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Zhejiang Hangmin CoSHSE:600987 -1.22%77 Debt-to-Equity is 0.01 as of Jun. 2026, which is at its 10-year median of 0.01. GuruFocus rates SHSE:600987 with a GF Score™ of 77/100 and a GF Value™ of ¥6.24 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,007 Retail - Cyclical companies, Zhejiang Hangmin Co ranks better than 99.9% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Zhejiang Hangmin Co's Debt-to-Equity or its related term are showing as below:
SHSE:600987'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.03
Current: 0.01
During the past 13 years, the highest Debt-to-Equity Ratio of Zhejiang Hangmin Co was 0.03. The lowest was 0.00. And the median was 0.01.
SHSE:600987's Debt-to-Equity is ranked better than 99.9% of 1007
companies
in the Retail - Cyclical industry
Industry Median: 0.56
vs SHSE:600987: 0.01
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Zhejiang Hangmin Co Debt-to-Equity Related Terms
Zhejiang Hangmin Co Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Zhejiang Hangmin Co's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Zhejiang Hangmin Co Debt-to-Equity Competitor Comparison
For the Luxury Goods subindustry, Zhejiang Hangmin Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Zhejiang Hangmin Co Debt-to-Equity vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Zhejiang Hangmin Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Zhejiang Hangmin Co's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Zhejiang Hangmin Co (SHSE:600987) has a Debt-to-Equity of 0.01 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Zhejiang Hangmin Co and its competitors. This is near median its historical median of 0.01. According to the industry distribution chart, Zhejiang Hangmin Co ranks #1 out of 1007 companies in the Retail - Cyclical industry, placing it in the top 0.099999999999994%.
Is Zhejiang Hangmin Co's Debt-to-Equity too high?
Zhejiang Hangmin Co's current Debt-to-Equity of 0.01 is near median its 10-year median of 0.01. The Retail - Cyclical industry median Debt-to-Equity is 0.56. Zhejiang Hangmin Co's value of 0.01 is 98.2% below this industry median. Based on the distribution chart, Zhejiang Hangmin Co ranks #1 out of 1007 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Zhejiang Hangmin Co has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Hangmin Co's Debt-to-Equity compare to competitors?
According to the Retail - Cyclical industry distribution chart, Zhejiang Hangmin Co ranks #1 out of 1007 companies for Debt-to-Equity. This places Zhejiang Hangmin Co in the top 0% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.56. Zhejiang Hangmin Co's value of 0.01 is 98.2% below this benchmark. While the company's 10-year median is 0.01 vs. the industry median of 0.56, Zhejiang Hangmin Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Retail - Cyclical company?
The median Debt-to-Equity among Retail - Cyclical companies is 0.56, based on 1,007 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Zhejiang Hangmin Co's current Debt-to-Equity of 0.01 is 98.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Zhejiang Hangmin Co and its competitors. For the Retail - Cyclical industry, the median Debt-to-Equity is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Hangmin Co's current Debt-to-Equity is 0.01, which is near median its own 10-year median of 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Hangmin Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Hangmin Co (SHSE:600987) is currently considered Fairly Valued. The stock's GF Value™ is ¥6.24, compared to a current price of ¥6.46 — trading 3.5% above its estimated fair value. The current Debt-to-Equity is 0.01, which is near median its 10-year median of 0.01 and 98.2% below the Retail - Cyclical industry median of 0.56. Zhejiang Hangmin Co's overall GF Score™ is 77/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Zhejiang Hangmin Co (SHSE:600987), the current Debt-to-Equity is 0.01 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Zhejiang Hangmin Co (SHSE:600987) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Hangmin Co stock appears to be overvalued.
The current stock price of ¥6.46 is trading 3.5% above its estimated GF Value™ of ¥6.24.
GuruFocus considers Zhejiang Hangmin Co to be Fairly Valued.
Key valuation signals for SHSE:600987:
Debt-to-Equity: 0.01 (near median its 10-year median of 0.01)
GF Value™: ¥6.24 vs. price of ¥6.46 (3.5% above fair value)
Industry Position: 98.2% below the Retail - Cyclical median (#1 of 1007)
No single metric tells the full story. See the SHSE:600987 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Hangmin Co Ltd in China is engaged in the areas of printing, dyeing, weaving, marine logistics and the production of thermoelectricity business. It mainly produces and exports multi-fiber blended fabrics, high real textile fabrics and printed fabrics. The company's product sold throughout the country and exported to Southeast Asia, the Middle East, North America, the European Union, Hong Kong, Macao and Taiwan and other countries and regions.
77GF Score
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