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Ruihe Data Technology Holdings (HKSE:03680) GF Value Rank : 0 (As of May. 26, 2024)


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What is Ruihe Data Technology Holdings GF Value Rank?

Ruihe Data Technology Holdings has the GF Value Rank of 0.

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.


Ruihe Data Technology Holdings GF Value Rank Related Terms

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Ruihe Data Technology Holdings (HKSE:03680) Business Description

Traded in Other Exchanges
N/A
Address
Cangqian Street, Room 4101, 41st Floor, Building 2, Euro-American Financial City, Yuhang District, Zhejiang Province, Hangzhou, CHN
Ruihe Data Technology Holdings Ltd formerly Suoxinda Holdings Ltd is engaged in the provision of data solutions, sales of hardware and software, and related services as an integrated service, as well as information technology maintenance and support services. It derives maximum revenue from Data solutions.
Executives
Xue Shouguang 2201 Interest of corporation controlled by you
Mindas Touch Global Limited 2101 Beneficial owner
Shen Zhen Shi Gao Sheng Da Lv You Qi Che Fu Wu You Xian Gong Si 2101 Beneficial owner
Wang Donglin 2201 Interest of corporation controlled by you
Treasure Tree Asia Holdings Co. Ltd 2101 Beneficial owner
Chen Weiping 2202 Interest of your spouse
Wu Xinlan 2202 Interest of your spouse
Chen Zhenping 2101 Beneficial owner
Wang Donglin 2101 Beneficial owner
Ideal Treasure Holdings Limited 2101 Beneficial owner
Wu Xiaohua 2201 Interest of corporation controlled by you
Chi Xianfang 2202 Interest of your spouse
Huatai Securities Co., Ltd. 2201 Interest of corporation controlled by you
Song Hongtao 2101 Beneficial owner
Benefit Ocean Holdings Limited 2101 Beneficial owner

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