Stock Analysis

KRX Spotlight On HB TechnologyLTD And Two More Growth Companies With High Insider Ownership

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The South Korean market has shown robust performance, rising 2.0% over the past week and achieving an 11% increase over the last year, with earnings expected to grow by 30% annually. In such a thriving environment, companies like HB Technology LTD with high insider ownership can be particularly compelling, as this often signals strong confidence from those who know the company best.

Top 10 Growth Companies With High Insider Ownership In South Korea

NameInsider OwnershipEarnings Growth
ALTEOGEN (KOSDAQ:A196170)26.6%73.1%
Global Tax Free (KOSDAQ:A204620)18.1%72.4%
Seojin SystemLtd (KOSDAQ:A178320)27.9%54%
Fine M-TecLTD (KOSDAQ:A441270)17.3%36.4%
Park Systems (KOSDAQ:A140860)33.1%35.6%
UTI (KOSDAQ:A179900)34.1%122.7%
Vuno (KOSDAQ:A338220)19.5%105%
HANA Micron (KOSDAQ:A067310)20%96.3%
INTEKPLUS (KOSDAQ:A064290)16.3%77.4%
Techwing (KOSDAQ:A089030)18.7%77.8%

Click here to see the full list of 83 stocks from our Fast Growing KRX Companies With High Insider Ownership screener.

Here we highlight a subset of our preferred stocks from the screener.

HB TechnologyLTD (KOSDAQ:A078150)

Simply Wall St Growth Rating: ★★★★★☆

Overview: HB Technology CO., LTD. operates in the manufacture and sale of inspection display equipment, serving both domestic and international markets, with a market capitalization of approximately ₩404.29 billion.

Operations: The company generates its revenue primarily through the production and sale of inspection display equipment, catering to markets in South Korea and abroad.

Insider Ownership: 13.8%

Earnings Growth Forecast: 38.8% p.a.

HB Technology LTD, a South Korean company, showcases significant growth potential with its earnings expected to increase by 38.77% annually. Despite past shareholder dilution, the company's revenue is also projected to grow at 44.4% per year, outpacing the broader Korean market significantly. However, it trades at 63.2% below its estimated fair value and has experienced high share price volatility recently. There's no recent insider trading data available to gauge current sentiment from insiders directly.

KOSDAQ:A078150 Earnings and Revenue Growth as at Jul 2024

Fine M-TecLTD (KOSDAQ:A441270)

Simply Wall St Growth Rating: ★★★★★★

Overview: Fine M-Tec CO., LTD. specializes in manufacturing and selling IT parts for mobile phones and other devices, with a market capitalization of approximately ₩354.20 billion.

Operations: The company generates its revenue primarily from the manufacturing and selling of components for mobile devices, totaling approximately ₩398.48 billion.

Insider Ownership: 17.3%

Earnings Growth Forecast: 36.4% p.a.

Fine M-Tec LTD, a South Korean company, is poised for robust growth with its revenue and earnings forecasted to increase by 26.8% and 36.4% annually, respectively—both rates exceeding the national market averages. Although trading at 82.4% below its estimated fair value suggests significant undervaluation, the company's share price has shown high volatility recently. Additionally, despite becoming profitable this year, shareholder dilution has occurred over the past year with no recent insider trading data available to assess current internal confidence levels directly.

KOSDAQ:A441270 Ownership Breakdown as at Jul 2024

Doosan (KOSE:A000150)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Doosan Corporation operates in heavy industry, machinery manufacturing, and apartment construction across various global markets including South Korea, the United States, Asia, the Middle East, and Europe, with a market capitalization of approximately ₩3.56 billion.

Operations: The company's revenue is derived from its involvement in heavy industry, machinery manufacturing, and apartment construction across diverse global markets.

Insider Ownership: 38.9%

Earnings Growth Forecast: 72.9% p.a.

Doosan Corporation, despite a sluggish revenue growth forecast of 3.6% per year, is expected to see a sharp rise in earnings by 72.89% annually. Recently turning profitable, with net income reaching KRW 4.98 billion from a previous loss, the company's return on equity is also projected to be robust at 22.2%. However, its share price has been highly volatile over the last three months and it trades at 56.8% below its estimated fair value, indicating potential undervaluation or market skepticism.

KOSE:A000150 Earnings and Revenue Growth as at Jul 2024

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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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