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Yonghui Superstores Co., Ltd.'s (SHSE:601933) Last Week's 3.2% Decline Must Have Disappointed Individual Investors Who Have a Significant Stake

Yonghui Superstores Co., Ltd.'s (SHSE:601933) Last Week's 3.2% Decline Must Have Disappointed Individual Investors Who Have a Significant Stake

永輝超市有限公司 's(SHSE: 601933)上週3.2%的跌幅一定讓持有大量股份的個人投資者感到失望
Simply Wall St ·  01/10 07:15

Key Insights

關鍵見解

  • Yonghui Superstores' significant individual investors ownership suggests that the key decisions are influenced by shareholders from the larger public
  • A total of 4 investors have a majority stake in the company with 51% ownership
  • 16% of Yonghui Superstores is held by insiders
  • 永輝超市擁有大量個人投資者所有權,這表明關鍵決策受廣大公衆股東的影響
  • 共有4位投資者持有該公司的多數股權,所有權爲51%
  • 永輝超市16%的股份由內部人士持有

Every investor in Yonghui Superstores Co., Ltd. (SHSE:601933) should be aware of the most powerful shareholder groups. With 39% stake, individual investors possess the maximum shares in the company. Put another way, the group faces the maximum upside potential (or downside risk).

永輝超市有限公司(SHSE: 601933)的每位投資者都應該了解最強大的股東群體。個人投資者擁有39%的股份,擁有公司的最大股份。換句話說,該集團面臨最大的上行潛力(或下行風險)。

And last week, individual investors endured the biggest losses as the stock fell by 3.2%.

上週,個人投資者遭受了最大的損失,該股下跌了3.2%。

Let's delve deeper into each type of owner of Yonghui Superstores, beginning with the chart below.

讓我們從下圖開始,深入研究永輝超市的每種類型的所有者。

Check out our latest analysis for Yonghui Superstores

查看我們對永輝超市的最新分析

ownership-breakdown
SHSE:601933 Ownership Breakdown January 9th 2024
SHSE: 601933 所有權明細 2024 年 1 月 9 日

What Does The Institutional Ownership Tell Us About Yonghui Superstores?

關於永輝超市,機構所有權告訴我們什麼?

Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing.

機構在向自己的投資者報告時通常會根據基準來衡量自己,因此,一旦股票被納入主要指數,他們通常會變得更加熱情。我們預計大多數公司都會註冊一些機構,尤其是在它們成長的情況下。

Since institutions own only a small portion of Yonghui Superstores, many may not have spent much time considering the stock. But it's clear that some have; and they liked it enough to buy in. If the business gets stronger from here, we could see a situation where more institutions are keen to buy. When multiple institutional investors want to buy shares, we often see a rising share price. The past revenue trajectory (shown below) can be an indication of future growth, but there are no guarantees.

由於機構僅擁有永輝超市的一小部分,因此許多機構可能沒有花太多時間考慮這隻股票。但很明顯,有些人有;他們很喜歡它,足以買進。如果業務從此變得更加強大,我們可能會看到更多機構熱衷於收購的情況。當多個機構投資者想要購買股票時,我們經常會看到股價上漲。過去的收入軌跡(如下所示)可以預示未來的增長,但無法保證。

earnings-and-revenue-growth
SHSE:601933 Earnings and Revenue Growth January 9th 2024
SHSE: 601933 收益和收入增長 2024 年 1 月 9 日

Hedge funds don't have many shares in Yonghui Superstores. Jardine Matheson Holdings Limited is currently the company's largest shareholder with 21% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 14% and 8.9%, of the shares outstanding, respectively. Xuan-Song Zhang, who is the third-largest shareholder, also happens to hold the title of Chairman of the Board.

對沖基金在永輝超市的股份不多。怡和控股有限公司目前是該公司的最大股東,已發行股份爲21%。同時,第二和第三大股東分別持有已發行股份的14%和8.9%。第三大股東張宣松也恰好擁有董事會主席的頭銜。

To make our study more interesting, we found that the top 4 shareholders control more than half of the company which implies that this group has considerable sway over the company's decision-making.

爲了使我們的研究更有趣,我們發現前四名股東控制着公司一半以上的股份,這意味着該集團對公司的決策具有相當大的影響力。

While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future.

