Retail Investors in Shanghai Highly (Group) Co., Ltd. (SHSE:600619) Are Its Biggest Bettors, and Their Bets Paid off as Stock Gained 7.8% Last Week
Retail Investors in Shanghai Highly (Group) Co., Ltd. (SHSE:600619) Are Its Biggest Bettors, and Their Bets Paid off as Stock Gained 7.8% Last Week
Key Insights
关键见解
- Significant control over Shanghai Highly (Group) by retail investors implies that the general public has more power to influence management and governance-related decisions
- A total of 25 investors have a majority stake in the company with 42% ownership
- Using data from company's past performance alongside ownership research, one can better assess the future performance of a company
- 散户投资者对上海海立(集团)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25名投资者拥有该公司的多数股权,拥有42%的所有权
- 使用公司过去业绩的数据以及所有权研究,可以更好地评估公司的未来表现
To get a sense of who is truly in control of Shanghai Highly (Group) Co., Ltd. (SHSE:600619), it is important to understand the ownership structure of the business. The group holding the most number of shares in the company, around 58% to be precise, is retail investors. Put another way, the group faces the maximum upside potential (or downside risk).
要了解谁真正控制了上海海立(集团)有限公司(SHSE: 600619),了解该业务的所有权结构非常重要。持有该公司股份最多的集团是散户投资者,准确地说约为58%。换句话说,该集团面临最大的上行潜力(或下行风险)。
As a result, retail investors collectively scored the highest last week as the company hit CN¥5.0b market cap following a 7.8% gain in the stock.
结果,散户投资者上周集体得分最高,该公司的市值在股价上涨7.8%后达到50亿元人民币。
Let's take a closer look to see what the different types of shareholders can tell us about Shanghai Highly (Group).
让我们仔细看看不同类型的股东能告诉我们有关上海海立(集团)的哪些信息。
![ownership-breakdown](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240430/0-1c1d70c0b33b900c531ef1d3232d7821-0-6dd782fb7a2659f8ba8efd7471b9492f.png/big)
What Does The Institutional Ownership Tell Us About Shanghai Highly (Group)?
关于上海海立(集团),机构所有权告诉我们什么?
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.
机构在向自己的投资者报告时通常会根据基准来衡量自己,因此,一旦股票被纳入主要指数,他们通常会对股票更加热情。我们预计大多数公司都会有一些机构在册,尤其是在它们正在成长的情况下。
As you can see, institutional investors have a fair amount of stake in Shanghai Highly (Group). 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 Shanghai Highly (Group)'s earnings history below. Of course, the future is what really matters.
如您所见,机构投资者持有上海海立(集团)的大量股份。这表明专业投资者有一定的信誉。但是我们不能仅仅依靠这个事实,因为机构有时会像所有人一样进行不良投资。如果多家机构同时改变对股票的看法,你可能会看到股价快速下跌。因此,值得在下面查看上海海立(集团)的收益记录。当然,未来才是真正重要的。
![earnings-and-revenue-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240430/0-1c1d70c0b33b900c531ef1d3232d7821-1-185f767803449b0fd388e59c27b9503a.png/big)
Shanghai Highly (Group) is not owned by hedge funds. Shanghai Electric Holdings Group Co., Ltd. is currently the largest shareholder, with 27% of shares outstanding. Gree Electric Appliances, Inc. of Zhuhai is the second largest shareholder owning 8.5% of common stock, and Shanghai Guotai Junan Securities Asset Management Co., Ltd. holds about 2.7% of the company stock.
上海海立(集团)不归对冲基金所有。上海电气控股集团有限公司目前是最大股东,已发行股份27%。珠海格力电器股份有限公司是第二大股东,拥有8.5%的普通股,上海国泰君安证券资产管理有限公司持有该公司约2.7%的股份。
Our studies suggest that the top 25 shareholders collectively control less than half of the company's shares, meaning that the company's shares are widely disseminated and there is no dominant shareholder.
我们的研究表明,前25名股东共同控制的公司股份不到一半,这意味着该公司的股票分布广泛,没有占主导地位的股东。
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. As far as we can tell there isn't analyst coverage of the company, so it is probably flying under the radar.
研究机构所有权是衡量和筛选股票预期表现的好方法。通过研究分析师的情绪也可以达到同样的目的。据我们所知,没有分析师对该公司进行报道,因此它可能处于雷达之下。
Insider Ownership Of Shanghai Highly (Group)
上海海立(集团)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. 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.
不同国家对内部人士的定义可能略有不同,但董事会成员总是计算在内。管理层最终向董事会负责。但是,经理成为执行董事会成员的情况并不少见,特别是如果他们是创始人或首席执行官。
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 data suggests that insiders own under 1% of Shanghai Highly (Group) Co., Ltd. in their own names. We do note, however, it is possible insiders have an indirect interest through a private company or other corporate structure. It appears that the board holds about CN¥12m worth of stock. This compares to a market capitalization of CN¥5.0b. Many investors in smaller companies prefer to see the board more heavily invested. You can click here to see if those insiders have been buying or selling.
我们的数据显示,内部人士以自己的名义拥有上海海立(集团)有限公司不到1%的股份。但是,我们确实注意到,内部人士有可能通过私营公司或其他公司结构获得间接利益。看来董事会持有价值约1200万元人民币的股票。相比之下,市值为50亿元人民币。许多小型公司的投资者更愿意看到董事会加大投资力度。你可以点击这里查看这些内部人士是否在买入或卖出。
General Public Ownership
一般公有制
The general public, who are usually individual investors, hold a substantial 58% stake in Shanghai Highly (Group), suggesting it is a fairly popular stock. With this amount of ownership, retail investors can collectively play a role in decisions that affect shareholder returns, such as dividend policies and the appointment of directors. They can also exercise the power to vote on acquisitions or mergers that may not improve profitability.
公众通常是个人投资者,持有上海海立(集团)58%的大量股份,这表明这是一只相当受欢迎的股票。有了这么多的所有权,散户投资者可以在影响股东回报的决策中共同发挥作用,例如股息政策和董事任命。他们还可以对可能不会提高盈利能力的收购或合并行使投票权。
Private Company Ownership
私人公司所有权
It seems that Private Companies own 27%, of the Shanghai Highly (Group) 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.
私人公司似乎拥有上海海立(集团)27%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,则应在年度报告中予以披露。私营公司也可能在公司中拥有战略利益。
Public Company Ownership
上市公司所有权
It appears to us that public companies own 8.5% of Shanghai Highly (Group). This may be a strategic interest and the two companies may have related business interests. It could be that they have de-merged. This holding is probably worth investigating further.
在我们看来,上市公司拥有上海海立(集团)8.5%的股份。这可能是战略利益,两家公司可能有相关的商业利益。可能是他们已经消失了。这一裁定可能值得进一步调查。
Next Steps:
后续步骤:
While it is well worth considering the different groups that own a company, there are other factors that are even more important. Take risks for example - Shanghai Highly (Group) has 1 warning sign we think you should be aware of.
尽管值得考虑拥有公司的不同群体,但还有其他因素更为重要。以风险为例——上海海立(集团)有1个我们认为你应该注意的警告标志。
Of course this may not be the best stock to buy. So take a peek at this free free list of interesting companies.
当然,这可能不是最值得买入的股票。因此,来看看这份免费的有趣公司名单吧。
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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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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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。