Dongfang Electronics Co., Ltd.'s (SZSE:000682) Stock Price Dropped 4.7% Last Week; Individual Investors Would Not Be Happy
Dongfang Electronics Co., Ltd.'s (SZSE:000682) Stock Price Dropped 4.7% Last Week; Individual Investors Would Not Be Happy
Key Insights
主要见解
- Significant control over Dongfang Electronics by individual investors implies that the general public has more power to influence management and governance-related decisions
- The top 4 shareholders own 50% of the company
- Past performance of a company along with ownership data serve to give a strong idea about prospects for a business
- 个人投资者对东方电子的重大控制意味着公众对管理和治理相关决策具有更大的影响力。
- 前4大股东拥有公司的50%的股份。
- 公司过去的业绩以及所有权数据,有助于形成对业务前景的强烈想法。
To get a sense of who is truly in control of Dongfang Electronics Co., Ltd. (SZSE:000682), it is important to understand the ownership structure of the business. We can see that individual investors own the lion's share in the company with 45% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).
要了解东方电子股份有限公司(SZSE:000682)真正掌控者的身份,了解该企业的所有权结构至关重要。 我们可以看到,个人投资者拥有公司45%的所有权。 这意味着,如果股票上涨(或者经济下滑),该群体将获得最大的利益或损失最大。
As a result, individual investors as a group endured the highest losses last week after market cap fell by CN¥711m.
因此,个人投资者作为一个群体,在市值下跌-CN¥71100万后遭受了最大的损失。
In the chart below, we zoom in on the different ownership groups of Dongfang Electronics.
在下面的图表中,我们将重点关注东方电子的不同所有权群体。
![ownership-breakdown](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240627/0-abbb4755a0609640d61aa8a364c3b463-0-836dc56746f0e0dbacf49db4deb37332.png/big)
What Does The Institutional Ownership Tell Us About Dongfang Electronics?
机构投资者对东方电子有何启示?
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。
As you can see, institutional investors have a fair amount of stake in Dongfang Electronics. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. 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 Dongfang Electronics' historic earnings and revenue below, but keep in mind there's always more to the story.
正如您所看到的,机构投资者在东方电子中持有相当数量的股份。 这表明专业投资者之间存在一定的信誉。 但我们不能仅依靠这一事实,因为机构有时会像其他人一样犯错误的投资。 当多个机构持有股票时,存在它们处于“拥挤交易”的风险。 当此类交易出现问题时,多个方可能会竞相快速抛售股票。 在一个历史增长不佳的公司中,这种风险更高。 您可以在下面查看东方电子的历史收益和营业收入,但请记住还有更多的故事。
![earnings-and-revenue-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240627/0-abbb4755a0609640d61aa8a364c3b463-1-6acc7cc5b0ccc28be7d3ad59e70d987f.png/big)
Hedge funds don't have many shares in Dongfang Electronics. Looking at our data, we can see that the largest shareholder is Orient Precision Industries Inc with 28% of shares outstanding. With 14% and 6.3% of the shares outstanding respectively, Y.R. Delta Fund and National Council for Social Security Fund are the second and third largest shareholders.
对于东方电子而言,对冲基金并没有持有太多股票。 从我们的数据来看,最大的股东是东方精工,占流通股28%。而益润达基金和全国社会保障基金会分别持有流通股的14%和6.3%,为第二大和第三大股东。
Our research also brought to light the fact that roughly 50% of the company is controlled by the top 4 shareholders suggesting that these owners wield significant influence on the business.
我们的研究也揭示了一个事实,即四大股东大约控制着公司的50%的股份,这表明这些所有者在业务中具有重要的影响力。
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.
上海阿拉丁生物化学技术股份有限公司的内部人员拥有重要比例,内部人员在这家总价值27亿人民币的公司中持有12亿人民币的股份。这可能表明创始人仍然拥有很多股份。您可以单击此处查看他们是否进行了买卖。
Insider Ownership Of Dongfang Electronics
东方电子内部人持有情况
The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.
公司内部人员的定义可能是主观的,并且在不同的司法管辖区之间是不同的。我们的数据反映了个别内部人员,至少捕捉到了董事会成员。公司管理业务,但首席执行官即使是董事会成员也必须向董事会负责。
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 Dongfang Electronics Co., Ltd. in their own names. It is a pretty big company, so it would be possible for board members to own a meaningful interest in the company, without owning much of a proportional interest. In this case, they own around CN¥1.9m worth of shares (at current prices). It is good to see board members owning shares, but it might be worth checking if those insiders have been buying.
我们的数据显示,内部人以自己的名义持有东方电子股份有限公司的股份不超过1%。 它是一家相当大的公司,所以董事会成员可能拥有公司的重大利益,而没有拥有相应比例的股权。 在这种情况下,他们持有约CN¥190万的股份(以目前的价格计算)。看到董事会成员持有股份是好的,但也值得检查这些内部人是否一直在买进股票。
General Public Ownership
一般大众所有权
The general public-- including retail investors -- own 45% 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.
普通公众(包括散户投资者)持有该公司45%的股权,因此不容易被忽视。虽然这个所有权的规模可能不足以影响政策决策,但他们仍然可以对公司政策产生集体影响。
Private Equity Ownership
股权投资公司持有8.8%的股份,有能力参与塑造以价值创造为重点的公司策略。一些投资者可能会因此而受到鼓舞,因为股权投资公司有时可以鼓励市场看到公司的价值,从而采取有益的策略。另外,那些持有者可能在将其上市后退出投资。
With a stake of 14%, private equity firms could influence the Dongfang Electronics board. Some might like this, because private equity are sometimes activists who hold management accountable. But other times, private equity is selling out, having taking the company public.
拥有14%股份的私募股权投资公司可能会影响东方电子的董事会。 有些人可能会喜欢这一点,因为私募股权投资公司有时会成为激进派,追求让管理层负责。 但是,私募股权投资公司有时也会在公司上市之后卖出交易。
Public Company Ownership
上市公司所有权
We can see that public companies hold 28% of the Dongfang Electronics shares on issue. It's hard to say for sure but this suggests they have entwined business interests. This might be a strategic stake, so it's worth watching this space for changes in ownership.
我们可以看到,公共公司持有东方电子发行的28%股份。 很难说清楚,但这表明它们拥有错综复杂的商业利益。 这可能是一种战略性的股份,因此值得密切关注所有权变化。
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 Dongfang Electronics that you should be aware of before investing here.
我觉得看看谁真正拥有一家公司非常有趣。 但是,为了获得真正的见解,我们需要考虑其他信息。 例如,我们发现了一种警告法规,您应在在此处投资之前了解。
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.
但最终,决定该业务所有者将获得多大利益的是未来而非过去。因此,我们认为最好查看此免费报告,以了解分析师是否预测更光明的未来。
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。
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.
对本文有反馈?关于内容有所顾虑?直接和我们联系。或电邮 editorial-team (at) simplywallst.com。
这篇文章是Simply Wall St的一般性文章。我们根据历史数据和分析师预测提供评论,只使用公正的方法论,我们的文章并不意味着提供任何金融建议。文章不构成买卖任何股票的建议,也不考虑您的目标或您的财务状况。我们的目标是带给您基本数据驱动的长期关注分析。请注意,我们的分析可能不考虑最新的价格敏感公司公告或定性材料。Simply Wall St没有任何股票头寸。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
对本文有反馈?关于内容有所顾虑?直接和我们联系。或者,也可以发送电子邮件至editorial-team@simplywallst.com