Zhejiang RuiYuan Intelligent Control Technology Co (HKSE:08249) Beta: 2.0818 (As of Jul. 19, 2026)

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Director of Data and Quant Analytics at GuruFocus
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What is Zhejiang RuiYuan Intelligent Control Technology Co Beta?

Zhejiang RuiYuan Intelligent Control Technology Co HKSE:08249 Beta is 2.0818 as of Jul. 19, 2026. The stock has 4 warning signs investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-19), Zhejiang RuiYuan Intelligent Control Technology Co's Beta is 2.0818.

Zhejiang RuiYuan Intelligent Control Technology Co  (HKSE:08249) 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)

Zhejiang RuiYuan Intelligent Control Technology Co Beta Related Terms

Zhejiang RuiYuan Intelligent Control Technology Co Beta Historical Data

* Premium members only.

The historical data trend for Zhejiang RuiYuan Intelligent Control Technology 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.

Zhejiang RuiYuan Intelligent Control Technology Co Beta Chart

Zhejiang RuiYuan Intelligent Control Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.19 0.87 0.85 0.62 1.54

Zhejiang RuiYuan Intelligent Control Technology Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.85 0.82 0.62 1.12 1.54

HKSE:08249 vs APH, GLW, TEL: Beta Comparison

For the Electronic Components subindustry, Zhejiang RuiYuan Intelligent Control Technology 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.

Zhejiang RuiYuan Intelligent Control Technology Co Beta vs Hardware Industry

For the Hardware industry and Technology sector, Zhejiang RuiYuan Intelligent Control Technology Co's Beta distribution charts can be found below:

* The bar in red indicates where Zhejiang RuiYuan Intelligent Control Technology Co's Beta falls into.


Zhejiang RuiYuan Intelligent Control Technology 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.

Frequently Asked Questions Learn more about Beta →
What does a Beta of 2.0818 mean?
Zhejiang RuiYuan Intelligent Control Technology Co (HKSE:08249) has a Beta of 2.0818 as of Jul. 19, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Zhejiang RuiYuan Intelligent Control Technology Co and its competitors.
Is Zhejiang RuiYuan Intelligent Control Technology Co's Beta too high?
Zhejiang RuiYuan Intelligent Control Technology Co's current Beta is 2.0818.
How does Zhejiang RuiYuan Intelligent Control Technology Co's Beta compare to APH and GLW?
Zhejiang RuiYuan Intelligent Control Technology Co's Beta of 2.0818 can be compared against companies in the Hardware 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 Hardware company?
A good Beta depends on the Hardware 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 Zhejiang RuiYuan Intelligent Control Technology Co and its competitors. Zhejiang RuiYuan Intelligent Control Technology Co's current Beta is 2.0818. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang RuiYuan Intelligent Control Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang RuiYuan Intelligent Control Technology Co (HKSE:08249) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.08, compared to a current price of HK$0.07 — trading 18.8% below its estimated fair value. The current Beta is 2.0818. 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 Zhejiang RuiYuan Intelligent Control Technology Co (HKSE:08249), the current Beta is 2.0818 as of Jul. 19, 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.

Zhejiang RuiYuan Intelligent Control Technology Co Business Description

Address 248 Queen’s Road East, 40th Floor, Dah Sing Financial Centre, Wanchai, HKG
Zhejiang RuiYuan Intelligent Control Technology Co Ltd is mainly engaged in the design, manufacture, and sales of computer numerical control (CNC) machine tools, optical and mechanical products, sales of controller systems for electronic equipment and electronic components and subassemblies for electronic appliances. The Group's reportable operating segments are: Sales of controller systems for electronic products, which generate the maximum revenue, and Sales of mechanical products. Geographically, all of its revenue is attributable to its customers in the People's Republic of China (PRC).