ACRB Stock | | | USD 0.0001 0.00 0.00% |
Director
Mr. Chun De Meng is Chief Operating Officer, Director of Asia Carbon Industries Inc. Hejoined Hongxing in 2003 as head of the Companys market development team and in December 2003 he became General Manager of Hongxing, primarily responsible for operations and sales. Since January 1998, he has also served as the Chairman of Chongxing Qingxu County Tapestry Limited. Prior to that, Mr. Meng was a project manager in the bureau of City Management of Qingxu County from January 1994 to December 1997. In 2004, he participated in the training program of Zhongyu Carbon Black Rubber Group Training Association and won the honorary titles Model Worker in Qingxu County in 2006 and Economy Model in Qingxu County in 2007. Mr. Mengs knowledge and expertise in the Companys industry, his history with the Company, and his other business experience and acumen led to the Boards conclusion that Mr. Meng should serve as a member of our Board.
Age | 60 |
Phone | 86 35 1596 6868 |
Web | http://www.asiacarbonindustries.com |
Asia Carbon Management Efficiency
The company has return on total asset
(ROA) of
0.0887 % which means that it generated a profit of $0.0887 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity
(ROE) of
0.109 %, meaning that it created $0.109 on every $100 dollars invested by stockholders. Asia Carbon's management efficiency ratios could be used to measure how well Asia Carbon manages its routine affairs as well as how well it operates its assets and liabilities.
Asia Carbon Industries currently holds 1.38
M in liabilities with Debt to Equity
(D/E) ratio of 0.04, which may suggest the company is not taking enough advantage from borrowing. Asia Carbon Industries has a current ratio of 2.92, suggesting that it is
liquid enough and is able to pay its financial obligations when due. Debt can assist Asia Carbon until it has trouble settling it off, either with new capital or with free cash flow. So, Asia Carbon'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 Asia Carbon Industries sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Asia to invest in growth at high rates of return. When we think about Asia Carbon's use of debt, we should always consider it together with cash and equity.
Asia Carbon Industries, Inc., through its subsidiaries, engages in manufacturing and selling carbon black products in the Peoples Republic of China. Asia Carbon Industries, Inc. was founded in 2003 and is based in Taiyuan, the Peoples Republic of China. Asia Carbon is traded on OTC Exchange in the United States. Asia Carbon Industries [ACRB] is a
Pink Sheet which is traded between brokers over the counter.
Management Performance
Asia Carbon Industries Leadership Team
Elected by the shareholders, the Asia Carbon's board of directors comprises two types of representatives: Asia Carbon inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Asia. The board's role is to monitor Asia Carbon's management team and ensure that shareholders' interests are well served. Asia Carbon'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, Asia Carbon's outside directors are responsible for providing unbiased perspectives on the board's policies.
Asia Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Asia Carbon 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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in Asia Pink Sheet
Asia Carbon financial ratios help investors to determine whether Asia Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Asia with respect to the benefits of owning Asia Carbon security.