Cambricon Technologies Leads Three Growth Stocks With High Insider Ownership

editorial-team@simplywallst.com (Simply Wall St)

9 July 2024 at 9:05 am·4-min read

As global markets navigate through a landscape marked by fluctuating interest rates and mixed economic indicators, investors continue to seek stable yet promising opportunities. In this context, growth companies with high insider ownership can be particularly appealing, as significant insider stakes often signal confidence in the company's future prospects from those who know it best.

Top 10 Growth Companies With High Insider Ownership

Name	Insider Ownership	Earnings Growth
Gaming Innovation Group (OB:GIG)	26.7%	36.9%
Clinuvel Pharmaceuticals (ASX:CUV)	13.6%	26.7%
Global Tax Free (KOSDAQ:A204620)	18.1%	72.4%
KebNi (OM:KEBNI B)	37.8%	90.4%
Seojin SystemLtd (KOSDAQ:A178320)	27.9%	54%
Credo Technology Group Holding (NasdaqGS:CRDO)	14.7%	60.9%
Calliditas Therapeutics (OM:CALTX)	11.7%	52.9%
Vow (OB:VOW)	31.8%	97.6%
Adocia (ENXTPA:ADOC)	11.9%	59.8%
HANA Micron (KOSDAQ:A067310)	20%	96.3%

Click here to see the full list of 1447 stocks from our Fast Growing Companies With High Insider Ownership screener.

We'll examine a selection from our screener results.

Cambricon Technologies

Simply Wall St Growth Rating: ★★★★★☆

Overview: Cambricon Technologies Corporation Limited specializes in researching, developing, designing, and selling core chips for cloud servers, edge computing, and terminal equipment in China, with a market capitalization of approximately CN¥80.15 billion.

Operations: The company generates revenue by selling core chips, primarily for cloud servers, edge computing devices, and various terminal equipment in China.

Insider Ownership: 28.7%

Cambricon Technologies is navigating a challenging financial landscape with its recent quarterly earnings showing a reduction in losses: CNY 226.68 million down from CNY 255.03 million year-over-year, and revenue at CNY 25.67 million, significantly lower than the previous year's CNY 75.29 million. Despite this downturn, the company is forecasted to achieve profitability within three years, with expected revenue growth at an impressive rate of 56.6% per year—outpacing the Chinese market average of 13.6%. This growth trajectory underscores its potential as a growth company despite current volatility and lack of insider trading activity in recent months.

SHSE:688256 Ownership Breakdown as at Jul 2024

Shenzhen Capchem Technology

Simply Wall St Growth Rating: ★★★★★☆

Overview: Shenzhen Capchem Technology Co., Ltd. specializes in researching, developing, producing, selling, and servicing electronic chemical products and functional materials in China, with a market capitalization of approximately CN¥20.72 billion.

Operations: The company generates revenue primarily from the production and sale of electronic chemical products and functional materials.

Insider Ownership: 39.3%

Shenzhen Capchem Technology, amid a backdrop of significant share repurchases totaling CNY 49.34 million, exhibits robust growth forecasts with earnings and revenue expected to expand by 27.5% and 20.6% per year respectively, surpassing the Chinese market averages. Despite a low forecasted Return on Equity at 17.3% and an unstable dividend record, the company's strategic buybacks and favorable valuation (P/E ratio of 24.4x) reflect a proactive stance in enhancing shareholder value while navigating market challenges effectively.

SZSE:300037 Earnings and Revenue Growth as at Jul 2024

Gudeng Precision Industrial

Simply Wall St Growth Rating: ★★★★★★

Overview: Gudeng Precision Industrial Co., Ltd. operates globally, offering technology services with a market capitalization of approximately NT$48.47 billion.

Operations: The company's revenue is primarily derived from semiconductor manufacturing and semiconductor equipment manufacturing, generating NT$3.64 billion and NT$1.28 billion respectively.

Insider Ownership: 29.3%

Gudeng Precision Industrial Co., Ltd. is poised for substantial growth, with earnings and revenue projected to increase by 37.2% and 25% per year respectively, outpacing the TW market averages significantly. Despite recent shareholder dilution, the company maintains a strong forecast Return on Equity of 21.1%. Recent executive reshuffles aim to bolster its governance as it continues to navigate challenges effectively, including the successful resolution of a patent infringement lawsuit without financial repercussions.

TPEX:3680 Ownership Breakdown as at Jul 2024

Make It Happen

Take a closer look at our Fast Growing Companies With High Insider Ownership list of 1447 companies by clicking here.
Are any of these part of your asset mix? Tap into the analytical power of Simply Wall St's portfolio to get a 360-degree view on how they're shaping up.
Streamline your investment strategy with Simply Wall St's app for free and benefit from extensive research on stocks across all corners of the world.

Contemplating Other Strategies?

Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence.
Find companies with promising cash flow potential yet trading below their fair value.

