COSCO SHIPPING Ports Limited's (HKG:1199) Stock Price Dropped 3.2% Last Week; Public Companies Would Not Be Happy
COSCO SHIPPING Ports Limited's (HKG:1199) Stock Price Dropped 3.2% Last Week; Public Companies Would Not Be Happy
Key Insights
主要見解
- Significant control over COSCO SHIPPING Ports by public companies implies that the general public has more power to influence management and governance-related decisions
- COSCO SHIPPING Holdings Co., Ltd. owns 69% of the company
- Insiders have bought recently
- 公共公司對中遠海控的重要控制權意味着普通大衆對管理和治理相關決策有更多的影響力。
- 中遠海控控股69%的股份。
- 內部人士最近購買了股票。
Every investor in COSCO SHIPPING Ports Limited (HKG:1199) should be aware of the most powerful shareholder groups. The group holding the most number of shares in the company, around 69% to be precise, is public companies. Put another way, the group faces the maximum upside potential (or downside risk).
中遠海控的每一位投資者都應該了解最強勢的股東群體。擁有該公司最多股份的群體,準確來說佔據了約69%,就是公共公司。換句話說,該群體面臨的上行潛力(或下行風險)最大。
As market cap fell to HK$17b last week, public companies would have faced the highest losses than any other shareholder groups of the company.
由於市值上週降至170億港元,公共公司將會比公司的其他股東群體承受最高的損失。
In the chart below, we zoom in on the different ownership groups of COSCO SHIPPING Ports.
下圖是中遠海控不同所有權群體比例的放大版。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240815/0-08379c3395463a00a14ec38f0e1250c1-0-3ac7438aef1d1c833c5ecb239d181b03.png/big)
What Does The Institutional Ownership Tell Us About COSCO SHIPPING Ports?
機構持股告訴我們關於中遠海控的什麼信息?
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 COSCO SHIPPING Ports 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 COSCO SHIPPING Ports, (below). Of course, keep in mind that there are other factors to consider, too.
能夠看到中遠海控確實擁有機構投資者,他們持有公司的相當一部分股票。這意味着那些機構的分析師已經看過這支股票,他們喜歡它。但就像其他人一樣,他們可能是錯的。如果兩個機構大投資者同時試圖退出一隻股票,股價經常會大幅下跌,這是很常見的。所以值得注意的是,還需考慮其他因素,包括以下的中遠海控過去收益增長軌跡。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240815/0-08379c3395463a00a14ec38f0e1250c1-1-1d06378cb4fde6d243cc4ee240540c11.png/big)
Hedge funds don't have many shares in COSCO SHIPPING Ports. Our data shows that COSCO SHIPPING Holdings Co., Ltd. is the largest shareholder with 69% of shares outstanding. This essentially means that they have extensive influence, if not outright control, over the future of the corporation. For context, the second largest shareholder holds about 4.8% of the shares outstanding, followed by an ownership of 1.5% by the third-largest shareholder.
對於中遠海控,基金並沒有持有很多股份。我們的數據顯示中遠海控的最大股東爲中遠海控控股69%的股份。這基本上意味着,如果不是直接控制,他們對公司的未來有很大的影響力。至於第二大股東佔據了約4.8%的股份,第三大股東則佔據了1.5%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 COSCO SHIPPING Ports
中遠海控的內部股權
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. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.
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是不同的。我們的數據反映了個別內部人員,至少捕捉到了董事會成員。公司管理業務,但首席執行官即使是董事會成員也必須向董事會負責。
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 most recent data indicates that insiders own less than 1% of COSCO SHIPPING Ports Limited. It is a pretty big company, so it would be possible for board members to own a meaningful interest in the company, without owning much of a proportional interest. In this case, they own around HK$5.2m worth of shares (at current prices). It is good to see board members owning shares, but it might be worth checking if those insiders have been buying.
我們最近的數據顯示,中遠海控股份較少屬於公司內部股東。該公司規模較大,因此董事會成員可能擁有公司的有意義的利益,但相應的持股比例可能並不多。在這種情況下,他們持有價值約520萬港元的股票(按當前價格計算)。看到董事會成員持有股票是好事,但值得注意的是,這些內部人員是否一直在購買股票。
General Public Ownership
一般大衆所有權
With a 17% ownership, the general public, mostly comprising of individual investors, have some degree of sway over COSCO SHIPPING Ports. 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.
佔中遠海控17%股份的普通大衆,主要由個體投資者組成,對該公司有一定的影響力。雖然該持股規模相當可觀,但如果決策與其他大股東不同步,則可能無法改變公司政策。
Public Company Ownership
上市公司所有權
We can see that public companies hold 69% of the COSCO SHIPPING Ports shares on issue. 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.
我們可以看到,公共公司持有中遠海控已發行股份的約69%。雖然很難說,但這表明他們有糾纏的商業利益。這可能是一項戰略性的投資,因此值得密切關注交易所所有權的變化。
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. To that end, you should be aware of the 2 warning signs we've spotted with COSCO SHIPPING Ports .
雖然考慮到擁有一家公司的不同群體值得,但有更重要的因素需要考慮。因此,你應該了解我們發現的兩個COSCO SHIPPING Ports的警告信號。
Ultimately the future is most important. You can access this free report on analyst forecasts for the company.
最終,未來最重要。您可以在這份關於該公司分析師預測的免費報告中獲取有關信息。
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。
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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.
對本文有任何反饋?對內容有任何疑慮?請直接與我們聯繫。或者,發送電子郵件至editorial-team@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。