Hebei Yichen Industrial Group (HKSE:01596) GF Value Rank : 9 (As of Dec. 14, 2024)

View and export this data going back to 2016. Start your Free Trial

What is Hebei Yichen Industrial Group GF Value Rank?

Hebei Yichen Industrial Group has the GF Value Rank of 9.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Hebei Yichen Industrial Group's GF Value Rank

For the Railroads subindustry, Hebei Yichen Industrial Group's GF Value Rank, along with its competitors' market caps and GF Value Rank 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.

Hebei Yichen Industrial Group's GF Value Rank Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hebei Yichen Industrial Group's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Hebei Yichen Industrial Group's GF Value Rank falls into.

Hebei Yichen Industrial Group GF Value Rank Related Terms

Thank you for viewing the detailed overview of Hebei Yichen Industrial Group's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Hebei Yichen Industrial Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Hebei Yichen Industrial Group Corp Ltd (HKSE:01596) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

HE2:Germany

Address

No. 1 Yichen North Street, Gaocheng District, Hebei Province, Shijiazhuang, CHN

Website

https://www.hbyc.com.cn

Hebei Yichen Industrial Group Corp Ltd is one of the rail fastening system providers in the PRC, with the business focusing on three business segments namely Rail Fastening System Products; Welding Wire Products; and Railway Sleeper Products. Its maximum revenue is generated by the Rail fastening system segment. Some of its products include the Spring bar type IV fastener system; the WJ-7 type fastener system; the DT-VI2 fastener system; the Double-layer nonlinear shock-absorbing fastener system; the Spring bar II type fastener system and others.

Executives

Brainstorming Cafe Limited	2201 Interest of corporation controlled by you
Flowing Cloud Technology Ltd	2101 Beneficial owner
Lyh. Ltd.	2201 Interest of corporation controlled by you
Wanglei Co., Ltd.	2201 Interest of corporation controlled by you
Cyber Warrior Holdings Limited	2201 Interest of corporation controlled by you
Vistra Trust (singapore) Pte. Limited	2201 Interest of corporation controlled by you
Wang Lei	2201 Interest of corporation controlled by you
Feng Da Sha	2202 Interest of your spouse
Zhang Zi Mo	2202 Interest of your spouse
Li Yan Hao	2201 Interest of corporation controlled by you
Guo Zhong Yan	2101 Beneficial owner
Sino Wealthy Limited	2101 Beneficial owner

Hebei Yichen Industrial Group Headlines

No Headlines