Stock Analysis
Individual investors among Zhejiang Yilida Ventilator Co.,Ltd.'s (SZSE:002686) largest shareholders, saw gain in holdings value after stock jumped 11% last week
Key Insights
- Significant control over Zhejiang Yilida VentilatorLtd by individual investors implies that the general public has more power to influence management and governance-related decisions
- The top 5 shareholders own 51% of the company
- Insiders own 12% of Zhejiang Yilida VentilatorLtd
Every investor in Zhejiang Yilida Ventilator Co.,Ltd. (SZSE:002686) should be aware of the most powerful shareholder groups. With 46% stake, individual investors possess the maximum shares in the company. Put another way, the group faces the maximum upside potential (or downside risk).
As a result, individual investors collectively scored the highest last week as the company hit CN¥3.6b market cap following a 11% gain in the stock.
In the chart below, we zoom in on the different ownership groups of Zhejiang Yilida VentilatorLtd.
See our latest analysis for Zhejiang Yilida VentilatorLtd
What Does The Institutional Ownership Tell Us About Zhejiang Yilida VentilatorLtd?
Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing.
Less than 5% of Zhejiang Yilida VentilatorLtd is held by institutional investors. This suggests that some funds have the company in their sights, but many have not yet bought shares in it. If the business gets stronger from here, we could see a situation where more institutions are keen to buy. 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.
Zhejiang Yilida VentilatorLtd is not owned by hedge funds. Zhejiang International Business Group Co.,Ltd is currently the largest shareholder, with 37% of shares outstanding. In comparison, the second and third largest shareholders hold about 9.2% and 2.0% of the stock.
Our research also brought to light the fact that roughly 51% of the company is controlled by the top 5 shareholders suggesting that these owners wield significant influence on the business.
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. Our information suggests that there isn't any analyst coverage of the stock, so it is probably little known.
Insider Ownership Of Zhejiang Yilida VentilatorLtd
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. 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.
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 insiders own a significant proportion of Zhejiang Yilida Ventilator Co.,Ltd.. It has a market capitalization of just CN¥3.6b, and insiders have CN¥430m worth of shares in their own names. This may suggest that the founders still own a lot of shares. You can click here to see if they have been buying or selling.
General Public Ownership
The general public, who are usually individual investors, hold a 46% stake in Zhejiang Yilida VentilatorLtd. 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.
Private Company Ownership
It seems that Private Companies own 38%, of the Zhejiang Yilida VentilatorLtd stock. It's hard to draw any conclusions from this fact alone, so its worth looking into who owns those private companies. Sometimes insiders or other related parties have an interest in shares in a public company through a separate private company.
Next Steps:
It's always worth thinking about the different groups who own shares in a company. But to understand Zhejiang Yilida VentilatorLtd better, we need to consider many other factors. For instance, we've identified 2 warning signs for Zhejiang Yilida VentilatorLtd that you should be aware of.
Of course this may not be the best stock to buy. Therefore, you may wish to see our free collection of interesting prospects boasting favorable financials.
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.
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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.
About SZSE:002686
Zhejiang Yilida VentilatorLtd
Engages in the manufacture and sales of central air conditioner and building fans in China and internationally.