Cinda Real Estate Co., Ltd.'s (SHSE:600657) Latest 9.4% Decline Adds to One-year Losses, Institutional Investors May Consider Drastic Measures
Cinda Real Estate Co., Ltd.'s (SHSE:600657) Latest 9.4% Decline Adds to One-year Losses, Institutional Investors May Consider Drastic Measures
Key Insights
主要见解
- Given the large stake in the stock by institutions, Cinda Real Estate's stock price might be vulnerable to their trading decisions
- The largest shareholder of the company is CINDA INVESTMENT Co.,LTD with a 54% stake
- Past performance of a company along with ownership data serve to give a strong idea about prospects for a business
- 考虑到机构在该股票中的大量持有,信达地产的股价可能会受到他们的交易决策的影响。
- 该公司最大的股东是中国金融资产管理公司,持股54%。
- 公司过去的业绩以及所有权数据,有助于形成对业务前景的强烈想法。
To get a sense of who is truly in control of Cinda Real Estate Co., Ltd. (SHSE:600657), 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 institutions. In other words, the group stands to gain the most (or lose the most) from their investment into the company.
为了了解谁真正控制着信达地产股份有限公司(SHSE:600657),了解业务的所有权架构非常重要。在该公司中持有最多股份(确切地说是约58%)的是机构。换句话说,这个团体从其投资中最有可能获得最多(或失去最多)利润。结果,随着市值下降CN¥1.1b,机构投资者在上周承受了最高的损失。最近的亏损为股东带来了一年15%的亏损,这可能对这群投资者不利。机构投资者通常被称为“聪明的钱”,因为他们拥有很大的影响力,可以影响股票价格的变动。因此,如果下跌趋势持续下去,机构投资者可能会受到卖出信达地产的压力,这可能会伤害个人投资者。在下面的图表中,我们可以看到信达地产的不同所有权群体。
As a result, institutional investors endured the highest losses last week after market cap fell by CN¥1.1b. The recent loss, which adds to a one-year loss of 15% for stockholders, may not sit well with this group of investors. Also referred to as "smart money", institutions have a lot of sway over how a stock's price moves. As a result, if the decline continues, institutional investors may be pressured to sell Cinda Real Estate which might hurt individual investors.
由于机构的巨额抱团持股,信达地产的股价可能会受到他们的交易决策的影响。因此,当市值下跌CN¥1.1b时,机构投资者遭受了最大的损失。最近的亏损加上一年的15%股东损失可能会影响到这个投资群体。机构投资者在股票价格变动中具有很大的影响力,因此,如果下跌趋势持续,机构投资者可能会面临出售信达地产的压力,这可能会对个人投资者产生不利影响。
In the chart below, we zoom in on the different ownership groups of Cinda Real Estate.
在下图中,我们可以放大观察信达地产的不同所有权群体。
![ownership-breakdown](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240529/0-903d5b927135b4264d437fce9d440c06-0-18be35f11e4d5cf909643a0ce19c820c.png/big)
What Does The Institutional Ownership Tell Us About Cinda Real Estate?
机构投资者在信达地产中拥有相当大的股份。这可能表明公司在投资界具有一定的信誉度。不过,最好注意不要过度依赖机构投资者所谓的认可,因为他们也会错。如果多家机构同时改变他们对股票的观点,股价可能会快速下跌。因此,值得注意的是,下面是信达地产的收益历史。当然,未来才是真正要考虑的问题。
Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.
机构投资者通常将自己的回报与常见的指数回报进行比较。因此,他们通常会考虑购买包括在相关基准指数中的较大公司。
As you can see, institutional investors have a fair amount of stake in Cinda Real Estate. 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. 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 Cinda Real Estate's earnings history below. Of course, the future is what really matters.
