High Insider Ownership Growth Stocks On Chinese Exchanges In June 2024

As global markets navigate through varying economic signals, China's equities have shown resilience despite ongoing deflationary pressures and a cautious consumer environment. In such a landscape, stocks with high insider ownership can be particularly compelling, as they often indicate a strong alignment between company management and shareholder interests.

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%
Ningbo Deye Technology Group (SHSE:605117)	24.8%	28.5%
Cubic Sensor and InstrumentLtd (SHSE:688665)	10.1%	34.3%
Arctech Solar Holding (SHSE:688408)	38.6%	24.8%
Anhui Huaheng Biotechnology (SHSE:688639)	31.5%	28.4%
Sineng ElectricLtd (SZSE:300827)	36.5%	39.8%
Fujian Wanchen Biotechnology Group (SZSE:300972)	14.9%	75.9%
UTour Group (SZSE:002707)	24%	33.1%
Xi'an Sinofuse Electric (SZSE:301031)	36.8%	43.1%

Click here to see the full list of 362 stocks from our Fast Growing Chinese Companies With High Insider Ownership screener.

Let's take a closer look at a couple of our picks from the screened companies.

JiangSu Zhenjiang New Energy Equipment

Simply Wall St Growth Rating: ★★★★★☆

Overview: JiangSu Zhenjiang New Energy Equipment Co., Ltd. is a company engaged in the manufacturing of equipment for new energy sources, with a market capitalization of approximately CN¥4.81 billion.

Operations: The company generates its revenue from the manufacturing of equipment for new energy sources.

Insider Ownership: 22.4%

Earnings Growth Forecast: 38.1% p.a.

JiangSu Zhenjiang New Energy Equipment is experiencing robust growth with earnings forecasted to increase by 38.1% annually, outpacing the Chinese market's 22.7%. Its revenue growth is also strong at 24.3% per year, exceeding the market average of 13.9%. Despite these positives, its Return on Equity is expected to remain low at 15.8%. Recent activities include a share buyback where the company repurchased shares worth CNY 30.01 million, demonstrating confidence from management in its financial health and future prospects.

• Take a closer look at JiangSu Zhenjiang New Energy Equipment's potential here in our earnings growth report.

• Our expertly prepared valuation report JiangSu Zhenjiang New Energy Equipment implies its share price may be lower than expected.

SHSE:603507 Ownership Breakdown as at Jun 2024

Optowide Technologies

Simply Wall St Growth Rating: ★★★★★☆

Overview: Optowide Technologies Co., Ltd. operates in the field of precision optics and fiber components, focusing on research, development, production, and sales both domestically and internationally, with a market capitalization of CN¥3.49 billion.

Operations: Optowide Technologies primarily generates revenue through the development, production, and sale of precision optics and fiber components.

Insider Ownership: 36.6%

Earnings Growth Forecast: 35.8% p.a.

Optowide Technologies, amidst a volatile market, reported a strong first quarter with revenues up to CNY 93.89 million and net income increasing to CNY 11.25 million. The company's earnings are expected to grow by 35.8% annually, significantly outpacing the Chinese market forecast of 22.7%. Despite high revenue growth projections at 29.6% annually, its Return on Equity is anticipated to be modest at around 10.7% in three years. Recent strategic moves include a substantial private placement aiming for CNY 485 million and ongoing share buybacks totaling CNY 10.34 million, underscoring insider confidence yet highlighting capital needs and share price instability.

• Click to explore a detailed breakdown of our findings in Optowide Technologies' earnings growth report.

• In light of our recent valuation report, it seems possible that Optowide Technologies is trading beyond its estimated value.

SHSE:688195 Earnings and Revenue Growth as at Jun 2024

Beijing SuperMap Software

Simply Wall St Growth Rating: ★★★★★☆

Overview: Beijing SuperMap Software Co., Ltd. provides geographic information system (GIS) and geospatial intelligence software products and services, operating both in China and internationally, with a market capitalization of approximately CN¥7.28 billion.

Operations: The company generates revenue primarily from its software segment, totaling CN¥1.96 billion.

Insider Ownership: 17.9%

Earnings Growth Forecast: 35.1% p.a.

Beijing SuperMap Software, a Chinese growth company with significant insider ownership, recently announced a share repurchase program valued at CNY 200 million to bolster employee stock ownership plans. Despite this show of confidence, the firm's latest financials depict modest performance with Q1 earnings falling to CNY 4.86 million from CNY 12.19 million year-over-year. However, annual revenue surged to CNY 1.98 billion, marking a recovery with net income flipping from a substantial loss to CNY 152.11 million profit in the previous year. Analyst forecasts suggest robust future growth in earnings by approximately 35% annually, outperforming broader market expectations.

• Delve into the full analysis future growth report here for a deeper understanding of Beijing SuperMap Software.

• Our valuation report unveils the possibility Beijing SuperMap Software's shares may be trading at a premium.

SZSE:300036 Earnings and Revenue Growth as at Jun 2024

Make It Happen

• Click this link to deep-dive into the 362 companies within our Fast Growing Chinese Companies With High Insider Ownership screener.

• Shareholder in one or more of these companies? Ensure you're never caught off-guard by adding your portfolio in Simply Wall St for timely alerts on significant stock developments.

• Invest smarter with the free Simply Wall St app providing detailed insights into every stock market around the globe.

Searching for a Fresh Perspective?

• 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:603507 SHSE:688195 and SZSE:300036.

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