ATRenew Inc.'s (NYSE:RERE) Market Cap Surged US$55m Last Week, Retail Investors Who Have a Lot Riding on the Company Were Rewarded
ATRenew Inc.'s (NYSE:RERE) Market Cap Surged US$55m Last Week, Retail Investors Who Have a Lot Riding on the Company Were Rewarded
Key Insights
主要見解
- The considerable ownership by retail investors in ATRenew indicates that they collectively have a greater say in management and business strategy
- 55% of the business is held by the top 4 shareholders
- Past performance of a company along with ownership data serve to give a strong idea about prospects for a business
- ATRenew大量的零售投資者持股意味着他們在管理和業務策略上具有更大的發言權。
- 前4大股東持有55%的業務。
- 公司過去的業績以及所有權數據,有助於形成對業務前景的強烈想法。
If you want to know who really controls ATRenew Inc. (NYSE:RERE), then you'll have to look at the makeup of its share registry. The group holding the most number of shares in the company, around 38% to be precise, is retail investors. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).
如果你想知道誰真正控制ATRenew Inc. (紐交所:RERE),那麼你需要看看它的股權登記情況。持有公司最大股數約爲38%的是零售投資者。也就是說,如果股票上漲,他們將獲得最大好處(如果出現衰退,他們將承受最大損失)。
As a result, retail investors collectively scored the highest last week as the company hit US$525m market cap following a 11% gain in the stock.
因此,隨着公司股價上漲11%後市值達到5.25億美元,零售投資者共同獲得最高得分。
Let's delve deeper into each type of owner of ATRenew, beginning with the chart below.
讓我們深入探討ATRenew的每一種所有者類型,從下面的圖表開始。
![ownership-breakdown](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240703/0-6a2fe3bcc85425e1c8791bd7e9abd64e-0-abc9f0af120f7b3bc1a712af79b1cbee.png/big)
What Does The Institutional Ownership Tell Us About ATRenew?
ATRenew的機構持股情況告訴我們什麼?我們可以看到,ATRenew確實擁有機構投資者,他們持有公司的一部分股票。這說明專業投資者對公司有一定的信用度。但我們不能僅僅依靠這個事實,因爲機構有時會犯錯誤的投資決策,就像每個人一樣。當多個機構持有一支股票時,總會有它們在“擁擠交易”中的風險。當這種交易出現問題時,多個機構可能會爭相快速出售股票。在一個沒有增長曆史的公司中,這種風險會更高。您可以查看ATRenew的歷史收益和營業收入,但請記住,總有更多的事情值得我們探討。
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.
許多機構衡量其業績的標準是一個近似於當地市場的指數。因此,他們通常更加關注包括在主要指數中的公司。
We can see that ATRenew does have institutional investors; and they hold a good portion of the company's stock. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. 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 ATRenew's historic earnings and revenue below, but keep in mind there's always more to the story.
紐交所:RERE業績和營收增長2024年7月3日
![earnings-and-revenue-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240703/0-6a2fe3bcc85425e1c8791bd7e9abd64e-1-44f8d9f28240c3d20dd8bb4513072905.png/big)
It would appear that 5.2% of ATRenew shares are controlled by hedge funds. That's interesting, because hedge funds can be quite active and activist. Many look for medium term catalysts that will drive the share price higher. Our data shows that JD.com, Inc. is the largest shareholder with 34% of shares outstanding. 5Y Capital is the second largest shareholder owning 8.0% of common stock, and Xuefeng Chen holds about 7.7% of the company stock. Xuefeng Chen, who is the third-largest shareholder, also happens to hold the title of Chairman of the Board.
ATRenew內部持股情況股東可能會對此感興趣,他們自己名義下擁有價值4000萬美元的ATRenew股票。這至少說明他們有一定的認同。您可以單擊此處查看這些內部股東是否一直在購買或出售。
On looking further, we found that 55% of the shares are owned by the top 4 shareholders. In other words, these shareholders have a meaningful say in the decisions of the company.
進一步查看,我們發現前4大股東擁有該公司55%的股份。換言之,這些股東對公司的決策有着重要的影響。
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 is some analyst coverage of the stock, but it could still become more well known, with time.
