Private Companies Are Zhuzhou CRRC Times Electric Co., Ltd.'s (HKG:3898) Biggest Owners and Were Hit After Market Cap Dropped HK$2.8b
Private Companies Are Zhuzhou CRRC Times Electric Co., Ltd.'s (HKG:3898) Biggest Owners and Were Hit After Market Cap Dropped HK$2.8b
Key Insights
主要见解
- The considerable ownership by private companies in Zhuzhou CRRC Times Electric indicates that they collectively have a greater say in management and business strategy
- A total of 2 investors have a majority stake in the company with 51% ownership
- Institutions own 24% of Zhuzhou CRRC Times Electric
- 诸暨中车时代电气的私人企业持有大量股权,表明它们在管理和业务策略方面具有更大的发言权。
- 共有2位投资者拥有江苏长青新材料科技51%的所有权。
- 机构拥有诸暨中车时代电气24%的股份。
To get a sense of who is truly in control of Zhuzhou CRRC Times Electric Co., Ltd. (HKG:3898), it is important to understand the ownership structure of the business. With 50% stake, private companies possess the maximum shares in the company. Put another way, the group faces the maximum upside potential (or downside risk).
要了解诸暨中车时代电气有哪些真正掌控权,了解公司的所有权结构非常重要。私人企业持有该公司50%的股份。换句话说,这个群体面临着最大的上行潜力(或下行风险)。
And following last week's 6.2% decline in share price, private companies suffered the most losses.
上周股价下跌6.2%,私营企业遭受最大损失。
In the chart below, we zoom in on the different ownership groups of Zhuzhou CRRC Times Electric.
在下面的图表中,我们重点关注株洲中车时代电气的不同所有权群体。
![1724726993908](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240827/42907696-0-b115a4f1f8953fb64ee0a393528e974e.webp/bigjpg)
What Does The Institutional Ownership Tell Us About Zhuzhou CRRC Times Electric?
机构持股告诉我们什么关于株洲中车时代电气?
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。
Zhuzhou CRRC Times Electric already has institutions on the share registry. Indeed, they own a respectable stake in the company. 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 Zhuzhou CRRC Times Electric, (below). Of course, keep in mind that there are other factors to consider, too.
株洲中车时代电气已经有机构在股权登记册上。实际上,他们在公司拥有一定比例的股份。这意味着那些机构的分析师已经研究过这支股票并且他们喜欢它。但是就像其他人一样,他们也可能有错。如果两个大型机构投资者同时试图抛售一支股票,股价大幅下跌并不罕见。所以检查一下株洲中车时代电气的过去盈利走势是值得的(下面)。当然,也要考虑其他因素。
![1724726995231](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240827/42907696-1-152302517d91ea3677031b7a6e6b6b25.webp/bigjpg)
We note that hedge funds don't have a meaningful investment in Zhuzhou CRRC Times Electric. The company's largest shareholder is CRRC GROUP Co., Ltd., with ownership of 47%. In comparison, the second and third largest shareholders hold about 4.2% and 2.3% of the stock.
我们注意到,对珠海中车时代电气没有意义的投资。 公司最大的股东是中国中车集团有限公司,持有47%的股权。 相比之下,第二和第三大股东持有大约4.2%和2.3%的股票。
After doing some more digging, we found that the top 2 shareholders collectively control more than half of the company's shares, implying that they have considerable power to influence the company's decisions.
经过进一步挖掘,我们发现前两个股东共同控制了公司50%以上的股份,说明他们有相当大的影响力来影响公司的决策。
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 Zhuzhou CRRC Times Electric
珠海中车时代电气的内部所有权
While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.
虽然“内部人士”的明确定义具有主观性,但几乎所有人都认为董事会成员是内部人士。公司管理业务,但首席执行官即使是董事会成员,也要向董事会负责。
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 Zhuzhou CRRC Times Electric Co., Ltd.. We do note, however, it is possible insiders have an indirect interest through a private company or other corporate structure. It is a very large company, so it would be surprising to see insiders own a large proportion of the company. Though their holding amounts to less than 1%, we can see that board members collectively own HK$47k worth of shares (at current prices). It is always good to see at least some insider ownership, but it might be worth checking if those insiders have been selling.
我们最近的数据显示,内部人士持有株洲中车时代电气股份有限公司不到1%的股份。尽管如此,我们注意到,内部人士可能通过私人公司或其他公司结构间接持有利益。这是一家非常大的公司,所以如果内部人士拥有大量的公司股份,这将是令人惊讶的。虽然他们的持股量不到1%,但我们可以看到董事会成员共持有价值HK $4.7万元的股份(以当前价格计算)。看到至少有些内部人士持股总是好的,但可能值得检查这些内部人员是否一直在出售。
General Public Ownership
一般大众所有权
With a 26% ownership, the general public, mostly comprising of individual investors, have some degree of sway over Zhuzhou CRRC Times Electric. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run.
拥有26%的所有权的普通公众,主要包括个人投资者,在株洲中车时代电气上具有一定的影响力。虽然这个群体不能决定一切,但确实可以对公司的运营产生实际影响。
Private Company Ownership
私有公司的所有权
It seems that Private Companies own 50%, of the Zhuzhou CRRC Times Electric stock. 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.
株洲中国中车时代电气股份有限公司的股东中,似乎有50%是私有公司。 私有公司可能是相关方。 有时,内部人员可能通过拥有私有公司的股份,而不是作为个人拥有的方式,来表明他们在一家公开公司中的利益。 虽然很难得出任何笼统的结论,但这是一个值得进一步研究的领域。
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. Take risks for example - Zhuzhou CRRC Times Electric has 1 warning sign we think you should be aware of.
虽然考虑到拥有公司的不同群体是很值得的,但还有其他更重要的因素。 拿风险来说吧 - 株洲中国中车时代电气股份有限公司有一项警示信号,我们认为您应该了解。
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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