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Ningbo GQY Video & Telecom JSC (SZSE:300076) Beta : 1.39 (As of Jun. 21, 2025)


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What is Ningbo GQY Video & Telecom JSC Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2025-06-21), Ningbo GQY Video & Telecom JSC's Beta is 1.39.


Ningbo GQY Video & Telecom JSC Beta Historical Data

The historical data trend for Ningbo GQY Video & Telecom JSC'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.

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Ningbo GQY Video & Telecom JSC Beta Chart

Ningbo GQY Video & Telecom JSC Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 0.89 0.93 1.00 1.48

Ningbo GQY Video & Telecom JSC Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.15 1.16 1.51 1.48 1.54

Competitive Comparison of Ningbo GQY Video & Telecom JSC's Beta

For the Electrical Equipment & Parts subindustry, Ningbo GQY Video & Telecom JSC'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.


Ningbo GQY Video & Telecom JSC's Beta Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ningbo GQY Video & Telecom JSC's Beta distribution charts can be found below:

* The bar in red indicates where Ningbo GQY Video & Telecom JSC's Beta falls into.


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Ningbo GQY Video & Telecom JSC 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.


Ningbo GQY Video & Telecom JSC  (SZSE:300076) 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)


Ningbo GQY Video & Telecom JSC Beta Related Terms

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Ningbo GQY Video & Telecom JSC Business Description

Traded in Other Exchanges
N/A
Address
No. 131, Binhai 4th Road, Hangzhou Bay New District, Ningbo City, CHN, 201206
Ningbo GQY Video & Telecom JSC Ltd operates as AR professional video and intelligent service robots. The solutions offered by the company include visual display, 3D stereoscopic display, and PGIS information system.
Executives
Chen Yun Hua Directors, executives
Mao Xue Qin Director
Sun Shu Min Supervisors
Guo Qi Yin Directors, executives
Yuan Xiang Yang Director
Shen Jun Supervisors
Lu Ya Supervisors

Ningbo GQY Video & Telecom JSC Headlines

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