MingLung Cheng - Great Tree Chairman GM

6469 Stock  TWD 169.50  4.00  2.31%   

Insider

MingLung Cheng is Chairman GM of Great Tree Pharmacy
Phone886 3 433 3123
Webhttps://www.greattree.com.tw

Great Tree Management Efficiency

The company has return on total asset (ROA) of 0.0576 % which means that it generated a profit of $0.0576 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.3055 %, meaning that it generated $0.3055 on every $100 dollars invested by stockholders. Great Tree's management efficiency ratios could be used to measure how well Great Tree manages its routine affairs as well as how well it operates its assets and liabilities.
Great Tree Pharmacy has accumulated 3.38 B in total debt with debt to equity ratio (D/E) of 1.78, which is about average as compared to similar companies. Great Tree Pharmacy has a current ratio of 1.25, suggesting that it is in a questionable position to pay out its financial obligations in time and when they become due. Debt can assist Great Tree until it has trouble settling it off, either with new capital or with free cash flow. So, Great Tree'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 Great Tree Pharmacy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Great to invest in growth at high rates of return. When we think about Great Tree's use of debt, we should always consider it together with cash and equity.

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Great Tree Pharmacy Co., Ltd. operates a chain of drug stores in Taiwan. Great Tree Pharmacy Co., Ltd. was founded in 2001 and is headquartered in Taoyuan City, Taiwan. GREAT TREE operates under Pharmaceutical Retailers classification in Taiwan and is traded on Taiwan OTC Exchange. Great Tree Pharmacy (6469) is traded on Taiwan OTC Exchange in Taiwan and employs 16 people.

Management Performance

Great Tree Pharmacy Leadership Team

Elected by the shareholders, the Great Tree's board of directors comprises two types of representatives: Great Tree inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Great. The board's role is to monitor Great Tree's management team and ensure that shareholders' interests are well served. Great Tree'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, Great Tree's outside directors are responsible for providing unbiased perspectives on the board's policies.
Zhi Chen, Section Department
FengSheng Huang, Assistant Department
Shuyi Wu, Assistant General Manager-Finance Division
ShiWei Ye, Assistant Department
ShanFeng Lu, Director GM
DaHong Cheng, Assistant Department
ShuYi Huang, Chief Auditor
Ming Zheng, CEO Pres
MingLung Cheng, Chairman GM

Great 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 Great Tree 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 Great Tree

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 Great Tree 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 Great Tree will appreciate offsetting losses from the drop in the long position's value.

Moving against Great Stock

  0.652504 Goldsun Building MatPairCorr
The ability to find closely correlated positions to Great Tree could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Great Tree 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 Great Tree - 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 Great Tree Pharmacy to buy it.
The correlation of Great Tree 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 Great Tree moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Great Tree Pharmacy 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 Great Tree 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 Great Stock Analysis

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