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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-08-27), Henan Jinma Energy Co's Beta is 0.7760.
Henan Jinma Energy Co (HKSE:06885) 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)
* 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.
For the Coking Coal subindustry, Henan Jinma Energy 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.
Henan Jinma Energy Co Beta vs Steel Industry
For the Steel industry and Basic Materials sector, Henan Jinma Energy Co's Beta distribution charts can be found below:
* The bar in red indicates where Henan Jinma Energy Co's Beta falls into.
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.
Henan Jinma Energy Co (HKSE:06885) has a Beta of 0.7760 as of Aug. 27, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Henan Jinma Energy Co and its competitors.
Is Henan Jinma Energy Co's Beta too high?
Henan Jinma Energy Co's current Beta is 0.7760. Overall, Henan Jinma Energy Co has a GF Score™ of 50/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Henan Jinma Energy Co's Beta compare to HCC and AMR?
Henan Jinma Energy Co's Beta of 0.7760 can be compared against companies in the Steel 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 Steel company?
A good Beta depends on the Steel 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 Henan Jinma Energy Co and its competitors. Henan Jinma Energy Co's current Beta is 0.7760. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Henan Jinma Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Henan Jinma Energy Co (HKSE:06885) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.77, compared to a current price of HK$0.62 — trading 19.5% below its estimated fair value. The current Beta is 0.7760. Henan Jinma Energy Co's overall GF Score™ is 50/100 with 4 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 Henan Jinma Energy Co (HKSE:06885), the current Beta is 0.7760 as of Aug. 27, 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 Henan Jinma Energy Co (HKSE:06885) Overvalued in 2026?
Based on GuruFocus' analysis, Henan Jinma Energy Co stock appears to be undervalued.
The current stock price of HK$0.62 is trading 19.5% below its estimated GF Value™ of HK$0.77.
GuruFocus considers Henan Jinma Energy Co to be Modestly Undervalued.
Key valuation signals for HKSE:06885:
Beta: 0.7760
GF Value™: HK$0.77 vs. price of HK$0.62 (19.5% below fair value)
No single metric tells the full story. See the HKSE:06885 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Henan Jinma Energy Co Ltd operates as a coke producer and processor of coking by-products in the coking chemical industry in Henan province, China. It operates through the following business segments: Coke, Refined chemicals, Energy products, and Trading. Maximum revenue is generated from the Coke segment, which is engaged in the production and sale of coke. The Refined chemicals segment is engaged in the processing and sale of coking by-products into a series of benzene-based and coal tar-based refined chemicals; the Energy products segment deals with processing oven crude gas into coal gas, extraction of LNG from coal gas and sale of coal gas and LNG, in addition, hydrogen is also extracted from coal gas for sale; and the Trading segment trades coal, coke, hydrogen and LNG.
50GF Score
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