Individual Investors Are Meinian Onehealth Healthcare Holdings Co., Ltd.'s (SZSE:002044) Biggest Owners and Were Rewarded After Market Cap Rose by CN¥661m Last Week
Individual Investors Are Meinian Onehealth Healthcare Holdings Co., Ltd.'s (SZSE:002044) Biggest Owners and Were Rewarded After Market Cap Rose by CN¥661m Last Week
Key Insights
- Meinian Onehealth Healthcare Holdings' significant individual investors ownership suggests that the key decisions are influenced by shareholders from the larger public
- The top 23 shareholders own 50% of the company
- Institutions own 18% of Meinian Onehealth Healthcare Holdings
A look at the shareholders of Meinian Onehealth Healthcare Holdings Co., Ltd. (SZSE:002044) can tell us which group is most powerful. The group holding the most number of shares in the company, around 49% to be precise, is individual investors. In other words, the group stands to gain the most (or lose the most) from their investment into the company.
As a result, individual investors collectively scored the highest last week as the company hit CN¥16b market cap following a 4.3% gain in the stock.
Let's take a closer look to see what the different types of shareholders can tell us about Meinian Onehealth Healthcare Holdings.
What Does The Institutional Ownership Tell Us About Meinian Onehealth Healthcare Holdings?
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.
We can see that Meinian Onehealth Healthcare Holdings 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. 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 Meinian Onehealth Healthcare Holdings, (below). Of course, keep in mind that there are other factors to consider, too.
Hedge funds don't have many shares in Meinian Onehealth Healthcare Holdings. Looking at our data, we can see that the largest shareholder is Hangzhou Haoyue Enterprise Management Co., Ltd. with 8.1% of shares outstanding. For context, the second largest shareholder holds about 6.0% of the shares outstanding, followed by an ownership of 5.0% by the third-largest shareholder.
After doing some more digging, we found that the top 23 have the combined ownership of 50% in the company, suggesting that no single shareholder has significant control over the company.
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. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.
Insider Ownership Of Meinian Onehealth Healthcare Holdings
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.
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.
Our most recent data indicates that insiders own some shares in Meinian Onehealth Healthcare Holdings Co., Ltd.. The insiders have a meaningful stake worth CN¥434m. Most would see this as a real positive. If you would like to explore the question of insider alignment, you can click here to see if insiders have been buying or selling.
General Public Ownership
With a 49% ownership, the general public, mostly comprising of individual investors, have some degree of sway over Meinian Onehealth Healthcare Holdings. 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.
Private Equity Ownership
With an ownership of 6.0%, 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.
Private Company Ownership
We can see that Private Companies own 19%, 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.
Public Company Ownership
Public companies currently own 5.0% of Meinian Onehealth Healthcare Holdings 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.
Next Steps:
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.
Many find it useful to take an in depth look at how a company has performed in the past. You can access this detailed graph of past earnings, revenue and cash flow.
Ultimately the future is most important. You can access this free report on analyst forecasts for the company.
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.
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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.