Shanghai Milkground Food Tech And 2 Other High Insider Ownership Growth Stocks On The Chinese Exchange

Amidst a backdrop of global economic shifts, Chinese stocks have shown resilience, buoyed by strong export data despite domestic challenges. This sets an intriguing stage for investors looking at growth companies with high insider ownership on the Chinese exchange. High insider ownership can often signal strong confidence in the company's future from those who know it best.

Top 10 Growth Companies With High Insider Ownership In China

Name

Insider Ownership

Earnings Growth

Ningbo Sunrise Elc TechnologyLtd (SZSE:002937)

24.3%

27.7%

ShenZhen Woer Heat-Shrinkable MaterialLtd (SZSE:002130)

19%

27.9%

Zhejiang Jolly PharmaceuticalLTD (SZSE:300181)

24%

22.3%

Anhui Huaheng Biotechnology (SHSE:688639)

31.4%

28.4%

KEBODA TECHNOLOGY (SHSE:603786)

12.8%

25.1%

Arctech Solar Holding (SHSE:688408)

38.7%

25.8%

Cubic Sensor and InstrumentLtd (SHSE:688665)

10.1%

34.3%

Suzhou Sunmun Technology (SZSE:300522)

36.5%

63.4%

Sineng ElectricLtd (SZSE:300827)

36.5%

39.8%

UTour Group (SZSE:002707)

23%

33.1%

Click here to see the full list of 367 stocks from our Fast Growing Chinese Companies With High Insider Ownership screener.

Below we spotlight a couple of our favorites from our exclusive screener.

Shanghai Milkground Food Tech

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Shanghai Milkground Food Tech Co., Ltd specializes in producing and distributing cheese and liquid milk products to both consumer and industrial markets in China, with a market capitalization of approximately CN¥6.75 billion.

Operations: The company's revenue is primarily derived from the sale of cheese and liquid milk products to consumer and industrial markets in China.

Insider Ownership: 16.6%

Earnings Growth Forecast: 36.6% p.a.

Shanghai Milkground Food Tech, despite a revenue dip in Q1 2024 to CNY 949.77 million from CNY 1,022.74 million year-over-year, showed a notable increase in net income to CNY 41.3 million from CNY 24.2 million. The company trades at a significant discount to estimated fair value and analysts forecast a substantial price rise. Expected earnings growth outpaces the Chinese market average, although revenue growth predictions slightly lag behind sector leaders.

SHSE:600882 Earnings and Revenue Growth as at Jul 2024
SHSE:600882 Earnings and Revenue Growth as at Jul 2024

Ningbo Sunrise Elc TechnologyLtd

Simply Wall St Growth Rating: ★★★★★★

Overview: Ningbo Sunrise Elc Technology Co., Ltd specializes in the manufacturing and sale of precision components, with a market capitalization of approximately CN¥6.91 billion.