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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-08-06), Changhong Meiling Co's Beta is 0.6677.
Changhong Meiling Co (SZSE:200521) 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.
For the Furnishings, Fixtures & Appliances subindustry, Changhong Meiling 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.
Changhong Meiling Co Beta vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Changhong Meiling Co's Beta distribution charts can be found below:
* The bar in red indicates where Changhong Meiling 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.
Changhong Meiling Co (SZSE:200521) has a Beta of 0.6677 as of Aug. 06, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Changhong Meiling Co and its competitors.
Is Changhong Meiling Co's Beta too high?
Changhong Meiling Co's current Beta is 0.6677. Overall, Changhong Meiling Co has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Changhong Meiling Co's Beta compare to SN and SGI?
Changhong Meiling Co's Beta of 0.6677 can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Beta depends on the Furnishings, Fixtures & Appliances 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 Changhong Meiling Co and its competitors. Changhong Meiling Co's current Beta is 0.6677. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changhong Meiling Co stock overvalued right now?
Based on GuruFocus' analysis, Changhong Meiling Co (SZSE:200521) is currently considered Possible Value Trap. The stock's GF Value™ is HK$5.49, compared to a current price of HK$2.30 — trading 58.1% below its estimated fair value. The current Beta is 0.6677. Changhong Meiling Co's overall GF Score™ is 63/100 with 8 warning signs 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 Changhong Meiling Co (SZSE:200521), the current Beta is 0.6677 as of Aug. 06, 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 Changhong Meiling Co (SZSE:200521) Overvalued in 2026?
Based on GuruFocus' analysis, Changhong Meiling Co stock appears to be undervalued.
The current stock price of HK$2.30 is trading 58.1% below its estimated GF Value™ of HK$5.49.
GuruFocus considers Changhong Meiling Co to be Possible Value Trap.
Key valuation signals for SZSE:200521:
Beta: 0.6677
GF Value™: HK$5.49 vs. price of HK$2.30 (58.1% below fair value)
No single metric tells the full story. See the SZSE:200521 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Changhong Meiling Co Ltd is engaged in the research and development, manufacturing and sales of refrigerators, which covers the manufacturing and sales of various household refrigerators and accessories, as well as the sales and services of other household appliances.
63GF Score
Get the complete analysis for SZSE:200521
Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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