Chifeng Jilong Gold MiningLtd Leads Trio Of High Insider Ownership Growth Stocks On Chinese Exchange

Amid a backdrop of mixed economic signals from China, where industrial production and fixed asset investment show signs of slowing even as retail sales gain momentum, investors are closely scrutinizing market dynamics. In such an environment, growth companies with high insider ownership like Chifeng Jilong Gold Mining Ltd can be particularly compelling, as substantial insider stakes often align management’s interests with those of shareholders, potentially enhancing corporate governance and performance resilience.

Top 10 Growth Companies With High Insider Ownership In China

Name	Insider Ownership	Earnings Growth
KEBODA TECHNOLOGY (SHSE:603786)	12.8%	25.1%
Suzhou Shijing Environmental TechnologyLtd (SZSE:301030)	22%	54.9%
Cubic Sensor and InstrumentLtd (SHSE:688665)	10.1%	34.3%
Anhui Huaheng Biotechnology (SHSE:688639)	31.5%	28.4%
Sineng ElectricLtd (SZSE:300827)	36.5%	39.8%
Ningbo Deye Technology Group (SHSE:605117)	24.8%	28.5%
Arctech Solar Holding (SHSE:688408)	38.6%	25.8%
Eoptolink Technology (SZSE:300502)	26.7%	39.1%
Fujian Wanchen Biotechnology Group (SZSE:300972)	14.9%	75.9%
UTour Group (SZSE:002707)	24%	33.1%

Click here to see the full list of 364 stocks from our Fast Growing Chinese Companies With High Insider Ownership screener.

Let's uncover some gems from our specialized screener.

Chifeng Jilong Gold MiningLtd

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Chifeng Jilong Gold Mining Co., Ltd. is a company engaged in gold and non-ferrous metal mining, with a market capitalization of approximately CN¥28.03 billion.

Operations: The company generates revenue primarily through gold and non-ferrous metal mining.

Insider Ownership: 16.1%

Earnings Growth Forecast: 25.2% p.a.

Chifeng Jilong Gold Mining Co., Ltd. has demonstrated robust financial growth with its earnings surging by 163.8% over the past year, and expectations of continued significant growth at an annual rate of 25.17%. Despite trading 57.7% below its estimated fair value, the company's forecasted revenue growth of 15.4% per year is set to outpace the broader Chinese market's 13.9%. However, its projected Return on Equity (ROE) of 18.9% in three years may be considered low compared to benchmarks in the sector.

• Click to explore a detailed breakdown of our findings in Chifeng Jilong Gold MiningLtd's earnings growth report.

• Insights from our recent valuation report point to the potential undervaluation of Chifeng Jilong Gold MiningLtd shares in the market.

SHSE:600988 Ownership Breakdown as at Jun 2024

Hangzhou Jingye Intelligent Technology

Simply Wall St Growth Rating: ★★★★★☆

Overview: Hangzhou Jingye Intelligent Technology Co., Ltd. operates in the technology sector and has a market cap of approximately CN¥3.38 billion.

Operations: The company generates revenue primarily from its Machinery & Industrial Equipment segment, totaling CN¥226.72 million.

Insider Ownership: 33.5%

Earnings Growth Forecast: 57.9% p.a.

Hangzhou Jingye Intelligent Technology is poised for substantial growth, with earnings expected to increase by 57.9% annually, outpacing the Chinese market's 22.5%. However, recent financial reports indicate a downturn, with a shift from a net income of CNY 5.82 million to a net loss of CNY 11.17 million in Q1 2024. Despite high insider ownership suggesting strong confidence in management, shareholder dilution and declining profit margins highlight significant challenges ahead for the company.

• Navigate through the intricacies of Hangzhou Jingye Intelligent Technology with our comprehensive analyst estimates report here.

• In light of our recent valuation report, it seems possible that Hangzhou Jingye Intelligent Technology is trading beyond its estimated value.

SHSE:688290 Ownership Breakdown as at Jun 2024

Dioo Microcircuits Jiangsu

Simply Wall St Growth Rating: ★★★★★☆

Overview: Dioo Microcircuits Co., Ltd. Jiangsu specializes in the research, development, design, and manufacture of high-performance analog chips in China, with a market capitalization of approximately CN¥4.99 billion.

Operations: The company generates its revenue primarily through the design and sale of high-performance analog chips.

Insider Ownership: 22.6%

Earnings Growth Forecast: 50.8% p.a.

Dioo Microcircuits Jiangsu demonstrates promising growth potential with expected earnings and revenue growth outstripping the Chinese market averages at 50.8% and 24.9% per year, respectively. However, the company faces challenges such as a significant drop in net profit margin from last year and low forecasted return on equity at 4.4%. Recent financial performance shows improvement with first-quarter sales and net income rising to CNY 128.32 million and CNY 16.06 million, respectively, alongside a share buyback completion worth CNY 29.88 million, reflecting strong management confidence despite some financial inconsistencies.

• Take a closer look at Dioo Microcircuits Jiangsu's potential here in our earnings growth report.

• According our valuation report, there's an indication that Dioo Microcircuits Jiangsu's share price might be on the expensive side.

SHSE:688381 Earnings and Revenue Growth as at Jun 2024

Key Takeaways

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Interested In Other Possibilities?

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• 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:600988SHSE:688290 and SHSE:688381

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