HangZhou Nbond Nonwovens Co (SHSE:603238) FCF Margin %: -2.25% (As of Mar. 2026)

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:603238 HangZhou Nbond Nonwovens Co Ltd SHSE:603238
63 GF Score
Price ¥11.58
GF Value ¥20.56
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is HangZhou Nbond Nonwovens Co FCF Margin %?

HangZhou Nbond Nonwovens Co SHSE:603238 +0.35% 63 FCF Margin % is -2.25% as of Mar. 2026. GuruFocus rates SHSE:603238 with a GF Score™ of 63/100 and a GF Value™ of ¥20.56 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,044 Manufacturing - Apparel & Accessories companies, HangZhou Nbond Nonwovens Co ranks better than 50.77% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. HangZhou Nbond Nonwovens Co's Free Cash Flow for the three months ended in Mar. 2026 was ¥-16 Mil. HangZhou Nbond Nonwovens Co's Revenue for the three months ended in Mar. 2026 was ¥707 Mil. Therefore, HangZhou Nbond Nonwovens Co's FCF Margin % for the quarter that ended in Mar. 2026 was -2.25%.

As of today, HangZhou Nbond Nonwovens Co's current FCF Yield % is 3.64%.

The historical rank and industry rank for HangZhou Nbond Nonwovens Co's FCF Margin % or its related term are showing as below:

SHSE:603238' s FCF Margin % Range Over the Past 10 Years
Min: -9.76   Med: 4.14   Max: 11.13
Current: 2.52


During the past 13 years, the highest FCF Margin % of HangZhou Nbond Nonwovens Co was 11.13%. The lowest was -9.76%. And the median was 4.14%.

SHSE:603238's FCF Margin % is ranked better than
50.77% of 1044 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.38 vs SHSE:603238: 2.52


HangZhou Nbond Nonwovens Co FCF Margin % Related Terms


HangZhou Nbond Nonwovens Co FCF Margin % Historical Data

* Premium members only.

The historical data trend for HangZhou Nbond Nonwovens Co's FCF Margin % 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.

HangZhou Nbond Nonwovens Co FCF Margin % Chart

HangZhou Nbond Nonwovens Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.42 8.72 4.00 4.60 3.16

HangZhou Nbond Nonwovens Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % 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 -0.01 13.41 -1.61 0.41 -2.25

HangZhou Nbond Nonwovens Co FCF Margin % Competitor Comparison

For the Textile Manufacturing subindustry, HangZhou Nbond Nonwovens Co's FCF Margin %, along with its competitors' market caps and FCF Margin % 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.


HangZhou Nbond Nonwovens Co FCF Margin % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, HangZhou Nbond Nonwovens Co's FCF Margin % distribution charts can be found below:

* The bar in red indicates where HangZhou Nbond Nonwovens Co's FCF Margin % falls into.


SHSE:603238
63GF Score
HangZhou Nbond Nonwovens Co Ltd SHSE:603238
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HangZhou Nbond Nonwovens Co FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

HangZhou Nbond Nonwovens Co's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=90.699/2874.015
=3.16 %

HangZhou Nbond Nonwovens Co's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-15.869/706.714
=-2.25 %

* 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 FCF Margin % →
What does a FCF Margin % of -2.25% mean?
HangZhou Nbond Nonwovens Co (SHSE:603238) has a FCF Margin % of -2.25% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on HangZhou Nbond Nonwovens Co and its competitors. According to the industry distribution chart, HangZhou Nbond Nonwovens Co ranks #514 out of 1044 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 49.2%.
Is HangZhou Nbond Nonwovens Co's FCF Margin % too high?
HangZhou Nbond Nonwovens Co's current FCF Margin % is -2.25%. Based on the distribution chart, HangZhou Nbond Nonwovens Co ranks #514 out of 1044 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, HangZhou Nbond Nonwovens Co has a GF Score™ of 63/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HangZhou Nbond Nonwovens Co's FCF Margin % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, HangZhou Nbond Nonwovens Co ranks #514 out of 1044 companies for FCF Margin %. This puts HangZhou Nbond Nonwovens Co in the upper half of its industry. The industry median FCF Margin % is 2.38. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Manufacturing - Apparel & Accessories company?
The median FCF Margin % among Manufacturing - Apparel & Accessories companies is 2.38, based on 1,044 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on HangZhou Nbond Nonwovens Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median FCF Margin % is 2.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HangZhou Nbond Nonwovens Co's current FCF Margin % is -2.25%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HangZhou Nbond Nonwovens Co stock overvalued right now?
Based on GuruFocus' analysis, HangZhou Nbond Nonwovens Co (SHSE:603238) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥20.56, compared to a current price of ¥11.58 — trading 43.7% below its estimated fair value. The current FCF Margin % is -2.25%. HangZhou Nbond Nonwovens Co's overall GF Score™ is 63/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For HangZhou Nbond Nonwovens Co (SHSE:603238), the current FCF Margin % is -2.25% as of Mar. 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 HangZhou Nbond Nonwovens Co (SHSE:603238) Overvalued in 2026?

Based on GuruFocus' analysis, HangZhou Nbond Nonwovens Co stock appears to be undervalued. The current stock price of ¥11.58 is trading 43.7% below its estimated GF Value™ of ¥20.56. GuruFocus considers HangZhou Nbond Nonwovens Co to be Significantly Undervalued.

Key valuation signals for SHSE:603238:

  • FCF Margin %: -2.25%
  • GF Value™: ¥20.56 vs. price of ¥11.58 (43.7% below fair value)
  • GF Score™: 63/100 with 4 warning signs

No single metric tells the full story. See the SHSE:603238 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HangZhou Nbond Nonwovens Co Business Description

Address No. 8 Changda Road / No. 16 Hongda Road, National Economic and Technological Development Zone, Zhejiang Province, Linping District, Hangzhou, CHN, 311102
HangZhou Nbond Nonwovens Co Ltd is a China-based company engages in the production and sale of non-woven fabrics. The Company is a company specializing in the research and development, production and sales of differentiated and personalized spunlace nonwoven materials and their products. The spunlace nonwoven materials produced by the Company are mainly used in four product areas: beauty care, industrial materials, civil cleaning, and medical materials. The Company's products are divided into two categories: spunlace nonwoven materials and spunlace nonwoven material products.
63GF Score

Get the complete analysis for SHSE:603238

FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥11.58
Price
¥20.56
GF Value