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Guangdong Join-Share Financing Guarantee Investment Co (HKSE:01543) 12-1 Month Momentum % : 15.38% (As of May. 25, 2024)


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What is Guangdong Join-Share Financing Guarantee Investment Co 12-1 Month Momentum %?

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-05-25), Guangdong Join-Share Financing Guarantee Investment Co's 12-1 Month Momentum % is 15.38%.

The industry rank for Guangdong Join-Share Financing Guarantee Investment Co's 12-1 Month Momentum % or its related term are showing as below:

HKSE:01543's 12-1 Month Momentum % is ranked worse than
50.09% of 555 companies
in the Credit Services industry
Industry Median: 15.38 vs HKSE:01543: 15.38

Competitive Comparison of Guangdong Join-Share Financing Guarantee Investment Co's 12-1 Month Momentum %

For the Credit Services subindustry, Guangdong Join-Share Financing Guarantee Investment Co's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % 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.


Guangdong Join-Share Financing Guarantee Investment Co's 12-1 Month Momentum % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Guangdong Join-Share Financing Guarantee Investment Co's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Guangdong Join-Share Financing Guarantee Investment Co's 12-1 Month Momentum % falls into.



Guangdong Join-Share Financing Guarantee Investment Co  (HKSE:01543) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %=( Price 1-month ago / Price 12-month ago - 1 ) * 100 %

* 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.


Guangdong Join-Share Financing Guarantee Investment Co  (HKSE:01543) 12-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


Guangdong Join-Share Financing Guarantee Investment Co 12-1 Month Momentum % Related Terms

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Guangdong Join-Share Financing Guarantee Investment Co (HKSE:01543) Business Description

Traded in Other Exchanges
N/A
Address
No.31 Fuhua Road, Block 1, Room 4101-4110, Lecong Town, Join-Share International Financing Center, Shunde District Guangdong Province, Foshan, CHN, 528000
Guangdong Join-Share Financing Guarantee Investment Co Ltd is a financing services provider, focusing on providing credit-based financing solutions to small and medium enterprises (SMEs) to satisfy their financing and business needs. It provides guarantees on behalf of, and entrusted loans to, SMEs and individual business proprietors. It also provides micro-lending to SMEs, individual business proprietors and individuals in Foshan. The business is distinguished into Guarantees Business and SME Lending segments. The guarantee Business segment is further divided into Financial and Non-Financial Guarantees. The Guarantee segment generates maximum revenue for the company. Geographically, the firm operates in the People's Republic of China.
Executives
Dragon Pearl Hong Kong Investment Development Limited 2101 Beneficial owner
Wu Zhi Jian 2201 Interest of corporation controlled by you
Hong Kong Wellknown Development Limited 2101 Beneficial owner
Lo Kai Bong 2101 Beneficial owner
Lee Su Hwei 2201 Interest of corporation controlled by you
Lee Seng Huang 2201 Interest of corporation controlled by you
Apac Resources Limited 2201 Interest of corporation controlled by you
Allied Group Limited 2201 Interest of corporation controlled by you
Lee Seng Hui 2103 Interests held jointly with another person
Shk Finance Limited 2106 Person having a security interest in shares
United Asia Finance Limited 2201 Interest of corporation controlled by you
Sun Hung Kai & Co. Limited 2201 Interest of corporation controlled by you
Li Shen Hua 2101 Beneficial owner
True Faith International Enterprise Limited 2101 Beneficial owner
True Faith Holdings (hong Kong) Limited 2201 Interest of corporation controlled by you

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