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Private Companies Invested in Hexing Electrical Co.,Ltd. (SHSE:603556) Copped the Brunt of Last Week's CN¥1.0b Market Cap Decline

Private Companies Invested in Hexing Electrical Co.,Ltd. (SHSE:603556) Copped the Brunt of Last Week's CN¥1.0b Market Cap Decline

私人公司投資海興電氣有限公司, Ltd.(上海證券交易所代碼:603556)首當其衝地應對了上週10億元人民幣市值下跌的衝擊
Simply Wall St ·  05/21 08:08

Key Insights

關鍵見解

  • The considerable ownership by private companies in Hexing ElectricalLtd indicates that they collectively have a greater say in management and business strategy
  • Zhejiang Haixing Holding Group Co., Ltd. owns 56% of the company
  • 11% of Hexing ElectricalLtd is held by insiders
  • 私營公司在海興電氣有限公司擁有大量所有權,這表明它們在管理和業務戰略中集體擁有更大的發言權
  • 浙江海興控股集團有限公司擁有該公司 56% 的股份
  • 海興電氣股份有限公司11%的股份由內部人士持有

Every investor in Hexing Electrical Co.,Ltd. (SHSE:603556) should be aware of the most powerful shareholder groups. The group holding the most number of shares in the company, around 57% to be precise, is private companies. In other words, the group stands to gain the most (or lose the most) from their investment into the company.

海興電氣股份有限公司的每位投資者, Ltd.(上海證券交易所代碼:603556)應該知道最強大的股東群體。持有該公司股份最多的集團是私營公司,準確地說約爲57%。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)。

As a result, private companies as a group endured the highest losses last week after market cap fell by CN¥1.0b.

結果,在市值下降10億元人民幣之後,私營公司作爲一個整體承受了最大的損失。

In the chart below, we zoom in on the different ownership groups of Hexing ElectricalLtd.

在下圖中,我們放大了海興電氣有限公司的不同所有權群體。

ownership-breakdown
SHSE:603556 Ownership Breakdown May 21st 2024
SHSE: 603556 所有權明細 2024 年 5 月 21 日

What Does The Institutional Ownership Tell Us About Hexing ElectricalLtd?

關於海興電氣有限公司,機構所有權告訴我們什麼?

Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices.

許多機構根據近似於當地市場的指數來衡量自己的表現。因此,他們通常會更多地關注主要指數中包含的公司。

We can see that Hexing ElectricalLtd does have institutional investors; and they hold a good portion of the company's stock. 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. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of Hexing ElectricalLtd, (below). Of course, keep in mind that there are other factors to consider, too.

我們可以看到,海興電氣確實有機構投資者;他們持有該公司很大一部分股票。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。如果兩個大型機構投資者試圖同時拋售股票,股價大幅下跌的情況並不少見。因此,值得一看海興電氣有限公司過去的收益軌跡(見下文)。當然,請記住,還有其他因素需要考慮。

earnings-and-revenue-growth
SHSE:603556 Earnings and Revenue Growth May 21st 2024
SHSE: 603556 收益和收入增長 2024 年 5 月 21 日

We note that hedge funds don't have a meaningful investment in Hexing ElectricalLtd. Zhejiang Haixing Holding Group Co., Ltd. is currently the company's largest shareholder with 56% of shares outstanding. This essentially means that they have extensive influence, if not outright control, over the future of the corporation. With 8.8% and 4.7% of the shares outstanding respectively, Xiao Qing Li and Hong Kong Exchanges & Clearing Limited, Asset Management Arm are the second and third largest shareholders. Xiao Qing Li, who is the second-largest shareholder, also happens to hold the title of Chief Financial Officer.

我們注意到,對沖基金沒有對海興電氣進行有意義的投資。浙江海興控股集團有限公司目前是該公司的最大股東,已發行股份的56%。這實質上意味着他們對公司的未來具有廣泛的影響力,甚至是完全的控制權。李小青和香港交易及結算所有限公司資產管理部門分別佔已發行股份的8.8%和4.7%,是第二和第三大股東。第二大股東李小青也恰好擁有首席財務官的頭銜。

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 are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too.

研究機構所有權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目的。有很多分析師在報道該股,因此可能也值得一看他們的預測。

Insider Ownership Of Hexing ElectricalLtd

海興電氣有限公司的內部所有權

The definition of an insider can differ slightly between different countries, but members of the board of directors always count. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.

不同國家對內部人員的定義可能略有不同,但董事會成員總是計算在內。公司管理層經營業務,但首席執行官將向董事會負責,即使他或她是董事會成員。

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。

It seems insiders own a significant proportion of Hexing Electrical Co.,Ltd.. It is very interesting to see that insiders have a meaningful CN¥2.7b stake in this CN¥25b business. Most would be pleased to see the board is investing alongside them. You may wish to access this free chart showing recent trading by insiders.

內部人士似乎擁有海興電氣公司的很大一部分股份。,有限公司。有趣的是,內部人士在這項250億元的業務中擁有27億元人民幣的大量股份。大多數人會很高興看到董事會與他們一起投資。您不妨訪問這張顯示內部人士近期交易的免費圖表。

General Public Ownership

一般公有制

The general public, who are usually individual investors, hold a 19% stake in Hexing ElectricalLtd. 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.

公衆通常是個人投資者,持有海興電氣股份有限公司19%的股份。這種所有權規模雖然可觀,但如果決策與其他大股東不同步,可能不足以改變公司政策。

Private Company Ownership

私人公司所有權

It seems that Private Companies own 57%, of the Hexing ElectricalLtd stock. Private companies may be related parties. Sometimes insiders have an interest in a public company through a holding in a private company, rather than in their own capacity as an individual. While it's hard to draw any broad stroke conclusions, it is worth noting as an area for further research.

私人公司似乎擁有海興電氣股份有限公司57%的股份。私營公司可能是關聯方。有時,內部人士通過控股私營公司而對上市公司擁有權益,而不是以個人身份擁有權益。儘管很難得出任何寬泛的結論,但值得注意的是,這是一個需要進一步研究的領域。

Next Steps:

後續步驟:

I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. Case in point: We've spotted 1 warning sign for Hexing ElectricalLtd you should be aware of.

我覺得看看究竟誰擁有一家公司非常有趣。但是,要真正獲得見解,我們還需要考慮其他信息。一個很好的例子:我們已經發現了一個你應該注意的海興電氣警告標誌。

If you would prefer discover what analysts are predicting in terms of future growth, do not miss this free report on analyst forecasts.

如果你想了解分析師對未來增長的預測,千萬不要錯過這份關於分析師預測的免費報告。

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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