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Ningbo Yunsheng Co., Ltd.'s (SHSE:600366) Market Cap Dropped CN¥362m Last Week; Individual Investors Bore the Brunt

Ningbo Yunsheng Co., Ltd.'s (SHSE:600366) Market Cap Dropped CN¥362m Last Week; Individual Investors Bore the Brunt

寧波雲升股份有限公司's(上海證券交易所代碼:600366)上週市值下降了3.62億元人民幣;個人投資者首當其衝
Simply Wall St ·  04/16 06:09

Key Insights

關鍵見解

  • Ningbo Yunsheng's significant individual investors ownership suggests that the key decisions are influenced by shareholders from the larger public
  • 44% of the business is held by the top 25 shareholders
  • Using data from company's past performance alongside ownership research, one can better assess the future performance of a company
  • 寧波韻升擁有大量個人投資者所有權,這表明關鍵決策受到廣大公衆股東的影響
  • 44% 的業務由前 25 名股東持有
  • 使用公司過去業績的數據以及所有權研究,可以更好地評估公司的未來表現

To get a sense of who is truly in control of Ningbo Yunsheng Co., Ltd. (SHSE:600366), it is important to understand the ownership structure of the business. We can see that individual investors own the lion's share in the company with 56% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.

要了解誰真正控制了寧波雲升股份有限公司(SHSE: 600366),了解業務的所有權結構非常重要。我們可以看到,個人投資者擁有公司的大部分股份,所有權爲56%。換句話說,該集團將從對公司的投資中獲得最多(或損失最大)。

And following last week's 5.0% decline in share price, individual investors suffered the most losses.

繼上週股價下跌5.0%之後,個人投資者遭受的損失最大。

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

讓我們從下表開始,深入研究寧波韻升的每種所有者。

ownership-breakdown
SHSE:600366 Ownership Breakdown April 15th 2024
SHSE: 600366 所有權明細 2024 年 4 月 15 日

What Does The Institutional Ownership Tell Us About Ningbo Yunsheng?

機構所有權告訴我們關於寧波韻升的哪些信息?

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常見指數的回報進行比較。因此,他們通常會考慮收購相關基準指數中包含的大型公司。

Ningbo Yunsheng already has institutions on the share registry. Indeed, they own a respectable stake in the company. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Ningbo Yunsheng's earnings history below. Of course, the future is what really matters.

寧波運盛已經在股份登記處設立了機構。事實上,他們擁有該公司可觀的股份。這表明專業投資者有一定的信譽。但是我們不能僅僅依靠這個事實,因爲機構有時會像所有人一樣進行不良投資。如果多家機構同時改變對股票的看法,你可能會看到股價快速下跌。因此,值得在下面查看寧波運盛的收益記錄。當然,未來才是真正重要的。

earnings-and-revenue-growth
SHSE:600366 Earnings and Revenue Growth April 15th 2024
SHSE: 600366 收益和收入增長 2024 年 4 月 15 日

Hedge funds don't have many shares in Ningbo Yunsheng. Ningbo Chengyuan Investment Co., Ltd. is currently the company's largest shareholder with 32% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 1.6% and 1.0%, of the shares outstanding, respectively.

對沖基金在寧波運盛的股份不多。寧波成源投資有限公司目前是該公司的最大股東,已發行股份的32%。同時,第二和第三大股東分別持有已發行股份的1.6%和1.0%。

On studying our ownership data, we found that 25 of the top shareholders collectively own less than 50% of the share register, implying that no single individual has a majority interest.

在研究我們的所有權數據時,我們發現25位大股東共同擁有的股份不到50%,這意味着沒有一個人擁有多數股權。

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 is some analyst coverage of the stock, but it could still become more well known, with time.

雖然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風向哪個方向吹來也是有意義的。有一些分析師對這隻股票的報道,但隨着時間的推移,它仍可能變得更加廣爲人知。

Insider Ownership Of Ningbo Yunsheng

寧波韻升的內部所有權

The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. 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.

公司內部人員的定義可能是主觀的,並且在不同的司法管轄區之間確實有所不同。我們的數據反映了個人內部人士,至少涵蓋了董事會成員。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 data suggests that insiders own under 1% of Ningbo Yunsheng Co., Ltd. in their own names. We do note, however, it is possible insiders have an indirect interest through a private company or other corporate structure. It appears that the board holds about CN¥58m worth of stock. This compares to a market capitalization of CN¥6.8b. We generally like to see a board more invested. However it might be worth checking if those insiders have been buying.

我們的數據表明,內部人士以自己的名義擁有寧波雲升股份有限公司不到1%的股份。但是,我們確實注意到,內部人士有可能通過私營公司或其他公司結構獲得間接利益。看來董事會持有價值約5800萬元人民幣的股票。相比之下,市值爲68億元人民幣。我們通常希望看到董事會投入更多資金。但是,可能值得檢查這些內部人士是否在買入。

General Public Ownership

一般公有制

The general public, mostly comprising of individual investors, collectively holds 56% of Ningbo Yunsheng shares. This level of ownership gives investors from the wider public some power to sway key policy decisions such as board composition, executive compensation, and the dividend payout ratio.

公衆主要由個人投資者組成,共持有寧波雲升56%的股份。這種所有權水平賦予了廣大公衆的投資者一定的權力,可以影響董事會組成、高管薪酬和股息支付率等關鍵政策決策。

Private Company Ownership

私人公司所有權

Our data indicates that Private Companies hold 37%, 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.

我們的數據表明,私人公司持有該公司37%的股份。可能值得對此進行更深入的研究。如果關聯方,例如內部人士,在其中一傢俬營公司中擁有權益,則應在年度報告中披露。私營公司也可能在公司中擁有戰略利益。

Next Steps:

後續步驟:

While it is well worth considering the different groups that own a company, there are other factors that are even more important. Consider risks, for instance. Every company has them, and we've spotted 1 warning sign for Ningbo Yunsheng you should know about.

儘管值得考慮擁有公司的不同群體,但還有其他因素更爲重要。例如,考慮風險。每家公司都有它們,我們已經發現了一個你應該知道的寧波雲升警告標誌。

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,決定這家企業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,該報告顯示了分析師是否預測了更光明的未來。

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根據歷史數據和分析師的預測提供評論,我們的文章無意作爲財務建議。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,我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之,華爾街沒有持有任何上述股票的頭寸。

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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