Daming Electronics Co (SHSE:603376) Beta: N/A (As of Aug. 01, 2026)

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SHSE:603376 Daming Electronics Co Ltd SHSE:603376
49 GF Score
Price ¥25.84
! 4 Warning Signs
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What is Daming Electronics Co Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-08-01), Daming Electronics Co's Beta is Not available.

Daming Electronics Co  (SHSE:603376) 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)

Daming Electronics Co Beta Related Terms

Daming Electronics Co Beta Historical Data

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The historical data trend for Daming Electronics 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.

Daming Electronics Co Beta Chart

Daming Electronics Co Annual Data
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Daming Electronics Co Quarterly Data
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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 0.00 0.00 0.00 0.00 0.00
SHSE:603376
49GF Score
Daming Electronics Co Ltd SHSE:603376
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Daming Electronics 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.

Daming Electronics Co Business Description

Address No. M-1, West Industrial Zone, Hongqiao Town, Zhejiang Province, Yueqing, CHN, 325608
Daming Electronics Co Ltd specializes in producing automobile air-conditioning and acoustic systems, as well as automobile electric appliance switches. The company operates prominently from its manufacturing base in China, supplying a broad range of automotive switches, including automotive electrical switches (such as window lift switches, combination switches, steering wheel switches, and air conditioning controllers), automotive interior lights, and new energy vehicle chargers (DCDC converter assemblies).
49GF Score

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Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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