Stock Analysis

High Insider Ownership Growth Stocks On SEHK For July 2024

SEHK:669
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Amidst a backdrop of fluctuating global markets and heightened trade tensions, the Hong Kong stock market presents unique opportunities for investors focused on growth companies with high insider ownership. Such stocks often suggest a commitment from those who know the company best, aligning closely with investor interests especially in challenging economic climates.

Top 10 Growth Companies With High Insider Ownership In Hong Kong

NameInsider OwnershipEarnings Growth
iDreamSky Technology Holdings (SEHK:1119)20.2%104.1%
Pacific Textiles Holdings (SEHK:1382)11.2%37.7%
Fenbi (SEHK:2469)30.6%43%
Tian Tu Capital (SEHK:1973)34%70.5%
Adicon Holdings (SEHK:9860)22.4%28.3%
Zhejiang Leapmotor Technology (SEHK:9863)15%73.4%
Zylox-Tonbridge Medical Technology (SEHK:2190)18.7%79.3%
Biocytogen Pharmaceuticals (Beijing) (SEHK:2315)13.9%100.1%
Beijing Airdoc Technology (SEHK:2251)28.7%83.9%
Ocumension Therapeutics (SEHK:1477)23.1%93.7%

Click here to see the full list of 54 stocks from our Fast Growing SEHK Companies With High Insider Ownership screener.

Here's a peek at a few of the choices from the screener.

Xiamen Yan Palace Bird's Nest Industry (SEHK:1497)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Xiamen Yan Palace Bird's Nest Industry Co., Ltd. is involved in the research, development, production, and marketing of edible bird’s nest products in China, with a market capitalization of approximately HK$6.07 billion.

Operations: The company generates revenue through multiple channels, including CN¥824.40 million from direct sales to online customers, CN¥509.04 million from sales to offline distributors, CN¥351.17 million from direct sales to offline customers, CN¥262.89 million from direct sales to e-commerce platforms, and CN¥16.75 million from sales to online distributors.

Insider Ownership: 26.7%

Earnings Growth Forecast: 14.8% p.a.

Xiamen Yan Palace Bird's Nest Industry, a growth company in Hong Kong, shows promising financial trends with earnings forecasted to grow by 14.84% per year, outpacing the Hong Kong market average of 11.4%. Despite this, its revenue growth at 12.5% annually is below the high-growth benchmark of 20% but still exceeds the local market's 7.8%. The company maintains a robust projected Return on Equity at 27.3%, indicating efficient management and profitability. Recent activities include affirming dividends and amending corporate bylaws, reflecting stable governance and shareholder returns.

SEHK:1497 Earnings and Revenue Growth as at Jul 2024
SEHK:1497 Earnings and Revenue Growth as at Jul 2024

Techtronic Industries (SEHK:669)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Techtronic Industries Company Limited, with a market cap of HK$177.57 billion, operates globally in designing, manufacturing, and marketing power tools, outdoor power equipment, and floorcare and cleaning products primarily in North America and Europe.

Operations: The company's revenue is primarily generated from its power equipment segment, which brought in $12.79 billion, and its floorcare and cleaning products segment, which contributed $0.97 billion.

Insider Ownership: 25.4%

Earnings Growth Forecast: 14.9% p.a.

Techtronic Industries, a key player in Hong Kong's high insider ownership segment, recently initiated a share repurchase program to boost shareholder value, reflecting strong internal confidence. Despite leadership changes with CEO Joseph Galli Jr.'s resignation and Steven Richman's appointment, the company maintains robust growth forecasts. Expected earnings growth at 14.9% per year surpasses the local market’s 11.4%, though revenue growth projections of 8.1% annually are modest compared to high-growth benchmarks but still outpace the market average of 7.8%.

SEHK:669 Ownership Breakdown as at Jul 2024
SEHK:669 Ownership Breakdown as at Jul 2024

Adicon Holdings (SEHK:9860)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Adicon Holdings Limited, with a market cap of HK$6.78 billion, operates medical laboratories across the People’s Republic of China.

Operations: The company generates CN¥3.30 billion from its healthcare facilities and services segment.

Insider Ownership: 22.4%

Earnings Growth Forecast: 28.3% p.a.

Adicon Holdings, a growth-oriented firm in Hong Kong with substantial insider ownership, is poised for significant earnings expansion at 28.33% annually, outpacing the local market's forecast of 11.4%. However, its profit margins have declined to 7.1% from last year's 14%. Recently, Adicon initiated a share repurchase program authorized by shareholders, signaling strong internal confidence and potential enhancement of shareholder value through increased net asset value or earnings per share.

SEHK:9860 Ownership Breakdown as at Jul 2024
SEHK:9860 Ownership Breakdown as at Jul 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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