SeokYong Shin - NewFlex Technology Exec

085670 Stock  KRW 4,790  165.00  3.57%   

Insider

SeokYong Shin is Exec of NewFlex Technology Co
Phone82 3 1494 9325
Webhttps://www.newflex.co.kr

NewFlex Technology Management Efficiency

The company has return on total asset (ROA) of (0.0147) % which means that it has lost $0.0147 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 32.9431 %, meaning that it generated $32.9431 on every $100 dollars invested by stockholders. NewFlex Technology's management efficiency ratios could be used to measure how well NewFlex Technology manages its routine affairs as well as how well it operates its assets and liabilities.
NewFlex Technology Co has accumulated 6.59 B in total debt with debt to equity ratio (D/E) of 1.23, which is about average as compared to similar companies. NewFlex Technology has a current ratio of 1.09, suggesting that it is in a questionable position to pay out its financial obligations in time and when they become due. Debt can assist NewFlex Technology until it has trouble settling it off, either with new capital or with free cash flow. So, NewFlex 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 NewFlex Technology sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NewFlex to invest in growth at high rates of return. When we think about NewFlex Technology's use of debt, we should always consider it together with cash and equity.
NewFlex Technology Co., Ltd. manufactures and sells flexible printed circuit boards in South Korea. NewFlex Technology Co (085670) is traded on KOSDAQ in Korea and employs 241 people.

Management Performance

NewFlex Technology Leadership Team

Elected by the shareholders, the NewFlex Technology's board of directors comprises two types of representatives: NewFlex Technology inside directors who are chosen from within the company, and outside directors, selected externally and held independent of NewFlex. The board's role is to monitor NewFlex Technology's management team and ensure that shareholders' interests are well served. NewFlex 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, NewFlex Technology's outside directors are responsible for providing unbiased perspectives on the board's policies.
KyungSoon Cha, Chief Director
YongHo Lim, Exec
Lee SeWon, VicePres
SeokYong Shin, Exec
ChanKyu Hwang, Managing Director
YongHo Eom, Managing Director
WooHyun Lim, Chief Officer
MyungHee Hwang, Chief Office
SeungWon Seo, Managing Director

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

Moving together with NewFlex Stock

  0.83032190 Daou Data CorpPairCorr
The ability to find closely correlated positions to NewFlex 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 NewFlex 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 NewFlex 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 NewFlex Technology Co to buy it.
The correlation of NewFlex 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 NewFlex Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NewFlex 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 NewFlex 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 NewFlex Stock

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