Viem Kwok - CITIC Resources Chairman

CTJHY Stock  USD 12.06  0.23  1.87%   

Chairman

Mr. Kwok Viem is Executive Chairman of the Board of CITIC Resources Holdings Limited., since July 22, 2013. He is also a member of the nomination committee of the Company, a position which he also held between 2006 and 2007. He is also a director of several subsidiaries of the Company. He is responsible for the strategic planning and corporate development of the Group. Mr. Kwok holds a Bachelor of Arts Degree in Commerce from National Taiwan University, a Master of Philosophy Degree in Management Studies from The University of Hong Kong and a Doctoral Degree in Finance from University of California, Berkeley. He is a director of Cathay Financial Holding Co., Ltd. listed on the Taiwan Stock Exchange since 2013.
Age 64
Tenure 11 years
Phone852 2899 8200
Webhttps://resources.citic
Kwok held senior positions with various international financial institutions and has over 38 years’ experience in banking and corporate finance. He is a member of the National Committee of the Chinese People’s Political Consultative Conference and a vice chairman of Committee for Liaison with Hong Kong, Macao, Taiwan and Overseas Chinese.

CITIC Resources Management Efficiency

The company has return on total asset (ROA) of 0.0748 % which means that it generated a profit of $0.0748 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.235 %, meaning that it generated $0.235 on every $100 dollars invested by stockholders. CITIC Resources' management efficiency ratios could be used to measure how well CITIC Resources manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 3.42 B in total debt with debt to equity ratio (D/E) of 0.61, which is about average as compared to similar companies. CITIC Resources Holdings has a current ratio of 1.85, which is within standard range for the sector. Debt can assist CITIC Resources until it has trouble settling it off, either with new capital or with free cash flow. So, CITIC Resources' 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 CITIC Resources Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for CITIC to invest in growth at high rates of return. When we think about CITIC Resources' use of debt, we should always consider it together with cash and equity.

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CITIC Resources Holdings Limited, an investment holding company, engages in the exploration, development, and production of oil and coal. CITIC Resources Holdings Limited is a subsidiary of CITIC Group Corporation. Citic Resources operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. It employs 187 people. CITIC Resources Holdings [CTJHY] is a Pink Sheet which is traded between brokers over the counter.

Management Performance

CITIC Resources Holdings Leadership Team

Elected by the shareholders, the CITIC Resources' board of directors comprises two types of representatives: CITIC Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of CITIC. The board's role is to monitor CITIC Resources' management team and ensure that shareholders' interests are well served. CITIC Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, CITIC Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
Ying Wu, Vice President
Xinli Wang, VP CFO
So Li, Executive Director
Zaiyan Yang, Vice President
Yimin Wang, GM CEO
Wai Wong, CFO, Company Secretary
Pei Gao, Independent Non-Executive Director
Calvin Lam, IR Contact Officer
Jen Cha, General Counsel
Yufeng Sun, Executive Chairman of the Board
Ka Chung, Chief Accountant
Yiyong Qiu, Executive Director and Member of Remuneration Committee
Ting Ma, Non-Executive Director
Zhengang Suo, Acting CEO
RenDa Fan, Independent Non-Executive Director
Jingshuang Bi, Vice President
Ren Fan, Independent Non-Executive Director
Yang Sun, Executive Vice Chairman
Viem Kwok, Executive Chairman of The Board and Chairman of Nomination Committee
Yuan Mou, Chief Engineer
Andrew Look, Independent Non-Executive Director
Kin Chan, Non-Executive Director
Chi Wat, Chief Sec

CITIC 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 CITIC Resources 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 CITIC Resources

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 CITIC Resources 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 CITIC Resources will appreciate offsetting losses from the drop in the long position's value.

Moving against CITIC Pink Sheet

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The ability to find closely correlated positions to CITIC Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CITIC Resources 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 CITIC Resources - 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 CITIC Resources Holdings to buy it.
The correlation of CITIC Resources 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 CITIC Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CITIC Resources Holdings 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 CITIC Resources 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
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CITIC Resources Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
Note that the CITIC Resources Holdings information on this page should be used as a complementary analysis to other CITIC Resources' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

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When running CITIC Resources' price analysis, check to measure CITIC Resources' 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 CITIC Resources is operating at the current time. Most of CITIC Resources' value examination focuses on studying past and present price action to predict the probability of CITIC Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CITIC Resources' price. Additionally, you may evaluate how the addition of CITIC Resources to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between CITIC Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if CITIC Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CITIC Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.