Stock Analysis

High Insider Ownership Growth Stocks To Consider In November 2024

SHSE:688097
Source: Shutterstock

As global markets navigate a complex landscape marked by fluctuating indices and mixed economic signals, investors are keenly observing the performance of growth stocks, which have recently lagged behind their value counterparts. In this environment, companies with high insider ownership can offer unique insights into potential resilience and alignment of interests between management and shareholders, making them an intriguing option for those considering growth opportunities in November 2024.

Top 10 Growth Companies With High Insider Ownership

NameInsider OwnershipEarnings Growth
Lavvi Empreendimentos Imobiliários (BOVESPA:LAVV3)17.3%21.1%
Archean Chemical Industries (NSEI:ACI)22.9%34%
Kirloskar Pneumatic (BSE:505283)30.3%26.3%
People & Technology (KOSDAQ:A137400)16.4%35.6%
Laopu Gold (SEHK:6181)36.4%33%
Alkami Technology (NasdaqGS:ALKT)11.2%98.6%
Adveritas (ASX:AV1)21.2%144.2%
Plenti Group (ASX:PLT)12.8%107.6%
EHang Holdings (NasdaqGM:EH)32.8%81.4%
UTI (KOSDAQ:A179900)33.1%134.6%

Click here to see the full list of 1538 stocks from our Fast Growing Companies With High Insider Ownership screener.

Let's review some notable picks from our screened stocks.

Bozhon Precision Industry TechnologyLtd (SHSE:688097)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Bozhon Precision Industry Technology Co., Ltd. operates in the precision machinery industry and has a market cap of approximately CN¥10.28 billion.

Operations: Bozhon Precision Industry Technology Co., Ltd. generates its revenue from various segments within the precision machinery industry.

Insider Ownership: 29.4%

Earnings Growth Forecast: 27.7% p.a.

Bozhon Precision Industry Technology Ltd. shows promising growth potential, with revenue expected to grow 21.9% annually, outpacing the Chinese market's 14%. Despite a low forecasted return on equity of 13.1%, its earnings are projected to rise significantly at 27.7% per year, surpassing the market average of 25.8%. Recent earnings reports indicate steady progress with net income increasing to CNY 253.84 million for the first nine months of 2024 compared to last year.

SHSE:688097 Ownership Breakdown as at Nov 2024
SHSE:688097 Ownership Breakdown as at Nov 2024

Shenzhen VMAX New Energy (SHSE:688612)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Shenzhen VMAX New Energy Co., Ltd. focuses on the research, development, production, and sale of power electronics and power transmission products both in China and internationally, with a market cap of CN¥10.14 billion.

Operations: The company's revenue primarily comes from its Electric Equipment segment, which generated CN¥6.29 billion.

Insider Ownership: 39.4%

Earnings Growth Forecast: 25.3% p.a.

Shenzhen VMAX New Energy is set for robust growth, with revenue projected to increase by 21.9% annually, surpassing the Chinese market's 14%. Although its return on equity is expected to be modest at 17.7%, earnings are forecasted to grow significantly at 25.3% per year. Recent results show sales rising from CNY 3.59 billion to CNY 4.36 billion over nine months, while a share repurchase program aims to enhance shareholder value using internal funds.

SHSE:688612 Ownership Breakdown as at Nov 2024
SHSE:688612 Ownership Breakdown as at Nov 2024

Shenzhen Senior Technology Material (SZSE:300568)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Shenzhen Senior Technology Material Co., Ltd. operates in the manufacturing sector with a focus on producing advanced materials, and it has a market cap of CN¥13.92 billion.

Operations: The company's revenue primarily comes from its Lithium-Ion Battery Separator New Energy Materials segment, generating CN¥3.38 billion.

Insider Ownership: 12.8%

Earnings Growth Forecast: 44.5% p.a.

Shenzhen Senior Technology Material is experiencing strong revenue growth, with sales increasing from CNY 2.21 billion to CNY 2.61 billion over nine months. Despite this, net income has declined, impacting profit margins significantly from last year. Earnings are forecast to grow at a substantial rate of 44.52% annually, outpacing the Chinese market's average growth expectations. However, recent shareholder dilution and high volatility in share price pose challenges for investors focused on stability and insider ownership benefits.

SZSE:300568 Ownership Breakdown as at Nov 2024
SZSE:300568 Ownership Breakdown as at Nov 2024

Turning Ideas Into Actions

Want To Explore Some Alternatives?

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.

Valuation is complex, but we're here to simplify it.

Discover if Bozhon Precision Industry TechnologyLtd might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

Access Free Analysis

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com