Zhejiang Hangmin Co (SHSE:600987) 1-Year Sharpe Ratio: -0.37 (As of Sep. 09, 2026)

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SHSE:600987 Zhejiang Hangmin Co Ltd SHSE:600987
77 GF Score
Price ¥6.53
GF Value ¥6.24
Valuation Fairly Valued
! 6 Warning Signs
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What is Zhejiang Hangmin Co 1-Year Sharpe Ratio?

Zhejiang Hangmin Co SHSE:600987 -0.61% 77 1-Year Sharpe Ratio is -0.37 as of Sep. 09, 2026. 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.

The 1-Year Sharpe Ratio measures the additional return that an investor receives per unit of increase in risk over the past year. As of today (2026-09-09), Zhejiang Hangmin Co's 1-Year Sharpe Ratio is -0.37.

Zhejiang Hangmin Co  (SHSE:600987) 1-Year Sharpe Ratio Explanation

The 1-Year Sharpe Ratio inidicates the risk-adjusted return of an investment over the past year. It is calculated as the annualized result of the average monthly excess return divided by its standard deviation over the past year. The monthly excess return is the monthly investment return minus the monthly risk-free rate (typically the 10-year Treasury Constant Maturity Rate). If the risk-free rate for a specific region is not available, U.S. data is used by default.

The greater a portfolio's Sharpe Ratio, the better its risk-adjusted performance. A negative Sharpe Ratio means the risk-free rate is greater than the portfolio’s historical or projected return, or else the portfolio's return is expected to be negative.

Zhejiang Hangmin Co 1-Year Sharpe Ratio Related Terms

Zhejiang Hangmin Co 1-Year Sharpe Ratio Competitor Comparison

For the Luxury Goods subindustry, Zhejiang Hangmin Co's 1-Year Sharpe Ratio, along with its competitors' market caps and 1-Year Sharpe Ratio 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 1-Year Sharpe Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Zhejiang Hangmin Co's 1-Year Sharpe Ratio distribution charts can be found below:

* The bar in red indicates where Zhejiang Hangmin Co's 1-Year Sharpe Ratio falls into.


SHSE:600987
77GF Score
Zhejiang Hangmin Co Ltd SHSE:600987
1-Year Sharpe Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Hangmin Co 1-Year Sharpe Ratio Calculation

The 1-Year Sharpe Ratio measures the performance of an investment such as a stock or portfolio compared to a risk-free asset. A stock / portfolio's 1-Year Sharpe Ratio can be calculated by dividing the difference between the one-year returns of the investment and the risk-free rate, by the standard deviation of the investment returns over one year.

Frequently Asked Questions Learn more about 1-Year Sharpe Ratio →
What does a 1-Year Sharpe Ratio of -0.37 mean?
Zhejiang Hangmin Co (SHSE:600987) has a 1-Year Sharpe Ratio of -0.37 as of Sep. 09, 2026. 1-Year Sharpe Ratio measures the additional return that an investor receives per unit of increase in risk. View historical data for Zhejiang Hangmin Co and its competitors.
Is Zhejiang Hangmin Co's 1-Year Sharpe Ratio too high?
Zhejiang Hangmin Co's current 1-Year Sharpe Ratio is -0.37. 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 1-Year Sharpe Ratio compare to competitors?
Zhejiang Hangmin Co's 1-Year Sharpe Ratio of -0.37 can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 1-Year Sharpe Ratio for a Retail - Cyclical company?
A good 1-Year Sharpe Ratio depends on the Retail - Cyclical industry context. However, 1-Year Sharpe Ratio 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 1-Year Sharpe Ratio mean?
A high 1-Year Sharpe Ratio can signal that a stock is expensive relative to its fundamentals. 1-Year Sharpe Ratio measures the additional return that an investor receives per unit of increase in risk. View historical data for Zhejiang Hangmin Co and its competitors. Zhejiang Hangmin Co's current 1-Year Sharpe Ratio is -0.37. 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 ¥6.53 — trading 4.6% above its estimated fair value. The current 1-Year Sharpe Ratio is -0.37. 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 1-Year Sharpe Ratio calculated?
1-Year Sharpe Ratio is calculated from a company's financial statements. For Zhejiang Hangmin Co (SHSE:600987), the current 1-Year Sharpe Ratio is -0.37 as of Sep. 09, 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 ¥6.53 is trading 4.6% above its estimated GF Value™ of ¥6.24. GuruFocus considers Zhejiang Hangmin Co to be Fairly Valued.

Key valuation signals for SHSE:600987:

  • 1-Year Sharpe Ratio: -0.37
  • GF Value™: ¥6.24 vs. price of ¥6.53 (4.6% above fair value)
  • GF Score™: 77/100 with 6 warning signs

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 Business Description

Address Hangmin Village, Guali Town, Xiaoshan District, Zhejiang province, hangzhou, CHN, 311241
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

Get the complete analysis for SHSE:600987

1-Year Sharpe Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥6.53
Price
¥6.24
GF Value