Stock Analysis

KRX Growth Companies With High Insider Ownership

Over the last 7 days, the South Korean market has risen 2.2%, driven by gains of 4.0% in the Industrials sector. In the last 12 months, the market has been flat, but earnings are forecast to grow by 29% annually. In this environment, identifying growth companies with high insider ownership can be crucial as it often signals confidence from those who know the business best and potentially aligns their interests with those of shareholders.

Top 10 Growth Companies With High Insider Ownership In South Korea

NameInsider OwnershipEarnings Growth
People & Technology (KOSDAQ:A137400)16.5%35.6%
Seojin SystemLtd (KOSDAQ:A178320)30.5%52.1%
Bioneer (KOSDAQ:A064550)17.5%97.6%
Park Systems (KOSDAQ:A140860)33%35.7%
ALTEOGEN (KOSDAQ:A196170)26.6%99.5%
Vuno (KOSDAQ:A338220)19.5%110.9%
Devsisters (KOSDAQ:A194480)26.2%63%
HANA Micron (KOSDAQ:A067310)18.3%100.3%
INTEKPLUS (KOSDAQ:A064290)16.3%96.7%
Techwing (KOSDAQ:A089030)18.7%83.6%

Click here to see the full list of 78 stocks from our Fast Growing KRX Companies With High Insider Ownership screener.

Let's explore several standout options from the results in the screener.

HANA Micron (KOSDAQ:A067310)

Simply Wall St Growth Rating: ★★★★★★

Overview: HANA Micron Inc. provides semiconductor back-end process packaging solutions in South Korea and has a market cap of ₩690.31 billion.

Operations: HANA Micron generates revenue from semiconductor manufacturing (₩1.41 billion) and semiconductor material (₩217.79 million).

Insider Ownership: 18.3%

Revenue Growth Forecast: 24.8% p.a.

HANA Micron, with substantial insider ownership, presents a mixed outlook. Despite a recent follow-on equity offering raising KRW 82.4 billion and sales growth of 15% year-over-year to KRW 285.94 billion in Q2 2024, the company reported a net loss of KRW 11.34 million for the quarter. However, forecasts suggest annual revenue growth of 24.8% and profitability within three years, indicating potential long-term value amidst current financial challenges.

KOSDAQ:A067310 Ownership Breakdown as at Sep 2024

Eugene TechnologyLtd (KOSDAQ:A084370)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Eugene Technology Co., Ltd. manufactures and sells semiconductor equipment and parts in South Korea and internationally, with a market cap of ₩841.53 billion.

Operations: The company's revenue segments include ₩256.56 billion from semiconductor equipment and ₩10.49 billion from industrial gas for semiconductors.

Insider Ownership: 37.5%

Revenue Growth Forecast: 21.2% p.a.

Eugene Technology Ltd. demonstrates strong growth potential with high insider ownership. The company's earnings are forecast to grow 40% annually, outpacing the Korean market's 29.1%. Revenue is expected to increase by 21.2% per year, also surpassing market expectations of 10.3%. Despite a volatile share price and a forecasted low return on equity (16.1%) in three years, analysts predict a significant stock price rise of 52.5%. Recent Q2 results showed net income growth from KRW 8 billion to KRW 12 billion year-over-year, reflecting robust financial performance amidst broader market dynamics.

KOSDAQ:A084370 Earnings and Revenue Growth as at Sep 2024

Devsisters (KOSDAQ:A194480)

Simply Wall St Growth Rating: ★★★★★★

Overview: Devsisters Corporation develops mobile games in South Korea and internationally, with a market cap of ₩405.43 billion.

Operations: Devsisters generates revenue from computer graphics amounting to ₩186.57 million.

Insider Ownership: 26.2%

Revenue Growth Forecast: 29.1% p.a.

Devsisters showcases significant growth potential with high insider ownership. The company’s earnings are forecast to grow 63.02% annually, and revenue is expected to increase by 29.1% per year, surpassing the Korean market's 10.3%. Despite a highly volatile share price, Devsisters trades at 79.7% below its estimated fair value. Recent Q2 results reported sales of KRW 51.82 billion and net income of KRW 6.27 billion, reflecting a strong turnaround from the previous year's losses.

KOSDAQ:A194480 Ownership Breakdown as at Sep 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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