Zhejiang Golden Eagle Co (SHSE:600232) EV-to-OCF: 89.88 (As of Aug. 30, 2026) — 492% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:600232 Zhejiang Golden Eagle Co Ltd SHSE:600232
67 GF Score
Price ¥6.57
GF Value ¥7.08
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Zhejiang Golden Eagle Co EV-to-OCF?

Zhejiang Golden Eagle Co SHSE:600232 +1.86% 67 EV-to-OCF is 89.88 as of Aug. 30, 2026, which is 492% above its 10-year median of 15.19. GuruFocus rates SHSE:600232 with a GF Score™ of 67/100 and a GF Value™ of ¥7.08 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,072 Manufacturing - Apparel & Accessories companies, Zhejiang Golden Eagle Co ranks worse than 94.78% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Zhejiang Golden Eagle Co's Enterprise Value is ¥2,573 Mil. Zhejiang Golden Eagle Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was ¥29 Mil. Therefore, Zhejiang Golden Eagle Co's EV-to-OCF for today is 89.88.

The historical rank and industry rank for Zhejiang Golden Eagle Co's EV-to-OCF or its related term are showing as below:

SHSE:600232' s EV-to-OCF Range Over the Past 10 Years
Min: -869.99   Med: 15.19   Max: 385.08
Current: 89.88

During the past 13 years, the highest EV-to-OCF of Zhejiang Golden Eagle Co was 385.08. The lowest was -869.99. And the median was 15.19.

SHSE:600232's EV-to-OCF is ranked worse than
94.78% of 1072 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 7.27 vs SHSE:600232: 89.88

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-08-30), Zhejiang Golden Eagle Co's stock price is ¥6.57. Zhejiang Golden Eagle Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ¥0.138. Therefore, Zhejiang Golden Eagle Co's PE Ratio (TTM) for today is 47.61.


Zhejiang Golden Eagle Co  (SHSE:600232) EV-to-OCF Explanation

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Zhejiang Golden Eagle Co's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=6.57/0.138
=47.61

Zhejiang Golden Eagle Co's share price for today is ¥6.57.
Zhejiang Golden Eagle Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0.138.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Zhejiang Golden Eagle Co EV-to-OCF Related Terms


Zhejiang Golden Eagle Co EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Zhejiang Golden Eagle Co's EV-to-OCF 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 Golden Eagle Co EV-to-OCF Chart

Zhejiang Golden Eagle Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.71 19.56 -43.26 -38.50 14.86

Zhejiang Golden Eagle Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-OCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.30 13.30 14.86 18.13 86.45

Zhejiang Golden Eagle Co EV-to-OCF Competitor Comparison

For the Textile Manufacturing subindustry, Zhejiang Golden Eagle Co's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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 Golden Eagle Co EV-to-OCF vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zhejiang Golden Eagle Co's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Zhejiang Golden Eagle Co's EV-to-OCF falls into.


SHSE:600232
67GF Score
Zhejiang Golden Eagle Co Ltd SHSE:600232
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhejiang Golden Eagle Co EV-to-OCF Calculation

Zhejiang Golden Eagle Co's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=2573.314/28.629
=89.88

Zhejiang Golden Eagle Co's current Enterprise Value is ¥2,573 Mil.
Zhejiang Golden Eagle Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥29 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-OCF →
What does a EV-to-OCF of 89.88 mean?
Zhejiang Golden Eagle Co (SHSE:600232) has a EV-to-OCF of 89.88 as of Aug. 30, 2026. This is 492% above median its historical median of 15.19. According to the industry distribution chart, Zhejiang Golden Eagle Co ranks #1016 out of 1072 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 94.8%.
Is Zhejiang Golden Eagle Co's EV-to-OCF too high?
Zhejiang Golden Eagle Co's current EV-to-OCF of 89.88 is 492% above median its 10-year median of 15.19. The Manufacturing - Apparel & Accessories industry median EV-to-OCF is 7.27. Zhejiang Golden Eagle Co's value of 89.88 is 1136.3% above this industry median. Based on the distribution chart, Zhejiang Golden Eagle Co ranks #1016 out of 1072 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Zhejiang Golden Eagle Co has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Golden Eagle Co's EV-to-OCF compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Zhejiang Golden Eagle Co ranks #1016 out of 1072 companies for EV-to-OCF. This places Zhejiang Golden Eagle Co in the lower half of its industry. The industry median EV-to-OCF is 7.27. Zhejiang Golden Eagle Co's value of 89.88 is 1136.3% above this benchmark. While the company's 10-year median is 15.19 vs. the industry median of 7.27, Zhejiang Golden Eagle Co has consistently been above 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 EV-to-OCF for a Manufacturing - Apparel & Accessories company?
The median EV-to-OCF among Manufacturing - Apparel & Accessories companies is 7.27, based on 1,072 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Zhejiang Golden Eagle Co's current EV-to-OCF of 89.88 is 1136.3% above 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 EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Manufacturing - Apparel & Accessories industry, the median EV-to-OCF is 7.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Golden Eagle Co's current EV-to-OCF is 89.88, which is 492% above median its own 10-year median of 15.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Golden Eagle Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Golden Eagle Co (SHSE:600232) is currently considered Fairly Valued. The stock's GF Value™ is ¥7.08, compared to a current price of ¥6.57 — trading 7.2% below its estimated fair value. The current EV-to-OCF is 89.88, which is 492% above median its 10-year median of 15.19 and 1136.3% above the Manufacturing - Apparel & Accessories industry median of 7.27. Zhejiang Golden Eagle Co's overall GF Score™ is 67/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Zhejiang Golden Eagle Co (SHSE:600232), the current EV-to-OCF is 89.88 as of Aug. 30, 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 Golden Eagle Co (SHSE:600232) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Golden Eagle Co stock appears to be undervalued. The current stock price of ¥6.57 is trading 7.2% below its estimated GF Value™ of ¥7.08. GuruFocus considers Zhejiang Golden Eagle Co to be Fairly Valued.

Key valuation signals for SHSE:600232:

  • EV-to-OCF: 89.88 (492% above median its 10-year median of 15.19)
  • GF Value™: ¥7.08 vs. price of ¥6.57 (7.2% below fair value)
  • GF Score™: 67/100 with 3 warning signs
  • Industry Position: 1136.3% above the Manufacturing - Apparel & Accessories median (#1016 of 1072)

No single metric tells the full story. See the SHSE:600232 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Golden Eagle Co Business Description

Address Xiaosha Town, Dinghai District, Zhejiang Province, Zhoushan, CHN, 316051
Zhejiang Golden Eagle Co Ltd is a Chinese company engaged in silk spinning, flax spinning, dyeing, and textile production. The company also manufactures textile equipment. The company generates the majority of its revenue from the Textile manufacturing business. The company also generates a small portion of revenue from the Battery material business.
67GF Score

Get the complete analysis for SHSE:600232

EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥6.57
Price
¥7.08
GF Value