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.
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.
Zhejiang Hangmin CoSHSE:600987 +1.23%79 3-Year ROIIC % is 14.37 as of Dec. 2025, which is 18% below its 10-year median of 17.58. GuruFocus rates SHSE:600987 with a GF Score™ of 79/100 and a GF Value™ of ¥6.90 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,015 Manufacturing - Apparel & Accessories companies, Zhejiang Hangmin Co ranks better than 71.13% on this metric.
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Zhejiang Hangmin Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 14.37%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Zhejiang Hangmin Co's 3-Year ROIIC % or its related term are showing as below:
SHSE:600987's 3-Year ROIIC % is ranked better than 71.13% of 1015
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.52
vs SHSE:600987: 14.37
Zhejiang Hangmin Co (SHSE:600987) 3-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Zhejiang Hangmin Co 3-Year ROIIC % Related Terms
Zhejiang Hangmin Co 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Zhejiang Hangmin Co's 3-Year ROIIC % 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 3-Year ROIIC % Competitor Comparison
For the Textile Manufacturing subindustry, Zhejiang Hangmin Co's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zhejiang Hangmin Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Zhejiang Hangmin Co's 3-Year ROIIC % 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Zhejiang Hangmin Co (SHSE:600987) has a 3-Year ROIIC % of 14.37 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Zhejiang Hangmin Co and its competitors. This is 18% below median its historical median of 17.58. According to the industry distribution chart, Zhejiang Hangmin Co ranks #293 out of 1015 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 28.9%.
Is Zhejiang Hangmin Co's 3-Year ROIIC % too high?
Zhejiang Hangmin Co's current 3-Year ROIIC % of 14.37 is 18% below median its 10-year median of 17.58. The Manufacturing - Apparel & Accessories industry median 3-Year ROIIC % is 1.52. Zhejiang Hangmin Co's value of 14.37 is 845.4% above this industry median. Based on the distribution chart, Zhejiang Hangmin Co ranks #293 out of 1015 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Zhejiang Hangmin Co has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Hangmin Co's 3-Year ROIIC % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Zhejiang Hangmin Co ranks #293 out of 1015 companies for 3-Year ROIIC %. This puts Zhejiang Hangmin Co in the upper half of its industry. The industry median 3-Year ROIIC % is 1.52. Zhejiang Hangmin Co's value of 14.37 is 845.4% above this benchmark. While the company's 10-year median is 17.58 vs. the industry median of 1.52, Zhejiang Hangmin 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 3-Year ROIIC % for a Manufacturing - Apparel & Accessories company?
The median 3-Year ROIIC % among Manufacturing - Apparel & Accessories companies is 1.52, based on 1,015 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Zhejiang Hangmin Co's current 3-Year ROIIC % of 14.37 is 845.4% 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Zhejiang Hangmin Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median 3-Year ROIIC % is 1.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Hangmin Co's current 3-Year ROIIC % is 14.37, which is 18% below median its own 10-year median of 17.58. 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 ¥6.90, compared to a current price of ¥6.58 — trading 4.6% below its estimated fair value. The current 3-Year ROIIC % is 14.37, which is 18% below median its 10-year median of 17.58 and 845.4% above the Manufacturing - Apparel & Accessories industry median of 1.52. Zhejiang Hangmin Co's overall GF Score™ is 79/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Zhejiang Hangmin Co (SHSE:600987), the current 3-Year ROIIC % is 14.37 as of Dec. 2025. 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 undervalued.
The current stock price of ¥6.58 is trading 4.6% below its estimated GF Value™ of ¥6.90.
GuruFocus considers Zhejiang Hangmin Co to be Fairly Valued.
Key valuation signals for SHSE:600987:
3-Year ROIIC %: 14.37 (18% below median its 10-year median of 17.58)
GF Value™: ¥6.90 vs. price of ¥6.58 (4.6% below fair value)
Industry Position: 845.4% above the Manufacturing - Apparel & Accessories median (#293 of 1015)
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.
79GF Score
Get the complete analysis for SHSE:600987
3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:600987 has been successfully added to your 
