Significant control over Zhe Jiang Li Zi Yuan FoodLtd by private companies implies that the general public has more power to influence management and governance-related decisions
A total of 2 investors have a majority stake in the company with 54% ownership
Insiders own 30% of Zhe Jiang Li Zi Yuan FoodLtd
Every investor in Zhe Jiang Li Zi Yuan Food Co.,Ltd. (SHSE:605337) should be aware of the most powerful shareholder groups. And the group that holds the biggest piece of the pie are private companies with 35% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.
While insiders, who own 30% shares weren't spared from last week's CN¥414m market cap drop, private companies as a group suffered the maximum losses
Let's delve deeper into each type of owner of Zhe Jiang Li Zi Yuan FoodLtd, beginning with the chart below.
See our latest analysis for Zhe Jiang Li Zi Yuan FoodLtd
What Does The Institutional Ownership Tell Us About Zhe Jiang Li Zi Yuan FoodLtd?
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.
As you can see, institutional investors have a fair amount of stake in Zhe Jiang Li Zi Yuan FoodLtd. 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. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see Zhe Jiang Li Zi Yuan FoodLtd's historic earnings and revenue below, but keep in mind there's always more to the story.
We note that hedge funds don't have a meaningful investment in Zhe Jiang Li Zi Yuan FoodLtd. The company's largest shareholder is Zhejiang Lishui Shuidiquan Investment Development Co., Ltd., with ownership of 32%. With 22% and 5.3% of the shares outstanding respectively, Guoping Li and Xubin Wang are the second and third largest shareholders. Xubin Wang, who is the third-largest shareholder, also happens to hold the title of Member of the Board of Directors. Furthermore, CEO Wenxiu Zhu is the owner of 0.6% of the company's shares.
A more detailed study of the shareholder registry showed us that 2 of the top shareholders have a considerable amount of ownership in the company, via their 54% stake.
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.
Insider Ownership Of Zhe Jiang Li Zi Yuan FoodLtd
The definition of an insider can differ slightly between different countries, but members of the board of directors always count. 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.
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.
It seems insiders own a significant proportion of Zhe Jiang Li Zi Yuan Food Co.,Ltd.. It has a market capitalization of just CN¥5.3b, and insiders have CN¥1.6b worth of shares in their own names. It is great to see insiders so invested in the business. It might be worth checking if those insiders have been buying recently.
General Public Ownership
The general public-- including retail investors -- own 20% stake in the company, and hence can't easily be ignored. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run.
Private Company Ownership
We can see that Private Companies own 35%, of the shares on issue. 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:
While it is well worth considering the different groups that own a company, there are other factors that are even more important. Consider for instance, the ever-present spectre of investment risk. We've identified 2 warning signs with Zhe Jiang Li Zi Yuan FoodLtd , and understanding them should be part of your investment process.
If you would prefer discover what analysts are predicting in terms of future growth, do not miss this free report on analyst forecasts.
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.
关键见解
私营公司对Zhejiang Li Zi Yuan FoodLtd的重大控制意味着公众拥有更大的影响管理和治理相关决策的权力
共有2位投资者持有该公司的多数股权,所有权为54%
业内人士持有浙江李子园食品有限公司 30% 的股份
Zhe Jiang Li Zi Yuan Food Co. 的每位投资者, Ltd.(上海证券交易所代码:605337)应该知道最强大的股东群体。而持有最大份额的集团是拥有35%所有权的私营公司。换句话说,该集团将从对公司的投资中获得最多(或损失最大)。
让我们从下图开始,深入研究Zhejiang Li Zi Yuan FoodLtd的每种类型的所有者。
查看我们对Zhejiang Li Zi Yuan FoodLtd的最新分析
关于Zhejiang Li Zi Yuan FoodLtd,机构所有权告诉我们什么?
许多机构根据接近当地市场的指数来衡量其表现。因此,他们通常会更多地关注主要指数中包含的公司。
如你所见,机构投资者在Zhejiang Li Zi Yuan FoodLtd中持有相当数量的股份。这意味着在这些机构工作的分析师已经看过这只股票,他们很喜欢。但是就像其他人一样,他们可能错了。当多家机构拥有一只股票时,总是存在处于 “拥挤交易” 的风险。当这样的交易出错时,多方可能会竞相快速出售股票。对于没有增长历史的公司,这种风险更高。你可以在下面看到Zhe Jiang Li Zi Yuan FoodLtd的历史收益和收入,但请记住,故事总是有更多内容。
我们注意到,对冲基金没有对Zhe Jiang Li Zi Yuan FoodLtd进行有意义的投资。公司的最大股东是浙江丽水水地泉投资发展有限公司,持股比例为32%。李国平和王旭滨分别拥有22%和5.3%的已发行股份,是第二和第三大股东。作为第三大股东的王旭斌也恰好拥有董事会成员的头衔。此外,首席执行官朱文秀持有该公司0.6%的股份。