Techwing And 2 Other KRX Growth Stocks With High Insider Ownership

The South Korea stock market has recently demonstrated robust performance, achieving a 30-month closing high as the KOSPI index climbed steadily in consecutive sessions. Amidst this upward trend and mixed global forecasts, investors are keenly observing market dynamics and potential opportunities. In such a buoyant market environment, stocks with high insider ownership can be particularly compelling. These companies often benefit from aligned interests between shareholders and management, potentially leading to more prudent decision-making and long-term strategic planning.

Top 10 Growth Companies With High Insider Ownership In South Korea

Name	Insider Ownership	Earnings Growth
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%
UTI (KOSDAQ:A179900)	34.1%	122.7%
HANA Micron (KOSDAQ:A067310)	19.9%	76.8%
Seojin SystemLtd (KOSDAQ:A178320)	26.4%	48.1%
Devsisters (KOSDAQ:A194480)	26.7%	67.5%
INTEKPLUS (KOSDAQ:A064290)	16.3%	77.4%
Techwing (KOSDAQ:A089030)	18.7%	118.2%

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

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

Techwing (KOSDAQ:A089030)

Simply Wall St Growth Rating: ★★★★★★

Overview: Techwing, Inc. operates globally, focusing on the development, manufacturing, sale, and servicing of semiconductor inspection equipment, with a market capitalization of approximately ₩1.85 trillion.

Operations: The company generates revenue primarily through the development, manufacturing, and sale of semiconductor inspection equipment on a global scale.

Insider Ownership: 18.7%

Earnings Growth Forecast: 118.2% p.a.

Techwing, a South Korean company, is poised for significant growth with its revenue expected to increase by 41.3% annually, outpacing the local market's 10.5%. While it struggles with covering interest payments from earnings, indicating financial pressure, it is forecasted to become profitable within three years. This profitability aligns with an anticipated high return on equity of 33.1%. However, investors should note the absence of insider trading data and a highly volatile share price recently.

• Dive into the specifics of Techwing here with our thorough growth forecast report.
• Our comprehensive valuation report raises the possibility that Techwing is priced higher than what may be justified by its financials.

Hana Materials (KOSDAQ:A166090)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Hana Materials Inc., based in South Korea, specializes in the manufacturing and sales of silicon electrodes and rings, with a market cap of approximately ₩1.20 trillion.

Operations: The company specializes in the production and sales of silicon electrodes and rings, generating all its revenue from these products.

Insider Ownership: 12.5%

Earnings Growth Forecast: 43.8% p.a.

Hana Materials, a South Korean growth company, is expected to see its revenue grow by 21.7% annually, significantly outpacing the local market's average of 10.5%. Earnings are also forecasted to increase substantially at a rate of 43.75% per year over the next three years. Despite these strong growth indicators, the company faces challenges with a high level of debt and declining profit margins from 25.1% last year to 11.6%. Additionally, there is no recent insider trading activity reported.

• Click to explore a detailed breakdown of our findings in Hana Materials' earnings growth report.
• The valuation report we've compiled suggests that Hana Materials' current price could be inflated.

Solum (KOSE:A248070)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Solum Co., Ltd. is a South Korean company that manufactures and markets power modules, digital tuners, and electronic shelf labels globally, with a market capitalization of approximately ₩1.07 billion.

Operations: The company generates its revenue from the production and global sales of power modules, digital tuners, and electronic shelf labels.

Insider Ownership: 15.9%

Earnings Growth Forecast: 29.3% p.a.

Solum, a South Korean company, is positioned well with its revenue expected to grow by 11.7% annually, outpacing the local market's average of 10.5%. Analysts predict a substantial price increase of 81.7%, and the stock is trading at 45.2% below estimated fair value, signaling potential undervaluation compared to industry peers. Moreover, earnings are projected to surge by 29.28% annually over the next few years with a high future return on equity forecasted at 26.5%.

• Unlock comprehensive insights into our analysis of Solum stock in this growth report.
• Insights from our recent valuation report point to the potential undervaluation of Solum shares in the market.

Key Takeaways

• Click through to start exploring the rest of the 80 Fast Growing KRX Companies With High Insider Ownership now.
• Have you diversified into these companies? Leverage the power of Simply Wall St's portfolio to keep a close eye on market movements affecting your investments.
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Seeking Other Investments?

• 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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