The Recent 23% Gain Must Have Brightened Top Key Executive Luen Hei Wong's Week, China Lesso Group Holdings Limited's (HKG:2128) Most Bullish Insider
The Recent 23% Gain Must Have Brightened Top Key Executive Luen Hei Wong's Week, China Lesso Group Holdings Limited's (HKG:2128) Most Bullish Insider
Key Insights
關鍵見解
- China Lesso Group Holdings' significant insider ownership suggests inherent interests in company's expansion
- 69% of the company is held by a single shareholder (Luen Hei Wong)
- Institutions own 11% of China Lesso Group Holdings
- 中國聯塑集團控股公司擁有大量內部所有權,這表明公司擴張具有內在利益
- 該公司69%的股份由單一股東(黃聯希)持有
- 機構擁有中國聯塑集團控股公司11%的股份
Every investor in China Lesso Group Holdings Limited (HKG:2128) should be aware of the most powerful shareholder groups. The group holding the most number of shares in the company, around 69% to be precise, is individual insiders. In other words, the group stands to gain the most (or lose the most) from their investment into the company.
中國聯塑集團控股有限公司(HKG: 2128)的每位投資者都應該了解最強大的股東群體。持有公司股份最多的集團是個人內部人士,準確地說約爲69%。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)。
Clearly, insiders benefitted the most after the company's market cap rose by HK$2.3b last week.
顯然,上週該公司的市值上漲了23億港元之後,內部人士受益最大。
Let's delve deeper into each type of owner of China Lesso Group Holdings, beginning with the chart below.
讓我們從下圖開始,深入研究中國聯塑集團控股的每種類型的所有者。
What Does The Institutional Ownership Tell Us About China Lesso Group Holdings?
關於中國聯塑集團控股,機構所有權告訴我們什麼?
Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing.
機構在向自己的投資者報告時通常會根據基準來衡量自己,因此,一旦股票被納入主要指數,他們通常會對股票更加熱情。我們預計大多數公司都會有一些機構在冊,尤其是在它們正在成長的情況下。
As you can see, institutional investors have a fair amount of stake in China Lesso Group Holdings. 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. 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 China Lesso Group Holdings, (below). Of course, keep in mind that there are other factors to consider, too.
如您所見,機構投資者持有中國聯塑集團控股公司的大量股份。這意味着在這些機構工作的分析師已經看過這隻股票,他們很喜歡。但是就像其他人一樣,他們可能錯了。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,值得查看中國聯塑集團控股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。
China Lesso Group Holdings is not owned by hedge funds. Because actions speak louder than words, we consider it a good sign when insiders own a significant stake in a company. In China Lesso Group Holdings' case, its Top Key Executive, Luen Hei Wong, is the largest shareholder, holding 69% of shares outstanding. The second and third largest shareholders are The Vanguard Group, Inc. and Dimensional Fund Advisors LP, with an equal amount of shares to their name at 1.2%.
中國聯塑集團控股公司不歸對沖基金所有。因爲行動勝於雄辯,所以我們認爲當內部人士擁有公司的大量股份時,這是一個好兆頭。就中國聯塑集團控股而言,其最高管理人員黃聯喜是最大股東,持有69%的已發行股份。第二和第三大股東是Vanguard Group, Inc.和Dimensional Fund Advisors LP,持股量等於他們的名下,爲1.2%。
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 are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too.
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 China Lesso Group Holdings
中國聯塑集團控股的內幕所有權
While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves.
儘管內部人士的確切定義可能是主觀的,但幾乎每個人都認爲董事會成員是內部人士。公司管理層對董事會負責,後者應代表股東的利益。值得注意的是,有時高層管理人員自己也是董事會成員。
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.
大多數人認爲內部所有權是積極的,因爲這可能表明董事會與其他股東關係良好。但是,在某些情況下,過多的權力集中在該群體中。
Our information suggests that insiders own more than half of China Lesso Group Holdings Limited. This gives them effective control of the company. Given it has a market cap of HK$12b, that means insiders have a whopping HK$8.4b worth of shares in their own names. It is good to see this level of investment. You can check here to see if those insiders have been selling any of their shares.
我們的信息表明,內部人士擁有中國聯塑集團控股有限公司一半以上的股份。這使他們能夠有效控制公司。鑑於其市值爲120億港元,這意味着內部人士以自己的名義擁有高達84億港元的股票。很高興看到這樣的投資水平。你可以在這裏查看這些內部人士是否在出售他們的任何股票。
General Public Ownership
一般公有制
With a 19% ownership, the general public, mostly comprising of individual investors, have some degree of sway over China Lesso Group 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.
中國聯塑集團擁有19%的所有權,主要由個人投資者組成的公衆對中國聯塑集團控股有一定程度的影響力。儘管這種所有權規模可能不足以影響對他們有利的政策決定,但它們仍然可以對公司政策產生集體影響。
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 2 warning signs for China Lesso Group Holdings 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:我們已經發現了中國聯塑集團控股的兩個警告信號,你應該注意。
Ultimately the future is most important. You can access this free report on analyst forecasts for the company.
歸根結底,未來是最重要的。您可以訪問這份關於公司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。
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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.
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。