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- KOSDAQ:A215360
What Kind Of Shareholders Hold The Majority In Woory Industrial Co., Ltd.'s (KOSDAQ:215360) Shares?
Every investor in Woory Industrial Co., Ltd. (KOSDAQ:215360) should be aware of the most powerful shareholder groups. Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones. We also tend to see lower insider ownership in companies that were previously publicly owned.
Woory Industrial is a smaller company with a market capitalization of ₩238b, so it may still be flying under the radar of many institutional investors. In the chart below, we can see that institutional investors have bought into the company. We can zoom in on the different ownership groups, to learn more about Woory Industrial.
Check out our latest analysis for Woory Industrial
What Does The Institutional Ownership Tell Us About Woory Industrial?
Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing.
We can see that Woory Industrial does have institutional investors; and they hold a good portion of the company's stock. 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. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Woory Industrial's earnings history below. Of course, the future is what really matters.
Hedge funds don't have many shares in Woory Industrial. Our data shows that Woory Industrial Holdings Co.,Ltd. is the largest shareholder with 39% of shares outstanding. With 5.0% and 4.1% of the shares outstanding respectively, National Pension Service and Standard Life Aberdeen plc are the second and third largest shareholders.
On looking further, we found that 50% of the shares are owned by the top 5 shareholders. In other words, these shareholders have a meaningful say in the decisions of the company.
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. There is some analyst coverage of the stock, but it could still become more well known, with time.
Insider Ownership Of Woory Industrial
While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. 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.
Our data cannot confirm that board members are 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
With a 49% ownership, the general public have some degree of sway over Woory Industrial. 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.
Public Company Ownership
Public companies currently own 39% of Woory Industrial stock. It's hard to say for sure but this suggests they have entwined business interests. This might be a strategic stake, so it's worth watching this space for changes in ownership.
Next Steps:
While it is well worth considering the different groups that own a company, there are other factors that are even more important. Case in point: We've spotted 2 warning signs for Woory Industrial you should be aware of, and 1 of them 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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About KOSDAQ:A215360
Woory Industrial
Manufactures and sells automotive parts and components for IC and electric engines in South Korea and internationally.
Adequate balance sheet and fair value.