Wenbing Wang - IT Tech Independent Director

ITP Stock  USD 0.23  0.01  4.55%   

Director

Mr. Wenbing Christopher Wang is Independent Director of Orient Paper Inc. Mr. Wang has also been serving as President and Director of Fushi Copperweld, Inc. since January 21, 2008. Mr. Wang served as Fushis Chief Financial Officer from December 13, 2005 to August 31, 2009. Prior to Fushi, Mr. Wang worked for Redwood Capital, Inc., China Century Investment Corporationrationration, Credit Suisse First Boston and VC China in various capacities. Fluent in both English and Chinese, Mr. Wang holds a masters degree in business administration and finance and corporate accounting from Simon Business School of University of Rochester. Mr. Wang was named one of the top ten CFOs of 2007 in China by CFO magazine. since 2009.
Age 46
Tenure 15 years
Address Science Park, Baoding, China, 072550
Phone86 31 2869 8215
Webhttps://www.itpackaging.cn

Wenbing Wang Latest Insider Activity

Tracking and analyzing the buying and selling activities of Wenbing Wang against IT Tech stock is an integral part of due diligence when investing in IT Tech. Wenbing Wang insider activity provides valuable insight into whether IT Tech is net buyers or sellers over its current business cycle. Note, IT Tech insiders must abide by specific rules, including filing SEC forms every time they buy or sell IT Tech'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

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.
IT Tech Packaging has 12.39 M in debt with debt to equity (D/E) ratio of 0.08, which may show that the company is not taking advantage of profits from borrowing. IT Tech Packaging has a current ratio of 2.74, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for ITP to invest in growth at high rates of return.

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IT Tech Packaging, Inc., through its subsidiaries, engages in the production and distribution of paper products in the Peoples Republic of China. IT Tech Packaging, Inc. was founded in 1996 and is headquartered in Baoding, the Peoples Republic of China. IT Tech operates under Paper Paper Products classification in the United States and is traded on AMEX Exchange. It employs 366 people. IT Tech Packaging (ITP) is traded on NYSE MKT Exchange in USA. It is located in Science Park, Baoding, China, 072550 and employs 383 people. IT Tech is listed under Paper & Forest Products category by Fama And French industry classification.

Management Performance

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.

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

  0.34CLW Clearwater PaperPairCorr
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.
Pair CorrelationCorrelation Matching

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.