Strong Petrochemical Holdings (HKSE:00852) GF Value Rank : 0 (As of May. 29, 2024)

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What is Strong Petrochemical Holdings GF Value Rank?

Strong Petrochemical Holdings has the GF Value Rank of 0.

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.

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Strong Petrochemical Holdings (HKSE:00852) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Strong Petrochemical Holdings Ltd (HKSE:00852) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 Harcourt Road, Room 1604, 16th Floor, Far East Finance Centre, Admiralty, Hong Kong, HKG

Website

http://www.strongpetrochem.com

Strong Petrochemical Holdings Ltd is a Hong Kong-based company engaged in the trading of crude oil, petroleum products, and petrochemicals. Its segments include the Trading business and Storage business. The Trading business segment includes trading of commodities including crude oil, petroleum products, petrochemicals, coal, and iron ore. The Storage business segment includes the provision of general storage and other ancillary services in respect of petroleum products and petrochemicals. The majority of the firm's revenue comes from the People's Republic of China.

Executives

Wang Jian Sheng	2201 Interest of corporation controlled by you
Yao Guoliang	2501 Other
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