Yong Choi - WooriNet Assistant Managing Director

115440 Stock  KRW 6,890  10.00  0.14%   

Managing Director

Choi Yong Jin is Assistant Managing Director of WooriNet Co., Ltd. Choi was previously Assistant Managing Director of DAYOU DMC Co., Ltd. Choi also worked for Samsung Electronics Co., Ltd. and another Koreabased company Choi holds an Associate degree in Facilities Engineering from a Koreabased college.
Age 46
Phone82 3 1276 5101
Webhttps://www.woori-net.com

WooriNet Management Efficiency

The company has return on total asset (ROA) of (0.0172) % which means that it has lost $0.0172 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (5.7817) %, meaning that it generated substantial loss on money invested by shareholders. WooriNet's management efficiency ratios could be used to measure how well WooriNet manages its routine affairs as well as how well it operates its assets and liabilities.
WooriNet has accumulated 49.01 M in total debt with debt to equity ratio (D/E) of 0.36, which is about average as compared to similar companies. WooriNet has a current ratio of 4.27, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist WooriNet until it has trouble settling it off, either with new capital or with free cash flow. So, WooriNet'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 WooriNet sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for WooriNet to invest in growth at high rates of return. When we think about WooriNet's use of debt, we should always consider it together with cash and equity.

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WooriNet, Inc. designs, manufactures, and supplies fiber optics transmission and wireline access network systems to telecommunications service providers in South Korea. The company was founded in 2000 and is based in Anyang, South Korea. WooriNet is traded on Korean Securities Dealers Automated Quotations in South Korea. WooriNet (115440) is traded on KOSDAQ in Korea and employs 157 people.

Management Performance

WooriNet Leadership Team

Elected by the shareholders, the WooriNet's board of directors comprises two types of representatives: WooriNet inside directors who are chosen from within the company, and outside directors, selected externally and held independent of WooriNet. The board's role is to monitor WooriNet's management team and ensure that shareholders' interests are well served. WooriNet'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, WooriNet's outside directors are responsible for providing unbiased perspectives on the board's policies.
HyoGeun An, VP
HyunKook Jang, Chief Officer
Hyo Ahn, Vice President
SunMan Kim, Managing Director
Yong Nah, Chief Technology Officer, Vice President
Gwang Kim, Co-Chief Executive Officer, Director
Hwi Cho, Non-Executive Independent Director
Ui Yoo, Co-Chief Executive Officer, Director
Do Kim, Assistant Managing Director
Yong Choi, Assistant Managing Director
Jun Hahm, Non-Executive Independent Director
WoonHyun Hwang, Managing Director
Wun Hwang, Assistant Managing Director
Hui Song, Internal Auditor
Seon Kim, Assistant Managing Director
YongJin Choi, Managing Director

WooriNet 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 WooriNet 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 WooriNet

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

Moving together with WooriNet Stock

  0.62178320 Seojin System CoLtd SplitPairCorr

Moving against WooriNet Stock

  0.36078070 Ubiquoss HoldingsPairCorr
The ability to find closely correlated positions to WooriNet could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace WooriNet 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 WooriNet - 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 WooriNet to buy it.
The correlation of WooriNet 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 WooriNet moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if WooriNet 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 WooriNet 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 WooriNet Stock

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