Xiqing Zhang - Newmax Technology Deputy General Manager-Overseas Business Division

Executive

Xiqing Zhang is Deputy General Manager-Overseas Business Division of Newmax Technology Co since 2019.
Tenure 5 years
Phone886 4 2369 6889
Webhttps://www.newmax.com.tw

Newmax Technology Management Efficiency

The company has return on total asset (ROA) of (0.0597) % which means that it has lost $0.0597 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.1534) %, meaning that it generated substantial loss on money invested by shareholders. Newmax Technology's management efficiency ratios could be used to measure how well Newmax Technology manages its routine affairs as well as how well it operates its assets and liabilities.
Newmax Technology Co has accumulated 1.46 B in total debt with debt to equity ratio (D/E) of 0.44, which is about average as compared to similar companies. Newmax Technology has a current ratio of 2.0, which is within standard range for the sector. Debt can assist Newmax Technology until it has trouble settling it off, either with new capital or with free cash flow. So, Newmax Technology'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 Newmax Technology sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Newmax to invest in growth at high rates of return. When we think about Newmax Technology's use of debt, we should always consider it together with cash and equity.

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Newmax Technology Co., Ltd. engages in the manufacture, sale, and design of photographicoptical equipment, electronic partscomponents, and electrical machinerysupplies in China, Taiwan, Japan, and Vietnam. The company was founded in 1999 and is based in Taichung, Taiwan. NEWMAX TECHNOLOGY operates under Electronic Components classification in Taiwan and is traded on Taiwan OTC Exchange. Newmax Technology Co (3630) is traded on Taiwan OTC Exchange in Taiwan and employs 29 people.

Management Performance

Newmax Technology Leadership Team

Elected by the shareholders, the Newmax Technology's board of directors comprises two types of representatives: Newmax Technology inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Newmax. The board's role is to monitor Newmax Technology's management team and ensure that shareholders' interests are well served. Newmax Technology'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, Newmax Technology's outside directors are responsible for providing unbiased perspectives on the board's policies.
Wenguo Wang, Director
ChengChang Wang, Mang
ChinChung Lu, Director
Zhengzhang Wang, Division Head-Management
Ziqing Huang, General Manager
Liya Zhao, Finance Manager
ChingKuan Lin, Mang
HaoChen Hung, Mang
Yongpeng Su, Director
LiYa Chao, Director Fin
ShiHsin Su, Ex Director
Mingshan Li, Independent Director
Shengquan Zheng, Chairman of the Board, General Manager
Xiqing Zhang, Deputy General Manager-Overseas Business Division
Shengan Wang, Deputy General Manager-R&D Center
Erwin Limowa, Independent Director
Yuanhong Liao, Director
Younger Wang, Director Office
Keyao Chen, Director
Huang ChiChing, President
KuoFu Fan, Mang

Newmax 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 Newmax Technology 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 Newmax Technology

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

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