TsangHai Wang - Pan Asia Deputy General Manager

4707 Stock  TWD 14.20  0.05  0.35%   

Executive

Mr. TsangHai Wang was serving as Deputy General Manager in Pan Asia Chemical Corporation since July 6, 2006. He used to be Finance Director and Head of Accounting in the Company. since 2006.
Tenure 18 years
Phone886 2 2351 1212
Webhttps://www.pacc.com.tw

Pan Asia Management Efficiency

Pan Asia's management efficiency ratios could be used to measure how well Pan Asia manages its routine affairs as well as how well it operates its assets and liabilities.
Pan Asia Chemical has accumulated 653 M in total debt with debt to equity ratio (D/E) of 0.46, which is about average as compared to similar companies. Pan Asia Chemical has a current ratio of 0.44, 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 Pan Asia until it has trouble settling it off, either with new capital or with free cash flow. So, Pan Asia'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 Pan Asia Chemical sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Pan to invest in growth at high rates of return. When we think about Pan Asia's use of debt, we should always consider it together with cash and equity.

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Pan Asia Chemical Co. produces and sells chemical products in Taiwan. Pan Asia Chemical Co. was founded in 1982 and is headquartered in Taipei, Taiwan. PAN ASIA operates under Specialty Chemicals classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 117 people. Pan Asia Chemical (4707) is traded on Taiwan OTC Exchange in Taiwan and employs 117 people.

Management Performance

Pan Asia Chemical Leadership Team

Elected by the shareholders, the Pan Asia's board of directors comprises two types of representatives: Pan Asia inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Pan. The board's role is to monitor Pan Asia's management team and ensure that shareholders' interests are well served. Pan Asia'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, Pan Asia's outside directors are responsible for providing unbiased perspectives on the board's policies.
KuoChing Chen, Ex VP
YuTao Wen, Chief Accountant
ShihYi Chen, Chief Officer
TsangHai Wang, Deputy General Manager
JehYi Wang, Pres Director

Pan 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 Pan Asia 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 Pan Asia

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 Pan Asia 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 Pan Asia will appreciate offsetting losses from the drop in the long position's value.

Moving together with Pan Stock

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

Additional Tools for Pan Stock Analysis

When running Pan Asia's price analysis, check to measure Pan Asia'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 Pan Asia is operating at the current time. Most of Pan Asia's value examination focuses on studying past and present price action to predict the probability of Pan Asia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pan Asia's price. Additionally, you may evaluate how the addition of Pan Asia to your portfolios can decrease your overall portfolio volatility.