Hinng Group (International) Holding Co (HKSE:06893) Beta : 0.37 (As of Dec. 15, 2024)

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What is Hinng Group (International) Holding Co Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-12-15), Hinng Group (International) Holding Co's Beta is 0.37.

Hinng Group (International) Holding Co Beta Historical Data

The historical data trend for Hinng Group (International) Holding Co'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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Hinng Group (International) Holding Co Beta Chart

Hinng Group (International) Holding Co Annual Data

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Beta

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Hinng Group (International) Holding Co Semi-Annual Data
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Beta	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Hinng Group (International) Holding Co's Beta

For the Household & Personal Products subindustry, Hinng Group (International) Holding 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.

Hinng Group (International) Holding Co's Beta Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hinng Group (International) Holding Co's Beta distribution charts can be found below:

* The bar in red indicates where Hinng Group (International) Holding Co's Beta falls into.

Hinng Group (International) Holding 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.

Hinng Group (International) Holding Co (HKSE:06893) 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)

Hinng Group (International) Holding Co Beta Related Terms

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Hinng Group (International) Holding Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hin Sang Group (International) Holding Co Ltd (HKSE:06893) » Definitions » Beta

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Science Museum Road, Unit 1213-1215, 12th Floor, Seapower Tower, Concordia Plaza, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://www.hinsanggroup.com

Hin Sang Group (International) Holding Co Ltd is engaged in the marketing, selling, and manufacturing of children's healthcare products. It is also involved in developing its business in mother-infant Chinese medical healthcare as well as diagnosis and treatment services projects. Its business segments include Product Development, Brand Development and Management, Trading of Goods, and Healthcare segment. The group generates a majority of its revenue from the Product Development segment which develops and sells healthcare products, personal care products, and household products under its brand names. The company's operations are located in Hong Kong and the PRC, of which key revenue is derived from Hong Kong.

Executives

Kwan Lai Man	2101 Beneficial owner
Pang Siu Hin	2202 Interest of your spouse
Fullshare Holdings Limited	2201 Interest of corporation controlled by you
Ji Changqun	2201 Interest of corporation controlled by you
Magnolia Wealth International Limited	2201 Interest of corporation controlled by you
Viewforth Limited	2101 Beneficial owner

Hinng Group (International) Holding Co Headlines

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