Which companies are Zhejiang Hangmin's closest peers?

The cockpit's peer set: Nanjing Chemical Fibre (600889.SS), Huafon Microfibre (Shanghai) (300180.SZ), Seiren (3569.T), Shanghai Haixin (600851.SS), Zhejiang Taihua New Material (603055.SS), Shenzhen Fuanna Bedding & Furnishing (002327.SZ), Kurabo Industries (3106.T), Hyosung Tnc (298020.KS).

Is Zhejiang Hangmin expensive compared with its peers?

On ev / sales it trades at 0.4× against a peer median of 1.5×, 2nd cheapest of 21 in its peer set.

How has Zhejiang Hangmin stock performed?

Over six months to 6 Nov 2026 the shares returned -6.0% against -12.3% for the median peer; over one year -9.0%.

← CockpitCompetitor Analysis › 600987.SS Zhejiang Hangmin Co., Ltd. Class AOpen in the cockpit ↗

Zhejiang Hangmin Co., Ltd. Class A600987.SSCompetitor analysis, valuation and peers

China · CNY·Consumer Discretionary›Textiles

Momentum leader 83

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$1.02B

US dollars, full cap

Free float

36%

of shares outstanding

$/day

$5.73M

20-day average traded

Fwd P/E

n/m

no positive forecast

ROIC−WACC

+10.8 pp

WACC 5.0%

Hurdle

n/a

no reverse DCF

Next earnings

167 days

22 Apr 2027

Close · CNYCN¥6.69

1D+0.1%

1W+3.2%

1M+6.4%

3M+0.1%

6M-6.0%

YTD-2.9%

1Y-9.0%

ATR %1.8%

52w lowhigh24.3% off high

What Zhejiang Hangmin does

Employees: 9,322

Zhejiang Hangmin at a glance

Size Zhejiang Hangmin (600987.SS) is a China Consumer Discretionary company (Textiles) with a market value of $1.02B, the 2263rd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥6.69 on 6 Nov 2026.

Performance Over six months the shares fell 6.0%, against -12.3% for the median peer and -16.4% for the China market (cap-weighted) — 9th highest of 21 in its peer set.

Growth Revenue fell 23.4% over the last twelve months (peer median -0.1%); the operating margin is 7.7% (peer median 5.1%).

Valuation It trades at 0.4× enterprise value to sales against a peer median of 1.5× (2nd cheapest of 21).

Capital Return on invested capital runs 10.8 points above its cost of capital (5.0% WACC).

Next results Next results expected around 22 Apr 2027 (exchange calendar; dates can move).

Relative performance

Six months, rebased to 100: Zhejiang Hangmin against the median of its 20 peers (local-currency closes).

Zhejiang Hangmin financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	CN¥8.37B	CN¥10.7B	CN¥11.5B	CN¥9.66B	CN¥9.57B
Revenue growth	—	-7%	+19%	+1%	—
Gross profit	CN¥1.50B	CN¥1.62B	CN¥1.53B	CN¥1.30B	CN¥1.23B
EBITDA	n/a	CN¥1.33B	CN¥1.28B	CN¥1.07B	CN¥1.01B
Net income	CN¥714M	CN¥735M	CN¥720M	CN¥685M	CN¥658M
Free cash flow	CN¥859M	CN¥769M	CN¥1.10B	CN¥1.78B	CN¥814M
Capital expenditure	CN¥276M	CN¥279M	CN¥179M	CN¥226M	CN¥224M
Total debt	CN¥33.0M	CN¥97.1M	CN¥49.1M	CN¥15.7M	CN¥12.9M

Quarterly statements and history in the cockpit →

Zhejiang Hangmin competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

Up and to the right = strong over both horizons. Zhejiang Hangmin is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Zhejiang Hangmin is the large dot.

