Individual investors own 41% of COSCO SHIPPING Specialized Carriers Co.,Ltd. (SHSE:600428) shares but private companies control 52% of the company

Key Insights

• Significant control over COSCO SHIPPING Specialized CarriersLtd by private companies implies that the general public has more power to influence management and governance-related decisions
• 52% of the company is held by a single shareholder (China COSCO Shipping Corporation Limited)
• Using data from company's past performance alongside ownership research, one can better assess the future performance of a company

Every investor in COSCO SHIPPING Specialized Carriers Co.,Ltd. (SHSE:600428) should be aware of the most powerful shareholder groups. The group holding the most number of shares in the company, around 52% to be precise, is private companies. In other words, the group stands to gain the most (or lose the most) from their investment into the company.

Meanwhile, individual investors make up 41% of the company’s shareholders.

Let's delve deeper into each type of owner of COSCO SHIPPING Specialized CarriersLtd, beginning with the chart below.

View our latest analysis for COSCO SHIPPING Specialized CarriersLtd

What Does The Institutional Ownership Tell Us About COSCO SHIPPING Specialized CarriersLtd?

Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.

COSCO SHIPPING Specialized CarriersLtd already has institutions on the share registry. Indeed, they own a respectable stake in the company. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of COSCO SHIPPING Specialized CarriersLtd, (below). Of course, keep in mind that there are other factors to consider, too.

COSCO SHIPPING Specialized CarriersLtd is not owned by hedge funds. Looking at our data, we can see that the largest shareholder is China COSCO Shipping Corporation Limited with 52% of shares outstanding. With such a huge stake in the ownership, we infer that they have significant control of the future of the company. With 1.8% and 1.0% of the shares outstanding respectively, Pacific Asset Management Co., Ltd. and First Seafront Fund Management Co., Ltd are the second and third largest shareholders.

While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. While there is some analyst coverage, the company is probably not widely covered. So it could gain more attention, down the track.

Insider Ownership Of COSCO SHIPPING Specialized CarriersLtd

The definition of an insider can differ slightly between different countries, but members of the board of directors always count. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO.

Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances.

We note our data does not show any board members holding shares, personally. Given we are not picking up on insider ownership, we may have missing data. Therefore, it would be interesting to assess the CEO compensation and tenure, here.

General Public Ownership

The general public-- including retail investors -- own 41% stake in the company, and hence can't easily be ignored. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies.

Private Company Ownership

It seems that Private Companies own 52%, of the COSCO SHIPPING Specialized CarriersLtd stock. Private companies may be related parties. Sometimes insiders have an interest in a public company through a holding in a private company, rather than in their own capacity as an individual. While it's hard to draw any broad stroke conclusions, it is worth noting as an area for further research.

Next Steps:

I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. For example, we've discovered 3 warning signs for COSCO SHIPPING Specialized CarriersLtd that you should be aware of before investing here.

But ultimately it is the future, not the past, that will determine how well the owners of this business will do. Therefore we think it advisable to take a look at this free report showing whether analysts are predicting a brighter future.

NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.

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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.