Private Companies Are IKD Co., Ltd.'s (SHSE:600933) Biggest Owners and Were Rewarded After Market Cap Rose by CN¥2.1b Last Week
Private Companies Are IKD Co., Ltd.'s (SHSE:600933) Biggest Owners and Were Rewarded After Market Cap Rose by CN¥2.1b Last Week
Key Insights
關鍵洞察
- IKD's significant private companies ownership suggests that the key decisions are influenced by shareholders from the larger public
- The top 4 shareholders own 51% of the company
- Insider ownership in IKD is 12%
- 愛柯迪的主要私有公司持股表明,關鍵決策受到更大公衆股東的影響。
- 前四大股東持有公司51%的股份
- 愛柯迪的內部持股爲12%。
If you want to know who really controls IKD Co., Ltd. (SHSE:600933), 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 45% to be precise, is private companies. Put another way, the group faces the maximum upside potential (or downside risk).
如果你想知道誰真正控制愛柯迪(SHSE:600933),那麼你需要查看其股權登記的組成。持有公司最多股份的集團,準確來說大約爲45%,是私有公司。換句話說,該集團面臨最大的上行潛力(或下行風險)。
As a result, private companies were the biggest beneficiaries of last week's 13% gain.
因此,上週13%的漲幅使私營公司成爲最大的受益者。
Let's take a closer look to see what the different types of shareholders can tell us about IKD.
讓我們更深入地看看不同類型的股東可以告訴我們關於愛柯迪的信息。

What Does The Institutional Ownership Tell Us About IKD?
機構持股告訴我們關於愛柯迪的什麼?
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.
機構通常在向自己的投資者報告時,會與基準進行比較,因此一旦股票被納入主要指數,他們通常對該股票會更加熱情。我們預期大多數公司在登記時都會有一些機構,尤其是當它們正在增長時。
We can see that IKD does have institutional investors; and they hold a good portion of the company's stock. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. 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 IKD, (below). Of course, keep in mind that there are other factors to consider, too.
我們可以看到愛柯迪確實有機構投資者,他們持有公司一定比例的股票。這表明該公司在投資界具有一定的信譽。然而,依賴於機構投資者所帶來的所謂驗證最好保持謹慎。他們有時也會出錯。如果兩家大型機構投資者同時試圖賣出一隻股票,股價大幅下跌並不少見。因此,檢查愛柯迪的過去收益軌跡是值得的(見下文)。當然,也要記住還有其他因素需要考慮。

We note that hedge funds don't have a meaningful investment in IKD. Looking at our data, we can see that the largest shareholder is Ningbo IKD Investment Management Co., Ltd. with 30% of shares outstanding. In comparison, the second and third largest shareholders hold about 7.9% and 7.0% of the stock. Jiancheng Zhang, who is the second-largest shareholder, also happens to hold the title of Chief Executive Officer.
我們注意到對愛柯迪的對沖基金投資並不顯著。根據我們的數據,最大的股東是寧波愛柯迪投資管理有限公司,持有30%的股份。相比之下,第二和第三大股東分別持有約7.9%和7.0%的股票。第二大股東張建誠恰好也是首席執行官。
To make our study more interesting, we found that the top 4 shareholders control more than half of the company which implies that this group has considerable sway over the company's decision-making.
爲了讓我們的研究更有趣,我們發現前四大股東控制了超過一半的公司,這意味着這一集團對公司的決策具有相當大的影響力。
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.
研究機構的持股是一種很好的方式,可以評估和篩選股票的預期表現。通過研究分析師的情緒也可以實現同樣的目標。相當多的分析師覆蓋了這隻股票,您可以很容易地查找預測增長。
Insider Ownership Of IKD
愛柯迪的內部股權
The definition of an insider can differ slightly between different countries, but members of the board of directors always count. 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.
內部人的定義在不同國家之間可能略有不同,但董事會成員始終被算作內部人。管理層最終向董事會負責。然而,管理者成爲執行董事會成員並不罕見,特別是當他們是創始人或首席執行官時。
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.
我通常認爲內部人擁有股份是一件好事。然而,在某些情況下,這使得其他股東更難讓董事會對決策負責。
Our most recent data indicates that insiders own a reasonable proportion of IKD Co., Ltd.. Insiders own CN¥2.2b worth of shares in the CN¥18b company. That's quite meaningful. Most would say this shows a good degree of alignment with shareholders, especially in a company of this size. You can click here to see if those insiders have been buying or selling.
我們最近的數據表明,愛柯迪的內部人士擁有合理比例的股份。內部人士持有價值22億人民幣的股份,而該公司的市值爲180億人民幣。這是相當有意義的。大多數人會說這顯示了與股東之間良好的對齊,特別是在這樣大小的公司中。您可以點擊此處查看這些內部人士是否在買入或賣出。
General Public Ownership
公衆持股
The general public-- including retail investors -- own 27% stake in the company, and hence can't easily be ignored. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run.
公衆,包括散戶投資者,持有該公司27%的股份,因此不容忽視。雖然這一群體不一定能決定公司事務,但確實可以對公司運行產生實際影響。
Private Company Ownership
私有公司所有權
It seems that Private Companies own 45%, of the IKD stock. It might be worth looking deeper into this. If related parties, such as insiders, have an interest in one of these private companies, that should be disclosed in the annual report. Private companies may also have a strategic interest in the company.
看起來私營公司擁有愛柯迪45%的股票。值得深入研究一下。如果相關方,例如內部人士,對其中一傢俬營公司有興趣,這應在年報中披露。私營公司也可能對該公司有戰略利益。
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. Case in point: We've spotted 2 warning signs for IKD you should be aware of.
雖然考慮擁有公司的不同群體是非常重要的,但還有其他更重要的因素。舉個例子:我們發現了2個您應該注意的愛柯迪的警示信號。
Ultimately the future is most important. You can access this free report on analyst forecasts for the company.
最終,未來是最重要的。您可以訪問此免費的關於公司分析師預測的報告。
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.
注意:本文中的數字是根據過去十二個月的數據計算得出的,指的是截至財務報表日期的月份最後一天的12個月期間。這可能與完整年度的年報數字不一致。
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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.
對本文有反饋?對內容有疑慮?請直接與我們聯繫。或者,發送電子郵件至 editorial-team (at) simplywallst.com。
這篇來自Simply Wall ST的文章是一般性的。我們根據歷史數據和分析師預測提供評論,採用無偏見的方法,我們的文章並不旨在提供財務建議。它不構成對任何股票的買入或賣出建議,也未考慮到您的目標或財務狀況。我們旨在爲您提供以基本數據驅動的長期分析。請注意,我們的分析可能未考慮最新的價格敏感公司公告或定性材料。Simply Wall ST在提到的任何股票中均沒有持倉。