SungJin Lee - Woori Technology Exec

032820 Stock  KRW 2,390  15.00  0.63%   

Executive

SungJin Lee is Exec of Woori Technology
Phone82 2 2102 5100
Webhttps://www.wooritg.com

Woori Technology Management Efficiency

Woori Technology's management efficiency ratios could be used to measure how well Woori Technology manages its routine affairs as well as how well it operates its assets and liabilities.
Woori Technology has accumulated 11.24 B in total debt with debt to equity ratio (D/E) of 153.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Woori Technology has a current ratio of 0.74, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Woori Technology until it has trouble settling it off, either with new capital or with free cash flow. So, Woori Technology's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Woori Technology sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Woori to invest in growth at high rates of return. When we think about Woori Technology's use of debt, we should always consider it together with cash and equity.
Woori Technology, Inc. manufactures switchboard and electricity automatic control panels. Woori Technology, Inc. was founded in 1993 and is headquartered in Seoul, South Korea. WooriTG is traded on Korean Securities Dealers Automated Quotations in South Korea. Woori Technology (032820) is traded on KOSDAQ in Korea and employs 109 people.

Management Performance

Woori Technology Leadership Team

Elected by the shareholders, the Woori Technology's board of directors comprises two types of representatives: Woori Technology inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Woori. The board's role is to monitor Woori Technology's management team and ensure that shareholders' interests are well served. Woori Technology's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Woori Technology's outside directors are responsible for providing unbiased perspectives on the board's policies.
GabSeon Rho, Chief Officer
GwangYeol Choi, Exec
GuDo Lee, Exec
DongSoo Jo, Exec
DaeYoung Jeon, Managing Director
HongCheol Kim, Exec
SangMin Seo, Managing Director
SungJin Lee, Exec
SangJin Han, Exec
WanJe Gil, Exec

Woori Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Woori Technology a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Woori Technology

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Woori Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Woori Technology will appreciate offsetting losses from the drop in the long position's value.

Moving against Woori Stock

  0.37078020 EBEST Investment SecPairCorr
The ability to find closely correlated positions to Woori Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Woori Technology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Woori Technology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Woori Technology to buy it.
The correlation of Woori Technology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Woori Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Woori Technology moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Woori Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Woori Stock

Woori Technology financial ratios help investors to determine whether Woori Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Woori with respect to the benefits of owning Woori Technology security.