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 SHSE:688256 SZSE:300037 and TPEX:3680.

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

Moneywise
Warren Buffett once said there are 'two kinds of items people buy' to grow wealth — but only one 'really is investing'
It's all about where the returns come from.
Barrons.com
Why Berkshire’s $1.5 Billion Sale of Bank of America Stock Could Be Just the Beginning
Berkshire Hathaway trimmed its holdings of Bank of America stock for the first time in at least four years. U.S. Bancorp, Wells Fargo, Bank of New York Mellon, and HP Inc. were once large positions at Berkshire and have been eliminated. The risk of further sales appears to be depressing Bank of America stock, which was off 1.5% on Monday afternoon.
The Smart Investor
3 Singapore Blue-Chip Stocks That Could Potentially Raise Their Dividends
Here are three blue-chip stocks that are on the way to raising their dividends. The post 3 Singapore Blue-Chip Stocks That Could Potentially Raise Their Dividends appeared first on The Smart Investor.
Benzinga
Nvidia Could Be Worth Nearly $50 Trillion In A Decade, Says Early Tesla, Amazon Investor: Nearly 2X That Of US Or 3X Of China's Current GDP
A prominent tech investor predicted that NVIDIA Corp. (NASDAQ:NVDA) could achieve a market capitalization of nearly $50 trillion within the next decade. What Happened: James Anderson, an early investor in companies like Tesla Inc (NASDAQ:TSLA) and Amazon.com Inc (NASDAQ:AMZN), expressed his bullish outlook on Nvidia’s future potential, reported the Financial Times on Sunday. He suggested that the chipmaker’s market cap could potentially surpass the combined value of the current S&P 500. Don't Mi
Barrons.com
Buffett’s Berkshire Sells Bank of America Stock Worth $1.5 Billion
Berkshire has reduced or eliminated stakes in several banks in recent years, including Wells Fargo, JPMorgan Chase, and Goldman Sachs .
Reuters Videos
Nvidia prepping new China chip in line with export curbs
STORY: Nvidia is working on a new version of its flagship AI chips that is meant to avoid U.S. restrictions on sales to China. That’s according to Reuters sources. They say the new silicon will be compatible with Washington’s export controls. There was no comment on the report from the company. The AI chip champion unveiled its “Blackwell” semiconductors in March. It’s thought the new product for China will be a derivative. The U.S. tightened controls on the export of chips to China in 2023. It wants to prevent breakthroughs in supercomputing that could help the country’s military. Recent reports claim more controls are likely, with Washington pressuring allies like Japan to impose further controls too. Since the U.S. curbs were introduced, Chinese tech giants including Huawei have sought to develop their own alternative semiconductors. That’s a challenge Nvidia would like to defeat, with China accounting for over a quarter of its sales before the recent tensions began.
Barrons.com
Stock Futures Climb After Biden Quits Campaign. Here’s What to Watch Next.
U.S. stocks are poised for a higher open on Monday, offering the first glimpse of the markets’ reaction to President Joe Biden’s decision not to seek reelection and endorsement of Vice President Kamala Harris to become the Democratic presidential candidate. At 6:30 p.m. Eastern Time on Sunday, Dow Jones Industrial Average futures had gained 40 points, or 0.1%, S&P 500 futures had risen 0.2%, and Nasdaq Composite futures had advanced 0.3%. Polls had shown Donald Trump’s lead over Biden widening since the president’s poor debate, the failed assassination attempt on former President Trump, and the Republican convention.
The Independent
13 celebrities who lost their fortunes: ‘I had zero money’
Francis Ford Coppola and 50 Cent feature on this list of surprising stars who have suffered significant financial difficulties over the years
Reuters
Aussie, kiwi dollars struggle on China's rate cuts; dollar adrift
The Australian and New Zealand dollars languished near multi-week lows on Tuesday after China's move to cut several key interest rates, while the dollar was little changed as it awaited fresh impetus. China on Monday surprised markets by cutting major short and long-term interest rates in its first such broad move since last August, signalling intent to boost growth in the world's second-largest economy. The two Antipodean currencies, often used as liquid proxies for the Chinese yuan, were flat after slumping in the previous session in the wake of the news.
Reuters
Oil drops as investors look past Biden exit, focus on weak fundamentals
NEW YORK (Reuters) -Oil prices fell for a second consecutive session on Monday to their lowest level in over a month, as investors looked past U.S. President Joe Biden's decision to end his reelection bid and focused on rising stockpiles and signs of weak demand. Biden ended his campaign on Sunday and endorsed Vice President Kamala Harris as the Democrat who should face Republican Donald Trump in the November election. Traders took Biden's decision in stride while shrugging off escalating tensions in the Middle East, U.S. fuel distributor TACenergy's trading desk wrote on Monday.
Zacks
Palantir Technologies Inc. (PLTR) Stock Sinks As Market Gains: What You Should Know
Palantir Technologies Inc. (PLTR) closed the most recent trading day at $28.46, moving -0.42% from the previous trading session.
