Public companies are CS BEARING Co., Ltd.'s (KOSDAQ:297090) biggest owners and were hit after market cap dropped ₩37b

Key Insights

• The considerable ownership by public companies in CS BEARING indicates that they collectively have a greater say in management and business strategy
• 54% of the company is held by a single shareholder (CS Wind Corporation)
• Using data from company's past performance alongside ownership research, one can better assess the future performance of a company

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To get a sense of who is truly in control of CS BEARING Co., Ltd. (KOSDAQ:297090), it is important to understand the ownership structure of the business. We can see that public companies own the lion's share in the company with 54% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).

And last week, public companies endured the biggest losses as the stock fell by 16%.

Let's take a closer look to see what the different types of shareholders can tell us about CS BEARING.

View our latest analysis for CS BEARING

What Does The Institutional Ownership Tell Us About CS BEARING?

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.

As you can see, institutional investors have a fair amount of stake in CS BEARING. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. 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 CS BEARING, (below). Of course, keep in mind that there are other factors to consider, too.

Hedge funds don't have many shares in CS BEARING. Looking at our data, we can see that the largest shareholder is CS Wind Corporation with 54% of shares outstanding. This essentially means that they have extensive influence, if not outright control, over the future of the corporation. With 2.3% and 1.6% of the shares outstanding respectively, Norges Bank Investment Management and Seungyeon Kim are the second and third largest shareholders.

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. While there is some analyst coverage, the company is probably not widely covered. So it could gain more attention, down the track.

Insider Ownership Of CS BEARING

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.

Shareholders would probably be interested to learn that insiders own shares in CS BEARING Co., Ltd.. In their own names, insiders own ₩5.6b worth of stock in the ₩200b company. This shows at least some alignment, but we usually like to see larger insider holdings. You can click here to see if those insiders have been buying or selling.

General Public Ownership

The general public-- including retail investors -- own 38% 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.

Public Company Ownership

It appears to us that public companies own 54% of CS BEARING. We can't be certain but it is quite possible this is a strategic stake. The businesses may be similar, or work together.

Next Steps:

It's always worth thinking about the different groups who own shares in a company. But to understand CS BEARING better, we need to consider many other factors. Take risks for example - CS BEARING has 2 warning signs we think you should be aware of.

Ultimately the future is most important. You can access this free report on analyst forecasts for the company.

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.