Jesse Chan - Grand Plastic Chief Officer

3131 Stock

TWD 1,090 10.00 0.91%

Insider

Jesse Chan is Chief Officer of Grand Plastic Technology

Phone	886 3 518 3030
Web	https://www.gptc.com.tw

Grand Plastic Management Efficiency

The company has return on total asset (ROA) of 0.0789 % which means that it generated a profit of $0.0789 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2668 %, meaning that it generated $0.2668 on every $100 dollars invested by stockholders. Grand Plastic's management efficiency ratios could be used to measure how well Grand Plastic manages its routine affairs as well as how well it operates its assets and liabilities.

Compare Grand Plastic to Peers

Predict price of Grand Plastic

Grand Plastic Technology has accumulated 296.89 M in total debt with debt to equity ratio (D/E) of 29.3, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Grand Plastic Technology has a current ratio of 1.36, which is within standard range for the sector. Debt can assist Grand Plastic until it has trouble settling it off, either with new capital or with free cash flow. So, Grand Plastic'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 Grand Plastic Technology sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Grand to invest in growth at high rates of return. When we think about Grand Plastic's use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 11 records			INSIDER Age
	ShuHui Yang	Chung Hwa Food	N/A
	ShangFei Wu	Formosa International Hotels	N/A
	Wei Hung	Grand Ocean Retail	N/A
	ChienNan Tsao	Formosa International Hotels	N/A
	YuJuan Jian	Chung Hwa Food	N/A
	Suzhu Wu	Newretail Co	N/A
	Xiaochen Gu	Newretail Co	N/A
	Zhiwei Zhang	Newretail Co	N/A
	Chao Li	Grand Ocean Retail	N/A
	WenRui Jiang	Chung Hwa Food	N/A
	Junrong Tu	Newretail Co	N/A

Grand Plastic Technology Corporation engages in the design, development, system customization, assembly, testing, product initialization, and after-sales service of metal etching and wafer cleaning equipment in Taiwan. The company was founded in 1993 and is based in Hsinchu City, Taiwan. GRAND PLASTIC operates under Semiconductor Equipment Materials classification in Taiwan and is traded on Taiwan OTC Exchange. Grand Plastic Technology (3131) is traded on Taiwan OTC Exchange in Taiwan and employs 12 people.

Management Performance

	Return On Equity	0.27
	Return On Asset	0.0789

Grand 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 Grand Plastic 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 Equity	0.27
	Return On Asset	0.0789
	Profit Margin	0.21 %
	Operating Margin	0.21 %
	Current Valuation	5.42 B
	Shares Outstanding	28.52 M
	Shares Owned By Insiders	36.42 %
	Shares Owned By Institutions	15.06 %
	Price To Earning	13.55 X
	Price To Book	2.11 X

Pair Trading with Grand Plastic

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 Grand Plastic 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 Grand Plastic will appreciate offsetting losses from the drop in the long position's value.

Moving together with Grand Stock

0.75	5483	Sino American Silicon	Pair Corr
0.68	3532	Formosa Sumco Technology	Pair Corr

Moving against Grand Stock

0.82	3264	Ardentec	Pair Corr
0.81	3666	Optivision Technology	Pair Corr
0.71	2441	Greatek Electronics	Pair Corr
0.31	2458	Elan Microelectronics	Pair Corr

The ability to find closely correlated positions to Grand Plastic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Grand Plastic 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 Grand Plastic - 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 Grand Plastic Technology to buy it.

The correlation of Grand Plastic 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 Grand Plastic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Grand Plastic Technology 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 Grand Plastic 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 Correlation Correlation Matching

Additional Tools for Grand Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC