Mingde Shi - Formosan Rubber Head of Accounting

2107 Stock  TWD 25.50  0.10  0.39%   

Executive

Mingde Shi is Head of Accounting of Formosan Rubber Group since 2010.
Tenure 14 years
Phone886 2 2370 0988
Webhttps://www.frg.com.tw

Formosan Rubber Management Efficiency

The company has return on total asset (ROA) of 0.0226 % which means that it generated a profit of $0.0226 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0773 %, meaning that it generated $0.0773 on every $100 dollars invested by stockholders. Formosan Rubber's management efficiency ratios could be used to measure how well Formosan Rubber manages its routine affairs as well as how well it operates its assets and liabilities.
Formosan Rubber Group has accumulated 2.02 B in total debt with debt to equity ratio (D/E) of 19.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Formosan Rubber Group has a current ratio of 3.39, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Formosan Rubber until it has trouble settling it off, either with new capital or with free cash flow. So, Formosan Rubber'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 Formosan Rubber Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Formosan to invest in growth at high rates of return. When we think about Formosan Rubber's use of debt, we should always consider it together with cash and equity.

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Formosan Rubber Group Inc. manufactures and sells plastic, rubber, and leather products. The company was founded in 1952 and is headquartered in Taoyuan, Taiwan. FORMOSAN RUBBER is traded on Taiwan Stock Exchange in Taiwan. Formosan Rubber Group (2107) is traded on Taiwan Stock Exchange in Taiwan and employs 17 people.

Management Performance

Formosan Rubber Group Leadership Team

Elected by the shareholders, the Formosan Rubber's board of directors comprises two types of representatives: Formosan Rubber inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Formosan. The board's role is to monitor Formosan Rubber's management team and ensure that shareholders' interests are well served. Formosan Rubber'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, Formosan Rubber's outside directors are responsible for providing unbiased perspectives on the board's policies.
ZhenJi Hsu, Pres Director
Mingde Shi, Head of Accounting
Cheng Hsu, Chief Chairman
ShiZhe Lin, Chief Officer
ZhenXin Hsu, Special Director

Formosan 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 Formosan Rubber 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.

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Additional Tools for Formosan Stock Analysis

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