Hongtai Wei - Samebest General Manager, Director

8489 Stock  TWD 32.00  0.35  1.08%   

Director

Hongtai Wei was serving as General Manager and Director in Samebest Co., Ltd. since February 25, 2016. Wei is also Chairman of the Board in Chia Hwa Senior High School, as well as Director in YINGHAI HIGH SCHOOL. since 2016.
Tenure 8 years
Phone886 2 6635 5288
Webhttps://www.samebest.com.tw

Samebest Management Efficiency

Samebest's management efficiency ratios could be used to measure how well Samebest manages its routine affairs as well as how well it operates its assets and liabilities.
Samebest Co has accumulated 42.63 M in total debt with debt to equity ratio (D/E) of 0.27, which may suggest the company is not taking enough advantage from borrowing. Samebest has a current ratio of 1.82, which is within standard range for the sector. Debt can assist Samebest until it has trouble settling it off, either with new capital or with free cash flow. So, Samebest'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 Samebest sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Samebest to invest in growth at high rates of return. When we think about Samebest's use of debt, we should always consider it together with cash and equity.
Samebest Co., Ltd. engages in the research and development of digital cloud curriculum systems primarily in Taiwan. The company was founded in 2006 and is based in New Taipei City, Taiwan. SAMBEST is traded on Taiwan OTC Exchange in Taiwan. Samebest Co (8489) is traded on Taiwan OTC Exchange in Taiwan and employs 19 people.

Management Performance

Samebest Leadership Team

Elected by the shareholders, the Samebest's board of directors comprises two types of representatives: Samebest inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Samebest. The board's role is to monitor Samebest's management team and ensure that shareholders' interests are well served. Samebest'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, Samebest's outside directors are responsible for providing unbiased perspectives on the board's policies.
Mingji Cao, Deputy General Manager
Mingjin Wu, Director
Hong Wei, Pres Director
Jinzhen Huang, Independent Director
YuZhang Fan, Chief Education
Hongtai Wei, General Manager, Director
Ming Yu, Ex Director
You Zhang, Ex Director
Ruishan Lin, Head of Finance & Accounting
Yong Shi, Chairman Officer
Pei Huang, Chief Accountant
Mingshan Yu, Executive Deputy General Manager-Administrative, Director
Yongxin Shi, Chairman of the Board, Chief Executive Officer
Jianli Lin, Deputy General Manager-Sales Division
KuangHsun Shih, Independent Director
Nai Wang, Managing Director

Samebest 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 Samebest 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 Samebest

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

Moving against Samebest Stock

  0.312002A China Steel CorpPairCorr
The ability to find closely correlated positions to Samebest could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Samebest 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 Samebest - 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 Samebest Co to buy it.
The correlation of Samebest 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 Samebest moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Samebest 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 Samebest 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 Samebest Stock Analysis

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