Wang Cho - RedcapTour Director

038390 Stock  KRW 9,050  20.00  0.22%   

Director

Cho Wang Je was Director of Redcap Tour Co., Ltd. since March 12, 2010. Cho is also working for Pantos Logistics CO., LTD as Head of Finance. Previously, Cho worked for LG Chem Ltd. Cho holds a Bachelor degree in Business Administration from Dankook University, Korea. since 2010.
Age 51
Tenure 14 years
Phone(82) 2 2001 4563
Webwww.ir.redcaptour.com

RedcapTour Management Efficiency

The company has return on total asset (ROA) of 0.0298 % which means that it generated a profit of $0.0298 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 10.0727 %, meaning that it generated $10.0727 on every $100 dollars invested by stockholders. RedcapTour's management efficiency ratios could be used to measure how well RedcapTour manages its routine affairs as well as how well it operates its assets and liabilities.
RedcapTour Co has accumulated 129.37 B in total debt with debt to equity ratio (D/E) of 1.51, which is about average as compared to similar companies. RedcapTour has a current ratio of 0.37, 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 RedcapTour until it has trouble settling it off, either with new capital or with free cash flow. So, RedcapTour'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 RedcapTour sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for RedcapTour to invest in growth at high rates of return. When we think about RedcapTour's use of debt, we should always consider it together with cash and equity.
RedcapTour Co., Ltd. engages in the car rental, travel, event, and hotel booking businesses in South Korea and internationally. The company was founded in 1977 and is headquartered in Seoul, South Korea. RedcapTour is traded on Korean Securities Dealers Automated Quotations in South Korea. RedcapTour Co (038390) is traded on KOSDAQ in Korea and employs 290 people.

Management Performance

RedcapTour Leadership Team

Elected by the shareholders, the RedcapTour's board of directors comprises two types of representatives: RedcapTour inside directors who are chosen from within the company, and outside directors, selected externally and held independent of RedcapTour. The board's role is to monitor RedcapTour's management team and ensure that shareholders' interests are well served. RedcapTour'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, RedcapTour's outside directors are responsible for providing unbiased perspectives on the board's policies.
YongHyuk Ju, Deputy Director
Yong Joo, Assistant Managing Director
Yu Yin, Chief Executive Officer, Director
Gyeong Jeon, Non-Executive Independent Director
Hyeong Kim, Non-Executive Independent Director
YoungSoo Pyo, Chief Director
Sang Shin, Non-Executive Independent Director
Wang Cho, Director

RedcapTour 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 RedcapTour 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 RedcapTour

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 RedcapTour 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 RedcapTour will appreciate offsetting losses from the drop in the long position's value.

Moving against RedcapTour Stock

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The ability to find closely correlated positions to RedcapTour could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace RedcapTour 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 RedcapTour - 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 RedcapTour Co to buy it.
The correlation of RedcapTour 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 RedcapTour moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if RedcapTour 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 RedcapTour 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 RedcapTour Stock

RedcapTour financial ratios help investors to determine whether RedcapTour 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 RedcapTour with respect to the benefits of owning RedcapTour security.