Retail investors are Shanghai Anoky Group Co., Ltd's (SZSE:300067) biggest owners and were hit after market cap dropped CN¥404m

Key Insights

• Shanghai Anoky Group's significant retail investors ownership suggests that the key decisions are influenced by shareholders from the larger public
• The top 15 shareholders own 47% of the company
• Insider ownership in Shanghai Anoky Group is 37%

If you want to know who really controls Shanghai Anoky Group Co., Ltd (SZSE:300067), then you'll have to look at the makeup of its share registry. With 53% stake, retail investors possess the maximum shares in the company. Put another way, the group faces the maximum upside potential (or downside risk).

While insiders, who own 37% shares weren’t spared from last week’s CN¥404m market cap drop, retail investors as a group suffered the maximum losses

In the chart below, we zoom in on the different ownership groups of Shanghai Anoky Group.

Check out our latest analysis for Shanghai Anoky Group

What Does The Institutional Ownership Tell Us About Shanghai Anoky Group?

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.

Shanghai Anoky Group already has institutions on the share registry. Indeed, they own a respectable stake in the company. 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. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Shanghai Anoky Group's earnings history below. Of course, the future is what really matters.

Shanghai Anoky Group is not owned by hedge funds. The company's CEO Lijun Ji is the largest shareholder with 32% of shares outstanding. With 4.6% and 4.5% of the shares outstanding respectively, Shanghai Guqu Private Fund Management Co., Ltd. and Shanghai Ruifeng Private Equity Fund Management Co., Ltd. are the second and third largest shareholders.

A deeper look at our ownership data shows that the top 15 shareholders collectively hold less than half of the register, suggesting a large group of small holders where no single shareholder has a majority.

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 Shanghai Anoky Group

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 a reasonable proportion of Shanghai Anoky Group Co., Ltd. It has a market capitalization of just CN¥5.5b, and insiders have CN¥2.0b 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, mostly comprising of individual investors, collectively holds 53% of Shanghai Anoky Group shares. This size of ownership gives investors from the general public some collective power. They can and probably do influence decisions on executive compensation, dividend policies and proposed business acquisitions.

Next Steps:

It's always worth thinking about the different groups who own shares in a company. But to understand Shanghai Anoky Group better, we need to consider many other factors. Like risks, for instance. Every company has them, and we've spotted 4 warning signs for Shanghai Anoky Group (of which 3 are significant!) you should know about.

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.