IGGGF Stock | | | USD 0.48 0.00 0.00% |
Chairman
Mr. Cai Zongjian serves as Executive Chairman Chief Executive Officer of IGG Inc since October 31 2007. Mr. Cai is one of the Founders and is primarily responsible for the corporate strategic planning and overall business development of our Group. Mr. Cai has approximately 14 years of experience in online game industry. He worked at Fujian NetDragon Computer Information Network Technology Co. as a vice president from May 2000 to November 2003 by whom 17173.com was developed. Mr. Cai also worked as the chief executive officer of 17173.com which is acquired by Sohu.com Inc. a company listed on NASDAQ from November 2003 to January 2005 and a consultant for both Beijing Sohu New Era Information Technology Co. Ltd. and 17173.com from January 2005 to June 2005. Mr. Cai graduated from Fuzhou University with a college diploma in computer and accounting in June 1998. In the three years preceding the date of this annual report Mr. Cai had not been a director of any other listed company.. since 2014.
Age | 46 |
Tenure | 10 years |
Web | https://www.igg.com |
IGG Management Efficiency
The company has return on total asset
(ROA) of
(0.0141) % which means that it has lost $0.0141 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
(0.1118) %, meaning that it generated substantial loss on money invested by shareholders. IGG's management efficiency ratios could be used to measure how well IGG manages its routine affairs as well as how well it operates its assets and liabilities.
IGG Inc has accumulated 103.34
M in total debt with debt to equity ratio
(D/E) of 0.03, which may suggest the company is not taking enough advantage from borrowing. IGG Inc has a current ratio of 2.65, suggesting that it is
liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist IGG until it has trouble settling it off, either with new capital or with free cash flow. So, IGG'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 IGG Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for IGG to invest in growth at high rates of return. When we think about IGG's use of debt, we should always consider it together with cash and equity.
IGG Inc, an investment holding company, engages in the development and operation of mobile and online games in Asia, North America, Europe, and internationally. IGG Inc was founded in 2006 and is headquartered in Singapore. IGG INC is traded on OTC Exchange in the United States. IGG Inc [IGGGF] is a
Pink Sheet which is traded through a dealer network over-the-counter (OTC).
Management Performance
IGG Inc Leadership Team
Elected by the shareholders, the IGG's board of directors comprises two types of representatives: IGG inside directors who are chosen from within the company, and outside directors, selected externally and held independent of IGG. The board's role is to monitor IGG's management team and ensure that shareholders' interests are well served. IGG'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, IGG's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Zongjian Cai, Executive Chairman, CEO | |
| Feng Chen, Sr Director | |
| FCS FCIS, Joint Sec | |
| Jessie Shen, Senior Vice President of Finance, Joint Company Secretary | |
| Hong Zhang, Senior Vice President CTO, Executive Director | |
| Yuan Xu, COO, Executive Director | |
IGG Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is IGG 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.
Currently Active Assets on Macroaxis
Other Information on Investing in IGG Pink Sheet
IGG financial ratios help investors to determine whether IGG Pink Sheet 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 IGG with respect to the benefits of owning IGG security.