Stock Analysis

Top Growth Companies With Strong Insider Ownership October 2024

SZSE:301031
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In October 2024, global markets have been marked by significant movements, with the S&P 500 and Nasdaq Composite showing robust gains driven by sectors like utilities and real estate, while European markets responded positively to the European Central Bank's rate cuts. Amidst these market dynamics, identifying growth companies with high insider ownership can be particularly appealing, as such stocks often indicate strong confidence from those who know the business best.

Top 10 Growth Companies With High Insider Ownership

NameInsider OwnershipEarnings Growth
Lavvi Empreendimentos Imobiliários (BOVESPA:LAVV3)11.9%21.1%
Atlas Energy Solutions (NYSE:AESI)29.1%41.9%
Kirloskar Pneumatic (BSE:505283)30.3%30.1%
Arctech Solar Holding (SHSE:688408)37.8%29.8%
Laopu Gold (SEHK:6181)36.4%33.2%
HANA Micron (KOSDAQ:A067310)18.3%105.8%
Credo Technology Group Holding (NasdaqGS:CRDO)13.9%95%
Adveritas (ASX:AV1)21.2%144.2%
Plenti Group (ASX:PLT)12.8%106.4%
EHang Holdings (NasdaqGM:EH)32.8%81.4%

Click here to see the full list of 1480 stocks from our Fast Growing Companies With High Insider Ownership screener.

Here's a peek at a few of the choices from the screener.

KBC Corporation (SHSE:688598)

Simply Wall St Growth Rating: ★★★★★☆

Overview: KBC Corporation, Ltd. is involved in the research, development, production, and sale of carbon-based composite materials and products both in China and internationally, with a market cap of CN¥4.90 billion.

Operations: KBC Corporation, Ltd. generates revenue through its activities in the research, development, production, and sale of carbon-based composite materials and products across domestic and international markets.

Insider Ownership: 15.3%

KBC Corporation demonstrates significant growth potential, with revenue forecasted to increase by 57% annually, outpacing the market. Despite recent financial setbacks—reporting a net loss of CNY 103.18 million for the half year ended June 30, 2024—the company is expected to become profitable over the next three years. The recent share buyback program reflects management's commitment to shareholder value despite a volatile share price and low forecasted return on equity at 4.9%.

SHSE:688598 Earnings and Revenue Growth as at Oct 2024
SHSE:688598 Earnings and Revenue Growth as at Oct 2024

Shenzhen Sinexcel ElectricLtd (SZSE:300693)

Simply Wall St Growth Rating: ★★★★★★

Overview: Shenzhen Sinexcel Electric Co., Ltd. operates as a provider of energy interconnection ecosystems across various continents including Asia, Oceania, Europe, North America, South America, and Africa with a market capitalization of CN¥8.26 billion.

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Insider Ownership: 28.9%

Shenzhen Sinexcel Electric Ltd. shows strong growth prospects, with revenue expected to grow 28.1% annually, surpassing the Chinese market average. Despite a volatile share price and earnings per share remaining flat year-over-year, the company trades significantly below its estimated fair value. Recent earnings reported sales of CNY 1.40 billion for the half year ended June 2024, up from CNY 1.08 billion previously. The company's buyback program has been modestly active, enhancing shareholder value without substantial insider trading activity recently noted.

SZSE:300693 Ownership Breakdown as at Oct 2024
SZSE:300693 Ownership Breakdown as at Oct 2024

Xi'an Sinofuse Electric (SZSE:301031)

Simply Wall St Growth Rating: ★★★★★★

Overview: Xi'an Sinofuse Electric Co., Ltd. focuses on the research, development, production, and sale of circuit protection devices and fuses, with a market cap of CN¥6.63 billion.

Operations: The company's revenue primarily comes from its circuit protection devices, fuses, and related accessories.

Insider Ownership: 36.8%

Xi'an Sinofuse Electric is poised for robust growth, with earnings projected to rise significantly at 45.3% annually, outpacing the Chinese market. Revenue growth is also strong, forecasted at 29.7% per year. Despite a dip in profit margins from 15.6% to 10.8%, recent financials show increased sales and net income compared to last year. The company completed a modest share buyback worth CNY 20.14 million, reflecting strategic capital allocation without significant insider trading activity recently observed.

SZSE:301031 Earnings and Revenue Growth as at Oct 2024
SZSE:301031 Earnings and Revenue Growth as at Oct 2024

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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.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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