While Private Companies Own 33% of XCMG Construction Machinery Co., Ltd. (SZSE:000425), Retail Investors Are Its Largest Shareholders With 42% Ownership
While Private Companies Own 33% of XCMG Construction Machinery Co., Ltd. (SZSE:000425), Retail Investors Are Its Largest Shareholders With 42% Ownership
Key Insights
主要见解
- XCMG Construction Machinery's significant retail investors ownership suggests that the key decisions are influenced by shareholders from the larger public
- 51% of the business is held by the top 10 shareholders
- Institutional ownership in XCMG Construction Machinery is 21%
- 徐工机械的重要零售投资者所有权表明,公司的关键决策受到更广泛的公众股东的影响。
- 前10大股东持有51%的股份。
- 徐工机械的机构持股比例为21%。
If you want to know who really controls XCMG Construction Machinery Co., Ltd. (SZSE:000425), then you'll have to look at the makeup of its share registry. With 42% stake, retail investors possess the maximum shares in the company. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).
如果你想知道谁真正控制徐工机械股份有限公司(SZSE:000425),那么你必须看看它的股权登记簿的构成。持有42%股份的零售投资者拥有公司中的最大股份。也就是说,如果股票上涨,该集团将获得最大的受益(或者说如果出现衰退,他们将遭受最大的损失)。
Meanwhile, private companies make up 33% of the company's shareholders.
与此同时,私人企业占该公司股东的33%。
Let's take a closer look to see what the different types of shareholders can tell us about XCMG Construction Machinery.
让我们更近距离地看一下不同类型的股东能告诉我们关于徐工机械的什么信息。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240717/0-5b62920783bbb57a09e04e4f3172f26e-0-c3fdbfa8117d8cecd082419d9c0b1fdf.png/big)
What Does The Institutional Ownership Tell Us About XCMG Construction Machinery?
机构持股比例能向我们展示关于徐工机械的哪些信息呢?
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。
We can see that XCMG Construction Machinery does have institutional investors; and they hold a good portion of the company's stock. 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. 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 XCMG Construction Machinery, (below). Of course, keep in mind that there are other factors to consider, too.
我们可以看到徐工机械确实有机构投资者;而且他们持有公司的很大一部分股票。这意味着那些机构的分析师已经看过这支股票并且他们喜欢它。但是,就像其他人一样,他们可能是错的。如果两个大型机构投资者同时试图出售某支股票,很常见看到股价大幅下跌。因此,值得检查一下徐工机械以往的盈利趋势(如下所示)。当然,也要记住还有其他要考虑的因素。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240717/0-5b62920783bbb57a09e04e4f3172f26e-1-d739f61abf2b261af9a1fd80edff19b0.png/big)
Hedge funds don't have many shares in XCMG Construction Machinery. The company's largest shareholder is Xuzhou Construction Machinery Group Co., Ltd., with ownership of 21%. For context, the second largest shareholder holds about 6.2% of the shares outstanding, followed by an ownership of 5.5% by the third-largest shareholder.
对于徐工机械来说,对冲基金持有的股份不多。该公司最大的股东是徐州工程机械股份有限公司,持有21%的股份。为了更好的理解,第二大股东持有约6.2%的流通股,第三大股东持股5.5%。
We also observed that the top 10 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10大股东持有超过半数股份,有一些较小的股东以一定程度上平衡更大股东的利益。
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. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.
虽然研究公司的机构所有权可以增加您的研究价值,但研究分析师建议是了解股票预期表现的更深入的做法。相当多的分析师都对该股票进行了研究,因此您可以轻松地查看预测增长。
Insider Ownership Of XCMG Construction Machinery
徐工机械的内部股权结构情况
While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. 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.
虽然内部人员的精确定义可能具有主观性,但几乎所有人都认为董事会成员是内部人员。管理层最终向董事会负责。然而,如果经理是创始人或CEO,那么他们成为执行董事会成员并不罕见。
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。
Our data cannot confirm that board members are holding shares personally. It is unusual not to have at least some personal holdings by board members, so our data might be flawed. A good next step would be to check how much the CEO is paid.
我们的数据无法确认董事会成员是否持有个人股份。董事会成员至少持有一些个人股份是不寻常的,因此我们的数据可能有缺陷。下一步可行的行动是检查CEO的薪资。
General Public Ownership
一般大众所有权
The general public, who are usually individual investors, hold a 42% stake in XCMG Construction Machinery. 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.
通常,一般公众是个体投资者,持有徐工机械的42%的股份。尽管这是相当大的股份,但如果决定与其他大股东不一致,很可能不足以改变公司的政策。
Private Equity Ownership
股权投资公司持有8.8%的股份,有能力参与塑造以价值创造为重点的公司策略。一些投资者可能会因此而受到鼓舞,因为股权投资公司有时可以鼓励市场看到公司的价值,从而采取有益的策略。另外,那些持有者可能在将其上市后退出投资。
Private equity firms hold a 5.0% stake in XCMG Construction Machinery. This suggests they can be influential in key policy decisions. Some investors might be encouraged by this, since private equity are sometimes able to encourage strategies that help the market see the value in the company. Alternatively, those holders might be exiting the investment after taking it public.
股权投资公司持有徐工机械的5.0%的股份。这表明他们在关键的政策决策中可能很有影响力。一些投资者可能会因此受到鼓舞,因为私募股权投资公司有时能够推动有助于市场理解公司价值的战略。此外,这些持有者可能是在将其上市后退出投资。
Private Company Ownership
私有公司的所有权
Our data indicates that Private Companies hold 33%, of the company's shares. 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.
我们的数据显示,私营公司持有该公司33%的股份。私有公司可能是关联方。有时内部人士通过持有私营公司的股份而不是通过个人身份拥有对公共公司的利益。尽管很难得出任何广泛的结论,但值得注意作为进一步研究的领域。
Next Steps:
下一步:
While it is well worth considering the different groups that own a company, there are other factors that are even more important. For instance, we've identified 1 warning sign for XCMG Construction Machinery that you should be aware of.
尽管考虑拥有公司的不同群体很值得,但还有其他更重要的因素。例如,我们已经确定了有1个警告标志涉及徐工机械,你应该注意这一点。
If you would prefer discover what analysts are predicting in terms of future growth, do not miss this free report on analyst forecasts.
如果您想发现分析师对未来增长的预测,请不要错过这份有关分析师预测的免费报告。
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。
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.
对本文有反馈?对内容感到担忧?请直接与我们联系。或者,发送电子邮件至editorial-team (at) simplywallst.com。
这篇文章是Simply Wall St的一般性文章。我们根据历史数据和分析师预测提供评论,只使用公正的方法论,我们的文章并不意味着提供任何金融建议。文章不构成买卖任何股票的建议,也不考虑您的目标或您的财务状况。我们的目标是带给您基本数据驱动的长期关注分析。请注意,我们的分析可能不考虑最新的价格敏感公司公告或定性材料。Simply Wall St没有任何股票头寸。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
对本文有反馈?对内容感到担忧?请直接与我们联系。或者,发送电子邮件至editorial-team@simplywallst.com。