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Hop Fung Group Holdings (HKSE:02320) Beta : 0.39 (As of Dec. 12, 2024)


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What is Hop Fung Group Holdings Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-12-12), Hop Fung Group Holdings's Beta is 0.39.


Hop Fung Group Holdings Beta Historical Data

The historical data trend for Hop Fung Group 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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Hop Fung Group Holdings Beta Chart

Hop Fung Group Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.32 1.15 0.95 1.10 0.92

Hop Fung Group Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.94 1.10 0.95 0.92 0.73

Competitive Comparison of Hop Fung Group Holdings's Beta

For the Packaging & Containers subindustry, Hop Fung Group 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.


Hop Fung Group Holdings's Beta Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Hop Fung Group Holdings's Beta distribution charts can be found below:

* The bar in red indicates where Hop Fung Group Holdings's Beta falls into.



Hop Fung Group 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.


Hop Fung Group Holdings  (HKSE:02320) 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)


Hop Fung Group Holdings Beta Related Terms

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Hop Fung Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 57 Sha Tsui Road and Nos. 30-38 Tai Chung Road, Workshops E, F and H, 22nd Floor, Superluck Industrial Centre (Phase 2), Tsuen Wan, New Territories, Hong Kong, HKG
Hop Fung Group Holdings Ltd is principally engaged in the business of manufacturing and sale of corrugated paperware products. The company operates through two segments namely Containerboard and Corrugated packaging. Its Containerboard segment offers corrugating medium and liner board. The Corrugated packaging segment is involved in the production and marketing of corrugated paper boards and carton boxes. It generates key revenue from the Corrugated packaging segment. Geographically, it derives a majority of its revenue from the PRC.
Executives
Hui Sum Ping 2101 Beneficial owner
Jian Jian Yi
Hui Sum Tai 2101 Beneficial owner
Leung Pui Man 2202 Interest of your spouse
Hui Sum Kwok 2101 Beneficial owner
Goldkeen Assets Management Limited 2201 Interest of corporation controlled by you
Goldspeed Holdings Limited 2101 Beneficial owner
Hsbc International Trustee Limited 2301 Trustee
Wong Mui 2202 Interest of your spouse

Hop Fung Group Holdings Headlines

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