Juewei Food Co., Ltd.'s (SHSE:603517) Last Week's 10% Decline Must Have Disappointed Private Companies Who Have a Significant Stake
Juewei Food Co., Ltd.'s (SHSE:603517) Last Week's 10% Decline Must Have Disappointed Private Companies Who Have a Significant Stake
Key Insights
关键见解
- Significant control over Juewei Food by private companies implies that the general public has more power to influence management and governance-related decisions
- A total of 6 investors have a majority stake in the company with 51% ownership
- Institutions own 22% of Juewei Food
- 私营公司对Juewei Food的重大控制意味着公众拥有更大的权力来影响管理和治理相关决策
- 共有6位投资者持有该公司的多数股权,所有权为51%
- 机构拥有觉味食品22%的股份
A look at the shareholders of Juewei Food Co., Ltd. (SHSE:603517) can tell us which group is most powerful. With 47% stake, private companies possess the maximum shares in the company. Put another way, the group faces the maximum upside potential (or downside risk).
看看觉味食品有限公司(SHSE: 603517)的股东可以告诉我们哪个集团最强大。私人公司拥有47%的股份,是该公司的最大股份。换句话说,该集团面临最大的上行潜力(或下行风险)。
And following last week's 10% decline in share price, private companies suffered the most losses.
继上周股价下跌10%之后,私营公司遭受的损失最大。
Let's take a closer look to see what the different types of shareholders can tell us about Juewei Food.
让我们仔细看看不同类型的股东能告诉我们有关Juewei Food的哪些信息。
![ownership-breakdown](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240311/0-d9c73cd9af2f6b30d203212dc92a46ea-0-19c200e8e08f032d9bf91d996679654e.png/big)
What Does The Institutional Ownership Tell Us About Juewei Food?
关于爵味食品,机构所有权告诉我们什么?
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.
许多机构根据近似于当地市场的指数来衡量自己的表现。因此,他们通常会更多地关注主要指数中包含的公司。
We can see that Juewei Food does have institutional investors; and they hold a good portion of the company's stock. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. 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 Juewei Food, (below). Of course, keep in mind that there are other factors to consider, too.
我们可以看到,Juewei Food确实有机构投资者;他们持有该公司很大一部分股票。这可能表明该公司在投资界具有一定程度的信誉。但是,最好谨慎行事,不要依赖机构投资者所谓的验证。他们也是,有时候会弄错。如果两个大型机构投资者试图同时抛售股票,股价大幅下跌的情况并不少见。因此,值得查看Juewei Food过去的收益轨迹(见下文)。当然,请记住,还有其他因素需要考虑。
![earnings-and-revenue-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240311/0-d9c73cd9af2f6b30d203212dc92a46ea-1-dd8aa00706ed2ffea7fafa8f9cec5f64.png/big)
Hedge funds don't have many shares in Juewei Food. Shanghai Jucheng Enterprise Development Partnership Enterprise (Limited Partnership) is currently the company's largest shareholder with 33% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 7.8% and 3.1%, of the shares outstanding, respectively.
对冲基金在 Juewei Food 的股票不多。上海聚成企业发展合伙企业(有限合伙)目前是公司的最大股东,已发行股份的33%。同时,第二和第三大股东分别持有已发行股份的7.8%和3.1%。
We also observed that the top 6 shareholders account for more than half of the share register, with a few smaller shareholders to balance the interests of the larger ones to a certain extent.
我们还观察到,前六名股东占股票登记册的一半以上,少数规模较小的股东可以在一定程度上平衡大股东的利益。
While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future.
虽然研究公司的机构所有权可以为您的研究增加价值,但研究分析师的建议以更深入地了解股票的预期表现也是一种好做法。有相当数量的分析师在报道该股,因此了解他们对未来的总体看法可能很有用。
Insider Ownership Of Juewei Food
Juewei Food 的内部所有权
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.
不同国家对内部人士的定义可能略有不同,但董事会成员总是计算在内。公司管理层对董事会的回答,董事会应代表股东的利益。值得注意的是,有时高层管理人员自己也在董事会中。
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.
我通常认为内部所有权是一件好事。但是,在某些情况下,这使其他股东更难追究董事会对决策的责任。
Our information suggests that Juewei Food Co., Ltd. insiders own under 1% of the company. However, it's possible that insiders might have an indirect interest through a more complex structure. It's a big company, so even a small proportional interest can create alignment between the board and shareholders. In this case insiders own CN¥101m worth of shares. It is good to see board members owning shares, but it might be worth checking if those insiders have been buying.
我们的信息表明,觉味食品有限公司内部人士拥有该公司不到1%的股份。但是,内部人士有可能通过更复杂的结构获得间接利益。这是一家大公司,因此即使是很小的比例权益也可以在董事会和股东之间建立一致。在本案中,内部人士拥有价值1.01亿元人民币的股票。很高兴看到董事会成员拥有股票,但可能值得检查一下这些内部人士是否在买入。
General Public Ownership
一般公有制
The general public-- including retail investors -- own 30% stake in the company, and hence can't easily be ignored. 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.
包括散户投资者在内的公众拥有该公司30%的股份,因此不容忽视。尽管这种所有权规模可能不足以影响对他们有利的政策决定,但它们仍然可以对公司政策产生集体影响。
Private Company Ownership
私人公司所有权
Our data indicates that Private Companies hold 47%, 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.
我们的数据表明,私人公司持有该公司47%的股份。可能值得对此进行更深入的研究。如果关联方,例如内部人士,对其中一家私营公司有兴趣,则应在年度报告中披露。私营公司也可能在公司中拥有战略利益。
Next Steps:
后续步骤:
It's always worth thinking about the different groups who own shares in a company. But to understand Juewei Food better, we need to consider many other factors. Take risks for example - Juewei Food has 2 warning signs we think you should be aware of.
拥有公司股份的不同群体总是值得考虑的。但是,要更好地了解Juewei Food,我们需要考虑许多其他因素。以风险为例-Juewei Food 有 2 个警告信号,我们认为您应该注意。
But ultimately it is the future, not the past, that will determine how well the owners of this business will do. Therefore we think it advisable to take a look at this free report showing whether analysts are predicting a brighter future.
但归根结底,决定这家企业所有者的表现的是未来,而不是过去。因此,我们认为最好看一下这份免费报告,该报告显示了分析师是否预测了更光明的未来。
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:本文中的数字是使用过去十二个月的数据计算得出的,这些数据是指截至财务报表日期当月最后一天的12个月期间。这可能与全年年度报告数据不一致。
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Simply Wall St的这篇文章本质上是笼统的。我们仅使用公正的方法根据历史数据和分析师的预测提供评论,我们的文章无意作为财务建议。它不构成买入或卖出任何股票的建议,也没有考虑到您的目标或财务状况。我们的目标是为您提供由基本数据驱动的长期重点分析。请注意,我们的分析可能不考虑最新的价格敏感型公司公告或定性材料。简而言之,华尔街没有持有任何上述股票的头寸。