Top Growth Companies With High Insider Ownership In August 2024

As global markets experienced mixed performance in light pre-holiday trading, with value stocks outperforming growth shares and inflation data showing signs of stability, investors are increasingly looking for robust opportunities. One key indicator of a promising stock is high insider ownership, which often signals confidence from those closest to the company's operations.

Top 10 Growth Companies With High Insider Ownership

Click here to see the full list of 1569 stocks from our Fast Growing Companies With High Insider Ownership screener.

Let's explore several standout options from the results in the screener.

Innovation New Material Technology (SHSE:600361)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Innovation New Material Technology Co., Ltd. operates in the advanced materials sector with a market cap of CN¥16.51 billion.

Operations: Innovation New Material Technology Co., Ltd. generates revenue primarily from its operations in the advanced materials sector, with a market cap of CN¥16.51 billion.

Insider Ownership: 19.1%

Innovation New Material Technology has demonstrated significant earnings growth, with a forecasted annual profit increase of 24.18%, surpassing the CN market average. Despite its volatile share price and high level of non-cash earnings, the company is trading at a favorable P/E ratio of 16.1x compared to the market's 26.6x. Recent half-year results showed sales rising to CNY 38.73 billion from CNY 35.23 billion, with net income increasing to CNY 578 million from CNY 508 million year-on-year.

• Unlock comprehensive insights into our analysis of Innovation New Material Technology stock in this growth report.
• Upon reviewing our latest valuation report, Innovation New Material Technology's share price might be too pessimistic.

Beijing Oriental Yuhong Waterproof Technology (SZSE:002271)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Beijing Oriental Yuhong Waterproof Technology Co., Ltd. and its subsidiaries focus on the research, development, production, and sale of waterproof materials primarily in China, with a market cap of CN¥25.87 billion.

Operations: Revenue Segments (in millions of CN¥): Waterproofing Membranes: 9,500.00; Coatings: 6,200.00; Mortars: 3,800.00; Insulation Materials: 2,400.00; Others: 1,100.00 The company's revenue is derived from waterproofing membranes (CN¥9.50 billion), coatings (CN¥6.20 billion), mortars (CN¥3.80 billion), and insulation materials (CN¥2.40 billion).

Insider Ownership: 26.7%

Beijing Oriental Yuhong Waterproof Technology, a growth company with high insider ownership, is forecasted to achieve significant annual earnings growth of 30.4% over the next three years, outpacing the CN market average. Despite a recent dip in half-year sales and net income, its P/E ratio of 13.7x remains attractive compared to the market's 26.6x. The company is expanding globally with new production and R&D facilities in Houston, aiming to enhance its international footprint and operational capacity further.

• Dive into the specifics of Beijing Oriental Yuhong Waterproof Technology here with our thorough growth forecast report.
• In light of our recent valuation report, it seems possible that Beijing Oriental Yuhong Waterproof Technology is trading beyond its estimated value.

Yunnan Energy New Material (SZSE:002812)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Yunnan Energy New Material Co., Ltd., along with its subsidiaries, provides film products both in China and internationally, with a market cap of CN¥26.03 billion.

Operations: Yunnan Energy New Material Co., Ltd. generates revenue through the sale of film products both domestically and internationally.

Insider Ownership: 30.6%

Yunnan Energy New Material is forecasted to achieve significant annual earnings growth of 31.3% and revenue growth of 21.7%, outpacing the CN market averages. Despite a recent decline in half-year sales and net income, its P/E ratio of 18.4x remains attractive compared to the market's 26.6x. The company has completed a share buyback program worth CNY 200 million, reflecting strong insider confidence amidst ongoing financial adjustments and strategic initiatives to enhance shareholder value.

• Take a closer look at Yunnan Energy New Material's potential here in our earnings growth report.
• Our expertly prepared valuation report Yunnan Energy New Material implies its share price may be lower than expected.

Where To Now?

• Get an in-depth perspective on all 1569 Fast Growing Companies With High Insider Ownership by using our screener here.
• Shareholder in one or more of these companies? Ensure you're never caught off-guard by adding your portfolio in Simply Wall St for timely alerts on significant stock developments.
• Simply Wall St is a revolutionary app designed for long-term stock investors, it's free and covers every market in the world.

Interested In Other Possibilities?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
• Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence.
• Find companies with promising cash flow potential yet trading below their fair value.

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.The analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years.

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