Roches Chen - Ligitek Electronics VP Department

All Insiders . Taiwan . 
Stock . Ligitek Electronics Co . Stakeholders . Insider . Roches Chen
8111 Stock  TWD 44.65  0.25  0.56%   

Insider

Roches Chen is VP Department of Ligitek Electronics Co
Phone886 2 7703 6000
Webhttps://www.ligitek.com

Ligitek Electronics Management Efficiency

The company has return on total asset (ROA) of 0.0114 % which means that it generated a profit of $0.0114 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2646 %, meaning that it generated $0.2646 on every $100 dollars invested by stockholders. Ligitek Electronics' management efficiency ratios could be used to measure how well Ligitek Electronics manages its routine affairs as well as how well it operates its assets and liabilities.
Ligitek Electronics Co has accumulated 25.83 M in total debt with debt to equity ratio (D/E) of 35.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Ligitek Electronics has a current ratio of 2.07, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Ligitek Electronics until it has trouble settling it off, either with new capital or with free cash flow. So, Ligitek Electronics' 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 Ligitek Electronics sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ligitek to invest in growth at high rates of return. When we think about Ligitek Electronics' use of debt, we should always consider it together with cash and equity.

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Ligitek Electronics Co., Ltd. designs, develops, manufactures, and sells a range of optoelectronic components for lighting applications in Taiwan and internationally. The company was founded in 1989 and is headquartered in New Taipei City, Taiwan. LIGITEK ELECTRONICS operates under Electronic Components classification in Taiwan and is traded on Taiwan OTC Exchange. Ligitek Electronics Co (8111) is traded on Taiwan OTC Exchange in Taiwan and employs 13 people.

Management Performance

Return On Equity0.26
Return On Asset0.0114

Ligitek 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 Ligitek Electronics 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 Equity0.26
Return On Asset0.0114
Profit Margin0.41 %
Operating Margin0.04 %
Current Valuation1.44 B
Shares Outstanding109.1 M
Shares Owned By Insiders25.83 %
Shares Owned By Institutions1.60 %
Price To Earning15.88 X
Price To Book1.25 X

Pair Trading with Ligitek Electronics

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 Ligitek Electronics 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 Ligitek Electronics will appreciate offsetting losses from the drop in the long position's value.

Moving together with Ligitek Stock

  0.752317 Hon Hai PrecisionPairCorr

Moving against Ligitek Stock

  0.573008 LARGAN PrecisionPairCorr
  0.366291 Analog IntegrationsPairCorr
The ability to find closely correlated positions to Ligitek Electronics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ligitek Electronics 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 Ligitek Electronics - 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 Ligitek Electronics Co to buy it.
The correlation of Ligitek Electronics 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 Ligitek Electronics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ligitek Electronics 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 Ligitek Electronics 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 Ligitek Stock Analysis

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