Grinm Metal Composites (Beijing) Technolgy Co (SHSE:688811) Beta: N/A (As of Aug. 05, 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:688811 Grinm Metal Composites (Beijing) Technolgy Co Ltd SHSE:688811
17 GF Score
Price ¥22.90
! 3 Warning Signs
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What is Grinm Metal Composites (Beijing) Technolgy Co Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-08-05), Grinm Metal Composites (Beijing) Technolgy Co's Beta is Not available.

Grinm Metal Composites (Beijing) Technolgy Co  (SHSE:688811) 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)

Grinm Metal Composites (Beijing) Technolgy Co Beta Related Terms

Grinm Metal Composites (Beijing) Technolgy Co Beta Historical Data

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The historical data trend for Grinm Metal Composites (Beijing) Technolgy 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.

Grinm Metal Composites (Beijing) Technolgy Co Beta Chart

Grinm Metal Composites (Beijing) Technolgy Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Beta
0.00 0.00 0.00 0.00

Grinm Metal Composites (Beijing) Technolgy Co Quarterly Data
Dec22 Dec23 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beta Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00
SHSE:688811
17GF Score
Grinm Metal Composites (Beijing) Technolgy Co Ltd SHSE:688811
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Grinm Metal Composites (Beijing) Technolgy 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.

Grinm Metal Composites (Beijing) Technolgy Co Business Description

Address North side of Liushan Street, Gaolou Town, Sanhe City, Hebei Province, Langfang, CHN, 101407
Grinm Metal Composites (Beijing) Technolgy Co Ltd is engaged in the research, development, production and sales of metal composite materials and products, and special non-ferrous metal alloy products. Its activities include the manufacturing and processing of non-ferrous metals, as well as the production and sale of metal matrix and ceramic matrix composites, forgings, and powder metallurgy products.
17GF Score

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

¥22.90
Price