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Xinjiang Zhongtai Chemical Co (SZSE:002092) GF Value Rank : 9 (As of May. 30, 2024)


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What is Xinjiang Zhongtai Chemical Co GF Value Rank?

Xinjiang Zhongtai Chemical Co has the GF Value Rank of 9.

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 Xinjiang Zhongtai Chemical Co's GF Value Rank

For the Chemicals subindustry, Xinjiang Zhongtai Chemical 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.


Xinjiang Zhongtai Chemical Co's GF Value Rank Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Xinjiang Zhongtai Chemical Co's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Xinjiang Zhongtai Chemical Co's GF Value Rank falls into.



Xinjiang Zhongtai Chemical Co GF Value Rank Related Terms

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Xinjiang Zhongtai Chemical Co (SZSE:002092) Business Description

Traded in Other Exchanges
N/A
Address
No. 39 Yangcheng Lake Road, Urumqi Economic and Technological Development Zone, Toutunhe, CHN, 830026
Xinjiang Zhongtai Chemical Co Ltd is a large integrated chemical manufacturing company. It produces chlor-alkali, crude salt, calcium carbide, and coke products. Its primary geographic markets are Xinjiang, East China and the Southern part of China. The company also exports its products to Russia, South Asia such as India, Vietnam, Pakistan, South America and Africa.
Executives
Zhao Yong Lu Supervisors
Wang Ya Ling Executives
Liang Bin Director
Lei Xia Executives
Feng Zhao Hai Supervisors
Hao Zhen Yu Independent director
Ma Jiang Feng Executives
Tang Xiang Jun Supervisors
Peng Jiang Ling Executives
Zhang Qun Rong Executives
Fan Xue Feng Executives
Lou Gang Director
Zhang Su Quan Director
Liu Wen Xian Executives
Zheng Xin Zhou Directors, executives

Xinjiang Zhongtai Chemical Co (SZSE:002092) Headlines

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