Park SangKyu - Daesung Eltec Pres Director

025440 Stock  KRW 835.00  9.00  1.07%   

Director

Park SangKyu is Pres Director of Daesung Eltec Co
Phone82 2 2102 3000
Webhttps://www.dseltec.co.kr

Daesung Eltec Management Efficiency

The company has return on total asset (ROA) of (0.0206) % which means that it has lost $0.0206 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (12.5454) %, meaning that it generated substantial loss on money invested by shareholders. Daesung Eltec's management efficiency ratios could be used to measure how well Daesung Eltec manages its routine affairs as well as how well it operates its assets and liabilities.
Daesung Eltec Co has accumulated 30.49 B in total debt with debt to equity ratio (D/E) of 1.97, which is about average as compared to similar companies. Daesung Eltec has a current ratio of 1.09, suggesting that it is in a questionable position to pay out its financial obligations in time and when they become due. Debt can assist Daesung Eltec until it has trouble settling it off, either with new capital or with free cash flow. So, Daesung Eltec'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 Daesung Eltec sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Daesung to invest in growth at high rates of return. When we think about Daesung Eltec's use of debt, we should always consider it together with cash and equity.

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Daesung Eltec Co., Ltd. manufactures and supplies automobile multimedia solutions in South Korea and internationally. Daesung Eltec Co (025440) is traded on KOSDAQ in Korea and employs 336 people.

Management Performance

Daesung Eltec Leadership Team

Elected by the shareholders, the Daesung Eltec's board of directors comprises two types of representatives: Daesung Eltec inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Daesung. The board's role is to monitor Daesung Eltec's management team and ensure that shareholders' interests are well served. Daesung Eltec'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, Daesung Eltec's outside directors are responsible for providing unbiased perspectives on the board's policies.
Park SangKyu, Pres Director
JaeBeom Park, CEO Director

Daesung 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 Daesung Eltec 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 Daesung Eltec

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 Daesung Eltec 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 Daesung Eltec will appreciate offsetting losses from the drop in the long position's value.

Moving against Daesung Stock

  0.72175330 Jb FinancialPairCorr
  0.68005945 Nh Investment AndPairCorr
  0.34316140 Woori Financial GroupPairCorr
The ability to find closely correlated positions to Daesung Eltec could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Daesung Eltec 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 Daesung Eltec - 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 Daesung Eltec Co to buy it.
The correlation of Daesung Eltec 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 Daesung Eltec moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Daesung Eltec 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 Daesung Eltec 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

Other Information on Investing in Daesung Stock

Daesung Eltec financial ratios help investors to determine whether Daesung 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 Daesung with respect to the benefits of owning Daesung Eltec security.