Kingnet Network Co (SZSE:002517) GF Value Rank : 7 (As of May. 31, 2024)

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What is Kingnet Network Co GF Value Rank?

Kingnet Network Co has the GF Value Rank of 7.

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 Kingnet Network Co's GF Value Rank

For the Electronic Gaming & Multimedia subindustry, Kingnet Network 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.

Kingnet Network Co's GF Value Rank Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Kingnet Network Co's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Kingnet Network Co's GF Value Rank falls into.

Kingnet Network Co GF Value Rank Related Terms

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Kingnet Network Co (SZSE:002517) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Kingnet Network Co Ltd (SZSE:002517) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2388, Chenhang Highway, Building 3, Pujiang High-tech Plaza, Minhang District, Shanghai, CHN, 201114

Website

https://www.kingnet.com

Kingnet Network Co Ltd is a Chinese-based online game company. The company's main business covers research and development as well as the operation and publishing of quality entertainment content, including mobile games, web games, and PC games. It also engages in the operation of web game platforms and mobile app distribution platforms.

Executives

Jin Feng	Director
Qian Jun Fa	Directors, executives
Lin Bin	Executives
Tang Yue	Executives
Shen Jun	Directors, executives
Zhao Fan	Directors, executives
Huang Zhen Feng	Executives
Liu Hong Lin	Secretary Dong
Shen Liang	Directors, executives
Chen Yong Cong	Directors, executives
Fan Bo	Executives
Qin Wei	Supervisors
Ning Bing Yang	Executives
Wang Yue	Directors, executives
Feng Xian Chao	Directors, executives

Kingnet Network Co (SZSE:002517) Headlines

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