Jae Jang - Dongil Steel Chief Executive Officer, Director

023790 Stock  KRW 1,043  2.00  0.19%   

CEO

Jae Jang is Chief Executive Officer, Director of Dongil Steel Co since 2013.
Age 38
Tenure 11 years
Phone82 5 1316 5341
Webhttps://www.dongilsteel.com

Dongil Steel Management Efficiency

The company has return on total asset (ROA) of 0.0155 % which means that it generated a profit of $0.0155 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (83.8518) %, meaning that it generated substantial loss on money invested by shareholders. Dongil Steel's management efficiency ratios could be used to measure how well Dongil Steel manages its routine affairs as well as how well it operates its assets and liabilities.
Dongil Steel Co has accumulated 8.46 B in total debt with debt to equity ratio (D/E) of 0.43, which is about average as compared to similar companies. Dongil Steel has a current ratio of 1.2, suggesting that it is in a questionable position to pay out its financial obligations in time and when they become due. Debt can assist Dongil Steel until it has trouble settling it off, either with new capital or with free cash flow. So, Dongil Steel'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 Dongil Steel sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Dongil to invest in growth at high rates of return. When we think about Dongil Steel's use of debt, we should always consider it together with cash and equity.

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CEO Age

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Dongil Steel Co., Ltd. manufactures and sells iron and steel products for various industries in South Korea. Dongil Steel Co., Ltd. was founded in 1967 and is based in Busan, South Korea. DongilSteel is traded on Korean Securities Dealers Automated Quotations in South Korea. Dongil Steel Co (023790) is traded on KOSDAQ in Korea and employs 6 people.

Management Performance

Dongil Steel Leadership Team

Elected by the shareholders, the Dongil Steel's board of directors comprises two types of representatives: Dongil Steel inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Dongil. The board's role is to monitor Dongil Steel's management team and ensure that shareholders' interests are well served. Dongil Steel'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, Dongil Steel's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jae Jang, Chief Executive Officer, Director
Gyeong Kim, Internal Auditor
Ji Lee, Director
Jin Kim, Non-Executive Independent Director
InHwa Jang, Chief Officer
JongHo Yoon, Chief Director

Dongil 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 Dongil Steel 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 Dongil Steel

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 Dongil Steel 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 Dongil Steel will appreciate offsetting losses from the drop in the long position's value.

Moving together with Dongil Stock

  0.83053260 Keum Kang SteelPairCorr
  0.68128660 PJ MetalPairCorr

Moving against Dongil Stock

  0.57039240 Gyeongnam SteelPairCorr
  0.42023440 Jeil Steel MfgPairCorr
  0.33024110 Industrial BankPairCorr
The ability to find closely correlated positions to Dongil Steel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dongil Steel 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 Dongil Steel - 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 Dongil Steel Co to buy it.
The correlation of Dongil Steel 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 Dongil Steel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dongil Steel 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 Dongil Steel 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 Dongil Stock

Dongil Steel financial ratios help investors to determine whether Dongil 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 Dongil with respect to the benefits of owning Dongil Steel security.