| 8420 Stock | | | TWD 41.00 0.15 0.37% |
Chairman
Mr. Xiqian Zheng was serving as Director in Launch Technologies Co., Ltd. since May 25, 2018. He also serves as Chairman of the Board in an investment company, General Manager and Director in another company, as well as Director in another technology company and Advanced Intl Multitech Corporation Ltd. since 2018.
| Tenure | 6 years |
| Phone | 886 8 751 0505 |
| Web | https://www.launchtech.com.tw |
Launch Technologies Management Efficiency
The company has return on total asset
(ROA) of
0.1297 % which means that it generated a profit of $0.1297 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
0.3927 %, meaning that it generated $0.3927 on every $100 dollars invested by stockholders. Launch Technologies' management efficiency ratios could be used to measure how well Launch Technologies manages its routine affairs as well as how well it operates its assets and liabilities.
Launch Technologies Co has accumulated 137.54
M in total debt with debt to equity ratio
(D/E) of 0.59, which is about average as compared to similar companies. Launch Technologies has a current ratio of 1.09, suggesting that it
is in a questionable position to pay out its financial obligations in time and when they become due. Debt can assist Launch Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, Launch Technologies' 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 Launch Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Launch to invest in growth at high rates of return. When we think about Launch Technologies' use of debt, we should always consider it together with cash and equity.
Similar Executives
| Found 1 records | CHAIRMAN Age |
| Youming Qi | Advanced Wireless Semiconductor | N/A |
Launch Technologies Co., Ltd. engages in the research and development, manufacture, and sale of golf balls in Taiwan and internationally. The company was founded in 2006 and is headquartered in Pingtung, Taiwan. LAUNCH TECHNOLOGIES operates under Leisure classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 526 people. Launch Technologies Co (8420) is traded on Taiwan OTC Exchange in Taiwan and employs 626 people.
Management Performance
Launch Technologies Leadership Team
Elected by the shareholders, the Launch Technologies' board of directors comprises two types of representatives: Launch Technologies inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Launch. The board's role is to monitor Launch Technologies' management team and ensure that shareholders' interests are well served. Launch Technologies' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Launch Technologies' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Yimiao Guo, Manager-Finance and Accounting | |
| Yingcheng Lu, General Manager | |
| Yuanyou Chen, Director | |
| Ruizhang Lin, Director | |
| LeeiJung Hung, Independent Director | |
| Qingzai Wu, Independent Director | |
| Anhao Liu, Chairman of the Board, General Manager | |
| Xiqian Zheng, Chairman of the Board | |
| LeeJung Hung, Independent Director | |
| Huixiong Chen, Independent Director | |
Launch 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 Launch Technologies 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 Launch Technologies
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 Launch Technologies 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 Launch Technologies will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Launch Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Launch Technologies 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 Launch Technologies - 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 Launch Technologies Co to buy it.
The correlation of Launch Technologies 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 Launch Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Launch Technologies 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 Launch Technologies 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 Launch Stock Analysis
When running Launch Technologies' price analysis, check to
measure Launch Technologies' 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 Launch Technologies is operating at the current time. Most of Launch Technologies' value examination focuses on studying past and present price action to
predict the probability of Launch Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Launch Technologies' price. Additionally, you may evaluate how the addition of Launch Technologies to your portfolios can decrease your overall portfolio volatility.