South China Morning Post
US likely to cut rates 3 times this year as inflation cools, says former Fed vice-chair
The Federal Reserve is likely to cut interest rates three times this year as inflation heads downward and the labour market cools, according to Richard Clarida, who was vice-chair of the US central bank from 2018 to 2022. Any further improvements in inflation data and increases in the unemployment rate in the US will inform the Fed's decision, Clarida, currently the global economic adviser for asset management giant Pimco, said in an interview in Hong Kong. Pimco's forecast is for two rate cuts,
GOBankingRates
I’m a Financial Advisor: 4 Moves I’ll Make If I Think Trump Will Win the Election
Another presidential election is on the horizon, and financial advisors are considering the possibility of Donald Trump securing the Republican nomination and winning a second term at the presidency....
Reuters
Analysis-China faces growing scepticism over its commitment to decade-old policy pledges
As imbalances in China's economy deepen, pressure is growing on Beijing to deliver on the decade-old policy promises it revived at an agenda-setting leadership meeting last week, having failed to achieve major breakthroughs in recent years. Faced with deflationary pressures and weak demand at home and increased hostility towards its export dominance abroad, the twice a decade political event, known as a plenum, chose to point towards policy continuity rather than any structural shifts. The plenum "has clearly not been a game changer in terms of the reforms announced, especially given the challenges ahead both externally and domestically," said Alicia Garcia Herrero, chief Asia Pacific economist at Natixis.
GOBankingRates
Robert Kiyosaki: Why Saving Money Is the Wrong Way To Prepare for Retirement
Robert Kiyosaki, the bestselling author of "Rich Dad Poor Dad," has argued -- against conventional wisdom -- that "the historical advice to 'save' is no longer a sufficient way to prepare for...
Reuters
Fed may be on cusp of emerging from 'elevated' inflation blues
In September 2021, after absorbing three months of price hikes that were more than double the Federal Reserve's 2% target, U.S. central bank staff and policymakers shifted from their more passive tone about inflation and began describing it as "elevated." Triggered after the personal consumption expenditures price index used by the Fed to set its inflation target topped 4% in May, June and July of that year, the elevated inflation description remains in the rate-setting Federal Open Market Committee's policy statement to this day, even with the PCE now down to 2.6% and, it seems, still falling. The Fed's policy meeting next week may finally usher the word out the door.
Reuters
India ed-tech firm Byju's founder faces reckoning as startup implodes
Byju Raveendran, an Indian mathematics whiz who soared from teacher to startup billionaire before his education-technology company imploded this year, now faces his biggest test. The future of Raveendran's eponymous Byju's online coaching firm rests with India's courts after the country's biggest startup, once loved by global investors who valued it at $22 billion, crashed below $2 billion in valuation. The 44-year-old founder last week lost control of the company as a tribunal kick-started an insolvency process.
Reuters
Gold slips to over 1-week low as dollar firms, investors await more Fed cues
Gold prices fell to a more than one-week low on Monday as the dollar firmed, while traders awaited more U.S. economic data and comments from Federal Reserve officials this week for clarity on the timeline for interest rate cuts. Spot gold fell 0.4% to $2,391.21 per ounce, as of 1635 GMT, while U.S. gold futures shed 0.3% to $2,392.60. "We're seeing a quiet market today for gold" as "they're waiting to see what exactly the change in the democratic party’s candidacy means for the election and for the country and the world overall," said Jeffrey Christian, managing partner of CPM Group.
AFP News
Asian markets drop as Biden drops out of White House race
Asian markets fell Monday as Joe Biden's decision to drop out of the US presidential race fuelled fresh uncertainty, while traders appeared unmoved by China's decision to cut interest rates in a bid to boost its stuttering economy.The developments out of Washington have overshadowed optimism that the Federal Reserve will cut interest rates as soon as September and possibly again before January.
Reuters SG
EXPLAINER-How Singapore's unique monetary policy works
Singapore's central bank has a unique method of managing monetary policy, tweaking the exchange rate of its dollar instead of changing domestic interest rates like most other economies. The Monetary Authority of Singapore (MAS) sets the path of what it calls the policy band of the Singapore dollar nominal effective exchange rate (S$NEER), thus strengthening or weakening the local currency against those of its main trading partners. Singapore is a small and trade-reliant economy.

Straits Times Index

Nikkei

Hang Seng

FTSE 100

Bitcoin USD

CMC Crypto 200

S&P 500

Dow

Nasdaq

Gold

Crude Oil

10-Yr Bond

FTSE Bursa Malaysia

Jakarta Composite Index

PSE Index

Top 10 Growth Companies With High Insider Ownership

Make It Happen

Contemplating Other Strategies?

Latest stories