Zhejiang Hangmin competitors and peer comparison

How Zhejiang Hangmin compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Zhejiang Hangmin against its 20 peers (data as of 6 Nov 2026)
Measure	600987.SS	Peer median	Rank in peer set
1-month return	+6.4%	-3.5%	4th highest of 21
6-month return	-6.0%	-12.3%	9th highest of 21
Distance from 52-week high	-24.3%	-33.9%	8th highest of 21
Revenue growth (TTM)	-23.4%	-0.1%	lowest of 21
Operating margin	7.7%	5.1%	8th highest of 21
EV / Sales	0.4×	1.5×	2nd cheapest of 21
ROIC minus cost of capital	+10.8 pp	-2.4 pp	2nd highest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	EV / Sales	Req g	Delivered g
Zhejiang Hangmin 600987.SS	China	$1.02B	-6%	-23%	8%	0.4×	n/a	n/a
Nanjing Chemical Fibre 600889.SS	China	$1.03B	-24%	+115%	5%	8.4×	35.4%	-3.9%
Huafon Microfibre (Shanghai) 300180.SZ	China	$1.06B	-24%	-6%	-1%	2.0×	16.2%	+4.4%
Seiren 3569.T	Japan	$1.07B	-1%	+12%	12%	0.7×	-4.9%	+11.7%
Shanghai Haixin 600851.SS	China	$1.08B	+4%	-15%	7%	10.0×	n/a	n/a
Zhejiang Taihua New Material 603055.SS	China	$1.09B	-9%	+3%	10%	1.7×	-5.0%	+20.7%
Shenzhen Fuanna Bedding & Furnishing 002327.SZ	China	$951M	-26%	-5%	12%	2.4×	-1.3%	-2.1%
Kurabo Industries 3106.T	Japan	$1.10B	+33%	-3%	7%	1.1×	8.2%	+3.3%
Hyosung Tnc 298020.KS	South Korea	$911M	-45%	+8%	5%	0.1×	n/a	n/a
Zhejiang Xinao Textiles 603889.SS	China	$908M	-5%	+20%	13%	1.4×	n/a	n/a
Sunvim 002083.SZ	China	$1.16B	-20%	+19%	17%	1.5×	-12.1%	+3.3%
Formosa Taffeta 1434.TW	Taiwan	$888M	+9%	-7%	2%	1.3×	19.9%	-0.9%
Zhewen Pictures 601599.SS	China	$884M	+37%	+4%	1%	1.8×	46.4%	+13.9%
Zhejiang Yunzhongma 603130.SS	China	$867M	-8%	+4%	4%	2.4×	21.1%	+18.8%
Jiangsu Sanfame Polyester Material 600370.SS	China	$857M	-44%	-13%	-3%	0.7×	n/a	n/a
Shanghai Anoky 300067.SZ	China	$853M	-29%	+36%	3%	4.8×	n/a	n/a
Zhejiang Hailide New Material 002206.SZ	China	$845M	-18%	-7%	11%	1.3×	-2.2%	+10.7%
Shanxi Guoxin Energy Corporation Limited 600617.SS	China	$838M	-16%	-9%	3%	1.4×	0.8%	+4.5%
Huafu Fashion 002042.SZ	China	$822M	-31%	-23%	2%	1.3×	15.1%	-10.8%
Xingye Leather Technology 002674.SZ	China	$807M	+35%	+7%	8%	1.9×	14.3%	+15.4%
Gunze 3002.T	Japan	$797M	+17%	-4%	5%	1.1×	10.5%	+1.1%

Questions

Which companies are Zhejiang Hangmin's closest peers?: The cockpit's peer set: Nanjing Chemical Fibre (600889.SS), Huafon Microfibre (Shanghai) (300180.SZ), Seiren (3569.T), Shanghai Haixin (600851.SS), Zhejiang Taihua New Material (603055.SS), Shenzhen Fuanna Bedding & Furnishing (002327.SZ), Kurabo Industries (3106.T), Hyosung Tnc (298020.KS).
Is Zhejiang Hangmin expensive compared with its peers?: On ev / sales it trades at 0.4× against a peer median of 1.5×, 2nd cheapest of 21 in its peer set.
How has Zhejiang Hangmin stock performed?: Over six months to 6 Nov 2026 the shares returned -6.0% against -12.3% for the median peer; over one year -9.0%.