Yitong Shen - Mildef Crete Chairman of the Board, General Manager
| 3213 Stock | TWD 98.20 1.30 1.31% |
Chairman
Shen Yitong was Chairman of the Board and General Manager of MilDef Crete Inc. since July 21, 2000. Shen also serves as Director of another company, where Shen served as Chairman of the Board. since 2000.
| Tenure | 25 years |
| Phone | 886 2 2662 6074 |
| Web | https://www.mildef.com.tw |
Mildef Crete Management Efficiency
The company has return on total asset (ROA) of 0.0434 % which means that it generated a profit of $0.0434 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.077 %, meaning that it generated $0.077 on every $100 dollars invested by stockholders. Mildef Crete's management efficiency ratios could be used to measure how well Mildef Crete manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
| Found 1 records | CHAIRMAN Age | ||
| LianBin Liao | Ibase Gaming | N/A | |
Management Performance
| Return On Equity | 0.077 | |||
| Return On Asset | 0.0434 |
Mildef Crete Management Team
Elected by the shareholders, the Mildef Crete's board of directors comprises two types of representatives: Mildef Crete inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Mildef. The board's role is to monitor Mildef Crete's management team and ensure that shareholders' interests are well served. Mildef Crete'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, Mildef Crete's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Yaping Liu, Finance Manager | ||
| Yitong Shen, Chairman of the Board, General Manager | ||
| YongXiang Zhou, Ex VP |
Mildef 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 Mildef Crete 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 | 0.077 | |||
| Return On Asset | 0.0434 | |||
| Profit Margin | 0.06 % | |||
| Operating Margin | 0.08 % | |||
| Current Valuation | 2.26 B | |||
| Shares Outstanding | 58.69 M | |||
| Shares Owned By Insiders | 21.61 % | |||
| Shares Owned By Institutions | 1.14 % | |||
| Price To Earning | 12.39 X | |||
| Price To Book | 1.23 X |
Pair Trading with Mildef Crete
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 Mildef Crete 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 Mildef Crete will appreciate offsetting losses from the drop in the long position's value.Moving together with Mildef Stock
Moving against Mildef Stock
The ability to find closely correlated positions to Mildef Crete could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mildef Crete 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 Mildef Crete - 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 Mildef Crete to buy it.
The correlation of Mildef Crete 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 Mildef Crete moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mildef Crete 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 Mildef Crete 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.Additional Tools for Mildef Stock Analysis
When running Mildef Crete's price analysis, check to measure Mildef Crete's 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 Mildef Crete is operating at the current time. Most of Mildef Crete's value examination focuses on studying past and present price action to predict the probability of Mildef Crete's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mildef Crete's price. Additionally, you may evaluate how the addition of Mildef Crete to your portfolios can decrease your overall portfolio volatility.