Why is Zhejiang Hangmin Co., Ltd. ?
1
Poor long term growth as Net Sales has grown by an annual rate of 15.45% and Operating profit at 6.60% over the last 5 years
2
Negative results in Jun 25
- INVENTORY TURNOVER RATIO(HY) Lowest at 3.64%
- RAW MATERIAL COST(Y) Grown by 12.99% (YoY)
- DEBTORS TURNOVER RATIO(HY) Lowest at 10.26%
3
With ROE of 14.87%, it has a very attractive valuation with a 1.10 Price to Book Value
- Over the past year, while the stock has generated a return of -0.55%, its profits have risen by 2.8% ; the PEG ratio of the company is 2.6
- At the current price, the company has a high dividend yield of 4.5
4
Below par performance in long term as well as near term
- Along with generating -0.55% returns in the last 1 year, the stock has also underperformed China Shanghai Composite in the last 3 years, 1 year and 3 months
How much should you hold?
- Overall Portfolio exposure to Zhejiang Hangmin Co., Ltd. should be less than 10%
- Overall Portfolio exposure to Garments & Apparels should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Garments & Apparels)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Zhejiang Hangmin Co., Ltd. for you?
Low Risk, Low Return
Absolute
Risk Adjusted
Volatility
Zhejiang Hangmin Co., Ltd.
-100.0%
-0.10
21.38%
China Shanghai Composite
15.19%
1.01
14.58%
Quality key factors
Factor
Value
Sales Growth (5y)
15.45%
EBIT Growth (5y)
6.60%
EBIT to Interest (avg)
24.94
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.62
Sales to Capital Employed (avg)
1.67
Tax Ratio
14.39%
Dividend Payout Ratio
43.55%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
35.71%
ROE (avg)
13.78%
Valuation Key Factors 
Factor
Value
P/E Ratio
7
Industry P/E
Price to Book Value
1.10
EV to EBIT
2.79
EV to EBITDA
2.21
EV to Capital Employed
1.26
EV to Sales
0.27
PEG Ratio
2.63
Dividend Yield
4.50%
ROCE (Latest)
45.15%
ROE (Latest)
14.87%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Sideways
Sideways
Moving Averages
Bullish (Daily)
KST
Bearish
Mildly Bullish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bearish
No Trend
Technical Movement
3What is working for the Company
ROCE(HY)
Highest at 11.9%
CASH AND EQV(HY)
Highest at CNY 8,185.33 MM
-4What is not working for the Company
INVENTORY TURNOVER RATIO(HY)
Lowest at 3.64%
RAW MATERIAL COST(Y)
Grown by 12.99% (YoY
DEBTORS TURNOVER RATIO(HY)
Lowest at 10.26%
Here's what is working for Zhejiang Hangmin Co., Ltd.
Cash and Eqv
Highest at CNY 8,185.33 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Here's what is not working for Zhejiang Hangmin Co., Ltd.
Inventory Turnover Ratio
Lowest at 3.64% and Fallen
In each half year in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling inventory has slowed
Inventory Turnover Ratio
Debtors Turnover Ratio
Lowest at 10.26%
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio
Raw Material Cost
Grown by 12.99% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has deteriorated; this may lead to a fall in profit margin
Raw Material Cost as a percentage of Sales






