Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-04), China Development Bank Financial Leasing Co's Beta is 0.8575.
China Development Bank Financial Leasing Co (HKSE:01606) 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)
China Development Bank Financial Leasing Co Beta Related Terms
China Development Bank Financial Leasing Co Beta Historical Data
* 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.
China Development Bank Financial Leasing Co Beta Chart
China Development Bank Financial Leasing Co Annual Data
For the Rental & Leasing Services subindustry, China Development Bank Financial Leasing Co's Beta, along with its competitors' market caps and Beta 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.
China Development Bank Financial Leasing Co Beta vs Business Services Industry
China Development Bank Financial Leasing 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.
China Development Bank Financial Leasing Co (HKSE:01606) has a Beta of 0.8575 as of Jul. 04, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for China Development Bank Financial Leasing Co and its competitors.
Is China Development Bank Financial Leasing Co's Beta too high?
China Development Bank Financial Leasing Co's current Beta is 0.8575. Overall, China Development Bank Financial Leasing Co has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China Development Bank Financial Leasing Co's Beta compare to URI and SUNB?
China Development Bank Financial Leasing Co's Beta of 0.8575 can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beta for a Business Services company?
A good Beta depends on the Business Services industry context. However, Beta should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beta mean?
A high Beta can signal that a stock is expensive relative to its fundamentals. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for China Development Bank Financial Leasing Co and its competitors. China Development Bank Financial Leasing Co's current Beta is 0.8575. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Development Bank Financial Leasing Co stock overvalued right now?
Based on GuruFocus' analysis, China Development Bank Financial Leasing Co (HKSE:01606) is currently considered Fairly Valued. The stock's GF Value™ is HK$1.40, compared to a current price of HK$1.50 — trading 7.1% above its estimated fair value. The current Beta is 0.8575. China Development Bank Financial Leasing Co's overall GF Score™ is 81/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beta calculated?
Beta is calculated from a company's financial statements. For China Development Bank Financial Leasing Co (HKSE:01606), the current Beta is 0.8575 as of Jul. 04, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is China Development Bank Financial Leasing Co (HKSE:01606) Overvalued in 2026?
Based on GuruFocus' analysis, China Development Bank Financial Leasing Co stock appears to be overvalued.
The current stock price of HK$1.50 is trading 7.1% above its estimated GF Value™ of HK$1.40.
GuruFocus considers China Development Bank Financial Leasing Co to be Fairly Valued.
Key valuation signals for HKSE:01606:
Beta: 0.8575
GF Value™: HK$1.40 vs. price of HK$1.50 (7.1% above fair value)
No single metric tells the full story. See the HKSE:01606 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Development Bank Financial Leasing Co Business Description
China Development Bank Financial Leasing Co Ltd is engaged in providing financial and operating leasing services to customers in industries such as aviation, infrastructure, shipping, commercial vehicles, and construction machinery. The Group's operating business segments are: Aircraft leasing, Ship leasing, Energy leasing, High-end equipment leasing, Inclusive finance, and Others. The majority of its revenue is derived from the Airtcraft leasing segment, which is mainly engaged in the acquisition, leasing, management and disposal of commercial aircraft. The Group generates maximum revenue from the provision of operating leases.
81GF Score
Get the complete analysis for HKSE:01606
Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:01606 has been successfully added to your 
