Zhejiang Yankon Group Co (SHSE:600261) GF Value Rank : 6 (As of Sep. 26, 2024)

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What is Zhejiang Yankon Group Co GF Value Rank?

Zhejiang Yankon Group Co has the GF Value Rank of 6.

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 Zhejiang Yankon Group Co's GF Value Rank

For the Electrical Equipment & Parts subindustry, Zhejiang Yankon Group Co'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.

Zhejiang Yankon Group Co's GF Value Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Yankon Group Co's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Zhejiang Yankon Group Co's GF Value Rank falls into.

Zhejiang Yankon Group Co GF Value Rank Related Terms

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Zhejiang Yankon Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhejiang Yankon Group Co Ltd (SHSE:600261) » Definitions » GF Value Rank

Traded in Other Exchanges

N/A

Address

No. 568, Cao'e Street, West Section of Renmin Avenue, Shangyu District, Zhejiang province, Shangyu, CHN, 312300

Website

http://www.yankon.com

Zhejiang Yankon Group Co Ltd is engaged in the development, manufacture, and distribution of lighting appliances. It generally offers intelligent lighting, home lighting, commercial and outdoor lighting. Geographically the activities are carried out through China.

Executives

	senior management
Zhang Long	senior management
Li Yang	Director
Wu Guo Ming	Directors, senior managers
Yu Guang Ming	Supervisors
Zhou Ya Mei	senior management
Tao Chun Lei	Supervisors
Zhao Fang Hua	Directors, senior managers
Guan Yong	Directors, senior managers
Hua Tian Wen	Supervisors
Zhao Wei Feng	senior management
Wu Wen Hai	senior management
Sun Hui Gang	senior management
Zhang Jian Zhong	senior management
Chen Yi Ping	senior management

Zhejiang Yankon Group Co Headlines

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