ShangDa Gong - Tang Eng Corp Sec
| 2035 Stock | TWD 33.20 0.20 0.61% |
Executive
ShangDa Gong is Corp Sec of Tang Eng Iron
| Phone | 886 7 802 2811 |
| Web | https://www.tangeng.com.tw/Home |
Tang Eng Management Efficiency
Tang Eng's management efficiency ratios could be used to measure how well Tang Eng manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
| Found 4 records | EXECUTIVE Age | ||
| Kaihui Zhuang | Taita Chemical Co | N/A | |
| Peiqing Lin | Taita Chemical Co | N/A | |
| Jincai Lin | Taita Chemical Co | N/A | |
| TaiMing Yan | Taita Chemical Co | N/A | |
Management Performance
| Return On Equity | 0.0668 | |||
| Return On Asset | 0.0095 |
Tang Eng Iron Leadership Team
Elected by the shareholders, the Tang Eng's board of directors comprises two types of representatives: Tang Eng inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Tang. The board's role is to monitor Tang Eng's management team and ensure that shareholders' interests are well served. Tang Eng'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, Tang Eng's outside directors are responsible for providing unbiased perspectives on the board's policies.
| MingJhou Tsai, President | ||
| MingCheng Cheng, VP Department | ||
| HuiWen Tseng, Adm Director | ||
| Eng Tang, Founder | ||
| ShangDa Gong, Corp Sec | ||
| YuJen Tai, Legal Director | ||
| Qunzheng Zhang, Director Director | ||
| YuJieh Wu, Director Department | ||
| Lin Yue, Director Department | ||
| MingHung Jhou, Assistant Department |
Tang 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 Tang Eng 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.
| Return On Equity | 0.0668 | |||
| Return On Asset | 0.0095 | |||
| Profit Margin | 0.02 % | |||
| Operating Margin | 0.02 % | |||
| Current Valuation | 17.96 B | |||
| Shares Outstanding | 350 M | |||
| Shares Owned By Insiders | 53.80 % | |||
| Shares Owned By Institutions | 29.40 % | |||
| Price To Book | 1.98 X | |||
| Price To Sales | 0.74 X |
Pair Trading with Tang Eng
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 Tang Eng 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 Tang Eng will appreciate offsetting losses from the drop in the long position's value.Moving together with Tang Stock
| 0.7 | 2330 | Taiwan Semiconductor | PairCorr |
| 0.77 | 2891 | CTBC Financial Holding | PairCorr |
| 0.78 | 2891B | CTBC Financial Holding | PairCorr |
Moving against Tang Stock
| 0.74 | 2888 | Shin Kong Financial Earnings Call Today | PairCorr |
| 0.6 | 2891C | CTBC Financial Holding | PairCorr |
| 0.43 | 5880 | Taiwan Cooperative | PairCorr |
The ability to find closely correlated positions to Tang Eng could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tang Eng 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 Tang Eng - 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 Tang Eng Iron to buy it.
The correlation of Tang Eng 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 Tang Eng moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tang Eng Iron 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 Tang Eng 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.Additional Tools for Tang Stock Analysis
When running Tang Eng's price analysis, check to measure Tang Eng'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 Tang Eng is operating at the current time. Most of Tang Eng's value examination focuses on studying past and present price action to predict the probability of Tang Eng's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tang Eng's price. Additionally, you may evaluate how the addition of Tang Eng to your portfolios can decrease your overall portfolio volatility.