SEHK Growth Companies With High Insider Ownership October 2024

SEHK Growth Companies With High Insider Ownership October 2024

As global markets respond to China’s robust stimulus measures, the Hong Kong market has experienced a notable surge, with the Hang Seng Index gaining 13% recently. In this environment of renewed optimism, growth companies with high insider ownership in Hong Kong present intriguing opportunities for investors seeking alignment between management and shareholder interests.

Top 10 Growth Companies With High Insider Ownership In Hong Kong

Name

Insider Ownership

Earnings Growth

Laopu Gold (SEHK:6181)

36.4%

32.7%

Akeso (SEHK:9926)

20.5%

54.5%

Fenbi (SEHK:2469)

33.1%

22.4%

Zylox-Tonbridge Medical Technology (SEHK:2190)

18.8%

69.8%

Pacific Textiles Holdings (SEHK:1382)

11.2%

37.7%

Zhejiang Leapmotor Technology (SEHK:9863)

15%

69.7%

DPC Dash (SEHK:1405)

38.1%

104.2%

Biocytogen Pharmaceuticals (Beijing) (SEHK:2315)

13.9%

109.2%

Beijing Airdoc Technology (SEHK:2251)

29.1%

93.4%

Lianlian DigiTech (SEHK:2598)

19.7%

92.3%

Click here to see the full list of 48 stocks from our Fast Growing SEHK Companies With High Insider Ownership screener.

Here we highlight a subset of our preferred stocks from the screener.

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Kuaishou Technology is an investment holding company that offers live streaming, online marketing, and other services in the People’s Republic of China, with a market cap of HK$258.56 billion.

Operations: The company’s revenue segments are comprised of CN¥117.32 billion from domestic operations and CN¥3.57 billion from overseas activities.

Insider Ownership: 19.4%

Kuaishou Technology, a prominent growth company in Hong Kong, has demonstrated substantial earnings improvement with net income rising to CNY 3.98 billion in Q2 2024. Despite moderate revenue growth forecasts of 9% annually, its earnings are expected to grow at a robust rate of 18.7% per year, outpacing the Hong Kong market average. The company’s strategic advancements in AI technology and video generation models further bolster its competitive edge and potential for sustained profitability.

SEHK:1024 Earnings and Revenue Growth as at Oct 2024

SEHK:1024 Earnings and Revenue Growth as at Oct 2024

Simply Wall St Growth Rating: ★★★★☆☆

Overview: BYD Company Limited, along with its subsidiaries, operates in the automobiles and batteries sectors across the People’s Republic of China, Hong Kong, Macau, Taiwan, and internationally with a market cap of approximately HK$943.02 billion.

Operations: The company’s revenue is primarily derived from its Automobiles and Related Products segment, which generated CN¥507.52 billion, followed by the Mobile Handset Components, Assembly Service and Other Products segment with CN¥154.49 billion.

Insider Ownership: 30.1%

BYD Company Limited has shown significant growth, with production and sales volumes increasing notably year-over-year. Recent strategic partnerships, such as the collaboration with Uber to expand electric vehicle offerings, highlight its global expansion efforts. Despite a moderate forecasted annual earnings growth of 15.5%, BYD’s revenue is expected to grow faster than the Hong Kong market average. The company also reported strong half-year financials, with net income rising to CNY 13.63 billion from CNY 10.95 billion a year ago.

SEHK:1211 Earnings and Revenue Growth as at Oct 2024SEHK:1211 Earnings and Revenue Growth as at Oct 2024

SEHK:1211 Earnings and Revenue Growth as at Oct 2024

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Meituan is a technology retail company operating in the People’s Republic of China with a market capitalization of approximately HK$1.17 trillion.

Operations: The company’s revenue is derived from two main segments: Core Local Commerce, contributing CN¥228.13 billion, and New Initiatives, generating CN¥77.56 billion.

Insider Ownership: 11.8%

Meituan’s earnings are projected to grow significantly at 26% annually, outpacing the Hong Kong market. The company has been active in share buybacks, repurchasing over 139 million shares for US$2 billion recently, indicating confidence in its valuation. Despite limited insider buying, Meituan’s revenue growth forecast of 12.9% remains robust compared to the market average. Recent financials show strong performance with net income doubling year-over-year to CNY 16.72 billion.

SEHK:3690 Ownership Breakdown as at Oct 2024SEHK:3690 Ownership Breakdown as at Oct 2024

SEHK:3690 Ownership Breakdown as at Oct 2024

Where To Now?

Ready For A Different Approach?

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.

Companies discussed in this article include SEHK:1024 SEHK:1211 and SEHK:3690.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

Source link

Visited 1 times, 1 visit(s) today

Leave a Reply

Your email address will not be published. Required fields are marked *