ShihYuan Chen - Coretronic President

5371 Stock

TWD 77.20 4.90 6.78%

Insider

ShihYuan Chen is President of Coretronic

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.

Compare Coretronic to Peers

Predict price of Coretronic

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.

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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

	Return On Equity	0.11
	Return On Asset	0.0254

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.

	Return On Equity	0.11
	Return On Asset	0.0254
	Profit Margin	0.05 %
	Operating Margin	0.04 %
	Current Valuation	22.03 B
	Shares Outstanding	390.98 M
	Shares Owned By Insiders	36.32 %
	Shares Owned By Institutions	11.23 %
	Price To Earning	10.19 X
	Price To Book	0.97 X

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.

Moving together with Coretronic Stock

0.61	6412	Chicony Power Technology	Pair Corr
0.79	2439	Merry Electronics	Pair Corr
0.7	1614	Taiwan Sanyo Electric	Pair Corr

Moving against Coretronic Stock

0.54	1235	Shin Tai Industry Split	Pair Corr
0.47	0050	YuantaP shares Taiwan	Pair Corr
0.45	0057	Fubon MSCI Taiwan	Pair Corr
0.36	0053	YuantaP shares Taiwan	Pair Corr

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.

Pair Correlation Correlation Matching

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.

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