Every investor in Yuexiu Property Company Limited (HKG:123) should be aware of the most powerful shareholder groups. With 60% stake, private companies possess the maximum shares in the company. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).
As a result, private companies were the biggest beneficiaries of last week's 8.1% gain.
Let's take a closer look to see what the different types of shareholders can tell us about Yuexiu Property.
View our latest analysis for Yuexiu Property
SEHK:123 Ownership Breakdown September 9th 2022
What Does The Institutional Ownership Tell Us About Yuexiu Property?
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.
As you can see, institutional investors have a fair amount of stake in Yuexiu Property. 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. 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 Yuexiu Property's earnings history below. Of course, the future is what really matters.
SEHK:123 Earnings and Revenue Growth September 9th 2022
Yuexiu Property is not owned by hedge funds. The company's largest shareholder is Guangzhou Yuexiu Holding Limited, with ownership of 31%. Guangzhou Metro Group Co., Ltd. is the second largest shareholder owning 20% of common stock, and Novena Pacific Limited holds about 6.3% of the company stock.
After doing some more digging, we found that the top 2 shareholders collectively control more than half of the company's shares, implying that they have considerable power to influence the company's decisions.
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. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.
Insider Ownership Of Yuexiu Property
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.
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.
Our information suggests that Yuexiu Property Company Limited insiders own under 1% of the company. But they may have an indirect interest through a corporate structure that we haven't picked up on. 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 HK$68m worth of shares (at current prices). Arguably, recent buying and selling is just as important to consider. You can click here to see if insiders have been buying or selling.
General Public Ownership
The general public, who are usually individual investors, hold a 32% stake in Yuexiu Property. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies.
Private Company Ownership
It seems that Private Companies own 60%, of the Yuexiu Property stock. 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.
Next Steps:
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. Take risks for example - Yuexiu Property has 4 warning signs (and 1 which is significant) we think you should know about.
If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future.
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.
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.
越秀地产有限公司(HKG:123)的每一位投资者都应该知道最强大的股东群体。私营公司持有60%的股份,拥有该公司的最大股份。也就是说,如果股价上涨,该集团将受益最大(如果股价下跌,该集团将损失最大)。
因此,私营企业是上周8.1%涨幅的最大受益者。
让我们仔细看看不同类型的股东能告诉我们关于越秀地产的什么。
查看我们对越秀地产的最新分析
联交所:123拥有权分类2022年9月9日
关于越秀地产,机构所有权告诉了我们什么?
机构投资者通常将自己的回报与经常跟踪的指数的回报进行比较。因此,他们通常确实会考虑收购被纳入相关基准指数的较大公司。
如你所见,机构投资者在越秀地产拥有相当数量的股份。这意味着为这些机构工作的分析师已经看过了这只股票,他们喜欢它。但就像其他人一样,他们也可能错了。如果多家机构同时改变对一只股票的看法,你可能会看到股价迅速下跌。因此,下面越秀地产的盈利历史值得一看。当然,未来才是真正重要的。
联交所:123盈利及收入增长2022年9月9日
越秀地产不属于对冲基金所有。该公司最大股东为广州越秀控股有限公司,持股31%。广州地铁集团有限公司是第二大股东,持有20%的普通股,诺维纳太平洋有限公司持有公司约6.3%的股份。
在进一步挖掘后,我们发现,前两名股东共同控制着公司一半以上的股份,这意味着他们拥有相当大的权力来影响公司的决策。
虽然研究一家公司的机构所有权数据是有意义的,但研究分析师的情绪以了解风向也是有意义的。相当多的分析师追踪这只股票,所以你可以很容易地研究预测增长。
越秀地产的内部人所有权
尽管对内部人的准确定义可能是主观的,但几乎每个人都认为董事会成员是内部人。管理层最终要向董事会负责。然而,经理人担任执行董事会成员并不少见,尤其是如果他们是创始人或首席执行官的话。
我通常认为内部人持股是一件好事。然而,在某些情况下,这会让其他股东更难让董事会对决策负责。
我们的信息显示,越秀地产有限公司内部人士持有该公司不到1%的股份。但他们可能通过一种我们没有注意到的公司结构拥有间接利益。它是一家相当大的公司,因此董事会成员有可能在该公司拥有有意义的权益,而不是拥有太多按比例分配的权益。在这种情况下,他们拥有价值约6800万港元的股票(按当前价格计算)。可以说,最近的买入和卖出同样重要。你可以点击这里,看看内部人士是在买入还是卖出。
一般公有制
一般公众通常是个人投资者,他们持有越秀地产32%的股份。尽管这种规模的所有权可能不足以影响有利于他们的政策决定,但他们仍然可以对公司政策产生集体影响。
私营公司所有权
看来,民营企业拥有越秀地产60%的股份。或许有必要对此进行更深入的研究。如果关联方,如内部人士,对这些私营公司中的一家有利害关系,则应在年报中披露。私营公司也可能对该公司拥有战略利益。
接下来的步骤:
我发现看看到底是谁拥有一家公司是非常有趣的。但为了真正获得洞察力,我们还需要考虑其他信息。以风险为例-越秀地产4个警示标志(还有一点很重要)我们认为你应该知道。
如果你像我一样,你可能会想一想这家公司是会增长还是会萎缩。幸运的是,您可以查看这份显示分析师对其未来预测的免费报告。
注:本文中的数字是使用过去12个月的数据计算的,指的是截至财务报表日期的最后一个月的12个月期间。这可能与全年的年度报告数字不一致。
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本文由Simply Wall St.撰写,具有概括性。我们仅使用不偏不倚的方法提供基于历史数据和分析师预测的评论,我们的文章并不打算作为财务建议。它不构成买卖任何股票的建议,也没有考虑你的目标或你的财务状况。我们的目标是为您带来由基本面数据驱动的长期重点分析。请注意,我们的分析可能不会将最新的对价格敏感的公司公告或定性材料考虑在内。Simply Wall St.对上述任何一只股票都没有持仓。