SOHO China Limited's (HKG:410) Market Cap Dropped HK$468m Last Week; Individual Investors Bore the Brunt
SOHO China Limited's (HKG:410) Market Cap Dropped HK$468m Last Week; Individual Investors Bore the Brunt
Key Insights
主要见解
- Significant control over SOHO China by individual investors implies that the general public has more power to influence management and governance-related decisions
- The top 2 shareholders own 64% of the company
- Insider ownership in SOHO China is 32%
- 个人投资者对SOHO中国的显著控制意味着公众有更大的权力影响与管理和治理相关的决策
- 最大的两个股东拥有公司64%的股份
- SOHO中国的内部人持股比例为32%
To get a sense of who is truly in control of SOHO China Limited (HKG:410), it is important to understand the ownership structure of the business. The group holding the most number of shares in the company, around 32% to be precise, is individual investors. Put another way, the group faces the maximum upside potential (or downside risk).
要弄清楚谁是SOHO中国有限公司(HKG:410)的真正控制权,了解该企业的所有权结构是很重要的。持有该公司股份最多的群体,准确地说约为32%,是个人投资者。换句话说,该集团面临着最大的上行潜力(或下行风险)。
And last week, individual investors endured the biggest losses as the stock fell by 8.8%.
上周,散户投资者遭受了最大的损失,股价下跌了8.8%。
Let's delve deeper into each type of owner of SOHO China, beginning with the chart below.
让我们从下面的图表开始,更深入地研究SOHO中国的每一种类型的所有者。
View our latest analysis for SOHO China
查看我们对SOHO中国的最新分析
![ownership-breakdown](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20230921/0-0e93b838ee0568dee6cbed209a1e146d-0-141d843cd60511a67e92b2756e41792e.png/big)
What Does The Institutional Ownership Tell Us About SOHO China?
关于SOHO中国,机构所有制告诉了我们什么?
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.
机构通常在向自己的投资者报告时,以基准来衡量自己,因此一旦一只股票被纳入主要指数,它们往往会对这只股票变得更加热情。我们预计,大多数公司都会有一些机构登记在册,特别是在它们正在增长的情况下。
Institutions have a very small stake in SOHO China. That indicates that the company is on the radar of some funds, but it isn't particularly popular with professional investors at the moment. If the company is growing earnings, that may indicate that it is just beginning to catch the attention of these deep-pocketed investors. It is not uncommon to see a big share price rise if multiple institutional investors are trying to buy into a stock at the same time. So check out the historic earnings trajectory, below, but keep in mind it's the future that counts most.
金融机构在SOHO中国持有的股份非常少。这表明该公司受到了一些基金的关注,但目前并不是特别受专业投资者的欢迎。如果该公司的收益在增长,这可能表明它才刚刚开始引起这些财力雄厚的投资者的注意。如果多个机构投资者试图同时买入一只股票,股价大幅上涨的情况并不少见。所以,看看下面的历史收益轨迹,但要记住,未来才是最重要的。
![earnings-and-revenue-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20230921/0-0e93b838ee0568dee6cbed209a1e146d-1-155cc396629dd6722d4cd205a333123d.png/big)
Hedge funds don't have many shares in SOHO China. Boyce Ltd is currently the largest shareholder, with 32% of shares outstanding. With 32% and 1.7% of the shares outstanding respectively, Pan Zhang Xin and The Vanguard Group, Inc. are the second and third largest shareholders.
对冲基金在SOHO中国持有的股份并不多。博伊斯有限公司目前是最大的股东,持有32%的流通股。潘石屹、张鑫和先锋集团分别占总流通股的32%和1.7%,分别为第二大和第三大股东。
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.
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。
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. We're not picking up on any analyst coverage of the stock at the moment, so the company is unlikely to be widely held.
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。目前,我们没有注意到分析师对该股的报道,因此该公司不太可能被广泛持有。
Insider Ownership Of SOHO China
SOHO中国的内部人所有权
The definition of an insider can differ slightly between different countries, but members of the board of directors always count. 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.
不同国家对内部人的定义可能略有不同,但董事会成员总是算数的。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。
Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances.
内部人持股是积极的,当它标志着领导层像公司的真正所有者一样思考时。然而,高内部人持股也可以给公司内部的一个小团体带来巨大的权力。在某些情况下,这可能是负面的。
It seems insiders own a significant proportion of SOHO China Limited. Insiders own HK$1.5b worth of shares in the HK$4.8b company. We would say this shows alignment with shareholders, but it is worth noting that the company is still quite small; some insiders may have founded the business. You can click here to see if those insiders have been buying or selling.
内部人士似乎拥有SOHO中国有限公司相当大的比例。内部人士持有这家市值48亿港元的公司价值15亿港元的股票。我们会说,这表明了与股东的一致,但值得注意的是,该公司仍相当小;一些内部人士可能创建了这家企业。你可以点击这里,看看这些内部人士是一直在买入还是卖出。
General Public Ownership
一般公有制
With a 32% ownership, the general public, mostly comprising of individual investors, have some degree of sway over SOHO China. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run.
持有32%股权的公众(主要由个人投资者组成)对SOHO中国有一定程度的影响力。虽然这群人不一定能发号施令,但它肯定能对公司的运营方式产生真正的影响。
Private Company Ownership
私营公司所有权
It seems that Private Companies own 32%, of the SOHO China 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.
看来,民营企业持有SOHO中国32%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。
Next Steps:
接下来的步骤:
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 SOHO China you should be aware of.
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。一个恰当的例子:我们发现了SOHO中国的2个警示标志你应该意识到。
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.
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。
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: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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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.
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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。