KRX Growth Leaders With High Insider Stakes In July 2024

Over the past week, South Korea's market has experienced a 2.9% decline, yet it maintains a positive trajectory with a 4.1% increase over the past year and earnings expected to grow by 30% annually. In this context, stocks with high insider ownership can be particularly compelling, as they often indicate that those who know the company best are confident in its future growth potential.

Top 10 Growth Companies With High Insider Ownership In South Korea

Name	Insider Ownership	Earnings Growth
ALTEOGEN (KOSDAQ:A196170)	26.6%	73.1%
Fine M-TecLTD (KOSDAQ:A441270)	17.2%	36.4%
Global Tax Free (KOSDAQ:A204620)	18.1%	72.4%
Seojin SystemLtd (KOSDAQ:A178320)	29.8%	58.7%
Park Systems (KOSDAQ:A140860)	33%	36.6%
Vuno (KOSDAQ:A338220)	19.5%	105%
UTI (KOSDAQ:A179900)	33.1%	122.7%
INTEKPLUS (KOSDAQ:A064290)	16.3%	77.4%
HANA Micron (KOSDAQ:A067310)	20%	96.6%
Techwing (KOSDAQ:A089030)	18.7%	77.8%

Click here to see the full list of 80 stocks from our Fast Growing KRX Companies With High Insider Ownership screener.

We're going to check out a few of the best picks from our screener tool.

S&S Tech (KOSDAQ:A101490)

Simply Wall St Growth Rating: ★★★★★☆

Overview: S&S Tech Corporation, a global manufacturer and seller of blank masks, has a market capitalization of approximately ₩729.75 billion.

Operations: The company's revenue is primarily generated through its subsidiaries, with S&S Lab Co., Ltd. contributing ₩1.85 billion, S&S Tech Co., Ltd. adding ₩148.40 billion, and S&S Investment Co., Ltd. providing ₩5.74 billion in revenues.

Insider Ownership: 22.6%

Revenue Growth Forecast: 32.6% p.a.

S&S Tech, a South Korean company, demonstrates robust growth with earnings up by 18.1% last year and forecasts indicating a significant annual profit growth of 39.4%, outpacing the local market's 29.6%. Revenue is also expected to rise sharply at 32.6% annually, well above the market average of 10.6%. However, its projected Return on Equity of 19.1% suggests moderate efficiency in generating profit from shareholders' equity. No recent insider trading data is available to gauge current sentiment internally.

• Unlock comprehensive insights into our analysis of S&S Tech stock in this growth report.
• Upon reviewing our latest valuation report, S&S Tech's share price might be too optimistic.

Openedges Technology (KOSDAQ:A394280)

Simply Wall St Growth Rating: ★★★★★★

Overview: Openedges Technology, Inc. specializes in developing AI computing IP solutions and memory systems in South Korea, with a market capitalization of approximately ₩401.69 billion.

Operations: The company generates revenue primarily from its AI computing IP solutions and memory systems.

Insider Ownership: 30.8%

Revenue Growth Forecast: 53.6% p.a.

Openedges Technology, a South Korean firm, is poised for substantial growth with earnings expected to increase by 108.99% annually. The company's revenue growth at 53.6% per year significantly outstrips the local market's 10.6%. Additionally, it is forecast to become profitable within three years, surpassing average market performance. A very high Return on Equity of 49.3% is anticipated in the same period, indicating efficient profit generation from shareholder equity despite no recent insider trading data to reflect current internal sentiment.

• Take a closer look at Openedges Technology's potential here in our earnings growth report.
• Insights from our recent valuation report point to the potential overvaluation of Openedges Technology shares in the market.

Jahwa Electronics (KOSE:A033240)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Jahwa Electronics Co., Ltd. specializes in manufacturing and selling precision electronic components both domestically in South Korea and internationally, with a market capitalization of approximately ₩456.49 billion.

Operations: The company generates revenue from the manufacture and sale of precision electronic components, primarily serving markets in South Korea and internationally.

Insider Ownership: 22.4%

Revenue Growth Forecast: 15.8% p.a.

Jahwa Electronics, a South Korean company, recently turned profitable and is set for robust growth with earnings expected to climb by 40.26% annually, outpacing the local market forecast of 29.6%. Despite this promising outlook, its interest coverage remains weak, and revenue growth projections are moderate at 15.8% annually—higher than the market's 10.6% but below high-growth benchmarks. Additionally, there's no recent insider trading data to gauge current internal confidence levels in these projections.

• Get an in-depth perspective on Jahwa Electronics' performance by reading our analyst estimates report here.
• Upon reviewing our latest valuation report, Jahwa Electronics' share price might be too pessimistic.

Summing It All Up

• Click here to access our complete index of 80 Fast Growing KRX Companies With High Insider Ownership.
• Already own these companies? Bring clarity to your investment decisions by linking up your portfolio with Simply Wall St, where you can monitor all the vital signs of your stocks effortlessly.
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Want To Explore Some Alternatives?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
• Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence.
• Find companies with promising cash flow potential yet trading below their fair value.

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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