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SMIT Holdings (HKSE:02239) Beta : 0.75 (As of Apr. 06, 2025)


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What is SMIT Holdings Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2025-04-06), SMIT Holdings's Beta is 0.75.


SMIT Holdings Beta Historical Data

The historical data trend for SMIT Holdings'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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SMIT Holdings Beta Chart

SMIT Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Beta
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SMIT Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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Competitive Comparison of SMIT Holdings's Beta

For the Security & Protection Services subindustry, SMIT Holdings'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.


SMIT Holdings's Beta Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, SMIT Holdings's Beta distribution charts can be found below:

* The bar in red indicates where SMIT Holdings's Beta falls into.


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SMIT Holdings 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.


SMIT Holdings  (HKSE:02239) 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)


SMIT Holdings Beta Related Terms

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SMIT Holdings Business Description

Traded in Other Exchanges
N/A
Address
16 Science Park East Avenue, 1st Floor, Harbour View 2, Hong Kong Science Park Shatin, New Territories, Hong Kong, HKG
SMIT Holdings Ltd is an investment holding company. The Company operates as one security device provider for pay television (TV) broadcasting access worldwide and for mobile point-of-sale (mPOS), or mPOS payment systems in China. The Company's mPOS products are designed to be used primarily by business enterprises for secure and convenient payment transactions. It sells its mPOS devices in China to hardware-based mobile payment service providers, which utilize its mPOS devices in conjunction with their own mobile applications to enable end users to make mobile payment transactions. The Company's conditional access modules, or conditional access module (CAM) products are used to provide end users with access to pay TV content.
Executives
Zhang Shiyun 2202 Interest of your spouse
Ever Expert Holdings Limited 2101 Beneficial owner
Huang Xueliang 2201 Interest of corporation controlled by you
Shen Zhen Qian Hai Guo Wei Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you

SMIT Holdings Headlines

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