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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-08-08), Zhewen Pictures Group Co's Beta is 0.8614.
Zhewen Pictures Group Co (SHSE:601599) 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.
Zhewen Pictures Group Co Beta Competitor Comparison
For the Textile Manufacturing subindustry, Zhewen Pictures Group 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.
Zhewen Pictures Group Co Beta vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zhewen Pictures Group Co's Beta distribution charts can be found below:
* The bar in red indicates where Zhewen Pictures Group 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.
Zhewen Pictures Group Co (SHSE:601599) has a Beta of 0.8614 as of Aug. 08, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Zhewen Pictures Group Co and its competitors.
Is Zhewen Pictures Group Co's Beta too high?
Zhewen Pictures Group Co's current Beta is 0.8614. Overall, Zhewen Pictures Group Co has a GF Score™ of 54/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhewen Pictures Group Co's Beta compare to competitors?
Zhewen Pictures Group Co's Beta of 0.8614 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Beta depends on the Manufacturing - Apparel & Accessories 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 Zhewen Pictures Group Co and its competitors. Zhewen Pictures Group Co's current Beta is 0.8614. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhewen Pictures Group Co stock overvalued right now?
Based on GuruFocus' analysis, Zhewen Pictures Group Co (SHSE:601599) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥4.39, compared to a current price of ¥3.02 — trading 31.2% below its estimated fair value. The current Beta is 0.8614. Zhewen Pictures Group Co's overall GF Score™ is 54/100 with 1 warning sign 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 Zhewen Pictures Group Co (SHSE:601599), the current Beta is 0.8614 as of Aug. 08, 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 Zhewen Pictures Group Co (SHSE:601599) Overvalued in 2026?
Based on GuruFocus' analysis, Zhewen Pictures Group Co stock appears to be undervalued.
The current stock price of ¥3.02 is trading 31.2% below its estimated GF Value™ of ¥4.39.
GuruFocus considers Zhewen Pictures Group Co to be Significantly Undervalued.
Key valuation signals for SHSE:601599:
Beta: 0.8614
GF Value™: ¥4.39 vs. price of ¥3.02 (31.2% below fair value)
No single metric tells the full story. See the SHSE:601599 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhewen Pictures Group Co Ltd, formerly Jiangsu Lugang Culture Co Ltd is a China-based company that engages in the manufacture and distribution of knitted woolen yarns. The company provides worsted yarns, semi-worsted yarns, and worsted woolen fabrics. Its products are applied in the manufacture of shirts, suits, and others.
54GF Score
Get the complete analysis for SHSE:601599
Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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