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- Renewable Energy
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- SHSE:601016
CECEP Wind-power Corporation Co.,Ltd. (SHSE:601016) stock most popular amongst private companies who own 48%, while individual investors hold 46%
Key Insights
- CECEP Wind-power CorporationLtd's significant private companies ownership suggests that the key decisions are influenced by shareholders from the larger public
- 51% of the business is held by the top 3 shareholders
- Using data from company's past performance alongside ownership research, one can better assess the future performance of a company
A look at the shareholders of CECEP Wind-power Corporation Co.,Ltd. (SHSE:601016) can tell us which group is most powerful. And the group that holds the biggest piece of the pie are private companies with 48% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.
Individual investors, on the other hand, account for 46% of the company's stockholders.
Let's take a closer look to see what the different types of shareholders can tell us about CECEP Wind-power CorporationLtd.
See our latest analysis for CECEP Wind-power CorporationLtd
What Does The Institutional Ownership Tell Us About CECEP Wind-power CorporationLtd?
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.
As you can see, institutional investors have a fair amount of stake in CECEP Wind-power CorporationLtd. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. 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 CECEP Wind-power CorporationLtd, (below). Of course, keep in mind that there are other factors to consider, too.
Hedge funds don't have many shares in CECEP Wind-power CorporationLtd. China Energy Conservation and Environmental Protection Group is currently the company's largest shareholder with 48% of shares outstanding. With 1.6% and 1.1% of the shares outstanding respectively, China Development Bank Capital Corporation Ltd and CSC Financial Co., Ltd., Asset Management Arm are the second and third largest shareholders.
To make our study more interesting, we found that the top 3 shareholders have a majority ownership in the company, meaning that they are powerful enough to influence the decisions of the company.
Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. There is a little analyst coverage of the stock, but not much. So there is room for it to gain more coverage.
Insider Ownership Of CECEP Wind-power CorporationLtd
The definition of an insider can differ slightly between different countries, but members of the board of directors always count. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.
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.
Our information suggests that CECEP Wind-power Corporation Co.,Ltd. insiders own under 1% of the company. However, it's possible that insiders might have an indirect interest through a more complex structure. It's a big company, so even a small proportional interest can create alignment between the board and shareholders. In this case insiders own CN¥8.0m worth of shares. It is always good to see at least some insider ownership, but it might be worth checking if those insiders have been selling.
General Public Ownership
The general public-- including retail investors -- own 46% stake in the company, and hence can't easily be ignored. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders.
Private Company Ownership
It seems that Private Companies own 48%, of the CECEP Wind-power CorporationLtd stock. It's hard to draw any conclusions from this fact alone, so its worth looking into who owns those private companies. Sometimes insiders or other related parties have an interest in shares in a public company through a separate private company.
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. Be aware that CECEP Wind-power CorporationLtd is showing 2 warning signs in our investment analysis , and 1 of those is concerning...
If you would prefer discover what analysts are predicting in terms of future growth, do not miss this free report on analyst forecasts.
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.
About SHSE:601016
CECEP Wind-power CorporationLtd
Develops, invests in, manages, constructs, operates, and maintains wind power generation projects primarily in China.
Established dividend payer and fair value.