Patrick Kung - Koninklijke Philips CEO

PHG Stock  USD 19.98  0.17  0.84%   

CEO

Mr. Patrick Kung was Executive Vice President Chief Executive Officer Philips Greater China and Member of Executive Committee of Koninklijke Philips Electronics NV since July 2011. He joined the Company in February 2008 as Executive Vice President and was appointed Chairman of Philips Greater China in October 2008. Previously he worked for Motorola for 27 years in various executive level roles based in the United States and Asia. He was appointed Vice President and General Manager of Personal Communication Sector Taiwan division of Motorola Inc. in 2000. From 2003 until 2005 Mr. Kung was Corporationrationrate Vice President and General Manager of PCS North Asia of Motorola Inc and Corporationrationrate Vice President and General Manager of Strategic Growth Engines of Motorola Inc. from 2005 till 2007. He holds a BS in Electrical Engineering degree from TaTung Institute of Technology in Taiwan and MS in Electrical Engineering degree from Tennessee Technological University in United States. since 2011.
Age 63
Tenure 13 years
Address Philips Center, Amsterdam, Netherlands, 1096 BC
Phone31 20 597 7777
Webhttps://www.philips.com

Koninklijke Philips Management Efficiency

The Koninklijke Philips' current Return On Tangible Assets is estimated to increase to -0.03. The Koninklijke Philips' current Return On Capital Employed is estimated to increase to -0.0052. At this time, Koninklijke Philips' Total Current Assets are most likely to decrease significantly in the upcoming years. The Koninklijke Philips' current Other Assets is estimated to increase to about 2.5 B, while Non Currrent Assets Other are projected to decrease to roughly 275.5 M. Koninklijke Philips' management efficiency ratios could be used to measure how well Koninklijke Philips manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 7.61 B in debt with debt to equity (D/E) ratio of 0.54, which is OK given its current industry classification. Koninklijke Philips has a current ratio of 1.17, demonstrating that it may have difficulties to pay its financial commitments when the payables are due. Debt can assist Koninklijke Philips until it has trouble settling it off, either with new capital or with free cash flow. So, Koninklijke Philips' 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 Koninklijke Philips sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Koninklijke to invest in growth at high rates of return. When we think about Koninklijke Philips' use of debt, we should always consider it together with cash and equity.

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Koninklijke Philips N.V. operates as a health technology company in North America and internationally. Koninklijke Philips N.V. was founded in 1891 and is headquartered in Amsterdam, the Netherlands. Koninklijke Philips operates under Medical Devices classification in the United States and is traded on New York Stock Exchange. It employs 79097 people. Koninklijke Philips NV (PHG) is traded on New York Stock Exchange in USA. It is located in Philips Center, Amsterdam, Netherlands, 1096 BC and employs 69,656 people. Koninklijke Philips is listed under Health Care Equipment & Supplies category by Fama And French industry classification.

