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Hsin Kuang Steel Co (TPE:2031) GF Score : 82/100 (As of Jun. 01, 2024)


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What is Hsin Kuang Steel Co GF Score?

Hsin Kuang Steel Co has the GF Score of 82, which implies that the company might have Good outperformance potential.

The GF Score is a stock performance ranking system developed by GuruFocus using five aspects of valuation, which has been found to be closely correlated to the long-term performances of stocks by backtesting from 2006 to 2021. The stocks with a higher GF Score generally generate higher returns than those with lower GF Scores. Therefore, when picking stocks, investors should invest in companies with high GF Scores. The GF Score ranges from 0 to 100, with 100 as the highest rank.

GF Score takes following five key aspects into consideration:

1. Financial Strength : 3/10
2. Profitability Rank : 7/10
3. Growth Rank : 7/10
4. GF Value Rank : 9/10
5. Momentum Rank : 10/10

Each one of these components is ranked and the ranks also have positive correlation with the long term performances of stocks. The GF score is calculated using the five key aspects of analysis. Through backtesting, we know that each of these key aspects has a different impact on the stock price performance. Thus, they are weighted differently when calculating the total score. The Profitability Rank and the Growth Rank are weighted fully, while other parameters have less weight.

Based on research and backtesting result, GuruFocus believes Hsin Kuang Steel Co might have Good outperformance potential.

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


Competitive Comparison of Hsin Kuang Steel Co's GF Score

For the Steel subindustry, Hsin Kuang Steel Co's GF Score, along with its competitors' market caps and GF Score 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.


Hsin Kuang Steel Co's GF Score Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Hsin Kuang Steel Co's GF Score distribution charts can be found below:

* The bar in red indicates where Hsin Kuang Steel Co's GF Score falls into.



Hsin Kuang Steel Co  (TPE:2031) GF Score Explanation

Based on the historical long-term performances among five valuation aspects, the GF Score is found to be closely correlated to the long-term performances of stocks. It ranges from 0 to 100, with 100 as the highest. GuruFocus divided GF Score into following 5 categories:

GF Score Performance Potential and All-in-One Screener Examples (1)
91 - 100Highest outperformance potential
81 - 90Good outperformance potential
71 - 80Likely to have average performance
51 - 70Poor future performance potential
0 - 50Worst future performance potential, or not enough data

(1) These are some simple examples. You can access our GF Score filter under All-in-One Screener’s Fundamental tab.


Hsin Kuang Steel Co GF Score Related Terms

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Hsin Kuang Steel Co (TPE:2031) Business Description

Traded in Other Exchanges
N/A
Address
25th Floor, 97 Chongming Road, Section 4, Sanchong District, New Taipei City, TWN
Hsin Kuang Steel Co Ltd manufactures and sells steel products. The business activities of the group include cutting, stamping, and sale of steel products, including steel coils, steel plates, stainless steel, alloy steel and special steel. Geographically, the business activities are carried out across Taiwan.

Hsin Kuang Steel Co (TPE:2031) Headlines

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