥22.65
+222%
Country Average 3.3 ¥41.67
+493%

Forward EV/S
Today’s price vs future revenue

Not enough data available to calculate forward EV/S

Peer Comparison

All Multiples
EV/S
P/E
All Countries
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Market Distribution

Lower than 91% of companies in China
Percentile
9th
Based on 7 593 companies
9th percentile
0.6
Low
0 — 1.7
Typical Range
1.7 — 6.2
High
6.2 —
Distribution Statistics
China
Min 0
30th Percentile 1.7
Median 3.3
70th Percentile 6.2
Max 5 034 353.9

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.

Intrinsic Value
11.62 CNY
Undervaluation 39%
Intrinsic Value
Price ¥7.03
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