XTC New Energy Materials(Xiamen) Co.,Ltd.'s (SHSE:688778) Market Cap Surged CN¥711m Last Week, Public Companies Who Have a Lot Riding on the Company Were Rewarded
XTC New Energy Materials(Xiamen) Co.,Ltd.'s (SHSE:688778) Market Cap Surged CN¥711m Last Week, Public Companies Who Have a Lot Riding on the Company Were Rewarded
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. Key Insights
主要见解
- XTC New Energy Materials(Xiamen)Ltd's significant public companies ownership suggests that the key decisions are influenced by shareholders from the larger public
- Xiamen Tungsten Co.,Ltd. owns 50% of the company
- Using data from analyst forecasts alongside ownership research, one can better assess the future performance of a company
- 福建新能源物料（厦门）有限公司的重要上市公司所有权意味着关键决策受到更大公众股东的影响
- 厦门钨业有限公司拥有该公司50%的股份
- 通过分析师预测数据和所有权研究，您可以更好地评估公司未来的业绩。
To get a sense of who is truly in control of XTC New Energy Materials(Xiamen) Co.,Ltd. (SHSE:688778), it is important to understand the ownership structure of the business. The group holding the most number of shares in the company, around 55% to be precise, is public companies. Put another way, the group faces the maximum upside potential (or downside risk).
要了解谁真正控制着福建新能源物料(厦门)有限公司（SHSE:688778），重要的是要了解企业的所有权结构。公司持有最多股份的集团，确切地说约占55%，是上市公司。换句话说，该集团面临着最大的上行潜力（或下行风险）。
Clearly, public companies benefitted the most after the company's market cap rose by CN¥711m last week.
显然，上周公司的市值增加了71100万元，公共公司受益最多。
In the chart below, we zoom in on the different ownership groups of XTC New Energy Materials(Xiamen)Ltd.
在下面的图表中，我们放大了厦门新能源材料有限公司(Xiamen)的不同所有权群体。
What Does The Institutional Ownership Tell Us About XTC New Energy Materials(Xiamen)Ltd?
机构持股告诉我们关于厦门新能源材料(Xiamen)有限公司的情况？
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.
机构通常在向自己的投资者报告时会针对一个基准进行衡量，因此一旦某只股票被纳入主要指数，他们通常会更加热衷于该股票。我们预计大多数公司都会有一些机构在登记簿上，尤其是那些正在增长的公司。
XTC New Energy Materials(Xiamen)Ltd already has institutions on the share registry. Indeed, they own a respectable stake in the company. 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. 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 XTC New Energy Materials(Xiamen)Ltd, (below). Of course, keep in mind that there are other factors to consider, too.
厦门新能源材料(Xiamen)有限公司的股东名单已经包括机构。实际上，他们在公司拥有一定的股份。这可能表明公司在投资社区有一定的信誉度。然而，在依赖机构投资者带来的所谓认可时最好谨慎。他们有时也会出错。如果两家大型机构投资者同时尝试卖出股票，股价大幅下跌并不罕见。所以值得检查一下厦门新能源材料(Xiamen)有限公司的过去收益轨迹（如下图）。当然，也要记住还有其他因素需要考虑。
We note that hedge funds don't have a meaningful investment in XTC New Energy Materials(Xiamen)Ltd. Xiamen Tungsten Co.,Ltd. is currently the company's largest shareholder with 50% of shares outstanding. This implies that they have majority interest control of the future of the company. Fujian Yekong Equity Investment Management Co., Ltd. is the second largest shareholder owning 8.0% of common stock, and Ningbo Haicheng Lingzun Venture Capital Partnership Enterprise (Limited Partnership) holds about 7.3% of the company stock.
我们注意到对XTC新能源物料（厦门）有意义的投资，并不是对Xiamen Tungsten Co.,Ltd. 创投造成影响。厦门钨业有50%的流通股，是目前该公司最大的股东。这意味着他们控制着未来公司的多数利益。福建业控股权投资管理有限公司是第二大股东，拥有8.0%的普通股，宁波海澄凌尊创投企业（有限合伙）持有约7.3%的公司股份。
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. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too.
研究机构所有权是衡量和过滤股票预期性能的好方法。通过研究分析师的情绪，也可以实现同样的效果。很多分析师都在关注该股票，看看他们的预测值得不值得。
Insider Ownership Of XTC New Energy Materials(Xiamen)Ltd
XTC新能源物料（厦门）有限公司的内部持股情况
While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves.
虽然内部人员的具体定义可能是主观的，但几乎所有人都认为董事会成员是内部人员。公司管理层应向董事会回答问题，后者应代表股东的利益。值得注意的是，有时高层管理人员也会成为董事会成员。
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 data cannot confirm that board members are 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.
我们的数据无法确认董事会成员个人持有股份。由于我们不能获悉内部持股情况，因此可能存在缺失数据。因此，评估首席执行官的报酬和任期很有趣。
General Public Ownership
一般大众所有权
With a 18% ownership, the general public, mostly comprising of individual investors, have some degree of sway over XTC New Energy Materials(Xiamen)Ltd. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies.
作为股东持有18%股份，主要由个人投资者组成的普通大众对厦门钨业新能源材料有一定的影响力。虽然这种所有权规模可能不足以在政策决定中左右他们的利益，但他们仍然可以对公司政策产生集体影响。
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 8.0% stake in XTC New Energy Materials(Xiamen)Ltd. This suggests they can be influential in key policy decisions. Sometimes we see private equity stick around for the long term, but generally speaking they have a shorter investment horizon and -- as the name suggests -- don't invest in public companies much. After some time they may look to sell and redeploy capital elsewhere.
股权投资公司持有厦门钨业新能源材料8.0%的股份。这表明他们在关键政策决定中可以发挥影响力。有时，我们看到股权投资公司会长期持有股份，但一般来说，它们的投资周期较短，而且通常不会投资于公共公司。一段时间后，他们可能会考虑出售股份并将资金重新投资在其他地方。
Private Company Ownership
私有公司的所有权
It seems that Private Companies own 8.4%, of the XTC New Energy Materials(Xiamen)Ltd 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.
似乎私人公司持有厦门新能源物料(Xiamen)有限公司8.4%的股份。或许值得更深入地研究一下。如果相关方，如内部人员，在这些私人公司中拥有利益，那应该在年度报告中披露。私人公司也可能对公司有战略利益。
Public Company Ownership
上市公司所有权
It appears to us that public companies own 55% of XTC New Energy Materials(Xiamen)Ltd. 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.
我们看到公共公司持有厦门新能源物料(Xiamen)有限公司55%的股份。很难说准确，但这表明它们可能存在交织的业务利益。这可能是一种战略股权，因此值得密切关注所有权的变化。
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. Take risks for example - XTC New Energy Materials(Xiamen)Ltd has 3 warning signs we think you should be aware of.
我发现查看公司的实际所有者非常有趣。但为了真正获得洞察，我们还需要考虑其他信息。以风险为例 - 厦门新能源物料(Xiamen)有限公司有3个警示信号，我们认为你应该注意。
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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