儘管研究公司的機構所有權數據是有意義的,但研究分析師的情緒以了解公衆輿論也是有意義的。有合理數量的分析師報道該股,因此了解他們對未來的總體看法可能會很有用。

Insider Ownership Of Yonghui Superstores

永輝超市的內部所有權

While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO.

儘管內部人士的確切定義可能是主觀的,但幾乎每個人都認爲董事會成員是內部人士。管理層最終對董事會負責。但是,經理成爲執行委員會成員的情況並不少見,尤其是當他們是創始人或首席執行官時。

Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances.

當內部所有權表明領導層像公司的真正所有者一樣思考時,內部所有權是積極的。但是,高度的內部所有權也可以賦予公司內部的一小部分人巨大的權力。在某些情況下,這可能是負面的。

Our information suggests that insiders maintain a significant holding in Yonghui Superstores Co., Ltd.. Insiders own CN¥3.9b worth of shares in the CN¥24b company. That's quite meaningful. Most would say this shows a good degree of alignment with shareholders, especially in a company of this size. You can click here to see if those insiders have been buying or selling.

我們的信息表明,內部人士持有永輝超市有限公司的大量股份。內部人士擁有這家240億元人民幣公司價值39億元人民幣的股份。這很有意義。大多數人會說,這表明了與股東的良好一致性,尤其是在如此規模的公司中。你可以點擊這裏查看這些內部人士是否在買入或賣出。

General Public Ownership

一般公有制

The general public-- including retail investors -- own 39% stake in the company, and hence can't easily be ignored. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders.

包括散戶投資者在內的公衆擁有該公司39%的股份,因此不容忽視。這種所有權規模雖然可觀,但如果決定與其他大股東不同步,可能不足以改變公司的政策。

Private Company Ownership

私人公司所有權

It seems that Private Companies own 5.4%, of the Yonghui Superstores stock. It's hard to draw any conclusions from this fact alone, so its worth looking into who owns those private companies. Sometimes insiders or other related parties have an interest in shares in a public company through a separate private company.

私人公司似乎擁有永輝超市5.4%的股份。僅憑這一事實很難得出任何結論,因此值得研究誰擁有這些私營公司。有時,內部人士或其他關聯方通過一家獨立的私人公司對上市公司的股份擁有權益。

Public Company Ownership

上市公司所有權

We can see that public companies hold 35% of the Yonghui Superstores shares on issue. This may be a strategic interest and the two companies may have related business interests. It could be that they have de-merged. This holding is probably worth investigating further.

我們可以看到,上市公司持有永輝超市35%的已發行股份。這可能是戰略利益,兩家公司可能有相關的商業利益。可能是他們已經消失了。這一裁定可能值得進一步調查。

Next Steps:

後續步驟:

It's always worth thinking about the different groups who own shares in a company. But to understand Yonghui Superstores better, we need to consider many other factors.

擁有公司股份的不同群體總是值得考慮的。但是,要更好地了解永輝超市,我們需要考慮許多其他因素。

I always like to check for a history of revenue growth. You can too, by accessing this free chart of historic revenue and earnings in this detailed graph.

我總是喜歡查看收入增長的歷史。您也可以通過訪問這張詳細圖表中的免費歷史收入和收益圖表。

But ultimately it is the future, not the past, that will determine how well the owners of this business will do. Therefore we think it advisable to take a look at this free report showing whether analysts are predicting a brighter future.

但歸根結底,決定該業務所有者的表現的是未來,而不是過去。因此,我們認爲最好看一下這份免費報告,該報告顯示分析師是否在預測更光明的未來。

NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.

注意:本文中的數字是使用過去十二個月的數據計算得出的,這些數據是指截至財務報表日期當月最後一天的12個月期間。這可能與全年年度報告數據不一致。

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

對這篇文章有反饋嗎?對內容感到擔憂?直接聯繫我們。 或者,給編輯團隊 (at) simplywallst.com 發送電子郵件。
Simply Wall St 的這篇文章本質上是籠統的。我們僅使用公正的方法提供基於歷史數據和分析師預測的評論,我們的文章並非旨在提供財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不會考慮最新的價格敏感型公司公告或定性材料。華爾街只是沒有持有上述任何股票的頭寸。

譯文內容由第三人軟體翻譯。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
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