Stock Analysis

Techwing And Two More KRX Growth Stocks With High Insider Ownership

KOSDAQ:A089030
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The South Korean market has shown promising growth, with a 2.2% increase over the last week and an impressive 11% rise over the past year, alongside forecasts predicting annual earnings growth of 30%. In this robust economic environment, stocks like Techwing that combine high insider ownership with substantial growth potential are particularly compelling.

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%
Vuno (KOSDAQ:A338220)19.5%105%
Park Systems (KOSDAQ:A140860)33.1%35.6%
UTI (KOSDAQ:A179900)34.1%122.7%
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 84 stocks from our Fast Growing KRX Companies With High Insider Ownership screener.

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

Techwing (KOSDAQ:A089030)

Simply Wall St Growth Rating: ★★★★★★

Overview: Techwing, Inc. operates in the semiconductor industry, focusing on the development, manufacture, sale, and servicing of inspection equipment both domestically in South Korea and internationally, with a market capitalization of approximately ₩2.40 trillion.

Operations: The company generates revenue primarily from the development, manufacture, sale, and servicing of semiconductor inspection equipment across various international markets.

Insider Ownership: 18.7%

Return On Equity Forecast: 43% (2027 estimate)

Techwing, a South Korean company, is poised for significant growth with its revenue expected to increase by 47.2% annually, outpacing the local market's 10.7%. Although profitability is on the horizon within three years, financial challenges persist as earnings barely cover interest payments. Despite this, Techwing's return on equity could reach a very high 43.4%, signaling potential efficiency gains. However, investors should note its share price has been highly volatile recently.

KOSDAQ:A089030 Ownership Breakdown as at Jul 2024
KOSDAQ:A089030 Ownership Breakdown as at Jul 2024

Seojin SystemLtd (KOSDAQ:A178320)

Simply Wall St Growth Rating: ★★★★★★

Overview: Seojin System Co., Ltd. specializes in manufacturing telecom equipment, repeaters, mechanical products, and LED equipment, with a market capitalization of approximately ₩1.80 billion.

Operations: Seojin System's revenue is primarily generated from its EMS segment, which brought in ₩1.22 billion, and its semiconductor operations, contributing ₩0.16 billion.

Insider Ownership: 27.9%

Return On Equity Forecast: 25% (2027 estimate)

Seojin System Ltd, a South Korean company, is forecasted to experience robust earnings growth of 54% annually, significantly outstripping the local market's 29.6%. This growth is supported by an anticipated revenue increase of 30.5% per year. Despite these positives, the company faces challenges with a reduced profit margin of 1.2%, down from last year's 4.2%, and a share price that has shown considerable volatility over the past three months. Moreover, there has been shareholder dilution in the past year which might concern investors looking for stable ownership stakes.

KOSDAQ:A178320 Earnings and Revenue Growth as at Jul 2024
KOSDAQ:A178320 Earnings and Revenue Growth 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 regions including South Korea, the United States, Asia, the Middle East, and Europe with a market cap of approximately ₩3.40 billion.

Operations: The company's revenue is derived from heavy industry, machinery manufacturing, and apartment construction activities across several regions including South Korea, the United States, Asia, the Middle East, and Europe.

Insider Ownership: 38.9%

Return On Equity Forecast: 22% (2027 estimate)

Doosan Corporation, trading at a significant discount to its estimated fair value, is poised for substantial earnings growth with forecasts predicting a 72.89% annual increase. Despite this optimistic profit outlook and expectations of becoming profitable within three years, its revenue growth projection of 3.6% lags behind the South Korean market average of 10.7%. Additionally, the company's share price has been highly volatile recently. Recent financials show a turnaround from last year's losses to profits and an improved earnings per share.

KOSE:A000150 Ownership Breakdown as at Jul 2024
KOSE:A000150 Ownership Breakdown as at Jul 2024

Where To Now?

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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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