| 5371 Stock | | | TWD 77.60 6.50 9.14% |
CFO
Mr. Franck Ho was serving as Chief Financial Officer and Deputy General Manager in Coretronic Corporation since April 29, 2019. He holds a Master degree from City University of New York, the United States. He is also Director in uCare Medical Electronics Co., Ltd., Champ Vision Display, Coretronic System Engineering Corporationrationration, Coretronic Intelligent Robotics Corporationrationration, InnoSpectra Corporationrationration, Tsen Ming Investment Corporationration, Venture, YLG, YLG Optotech Limited and Nano Precision Co., Ltd., as well as Supervisor of Nano Precision Co., Ltd., Guangzhou Nano Display Co., Ltd., Nano Precision Co., Ltd., Core Flex Optical, Coretronic Co., Ltd., Coretronic Co., Ltd., Coretronic Co., Ltd., Coretronic Co., Ltd., Coretronic VC Co., Ltd., Technology Service, Coretronic Projection Co., Ltd., Coretronic Optics Corporationrationration, Vimax Co., LTD., Boom Power Electronics Co., Ltd., Coretronic System Engineering Co., Ltd., Coretronic Display Co., Ltd., Coretronic Co., Ltd., Young Green Energy Co., Chung Tsen Investment Corporationration, Optoma Corporation and Coretronic Optics Co., Ltd. since 2019.
| Tenure | 5 years |
| Phone | 886 3 577 2000 |
| Web | https://www.coretronic.com |
Coretronic Management Efficiency
The company has return on total asset
(ROA) of
0.0254 % which means that it generated a profit of $0.0254 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
0.1093 %, meaning that it generated $0.1093 on every $100 dollars invested by stockholders. Coretronic's management efficiency ratios could be used to measure how well Coretronic manages its routine affairs as well as how well it operates its assets and liabilities.
Coretronic has accumulated 1.83
B in total debt with debt to equity ratio
(D/E) of 37.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Coretronic has a current ratio of 1.65, which is within standard range for the sector. Debt can assist Coretronic until it has trouble settling it off, either with new capital or with free cash flow. So, Coretronic'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 Coretronic sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Coretronic to invest in growth at high rates of return. When we think about Coretronic's use of debt, we should always consider it together with cash and equity.
Similar Executives
Coretronic Corporation engages in the research, development, production, manufacturing, and marketing of projectors, backlights, and flat panel display related products in Taiwan and internationally. Coretronic Corporation was founded in 1992 and is headquartered in Hsinchu, Taiwan. CORETRONICS CORP is traded on Taiwan OTC Exchange in Taiwan. Coretronic (5371) is traded on Taiwan OTC Exchange in Taiwan and employs 45 people.
Management Performance
Coretronic Leadership Team
Elected by the shareholders, the Coretronic's board of directors comprises two types of representatives: Coretronic inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Coretronic. The board's role is to monitor Coretronic's management team and ensure that shareholders' interests are well served. Coretronic'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, Coretronic's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Robert Hsueh, Co-CTO | |
| Hui Lin, President | |
| Sara Lin, Deputy General Manager | |
| ShihYuan Chen, President | |
| Franck Ho, CFO, Deputy General Manager | |
| YC Chen, Associate VP | |
| Ann Wu, President | |
| Wilson Hsu, Deputy General Manager | |
| Sheng Wang, Pres AMC | |
| C Lin, VP Officer | |
Coretronic 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 Coretronic 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 Coretronic
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 Coretronic 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 Coretronic will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Coretronic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Coretronic 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 Coretronic - 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 Coretronic to buy it.
The correlation of Coretronic 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 Coretronic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Coretronic 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 Coretronic 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 Coretronic Stock Analysis
When running Coretronic's price analysis, check to
measure Coretronic'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 Coretronic is operating at the current time. Most of Coretronic's value examination focuses on studying past and present price action to
predict the probability of Coretronic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Coretronic's price. Additionally, you may evaluate how the addition of Coretronic to your portfolios can decrease your overall portfolio volatility.