COSCO SHIPPING Ports Limited's (HKG:1199) Stock Price Dropped 3.2% Last Week; Public Companies Would Not Be Happy
COSCO SHIPPING Ports Limited's (HKG:1199) Stock Price Dropped 3.2% Last Week; Public Companies Would Not Be Happy
Key Insights
主要见解
- Significant control over COSCO SHIPPING Ports by public companies implies that the general public has more power to influence management and governance-related decisions
- COSCO SHIPPING Holdings Co., Ltd. owns 69% of the company
- Insiders have bought recently
- 公共公司对中远海控的重要控制权意味着普通大众对管理和治理相关决策有更多的影响力。
- 中远海控控股69%的股份。
- 内部人士最近购买了股票。
Every investor in COSCO SHIPPING Ports Limited (HKG:1199) should be aware of the most powerful shareholder groups. The group holding the most number of shares in the company, around 69% to be precise, is public companies. Put another way, the group faces the maximum upside potential (or downside risk).
中远海控的每一位投资者都应该了解最强势的股东群体。拥有该公司最多股份的群体,准确来说占据了约69%,就是公共公司。换句话说,该群体面临的上行潜力(或下行风险)最大。
As market cap fell to HK$17b last week, public companies would have faced the highest losses than any other shareholder groups of the company.
由于市值上周降至170亿港元,公共公司将会比公司的其他股东群体承受最高的损失。
In the chart below, we zoom in on the different ownership groups of COSCO SHIPPING Ports.
下图是中远海控不同所有权群体比例的放大版。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240815/0-08379c3395463a00a14ec38f0e1250c1-0-3ac7438aef1d1c833c5ecb239d181b03.png/big)
What Does The Institutional Ownership Tell Us About COSCO SHIPPING Ports?
机构持股告诉我们关于中远海控的什么信息?
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.
许多机构衡量其业绩的标准是一个近似于当地市场的指数。因此,他们通常更加关注包括在主要指数中的公司。
We can see that COSCO SHIPPING Ports 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 COSCO SHIPPING Ports, (below). Of course, keep in mind that there are other factors to consider, too.
能够看到中远海控确实拥有机构投资者,他们持有公司的相当一部分股票。这意味着那些机构的分析师已经看过这支股票,他们喜欢它。但就像其他人一样,他们可能是错的。如果两个机构大投资者同时试图退出一只股票,股价经常会大幅下跌,这是很常见的。所以值得注意的是,还需考虑其他因素,包括以下的中远海控过去收益增长轨迹。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240815/0-08379c3395463a00a14ec38f0e1250c1-1-1d06378cb4fde6d243cc4ee240540c11.png/big)
Hedge funds don't have many shares in COSCO SHIPPING Ports. Our data shows that COSCO SHIPPING Holdings Co., Ltd. is the largest shareholder with 69% of shares outstanding. This essentially means that they have extensive influence, if not outright control, over the future of the corporation. For context, the second largest shareholder holds about 4.8% of the shares outstanding, followed by an ownership of 1.5% by the third-largest shareholder.
对于中远海控,基金并没有持有很多股份。我们的数据显示中远海控的最大股东为中远海控控股69%的股份。这基本上意味着,如果不是直接控制,他们对公司的未来有很大的影响力。至于第二大股东占据了约4.8%的股份,第三大股东则占据了1.5%的股份。
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. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future.
虽然仔细研究公司的机构持股数据是有意义的,但研究分析师对该股票的看法也是有意义的。有相当数量的分析师在跟踪该股票,因此了解他们对于未来发展的总体看法可能会有所帮助。
Insider Ownership Of COSCO SHIPPING Ports
中远海控的内部股权
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. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.
公司内部人员的定义可能是主观的,并且在不同的司法管辖区之间是不同的。我们的数据反映了个别内部人员,至少捕捉到了董事会成员。公司管理业务,但首席执行官即使是董事会成员也必须向董事会负责。
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.
我通常认为内部人士持股是一件好事。但是,在某些情况下,它会使其他股东更难以对董事会的决定进行问责。
Our most recent data indicates that insiders own less than 1% of COSCO SHIPPING Ports Limited. It is a pretty big company, so it would be possible for board members to own a meaningful interest in the company, without owning much of a proportional interest. In this case, they own around HK$5.2m worth of shares (at current prices). It is good to see board members owning shares, but it might be worth checking if those insiders have been buying.
我们最近的数据显示,中远海控股份较少属于公司内部股东。该公司规模较大,因此董事会成员可能拥有公司的有意义的利益,但相应的持股比例可能并不多。在这种情况下,他们持有价值约520万港元的股票(按当前价格计算)。看到董事会成员持有股票是好事,但值得注意的是,这些内部人员是否一直在购买股票。
General Public Ownership
一般大众所有权
With a 17% ownership, the general public, mostly comprising of individual investors, have some degree of sway over COSCO SHIPPING Ports. 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.
占中远海控17%股份的普通大众,主要由个体投资者组成,对该公司有一定的影响力。虽然该持股规模相当可观,但如果决策与其他大股东不同步,则可能无法改变公司政策。
Public Company Ownership
上市公司所有权
We can see that public companies hold 69% of the COSCO SHIPPING Ports shares on issue. It's hard to say for sure but this suggests they have entwined business interests. This might be a strategic stake, so it's worth watching this space for changes in ownership.
我们可以看到,公共公司持有中远海控已发行股份的约69%。虽然很难说,但这表明他们有纠缠的商业利益。这可能是一项战略性的投资,因此值得密切关注交易所所有权的变化。
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. To that end, you should be aware of the 2 warning signs we've spotted with COSCO SHIPPING Ports .
虽然考虑到拥有一家公司的不同群体值得,但有更重要的因素需要考虑。因此,你应该了解我们发现的两个COSCO SHIPPING Ports的警告信号。
Ultimately the future is most important. You can access this free report on analyst forecasts for the company.
最终,未来最重要。您可以在这份关于该公司分析师预测的免费报告中获取有关信息。
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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