Xinhe Chen - I Jang Director

8342 Stock  TWD 88.30  0.20  0.23%   

Insider

Xinhe Chen is Director of I Jang Industrial since 2017.
Tenure 7 years
Phone886 4 8926130
Webhttps://www.i-jang.com

I Jang Management Efficiency

The company has return on total asset (ROA) of 0.0696 % which means that it generated a profit of $0.0696 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2906 %, meaning that it generated $0.2906 on every $100 dollars invested by stockholders. I Jang's management efficiency ratios could be used to measure how well I Jang manages its routine affairs as well as how well it operates its assets and liabilities.
I Jang Industrial has accumulated 116.89 M in total debt with debt to equity ratio (D/E) of 0.41, which is about average as compared to similar companies. I Jang Industrial has a current ratio of 1.54, which is within standard range for the sector. Debt can assist I Jang until it has trouble settling it off, either with new capital or with free cash flow. So, I Jang'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 I Jang Industrial sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for 8342 to invest in growth at high rates of return. When we think about I Jang's use of debt, we should always consider it together with cash and equity.

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,Ltd. manufactures and sells commercial storage equipment, and custom-made and household products worldwide. The company was founded in 1987 and is based in Changhua City, Taiwan. I JANG operates under Business Equipment Supplies classification in Taiwan and is traded on Taiwan OTC Exchange. I Jang Industrial (8342) is traded on Taiwan OTC Exchange in Taiwan and employs 11 people.

Management Performance

I Jang Industrial Leadership Team

Elected by the shareholders, the I Jang's board of directors comprises two types of representatives: I Jang inside directors who are chosen from within the company, and outside directors, selected externally and held independent of 8342. The board's role is to monitor I Jang's management team and ensure that shareholders' interests are well served. I Jang'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, I Jang's outside directors are responsible for providing unbiased perspectives on the board's policies.
Shengqi He, Independent Director
Taifeng Cai, Senior Manager-Finance
Xinhe Chen, Director
Zhaowei Huang, Independent Director
Xiaoting Shi, Independent Director
Angus Chen, Chairman Pres
Xinyue Chen, Chairman of the Board
Xiuying Huang, Vice Chairman of the Board
S Huang, VP Group
Mushan Lai, Director
Michael Chiu, General Manager

8342 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 I Jang 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 I Jang

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 I Jang 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 I Jang will appreciate offsetting losses from the drop in the long position's value.

Moving against 8342 Stock

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The ability to find closely correlated positions to I Jang could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace I Jang 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 I Jang - 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 I Jang Industrial to buy it.
The correlation of I Jang 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 I Jang moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if I Jang Industrial 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 I Jang 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 8342 Stock Analysis

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