MyungJoo Kim - TK Chemical Chief Director

104480 Stock  KRW 1,333  1.00  0.08%   

Insider

MyungJoo Kim is Chief Director of TK Chemical
Age 62
Phone(82) 2 2001 6180
Webwww.tkchemi.co.kr

TK Chemical Management Efficiency

The company has return on total asset (ROA) of 0.0264 % which means that it generated a profit of $0.0264 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 45.3036 %, meaning that it generated $45.3036 on every $100 dollars invested by stockholders. TK Chemical's management efficiency ratios could be used to measure how well TK Chemical manages its routine affairs as well as how well it operates its assets and liabilities.
TK Chemical has accumulated 51.5 B in total debt with debt to equity ratio (D/E) of 0.83, which is about average as compared to similar companies. TK Chemical has a current ratio of 0.68, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist TK Chemical until it has trouble settling it off, either with new capital or with free cash flow. So, TK Chemical'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 TK Chemical sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for 104480 to invest in growth at high rates of return. When we think about TK Chemical's use of debt, we should always consider it together with cash and equity.

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The company offers polyester yarns and spandex yarns, as well as PET resins. TK Chemical Corporation was founded in 1965 and is headquartered in Daegu, South Korea. TK CHEMICAL is traded on Korean Securities Dealers Automated Quotations in South Korea. TK Chemical (104480) is traded on KOSDAQ in Korea and employs 26 people.

Management Performance

TK Chemical Leadership Team

Elected by the shareholders, the TK Chemical's board of directors comprises two types of representatives: TK Chemical inside directors who are chosen from within the company, and outside directors, selected externally and held independent of 104480. The board's role is to monitor TK Chemical's management team and ensure that shareholders' interests are well served. TK Chemical'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, TK Chemical's outside directors are responsible for providing unbiased perspectives on the board's policies.
ChulWoo Kim, Managing Division
Yul Ahn, Assistant Managing Director
KookJung Eun, Head Director
Yil Choi, Assistant Managing Director
HaeGyu Kim, Managing Division
Cheol Kim, Managing Director
Oh Woo, Chairman of the Board
YongHa Park, Managing Department
MyungJoo Kim, Chief Director
Guk Eun, Assistant Managing Director
HongSeok Soh, Chief Pres
JaeWon Lee, Chief Director
Yun Hong, Assistant Managing Director
Yong Kim, Vice President Director
Jin Gwak, Director
Min Lee, Non-Executive Independent Director
Myeong Kim, Assistant Managing Director
JongSeok Kim, Chief Director
Jun Gi, Vice Chairman of the Board
Yong Park, Assistant Managing Director
Sang Lee, Chief Executive Officer, Director
Yool Ahn, Managing Department
Se Park, Non-Executive Independent Director
IlYoung Choi, Director Director

104480 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 TK Chemical 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 TK Chemical

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 TK Chemical 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 TK Chemical will appreciate offsetting losses from the drop in the long position's value.

Moving together with 104480 Stock

  0.69005380 Hyundai MotorPairCorr
The ability to find closely correlated positions to TK Chemical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TK Chemical 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 TK Chemical - 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 TK Chemical to buy it.
The correlation of TK Chemical 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 TK Chemical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TK Chemical 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 TK Chemical 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 104480 Stock

TK Chemical financial ratios help investors to determine whether 104480 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 104480 with respect to the benefits of owning TK Chemical security.