Jiangsu Cnano Technology Co (SHSE:688116) GF Value Rank : 2 (As of Jun. 23, 2024)

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What is Jiangsu Cnano Technology Co GF Value Rank?

Jiangsu Cnano Technology Co has the GF Value Rank of 2.

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 Jiangsu Cnano Technology Co's GF Value Rank

For the Electronic Components subindustry, Jiangsu Cnano Technology 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.

Jiangsu Cnano Technology Co's GF Value Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Jiangsu Cnano Technology Co's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Jiangsu Cnano Technology Co's GF Value Rank falls into.

Jiangsu Cnano Technology Co GF Value Rank Related Terms

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Jiangsu Cnano Technology Co (SHSE:688116) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Jiangsu Cnano Technology Co Ltd (SHSE:688116) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 113, Qinglongshan Road, Zhenjiang New District, cccProvince, Zhenjiang, CHN, 212000

Website

http://www.cnanotechnology.com

Jiangsu Cnano Technology Co Ltd is engaged in the manufacturing, research and development and commercialization of multi-wall carbon nanotubes products for the energy storage, especially lithium-ion battery paste.

Executives

Lin Wei Guo	Core technical personnel
Yue Bang Xian	Senior management, core technical personnel
Cai Yong Lve	Directors, senior managers
Ye Ya Wen	senior management
Yan Yan	Directors, senior managers
Zheng Tao	Directors, senior managers, core technical personn
Zhang Mei Jie	Directors, senior managers, core technical personn
Cai Wei Zheng	Core technical personnel
Zhou Yan	Supervisors
Lan Yin	Supervisors
Guo Wei Xing	Core technical personnel
Wei Zhao Jie	Core technical personnel
Xie Bao Dong	Core technical personnel
Cai Zong Yan	Core technical personnel
Sun Min	Supervisors

Jiangsu Cnano Technology Co (SHSE:688116) Headlines

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