KRX Growth Leaders With High Insider Stakes And 118% Earnings Surge

The South Korean market has shown encouraging signs of growth, with a 2.0% rise over the last week and a 6.7% increase over the past year. As earnings are expected to grow by 29% annually, companies with high insider ownership can be particularly appealing, as they often signal strong confidence in the company's future from those who know it best.

Top 10 Growth Companies With High Insider Ownership In South Korea

Name	Insider Ownership	Earnings Growth
ALTEOGEN (KOSDAQ:A196170)	26.6%	73.1%
Global Tax Free (KOSDAQ:A204620)	18.1%	72.4%
Fine M-TecLTD (KOSDAQ:A441270)	17.3%	36.4%
Park Systems (KOSDAQ:A140860)	33.1%	35.8%
UTI (KOSDAQ:A179900)	34.1%	122.7%
HANA Micron (KOSDAQ:A067310)	19.9%	76.8%
Seojin SystemLtd (KOSDAQ:A178320)	26.4%	48.1%
Devsisters (KOSDAQ:A194480)	26.7%	67.5%
INTEKPLUS (KOSDAQ:A064290)	16.3%	77.4%
Techwing (KOSDAQ:A089030)	18.7%	118.2%

Click here to see the full list of 83 stocks from our Fast Growing KRX Companies With High Insider Ownership screener.

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

Techwing

Simply Wall St Growth Rating: ★★★★★★

Overview: Techwing, Inc., a company with operations in South Korea and internationally, specializes in the development, manufacture, sale, and service of semiconductor inspection equipment and has a market capitalization of approximately ₩1.85 trillion.

Operations: The company generates its revenue through the development, manufacture, sale, and service of semiconductor inspection equipment in South Korea and globally.

Insider Ownership: 18.7%

Earnings Growth Forecast: 118.2% p.a.

Techwing, a South Korean company, is on track to profitability within three years with expected earnings growth at 118.23% annually and revenue growth forecasted at 41.3% per year—significantly outpacing the market average of 10.5%. Despite these strong growth indicators, the firm faces challenges with financial stability as its interest payments are not well covered by earnings. Additionally, Techwing's share price has been highly volatile recently, adding an element of risk for potential investors.

• Click here and access our complete growth analysis report to understand the dynamics of Techwing.

• Our expertly prepared valuation report Techwing implies its share price may be too high.

KOSDAQ:A089030 Ownership Breakdown as at Jun 2024

Hana Materials

Simply Wall St Growth Rating: ★★★★★☆

Overview: Hana Materials Inc. is a South Korean company that specializes in manufacturing and selling silicon electrodes and rings, with a market capitalization of approximately ₩1.20 trillion.

Operations: The company generates its revenue primarily from the production and sales of silicon electrodes and rings.

Insider Ownership: 12.5%

Earnings Growth Forecast: 43.8% p.a.

Hana Materials, a South Korean company, is poised for significant growth with earnings expected to increase by 43.75% annually and revenue forecasted to grow 21.7% per year, both rates surpassing the market averages of 28.8% and 10.5%, respectively. Despite this robust growth outlook, the company grapples with high debt levels and a decline in profit margins from 25.1% to 11.6%. Additionally, its projected Return on Equity of 17.1% could be considered low compared to industry benchmarks.

• Unlock comprehensive insights into our analysis of Hana Materials stock in this growth report.

• Upon reviewing our latest valuation report, Hana Materials' share price might be too optimistic.

KOSDAQ:A166090 Earnings and Revenue Growth as at Jun 2024

Devsisters

Simply Wall St Growth Rating: ★★★★★★

Overview: Devsisters Corporation specializes in developing mobile games for both the South Korean and international markets, with a market capitalization of approximately ₩643.27 billion.

Operations: The company generates revenue primarily from the development of mobile games across both South Korean and global markets.

Insider Ownership: 26.7%

Earnings Growth Forecast: 67.5% p.a.

Devsisters, a South Korean firm, is on track to outperform with its revenue growth projected at 23.7% annually, significantly surpassing the market's 10.5%. The company is also expected to achieve profitability within three years and its earnings could see a substantial rise of 67.48% per year. Despite these positives, it faces challenges such as high share price volatility and lacks recent insider buying activity. Its Return on Equity is anticipated to be impressive at 29% in three years' time.

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

• The analysis detailed in our Devsisters valuation report hints at an inflated share price compared to its estimated value.

KOSDAQ:A194480 Ownership Breakdown as at Jun 2024

Next Steps

• Unlock more gems! Our Fast Growing KRX Companies With High Insider Ownership screener has unearthed 80 more companies for you to explore.Click here to unveil our expertly curated list of 83 Fast Growing KRX Companies With High Insider Ownership.

• Got skin in the game with these stocks? Elevate how you manage them by using Simply Wall St's portfolio, where intuitive tools await to help optimize your investment outcomes.

• Simply Wall St is your key to unlocking global market trends, a free user-friendly app for forward-thinking investors.

Want To Explore Some Alternatives?

• 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 KOSDAQ:A089030 KOSDAQ:A166090 and KOSDAQ:A194480.

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