RungKun Shieh - Brighton Best Representative Pres

8415 Stock

TWD 34.20 1.20 3.64%

Insider

RungKun Shieh is Representative Pres of Brighton Best International Taiwan

Phone	886 6 270 1756
Web	https://www.brighton-best.com.tw

Brighton Best Management Efficiency

The company has return on total asset (ROA) of 0.0915 % which means that it generated a profit of $0.0915 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2328 %, meaning that it generated $0.2328 on every $100 dollars invested by stockholders. Brighton Best's management efficiency ratios could be used to measure how well Brighton Best manages its routine affairs as well as how well it operates its assets and liabilities.

Compare Brighton Best to Peers

Predict price of Brighton Best

Brighton Best International Taiwan has accumulated 5.42 B in total debt with debt to equity ratio (D/E) of 48.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Brighton Best Intern has a current ratio of 6.1, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Brighton Best until it has trouble settling it off, either with new capital or with free cash flow. So, Brighton Best'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 Brighton Best Intern sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Brighton to invest in growth at high rates of return. When we think about Brighton Best's use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives			INSIDER Age
	Zi Weng	QST International	N/A
	Irene Tsai	Topoint Technology Co	N/A
	Lai PoFeng	Basso Industry Corp	N/A
	Li Shu	Intai Technology	N/A
	ChunJung Chen	San Shing Fastech	N/A
	Jinrong Wu	Khgears International Limited	N/A
	Qiu Wu	Khgears International Limited	N/A
	Bao Lin	Intai Technology	N/A
	KouKang Chen	Khgears International Limited	N/A
	HsinChih Chen	San Shing Fastech	N/A
	An Chen	Khgears International Limited	N/A
	Leo Liao	Hiwin Technologies Corp	N/A
	Johnson Chiang	Hiwin Technologies Corp	N/A
	YungTsai Chuo	Hiwin Technologies Corp	N/A
	ChaoWen Chung	Khgears International Limited	N/A
	Lai PoYen	Basso Industry Corp	N/A
	Shenglong Huang	Khgears International Limited	N/A
	Qiu Ke	National Aerospace Fasteners	N/A
	ChaoWen Chang	Khgears International Limited	N/A
	HueyChin Tsai	Hiwin Technologies Corp	N/A
	Shen YaoSheng	Basso Industry Corp	N/A

Brighton-Best International Inc. distributes fasteners primarily in Taiwan, North America, and Oceania. Brighton-Best International Inc. is a subsidiary of Ta Chen Stainless Pipe Co., Ltd. BRIGHTON BEST is traded on Taiwan OTC Exchange in Taiwan. Brighton Best International Taiwan (8415) is traded on Taiwan OTC Exchange in Taiwan and employs 25 people.

Management Performance

	Return On Equity	0.23
	Return On Asset	0.0915

Brighton Best Intern Leadership Team

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

	Dennis Chang, Deputy General Manager, Director
	RungKun Shieh, Representative Pres
	ChienTe Li, F Mang
	TiJin Chang, VP Director

Brighton 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 Brighton Best 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	0.23
	Return On Asset	0.0915
	Profit Margin	0.19 %
	Operating Margin	0.22 %
	Current Valuation	52.1 B
	Shares Outstanding	1.03 B
	Shares Owned By Insiders	64.00 %
	Shares Owned By Institutions	6.38 %
	Price To Earning	23.91 X
	Price To Book	1.76 X

Pair Trading with Brighton Best

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 Brighton Best 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 Brighton Best will appreciate offsetting losses from the drop in the long position's value.

Moving against Brighton Stock

0.45	3711	ASE Industrial Holding	Pair Corr
0.41	2454	MediaTek	Pair Corr
0.38	2049	Hiwin Technologies Corp	Pair Corr
0.38	2330	Taiwan Semiconductor	Pair Corr
0.36	4540	TBI Motion Technology	Pair Corr

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

The correlation of Brighton Best 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 Brighton Best moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brighton Best Intern 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 Brighton Best 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 Brighton Stock Analysis

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