Stock Analysis

Insider-Favored Growth Companies To Watch In December 2024

SHSE:600499
Source: Shutterstock

As December 2024 unfolds, global markets have shown mixed signals, with U.S. consumer confidence dipping and major indices experiencing a roller-coaster week amid economic uncertainties. In this environment, stocks with high insider ownership often attract attention as they suggest that those closest to the company have faith in its growth prospects.

Top 10 Growth Companies With High Insider Ownership

NameInsider OwnershipEarnings Growth
People & Technology (KOSDAQ:A137400)16.4%37.3%
Propel Holdings (TSX:PRL)23.8%37.6%
On Holding (NYSE:ONON)19.1%29.4%
Medley (TSE:4480)34%31.7%
Pharma Mar (BME:PHM)11.8%56.2%
Brightstar Resources (ASX:BTR)16.2%84.5%
Fine M-TecLTD (KOSDAQ:A441270)17.2%131.1%
Elliptic Laboratories (OB:ELABS)26.8%111.4%
Fulin Precision (SZSE:300432)13.6%66.7%
Findi (ASX:FND)34.8%112.9%

Click here to see the full list of 1510 stocks from our Fast Growing Companies With High Insider Ownership screener.

Below we spotlight a couple of our favorites from our exclusive screener.

Lunit (KOSDAQ:A328130)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Lunit Inc. is a South Korean company specializing in AI-powered software and solutions for cancer diagnostics and therapeutics, with a market cap of ₩1.77 trillion.

Operations: The company's revenue is primarily derived from its healthcare software segment, which generated ₩39.54 billion.

Insider Ownership: 20.8%

Revenue Growth Forecast: 49.9% p.a.

Lunit is positioned as a growth company with significant insider ownership, capitalizing on its innovative AI solutions in oncology. The company's revenue is projected to grow substantially faster than the market, and it aims to achieve profitability within three years. Recent advancements include the commercialization of its Universal Immunohistochemistry AI model and strategic partnerships with major healthcare entities like AstraZeneca, enhancing its global reach. However, Lunit's share price has been highly volatile recently.

KOSDAQ:A328130 Ownership Breakdown as at Dec 2024
KOSDAQ:A328130 Ownership Breakdown as at Dec 2024

Keda Industrial Group (SHSE:600499)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Keda Industrial Group Co., Ltd. manufactures and sells building material machinery both in China and internationally, with a market cap of CN¥14.97 billion.

Operations: The company's revenue is primarily derived from its building material machinery segment, serving both domestic and international markets.

Insider Ownership: 32.3%

Revenue Growth Forecast: 14.5% p.a.

Keda Industrial Group's insider ownership aligns with its growth trajectory, supported by a share buyback program aimed at equity incentives. Despite a decline in net income to CNY 702.9 million for the nine months ending September 2024, revenue increased to CNY 8.56 billion from the previous year. The company offers value with a price-to-earnings ratio of 19.5x, below market average, and earnings are forecasted to grow significantly at 28.9% annually over three years.

SHSE:600499 Earnings and Revenue Growth as at Dec 2024
SHSE:600499 Earnings and Revenue Growth as at Dec 2024

Jiangsu Kuangshun Photosensitivity New-Material Stock (SZSE:300537)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Jiangsu Kuangshun Photosensitivity New-Material Stock Co., Ltd. operates in the field of photosensitive materials and has a market capitalization of CN¥4.17 billion.

Operations: The company generates revenue from the Fine Chemicals Industry segment, amounting to CN¥501.59 million.

Insider Ownership: 37.5%

Revenue Growth Forecast: 26.2% p.a.

Jiangsu Kuangshun Photosensitivity New-Material Stock shows promising growth potential with forecasted annual earnings growth of 67.9%, significantly outpacing the Chinese market average. Despite recent volatility in its share price and a decline in profit margins, revenue is expected to grow at 26.2% annually, surpassing market expectations. Recent financial results indicate stable net income year-over-year, while upcoming shareholder decisions may impact future capital structure and governance policies.

SZSE:300537 Ownership Breakdown as at Dec 2024
SZSE:300537 Ownership Breakdown as at Dec 2024

Turning Ideas Into Actions

Looking For Alternative Opportunities?

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.

Valuation is complex, but we're here to simplify it.

Discover if Keda Industrial Group might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

Access Free Analysis

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com