| 060370 Stock | | | KRW 14,210 2,480 21.14% |
Director
Yim Tae Seong was Director of KT Submarine Co. Ltd. since March 31 2010. Yim currently also serves as Head of Network Service Department at KT CORPORATION. Yim holds a Master degree in Information Sciences from ChungNam National University Korea. since 2010.
| Age | 54 |
| Tenure | 14 years |
| Web | https://www.ktsubmarine.co.kr |
KT Submarine Management Efficiency
The company has return on total asset
(ROA) of
0.0681 % which means that it generated a profit of $0.0681 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
(2.7365) %, meaning that it generated substantial loss on money invested by shareholders. KT Submarine's management efficiency ratios could be used to measure how well KT Submarine manages its routine affairs as well as how well it operates its assets and liabilities.
KT Submarine Co has accumulated 33.53
M in total debt with debt to equity ratio
(D/E) of 0.03, which may suggest the company is not taking enough advantage from borrowing. KT Submarine has a current ratio of 2.06, suggesting that it is
liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist KT Submarine until it has trouble settling it off, either with new capital or with free cash flow. So, KT Submarine'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 KT Submarine sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for 060370 to invest in growth at high rates of return. When we think about KT Submarine's use of debt, we should always consider it together with cash and equity.
KT Submarine Co., Ltd. engages in the construction of submarine cables and offshore plants in South Korea. The company was founded in 1995 and is headquartered in Busan, South Korea. KT Submarine is traded on Korean Securities Dealers Automated Quotations in South Korea. KT Submarine Co (060370) is traded on KOSDAQ in Korea and employs 69 people.
Management Performance
KT Submarine Leadership Team
Elected by the shareholders, the KT Submarine's board of directors comprises two types of representatives: KT Submarine inside directors who are chosen from within the company, and outside directors, selected externally and held independent of 060370. The board's role is to monitor KT Submarine's management team and ensure that shareholders' interests are well served. KT Submarine'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, KT Submarine's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Yun Lee, Director | |
| Gi Lee, Non-Executive Independent Director | |
| Jeong Moon, Director | |
| TaeHong Lee, Managing Director | |
| Dong Lee, Non-Executive Independent Director | |
| Jae Jung, Director | |
| Tae Yim, Director | |
| Mun Kang, Non-Executive Independent Director | |
| Hyeong Kim, Chief Executive Officer, Director | |
| ChaHyun Yoon, Chief Pres | |
060370 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 KT Submarine 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 KT Submarine
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 KT Submarine 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 KT Submarine will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to KT Submarine could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace KT Submarine 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 KT Submarine - 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 KT Submarine Co to buy it.
The correlation of KT Submarine 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 KT Submarine moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if KT Submarine 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 KT Submarine 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.
Other Information on Investing in 060370 Stock
KT Submarine financial ratios help investors to determine whether 060370 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 060370 with respect to the benefits of owning KT Submarine security.