Qingdao Doublestar Co.,Ltd's (SZSE:000599) Market Cap Dropped CN¥466m Last Week; Retail Investors Bore the Brunt
Qingdao Doublestar Co.,Ltd's (SZSE:000599) Market Cap Dropped CN¥466m Last Week; Retail Investors Bore the Brunt
Key Insights
關鍵見解
- Qingdao DoublestarLtd's significant retail investors ownership suggests that the key decisions are influenced by shareholders from the larger public
- The top 25 shareholders own 47% of the company
- Ownership research, combined with past performance data can help provide a good understanding of opportunities in a stock
- 青島DoublestarLtd擁有大量散戶投資者的所有權,這表明關鍵決策受廣大公衆股東的影響
- 前 25 名股東擁有公司 47% 的股份
- 所有權研究與過去的表現數據相結合,可以幫助人們更好地了解股票的機會
Every investor in Qingdao Doublestar Co.,Ltd (SZSE:000599) should be aware of the most powerful shareholder groups. And the group that holds the biggest piece of the pie are retail investors with 53% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.
青島雙星股份有限公司的每位投資者, Ltd(深圳證券交易所代碼:000599)應該知道最強大的股東群體。而持有最大份額的群體是擁有53%所有權的散戶投資者。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)。
And last week, retail investors endured the biggest losses as the stock fell by 10.0%.
上週,散戶投資者遭受了最大的損失,該股下跌了10.0%。
In the chart below, we zoom in on the different ownership groups of Qingdao DoublestarLtd.
在下圖中,我們放大了青島雙星有限公司的不同所有權組。
![ownership-breakdown](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240410/0-c24ea6fbc65b2beb63ceee6738cb9b36-0-080eb72085f02204e463195148ab970a.png/big)
What Does The Institutional Ownership Tell Us About Qingdao DoublestarLtd?
關於青島雙星有限公司,機構所有權告訴我們什麼?
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。
Qingdao DoublestarLtd 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 Qingdao DoublestarLtd, (below). Of course, keep in mind that there are other factors to consider, too.
青島雙星股份有限公司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。這可能表明該公司在投資界具有一定程度的信譽。但是,最好謹慎行事,不要依賴機構投資者所謂的驗證。他們也是,有時候會弄錯。如果兩個大型機構投資者試圖同時拋售股票,股價大幅下跌的情況並不少見。因此,值得一看青島雙星有限公司過去的收益軌跡(見下圖)。當然,請記住,還有其他因素需要考慮。
![earnings-and-revenue-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240410/0-c24ea6fbc65b2beb63ceee6738cb9b36-1-5e7add15d07b28ce6211633dad006f8f.png/big)
We note that hedge funds don't have a meaningful investment in Qingdao DoublestarLtd. Double Star Group Co., Ltd. is currently the largest shareholder, with 32% of shares outstanding. With 5.4% and 3.5% of the shares outstanding respectively, Qingdao Conson Development (Group) CO., LTD and Qingdao Conson Capital Investment Co., Ltd. are the second and third largest shareholders.
我們注意到,對沖基金沒有對青島雙星有限公司進行有意義的投資。雙星集團有限公司目前是最大股東,已發行股份的32%。青島康森發展(集團)有限公司和青島康森資本投資有限公司分別佔已發行股份的5.4%和3.5%,是第二和第三大股東。
On studying our ownership data, we found that 25 of the top shareholders collectively own less than 50% of the share register, implying that no single individual has a majority interest.
在研究我們的所有權數據時,我們發現25位大股東共同擁有的股份不到50%,這意味着沒有一個人擁有多數股權。
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. As far as we can tell there isn't analyst coverage of the company, so it is probably flying under the radar.
雖然研究公司的機構所有權可以爲您的研究增加價值,但研究分析師的建議以更深入地了解股票的預期表現也是一種好做法。據我們所知,沒有分析師對該公司進行報道,因此它可能處於雷達之下。
Insider Ownership Of Qingdao DoublestarLtd
青島雙星有限公司的內部所有權
The definition of an insider can differ slightly between different countries, but members of the board of directors always count. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.
不同國家對內部人員的定義可能略有不同,但董事會成員總是計算在內。公司管理層經營業務,但首席執行官將向董事會負責,即使他或她是董事會成員。
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 information suggests that Qingdao Doublestar Co.,Ltd insiders own under 1% of the company. But they may have an indirect interest through a corporate structure that we haven't picked up on. It appears that the board holds about CN¥17m worth of stock. This compares to a market capitalization of CN¥4.2b. We generally like to see a board more invested. However it might be worth checking if those insiders have been buying.
我們的信息表明,青島雙星有限公司,Ltd內部人士擁有該公司不到1%的股份。但是,他們可能會通過我們尚未採用的公司結構獲得間接利益。看來董事會持有價值約1700萬元人民幣的股票。相比之下,市值爲42億元人民幣。我們通常希望看到董事會投入更多資金。但是,可能值得檢查這些內部人士是否在買入。
General Public Ownership
一般公有制
The general public, mostly comprising of individual investors, collectively holds 53% of Qingdao DoublestarLtd shares. With this amount of ownership, retail investors can collectively play a role in decisions that affect shareholder returns, such as dividend policies and the appointment of directors. They can also exercise the power to vote on acquisitions or mergers that may not improve profitability.
公衆主要由個人投資者組成,共持有青島雙星股份有限公司53%的股份。有了這麼多的所有權,散戶投資者可以在影響股東回報的決策中共同發揮作用,例如股息政策和董事任命。他們還可以行使權力,對可能不會提高盈利能力的收購或合併進行投票。
Private Company Ownership
私人公司所有權
It seems that Private Companies own 38%, of the Qingdao DoublestarLtd stock. It's hard to draw any conclusions from this fact alone, so its worth looking into who owns those private companies. Sometimes insiders or other related parties have an interest in shares in a public company through a separate private company.
看來私營公司擁有青島雙星股份38%的股份。僅憑這一事實很難得出任何結論,因此值得研究誰擁有這些私營公司。有時,內部人士或其他關聯方通過一家獨立的私人公司對上市公司的股份擁有權益。
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. Take risks for example - Qingdao DoublestarLtd has 2 warning signs (and 1 which can't be ignored) we think you should know about.
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。以風險爲例-青島雙星有兩個警告標誌(其中一個不容忽視),我們認爲你應該知道。
Of course this may not be the best stock to buy. So take a peek at this free free list of interesting companies.
當然,這可能不是最值得買入的股票。因此,來看看這份免費的有趣公司名單吧。
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。
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.
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。