Chi Zhang - 58 Independent Director

Director

Mr. Chi Zhang serves as an Independent Director of the Company. He is a Managing Director at General Atlantic, which he joined in 2016. Mr. Zhang heads the Firms business in China. He serves on the boards of Kaiyuan and Ocean Link. Mr. Zhang also serves on the Investment Committee of Ocean Voyage. Prior to joining General Atlantic, Mr. Zhang was a Global Partner and Managing Director at The Carlyle Group, where he focused on investment opportunities in Asia from 2006 to 2016. He is currently an independent director on the board of 58.com and has previously served on the boards of China Reading, SouFun, Yashili, Plateno Group, Crystal Orange Hotel Group, Kaiyuan Hotel Group, New Century Asset Management Co. Ltd. and AnNeng Logistics Group. He also served as a board member for both the general partner and the management company of Carlyle Beijing Partner RMB Fund. Before joining Carlyle in 2006, Mr. Zhang was a Vice President of MA at Credit Suisse, based in the firms Hong Kong office. Prior to that, he was a Vice President in the Investment Banking Division at China International Capital Corporation Limited in Beijing. Mr. Zhang received an M.A. in economics from Shanghai University of Finance and Economics. since 2015.
Age 43
Tenure 9 years
Phone86 10 5956 5858
Webhttp://www.58.com
Zhang also serves on the Investment Committee of Ocean Voyage. Prior to joining General Atlantic, Mr. Zhang was a Global Partner and Managing Director at The Carlyle Group, where he focused on investment opportunities in Asia from 2006 to 2016. He is currently an independent director on the board of 58.com and has previously served on the boards of China Reading, SouFun, Yashili, Plateno Group, Crystal Orange Hotel Group, Kaiyuan Hotel Group, New Century Asset Management Co. Ltd. and AnNeng Logistics Group. He also served as a board member for both the general partner and the management company of Carlyle Beijing Partner – RMB Fund. Before joining Carlyle in 2006, Mr. Zhang was a Vice President of M&A at Credit Suisse, based in the firm’s Hong Kong office. Prior to that, he was a Vice President in the Investment Banking Division at China International Capital Corporationration Limited in Beijing. Eric received an M.A. in economics from Shanghai University of Finance and Economics.

58 Management Efficiency

The company has return on total asset (ROA) of 4.05 % which means that it generated a profit of $4.05 on every $100 spent on assets. This is normal as compared to the sector avarege. Similarly, it shows a return on stockholder's equity (ROE) of 30.36 %, meaning that it created $30.36 on every $100 dollars invested by stockholders. 58's management efficiency ratios could be used to measure how well 58 manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 129.51 M in liabilities with Debt to Equity (D/E) ratio of 0.01, which may suggest the company is not taking enough advantage from borrowing. 58 Inc has a current ratio of 2.25, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist 58 until it has trouble settling it off, either with new capital or with free cash flow. So, 58'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 58 Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for 58 to invest in growth at high rates of return. When we think about 58's use of debt, we should always consider it together with cash and equity.

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58.com Inc. operates various multi-category online classifieds platforms and vertical listing platforms that enable local businesses and consumers to connect, share information, and conduct business in the Peoples Republic of China. The companys platform offers content in the categories, including real estate, jobs, automotive, yellow pages, and used goods. 58.com Inc. was founded in 2005 and is headquartered in Beijing, the Peoples Republic of China. 58 operates under Internet Content Information classification in the United States and is traded on New York Stock Exchange. It employs 21743 people. 58 Inc (WUBA) is traded on New York Stock Exchange in USA and employs 21,743 people.

Management Performance

58 Inc Leadership Team

Elected by the shareholders, the 58's board of directors comprises two types of representatives: 58 inside directors who are chosen from within the company, and outside directors, selected externally and held independent of 58. The board's role is to monitor 58's management team and ensure that shareholders' interests are well served. 58'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, 58's outside directors are responsible for providing unbiased perspectives on the board's policies.
Hongyu Xingas, CTO
Chi Zhang, Independent Director
Frank Lin, Independent Director
Xiaoguang Wu, Director
Xiaohua Chen, Chief Strategic Officer and CEO of 58 Home Bus. Units
Wei Ye, Deputy CFO
Dong Yang, Director
Minghui Xiang, Chief People Officer
Haoyong Yang, Co-Chairman and Co-CEO
Jinbo Yao, Co-Chairman, CEO and Pres
Hao Zhou, CFO
Jiandong Zhuang, Executive VP of Housing Bus. Group
ChengChun Yu, Independent Director
Mingke He, Senior Vice President - Sales
Chuan Zhang, Vice President - Product Management
Dong Duan, Sr. VP of Human Resource and Admin.
Hongyu Xing, CTO

58 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 58 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the 58 Inc information on this page should be used as a complementary analysis to other 58's 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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

Other Consideration for investing in 58 Stock

If you are still planning to invest in 58 Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the 58's history and understand the potential risks before investing.
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