Stock Analysis

Yangzijiang Shipbuilding (Holdings) Ltd.'s (SGX:BS6) largest shareholders are retail investors with 43% ownership, private companies own 32%

SGX:BS6
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Key Insights

A look at the shareholders of Yangzijiang Shipbuilding (Holdings) Ltd. (SGX:BS6) can tell us which group is most powerful. We can see that retail investors own the lion's share in the company with 43% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.

Meanwhile, private companies make up 32% of the company’s shareholders.

Let's delve deeper into each type of owner of Yangzijiang Shipbuilding (Holdings), beginning with the chart below.

Check out our latest analysis for Yangzijiang Shipbuilding (Holdings)

ownership-breakdown
SGX:BS6 Ownership Breakdown November 16th 2023

What Does The Institutional Ownership Tell Us About Yangzijiang Shipbuilding (Holdings)?

Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices.

As you can see, institutional investors have a fair amount of stake in Yangzijiang Shipbuilding (Holdings). This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see Yangzijiang Shipbuilding (Holdings)'s historic earnings and revenue below, but keep in mind there's always more to the story.

earnings-and-revenue-growth
SGX:BS6 Earnings and Revenue Growth November 16th 2023

Yangzijiang Shipbuilding (Holdings) is not owned by hedge funds. YZJ Settlement Julius Baer Trust Company is currently the largest shareholder, with 22% of shares outstanding. In comparison, the second and third largest shareholders hold about 10.0% and 7.0% of the stock.

Looking at the shareholder registry, we can see that 50% of the ownership is controlled by the top 12 shareholders, meaning that no single shareholder has a majority interest in the ownership.

While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too.

Insider Ownership Of Yangzijiang Shipbuilding (Holdings)

While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.

Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group.

We can see that insiders own shares in Yangzijiang Shipbuilding (Holdings) Ltd.. The insiders have a meaningful stake worth S$258m. Most would see this as a real positive. It is good to see this level of investment by insiders. You can check here to see if those insiders have been buying recently.

General Public Ownership

The general public-- including retail investors -- own 43% stake in the company, and hence can't easily be ignored. 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.

Private Company Ownership

Our data indicates that Private Companies hold 32%, of the company's shares. It might be worth looking deeper into this. If related parties, such as insiders, have an interest in one of these private companies, that should be disclosed in the annual report. Private companies may also have a strategic interest in the company.

Next Steps:

It's always worth thinking about the different groups who own shares in a company. But to understand Yangzijiang Shipbuilding (Holdings) better, we need to consider many other factors. Case in point: We've spotted 1 warning sign for Yangzijiang Shipbuilding (Holdings) you should be aware of.

If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future.

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.

Valuation is complex, but we're helping make it simple.

Find out whether Yangzijiang Shipbuilding (Holdings) is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

View the Free Analysis

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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 SGX:BS6

Yangzijiang Shipbuilding (Holdings)

Yangzijiang Shipbuilding (Holdings) Ltd., an investment holding company, engages in the shipbuilding activities in the Greater China, Canada, Japan, Italy, Greece, other European countries, and internationally.

Solid track record with excellent balance sheet and pays a dividend.