| 006910 Stock | | | KRW 2,585 40.00 1.52% |
Insider
JaeHo Roh is Managing Director of Bosung Power Technology
| Age | 63 |
| Phone | 82 4 3857 0311 |
| Web | https://www.bosungpower.co.kr |
Bosung Power Management Efficiency
Bosung Power's management efficiency ratios could be used to measure how well Bosung Power manages its routine affairs as well as how well it operates its assets and liabilities.
Bosung Power Technology has accumulated 639.02
M in total debt with debt to equity ratio
(D/E) of 26.2, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Bosung Power Technology has a current ratio of 1.64, which is within standard range for the sector. Debt can assist Bosung Power until it has trouble settling it off, either with new capital or with free cash flow. So, Bosung Power'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 Bosung Power Technology sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Bosung to invest in growth at high rates of return. When we think about Bosung Power's use of debt, we should always consider it together with cash and equity.
Similar Executives
Bosung Power Technology Co., Ltd engages in the development, manufacture, and sale of electric power equipment in South Korea. Bosung Powertec was founded in 1970 and is based in Chungju, South Korea. BOSUNG POWER is traded on Korean Securities Dealers Automated Quotations in South Korea. Bosung Power Technology (006910) is traded on KOSDAQ in Korea and employs 6 people.
Management Performance
Bosung Power Technology Leadership Team
Elected by the shareholders, the Bosung Power's board of directors comprises two types of representatives: Bosung Power inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Bosung. The board's role is to monitor Bosung Power's management team and ensure that shareholders' interests are well served. Bosung Power'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, Bosung Power's outside directors are responsible for providing unbiased perspectives on the board's policies.
Bosung 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 Bosung Power 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 Bosung Power
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 Bosung Power 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 Bosung Power will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Bosung Power could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bosung Power 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 Bosung Power - 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 Bosung Power Technology to buy it.
The correlation of Bosung Power 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 Bosung Power moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bosung Power Technology 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 Bosung Power 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.
Other Information on Investing in Bosung Stock
Bosung Power financial ratios help investors to determine whether Bosung Stock 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 Bosung with respect to the benefits of owning Bosung Power security.