Jin Kang - Global Tax Chief Executive Officer, Director

204620 Stock  KRW 3,730  115.00  2.99%   

CEO

Jin Kang is Chief Executive Officer, Director of Global Tax Free since 2017.
Age 46
Tenure 7 years
Phone82 2 518 0837
Webhttp://www.gtfetrs.com

Jin Kang Latest Insider Activity

Tracking and analyzing the buying and selling activities of Jin Kang against Global Tax stock is an integral part of due diligence when investing in Global Tax. Jin Kang insider activity provides valuable insight into whether Global Tax is net buyers or sellers over its current business cycle. Note, Global Tax insiders must abide by specific rules, including filing SEC forms every time they buy or sell Global Tax'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Global Tax Management Efficiency

The company has return on total asset (ROA) of (0.0678) % which means that it has lost $0.0678 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (25.2055) %, meaning that it generated substantial loss on money invested by shareholders. Global Tax's management efficiency ratios could be used to measure how well Global Tax manages its routine affairs as well as how well it operates its assets and liabilities.
Global Tax Free has accumulated 1.48 B in total debt with debt to equity ratio (D/E) of 0.06, which may suggest the company is not taking enough advantage from borrowing. Global Tax Free has a current ratio of 2.95, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Global Tax until it has trouble settling it off, either with new capital or with free cash flow. So, Global Tax'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 Global Tax Free sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Global to invest in growth at high rates of return. When we think about Global Tax's use of debt, we should always consider it together with cash and equity.

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Global Tax Free Co., Ltd. operates as tax refund company for foreign tourists in South Korea. Global Tax Free Co., Ltd. was founded in 2005 and is based in Seoul, South Korea. Global Tax is traded on Korean Securities Dealers Automated Quotations in South Korea. Global Tax Free (204620) is traded on KOSDAQ in Korea and employs 118 people.

Management Performance

Global Tax Free Leadership Team

Elected by the shareholders, the Global Tax's board of directors comprises two types of representatives: Global Tax inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Global. The board's role is to monitor Global Tax's management team and ensure that shareholders' interests are well served. Global Tax'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, Global Tax's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jin Kang, Chief Executive Officer, Director
Hong Kim, Director
Sang Kim, Non-Executive Independent Director
Tae Gu, Internal Auditor

Global 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 Global Tax 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 Global Tax

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 Global Tax 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 Global Tax will appreciate offsetting losses from the drop in the long position's value.

Moving against Global Stock

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

Global Tax financial ratios help investors to determine whether Global 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 Global with respect to the benefits of owning Global Tax security.