Shenzhen Jasic Technology Co (SZSE:300193) GF Value Rank : 6 (As of May. 28, 2024)

View and export this data going back to 2011. Start your Free Trial

What is Shenzhen Jasic Technology Co GF Value Rank?

Shenzhen Jasic Technology 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 Shenzhen Jasic Technology Co's GF Value Rank

For the Tools & Accessories subindustry, Shenzhen Jasic 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.

Shenzhen Jasic Technology Co's GF Value Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shenzhen Jasic Technology Co's GF Value Rank distribution charts can be found below:

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

Shenzhen Jasic Technology Co GF Value Rank Related Terms

Thank you for viewing the detailed overview of Shenzhen Jasic Technology Co's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Shenzhen Jasic Technology Co (SZSE:300193) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shenzhen Jasic Technology Co Ltd (SZSE:300193) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

4F, C2 Building, Hengfeng Industrial Park, Zhoushi Road Hezhou, Shenzhen, Guangdong, CHN

Website

http://www.jasic.com.cn

Shenzhen Jasic Technology Co Ltd is a manufacturer of inverter welding machines in China. It offers a range of products that include manual arc welding (MMA), argon-arc welding (TIG), argon-arc welding with pulse mode (TIG P), Argon-arc welding with direct and alternating current (TIG AC / DC), semi-automatic welding (MIG / MAG), Air-plasma cutting (CUT), and Automatic submerged arc welding (SAW).

Executives

Pan Lei	Directors, executives
Zhang Zhi Ying	Supervisors
Luo Wei Hong	Directors, executives
Xia Ru Yi	Directors, executives
Luo Huai Hua	Supervisors
Li Rui	Directors, executives
Ma Dan Hua	Securities Affairs Representative
Wang Ying	Directors, executives
Xu Ai Ping	Director
	Directors, executives
Chen Chun Lin	Supervisors

Shenzhen Jasic Technology Co (SZSE:300193) Headlines

No Headlines