Xingye Alloy Materials Group (HKSE:00505) GF Value Rank : 6 (As of May. 27, 2024)

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What is Xingye Alloy Materials Group GF Value Rank?

Xingye Alloy Materials Group has the GF Value Rank of 6.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Xingye Alloy Materials Group's GF Value Rank

For the Copper subindustry, Xingye Alloy Materials Group's GF Value Rank, along with its competitors' market caps and GF Value Rank 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.

Xingye Alloy Materials Group's GF Value Rank Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Xingye Alloy Materials Group's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Xingye Alloy Materials Group's GF Value Rank falls into.

Xingye Alloy Materials Group GF Value Rank Related Terms

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Xingye Alloy Materials Group (HKSE:00505) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Xingye Alloy Materials Group Ltd (HKSE:00505) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

37-39 Hung To Road, Flat 11, 11th Floor, Hung Tai Industrial Building, Kwun Tong, Kowloon, Hong Kong, HKG

Website

http://www.xingyealloy.com

Xingye Alloy Materials Group Ltd is an investment holding company engaged in the copper products business. The principal activities of the company are the manufacturing and sales of high-precision copper plates and strips, trading of raw materials, provision of processing services, the management of a portfolio of investment and development, and operation and distribution of internet and mobile gaming products The company generates its revenue from Mainland China, South Korea, Hong Kong, Taiwan, Bangladesh, India, Thailand, and Other countries.

Executives

Hu Changyuan	2101 Beneficial owner
Yu Yuesu	2202 Interest of your spouse
Ma Jiafeng	2201 Interest of corporation controlled by you
Xie Shicai	2201 Interest of corporation controlled by you
Dynamic Empire Holdings Limited	2201 Interest of corporation controlled by you
Come Fortune International Limited	2101 Beneficial owner
Zedra Trust Company (singapore) Limited	2301 Trustee
Bostone Group Limited	2101 Beneficial owner

Xingye Alloy Materials Group (HKSE:00505) Headlines

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