Sichuan Jiuzhou Electronic Co., Ltd.'s (SZSE:000801) Largest Shareholders Are Private Companies Who Were Rewarded as Market Cap Surged CN¥532m Last Week
Sichuan Jiuzhou Electronic Co., Ltd.'s (SZSE:000801) Largest Shareholders Are Private Companies Who Were Rewarded as Market Cap Surged CN¥532m Last Week
Key Insights
关键见解
- The considerable ownership by private companies in Sichuan Jiuzhou Electronic indicates that they collectively have a greater say in management and business strategy
- The top 3 shareholders own 50% of the company
- Using data from company's past performance alongside ownership research, one can better assess the future performance of a company
- 私营公司在四川九洲电子拥有大量所有权,这表明它们在管理和业务战略方面集体拥有更大的发言权
- 前三名股东拥有公司50%的股份
- 使用公司过去业绩的数据以及所有权研究,可以更好地评估公司的未来表现
If you want to know who really controls Sichuan Jiuzhou Electronic Co., Ltd. (SZSE:000801), 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 50% to be precise, is private companies. Put another way, the group faces the maximum upside potential (or downside risk).
如果你想知道谁真正控制着四川九洲电子股份有限公司(SZSE: 000801),那么你必须看看其股票登记处的构成。持有该公司股份最多的集团是私营公司,准确地说约为50%。换句话说,该集团面临最大的上行潜力(或下行风险)。
As a result, private companies were the biggest beneficiaries of last week's 4.1% gain.
结果,私营公司是上周4.1%涨幅的最大受益者。
Let's delve deeper into each type of owner of Sichuan Jiuzhou Electronic, beginning with the chart below.
让我们从下图开始,深入研究四川九洲电子的每种类型的所有者。
![ownership-breakdown](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240523/0-5a4276a54dff9f35c6737d5b4f1fee8d-0-fbb02689253fccc29370d9038118cf41.png/big)
What Does The Institutional Ownership Tell Us About Sichuan Jiuzhou Electronic?
关于四川九洲电子,机构所有权告诉我们什么?
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.
许多机构根据近似于当地市场的指数来衡量自己的表现。因此,他们通常会更多地关注主要指数中包含的公司。
As you can see, institutional investors have a fair amount of stake in Sichuan Jiuzhou Electronic. 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 Sichuan Jiuzhou Electronic's historic earnings and revenue below, but keep in mind there's always more to the story.
如您所见,机构投资者持有四川九洲电子的相当数量的股份。这意味着在这些机构工作的分析师已经看过这只股票,他们很喜欢。但是就像其他人一样,他们可能错了。当多家机构拥有一只股票时,总是存在处于 “拥挤交易” 的风险。当这样的交易出错时,多方可能会竞相快速出售股票。对于没有增长历史的公司,这种风险更高。你可以在下面看到四川九洲电子的历史收益和收入,但请记住,故事总是有更多。
![earnings-and-revenue-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240523/0-5a4276a54dff9f35c6737d5b4f1fee8d-1-af31a9fa9e210e5947d2f9040993ba12.png/big)
Sichuan Jiuzhou Electronic is not owned by hedge funds. The company's largest shareholder is Sichuan Jiuzhou Investment Holding Group Co., Ltd., with ownership of 48%. Meanwhile, the second and third largest shareholders, hold 1.4% and 1.2%, of the shares outstanding, respectively.
四川九洲电子不归对冲基金所有。公司的最大股东是四川九洲投资控股集团有限公司,持股48%。同时,第二和第三大股东分别持有已发行股份的1.4%和1.2%。
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.
在进一步挖掘之后,我们发现前三名股东共同控制了公司一半以上的股份,这意味着他们拥有影响公司决策的巨大权力。
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. There is some analyst coverage of the stock, but it could still become more well known, with time.
研究机构所有权是衡量和筛选股票预期表现的好方法。通过研究分析师的情绪也可以达到同样的目的。有一些分析师对这只股票的报道,但随着时间的推移,它仍可能变得更加广为人知。
Insider Ownership Of Sichuan Jiuzhou Electronic
四川九洲电子的内部所有权
While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. 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.
尽管内部人士的确切定义可能是主观的,但几乎每个人都认为董事会成员是内部人士。管理层最终对董事会负责。但是,经理成为执行委员会成员的情况并不少见,尤其是当他们是创始人或首席执行官时。
Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group.
大多数人认为内部所有权是积极的,因为这可能表明董事会与其他股东关系良好。但是,在某些情况下,过多的权力集中在该群体中。
Our data cannot confirm that board members are holding shares personally. It is unusual not to have at least some personal holdings by board members, so our data might be flawed. A good next step would be to check how much the CEO is paid.
我们的数据无法证实董事会成员亲自持有股份。董事会成员不持有至少部分个人持股的情况很少见,因此我们的数据可能存在缺陷。一个不错的下一步是检查首席执行官的薪水是多少。
General Public Ownership
一般公有制
The general public-- including retail investors -- own 44% stake in the company, and hence can't easily be ignored. 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.
包括散户投资者在内的公众拥有该公司44%的股份,因此不容忽视。尽管这种所有权规模可能不足以影响有利于他们的政策决定,但它们仍然可以对公司政策产生集体影响。
Private Company Ownership
私人公司所有权
We can see that Private Companies own 50%, of the shares on issue. 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.
我们可以看到,私人公司拥有已发行股份的50%。可能值得对此进行更深入的研究。如果关联方,例如内部人士,对其中一家私营公司有兴趣,则应在年度报告中予以披露。私营公司也可能在公司中拥有战略利益。
Next Steps:
后续步骤:
It's always worth thinking about the different groups who own shares in a company. But to understand Sichuan Jiuzhou Electronic better, we need to consider many other factors. Be aware that Sichuan Jiuzhou Electronic is showing 3 warning signs in our investment analysis , and 1 of those makes us a bit uncomfortable...
拥有公司股份的不同群体总是值得考虑的。但是,要更好地了解四川九洲电子,我们需要考虑许多其他因素。请注意,四川九洲电子在我们的投资分析中显示了3个警告信号,其中一个让我们有点不舒服...
Ultimately the future is most important. You can access this free report on analyst forecasts for the company.
归根结底,未来是最重要的。您可以访问这份关于公司分析师预测的免费报告。
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:本文中的数字是使用过去十二个月的数据计算得出的,这些数据是指截至财务报表日期当月最后一天的12个月期间。这可能与全年年度报告数据不一致。
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.
对这篇文章有反馈吗?对内容感到担忧?直接联系我们。 或者,给编辑团队 (at) simplywallst.com 发送电子邮件。
Simply Wall St的这篇文章本质上是笼统的。我们仅使用公正的方法根据历史数据和分析师的预测提供评论,我们的文章无意作为财务建议。它不构成买入或卖出任何股票的建议,也没有考虑到您的目标或财务状况。我们的目标是为您提供由基本数据驱动的长期重点分析。请注意,我们的分析可能不考虑最新的价格敏感型公司公告或定性材料。简而言之,华尔街没有持有任何上述股票的头寸。