SangChul Park - Daechang Steel Managing Director

140520 Stock  KRW 2,225  45.00  1.98%   

Managing Director

SangChul Park is Managing Director of Daechang Steel Co
Phone82 3 2816 7700
Webhttp://www.dcsteel.com

Daechang Steel Management Efficiency

Daechang Steel's management efficiency ratios could be used to measure how well Daechang Steel manages its routine affairs as well as how well it operates its assets and liabilities.
Daechang Steel Co has accumulated 100.43 M in total debt with debt to equity ratio (D/E) of 128.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Daechang Steel has a current ratio of 0.66, 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 Daechang Steel until it has trouble settling it off, either with new capital or with free cash flow. So, Daechang Steel'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 Daechang Steel sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Daechang to invest in growth at high rates of return. When we think about Daechang Steel's use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 9 records

MANAGING DIRECTOR Age

Seok ParkEcopro Co
48
Seong ChoEcopro Co
49
Ho KimEcopro Co
49
Byeong KimEcopro Co
50
NamSik ChoiLotte Chemical Corp
64
JooSeok AhnLotte Chemical Corp
68
YongJun JooDongkuk Steel Mill
56
Su KimEcopro Co
47
WonChan ChoiDongkuk Steel Mill
63
DaeChang Steel Co., Ltd. engages in the manufacture, processing, and sale of steel products in South Korea. DaeChang Steel Co., Ltd. was founded in 1980 and is headquartered in Incheon, South Korea. DaeChang Steel is traded on Korean Securities Dealers Automated Quotations in South Korea. Daechang Steel Co (140520) is traded on KOSDAQ in Korea and employs 79 people.

Management Performance

Daechang Steel Leadership Team

Elected by the shareholders, the Daechang Steel's board of directors comprises two types of representatives: Daechang Steel inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Daechang. The board's role is to monitor Daechang Steel's management team and ensure that shareholders' interests are well served. Daechang Steel'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, Daechang Steel's outside directors are responsible for providing unbiased perspectives on the board's policies.
SangChul Park, Managing Director
ChangBok Moon, Chief Officer

Daechang 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 Daechang Steel 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 Daechang Steel

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

Moving against Daechang Stock

  0.4373220 LG Energy SolutionPairCorr
  0.4105560 KB Financial GroupPairCorr
  0.38024110 Industrial BankPairCorr
  0.31001430 SeAH BesteePairCorr
The ability to find closely correlated positions to Daechang Steel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Daechang Steel 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 Daechang Steel - 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 Daechang Steel Co to buy it.
The correlation of Daechang Steel 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 Daechang Steel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Daechang Steel 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 Daechang Steel 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 Daechang Stock

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