3 Growth Companies Insiders Are Backing

As global markets reach new highs, buoyed by China's robust stimulus measures and a surge in technology stocks, investors are keenly watching growth companies that insiders are backing. In this environment of optimism and strategic economic interventions, stocks with high insider ownership can be particularly appealing as they often indicate confidence from those who know the company best.

Top 10 Growth Companies With High Insider Ownership

Name	Insider Ownership	Earnings Growth
Lavvi Empreendimentos Imobiliários (BOVESPA:LAVV3)	11.9%	21.1%
Atlas Energy Solutions (NYSE:AESI)	29.1%	42.1%
People & Technology (KOSDAQ:A137400)	16.4%	35.6%
Seojin SystemLtd (KOSDAQ:A178320)	30.8%	52.1%
KebNi (OM:KEBNI B)	36.3%	86.1%
Plenti Group (ASX:PLT)	12.8%	106.4%
EHang Holdings (NasdaqGM:EH)	32.8%	81.4%
Credo Technology Group Holding (NasdaqGS:CRDO)	14.0%	95%
HANA Micron (KOSDAQ:A067310)	18.3%	100.3%
UTI (KOSDAQ:A179900)	33.1%	134.6%

Click here to see the full list of 1491 stocks from our Fast Growing Companies With High Insider Ownership screener.

Here we highlight a subset of our preferred stocks from the screener.

Jiangsu Sinopep-Allsino Biopharmaceutical (SHSE:688076)

Simply Wall St Growth Rating: ★★★★★★

Overview: Jiangsu Sinopep-Allsino Biopharmaceutical Co., Ltd. is a biomedical company focused on the R&D, production, sale, and technical service of peptides and small molecule drugs in China with a market cap of CN¥15.12 billion.

Operations: The company generates revenue primarily from its Medicine Manufacturing segment, which amounted to CN¥1.46 billion.

Insider Ownership: 15.7%

Jiangsu Sinopep-Allsino Biopharmaceutical demonstrates strong growth potential, with earnings and revenue forecasted to grow significantly above the market average. Recent earnings showed a substantial increase in net income to CNY 227.16 million, reflecting robust operational performance. Despite past shareholder dilution, the company trades well below its estimated fair value and boasts high insider ownership, aligning management interests with shareholders. The firm's return on equity is also projected to remain high over the next three years.

• Delve into the full analysis future growth report here for a deeper understanding of Jiangsu Sinopep-Allsino Biopharmaceutical.
• According our valuation report, there's an indication that Jiangsu Sinopep-Allsino Biopharmaceutical's share price might be on the expensive side.

Bozhon Precision Industry TechnologyLtd (SHSE:688097)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Bozhon Precision Industry Technology Co., Ltd. (ticker: SHSE:688097) operates in the precision machinery industry and has a market cap of CN¥10.83 billion.

Operations: The company generates revenue primarily from its Industrial Automation & Controls segment, which amounts to CN¥5.04 billion.

Insider Ownership: 29.4%

Bozhon Precision Industry Technology Ltd. shows promising growth prospects, with earnings expected to grow significantly faster than the CN market at 26.6% annually. Despite a low forecasted return on equity of 13.2%, its price-to-earnings ratio of 27.4x suggests good value compared to the market average of 33.5x. Recent inclusion in the S&P Global BMI Index and consistent revenue growth underscore its potential, though dividend sustainability remains a concern due to low free cash flow coverage.

• Dive into the specifics of Bozhon Precision Industry TechnologyLtd here with our thorough growth forecast report.
• Our valuation report unveils the possibility Bozhon Precision Industry TechnologyLtd's shares may be trading at a premium.

Sineng ElectricLtd (SZSE:300827)

Simply Wall St Growth Rating: ★★★★★★

Overview: Sineng Electric Co., Ltd. is involved in the research, development, manufacture, maintenance, and trading of power electronic products both in China and internationally with a market cap of CN¥14.88 billion.

Operations: The company's revenue segments include the Photovoltaic Industry with CN¥2.96 billion, Energy Storage Industry at CN¥1.62 billion, Power Quality Management Industry totaling CN¥71.14 million, and Spare Parts and Technical Services generating CN¥30.14 million.

Insider Ownership: 36.5%

Sineng Electric Ltd. demonstrates strong growth potential, with revenue and earnings expected to grow significantly faster than the market at 32.6% and 41.7% per year, respectively. Recent strategic expansion into the U.S., marked by its first shipment of Power Conversion Systems for a Texas energy storage project, highlights its commitment to innovation and market penetration. Despite recent revenue decline, net income improved to CNY 160.68 million, supported by a share repurchase program enhancing shareholder value.

• Click to explore a detailed breakdown of our findings in Sineng ElectricLtd's earnings growth report.
• Our comprehensive valuation report raises the possibility that Sineng ElectricLtd is priced higher than what may be justified by its financials.

Where To Now?

• Reveal the 1491 hidden gems among our Fast Growing Companies With High Insider Ownership screener with a single click here.
• Got skin in the game with these stocks? Elevate how you manage them by using Simply Wall St's portfolio, where intuitive tools await to help optimize your investment outcomes.
• Maximize your investment potential with Simply Wall St, the comprehensive app that offers global market insights for free.

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.

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