Gyeong Gwon - Wooree Lighting Co-Chief Executive Officer, Director

037400 Stock  KRW 1,181  16.00  1.34%   

CEO

Gwon Gyeong Hwan was CoChief Executive Officer and Director of WOOREE LIGHTING CO., LTD. since March 30, 2012. Prior to joining the Company, Gwon served as Chief Executive Officer at Wooreeeti Co., Ltd. Gwon received a Bachelor of degree in Business Administration from Yonsei University, Korea. since 2012.
Age 62
Tenure 12 years
Phone82 3 1599 3240
Webhttps://www.wooreelighting.co.kr

Wooree Lighting Management Efficiency

The company has return on total asset (ROA) of 0.036 % which means that it generated a profit of $0.036 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 18.7492 %, meaning that it generated $18.7492 on every $100 dollars invested by stockholders. Wooree Lighting's management efficiency ratios could be used to measure how well Wooree Lighting manages its routine affairs as well as how well it operates its assets and liabilities.
Wooree Lighting CoLtd has accumulated 35.42 B in total debt with debt to equity ratio (D/E) of 0.64, which is about average as compared to similar companies. Wooree Lighting CoLtd has a current ratio of 1.05, suggesting that it is in a questionable position to pay out its financial obligations in time and when they become due. Debt can assist Wooree Lighting until it has trouble settling it off, either with new capital or with free cash flow. So, Wooree Lighting'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 Wooree Lighting CoLtd sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Wooree to invest in growth at high rates of return. When we think about Wooree Lighting's use of debt, we should always consider it together with cash and equity.
,Ltd manufactures and sells light bulbs and lamps in South Korea and internationally. ,Ltd was founded in 1966 and is headquartered in Ansan, South Korea. WOOREE LIGHTING is traded on Korean Securities Dealers Automated Quotations in South Korea. Wooree Lighting CoLtd (037400) is traded on KOSDAQ in Korea and employs 50 people.

Management Performance

Wooree Lighting CoLtd Leadership Team

Elected by the shareholders, the Wooree Lighting's board of directors comprises two types of representatives: Wooree Lighting inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Wooree. The board's role is to monitor Wooree Lighting's management team and ensure that shareholders' interests are well served. Wooree Lighting'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, Wooree Lighting's outside directors are responsible for providing unbiased perspectives on the board's policies.
Cheol Yoon, Co-Chief Executive Officer, Director
Gyeong Gwon, Co-Chief Executive Officer, Director
YooHyun Kim, Managing Director
Yu Kim, Managing Director
Gwang Lee, Non-Executive Independent Director
Jin Jung, Internal Auditor
ChulJoo Yun, Chief Officer
Dong Uhm, Non-Executive Independent Director
Chang Ok, Non-Executive Independent Director

Wooree 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 Wooree Lighting 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 Wooree Lighting

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 Wooree Lighting 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 Wooree Lighting will appreciate offsetting losses from the drop in the long position's value.

Moving together with Wooree Stock

  0.74011070 LG InnotekPairCorr
  0.68004170 ShinsegaePairCorr
  0.79097950 CJ CheiljedangPairCorr
  0.63005380 Hyundai MotorPairCorr

Moving against Wooree Stock

  0.67010130 Korea ZincPairCorr
  0.44086280 Hyundai GlovisPairCorr
The ability to find closely correlated positions to Wooree Lighting could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wooree Lighting 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 Wooree Lighting - 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 Wooree Lighting CoLtd to buy it.
The correlation of Wooree Lighting 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 Wooree Lighting moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wooree Lighting CoLtd 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 Wooree Lighting 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 Wooree Stock

Wooree Lighting financial ratios help investors to determine whether Wooree 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 Wooree with respect to the benefits of owning Wooree Lighting security.