正如您所看到的,机构投资者在信达地产中拥有相当大的利益。这可能表明公司在投资界具有一定的可信度。但是,最好不要依赖机构投资者的认可,因为他们也可能做错事。如果多家机构同时改变他们对股票的观点,股价可能会快速下跌。因此,了解信达地产下面的收入历史也是值得注意的。当然,未来才是真正要考虑的问题。
![earnings-and-revenue-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240529/0-903d5b927135b4264d437fce9d440c06-1-82600c1de738aadd70077523011a340f.png/big)
Institutional investors own over 50% of the company, so together than can probably strongly influence board decisions. We note that hedge funds don't have a meaningful investment in Cinda Real Estate. CINDA INVESTMENT Co.,LTD is currently the company's largest shareholder with 54% of shares outstanding. With such a huge stake in the ownership, we infer that they have significant control of the future of the company. In comparison, the second and third largest shareholders hold about 19% and 3.2% of the stock.
机构投资者拥有公司的50%以上,因此他们可以共同强烈地影响董事会的决策。我们注意到,对于信达地产,对冲基金没有意义。目前,中国金融资产管理公司是公司的最大股东,持有54%的流通股份。由于拥有这么大的股份,我们推断他们对公司的未来具有重大的控制权。与之相比,第二和第三大股东各持有约19%和3.2%的股份。
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. As far as we can tell there isn't analyst coverage of the company, so it is probably flying under the radar.
尽管研究公司的机构所有权可以为您的研究增加价值,但还是研究分析师的建议,以深入了解股票预期表现,是一个好习惯。就我们所知,该公司没有分析师覆盖,因此可能没有引起注意。
Insider Ownership Of Cinda Real Estate
信达地产的内部持股情况
The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. 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.
公司内部人员的定义可能是主观的,并在不同的司法管辖区之间有所不同。我们的数据反映了个人内部人员,至少包括董事会成员。管理层最终向董事会负责。然而,经理们成为执行董事会成员并不罕见,尤其是如果他们是创始人或首席执行官。
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.
大多数人认为内部所有权是积极的,因为它可以表示董事会与其他股东的利益相一致。但是,在某些场合下,这个团体的权力过于集中。
We note our data does not show any board members holding shares, personally. Given we are not picking up on insider ownership, we may have missing data. Therefore, it would be interesting to assess the CEO compensation and tenure, here.
我们注意到我们的数据不显示任何董事会成员持有股份。考虑到我们没有掌握内部持股情况,我们可能有缺失的数据。因此,有趣的是评估首席执行官的薪酬和任期。
General Public Ownership
一般大众所有权
The general public-- including retail investors -- own 20% stake in the company, and hence can't easily be ignored. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders.
普通公众(包括散户投资者)拥有该公司20%的股份,因此不容易被忽视。虽然这一所有权规模相当大,但如果决定与其他大股东不一致,则可能不足以改变公司政策。
Private Company Ownership
私有公司的所有权
We can see that Private Companies own 19%, of the shares on issue. Private companies may be related parties. Sometimes insiders have an interest in a public company through a holding in a private company, rather than in their own capacity as an individual. While it's hard to draw any broad stroke conclusions, it is worth noting as an area for further research.
我们可以看到,私人公司拥有发行的股份19%。私人公司可能是相关方。有时内部人通过控股私人公司而非个人身份来对公共公司产生兴趣。虽然很难得出任何广泛的结论,但它值得注意作为进一步研究的一个领域。
Public Company Ownership
上市公司所有权
We can see that public companies hold 3.2% of the Cinda Real Estate shares on issue. We can't be certain but it is quite possible this is a strategic stake. The businesses may be similar, or work together.
我们可以看到,公共公司持有信达地产发行的股份的3.2%。我们无法确定,但很可能这是战略性股份。企业可能相似或者合作。
Next Steps:
下一步:
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. Be aware that Cinda Real Estate is showing 3 warning signs in our investment analysis , and 2 of those make us uncomfortable...
我觉得查看一家公司的实际所有权很有趣。但是,为了真正获得洞察力,我们还需要考虑其他信息。请注意,信达地产在我们的投资分析中显示了3个警告信号,其中2个让我们感到不安...
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.
当然,您可能会在其他地方找到一项出色的投资。因此,请查看此免费的有趣公司列表。
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:本文中的数据是使用最后一个财务报表日期结束的为期12个月的数据计算的。这可能与全年年度报告数据不一致。
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