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AVIC Industry-Finance Holdings Co., Ltd.'s (SHSE:600705) Largest Shareholders Are Private Companies Who Were Rewarded as Market Cap Surged CN¥7.2b Last Week

AVIC Industry-Finance Holdings Co., Ltd.'s (SHSE:600705) Largest Shareholders Are Private Companies Who Were Rewarded as Market Cap Surged CN¥7.2b Last Week

中航工業-金融控股股份有限公司 's(上週股東代號:600705)最大股東是上週市值飆升,獲得獎勵的私人公司
Simply Wall St ·  2023/02/02 08:25

If you want to know who really controls AVIC Industry-Finance Holdings Co., Ltd. (SHSE:600705), then you'll have to look at the makeup of its share registry. With 53% stake, private companies possess the maximum shares in the company. Put another way, the group faces the maximum upside potential (or downside risk).

如果你想知道誰真正控制了中航工業金融控股有限公司(上交所代碼:600705),那麼你就得看看它的股票登記簿的構成。私營公司持有53%的股份,擁有該公司的最大股份。換句話説,該集團面臨着最大的上行潛力(或下行風險)。

Clearly, private companies benefitted the most after the company's market cap rose by CN¥7.2b last week.

顯然,在上週該公司市值增加72億元后,民營企業受益最大。

Let's take a closer look to see what the different types of shareholders can tell us about AVIC Industry-Finance Holdings.

讓我們仔細看看不同類型的股東能告訴我們關於中航產融控股的信息。

View our latest analysis for AVIC Industry-Finance Holdings

查看我們對中航工業的最新分析-金融控股

ownership-breakdown
SHSE:600705 Ownership Breakdown February 2nd 2023
上海證交所:600705所有權明細2023年2月2日

What Does The Institutional Ownership Tell Us About AVIC Industry-Finance Holdings?

關於中航工業金融控股,機構持股告訴了我們什麼?

Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.

機構投資者通常將自己的回報與經常跟蹤的指數的回報進行比較。因此,他們通常確實會考慮收購被納入相關基準指數的較大公司。

AVIC Industry-Finance Holdings already has institutions on the share registry. Indeed, they own a respectable stake in the company. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see AVIC Industry-Finance Holdings' historic earnings and revenue below, but keep in mind there's always more to the story.

中航工業金融控股股份有限公司已有登記在冊的機構。事實上,他們在該公司擁有可觀的股份。這意味着為這些機構工作的分析師已經看過了這隻股票,他們喜歡它。但就像其他人一樣,他們也可能錯了。當多家機構持有一隻股票時,它們總是面臨“擁擠交易”的風險。當這樣的交易出錯時,多方可能會競相快速拋售股票。在一家沒有增長曆史的公司,這一風險更高。你可以在下面看到中航工業金融控股公司的歷史收益和收入,但請記住,故事總是有更多的內容。

earnings-and-revenue-growth
SHSE:600705 Earnings and Revenue Growth February 2nd 2023
上海證交所:600705收益和收入增長2023年2月2日

We note that hedge funds don't have a meaningful investment in AVIC Industry-Finance Holdings. Aviation Industry Corporation of China,Ltd. is currently the company's largest shareholder with 48% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 2.2% and 2.2%, of the shares outstanding, respectively.

我們注意到,對衝基金沒有對中航工業金融控股進行有意義的投資。中國航空工業集團有限公司目前是該公司的第一大股東,持有48%的流通股。與此同時,第二大和第三大股東分別持有2.2%和2.2%的流通股。

After doing some more digging, we found that the top 3 shareholders collectively control more than half of the company's shares, implying that they have considerable power to influence the company's decisions.

經過進一步挖掘,我們發現,前3名股東合計控制了公司一半以上的股份,這意味着他們擁有相當大的權力來影響公司的決策。

Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. There is some analyst coverage of the stock, but it could still become more well known, with time.

