Stock Analysis
- South Korea
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- Electronic Equipment and Components
- /
- KOSE:A353200
DAEDUCK ELECTRONICS Co., Ltd.'s (KRX:353200) largest shareholders are retail investors who were rewarded as market cap surged ₩77b last week
Key Insights
- The considerable ownership by retail investors in DAEDUCK ELECTRONICS indicates that they collectively have a greater say in management and business strategy
- The top 18 shareholders own 50% of the company
- Institutional ownership in DAEDUCK ELECTRONICS is 20%
A look at the shareholders of DAEDUCK ELECTRONICS Co., Ltd. (KRX:353200) can tell us which group is most powerful. And the group that holds the biggest piece of the pie are retail investors with 49% ownership. Put another way, the group faces the maximum upside potential (or downside risk).
As a result, retail investors collectively scored the highest last week as the company hit ₩857b market cap following a 9.7% gain in the stock.
Let's delve deeper into each type of owner of DAEDUCK ELECTRONICS, beginning with the chart below.
View our latest analysis for DAEDUCK ELECTRONICS
What Does The Institutional Ownership Tell Us About DAEDUCK ELECTRONICS?
Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing.
DAEDUCK ELECTRONICS already has institutions on the share registry. Indeed, they own a respectable stake in the company. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at DAEDUCK ELECTRONICS' earnings history below. Of course, the future is what really matters.
We note that hedge funds don't have a meaningful investment in DAEDUCK ELECTRONICS. Daeduck Co.,Ltd. is currently the company's largest shareholder with 30% of shares outstanding. With 7.5% and 2.3% of the shares outstanding respectively, National Pension Service and The Vanguard Group, Inc. are the second and third largest shareholders.
A closer look at our ownership figures suggests that the top 18 shareholders have a combined ownership of 50% implying that no single shareholder has a majority.
Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.
Insider Ownership Of DAEDUCK ELECTRONICS
While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves.
Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances.
Our most recent data indicates that insiders own less than 1% of DAEDUCK ELECTRONICS Co., Ltd.. It has a market capitalization of just ₩857b, and the board has only ₩7.2b worth of shares in their own names. Many investors in smaller companies prefer to see the board more heavily invested. You can click here to see if those insiders have been buying or selling.
General Public Ownership
The general public, who are usually individual investors, hold a 49% stake in DAEDUCK ELECTRONICS. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders.
Public Company Ownership
We can see that public companies hold 30% of the DAEDUCK ELECTRONICS shares on issue. It's hard to say for sure but this suggests they have entwined business interests. This might be a strategic stake, so it's worth watching this space for changes in ownership.
Next Steps:
It's always worth thinking about the different groups who own shares in a company. But to understand DAEDUCK ELECTRONICS better, we need to consider many other factors. Take risks for example - DAEDUCK ELECTRONICS has 2 warning signs we think you should be aware of.
If you would prefer discover what analysts are predicting in terms of future growth, do not miss this free report on analyst forecasts.
NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.
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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.
About KOSE:A353200
DAEDUCK ELECTRONICS
Daeduck Electronics Co., Ltd. provides various printed circuit boards (PCB) in South Korea and internationally.