Shilong Gao - MedFirst Healthcare Head of Finance & Accounting

4175 Stock  TWD 68.70  0.20  0.29%   

Executive

Shilong Gao is Head of Finance & Accounting of MedFirst Healthcare Services since 2019.
Tenure 5 years
Phone886 0 3397 0761
Webhttps://www.medfirst.com.tw

MedFirst Healthcare Management Efficiency

The company has return on total asset (ROA) of 0.0245 % which means that it generated a profit of $0.0245 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1463 %, meaning that it generated $0.1463 on every $100 dollars invested by stockholders. MedFirst Healthcare's management efficiency ratios could be used to measure how well MedFirst Healthcare manages its routine affairs as well as how well it operates its assets and liabilities.
MedFirst Healthcare Services has accumulated 1.38 B in total debt with debt to equity ratio (D/E) of 183.1, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. MedFirst Healthcare has a current ratio of 0.92, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist MedFirst Healthcare until it has trouble settling it off, either with new capital or with free cash flow. So, MedFirst Healthcare'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 MedFirst Healthcare sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for MedFirst to invest in growth at high rates of return. When we think about MedFirst Healthcare's use of debt, we should always consider it together with cash and equity.
MedFirst Healthcare Services, Inc. engages in the sale of medical care, healthcare, and biotechnology healthcare products in Taiwan. MedFirst Healthcare Services, Inc. was founded in 1990 and is headquartered in Taoyuan City, Taiwan. MEDFIRST HEALTHCARE operates under Medical Care classification in Taiwan and is traded on Taiwan OTC Exchange. MedFirst Healthcare Services (4175) is traded on Taiwan OTC Exchange in Taiwan and employs 11 people.

Management Performance

MedFirst Healthcare Management Team

Elected by the shareholders, the MedFirst Healthcare's board of directors comprises two types of representatives: MedFirst Healthcare inside directors who are chosen from within the company, and outside directors, selected externally and held independent of MedFirst. The board's role is to monitor MedFirst Healthcare's management team and ensure that shareholders' interests are well served. MedFirst Healthcare'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, MedFirst Healthcare's outside directors are responsible for providing unbiased perspectives on the board's policies.
TeChung Tsai, Chief GM
Shilong Gao, Head of Finance & Accounting
ShihLung Kao, Accounting Fin

MedFirst 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 MedFirst Healthcare 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 MedFirst Healthcare

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 MedFirst Healthcare 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 MedFirst Healthcare will appreciate offsetting losses from the drop in the long position's value.

Moving together with MedFirst Stock

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Moving against MedFirst Stock

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

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