While Private Companies Own 33% of XCMG Construction Machinery Co., Ltd. (SZSE:000425), Retail Investors Are Its Largest Shareholders With 42% Ownership
While Private Companies Own 33% of XCMG Construction Machinery Co., Ltd. (SZSE:000425), Retail Investors Are Its Largest Shareholders With 42% Ownership
Key Insights
主要見解
- XCMG Construction Machinery's significant retail investors ownership suggests that the key decisions are influenced by shareholders from the larger public
- 51% of the business is held by the top 10 shareholders
- Institutional ownership in XCMG Construction Machinery is 21%
- 徐工機械的重要零售投資者所有權表明,公司的關鍵決策受到更廣泛的公衆股東的影響。
- 前10大股東持有51%的股份。
- 徐工機械的機構持股比例爲21%。
If you want to know who really controls XCMG Construction Machinery Co., Ltd. (SZSE:000425), then you'll have to look at the makeup of its share registry. With 42% stake, retail investors possess the maximum shares in the company. 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徐工機械股份有限公司(SZSE:000425),那麼你必須看看它的股權登記簿的構成。持有42%股份的零售投資者擁有公司中的最大股份。也就是說,如果股票上漲,該集團將獲得最大的受益(或者說如果出現衰退,他們將遭受最大的損失)。
Meanwhile, private companies make up 33% of the company's shareholders.
與此同時,私人企業佔該公司股東的33%。
Let's take a closer look to see what the different types of shareholders can tell us about XCMG Construction Machinery.
讓我們更近距離地看一下不同類型的股東能告訴我們關於徐工機械的什麼信息。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240717/0-5b62920783bbb57a09e04e4f3172f26e-0-c3fdbfa8117d8cecd082419d9c0b1fdf.png/big)
What Does The Institutional Ownership Tell Us About XCMG Construction Machinery?
機構持股比例能向我們展示關於徐工機械的哪些信息呢?
Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.
機構投資者通常將自己的回報與常見的指數回報進行比較。因此,他們通常會考慮購買包括在相關基準指數中的較大公司。
We can see that XCMG Construction Machinery 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 XCMG Construction Machinery, (below). Of course, keep in mind that there are other factors to consider, too.
我們可以看到徐工機械確實有機構投資者;而且他們持有公司的很大一部分股票。這意味着那些機構的分析師已經看過這支股票並且他們喜歡它。但是,就像其他人一樣,他們可能是錯的。如果兩個大型機構投資者同時試圖出售某支股票,很常見看到股價大幅下跌。因此,值得檢查一下徐工機械以往的盈利趨勢(如下所示)。當然,也要記住還有其他要考慮的因素。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240717/0-5b62920783bbb57a09e04e4f3172f26e-1-d739f61abf2b261af9a1fd80edff19b0.png/big)
Hedge funds don't have many shares in XCMG Construction Machinery. The company's largest shareholder is Xuzhou Construction Machinery Group Co., Ltd., with ownership of 21%. For context, the second largest shareholder holds about 6.2% of the shares outstanding, followed by an ownership of 5.5% by the third-largest shareholder.
對於徐工機械來說,對沖基金持有的股份不多。該公司最大的股東是徐州工程機械股份有限公司,持有21%的股份。爲了更好的理解,第二大股東持有約6.2%的流通股,第三大股東持股5.5%。
We also observed that the top 10 shareholders account for more than half of the share register, with a few smaller shareholders to balance the interests of the larger ones to a certain extent.
我們還觀察到,前10大股東持有超過半數股份,有一些較小的股東以一定程度上平衡更大股東的利益。
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. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.
雖然研究公司的機構所有權可以增加您的研究價值,但研究分析師建議是了解股票預期表現的更深入的做法。相當多的分析師都對該股票進行了研究,因此您可以輕鬆地查看預測增長。
Insider Ownership Of XCMG Construction Machinery
徐工機械的內部股權結構情況
While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. 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.
雖然內部人員的精確定義可能具有主觀性,但幾乎所有人都認爲董事會成員是內部人員。管理層最終向董事會負責。然而,如果經理是創始人或CEO,那麼他們成爲執行董事會成員並不罕見。
Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group.
大多數人認爲內部所有權是積極的,因爲它可以表示董事會與其他股東的利益相一致。但是,在某些場合下,這個團體的權力過於集中。
Our data cannot confirm that board members are holding shares personally. It is unusual not to have at least some personal holdings by board members, so our data might be flawed. A good next step would be to check how much the CEO is paid.
我們的數據無法確認董事會成員是否持有個人股份。董事會成員至少持有一些個人股份是不尋常的,因此我們的數據可能有缺陷。下一步可行的行動是檢查CEO的薪資。
General Public Ownership
一般大衆所有權
The general public, who are usually individual investors, hold a 42% stake in XCMG Construction Machinery. 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.
通常,一般公衆是個體投資者,持有徐工機械的42%的股份。儘管這是相當大的股份,但如果決定與其他大股東不一致,很可能不足以改變公司的政策。
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。
Private equity firms hold a 5.0% stake in XCMG Construction Machinery. This suggests they can be influential in key policy decisions. Some investors might be encouraged by this, since private equity are sometimes able to encourage strategies that help the market see the value in the company. Alternatively, those holders might be exiting the investment after taking it public.
股權投資公司持有徐工機械的5.0%的股份。這表明他們在關鍵的政策決策中可能很有影響力。一些投資者可能會因此受到鼓舞,因爲私募股權投資公司有時能夠推動有助於市場理解公司價值的戰略。此外,這些持有者可能是在將其上市後退出投資。
Private Company Ownership
私有公司的所有權
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.
我們的數據顯示,私營公司持有該公司33%的股份。私有公司可能是關聯方。有時內部人士通過持有私營公司的股份而不是通過個人身份擁有對公共公司的利益。儘管很難得出任何廣泛的結論,但值得注意作爲進一步研究的領域。
Next Steps:
下一步:
While it is well worth considering the different groups that own a company, there are other factors that are even more important. For instance, we've identified 1 warning sign for XCMG Construction Machinery that you should be aware of.
儘管考慮擁有公司的不同群體很值得,但還有其他更重要的因素。例如,我們已經確定了有1個警告標誌涉及徐工機械,你應該注意這一點。
If you would prefer discover what analysts are predicting in terms of future growth, do not miss this free report on analyst forecasts.
如果您想發現分析師對未來增長的預測,請不要錯過這份有關分析師預測的免費報告。
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。