ChungSheng Cheng - Taiwan Hopax EVP Officer

All Insiders . Taiwan . 
Stock . Taiwan Hopax Chemsistry . Stakeholders . Insider . ChungSheng Cheng
6509 Stock  TWD 42.10  0.25  0.59%   

Insider

ChungSheng Cheng is EVP Officer of Taiwan Hopax Chemsistry
Phone886 7 788 7600
Webhttps://www.hopax.com

Taiwan Hopax Management Efficiency

The company has return on total asset (ROA) of 0.0644 % which means that it generated a profit of $0.0644 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.171 %, meaning that it generated $0.171 on every $100 dollars invested by stockholders. Taiwan Hopax's management efficiency ratios could be used to measure how well Taiwan Hopax manages its routine affairs as well as how well it operates its assets and liabilities.
Taiwan Hopax Chemsistry has accumulated 999.35 M in total debt with debt to equity ratio (D/E) of 66.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Taiwan Hopax Chemsistry has a current ratio of 1.31, which is within standard range for the sector. Debt can assist Taiwan Hopax until it has trouble settling it off, either with new capital or with free cash flow. So, Taiwan Hopax'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 Taiwan Hopax Chemsistry sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Taiwan to invest in growth at high rates of return. When we think about Taiwan Hopax's use of debt, we should always consider it together with cash and equity.

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,Ltd. produces and sells diversified chemical products in the areas of specialty chemicals, fine chemicals, and repositionable self-adhesive products in Taiwan and internationally. The company was founded in 1975 and is headquartered in Kaohsiung, Taiwan. TAIWAN HOPAX operates under Specialty Chemicals classification in Taiwan and is traded on Taiwan OTC Exchange. Taiwan Hopax Chemsistry (6509) is traded on Taiwan OTC Exchange in Taiwan and employs 20 people.

Management Performance

Return On Equity0.17
Return On Asset0.0644

Taiwan Hopax Chemsistry Leadership Team

Elected by the shareholders, the Taiwan Hopax's board of directors comprises two types of representatives: Taiwan Hopax inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Taiwan. The board's role is to monitor Taiwan Hopax's management team and ensure that shareholders' interests are well served. Taiwan Hopax'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, Taiwan Hopax's outside directors are responsible for providing unbiased perspectives on the board's policies.
TsungTien Kuo, Chairman Pres
WenHui Yu, Accounting Supervisor
Jane Her, VP Division
HuiYing Hsu, RD Mang
KuoHsiung Yang, Assistant Division
ChungSheng Cheng, EVP Officer
ShunMin Chiu, Assistant VP
BangJyun Wang, Assistant Center

Taiwan 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 Taiwan Hopax 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 Equity0.17
Return On Asset0.0644
Profit Margin0.10 %
Operating Margin0.12 %
Current Valuation8.95 B
Shares Outstanding173.49 M
Shares Owned By Insiders12.29 %
Shares Owned By Institutions2.19 %
Price To Earning18.79 X
Price To Book2.10 X

Pair Trading with Taiwan Hopax

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 Taiwan Hopax 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 Taiwan Hopax will appreciate offsetting losses from the drop in the long position's value.

Moving against Taiwan Stock

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

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