Vantone Neo Development Group Co., Ltd.'s (SHSE:600246) Market Cap Dropped CN¥794m Last Week; Private Companies Bore the Brunt
Vantone Neo Development Group Co., Ltd.'s (SHSE:600246) Market Cap Dropped CN¥794m Last Week; Private Companies Bore the Brunt
Key Insights
關鍵見解
- Vantone Neo Development Group's significant private companies ownership suggests that the key decisions are influenced by shareholders from the larger public
- 57% of the business is held by the top 3 shareholders
- Institutions own 26% of Vantone Neo Development Group
- Vantone Neo Development Group擁有大量的私營公司所有權,這表明關鍵決策受到廣大公衆股東的影響。
- 57% 的業務由前三名股東持有
- 機構擁有萬通新開發集團26%的股份
To get a sense of who is truly in control of Vantone Neo Development Group Co., Ltd. (SHSE:600246), it is important to understand the ownership structure of the business. The group holding the most number of shares in the company, around 39% to be precise, is private companies. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).
要了解誰真正控制了萬通新開發集團有限公司(上海證券交易所代碼:600246),了解該業務的所有權結構非常重要。持有該公司股份最多的集團是私營公司,準確地說約爲39%。也就是說,如果股票上漲,該集團將受益最大(如果出現低迷,則損失最大)。
As market cap fell to CN¥13b last week, private companies would have faced the highest losses than any other shareholder groups of the company.
隨着上週市值跌至130億元人民幣,私營公司面臨的虧損將超過該公司任何其他股東群體。
Let's take a closer look to see what the different types of shareholders can tell us about Vantone Neo Development Group.
讓我們仔細看看不同類型的股東能告訴我們有關Vantone Neo開發集團的哪些信息。
![ownership-breakdown](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240329/0-80b56941d517ea295481784780749451-0-adf92c0e48f2e4850c1d65707ca34484.png/big)
What Does The Institutional Ownership Tell Us About Vantone Neo Development Group?
關於Vantone Neo開發集團,機構所有權告訴我們什麼?
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.
許多機構根據近似於當地市場的指數來衡量自己的表現。因此,他們通常會更多地關注主要指數中包含的公司。
As you can see, institutional investors have a fair amount of stake in Vantone Neo Development Group. 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. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see Vantone Neo Development Group's historic earnings and revenue below, but keep in mind there's always more to the story.
如你所見,機構投資者在Vantone Neo開發集團中擁有相當數量的股份。這意味着在這些機構工作的分析師已經看過這隻股票,他們很喜歡。但是就像其他人一樣,他們可能錯了。當多家機構擁有一隻股票時,總是存在處於 “擁擠交易” 的風險。當這樣的交易出錯時,多方可能會競相快速出售股票。對於沒有增長曆史的公司,這種風險更高。你可以在下面看到Vantone Neo開發集團的歷史收益和收入,但請記住,故事總是有更多內容。
![earnings-and-revenue-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240329/0-80b56941d517ea295481784780749451-1-d9b86e42e26722e00d55b5fbf3d90f03.png/big)
We note that hedge funds don't have a meaningful investment in Vantone Neo Development Group. Jiahua Dongfang Holdings (Group) Co., Ltd. is currently the company's largest shareholder with 30% of shares outstanding. With 18% and 8.5% of the shares outstanding respectively, Vantone Holdings Group and GLP Holdings LP are the second and third largest shareholders.
我們注意到,對沖基金沒有對Vantone Neo開發集團進行有意義的投資。佳華東方控股(集團)有限公司目前是該公司的最大股東,已發行股份的30%。萬通控股集團和GLP Holdings LP分別擁有18%和8.5%的已發行股份,是第二和第三大股東。
After doing some more digging, we found that the top 3 shareholders collectively control more than half of the company's shares, implying that they have considerable power to influence the company's decisions.
在進一步挖掘之後,我們發現前三名股東共同控制了公司一半以上的股份,這意味着他們擁有影響公司決策的巨大權力。
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 some analyst coverage of the stock, but it could still become more well known, with time.
雖然研究公司的機構所有權數據是有意義的,但研究分析師的情緒以了解風向哪個方向吹來也是有意義的。有一些分析師對這隻股票的報道,但隨着時間的推移,它仍可能變得更加廣爲人知。
Insider Ownership Of Vantone Neo Development Group
Vantone Neo 開發集團的內部所有權
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.
不同國家對內部人士的定義可能略有不同,但董事會成員總是計算在內。公司管理層對董事會的回答,董事會應代表股東的利益。值得注意的是,有時高層管理人員自己也在董事會中。
Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances.
當內部所有權表明領導層像公司的真正所有者一樣思考時,內部所有權是積極的。但是,高度的內部所有權也可以賦予公司內部的一小部分人巨大的權力。在某些情況下,這可能是負面的。
Our information suggests that Vantone Neo Development Group Co., Ltd. insiders own under 1% of the company. However, it's possible that insiders might have an indirect interest through a more complex structure. It's a big company, so even a small proportional interest can create alignment between the board and shareholders. In this case insiders own CN¥42m worth of shares. Arguably, recent buying and selling is just as important to consider. You can click here to see if insiders have been buying or selling.
我們的信息表明,Vantone Neo開發集團有限公司內部人士擁有該公司不到1%的股份。但是,內部人士有可能通過更復雜的結構獲得間接利益。這是一家大公司,因此即使是很小的比例權益也可以在董事會和股東之間建立一致。在本案中,內部人士擁有價值4200萬元人民幣的股票。可以說,最近的買入和賣出同樣值得考慮。您可以點擊此處查看內部人士是否在買入或賣出。
General Public Ownership
一般公有制
The general public-- including retail investors -- own 34% 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.
包括散戶投資者在內的公衆擁有該公司34%的股份,因此不容忽視。儘管這個團體不一定能做主,但它肯定會對公司的運營方式產生真正的影響。
Private Company Ownership
私人公司所有權
Our data indicates that Private Companies hold 39%, 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.
我們的數據表明,私人公司持有該公司39%的股份。私人公司可能是關聯方。有時,內部人士通過持有私營公司的股權而對上市公司感興趣,而不是以個人身份獲得權益。雖然很難得出任何廣泛的中風結論,但值得注意的是,這是一個有待進一步研究的領域。
Next Steps:
後續步驟:
While it is well worth considering the different groups that own a company, there are other factors that are even more important. Consider risks, for instance. Every company has them, and we've spotted 1 warning sign for Vantone Neo Development Group you should know about.
儘管值得考慮擁有公司的不同群體,但還有其他因素更爲重要。例如,考慮風險。每家公司都有它們,我們已經發現了一個你應該知道的Vantone Neo開發集團的警告信號。
If you would prefer discover what analysts are predicting in terms of future growth, do not miss this free report on analyst forecasts.
如果你想了解分析師對未來增長的預測,千萬不要錯過這份關於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.
注意:本文中的數字是使用過去十二個月的數據計算得出的,這些數據是指截至財務報表日期當月最後一天的12個月期間。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.
對這篇文章有反饋嗎?對內容感到擔憂?直接聯繫我們。 或者,給編輯團隊 (at) simplywallst.com 發送電子郵件。
Simply Wall St的這篇文章本質上是籠統的。我們僅使用公正的方法根據歷史數據和分析師的預測提供評論,我們的文章無意作爲財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之,華爾街沒有持有任何上述股票的頭寸。