High Insider Ownership Growth Stocks On Chinese Exchanges May 2024

As of May 2024, the Chinese market shows a complex landscape with mixed signals in economic indicators such as deflationary pressures and uneven recovery patterns. Amid these conditions, high insider ownership in growth companies on Chinese exchanges could signal strong confidence from those most familiar with the companies' potential and strategic direction.

Top 10 Growth Companies With High Insider Ownership In China

Name	Insider Ownership	Earnings Growth
YanKer shop FoodLtd (SZSE:002847)	29.2%	23.9%
Zhejiang Songyuan Automotive Safety SystemsLtd (SZSE:300893)	20%	24.2%
KEBODA TECHNOLOGY (SHSE:603786)	12.8%	25.1%
Arctech Solar Holding (SHSE:688408)	38.7%	24.5%
Suzhou Sunmun Technology (SZSE:300522)	37.6%	63.4%
Sineng ElectricLtd (SZSE:300827)	36.5%	39.8%
Anhui Huaheng Biotechnology (SHSE:688639)	31.5%	28.5%
UTour Group (SZSE:002707)	24%	33.1%
Jilin University Zhengyuan Information Technologies (SZSE:003029)	12.1%	69.2%
Offcn Education Technology (SZSE:002607)	26.1%	72.3%

Click here to see the full list of 411 stocks from our Fast Growing Chinese Companies With High Insider Ownership screener.

Let's dive into some prime choices out of from the screener.

Jilin OLED Material Tech (SHSE:688378)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Jilin OLED Material Tech Co., Ltd. specializes in the research, development, production, and sale of organic electroluminescent materials and equipment for China's new display industry, with a market capitalization of approximately CN¥5.64 billion.

Operations: The company generates its revenue primarily from the production and sale of organic electroluminescent materials for the display industry in China.

Insider Ownership: 24.6%

Revenue Growth Forecast: 38.7% p.a.

Jilin OLED Material Tech, a growth company in China with high insider ownership, has shown a robust financial performance with first-quarter sales rising to CNY 258.23 million from CNY 241.36 million year-over-year. Despite slight earnings per share decrease to CNY 0.6391, the company's net income slightly increased to CNY 95.01 million. Analysts forecast significant revenue and earnings growth over the next three years, outpacing the Chinese market averages with expected annual profit growth of 42.1% and revenue growth of 38.7%. However, concerns include substantial one-off items affecting financial results and shareholder dilution within the past year.

• Unlock comprehensive insights into our analysis of Jilin OLED Material Tech stock in this growth report.
• Our comprehensive valuation report raises the possibility that Jilin OLED Material Tech is priced higher than what may be justified by its financials.

Hitevision (SZSE:002955)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Hitevision Co., Ltd. specializes in the research, design, development, production, and sale of interactive display products in China with a market capitalization of approximately CN¥6.38 billion.

Operations: The company generates its revenue primarily through the sale of interactive display products in China.

Insider Ownership: 23.1%

Revenue Growth Forecast: 23.4% p.a.

Hitevision, a Chinese growth company with high insider ownership, recently reported a dip in year-over-year sales to CNY 550.87 million and full-year sales of CNY 3.93 billion, indicating some revenue contraction. However, its net income showed marginal improvement in the first quarter of 2024. The company's earnings are expected to grow by 32.21% annually, outperforming the broader Chinese market forecast of 23.3%. Despite this promising growth trajectory and trading at a favorable price-to-earnings ratio of 19.6x compared to the market's 32.6x, Hitevision has an unstable dividend track record and low forecasted return on equity at just 17.3%.

• Take a closer look at Hitevision's potential here in our earnings growth report.
• According our valuation report, there's an indication that Hitevision's share price might be on the cheaper side.

Hubei Feilihua Quartz Glass (SZSE:300395)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Hubei Feilihua Quartz Glass Co., Ltd. is a global manufacturer and seller of quartz material and quartz fiber products, with a market capitalization of approximately CN¥16.37 billion.

Operations: The company generates CN¥1.93 billion from its non-metallic mineral products manufacturing segment.

Insider Ownership: 17.9%

Revenue Growth Forecast: 23.8% p.a.

Hubei Feilihua Quartz Glass, a Chinese company with significant insider ownership, has seen a decrease in quarterly revenue and net income as reported in its first quarter 2024 results. Despite this downturn, the company's earnings are forecasted to grow by 25.29% annually over the next three years, which is higher than the broader Chinese market's growth rate. Additionally, it trades at a price-to-earnings ratio of 32.5x, slightly below the industry average of 33.9x. The firm also announced an increase in its annual dividend and completed a share buyback program recently, signaling confidence from management despite short-term challenges.

• Navigate through the intricacies of Hubei Feilihua Quartz Glass with our comprehensive analyst estimates report here.
• In light of our recent valuation report, it seems possible that Hubei Feilihua Quartz Glass is trading beyond its estimated value.

Summing It All Up

• Access the full spectrum of 411 Fast Growing Chinese Companies With High Insider Ownership by clicking on this link.
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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.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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