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Ruicheng (China) Media Group (HKSE:01640) Beta : 0.46 (As of Dec. 13, 2024)


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What is Ruicheng (China) Media Group Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-12-13), Ruicheng (China) Media Group's Beta is 0.46.


Ruicheng (China) Media Group Beta Historical Data

The historical data trend for Ruicheng (China) Media Group'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.

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Ruicheng (China) Media Group Beta Chart

Ruicheng (China) Media Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Beta
Get a 7-Day Free Trial - - - 0.82 0.02

Ruicheng (China) Media Group Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - 0.82 0.18 0.02 -0.17

Competitive Comparison of Ruicheng (China) Media Group's Beta

For the Advertising Agencies subindustry, Ruicheng (China) Media Group'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.


Ruicheng (China) Media Group's Beta Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Ruicheng (China) Media Group's Beta distribution charts can be found below:

* The bar in red indicates where Ruicheng (China) Media Group's Beta falls into.



Ruicheng (China) Media Group 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.


Ruicheng (China) Media Group  (HKSE:01640) 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)


Ruicheng (China) Media Group Beta Related Terms

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Ruicheng (China) Media Group Business Description

Traded in Other Exchanges
N/A
Address
No. 63, Xidawang Road, Room 1602, 13th Floor, Building 7, Chaoyang District, Beijing, CHN, 100020
Ruicheng (China) Media Group Ltd operates as an advertising service provider in the People's Republic of China, focusing on TV advertising services. The company services include content marketing, vertical marketing, digital marketing, and scenario marketing. Its Television (TV) advertising services consist of hard-sell TV advertisements; and advertising solution packages. The company derives maximum revenue from Online advertising services followed by Outdoor advertising services and Television (TV) advertising services. Geographically, it derives revenue from PRC.
Executives
Wang Pingpin 2201 Interest of corporation controlled by you
Wang Lei 2201 Interest of corporation controlled by you
Li Na 2201 Interest of corporation controlled by you
Wang Xin 2201 Interest of corporation controlled by you
Zhang Miao 2202 Interest of your spouse
Ying Heng You Xian Gong Si 2101 Beneficial owner
Shi Rui 2202 Interest of your spouse
Ju Jia You Xian Gong Si 2101 Beneficial owner
Rui Cheng Tian He You Xian Gong Si 2101 Beneficial owner
You Yi You Xian Gong Si 2101 Beneficial owner
Wei Chun Lei 2202 Interest of your spouse

Ruicheng (China) Media Group Headlines

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