CTS International Logistics Corporation Limited's (SHSE:603128) Last Week's 6.4% Decline Must Have Disappointed Private Companies Who Have a Significant Stake
CTS International Logistics Corporation Limited's (SHSE:603128) Last Week's 6.4% Decline Must Have Disappointed Private Companies Who Have a Significant Stake
Key Insights
主要见解
- CTS International Logistics' significant private companies ownership suggests that the key decisions are influenced by shareholders from the larger public
- 51% of the business is held by the top 3 shareholders
- Institutional ownership in CTS International Logistics is 12%
- CTS国际物流的重要私人公司所有权表明,关键决策受到来自大众股东的影响。
- 前三大股东持有该业务的51%。
- CTS国际物流的机构所有权为12%。
To get a sense of who is truly in control of CTS International Logistics Corporation Limited (SHSE:603128), it is important to understand the ownership structure of the business. We can see that private companies own the lion's share in the company with 46% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).
为了了解谁真正掌控着华贸物流股份有限公司(SHSE:603128),了解该企业的所有权结构非常重要。我们可以看到,私人公司拥有该公司的绝大部分股份,占46%的所有权。也就是说,如果股票上涨,该集团将获得最大的收益(或者如果经济下行,将承受最大的损失)。
And last week, private companies endured the biggest losses as the stock fell by 6.4%.
上周,随着股票下跌了6.4%,私人公司遭受了最大的损失。
Let's delve deeper into each type of owner of CTS International Logistics, beginning with the chart below.
让我们深入探讨CTS国际物流的每种所有者类型,从下面的图表开始。
![ownership-breakdown](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240612/0-7cdd4c5c4e74ffb7b71cfec5efe671f4-0-6deb0a4cb2780015b2c9c199afc60607.png/big)
What Does The Institutional Ownership Tell Us About CTS International Logistics?
机构所有权告诉我们CTS国际物流的什么信息?
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.
许多机构衡量其业绩的标准是一个近似于当地市场的指数。因此,他们通常更加关注包括在主要指数中的公司。
We can see that CTS International Logistics 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 CTS International Logistics, (below). Of course, keep in mind that there are other factors to consider, too.
我们可以看到,CTS国际物流确实拥有机构投资者,并且他们持有公司股票的一部分。这可能意味着公司在投资界具有一定的信誉度。然而,最好谨慎依赖机构投资者所带来的所谓认可。他们也有时会犯错。如果两个大型机构投资者同时尝试卖出某个股票,股价大跌也是很常见的情况。因此,值得检查CTS国际物流的过去收益轨迹(如下所示)。当然,也要记住还有其他因素需要考虑。
![earnings-and-revenue-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240612/0-7cdd4c5c4e74ffb7b71cfec5efe671f4-1-7169188d9bb480701019c9abaf84ebeb.png/big)
Hedge funds don't have many shares in CTS International Logistics. The company's largest shareholder is China Logistics Group Co., Ltd., with ownership of 46%. E Fund Management Co., Ltd. is the second largest shareholder owning 2.9% of common stock, and National Council for Social Security Fund holds about 1.9% of the company stock.
对于华贸物流,对冲基金没有太多的股票。该公司最大的股东是中国物流集团有限公司,拥有46%的股份。鹅投资管理有限公司是持有普通股的第二大股东,拥有2.9%的股份,全国社会保障基金持有公司股票的约1.9%。
A more detailed study of the shareholder registry showed us that 3 of the top shareholders have a considerable amount of ownership in the company, via their 51% stake.
股东登记簿的更详细研究表明,前三大股东拥有51%的股权,其所有权相当重要。
While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.
虽然研究公司的机构所有权可以增加您的研究价值,但研究分析师建议是了解股票预期表现的更深入的做法。相当多的分析师都对该股票进行了研究,因此您可以轻松地查看预测增长。
Insider Ownership Of CTS International Logistics
CTS国际物流的内部所有权
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.
内部人员的定义在不同国家之间可能略有不同,但董事会成员始终计数。公司管理层回答董事会,在此应代表股东利益。值得注意的是,有时高级管理人员也在董事会上。
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.
当内部人持股情况表明领导层思考和公司真正所有者一样时,内部所有权是积极的。然而,高达内部人士所有权也可能为公司内的小团体带来巨大的权力。在某些情况下,这可能是负面的。
Our data suggests that insiders own under 1% of CTS International Logistics Corporation Limited in their own names. We do note, however, it is possible insiders have an indirect interest through a private company or other corporate 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¥26m worth of shares. It is always good to see at least some insider ownership, but it might be worth checking if those insiders have been selling.
我们的数据表明,内部人员仅以自己的名义拥有华贸物流股份有限公司的不到1%。但是,我们注意到,内部人员可能通过私人公司或其他公司结构间接持有利益。它是一家大公司,因此即使少量的比例利益也可以在董事会和股东之间创造共识。在这种情况下,内部人员拥有价值2600万人民币的股票。看到至少拥有一些内部股权总是件好事,但最好检查这些内部人员是否一直在卖出。
General Public Ownership
一般大众所有权
The general public-- including retail investors -- own 42% 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.
普通公众(包括散户投资者)拥有该公司的42%的股份,因此不能轻易被忽视。尽管这个群体不能完全掌控局面,但它确实可以对公司的经营方式产生实质上的影响。
Private Company Ownership
私有公司的所有权
We can see that Private Companies own 46%, of the shares on issue. 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.
我们可以看到私人公司拥有发行股份的46%。私人公司可能是相关方。有时内幕人士通过掌握私人公司的持股权来参与公众公司,而不是以个人的身份。虽然很难得出任何广泛的结论,但值得注意作为进一步研究的一个领域。
Next Steps:
下一步:
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. For example, we've discovered 1 warning sign for CTS International Logistics that you should be aware of before investing here.
我觉得查看一家公司的具体所有者非常有趣。但是,为了真正获得洞察力,我们还需要考虑其他信息。例如,在此处进行投资之前,我们发现了CTS国际物流的1个警告信号,您需要注意这一点。
Ultimately the future is most important. You can access this free report on analyst forecasts for the company.
最终,未来最重要。您可以在这份关于该公司分析师预测的免费报告中获取有关信息。
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:本文中的数据是使用最后一个财务报表日期结束的为期12个月的数据计算的。这可能与全年年度报告数据不一致。
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