PengCheng Wang - CoAsia Microelectronics Head GM

8096 Stock  TWD 41.15  3.45  9.15%   

Insider

PengCheng Wang is Head GM of CoAsia Microelectronics
Phone886 2 2655 7699
Webhttps://www.coasiaelec.com

CoAsia Microelectronics Management Efficiency

CoAsia Microelectronics' management efficiency ratios could be used to measure how well CoAsia Microelectronics manages its routine affairs as well as how well it operates its assets and liabilities.
CoAsia Microelectronics has accumulated 5.12 B in total debt with debt to equity ratio (D/E) of 1.94, which is about average as compared to similar companies. CoAsia Microelectronics has a current ratio of 1.32, which is within standard range for the sector. Debt can assist CoAsia Microelectronics until it has trouble settling it off, either with new capital or with free cash flow. So, CoAsia Microelectronics' 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 CoAsia Microelectronics sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for CoAsia to invest in growth at high rates of return. When we think about CoAsia Microelectronics' use of debt, we should always consider it together with cash and equity.

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CoAsia Electronics Corp. provides components for mobile multimedia in Taiwan, China, the United States, Southeast Asia, India, and Korea. CoAsia Electronics Corp. was founded in 1997 and is based in Taipei, Taiwan. COASIA ELECTRONICS operates under Semiconductors classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 154 people. CoAsia Microelectronics (8096) is traded on Taiwan OTC Exchange in Taiwan and employs 152 people.

Management Performance

CoAsia Microelectronics Leadership Team

Elected by the shareholders, the CoAsia Microelectronics' board of directors comprises two types of representatives: CoAsia Microelectronics inside directors who are chosen from within the company, and outside directors, selected externally and held independent of CoAsia. The board's role is to monitor CoAsia Microelectronics' management team and ensure that shareholders' interests are well served. CoAsia Microelectronics' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, CoAsia Microelectronics' outside directors are responsible for providing unbiased perspectives on the board's policies.
DongSoo Shin, Vice GM
HeeJun Lee, Chairman CEO
Robert Cheng, VP Fin
PengCheng Wang, Head GM

CoAsia 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 CoAsia Microelectronics 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 CoAsia Microelectronics

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 CoAsia Microelectronics 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 CoAsia Microelectronics will appreciate offsetting losses from the drop in the long position's value.

Moving together with CoAsia Stock

  0.862303 United MicroelectronicsPairCorr
  0.863034 Novatek MicroelectronicsPairCorr

Moving against CoAsia Stock

  0.842891 CTBC Financial HoldingPairCorr
  0.792891B CTBC Financial HoldingPairCorr
  0.772883 China Development Earnings Call TomorrowPairCorr
  0.762882 Cathay Financial HoldingPairCorr
  0.742330 Taiwan SemiconductorPairCorr
The ability to find closely correlated positions to CoAsia Microelectronics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CoAsia Microelectronics 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 CoAsia Microelectronics - 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 CoAsia Microelectronics to buy it.
The correlation of CoAsia Microelectronics 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 CoAsia Microelectronics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CoAsia Microelectronics 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 CoAsia Microelectronics 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 CoAsia Stock Analysis

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