38.05 F
London
November 22, 2024
PI Global Investments
Silver

Individual investors are Inner Mongolia Xingye Silver &Tin Mining Co.,Ltd’s (SZSE:000426) biggest owners and were hit after market cap dropped CN¥1.2b


Key Insights

If you want to know who really controls Inner Mongolia Xingye Silver &Tin Mining Co.,Ltd (SZSE:000426), then you’ll have to look at the makeup of its share registry. And the group that holds the biggest piece of the pie are individual investors with 48% ownership. Put another way, the group faces the maximum upside potential (or downside risk).

And last week, individual investors endured the biggest losses as the stock fell by 4.8%.

Let’s delve deeper into each type of owner of Inner Mongolia Xingye Silver &Tin MiningLtd, beginning with the chart below.

View our latest analysis for Inner Mongolia Xingye Silver &Tin MiningLtd

ownership-breakdown
SZSE:000426 Ownership Breakdown April 21st 2024

What Does The Institutional Ownership Tell Us About Inner Mongolia Xingye Silver &Tin MiningLtd?

Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.

As you can see, institutional investors have a fair amount of stake in Inner Mongolia Xingye Silver &Tin MiningLtd. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of Inner Mongolia Xingye Silver &Tin MiningLtd, (below). Of course, keep in mind that there are other factors to consider, too.

earnings-and-revenue-growth
SZSE:000426 Earnings and Revenue Growth April 21st 2024

We note that hedge funds don’t have a meaningful investment in Inner Mongolia Xingye Silver &Tin MiningLtd. Looking at our data, we can see that the largest shareholder is Inner-Mongolia Industrial Group Co., Ltd. with 27% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 8.8% and 5.0%, of the shares outstanding, respectively.

A closer look at our ownership figures suggests that the top 14 shareholders have a combined ownership of 50% implying that no single shareholder has a majority.

While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock’s expected performance. There is a little analyst coverage of the stock, but not much. So there is room for it to gain more coverage.

Insider Ownership Of Inner Mongolia Xingye Silver &Tin MiningLtd

The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. 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.

I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions.

Our information suggests that Inner Mongolia Xingye Silver &Tin Mining Co.,Ltd insiders own under 1% of the company. But they may have an indirect interest through a corporate structure that we haven’t picked up on. Keep in mind that it’s a big company, and the insiders own CN¥188m worth of shares. The absolute value might be more important than the proportional share. Arguably, recent buying and selling is just as important to consider. You can click here to see if insiders have been buying or selling.

General Public Ownership

The general public– including retail investors — own 48% 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

We can see that Private Companies own 32%, of the shares on issue. Private companies may be related parties. Sometimes insiders have an interest in a public company through a holding in a private company, rather than in their own capacity as an individual. While it’s hard to draw any broad stroke conclusions, it is worth noting as an area for further research.

Next Steps:

I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too.

I like to dive deeper into how a company has performed in the past. You can access this interactive graph of past earnings, revenue and cash flow, for free.

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 Inner Mongolia Xingye Silver &Tin MiningLtd 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

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

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.



Source link

Related posts

Aftermath Silver Ltd. Announces Closing of First Tranche of Private Placement

D.William

Silver Forecast Today – 30/01: Silver Awaits Clear Direction

D.William

23rd Seoul Silver Grass Festival to illuminate Haneul Park Oct. 19-25

D.William

Leave a Comment

* By using this form you agree with the storage and handling of your data by this website.