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- KOSDAQ:A072470
What Kind Of Shareholders Hold The Majority In Woory Industrial Holdings Co.,Ltd.'s (KOSDAQ:072470) Shares?
A look at the shareholders of Woory Industrial Holdings Co.,Ltd. (KOSDAQ:072470) can tell us which group is most powerful. Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. I quite like to see at least a little bit of insider ownership. As Charlie Munger said 'Show me the incentive and I will show you the outcome.
Woory Industrial HoldingsLtd is a smaller company with a market capitalization of ₩113b, so it may still be flying under the radar of many institutional investors. Taking a look at our data on the ownership groups (below), it seems that institutions don't own shares in the company. We can zoom in on the different ownership groups, to learn more about Woory Industrial HoldingsLtd.
View our latest analysis for Woory Industrial HoldingsLtd
What Does The Lack Of Institutional Ownership Tell Us About Woory Industrial HoldingsLtd?
We don't tend to see institutional investors holding stock of companies that are very risky, thinly traded, or very small. Though we do sometimes see large companies without institutions on the register, it's not particularly common.
There could be various reasons why no institutions own shares in a company. Typically, small, newly listed companies don't attract much attention from fund managers, because it would not be possible for large fund managers to build a meaningful position in the company. On the other hand, it's always possible that professional investors are avoiding a company because they don't think it's the best place for their money. Institutional investors may not find the historic growth of the business impressive, or there might be other factors at play. You can see the past revenue performance of Woory Industrial HoldingsLtd, for yourself, below.
We note that hedge funds don't have a meaningful investment in Woory Industrial HoldingsLtd. With a 50% stake, CEO Myung-Joon Kim is the largest shareholder. For context, the second largest shareholder holds about 29% of the shares outstanding, followed by an ownership of 0.03% by the third-largest shareholder. Interestingly, the second-largest shareholder, Jeong-Woo Kim is also Co-Chief Executive Officer, again, pointing towards strong insider ownership amongst the company's top shareholders.
After doing some more digging, we found that the top 2 shareholders collectively control more than half of the company's shares, implying that they have considerable power to influence the company's decisions.
While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. As far I can tell there isn't analyst coverage of the company, so it is probably flying under the radar.
Insider Ownership Of Woory Industrial HoldingsLtd
The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. 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.
Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group.
It seems that insiders own more than half the Woory Industrial Holdings Co.,Ltd. stock. This gives them a lot of power. Given it has a market cap of ₩113b, that means they have ₩89b worth of shares. Most would be pleased to see the board is investing alongside them. You may wish todiscover (for free) if they have been buying or selling.
General Public Ownership
With a 21% ownership, the general public have some degree of sway over Woory Industrial HoldingsLtd. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run.
Next Steps:
It's always worth thinking about the different groups who own shares in a company. But to understand Woory Industrial HoldingsLtd better, we need to consider many other factors. For instance, we've identified 2 warning signs for Woory Industrial HoldingsLtd that you should be aware of.
Of course this may not be the best stock to buy. So take a peek at this free free list of interesting companies.
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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About KOSDAQ:A072470
Woory Industrial HoldingsLtd
Engages in the manufacture and sale of automotive air conditioning systems and electronic components in South Korea and internationally.
Solid track record with mediocre balance sheet.