Stock Analysis

A great week for institutional investors who own 43% of Anbang Save-Guard Group Co.,Ltd. (SHSE:603373)

Published
SHSE:603373

Key Insights

  • Significantly high institutional ownership implies Anbang Save-Guard GroupLtd's stock price is sensitive to their trading actions
  • The top 2 shareholders own 55% of the company
  • Ownership research, combined with past performance data can help provide a good understanding of opportunities in a stock

If you want to know who really controls Anbang Save-Guard Group Co.,Ltd. (SHSE:603373), then you'll have to look at the makeup of its share registry. And the group that holds the biggest piece of the pie are institutions with 43% ownership. Put another way, the group faces the maximum upside potential (or downside risk).

As a result, institutional investors were the biggest beneficiaries of last week’s 11% gain.

Let's take a closer look to see what the different types of shareholders can tell us about Anbang Save-Guard GroupLtd.

View our latest analysis for Anbang Save-Guard GroupLtd

SHSE:603373 Ownership Breakdown July 31st 2024

What Does The Institutional Ownership Tell Us About Anbang Save-Guard GroupLtd?

Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.

Anbang Save-Guard GroupLtd already has institutions on the share registry. Indeed, they own a respectable stake in the company. 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. 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 Anbang Save-Guard GroupLtd, (below). Of course, keep in mind that there are other factors to consider, too.

SHSE:603373 Earnings and Revenue Growth July 31st 2024

We note that hedge funds don't have a meaningful investment in Anbang Save-Guard GroupLtd. Looking at our data, we can see that the largest shareholder is Zhejiang State-owned Capital Operation Co.,Ltd. with 42% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 14% and 4.7%, of the shares outstanding, respectively. Furthermore, CEO Bin Zhuge is the owner of 0.7% of the company's shares.

To make our study more interesting, we found that the top 2 shareholders have a majority ownership in the company, meaning that they are powerful enough to influence the decisions of the company.

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. We're not picking up on any analyst coverage of the stock at the moment, so the company is unlikely to be widely held.

Insider Ownership Of Anbang Save-Guard GroupLtd

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.

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.

Our most recent data indicates that insiders own some shares in Anbang Save-Guard Group Co.,Ltd.. It has a market capitalization of just CN¥3.0b, and insiders have CN¥69m worth of shares, in their own names. Some would say this shows alignment of interests between shareholders and the board. But it might be worth checking if those insiders have been selling.

General Public Ownership

The general public-- including retail investors -- own 25% 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.

Private Company Ownership

Our data indicates that Private Companies hold 26%, of the company's shares. 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.

Public Company Ownership

It appears to us that public companies own 3.7% of Anbang Save-Guard GroupLtd. This may be a strategic interest and the two companies may have related business interests. It could be that they have de-merged. This holding is probably worth investigating further.

Next Steps:

It's always worth thinking about the different groups who own shares in a company. But to understand Anbang Save-Guard GroupLtd better, we need to consider many other factors. For instance, we've identified 1 warning sign for Anbang Save-Guard GroupLtd that you should be aware of.

If you would prefer check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, backed by strong financial data.

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.