To get a sense of who is truly in control of S E A Holdings Limited (HKG:251), it is important to understand the ownership structure of the business. We can see that private companies 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.
As a result, private companies as a group endured the highest losses last week after market cap fell by HK$536m.
Let's take a closer look to see what the different types of shareholders can tell us about S E A Holdings.
Check out our latest analysis for S E A Holdings
SEHK:251 Ownership Breakdown October 18th 2022
What Does The Lack Of Institutional Ownership Tell Us About S E A Holdings?
Institutional investors often avoid companies that are too small, too illiquid or too risky for their tastes. But it's unusual to see larger companies without any institutional investors.
There are multiple explanations for why institutions don't own a stock. The most common is that the company is too small relative to funds under management, so the institution does not bother to look closely at the company. Alternatively, there might be something about the company that has kept institutional investors away. S E A Holdings might not have the sort of past performance institutions are looking for, or perhaps they simply have not studied the business closely.
SEHK:251 Earnings and Revenue Growth October 18th 2022
Hedge funds don't have many shares in S E A Holdings. Looking at our data, we can see that the largest shareholder is JCS Limited with 56% of shares outstanding. This essentially means that they have extensive influence, if not outright control, over the future of the corporation. With 18% and 1.0% of the shares outstanding respectively, Wing Chi Lu and Dimensional Fund Advisors LP are the second and third largest shareholders. Wing Chi Lu, who is the second-largest shareholder, also happens to hold the title of Top Key Executive.
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. As far as we can tell there isn't analyst coverage of the company, so it is probably flying under the radar.
Insider Ownership Of S E A Holdings
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.
Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group.
Our information suggests that insiders maintain a significant holding in S E A Holdings Limited. Insiders own HK$391m worth of shares in the HK$2.1b company. This may suggest that the founders still own a lot of shares. You can click here to see if they have been buying or selling.
General Public Ownership
The general public, who are usually individual investors, hold a 24% stake in S E A Holdings. 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
We can see that Private Companies own 56%, of the shares on issue. 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.
Next Steps:
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 S E A Holdings you should know about.
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.
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.
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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.
要弄清谁真正控制了东南亚控股有限公司(HKG:251),了解该企业的所有权结构是很重要的。我们可以看到,私营公司以56%的所有权拥有该公司的最大份额。换句话说,该集团将从他们对公司的投资中获得最大(或损失最大)。
其结果是,在市值缩水5.36亿港元后,民营企业作为一个整体上周遭受的损失最大。
让我们仔细看看不同类型的股东能告诉我们关于S E A Holdings的什么。
查看我们对S E A Holdings的最新分析
联交所:251拥有权分类2022年10月18日
机构所有权的缺失告诉了我们关于S E A Holdings的什么信息?
机构投资者往往会避开那些规模太小、流动性太差或风险太高的公司,这些公司对他们的口味来说太小了。但在没有任何机构投资者的情况下,看到较大的公司并不常见。
对于机构为何不持有股票,有多种解释。最常见的是,相对于管理下的资金,该公司规模太小,因此该机构不会费心密切关注该公司。或者,该公司可能有某些方面让机构投资者望而却步。S E A Holdings可能没有机构所寻找的那种过去的业绩,或者他们只是没有仔细研究过这项业务。
联交所:251盈利及收入增长2022年10月18日
对冲基金在S E A Holdings的股份并不多。看看我们的数据,我们可以看到,最大的股东是JCS Limited,持有56%的流通股。这本质上意味着他们对公司的未来有广泛的影响,如果不是完全控制的话。永智Lu和Dimension Fund Advisors LP分别持有已发行股份的18%和1.0%,是第二和第三大股东。作为第二大股东的永智Lu也恰好持有顶级高管的头衔。
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。据我们所知,没有分析师对该公司的报道,所以它很可能在雷达下飞行。
S E A Holdings的内部人所有权
公司内部人的定义可能是主观的,而且在不同的司法管辖区之间确实有所不同。我们的数据反映了个别内部人士,至少捕捉到了董事会成员。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。
大多数人认为内部人持股是积极的,因为它可以表明董事会与其他股东很好地结盟。然而,在某些情况下,太多的权力集中在这个群体中。
我们的信息显示,内部人士持有S E A Holdings Limited的大量股份。内部人士持有这家市值21亿港元的公司价值3.91亿港元的股票。这可能表明,创始人仍持有大量股份。您可以单击此处查看他们是在买入还是在卖出。
一般公有制
公众通常是个人投资者,他们持有S E A Holdings 24%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
我们可以看到,私营公司拥有56%的已发行股份。仅从这一事实很难得出任何结论,因此值得调查一下谁拥有这些私营公司。有时,内部人士或其他关联方通过一家独立的私人公司拥有上市公司的股份。
接下来的步骤:
虽然考虑拥有一家公司的不同集团是很值得的,但还有其他更重要的因素。例如,考虑一下风险。每家公司都有它们,我们已经发现S E A Holdings的1个警告标志你应该知道。
当然了,如果你把目光投向别处,你可能会发现这是一笔很棒的投资。所以让我们来看看这个免费有趣的公司名单。
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。