Yong Chen - Center Laboratories Independent Director

4123 Stock  TWD 50.10  0.60  1.18%   

Director

Mr. Yong Chang Chen was serving as Independent Director in Center Laboratories, Inc. since June 14, 2010. He also serves as Independent Director of two other companies. since 2010.
Tenure 14 years
Phone886 2 2655 8680
Webhttps://www.centerlab.com.tw

Center Laboratories Management Efficiency

Center Laboratories' management efficiency ratios could be used to measure how well Center Laboratories manages its routine affairs as well as how well it operates its assets and liabilities.
Center Laboratories has accumulated 3.68 B in total debt with debt to equity ratio (D/E) of 0.09, which may suggest the company is not taking enough advantage from borrowing. Center Laboratories has a current ratio of 1.35, which is within standard range for the sector. Debt can assist Center Laboratories until it has trouble settling it off, either with new capital or with free cash flow. So, Center Laboratories' 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 Center Laboratories sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Center to invest in growth at high rates of return. When we think about Center Laboratories' use of debt, we should always consider it together with cash and equity.

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Center Laboratories, Inc. engages in the manufacture and trading of various medicines in Taiwan. The company was founded in 1959 and is headquartered in Taipei, Taiwan. CENTER LABORATORIES operates under Drug ManufacturersSpecialty Generic classification in Taiwan and is traded on Taiwan OTC Exchange. Center Laboratories (4123) is traded on Taiwan OTC Exchange in Taiwan and employs 24 people.

Management Performance

Center Laboratories Leadership Team

Elected by the shareholders, the Center Laboratories' board of directors comprises two types of representatives: Center Laboratories inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Center. The board's role is to monitor Center Laboratories' management team and ensure that shareholders' interests are well served. Center Laboratories' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Center Laboratories' outside directors are responsible for providing unbiased perspectives on the board's policies.
ChungLiang Lee, Director
Xiu Lin, Chief Division
Hsiu Lin, Director Department
Xiuyue Lin, Head-Management Division
Peizhen Cai, Director
SuChi Wang, Director Department
Bozhi Zhang, Director
W Cheng, Director
JuiPao Hsu, President
ChunHung Chen, Director
Wen Liu, Head Plant
Jialing Lin, Director
Rongjin Lin, Chairman of the Board
MeiYueh Ho, Independent Director
Gary Ho, Independent Director
Junhong Chen, Director
Ruibao Xu, General Manager
Suqi Wang, Manager-Finance & Accounting
Yong Chen, Independent Director

Center 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 Center Laboratories 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 Center Laboratories

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 Center Laboratories 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 Center Laboratories will appreciate offsetting losses from the drop in the long position's value.

Moving against Center Stock

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  0.694114 Synmosa BiopharmaPairCorr
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  0.456539 DV BiomedPairCorr
  0.426576 Foresee PharmaceuticalsPairCorr
The ability to find closely correlated positions to Center Laboratories could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Center Laboratories 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 Center Laboratories - 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 Center Laboratories to buy it.
The correlation of Center Laboratories 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 Center Laboratories moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Center Laboratories 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 Center Laboratories 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 Center Stock Analysis

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