Management Performance

Koninklijke Philips Leadership Team

Elected by the shareholders, the Koninklijke Philips' board of directors comprises two types of representatives: Koninklijke Philips inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Koninklijke. The board's role is to monitor Koninklijke Philips' management team and ensure that shareholders' interests are well served. Koninklijke Philips' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Koninklijke Philips' outside directors are responsible for providing unbiased perspectives on the board's policies.
Robert Cascella, Executive Vice President, Strategic Business Development Leader
Willem Appelo, Chief Officer
Leandro Mazzoni, Head Relations
Andy Ho, Executive Vice President, Chief Market Leader of Philips Greater China
Cornelis Lede, Member of the Supervisory Board
M Doherty, Independent Member of the Shariah Supervisory Board
Shez Partovi, Executive Vice President Chief Innovation and Strategy Officer
Patrick Kung, Executive Vice President & CEO Philips Greater China and Member of Executive Committee
Brent Shafer, Executive Vice President - North American Market
Peter Loescher, Independent Member of the Supervisory Board
Sophie Bechu, Executive Vice President, Chief Operations Officer
Daniela Seabrook, Chief Human Resource Officer, Executive Vice President
Marnix Ginneken, Executive Vice President, Chief Legal & Compliance Officer, Member of the Management Board, Secretary
Henk Jong, Executive Vice President, Chief Executive Officer - Philips Domestic Appliances
Jeroen Tas, Executive Vice President Chief Innovation and Strategy Officer
Franois Houten, Advisor
David Pyott, Independent Member of the Supervisory Board
Ewald Kist, Member of the Supervisory Board
Robin Jansen, Head of Investor Relations
Neelam Dhawan, Independent Member of the Supervisory Board
Heino Prondzynski, Independent Member of the Supervisory Board
Roy Jakobs, Executive Vice President Chief Business Leader - Personal Health
Ronald Jong, Executive Vice President, Chief Human Resources Officer, Chairman Philips Foundation
Bert Meurs, Executive Vice President, Chief Business Leader Image Guided Therapy and jointly responsible for Diagnosis & Treatment
Frans Houten, President CEO and Chairman of the Board of Management and Executive Committee
Denise Haylor, Chief HR Officer, Executive VP and Member of the Executive Committee
Indra Nooyi, Independent Member of the Supervisory Board
Pim Preesman, Head of Investor Relations
Vitor Rocha, Executive Vice President, Chief Market Leader of Philips North America
Egbert Acht, Executive Vice President
Sock Chua, Independent Member of the Supervisory Board
Jeroen Veer, Independent Chairman of the Supervisory Board
Christine Poon, Vice Chairman of the Supervisory Board, Secretary, Member of Corporate Governance, Nomination and Selection Committee and Member of Remuneration Committee
Jim Andrew, Executive Vice President & Chief Strategy and Innovation Officer, Member of Executive Committee
A Harrison, Independent Member of the Supervisory Board
Kees Wesdorp, Executive Vice President Chief Business Leader Precision Diagnosis and jointly responsible for Diagnosis & Treatment
Orit Gadiesh, Independent Member of the Supervisory Board
Marc Harrison, Independent Member of the Supervisory Board
Deeptha Khanna, Executive Vice President, Chief Business Leader of Personal Health
Eric Rondolat, Executive Vice President and CEO Philips Lighting Division, Member of the Executive Committee
Heidi Sichien, Executive Officer
Paulus Stoffels, Independent Vice Chairman of the Supervisory Board, Secretary
Jan Kimpen, Chief Officer
Francois Houten, President, Chief Executive Officer and Chairman of the Board of Management
Edwin Paalvast, Executive Vice President, Chief of International Markets
Jackson Tai, Independent Member of the Supervisory Board
Sean Carney, Chief Officer
Feike Sijbesma, Independent Vice Chairman of the Supervisory Board
Pieter Nota, Chief Marketing Officer, Executive Vice-President, Member of Board of Management, Member of The Executive Committee and CEO of Philips Consumer Lifestyle
Abhijit Bhattacharya, Executive Vice President & Chief Financial Officer, Member of the Management Board
Carla Kriwet, Executive Vice President Chief Business Leader of Connected Care & Health Informatics (CCHI) Businesses

Koninklijke 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 Koninklijke Philips 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.

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When determining whether Koninklijke Philips is a strong investment it is important to analyze Koninklijke Philips' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Koninklijke Philips' future performance. For an informed investment choice regarding Koninklijke Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Koninklijke Philips NV. 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 Koninklijke Philips information on this page should be used as a complementary analysis to other Koninklijke Philips' 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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

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When running Koninklijke Philips' price analysis, check to measure Koninklijke Philips' 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 Koninklijke Philips is operating at the current time. Most of Koninklijke Philips' value examination focuses on studying past and present price action to predict the probability of Koninklijke Philips' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Koninklijke Philips' price. Additionally, you may evaluate how the addition of Koninklijke Philips to your portfolios can decrease your overall portfolio volatility.
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Is Koninklijke Philips' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Koninklijke Philips. If investors know Koninklijke will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Koninklijke Philips listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.72)
Earnings Share
(0.51)
Revenue Per Share
19.804
Quarterly Revenue Growth
(0.07)
Return On Assets
0.0087
The market value of Koninklijke Philips is measured differently than its book value, which is the value of Koninklijke that is recorded on the company's balance sheet. Investors also form their own opinion of Koninklijke Philips' value that differs from its market value or its book value, called intrinsic value, which is Koninklijke Philips' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Koninklijke Philips' market value can be influenced by many factors that don't directly affect Koninklijke Philips' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Koninklijke Philips' value and its price as these two are different measures arrived at by different means. Investors typically determine if Koninklijke Philips is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Koninklijke Philips' 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.