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- SHSE:688002
Insider-Favored Growth Companies To Watch In December 2024
Reviewed by Simply Wall St
As global markets continue to reach new highs, driven by robust trading volumes and geopolitical developments, investors are keenly observing sectors that may benefit from these shifts. In this environment, growth companies with substantial insider ownership can be particularly appealing as they often signal confidence in the company's potential and alignment of interests between management and shareholders.
Top 10 Growth Companies With High Insider Ownership
Name | Insider Ownership | Earnings Growth |
Seojin SystemLtd (KOSDAQ:A178320) | 30.9% | 39.9% |
Kirloskar Pneumatic (BSE:505283) | 30.3% | 26.3% |
SKS Technologies Group (ASX:SKS) | 32.4% | 24.8% |
Archean Chemical Industries (NSEI:ACI) | 22.9% | 41.3% |
Laopu Gold (SEHK:6181) | 36.4% | 34.2% |
Plenti Group (ASX:PLT) | 12.8% | 120.1% |
Fulin Precision (SZSE:300432) | 13.6% | 66.7% |
HANA Micron (KOSDAQ:A067310) | 18.3% | 110.9% |
Brightstar Resources (ASX:BTR) | 16.2% | 84.6% |
Findi (ASX:FND) | 34.8% | 112.9% |
We'll examine a selection from our screener results.
Raytron TechnologyLtd (SHSE:688002)
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Raytron Technology Co., Ltd. focuses on the research, development, design, manufacturing, and sales of uncooled infrared imaging and MEMS sensor technology in China with a market cap of CN¥21.50 billion.
Operations: Raytron Technology Co., Ltd.'s revenue is primarily derived from its activities in uncooled infrared imaging and MEMS sensor technology within China.
Insider Ownership: 26.9%
Earnings Growth Forecast: 26.5% p.a.
Raytron Technology Ltd. demonstrates strong growth potential, with earnings forecasted to grow 26.54% annually, outpacing the CN market's 26.2%. Recent financials show a rise in sales to CNY 3.15 billion and net income of CNY 483.4 million for the first nine months of 2024, indicating solid performance momentum. Despite a lower-than-industry-average P/E ratio of 36.3x and no recent insider trading activity, its revenue growth is expected to surpass market averages at 17.9% annually.
- Click here to discover the nuances of Raytron TechnologyLtd with our detailed analytical future growth report.
- Our valuation report unveils the possibility Raytron TechnologyLtd's shares may be trading at a premium.
Shanghai GenTech (SHSE:688596)
Simply Wall St Growth Rating: ★★★★★☆
Overview: Shanghai GenTech Co., Ltd. offers process critical system solutions to hi-tech and advanced manufacturing industries in China, with a market cap of CN¥10.97 billion.
Operations: Revenue Segments (in millions of CN¥):
Insider Ownership: 13.6%
Earnings Growth Forecast: 31.9% p.a.
Shanghai GenTech is poised for significant growth, with earnings expected to increase by 31.95% annually, surpassing the CN market's average of 26.2%. The company reported a rise in sales to CNY 3.50 billion and net income of CNY 331.65 million for the first nine months of 2024, reflecting strong performance. Despite a volatile share price and high non-cash earnings, it trades at a favorable P/E ratio of 23.7x compared to the market's 36.3x.
- Click here and access our complete growth analysis report to understand the dynamics of Shanghai GenTech.
- In light of our recent valuation report, it seems possible that Shanghai GenTech is trading behind its estimated value.
Ingenic SemiconductorLtd (SZSE:300223)
Simply Wall St Growth Rating: ★★★★★☆
Overview: Ingenic Semiconductor Co., Ltd. focuses on the research, development, design, and sale of integrated circuit chip products both in China and internationally, with a market cap of CN¥33.38 billion.
Operations: Ingenic Semiconductor Co., Ltd. generates revenue through the research, development, design, and sale of integrated circuit chip products across domestic and international markets.
Insider Ownership: 16.7%
Earnings Growth Forecast: 39.2% p.a.
Ingenic Semiconductor is forecasted to achieve substantial revenue and earnings growth, outpacing the broader CN market with projected annual increases of 25.4% and 39.2%, respectively. Despite recent declines in sales (CNY 3.20 billion) and net income (CNY 304.42 million), its innovative AI-enabled Wi-Fi camera platform could drive future demand in wireless video markets, potentially enhancing its growth trajectory amidst high insider ownership and volatile share performance.
- Dive into the specifics of Ingenic SemiconductorLtd here with our thorough growth forecast report.
- Upon reviewing our latest valuation report, Ingenic SemiconductorLtd's share price might be too optimistic.
Seize The Opportunity
- Reveal the 1520 hidden gems among our Fast Growing Companies With High Insider Ownership screener with a single click here.
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Searching for a Fresh Perspective?
- 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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About SHSE:688002
Raytron TechnologyLtd
Engages in the research and development, design, manufacturing, and sales of uncooled infrared imagining and MEMS sensor technology in China.
Solid track record with excellent balance sheet.