Yiwen Chen - Taiwan IC Independent Director

3372 Stock  TWD 16.45  0.70  4.08%   

Director

Yiwen Chen is Independent Director of Taiwan IC Packaging
Phone886 7 815 8800
Webhttps://www.ticp.com.tw

Taiwan IC Management Efficiency

The company has return on total asset (ROA) of 0.0326 % which means that it generated a profit of $0.0326 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1031 %, meaning that it generated $0.1031 on every $100 dollars invested by stockholders. Taiwan IC's management efficiency ratios could be used to measure how well Taiwan IC manages its routine affairs as well as how well it operates its assets and liabilities.
Taiwan IC Packaging has accumulated 83.42 M in total debt with debt to equity ratio (D/E) of 0.04, which may suggest the company is not taking enough advantage from borrowing. Taiwan IC Packaging has a current ratio of 3.41, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Taiwan IC until it has trouble settling it off, either with new capital or with free cash flow. So, Taiwan IC'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 Taiwan IC Packaging sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Taiwan to invest in growth at high rates of return. When we think about Taiwan IC's use of debt, we should always consider it together with cash and equity.

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Taiwan IC Packaging Corporation develops optical and ultrathin IC package technologies. Taiwan IC Packaging Corporation was founded in 1998 and is headquartered in Kaohsiung, Taiwan. TAIWAN IC operates under Semiconductors classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 564 people. Taiwan IC Packaging (3372) is traded on Taiwan OTC Exchange in Taiwan and employs 537 people.

Management Performance

Taiwan IC Packaging Leadership Team

Elected by the shareholders, the Taiwan IC's board of directors comprises two types of representatives: Taiwan IC inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Taiwan. The board's role is to monitor Taiwan IC's management team and ensure that shareholders' interests are well served. Taiwan IC'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, Taiwan IC's outside directors are responsible for providing unbiased perspectives on the board's policies.
YuLiang Chen, Director
ChiaHsiang Chang, Independent Director
Junren Su, Deputy General Manager-Operation
ChungHo Tseng, President
T Chiu, Independent Director
Zhonghe Zeng, General Manager, Director
Jingmei Guo, Head of Finance & Accounting
Zhuo Bin, Head Department
Su Cong, Head Department
Yiwen Chen, Independent Director
Guo Ping, VP Sales
Fumei Zhang, Director
Xizhe Deng, Director
ChungWon Shu, Chairman of the Board
Shu Zheng, Ex Director
Chongzheng Shu, Executive Director
Bingrong Lin, Director
Jiang Cheng, Head Department
Simon Lin, Independent Director
Longde Guo, Director
Su Ren, VP Operations

Taiwan 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 Taiwan IC 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 Taiwan IC

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 Taiwan IC 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 Taiwan IC will appreciate offsetting losses from the drop in the long position's value.

Moving against Taiwan Stock

  0.486510 Chunghwa Precision TestPairCorr
The ability to find closely correlated positions to Taiwan IC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Taiwan IC 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 Taiwan IC - 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 Taiwan IC Packaging to buy it.
The correlation of Taiwan IC 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 Taiwan IC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Taiwan IC Packaging 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 Taiwan IC 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 Taiwan Stock Analysis

When running Taiwan IC's price analysis, check to measure Taiwan IC'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 Taiwan IC is operating at the current time. Most of Taiwan IC's value examination focuses on studying past and present price action to predict the probability of Taiwan IC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taiwan IC's price. Additionally, you may evaluate how the addition of Taiwan IC to your portfolios can decrease your overall portfolio volatility.