Grand Kangxi Communication Technologies (Shanghai) Co (SHSE:688653) Beta: N/A (As of Jul. 16, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:688653 Grand Kangxi Communication Technologies (Shanghai) Co Ltd SHSE:688653
32 GF Score
Price ¥13.53
GF Value ¥17.38
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Grand Kangxi Communication Technologies (Shanghai) Co Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-16), Grand Kangxi Communication Technologies (Shanghai) Co's Beta is Not available.

Grand Kangxi Communication Technologies (Shanghai) Co  (SHSE:688653) 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)

Grand Kangxi Communication Technologies (Shanghai) Co Beta Related Terms

Grand Kangxi Communication Technologies (Shanghai) Co Beta Historical Data

* Premium members only.

The historical data trend for Grand Kangxi Communication Technologies (Shanghai) 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.

Grand Kangxi Communication Technologies (Shanghai) Co Beta Chart

Grand Kangxi Communication Technologies (Shanghai) Co Annual Data
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Grand Kangxi Communication Technologies (Shanghai) Co Quarterly Data
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SHSE:688653
32GF Score
Grand Kangxi Communication Technologies (Shanghai) Co Ltd SHSE:688653
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Grand Kangxi Communication Technologies (Shanghai) 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.

Is Grand Kangxi Communication Technologies (Shanghai) Co (SHSE:688653) Overvalued in 2026?

Based on GuruFocus' analysis, Grand Kangxi Communication Technologies (Shanghai) Co stock appears to be undervalued. The current stock price of ¥13.53 is trading 22.2% below its estimated GF Value™ of ¥17.38. GuruFocus considers Grand Kangxi Communication Technologies (Shanghai) Co to be Modestly Undervalued.

Key valuation signals for SHSE:688653:

  • Beta: N/A
  • GF Value™: ¥17.38 vs. price of ¥13.53 (22.2% below fair value)
  • GF Score™: 32/100 with 4 warning signs

No single metric tells the full story. See the SHSE:688653 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Grand Kangxi Communication Technologies (Shanghai) Co Business Description

Address No. 399 Keyuan Road, 5th Floor, Building 10, Pudong New District, Shanghai, CHN, 201210
Grand Kangxi Communication Technologies (Shanghai) Co Ltd is engaged in research & development, design and sales of Wi-Fi radio frequency front-end chips and modules.
32GF Score

Get the complete analysis for SHSE:688653

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

¥13.53
Price
¥17.38
GF Value