Retail Investors Among Asymchem Laboratories (Tianjin) Co., Ltd.'s (SZSE:002821) Largest Shareholders, Saw Gain in Holdings Value After Stock Jumped 3.1% Last Week
Retail Investors Among Asymchem Laboratories (Tianjin) Co., Ltd.'s (SZSE:002821) Largest Shareholders, Saw Gain in Holdings Value After Stock Jumped 3.1% Last Week
Key Insights
關鍵見解
- Significant control over Asymchem Laboratories (Tianjin) by retail investors implies that the general public has more power to influence management and governance-related decisions
- 50% of the business is held by the top 9 shareholders
- 26% of Asymchem Laboratories (Tianjin) is held by Institutions
- 散戶投資者對Asymchem Laboratories(天津)的嚴格控制意味着公衆擁有更大的影響管理和治理相關決策的權力
- 50% 的業務由前9名股東持有
- Asymchem 實驗室(天津)的 26% 由機構持有
A look at the shareholders of Asymchem Laboratories (Tianjin) Co., Ltd. (SZSE:002821) can tell us which group is most powerful. The group holding the most number of shares in the company, around 35% to be precise, is retail investors. In other words, the group stands to gain the most (or lose the most) from their investment into the company.
看看Asymchem實驗室(天津)有限公司(深圳證券交易所:002821)的股東可以告訴我們哪個集團最強大。持有該公司股份最多的集團是散戶投資者,準確地說約爲35%。換句話說,該集團將從對公司的投資中獲得最多(或損失最大)。
As a result, retail investors collectively scored the highest last week as the company hit CN¥35b market cap following a 3.1% gain in the stock.
結果,散戶投資者上週集體得分最高,該公司的市值在股價上漲3.1%後達到350億元人民幣。
In the chart below, we zoom in on the different ownership groups of Asymchem Laboratories (Tianjin).
在下圖中,我們放大了Asymchem實驗室(天津)的不同所有權組。
What Does The Institutional Ownership Tell Us About Asymchem Laboratories (Tianjin)?
機構所有權告訴我們關於Aymchem實驗室(天津)的什麼?
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.
機構在向自己的投資者報告時通常會根據基準來衡量自己,因此,一旦股票被納入主要指數,他們通常會對股票更加熱情。我們預計大多數公司都會有一些機構在冊,尤其是在它們正在成長的情況下。
Asymchem Laboratories (Tianjin) 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. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see Asymchem Laboratories (Tianjin)'s historic earnings and revenue below, but keep in mind there's always more to the story.
Asymchem實驗室(天津)已經在股份登記處設立了機構。事實上,他們擁有該公司可觀的股份。這意味着在這些機構工作的分析師已經看過這隻股票,他們很喜歡。但是就像其他人一樣,他們可能錯了。當多家機構擁有一隻股票時,總是存在處於 “擁擠交易” 的風險。當這樣的交易出錯時,多方可能會競相快速出售股票。對於沒有增長曆史的公司,這種風險更高。你可以在下面看到Asymchem Laboratories(天津)的歷史收益和收入,但請記住,故事總是有更多。
We note that hedge funds don't have a meaningful investment in Asymchem Laboratories (Tianjin). Looking at our data, we can see that the largest shareholder is Asymchem Laboratories, Inc. with 32% of shares outstanding. For context, the second largest shareholder holds about 4.6% of the shares outstanding, followed by an ownership of 3.9% by the third-largest shareholder. Hao Hong, who is the third-largest shareholder, also happens to hold the title of Chairman of the Board.
我們注意到,對沖基金沒有對Asymchem實驗室(天津)進行有意義的投資。從我們的數據來看,我們可以看到最大的股東是Asymchem Laboratories, Inc.,其已發行股份的32%。就背景而言,第二大股東持有約4.6%的已發行股份,其次是第三大股東持有3.9%的所有權。第三大股東郝洪也恰好擁有董事會主席的頭銜。
On further inspection, we found that more than half the company's shares are owned by the top 9 shareholders, suggesting that the interests of the larger shareholders are balanced out to an extent by the smaller ones.
