China Primary Energy Holdings (HKSE:08117) GF Value Rank : 0 (As of May. 24, 2024)

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What is China Primary Energy Holdings GF Value Rank?

China Primary Energy 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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China Primary Energy Holdings (HKSE:08117) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » China Primary Energy Holdings Ltd (HKSE:08117) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

14 Science Museum Road, Room 518, 5th Floor, Tower B, New Mandarin Plaza, Kowloon, Hong Kong, HKG

Website

https://china-p-energy.etnet.com.hk

China Primary Energy Holdings Ltd is an investment holding company. Its business activity of the group functions through the Transmission and distribution of natural gas, Sale of heat and biomass gasification-related products, and Property investment segments, and the majority of the revenue gets derived from the Transmission and distribution of the natural gas segment. Geographically the group has a business presence in Hong Kong and the PRC, of which key revenue is generated from the PRC.

Executives

Ma Zheng	2101 Beneficial owner
Excel Sino Investments Limited	2101 Beneficial owner
Guo Xiuqin	2201 Interest of corporation controlled by you
Tung Shing Energy Investment Limited	2101 Beneficial owner
Ji Shengzhi	2201 Interest of corporation controlled by you
Lu Ke	2201 Interest of corporation controlled by you
Ultra Vantage Holdings Limited	2101 Beneficial owner
Winmaxi (bvi) Company Limited	2101 Beneficial owner

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