Lygend Resources & Technology Co (HKSE:02245) GF Value Rank : 0 (As of Jun. 14, 2024)

View and export this data going back to 2022. Start your Free Trial

What is Lygend Resources & Technology Co GF Value Rank?

Lygend Resources & Technology Co 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.

Lygend Resources & Technology Co GF Value Rank Related Terms

Thank you for viewing the detailed overview of Lygend Resources & Technology Co's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Lygend Resources & Technology Co (HKSE:02245) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lygend Resources & Technology Co Ltd (HKSE:02245) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lane 299 Guanghua Road, 10th-11th Floor, Building C10, R&D Park, Yinzhou District, Zhejiang Province, Ningbo, CHN, 315000

Website

https://www.lygend.com

Lygend Resources & Technology Co Ltd is engaged in both the trading and the production of nickel products. The company has a comprehensive product and service portfolio covering multiple areas across the nickel industry value chain, from upstream sourcing of nickel resources, trading and production of nickel products, to equipment manufacturing and sale. Its products are widely used in various downstream sectors including the NEV and stainless steel industries. It derives a majority of its revenue from Mainland China.

Executives

Gong Yin Rui Xin Ji Jin Guan Li You Xian Gong Si	2102 Investment manager
Oakswood Group Ltd	2201 Interest of corporation controlled by you
Lim Shu Hua, Cheryl	2307 Founder of a discretionary trust who can infl
Feng Yi Pte. Ltd.	2101 Beneficial owner
Dbs Trustee Limited	2301 Trustee
China International Capital Corporation Limited	2201 Interest of corporation controlled by you
Ge Lin Mei Gu Fen You Xian Gong Si
Gong Yin Rui Xin Ji Jin Guan Li You Xian Gong Si Dai Gong Yin Rui Xin Tai Hong Hao Dan Yi Zi Chan Gu
Guang Dong Bang Pu Xun Huan Ke Ji You Xian Gong Si
Ning Bo Bang Pu Shi Dai Xin Neng Yuan You Xian Gong Si
Hu Bei Rong Bai Dian Chi San Jiao Yi Hao Gu Quan Tou Zi Ji Jin He Huo Qi Ye You Xian He Huo
Ge Lin Mei Xiang Gang Guo Ji Wu Liu You Xian Gong Si
Guang Fa Zi Guan Rong Bai Dian Chi Dan Yi Zi Chan Guan Li Ji Hua	2301 Trustee
Ning Bo Rong Bai Xin Neng Yuan Ke Ji Gu Fen You Xian Gong Si
Ning Bo Shi Yin Zhou Qu Jin Rong Kong Gu You Xian Gong Si

Lygend Resources & Technology Co (HKSE:02245) Headlines

No Headlines