上海阿拉丁生物化學技術股份有限公司的內部人員擁有重要比例,內部人員在這家總價值27億人民幣的公司中持有12億人民幣的股份。這可能表明創始人仍然擁有很多股份。您可以單擊此處查看他們是否進行了買賣。
Insider Ownership Of ATRenew
零售投資者(包括普通投資者)擁有37%的股份,他們不能輕易被忽視,因爲他們擁有這家公司的相當大股權。然而,這種持股規模雖然可觀,但如果決策與其他大股東不協調,可能無法改變公司政策。
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. 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.
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有所不同。我們的數據反映了個人內部人員,至少捕捉到董事會成員的記錄。公司管理人員向董事會報告,後者應該代表股東的利益。值得注意的是,有時高級管理人員自己也在董事會中。
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.
當內部人持股情況表明領導層思考和公司真正所有者一樣時,內部所有權是積極的。然而,高達內部人士所有權也可能爲公司內的小團體帶來巨大的權力。在某些情況下,這可能是負面的。
Shareholders would probably be interested to learn that insiders own shares in ATRenew Inc.. In their own names, insiders own US$40m worth of stock in the US$525m company. This shows at least some alignment. You can click here to see if those insiders have been buying or selling.
擁有8.0%的私人股權投資公司可能會影響ATRenew董事會。有時我們會看到私人股權持有者長揸股份,但一般來說,他們的投資週期較短,而且正如名稱所示,不太投資於上市公司。經過一段時間後,他們可能會尋找出售並將資本重新部署到其他地方。
General Public Ownership
一般大衆所有權
The general public-- including retail investors -- own 38% stake in the company, and hence can't easily be ignored. 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.
公衆--包括零售投資者--持有公司的38%股份,因此不容易被忽視。儘管這種規模的持股較大,但如果決策與其他大股東不協調,可能無法改變公司政策。
Private Equity Ownership
股權投資公司持有8.8%的股份,有能力參與塑造以價值創造爲重點的公司策略。一些投資者可能會因此而受到鼓舞,因爲股權投資公司有時可以鼓勵市場看到公司的價值,從而採取有益的策略。另外,那些持有者可能在將其上市後退出投資。
With a stake of 8.0%, private equity firms could influence the ATRenew board. 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.
上市公司目前持有ATRenew股票的34%。很難說這是否意味着它們擁有相互交織的業務利益。這可能是一種戰略性持股,因此值得密切關注所有權的變化。
Public Company Ownership
上市公司所有權
Public companies currently own 34% of ATRenew stock. 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.
考慮到不同的股東群體總是值得思考的。但是,要更好地了解ATRenew,我們需要考慮許多其他因素。例如,我們發現ATRenew存在兩個警示信號,您在在這裏投資之前應該知道這些信息。
Next Steps:
下一步:
It's always worth thinking about the different groups who own shares in a company. But to understand ATRenew better, we need to consider many other factors. For example, we've discovered 2 warning signs for ATRenew that you should be aware of before investing here.
注意:以上摘自ATRenew的調查結果純粹屬於專業意見,僅供參考。在決定買進或賣出任何股票之前,您必須自己進行研究或諮詢專業投資顧問。我們不提供投資建議。我們只是ATRenew公司的獨立數據分析提供商。過去的數據不保證未來的表現。股市投資可能帶來高風險。
If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future.
如果您像我一樣,可能希望考慮這家公司是否會增長或縮小。幸運的是,您可以查看此免費報告,顯示分析師對其未來的預測。
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:本文中的數據是使用最後一個財務報表日期結束的爲期12個月的數據計算的。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.
對本文有反饋?關於內容有所顧慮?直接和我們聯繫。或者,發送電子郵件至editorial-team (at) simplywallst.com。
這篇文章是Simply Wall St的一般性文章。我們根據歷史數據和分析師預測提供評論,只使用公正的方法論,我們的文章並不意味着提供任何金融建議。文章不構成買賣任何股票的建議,也不考慮您的目標或您的財務狀況。我們的目標是帶給您基本數據驅動的長期關注分析。請注意,我們的分析可能不考慮最新的價格敏感公司公告或定性材料。Simply Wall St沒有任何股票頭寸。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
對本文有反饋?關於內容有所顧慮?直接和我們聯繫。或者發送電子郵件至editorial-team@simplywallst.com。