經過進一步檢查,我們發現公司一半以上的股份由前9名股東持有,這表明較大股東的利益在一定程度上被較小的股東所平衡。
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 plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too.
雖然研究公司的機構所有權數據是有意義的,但研究分析師的情緒以了解風向哪個方向吹來也是有意義的。有很多分析師在報道該股,因此可能也值得一看他們的預測。
Insider Ownership Of Asymchem Laboratories (Tianjin)
Aymchem 實驗室的內部所有權(天津)
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.
公司內部人員的定義可能是主觀的,並且在不同的司法管轄區之間確實有所不同。我們的數據反映了個人內部人士,至少涵蓋了董事會成員。管理層最終對董事會負責。但是,經理成爲執行委員會成員的情況並不少見,尤其是當他們是創始人或首席執行官時。
Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances.
當內部所有權表明領導層像公司的真正所有者一樣思考時,內部所有權是積極的。但是,高度的內部所有權也可以賦予公司內部的一小部分人巨大的權力。在某些情況下,這可能是負面的。
Our most recent data indicates that insiders own some shares in Asymchem Laboratories (Tianjin) Co., Ltd.. It is a pretty big company, so it is generally a positive to see some potentially meaningful alignment. In this case, they own around CN¥1.5b worth of shares (at current prices). Most would say this shows alignment of interests between shareholders and the board. Still, it might be worth checking if those insiders have been selling.
我們的最新數據顯示,內部人士擁有Asymchem實驗室(天津)有限公司的部分股份。這是一家相當大的公司,因此看到一些潛在的有意義的調整通常是積極的。在這種情況下,他們擁有價值約15億元人民幣的股票(按當前價格計算)。大多數人會說,這表明股東和董事會之間的利益一致。儘管如此,可能值得檢查一下這些內部人士是否一直在出售。
General Public Ownership
一般公有制
The general public-- including retail investors -- own 35% stake in the company, and hence can't easily be ignored. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run.
包括散戶投資者在內的公衆擁有該公司35%的股份,因此不容忽視。雖然這個團體不一定能做主,但它肯定會對公司的運營方式產生真正的影響。
Private Company Ownership
私人公司所有權
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.
我們的數據表明,私人公司持有公司33%的股份。私人公司可能是關聯方。有時,內部人士通過持有私營公司的股權而對上市公司感興趣,而不是以個人身份獲得權益。雖然很難得出任何廣泛的中風結論,但值得注意的是,這是一個有待進一步研究的領域。
Next Steps:
後續步驟:
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. For instance, we've identified 2 warning signs for Asymchem Laboratories (Tianjin) (1 is potentially serious) that you should be aware of.
我覺得看看究竟誰擁有一家公司非常有趣。但是,要真正獲得見解,我們還需要考慮其他信息。例如,我們已經確定了Asymchem實驗室(天津)的2個警告信號(其中一個可能很嚴重),你應該注意這些信號。
But ultimately it is the future, not the past, that will determine how well the owners of this business will do. Therefore we think it advisable to take a look at this free report showing whether analysts are predicting a brighter future.
但歸根結底,決定這家企業所有者的表現的是未來,而不是過去。因此,我們認爲最好看一下這份免費報告,該報告顯示了分析師是否預測了更光明的未來。
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.
注意:本文中的數字是使用過去十二個月的數據計算得出的,這些數據是指截至財務報表日期當月最後一天的12個月期間。這可能與全年年度報告數據不一致。
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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.
對這篇文章有反饋嗎?對內容感到擔憂?直接聯繫我們。 或者,給編輯團隊 (at) simplywallst.com 發送電子郵件。
Simply Wall St的這篇文章本質上是籠統的。我們僅使用公正的方法根據歷史數據和分析師的預測提供評論,我們的文章無意作爲財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之,華爾街沒有持有任何上述股票的頭寸。