Chuitang Zhang - Kingstate Electronics Director

3206 Stock  TWD 42.00  0.10  0.24%   

Director

Zhang Chuitang is Director of Kingstate Electronics Corporationration Zhang currently also serves as Chairman of the Board in another company.
Phone886 2 2809 5651
Webhttps://www.kingstate.com.tw

Kingstate Electronics Management Efficiency

The company has return on total asset (ROA) of 0.0475 % which means that it generated a profit of $0.0475 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1771 %, meaning that it generated $0.1771 on every $100 dollars invested by stockholders. Kingstate Electronics' management efficiency ratios could be used to measure how well Kingstate Electronics manages its routine affairs as well as how well it operates its assets and liabilities.
Kingstate Electronics has accumulated 11.74 M in total debt with debt to equity ratio (D/E) of 0.28, which may suggest the company is not taking enough advantage from borrowing. Kingstate Electronics has a current ratio of 1.43, which is within standard range for the sector. Debt can assist Kingstate Electronics until it has trouble settling it off, either with new capital or with free cash flow. So, Kingstate Electronics' 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 Kingstate Electronics sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Kingstate to invest in growth at high rates of return. When we think about Kingstate Electronics' use of debt, we should always consider it together with cash and equity.

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Kingstate Electronics Corp. manufactures and sells acoustic products in Taiwan and internationally. Kingstate Electronics Corp. was founded in 1977 and is headquartered in New Taipei City, Taiwan. KINGSTATE ELECTRONICS operates under Electronic Components classification in Taiwan and is traded on Taiwan OTC Exchange. Kingstate Electronics (3206) is traded on Taiwan OTC Exchange in Taiwan and employs 12 people.

Management Performance

Kingstate Electronics Leadership Team

Elected by the shareholders, the Kingstate Electronics' board of directors comprises two types of representatives: Kingstate Electronics inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Kingstate. The board's role is to monitor Kingstate Electronics' management team and ensure that shareholders' interests are well served. Kingstate Electronics' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Kingstate Electronics' outside directors are responsible for providing unbiased perspectives on the board's policies.
Yantang Zhang, Chairman of the Board, General Manager
Mingzhong You, Independent Director
Chuitang Zhang, Director
Chengyan Xu, Director
Fangyu Ye, Deputy General Manager
Fangju Xie, Independent Director
Jiayou Li, Director
Zongping Xu, Director
Feishi Fang, Director
Penghuang Peng, Director
Jianguo Wei, Deputy General Manager

Kingstate 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 Kingstate Electronics 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 Kingstate Electronics

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

Moving together with Kingstate Stock

  0.772327 Yageo CorpPairCorr

Moving against Kingstate Stock

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  0.440050 YuantaP shares TaiwanPairCorr
  0.420057 Fubon MSCI TaiwanPairCorr
  0.350053 YuantaP shares TaiwanPairCorr
The ability to find closely correlated positions to Kingstate Electronics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kingstate Electronics 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 Kingstate Electronics - 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 Kingstate Electronics to buy it.
The correlation of Kingstate Electronics 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 Kingstate Electronics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kingstate Electronics 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 Kingstate Electronics 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

Additional Tools for Kingstate Stock Analysis

When running Kingstate Electronics' price analysis, check to measure Kingstate Electronics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kingstate Electronics is operating at the current time. Most of Kingstate Electronics' value examination focuses on studying past and present price action to predict the probability of Kingstate Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kingstate Electronics' price. Additionally, you may evaluate how the addition of Kingstate Electronics to your portfolios can decrease your overall portfolio volatility.