Stock Analysis

High Insider Ownership Growth Stocks On KRX June 2024

KOSDAQ:A214150
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The South Korean market has shown steady growth, with a 1.3% increase over the last week and a 3.7% rise over the past year, alongside an optimistic forecast of 29% annual earnings growth. In this buoyant environment, stocks with high insider ownership can be particularly compelling, as they often indicate confidence from those who know the company best.

Top 10 Growth Companies With High Insider Ownership In South Korea

NameInsider OwnershipEarnings Growth
SamyoungLtd (KOSE:A003720)25%30.4%
ALTEOGEN (KOSDAQ:A196170)26.6%73.1%
Global Tax Free (KOSDAQ:A204620)18.1%72.4%
Fine M-TecLTD (KOSDAQ:A441270)17.3%36.4%
Park Systems (KOSDAQ:A140860)33.1%35.8%
Seojin SystemLtd (KOSDAQ:A178320)26.4%48.1%
UTI (KOSDAQ:A179900)34.1%122.7%
HANA Micron (KOSDAQ:A067310)19.9%76.8%
INTEKPLUS (KOSDAQ:A064290)16.3%77.4%
Techwing (KOSDAQ:A089030)18.7%118.2%

Click here to see the full list of 81 stocks from our Fast Growing KRX Companies With High Insider Ownership screener.

Let's review some notable picks from our screened stocks.

CLASSYS (KOSDAQ:A214150)

Simply Wall St Growth Rating: ★★★★★☆

Overview: CLASSYS Inc. specializes in the global provision of medical aesthetics devices, with a market capitalization of approximately ₩3.24 billion.

Operations: The firm operates internationally in the medical aesthetics device sector, generating revenues globally.

Insider Ownership: 10.1%

Earnings Growth Forecast: 22.2% p.a.

CLASSYS, a South Korean growth company with high insider ownership, has shown robust activity in the corporate event circuit, recently presenting at multiple international conferences. Despite its earnings forecast to grow significantly at 22.2% annually over the next three years—slightly below the broader Korean market rate of 28.9%—its projected revenue growth of 21.3% per year surpasses the market's expectation of 10.5%. Additionally, CLASSYS is expected to maintain a high return on equity at 28%, indicating efficient management and profitability potential.

KOSDAQ:A214150 Ownership Breakdown as at Jun 2024
KOSDAQ:A214150 Ownership Breakdown as at Jun 2024

Doosan (KOSE:A000150)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Doosan Corporation operates in heavy industry, machinery manufacturing, and apartment construction across South Korea, the United States, Asia, the Middle East, and Europe with a market capitalization of approximately ₩3.41 billion.

Operations: The company's revenue is derived from three primary activities: heavy industry, machinery manufacturing, and apartment construction spanning various global regions including South Korea, the United States, Asia, the Middle East, and Europe.

Insider Ownership: 34.3%

Earnings Growth Forecast: 72.9% p.a.

Doosan Corporation, despite a forecasted revenue growth of 3.6% per year—below South Korea's market average of 10.5%—is expected to transition from a net loss to profitability within three years, aligning with above-average market growth expectations. Recent financials show improvement, with first quarter sales rising to ₩180.97 billion and net income reaching ₩4.98 billion after a significant loss the previous year. The company's projected return on equity is high at 22.2%, suggesting potential for efficient capital management in the future.

KOSE:A000150 Earnings and Revenue Growth as at Jun 2024
KOSE:A000150 Earnings and Revenue Growth as at Jun 2024

APR (KOSE:A278470)

Simply Wall St Growth Rating: ★★★★★☆

Overview: APR Co., Ltd. is a company that manufactures and sells cosmetic products for both men and women, with a market capitalization of approximately ₩2.97 billion.

Operations: The company's revenue is derived from the manufacture and sale of cosmetic products targeted at both male and female consumers.

Insider Ownership: 34.2%

Earnings Growth Forecast: 26.2% p.a.

APR Co., Ltd. stands out with its robust earnings growth, projected at 26.2% annually over the next three years, although slightly trailing the South Korean market forecast of 28.9%. Its revenue growth is notably strong at 23.1% per year, surpassing the market average of 10.5%. Last year's earnings surged by 70.2%, supported by a high level of non-cash earnings, indicating quality in its financial gains despite not leading in insider ownership metrics for growth companies in South Korea.

KOSE:A278470 Ownership Breakdown as at Jun 2024
KOSE:A278470 Ownership Breakdown as at Jun 2024

Taking Advantage

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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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