Byeong Cho - Microfriend Chief Executive Officer, Director

147760 Stock  KRW 3,285  60.00  1.86%   

CEO

Byeong Cho is Chief Executive Officer, Director of Microfriend
Age 57
Phone82 2 944 6400
Webhttp://www.microfriend.co.kr

Microfriend Management Efficiency

The company has return on total asset (ROA) of 0.0686 % which means that it generated a profit of $0.0686 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (1.8388) %, meaning that it generated substantial loss on money invested by shareholders. Microfriend's management efficiency ratios could be used to measure how well Microfriend manages its routine affairs as well as how well it operates its assets and liabilities.
Microfriend has accumulated 169.95 M in total debt with debt to equity ratio (D/E) of 0.1, which may suggest the company is not taking enough advantage from borrowing. Microfriend has a current ratio of 2.38, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Microfriend until it has trouble settling it off, either with new capital or with free cash flow. So, Microfriend'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 Microfriend sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Microfriend to invest in growth at high rates of return. When we think about Microfriend's use of debt, we should always consider it together with cash and equity.

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Microfriend Inc. produces and sells semiconductor inspection equipment in Korea and internationally. Microfriend Inc. was founded in 2004 and is based in Seoul, South Korea. Micro Friend is traded on Korean Securities Dealers Automated Quotations in South Korea. Microfriend (147760) is traded on KOSDAQ in Korea and employs 11 people.

Management Performance

Microfriend Leadership Team

Elected by the shareholders, the Microfriend's board of directors comprises two types of representatives: Microfriend inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Microfriend. The board's role is to monitor Microfriend's management team and ensure that shareholders' interests are well served. Microfriend'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, Microfriend's outside directors are responsible for providing unbiased perspectives on the board's policies.
Seong Kang, Assistant Managing Director
Yong Cho, Managing Director
Chang Han, Assistant Managing Director
Cheol Hwang, Internal Auditor
Jeong Nam, Director
Dong Yim, Director
Byeong Cho, Chief Executive Officer, Director
Yong Bae, Assistant Managing Director
Gwang Yang, Director
ByungHo Jo, Chief Officer
Gang Lee, Assistant Managing Director

Microfriend 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 Microfriend 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 Microfriend

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 Microfriend 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 Microfriend will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Microfriend could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Microfriend 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 Microfriend - 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 Microfriend to buy it.
The correlation of Microfriend 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 Microfriend moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Microfriend 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 Microfriend 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 Microfriend Stock

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