HoonHak Choi - Hankook Furniture Chief Pres

004590 Stock  KRW 4,095  5.00  0.12%   

Insider

HoonHak Choi is Chief Pres of Hankook Furniture Co
Age 61
Phone82 2 2600 7000
Webhttps://www.koreafurniture.com

Hankook Furniture Management Efficiency

The company has return on total asset (ROA) of 0.0594 % which means that it generated a profit of $0.0594 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 16.7089 %, meaning that it generated $16.7089 on every $100 dollars invested by stockholders. Hankook Furniture's management efficiency ratios could be used to measure how well Hankook Furniture manages its routine affairs as well as how well it operates its assets and liabilities.
Hankook Furniture Co has accumulated 6.76 B in total debt with debt to equity ratio (D/E) of 0.16, which may suggest the company is not taking enough advantage from borrowing. Hankook Furniture has a current ratio of 2.11, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Hankook Furniture until it has trouble settling it off, either with new capital or with free cash flow. So, Hankook Furniture'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 Hankook Furniture sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Hankook to invest in growth at high rates of return. When we think about Hankook Furniture's use of debt, we should always consider it together with cash and equity.

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Hankook Furniture Co., Ltd. designs, manufactures and sells furniture in South Korea. The company was founded in 1966 and is based in Seoul, South Korea. KoreaFurni is traded on Korean Securities Dealers Automated Quotations in South Korea. Hankook Furniture Co (004590) is traded on KOSDAQ in Korea and employs 42 people.

Management Performance

Hankook Furniture Leadership Team

Elected by the shareholders, the Hankook Furniture's board of directors comprises two types of representatives: Hankook Furniture inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Hankook. The board's role is to monitor Hankook Furniture's management team and ensure that shareholders' interests are well served. Hankook Furniture'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, Hankook Furniture's outside directors are responsible for providing unbiased perspectives on the board's policies.
HoonHak Choi, Chief Pres
YoungHan Kim, Managing Director

Hankook 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 Hankook Furniture 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 Hankook Furniture

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 Hankook Furniture 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 Hankook Furniture will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Hankook Furniture could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hankook Furniture 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 Hankook Furniture - 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 Hankook Furniture Co to buy it.
The correlation of Hankook Furniture 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 Hankook Furniture moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hankook Furniture 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 Hankook Furniture 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 Hankook Stock

Hankook Furniture financial ratios help investors to determine whether Hankook 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 Hankook with respect to the benefits of owning Hankook Furniture security.