Significant insider control over United Energy Group implies vested interests in company growth
Hongwei Zhang owns 56% of the company
Recent sales by insiders
To get a sense of who is truly in control of United Energy Group Limited (HKG:467), it is important to understand the ownership structure of the business. The group holding the most number of shares in the company, around 58% to be precise, is individual insiders. Put another way, the group faces the maximum upside potential (or downside risk).
And our data suggests that insiders own the top position in the company's share registry despite recent sales. As a result, the group bore the brunt of last week's HK$1.0b market cap loss.
In the chart below, we zoom in on the different ownership groups of United Energy Group.
SEHK:467 Ownership Breakdown June 12th 2024
What Does The Institutional Ownership Tell Us About United Energy Group?
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.
Since institutions own only a small portion of United Energy Group, many may not have spent much time considering the stock. But it's clear that some have; and they liked it enough to buy in. So if the company itself can improve over time, we may well see more institutional buyers in the future. We sometimes see a rising share price when a few big institutions want to buy a certain stock at the same time. The history of earnings and revenue, which you can see below, could be helpful in considering if more institutional investors will want the stock. Of course, there are plenty of other factors to consider, too.
SEHK:467 Earnings and Revenue Growth June 12th 2024
United Energy Group is not owned by hedge funds. From our data, we infer that the largest shareholder is Hongwei Zhang (who also holds the title of Top Key Executive) with 56% of shares outstanding. Its usually considered a good sign when insiders own a significant number of shares in the company, and in this case, we're glad to see a company insider play the role of a key stakeholder. For context, the second largest shareholder holds about 1.9% of the shares outstanding, followed by an ownership of 1.0% by the third-largest shareholder. Interestingly, the second-largest shareholder, Meiying Zhang is also Senior Key Executive, again, pointing towards strong insider ownership amongst the company's top shareholders.
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 is a little analyst coverage of the stock, but not much. So there is room for it to gain more coverage.
Insider Ownership Of United Energy Group
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.
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.
It seems that insiders own more than half the United Energy Group Limited stock. This gives them a lot of power. Given it has a market cap of HK$16b, that means insiders have a whopping HK$9.5b worth of shares in their own names. Most would argue this is a positive, showing strong alignment with shareholders. You can click here to see if they have been selling down their stake.
General Public Ownership
With a 40% ownership, the general public, mostly comprising of individual investors, have some degree of sway over United Energy Group. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies.
Next Steps:
It's always worth thinking about the different groups who own shares in a company. But to understand United Energy Group better, we need to consider many other factors. Take risks for example - United Energy Group has 2 warning signs we think you should be aware of.
But ultimately it is the future, not the past, that will determine how well the owners of this business will do. Therefore we think it advisable to take a look at this free report showing whether analysts are predicting a brighter future.
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.
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.
キーインサイト
United Energy Groupの重要な内部統制は、会社の成長に利害関係を持っていることを示唆しています
張洪偉は会社の56%を所有しています
最近のインサイダーセールス
United Energy Group Limited(HKG:467)の本当の支配者を把握するためには、ビジネスの所有構造を理解することが重要です。会社で最も多くの株式を保有するグループは、個人の関係者です。言い換えると、このグループは最大のアップサイドポテンシャル(またはダウンサイドリスク)に直面しています。
機関投資家はUnited Energy Groupの所有権をほとんど持っていないため、株を考慮する時間をあまり費やしていないかもしれません。しかし、明らかにいくつかは、株を購入するだけの価値があると考えたようです。従って、会社自体が時間とともに改善することができれば、将来的にはより多くの機関投資家が投資を行う可能性があります。時価総額と収益の履歴は以下から見ることができますが、より多くの機関投資家が株を求めるかどうかを検討する際に役立ちます。もちろん、それ以外にも考慮すべき要因はたくさんあります。
SEHK:4672024年6月12日の収益と売上高成長
United Energy Groupはヘッジファンドに所有されていません。私たちのデータによれば、最大の株主は張洪偉氏(トップキーエグゼクティブの称号も持っています)で、発行済み株式の56%を保有しています。会社内部の関係者が大量の株式を所有していることは一般的に良い兆候とされており、この場合、強力な内部関係者が主要株主の役割を果たしていることを喜んでいます。第二大株主は約1.9%を保有しており、第三大株主は約1.0%を所有しています。興味深いことに、第2位の株主の張美英氏もSenior Key Executiveであり、会社のトップ株主の間で強力な内部所有権を示唆しています。
United Energy Group Limitedの株式の半分以上は内部関係者が所有しているようです。これにより、彼らは大きな力を持っています。時価総額がHK $16Bであることを考慮すると、内部関係者は自分たちの名前でHK $9.5Bの価値がある株式を所有しています。多くの人々は、これが株主との強力なアライメントを示す肯定的な要素であると主張するでしょう。彼らが自分たちの保有株式を売却しているかどうかを確認するには、ここをクリックしてください。
オーストラリアでは、moomooの投資商品及びサービスはMoomoo Securities Australia Limitedによって提供され、オーストラリア証券投資委員会(ASIC)の管理を受けております(AFSL No. 224663)。「金融サービスガイド」、「利用規約」、「プライバシーポリシー」などの詳細は、Moomoo Securities Australia Limitedのウェブサイトhttps://www.moomoo.com/auでご確認いただけます。
オーストラリアでは、moomooの投資商品及びサービスはMoomoo Securities Australia Limitedによって提供され、オーストラリア証券投資委員会(ASIC)の管理を受けております(AFSL No. 224663)。「金融サービスガイド」、「利用規約」、「プライバシーポリシー」などの詳細は、Moomoo Securities Australia Limitedのウェブサイトhttps://www.moomoo.com/auでご確認いただけます。