Retail Investors Account for 33% of CMOC Group Limited's (HKG:3993) Ownership, While Private Equity Firms Account for 26%
Retail Investors Account for 33% of CMOC Group Limited's (HKG:3993) Ownership, While Private Equity Firms Account for 26%
Key Insights
主要見解
- The considerable ownership by retail investors in CMOC Group 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
- Institutional ownership in CMOC Group is 16%
- 洛陽鉬業中零售投資者比例較大,這意味着他們集體對管理和業務策略擁有更大的發言權。
- 共有2位投資者擁有江蘇長青新材料科技51%的所有權。
- 洛陽鉬業中機構投資者持股比例爲16%。
If you want to know who really controls CMOC Group Limited (HKG:3993), 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 33% to be precise, is retail investors. Put another way, the group faces the maximum upside potential (or downside risk).
如果你想知道誰真正掌控洛陽鉬業股份有限公司(港交所股票代碼:3993),那麼你需要看看它的股權登記處所持有的股份構成。控股該公司最多的集團,確切地說是約33%,是零售投資者。換句話說,這個群體面臨的上漲空間(或下行風險)最大。
Private equity firms, on the other hand, account for 26% of the company's stockholders.
另一方面,私募股權公司佔26%的股東比例。
Let's delve deeper into each type of owner of CMOC Group, beginning with the chart below.
讓我們深入探討洛陽鉬業每種股東所佔股份的情況,從以下圖表開始。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240715/0-5afeaa70b553e1b33b1ced9a2dc5fabd-0-2ed85ad752fad753cffcfc07ebba999f.png/big)
What Does The Institutional Ownership Tell Us About CMOC Group?
機構股東持股比例告訴我們關於洛陽鉬業的信息。我們可以看到洛陽鉬業確實有機構投資者,而且他們持有公司的大量股票。這意味着爲這些機構工作的分析師們看好這隻股票。但是和其他人一樣,他們也可能是錯的。如果兩個大型機構投資者同時試圖拋售股票,股價出現大跌也就不稀奇了。所以值得看一下洛陽鉬業的過去收益軌跡(如下圖)。當然,還要記住,也要考慮其他因素。
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 CMOC Group does have institutional investors; and they hold a good portion of the company's stock. 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 CMOC Group, (below). Of course, keep in mind that there are other factors to consider, too.
2024年7月15日SEHK:3993的營收和收入增長。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240715/0-5afeaa70b553e1b33b1ced9a2dc5fabd-1-28c954d002387e10ccdef65b7ab9bf0e.png/big)
CMOC Group is not owned by hedge funds. The company's largest shareholder is Cathay Fortune Corporation Limited, with ownership of 26%. In comparison, the second and third largest shareholders hold about 25% and 1.7% of the stock.
洛陽鉬業有限公司(HKG:3993)的實際股權分佈數據顯示,公司不被公司內部人士所擁有。我們確實注意到,內部人士可能通過私有公司或其他企業結構間接持有利益。鑑於公司規模如此之大,我們不希望看到內部人士擁有大量股份。他們共擁有11900萬港元的股份。看到至少有一些內部人士持有股份總是好的,但值得檢查這些內部人士是否一直在拋售。
A more detailed study of the shareholder registry showed us that 2 of the top shareholders have a considerable amount of ownership in the company, via their 51% stake.
股東登記冊的更詳細研究向我們展示,排名前兩位的股東中有2位在公司中擁有相當數量的股權,持有51%的股份。
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.
雖然仔細研究公司的機構持股數據是有意義的,但研究分析師對該股票的看法也是有意義的。有相當數量的分析師在跟蹤該股票,因此了解他們對於未來發展的總體看法可能會有所幫助。
Insider Ownership Of CMOC Group
佔33%的集體投資者(主要是個人投資者)擁有小量洛陽鉬業的股份,這意味着他們在如何運營公司上能起到一定的影響力,但這個群體並不能決定一切。
The definition of an insider can differ slightly between different countries, but members of the board of directors always count. 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.
內部人員的定義在不同國家之間可能略有不同,但董事會成員始終計數。公司管理層回答董事會,在此應代表股東利益。值得注意的是,有時高級管理人員也在董事會上。
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.
我通常認爲內部人士持股是一件好事。但是,在某些情況下,它會使其他股東更難以對董事會的決定進行問責。
Our data suggests that insiders own under 1% of CMOC Group Limited in their own names. We do note, however, it is possible insiders have an indirect interest through a private company or other corporate structure. Being so large, we would not expect insiders to own a large proportion of the stock. Collectively, they own HK$119m of stock. It is always good to see at least some insider ownership, but it might be worth checking if those insiders have been selling.
我們的數據表明,內部人士以自己名義持有的洛陽鉬業有限公司股票不到1%。不過,我們注意到內部人士可能通過私人公司或其他公司結構間接持有股權。由於洛陽鉬業規模龐大,我們不希望看到內部人士擁有大量股份。他們共擁有11900萬港元的股份。看到至少有一些內部人士持有股份總是好的,但值得檢查這些內部人士是否一直在拋售。
General Public Ownership
一般大衆所有權
With a 33% ownership, the general public, mostly comprising of individual investors, have some degree of sway over CMOC Group. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run.
佔有33%股份的普通公衆,主要包括個人投資者,在洛陽鉬業身上有一定的影響力。儘管這個群體不能決定全部事情,但可以對公司的運營產生真實的影響力。
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 an ownership of 26%, private equity firms are in a position to play a role in shaping corporate strategy with a focus on value creation. Some might like this, because private equity are sometimes activists who hold management accountable. But other times, private equity is selling out, having taking the company public.
佔有26%股份的私募股權公司有能力在創造價值方面塑造企業戰略。一些人可能會喜歡這樣做,因爲私募股權公司有時是通過維權令管理層對自己負責。但另一些時候,私募股權公司則將公司公開上市後便退出了。
Private Company Ownership
私有公司的所有權
We can see that Private Companies own 25%, of the shares on issue. 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.
我們可以看到,私有公司擁有公司已發行的25%股份。僅從這個事實很難得出結論,因此有必要查看誰擁有這些私有公司。有時候內部人員或其他相關方會通過單獨的私人公司持有以公開公司的股份的權益。
Next Steps:
下一步:
It's always worth thinking about the different groups who own shares in a company. But to understand CMOC Group better, we need to consider many other factors.
考慮到洛陽鉬業的具體情況,了解擁有公司股份的不同群體的情況總是值得的。但我們需要考慮許多其他因素才能更好地了解洛陽鉬業。
I like to dive deeper into how a company has performed in the past. You can find historic revenue and earnings in this detailed graph.
我喜歡更深入地了解公司過去的表現。您可以在以下詳細圖表中找到歷史收益和收入。
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?對內容感到擔憂?請直接與我們聯繫。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?對內容感到擔憂?請直接與我們聯繫。或者,發送電子郵件至editorial-team@simplywallst.com。