Changzhou Tongbao Photoelectricity Co (BJSE:920168) Beta: N/A (As of Aug. 24, 2026)

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BJSE:920168 Changzhou Tongbao Photoelectricity Co Ltd BJSE:920168
52 GF Score
Price ¥15.20
! 3 Warning Signs
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What is Changzhou Tongbao Photoelectricity Co Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-08-24), Changzhou Tongbao Photoelectricity Co's Beta is Not available.

Changzhou Tongbao Photoelectricity Co  (BJSE:920168) Beta Explanation

Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. We usually compare beta to 1. A beta of 1 indicates that the security's price will move with the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market.

Beta is primarily used in the Capital Asset Pricing Model (CAPM) to calculate the Cost of Equity, which can be used in the calculation of WACC %. The formula of Cost of Equity is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)

Changzhou Tongbao Photoelectricity Co Beta Related Terms

Changzhou Tongbao Photoelectricity Co Beta Historical Data

* Premium members only.

The historical data trend for Changzhou Tongbao Photoelectricity Co's Beta can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Changzhou Tongbao Photoelectricity Co Beta Chart

Changzhou Tongbao Photoelectricity Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Changzhou Tongbao Photoelectricity Co Quarterly Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Mar23 Jun23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
BJSE:920168
52GF Score
Changzhou Tongbao Photoelectricity Co Ltd BJSE:920168
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Changzhou Tongbao Photoelectricity Co Beta Calculation

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. A stock's beta can be calculated by dividing the product of the covariance of the individual stock's returns and the market's returns by the variance of the market's returns over a specified period. Basically, GuruFocus uses the returns calculated over three-year period.

Changzhou Tongbao Photoelectricity Co Business Description

Address No. 1-1, Taohuagang Road, Chunjiang Town, Xinbei District, Jiangsu Province, Jiangsu Province, CHN, 213033
Changzhou Tongbao Photoelectricity Co Ltd is engaged in the research, development, manufacturing, and sales of automotive electronic components, including automotive lighting systems, electronic control systems, and energy management systems. Its business activities include the production, processing, and repair of LED light-emitting diodes, automotive LED modules and accessories, lighting fixtures, and electronic components, as well as the provision of technical services for automotive LED modules.
52GF Score

Get the complete analysis for BJSE:920168

Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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