SeokJoong Shin - Seojin Automotive Consultant Director
| 122690 Stock | KRW 1,981 49.00 2.41% |
Insider
SeokJoong Shin is Consultant Director of Seojin Automotive CoLtd
| Age | 63 |
| Phone | 82 3 1496 1500 |
| Web | https://www.secoclutch.com |
Seojin Automotive Management Efficiency
The company has return on total asset (ROA) of 0.0156 % which means that it generated a profit of $0.0156 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 8.4326 %, meaning that it generated $8.4326 on every $100 dollars invested by stockholders. Seojin Automotive's management efficiency ratios could be used to measure how well Seojin Automotive manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
,Ltd. produces, supplies, and sells automobile clutches and components. ,Ltd. was founded in 1966 and is based in Siheung, South Korea. SAC is traded on Korean Securities Dealers Automated Quotations in South Korea. Seojin Automotive CoLtd (122690) is traded on KOSDAQ in Korea and employs 242 people.Management Performance
| Return On Equity | 8.43 | |||
| Return On Asset | 0.0156 |
Seojin Automotive CoLtd Leadership Team
Elected by the shareholders, the Seojin Automotive's board of directors comprises two types of representatives: Seojin Automotive inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Seojin. The board's role is to monitor Seojin Automotive's management team and ensure that shareholders' interests are well served. Seojin Automotive'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, Seojin Automotive's outside directors are responsible for providing unbiased perspectives on the board's policies.
| SungCheol Kim, Consultant Director | ||
| NamChul Choi, Consultant Director | ||
| WookHee Nam, Chief Officer | ||
| SeokJoong Shin, Consultant Director |
Seojin 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 Seojin Automotive 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.
| Return On Equity | 8.43 | |||
| Return On Asset | 0.0156 | |||
| Profit Margin | (0) % | |||
| Operating Margin | 0.01 % | |||
| Current Valuation | 449.05 B | |||
| Shares Outstanding | 19.42 M | |||
| Shares Owned By Insiders | 63.96 % | |||
| Price To Earning | 40.53 X | |||
| Price To Sales | 0.03 X | |||
| Revenue | 1.76 T |
Pair Trading with Seojin Automotive
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 Seojin Automotive 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 Seojin Automotive will appreciate offsetting losses from the drop in the long position's value.Moving together with Seojin Stock
| 0.72 | 005930 | Samsung Electronics | PairCorr |
| 0.68 | 005935 | Samsung Electronics | PairCorr |
| 0.74 | 005380 | Hyundai Motor | PairCorr |
Moving against Seojin Stock
The ability to find closely correlated positions to Seojin Automotive could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Seojin Automotive 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 Seojin Automotive - 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 Seojin Automotive CoLtd to buy it.
The correlation of Seojin Automotive 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 Seojin Automotive moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Seojin Automotive CoLtd 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 Seojin Automotive 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 Seojin Stock
Seojin Automotive financial ratios help investors to determine whether Seojin 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 Seojin with respect to the benefits of owning Seojin Automotive security.