Manhua Zhang - IT Tech Chief Line
| ITP Stock | USD 0.24 0.02 9.09% |
Insider
Manhua Zhang is Chief Line of IT Tech Packaging
| Address | Science Park, Baoding, China, 072550 |
| Phone | 86 31 2869 8215 |
| Web | https://www.itpackaging.cn |
IT Tech Management Efficiency
The company has Return on Asset of (0.0261) % which means that on every $100 spent on assets, it lost $0.0261. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.0585) %, meaning that it generated no profit with money invested by stockholders. IT Tech's management efficiency ratios could be used to measure how well IT Tech manages its routine affairs as well as how well it operates its assets and liabilities. As of 11/29/2024, Return On Tangible Assets is likely to grow to -0.08. In addition to that, Return On Capital Employed is likely to grow to -0.05. At this time, IT Tech's Non Current Liabilities Total is relatively stable compared to the past year. As of 11/29/2024, Total Current Liabilities is likely to grow to about 21.9 M, while Liabilities And Stockholders Equity is likely to drop slightly above 172.1 M.Similar Executives
| Showing other executives | INSIDER Age | ||
| Henrik Andersson | Holmen AB ADR | 52 | |
| Daniel Barwin | Canfor Pulp Products | N/A | |
| Michelle Ward | Canfor Pulp Products | N/A | |
| Brian Yuen | Canfor Pulp Products | N/A | |
| Yan JP | Nine Dragons Paper | 66 | |
| Michael Powell | Mondi PLC ADR | 56 | |
| Kevin Anderson | Canfor Pulp Products | 52 | |
| MBA CMA | Canfor Pulp Products | 59 | |
| Jrgen Schneider | Mondi PLC ADR | N/A | |
| Mark Feldinger | Canfor Pulp Products | N/A | |
| Kerry Cooper | Mondi PLC ADR | N/A | |
| Lianpeng Zhang | Nine Dragons Paper | 31 | |
| Wan Yi | Nine Dragons Paper | 41 | |
| Markus Gartner | Mondi PLC ADR | 44 | |
| Andrew CA | Mondi PLC ADR | 53 | |
| Fredrik Nordqvist | Holmen AB ADR | 52 | |
| Lars Mallasch | Mondi PLC ADR | N/A | |
| Kevin Pankratz | Canfor Pulp Products | N/A | |
| Michael Hakes | Mondi PLC ADR | 58 | |
| Thomas Ott | Mondi PLC ADR | N/A | |
Management Performance
| Return On Equity | -0.0585 | ||||
| Return On Asset | -0.0261 |
IT Tech Packaging Leadership Team
Elected by the shareholders, the IT Tech's board of directors comprises two types of representatives: IT Tech inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ITP. The board's role is to monitor IT Tech's management team and ensure that shareholders' interests are well served. IT Tech'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, IT Tech's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Wenbing Wang, Independent Director | ||
| Marco Ku, Independent Director | ||
| Dahong Zhou, Secretary | ||
| Lusha Niu, Independent Director | ||
| Hon Ku, Independent Director | ||
| Jing Hao, Chief Financial Officer | ||
| Fuzeng Liu, Director | ||
| Zhenyong Liu, Chairman of the Board, Chief Executive Officer | ||
| Manhua Zhang, Chief Line |
ITP 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 IT Tech 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.
| Return On Equity | -0.0585 | ||||
| Return On Asset | -0.0261 | ||||
| Profit Margin | (0.14) % | ||||
| Operating Margin | 0.02 % | ||||
| Current Valuation | 8.25 M | ||||
| Shares Outstanding | 10.07 M | ||||
| Shares Owned By Insiders | 5.38 % | ||||
| Shares Owned By Institutions | 3.74 % | ||||
| Number Of Shares Shorted | 3.53 K | ||||
| Price To Earning | 3.64 X |
Pair Trading with IT Tech
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 IT Tech 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 IT Tech will appreciate offsetting losses from the drop in the long position's value.Moving against ITP Stock
The ability to find closely correlated positions to IT Tech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IT Tech 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 IT Tech - 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 IT Tech Packaging to buy it.
The correlation of IT Tech 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 IT Tech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IT Tech Packaging 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 IT Tech 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 ITP Stock Analysis
When running IT Tech's price analysis, check to measure IT Tech'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 IT Tech is operating at the current time. Most of IT Tech's value examination focuses on studying past and present price action to predict the probability of IT Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IT Tech's price. Additionally, you may evaluate how the addition of IT Tech to your portfolios can decrease your overall portfolio volatility.