A look at the shareholders of China Oilfield Services Limited (HKG:2883) can tell us which group is most powerful. Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. Companies that have been privatized tend to have low insider ownership.
China Oilfield Services is a pretty big company. It has a market capitalization of HK$60b. Normally institutions would own a significant portion of a company this size. Our analysis of the ownership of the company, below, shows that institutional investors have bought into the company. Let's take a closer look to see what the different types of shareholders can tell us about China Oilfield Services.
See our latest analysis for China Oilfield Services
SEHK:2883 Ownership Breakdown August 16th 2022
What Does The Institutional Ownership Tell Us About China Oilfield Services?
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 China Oilfield Services. 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 China Oilfield Services' earnings history below. Of course, the future is what really matters.
SEHK:2883 Earnings and Revenue Growth August 16th 2022
China Oilfield Services is not owned by hedge funds. China National Offshore Oil Corporation is currently the largest shareholder, with 51% of shares outstanding. With such a huge stake in the ownership, we infer that they have significant control of the future of the company. Meanwhile, the second and third largest shareholders, hold 2.9% and 2.2%, of the shares outstanding, respectively.
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 China Oilfield Services
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. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.
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 China Oilfield Services 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. Keep in mind that it's a big company, and the insiders own HK$66k worth of shares. The absolute value might be more important than the proportional share. It is good to see board members owning shares, but it might be worth checking if those insiders have been buying.
General Public Ownership
With a 22% ownership, the general public, mostly comprising of individual investors, have some degree of sway over China Oilfield Services. 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.
Private Company Ownership
Our data indicates that Private Companies hold 51%, 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.
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. Be aware that China Oilfield Services is showing 2 warning signs in our investment analysis , 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.
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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.
看一眼中海油田服務有限公司(HKG:2883)的股東,我們就知道哪個集團最有權勢。大公司通常有機構作為股東,我們通常會看到內部人士持有小公司的股份。已經私有化的公司往往擁有較低的內部人持股。
中海油田服務是一家相當大的公司。其市值為600億港元。通常情況下,機構會持有如此規模的公司的很大一部分股份。我們對該公司所有權的分析顯示,機構投資者買入了該公司的股票。讓我們仔細看看不同類型的股東能為我們提供什麼關於中海油田服務的信息。
查看我們對中海油田服務的最新分析
聯交所:2883所有權分類2022年8月16日
關於中海油田服務,機構持股告訴了我們什麼?
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。
如你所見,機構投資者在中海油田服務公司持有相當數量的股份。這表明在專業投資者中有一定的可信度。但我們不能僅僅依靠這一事實,因為機構有時會做出糟糕的投資,就像每個人一樣。如果多家機構同時改變對一隻股票的看法,你可能會看到股價迅速下跌。因此,值得關注的是中海油田服務股份有限公司的盈利歷史。當然,未來才是真正重要的。
聯交所:2883盈利及收入增長2022年8月16日
中海油田服務並非由對衝基金所有。中國海洋石油總公司目前是最大股東,持有51%的流通股。由於擁有如此巨大的股權,我們推斷他們對公司的未來擁有重大控制權。與此同時,第二大和第三大股東分別持有2.9%和2.2%的流通股。
雖然研究一家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瞭解風向也是有意義的。相當多的分析師追蹤這隻股票,所以你可以很容易地研究預測增長。
中海油田服務的內部人持股
公司內部人的定義可能是主觀的,而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別內部人士,至少捕捉到了董事會成員。公司管理層管理企業,但首席執行官將向董事會負責,即使他或她是董事會成員。
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。
我們的信息顯示,中海油田服務有限公司內部人士持有該公司不到1%的股份。但他們可能通過一種我們沒有注意到的公司結構擁有間接利益。請記住,這是一家大公司,內部人士持有價值6.6萬港元的股票。絕對值可能比比例份額更重要。看到董事會成員持有股票是件好事,但可能值得檢查一下這些內部人士是否一直在買入。
一般公有制
持有22%股權的公眾,主要由個人投資者組成,對中海油田服務有一定程度的影響力。這種規模的所有權雖然可觀,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。
私營公司所有權
我們的數據顯示,私營公司持有該公司51%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。
接下來的步驟:
我發現看看到底是誰擁有一家公司是非常有趣的。但為了真正獲得洞察力,我們還需要考慮其他信息。請注意,中海油田服務公司正在展示我們的投資分析中的2個警告信號,你應該知道關於……
如果你像我一樣,你可能會想一想這家公司是會增長還是會萎縮。幸運的是,您可以查看這份顯示分析師對其未來預測的免費報告。
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。
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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。