November 2024's Top Growth Companies With Insider Stakes

As global markets show signs of recovery with U.S. indexes nearing record highs and a strong labor market bolstering positive sentiment, investors are increasingly focusing on growth companies where insiders have significant ownership stakes. In the current environment, such insider ownership can be seen as a vote of confidence, suggesting that those closest to the company believe in its potential for long-term success amidst broader economic uncertainties.

Top 10 Growth Companies With High Insider Ownership

Name	Insider Ownership	Earnings Growth
Seojin SystemLtd (KOSDAQ:A178320)	31.1%	43.2%
Kirloskar Pneumatic (BSE:505283)	30.3%	26.3%
Archean Chemical Industries (NSEI:ACI)	22.9%	41.3%
SKS Technologies Group (ASX:SKS)	32.4%	24.8%
Laopu Gold (SEHK:6181)	36.4%	34.2%
Medley (TSE:4480)	34%	31.7%
Findi (ASX:FND)	34.8%	71.5%
Elliptic Laboratories (OB:ELABS)	26.8%	103.6%
Fulin Precision (SZSE:300432)	13.6%	66.7%
Brightstar Resources (ASX:BTR)	16.2%	84.6%

Click here to see the full list of 1514 stocks from our Fast Growing Companies With High Insider Ownership screener.

We'll examine a selection from our screener results.

Changzhou Fusion New Material (SHSE:688503)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Changzhou Fusion New Material Co., Ltd. specializes in the R&D, production, and sale of conductive silver paste, electronic component paste, conductive adhesive, and semiconductor materials for the photovoltaic industry across China, South East Asia, and globally with a market cap of CN¥12.61 billion.

Operations: The company's revenue primarily comes from its Electronic Components & Parts segment, which generated CN¥12.72 billion.

Insider Ownership: 25.9%

Changzhou Fusion New Material has demonstrated significant revenue growth, reporting CNY 9.83 billion for the first nine months of 2024, up from CNY 7.40 billion the previous year. Despite this growth, net income slightly decreased to CNY 421.09 million from CNY 440.8 million. The company trades at a favorable price-to-earnings ratio compared to the broader CN market and is expected to outpace market revenue and earnings growth rates in coming years, though profit margins have declined recently.

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

BIWIN Storage Technology (SHSE:688525)

Simply Wall St Growth Rating: ★★★★★★

Overview: BIWIN Storage Technology Co., Ltd. engages in the research, development, design, packaging, testing, production, and sale of semiconductor memories and has a market cap of approximately CN¥25.41 billion.

Operations: The company's revenue is primarily derived from its semiconductor segment, which amounts to CN¥6.49 billion.

Insider Ownership: 18.8%

BIWIN Storage Technology has shown impressive growth, with revenue rising to CNY 5.03 billion for the first nine months of 2024 from CNY 2.12 billion a year ago, and turning profitable with a net income of CNY 228.12 million compared to a previous loss. The company is expected to continue its strong performance, with earnings forecasted to grow significantly faster than the CN market. However, interest payments remain poorly covered by earnings, indicating some financial risk.

• Navigate through the intricacies of BIWIN Storage Technology with our comprehensive analyst estimates report here.
• Insights from our recent valuation report point to the potential undervaluation of BIWIN Storage Technology shares in the market.

Shanghai Huace Navigation Technology (SZSE:300627)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Shanghai Huace Navigation Technology Ltd. operates in the field of navigation technology and has a market cap of CN¥20.31 billion.

Operations: Shanghai Huace Navigation Technology Ltd. generates its revenue through various segments, with amounts reported in millions of CN¥.

Insider Ownership: 24.8%

Shanghai Huace Navigation Technology has demonstrated robust growth, with revenue for the first nine months of 2024 increasing to CNY 2.27 billion from CNY 1.83 billion a year earlier, and net income rising to CNY 389.69 million from CNY 282.71 million. The company's earnings are forecasted to grow significantly at 24.31% annually over the next three years, although slightly below the broader CN market's expected growth rate of 26.2%.

• Get an in-depth perspective on Shanghai Huace Navigation Technology's performance by reading our analyst estimates report here.
• Our comprehensive valuation report raises the possibility that Shanghai Huace Navigation Technology is priced higher than what may be justified by its financials.

Summing It All Up

• Unlock our comprehensive list of 1514 Fast Growing Companies With High Insider Ownership by clicking 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.
• Join a community of smart investors by using Simply Wall St. It's free and delivers expert-level analysis on worldwide markets.

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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