研究機構持股是衡量和篩選股票預期表現的好方法。通過研究分析師的情緒,也可以達到同樣的效果。有一些分析師對該股的報道,但隨着時間的推移,它仍可能變得更加廣為人知。

Insider Ownership Of AVIC Industry-Finance Holdings

中航工業-金融控股的內部人所有權

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.

儘管對內部人的準確定義可能是主觀的,但幾乎每個人都認為董事會成員是內部人。管理層最終要向董事會負責。然而,經理人擔任執行董事會成員並不少見,尤其是如果他們是創始人或首席執行官的話。

I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions.

我通常認為內部人持股是一件好事。然而,在某些情況下,這會讓其他股東更難讓董事會對決策負責。

Our information suggests that AVIC Industry-Finance Holdings Co., Ltd. insiders own under 1% of the company. We do note, however, it is possible insiders have an indirect interest through a private company or other corporate structure. It is a pretty big company, so it would be possible for board members to own a meaningful interest in the company, without owning much of a proportional interest. In this case, they own around CN¥9.2m worth of shares (at current prices). It is always good to see at least some insider ownership, but it might be worth checking if those insiders have been selling.

我們的信息顯示,中航工業金融控股有限公司內部人士持有該公司不到1%的股份。然而,我們確實注意到,內部人士可能通過私人公司或其他公司結構擁有間接利益。它是一家相當大的公司,因此董事會成員有可能在該公司擁有有意義的權益,而不是擁有太多按比例分配的權益。在這種情況下,他們擁有價值約920萬元人民幣的股票(按當前價格計算)。至少看到一些內部人士持股總是好的,但可能值得檢查一下這些內部人士是否一直在拋售。

General Public Ownership

一般公有制

The general public-- including retail investors -- own 41% stake in the company, and hence can't easily be ignored. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run.

包括散户投資者在內的普通公眾持有該公司41%的股份,因此不能輕易忽視。雖然這羣人不一定能發號施令,但它肯定能對公司的運營方式產生真正的影響。

Private Company Ownership

私營公司所有權

Our data indicates that Private Companies hold 53%, of the company's shares. It might be worth looking deeper into this. If related parties, such as insiders, have an interest in one of these private companies, that should be disclosed in the annual report. Private companies may also have a strategic interest in the company.

我們的數據顯示,私營公司持有該公司53%的股份。或許有必要對此進行更深入的研究。如果關聯方,如內部人士,對這些私營公司中的一家有利害關係,則應在年報中披露。私營公司也可能對該公司擁有戰略利益。

Next Steps:

接下來的步驟:

While it is well worth considering the different groups that own a company, there are other factors that are even more important. Be aware that AVIC Industry-Finance Holdings is showing 3 warning signs in our investment analysis , and 1 of those is a bit unpleasant...

雖然考慮擁有一家公司的不同集團是很值得的,但還有其他更重要的因素。請注意,中航工業金融控股公司正在展示我們的投資分析中的3個警告信號,其中一條有點令人不快...

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.

但最終這就是未來,而不是過去,這將決定這家企業的所有者將做得多好。因此,我們認為,看看這份免費報告是明智的,它顯示了分析師是否預測到了更光明的未來。

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:本文中的數字是使用過去12個月的數據計算的,指的是截至財務報表日期的最後一個月的12個月期間。這可能與全年的年度報告數字不一致。

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.

對這篇文章有什麼反饋嗎?擔心內容嗎? 保持聯繫直接與我們聯繫。或者,也可以給編輯組發電子郵件,地址是implywallst.com。
本文由Simply Wall St.撰寫,具有概括性。我們僅使用不偏不倚的方法提供基於歷史數據和分析師預測的評論,我們的文章並不打算作為財務建議。它不構成買賣任何股票的建議,也沒有考慮你的目標或你的財務狀況。我們的目標是為您帶來由基本面數據驅動的長期重點分析。請注意,我們的分析可能不會將最新的對價格敏感的公司公告或定性材料考慮在內。Simply Wall St.對上述任何一隻股票都沒有持倉。

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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