Shandong International Trust Co (HKSE:01697) GF Value Rank : 0 (As of Jun. 09, 2024)

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What is Shandong International Trust Co GF Value Rank?

Shandong International Trust Co 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.

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Shandong International Trust Co (HKSE:01697) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Shandong International Trust Co Ltd (HKSE:01697) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

166 Jiefang Road, Lixia District, Shandong Province, Jinan, CHN, 250013

Website

http://www.sitic.com.cn

Shandong International Trust Co Ltd provides financial and wealth management services. The company's business includes capital trust, asset trust, investment bank, asset management and securities investment funds. It has two business lines that are trust business and proprietary business. Shandong has developed a broad range of trust products to meet the financing, investment, wealth management and succession needs of their various types of clients.

Executives

Qing Dao Quan Qiu Cai Fu Zhong Xin Kai Fa Jian She You Xian Gong Si	2101 Beneficial owner
Qing Dao Shi Lao Shan Qu Cai Zheng Ju	2201 Interest of corporation controlled by you
Zhang Xin Ji Jin Guan Li You Xian Ze Ren Gong Si	2301 Trustee
Ji Nan Shi Ren Min Zheng Fu Guo You Zi Chan Jian Du Guan Li Wei Yuan Hui	2201 Interest of corporation controlled by you
Ji Nan Jin Rong Kong Gu Ji Tuan You Xian Gong Si	2101 Beneficial owner
China Create Capital Limited	2101 Beneficial owner
Hwabao Trust Co., Ltd	2301 Trustee
Shan Dong Fa Zhan Tou Zi Kong Gu Ji Tuan You Xian Gong Si

Shandong International Trust Co (HKSE:01697) Headlines

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