| 4534 Stock | | | TWD 19.35 0.65 3.25% |
CFO
Yaling Wei is Chief Financial Officer of Trinity Precision Technology since 2007.
| Tenure | 17 years |
| Phone | 886 3 762 6123 |
| Web | https://www.trinity-ptc.com |
Trinity Precision Management Efficiency
The company has return on total asset
(ROA) of
(0.0478) % which means that it has lost $0.0478 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
(0.1159) %, meaning that it generated substantial loss on money invested by shareholders. Trinity Precision's management efficiency ratios could be used to measure how well Trinity Precision manages its routine affairs as well as how well it operates its assets and liabilities.
Trinity Precision Technology has accumulated 71.42
M in total debt with debt to equity ratio
(D/E) of 0.52, which is about average as compared to similar companies. Trinity Precision has a current ratio of 1.36, which is within standard range for the sector. Debt can assist Trinity Precision until it has trouble settling it off, either with new capital or with free cash flow. So, Trinity Precision'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 Trinity Precision sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Trinity to invest in growth at high rates of return. When we think about Trinity Precision's use of debt, we should always consider it together with cash and equity.
Trinity Precision Technology Co., Ltd. designs, manufactures, and sells powder metal parts and gear boxes primarily in Taiwan. The company was founded in 1993 and is headquartered in Toufen, Taiwan. TRINITY PRECISION operates under Metal Fabrication classification in Taiwan and is traded on Taiwan OTC Exchange. Trinity Precision Technology (4534) is traded on Taiwan OTC Exchange in Taiwan and employs 18 people.
Management Performance
Trinity Precision Leadership Team
Elected by the shareholders, the Trinity Precision's board of directors comprises two types of representatives: Trinity Precision inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Trinity. The board's role is to monitor Trinity Precision's management team and ensure that shareholders' interests are well served. Trinity Precision'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, Trinity Precision's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Guangbin Wang, Chairman of the Board, General Manager | |
| Qichuan Yan, Independent Director | |
| Xianwen Su, Director | |
| Ya Wei, Chief Officer | |
| Zhi Bai, Deputy Mang | |
| Yihao Zhang, Director | |
| Xing Wang, Chairman GM | |
| Yaling Wei, Chief Financial Officer | |
| Junhua Lian, Independent Director | |
| ShunTian Lin, Independent Director | |
| Zhengxue Yang, Independent Director | |
| ChengHsueh Yang, Independent Director | |
| Ronglin Wu, Director | |
| Ruifu Wang, Director | |
| Zhiwei Bai, Deputy General Manager, Director | |
| Xingwei Wang, General Manager, Director | |
| Manqing Cai, Director | |
Trinity 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 Trinity Precision 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 Trinity Precision
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 Trinity Precision 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 Trinity Precision will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Trinity Precision could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Trinity Precision 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 Trinity Precision - 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 Trinity Precision Technology to buy it.
The correlation of Trinity Precision 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 Trinity Precision moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Trinity Precision 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 Trinity Precision 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 Trinity Stock Analysis
When running Trinity Precision's price analysis, check to
measure Trinity Precision'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 Trinity Precision is operating at the current time. Most of Trinity Precision's value examination focuses on studying past and present price action to
predict the probability of Trinity Precision's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trinity Precision's price. Additionally, you may evaluate how the addition of Trinity Precision to your portfolios can decrease your overall portfolio volatility.