Kingfa Sci & Tec Co (SHSE:600143) GF Value Rank : 8 (As of Jun. 03, 2024)

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What is Kingfa Sci & Tec Co GF Value Rank?

Kingfa Sci & Tec Co has the GF Value Rank of 8.

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 Kingfa Sci & Tec Co's GF Value Rank

For the Specialty Chemicals subindustry, Kingfa Sci & Tec Co'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.

Kingfa Sci & Tec Co's GF Value Rank Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kingfa Sci & Tec Co's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Kingfa Sci & Tec Co's GF Value Rank falls into.

Kingfa Sci & Tec Co GF Value Rank Related Terms

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Kingfa Sci & Tec Co (SHSE:600143) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Kingfa Sci & Tec Co Ltd (SHSE:600143) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.33, Kefeng Road, Department of Finance, Science City, Hi - Tech Industrial Development Zone, Guangdong Province, Guangzhou, CHN, 510663

Website

http://www.kingfa.com.cn

Kingfa Sci & Tec Co Ltd is a China-based company engaged in the modified plastics industry. Its products include the development of modified plastics, fully biodegradable plastics, high-performance carbon fiber and composite materials, special engineering plastics, environmentally-friendly recycled plastics, fire retardant, and toughened plastics.

Executives

Ye Nan Biao	Supervisors
Huang He Sheng	senior management
Wu Di	Directors, senior managers
Dai Fu Qian	senior management
Zhu Bing	Supervisors
Li Nan Jing	Directors, senior managers
Chen Ping Xu	Director
Xiong Hai Tao	Director
Yuan Zhi Min	Director
Zhang Shi Zhong	Supervisors
Cao Su Ping	Supervisors
Ning Hong Tao	Director
Ning Kai Jun	senior management
Cai Tong Min	Director
Wang Ding Hua	Supervisors

Kingfa Sci & Tec Co (SHSE:600143) Headlines

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