Stock Analysis

SEHK Growth Companies With High Insider Ownership For October 2024

SEHK:1024
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As the Hong Kong market benefits from China's robust stimulus measures, investors are increasingly looking for growth opportunities with strong insider ownership. High insider ownership can signal confidence in a company's future prospects, making such stocks particularly appealing in the current economic climate.

Top 10 Growth Companies With High Insider Ownership In Hong Kong

NameInsider OwnershipEarnings Growth
Laopu Gold (SEHK:6181)36.4%32.7%
Akeso (SEHK:9926)20.5%54.5%
Fenbi (SEHK:2469)33.1%22.4%
Zylox-Tonbridge Medical Technology (SEHK:2190)18.8%69.8%
Pacific Textiles Holdings (SEHK:1382)11.2%37.7%
Zhejiang Leapmotor Technology (SEHK:9863)15%78.9%
DPC Dash (SEHK:1405)38.1%104.2%
Biocytogen Pharmaceuticals (Beijing) (SEHK:2315)13.9%109.2%
Beijing Airdoc Technology (SEHK:2251)29.1%93.4%
Lianlian DigiTech (SEHK:2598)19.7%92.3%

Click here to see the full list of 48 stocks from our Fast Growing SEHK Companies With High Insider Ownership screener.

Underneath we present a selection of stocks filtered out by our screen.

Kuaishou Technology (SEHK:1024)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Kuaishou Technology, an investment holding company, offers live streaming, online marketing, and other services in the People’s Republic of China with a market cap of HK$236.48 billion.

Operations: The company's revenue segments are Domestic: CN¥117.32 billion and Overseas: CN¥3.57 billion.

Insider Ownership: 19.4%

Kuaishou Technology, a growth company with high insider ownership in Hong Kong, reported strong financial results for Q2 2024, with sales of CNY 30.98 billion and net income of CNY 3.98 billion. Recent upgrades to its Kling AI video generation model and the launch of a subscription program highlight its commitment to innovation. Despite an expected annual profit growth rate below significant levels, Kuaishou's earnings are forecasted to grow faster than the Hong Kong market average.

SEHK:1024 Earnings and Revenue Growth as at Oct 2024
SEHK:1024 Earnings and Revenue Growth as at Oct 2024

BYD (SEHK:1211)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: BYD Company Limited, with a market cap of HK$927.40 billion, operates in the automobiles and batteries sectors across China, Hong Kong, Macau, Taiwan and internationally.

Operations: BYD generates revenue primarily from Automobiles and Related Products at CN¥507.52 billion and Mobile Handset Components, Assembly Service, and Other Products at CN¥154.49 billion.

Insider Ownership: 30.1%

BYD has demonstrated robust growth, with earnings increasing by 36.2% over the past year and forecasts indicating revenue growth of 14.1% per year, outpacing the Hong Kong market. Recent results show strong production and sales volumes, with net income rising to CNY 13.63 billion for H1 2024 from CNY 10.95 billion a year ago. The company’s strategic partnership with Uber and expansion into Thailand further bolster its growth prospects despite high levels of non-cash earnings.

SEHK:1211 Ownership Breakdown as at Oct 2024
SEHK:1211 Ownership Breakdown as at Oct 2024

Meituan (SEHK:3690)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Meituan operates as a technology retail company in the People’s Republic of China with a market cap of approximately HK$1.02 trillion.

Operations: The company's revenue segments include Core Local Commerce at CN¥228.13 billion and New Initiatives at CN¥77.56 billion.

Insider Ownership: 11.8%

Meituan has shown significant growth, with earnings surging by 175.5% over the past year. Recent results for H1 2024 reported sales of CNY 155.53 billion and net income of CNY 16.72 billion, reflecting strong performance compared to a year ago. The company has also been active in share buybacks, repurchasing shares worth HKD 7.17 billion and $2 billion recently, indicating confidence in its future prospects despite modest insider trading activity.

SEHK:3690 Ownership Breakdown as at Oct 2024
SEHK:3690 Ownership Breakdown as at Oct 2024

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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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