Tak Yu - China New Principal Officer

CNER Stock  USD 0.01  0.00  0.00%   

Executive

Mr. Eric Tak Shing Yu serves as Chief Financial Officer and Treasurer of China New Energy Group Company since September 28, 2009. Prior to joining the Company, Mr. served as CFO with Benda Pharmaceutical, Inc. from February 2007. From March 2006 to February 2007, Mr. Yu served as the Financial Controller for Beijing Teletron Telecom Engineering Co. Ltd. From March 2005 to March 2006, Mr. Yu served as the Financial Controller for Payease Inc. From May 2000 to February 2005, Mr. Yu also served as the Financial Controller of the project companies of AsiaVest Investment Advisory Limited since 2009.
Age 55
Tenure 15 years
Phone86 22 5829 9791
Webhttp://www.cnegc.com
Yu received a Bachelor of Commerce degree in 1993 in Accountancy and Legal Studies, from University of Wollongong, Australia.

China New Management Efficiency

The company has return on total asset (ROA) of 0.0761 % which means that it generated a profit of $0.0761 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.1217) %, meaning that it created substantial loss on money invested by shareholders. China New's management efficiency ratios could be used to measure how well China New manages its routine affairs as well as how well it operates its assets and liabilities.

Similar Executives

Showing other executives

EXECUTIVE Age

Thomas NeidertQiagen NV
N/A
Ross LevineQiagen NV
49
Mark MintzCharles River Laboratories
N/A
Gary CurtisICON PLC
N/A
Antonio SantosQiagen NV
N/A
Nigel ACAICON PLC
50
Mary FinneganMettler Toledo International
N/A
Joseph JDCharles River Laboratories
50
Nigel ClerkinICON PLC
50
Toralf HaagQiagen NV
54
Gerhard KellerMettler Toledo International
56
Peter AggersbjergMettler Toledo International
56
Kathleen HoffmanSotera Health Co
N/A
Thomas EbelingQiagen NV
61
Jonathan ACAICON PLC
48
David GreenICON PLC
N/A
Stephane BancelQiagen NV
47
Marc GueronniereMettler Toledo International
60
JeanPascal ViolaQiagen NV
N/A
Kristen GarveyWaters
N/A
Danielle MentureSotera Health Co
N/A
China New Energy Group Company, a natural gas company, engages in the development, construction, and operation of natural gas distribution networks. Its distribution networks provide natural gas to an aggregate of approximately 64,000 consumers. China New operates under Shell Companies classification in the United States and is traded on OTC Exchange. It employs 130 people. China New Energy [CNER] is a Pink Sheet which is traded between brokers over the counter.

Management Performance

China New Energy Leadership Team

Elected by the shareholders, the China New's board of directors comprises two types of representatives: China New inside directors who are chosen from within the company, and outside directors, selected externally and held independent of China. The board's role is to monitor China New's management team and ensure that shareholders' interests are well served. China New'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, China New's outside directors are responsible for providing unbiased perspectives on the board's policies.
Tak Yu, Principal Officer
Changli Li, Chief Officer
Dunhong Shi, Chief Officer
Yangkan Chong, Chairman, CEO and Pres

China 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 China New 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 China New

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

Moving against China Pink Sheet

  0.56PTAIF PT Astra InternationalPairCorr
  0.54SYM Symbotic Upward RallyPairCorr
  0.39SSNLF Samsung ElectronicsPairCorr
The ability to find closely correlated positions to China New could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace China New 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 China New - 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 China New Energy to buy it.
The correlation of China New 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 China New moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if China New Energy 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 China New 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 China Pink Sheet Analysis

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