Chongtang Zhang - Shuang Bang Chairman of the Board, General Manager
| 6506 Stock | TWD 17.80 0.35 2.01% |
Chairman
Chongtang Zhang Chairman of the Board and Chief Strategy Officer in ShuangBang Industrial Corporationration March 17, 2017. Zhang currently also serves as Chairman of the Board in Wada Technology Co., Ltd., as well as Director in four other companies including SORT COMPANY. since 2017.
| Tenure | 7 years |
| Phone | 886 4 9225 7450 |
| Web | https://www.shuang-bang.com |
Shuang Bang Management Efficiency
The company has return on total asset (ROA) of 0.019 % which means that it generated a profit of $0.019 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2062 %, meaning that it generated $0.2062 on every $100 dollars invested by stockholders. Shuang Bang's management efficiency ratios could be used to measure how well Shuang Bang manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
| Found 2 records | CHAIRMAN Age | ||
| JungFu Hsieh | Great Taipei Gas | N/A | |
| Junyan Yu | CTCI Corp | N/A | |
Management Performance
| Return On Equity | 0.21 | |||
| Return On Asset | 0.019 |
Shuang Bang Industrial Management Team
Elected by the shareholders, the Shuang Bang's board of directors comprises two types of representatives: Shuang Bang inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Shuang. The board's role is to monitor Shuang Bang's management team and ensure that shareholders' interests are well served. Shuang Bang'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, Shuang Bang's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Minzhu Lin, Assistant General Manager-Finance | ||
| Chongtang Zhang, Chairman of the Board, General Manager | ||
| Aming Chen, Vice Chairman of the Board, Deputy General Manager-General Manager's Office |
Shuang 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 Shuang Bang 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 | 0.21 | |||
| Return On Asset | 0.019 | |||
| Profit Margin | 0.12 % | |||
| Operating Margin | 0.03 % | |||
| Current Valuation | 2.11 B | |||
| Shares Outstanding | 82.36 M | |||
| Shares Owned By Insiders | 37.51 % | |||
| Price To Book | 1.21 X | |||
| Price To Sales | 0.71 X | |||
| Revenue | 2.01 B |
Pair Trading with Shuang Bang
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 Shuang Bang 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 Shuang Bang will appreciate offsetting losses from the drop in the long position's value.Moving together with Shuang Stock
Moving against Shuang Stock
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The ability to find closely correlated positions to Shuang Bang could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Shuang Bang 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 Shuang Bang - 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 Shuang Bang Industrial to buy it.
The correlation of Shuang Bang 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 Shuang Bang moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Shuang Bang Industrial 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 Shuang Bang 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 Shuang Stock Analysis
When running Shuang Bang's price analysis, check to measure Shuang Bang'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 Shuang Bang is operating at the current time. Most of Shuang Bang's value examination focuses on studying past and present price action to predict the probability of Shuang Bang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shuang Bang's price. Additionally, you may evaluate how the addition of Shuang Bang to your portfolios can decrease your overall portfolio volatility.