Ningxia Orient Tantalum Industry Co., Ltd.'s (SZSE:000962) largest shareholders are individual investors who were rewarded as market cap surged CN¥752m last week - Simply Wall St News
A look at the shareholders of Ningxia Orient Tantalum Industry Co., Ltd. (SZSE:000962) can tell us which group is most powerful. We can see that individual investors own the lion's share in the company with 44% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.
Clearly, individual investors benefitted the most after the company's market cap rose by CN¥752m last week.
Let's delve deeper into each type of owner of Ningxia Orient Tantalum Industry, beginning with the chart below.
View our latest analysis for Ningxia Orient Tantalum Industry
Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.
As you can see, institutional investors have a fair amount of stake in Ningxia Orient Tantalum Industry. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Ningxia Orient Tantalum Industry's earnings history below. Of course, the future is what really matters.
Hedge funds don't have many shares in Ningxia Orient Tantalum Industry. The company's largest shareholder is China Nonferrous Metal Mining (Group) Co., Ltd., with ownership of 41%. Chengtong Fund Management Co., Ltd. is the second largest shareholder owning 3.5% of common stock, and GF Fund Management Co., Ltd. holds about 2.3% of the company stock.
Our research also brought to light the fact that roughly 50% of the company is controlled by the top 5 shareholders suggesting that these owners wield significant influence on the business.
While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. There is a little analyst coverage of the stock, but not much. So there is room for it to gain more coverage.
The definition of an insider can differ slightly between different countries, but members of the board of directors always count. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO.
Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group.
Our information suggests that Ningxia Orient Tantalum Industry Co., Ltd. insiders own under 1% of the company. We do note, however, it is possible insiders have an indirect interest through a private company or other corporate structure. It appears that the board holds about CN¥34m worth of stock. This compares to a market capitalization of CN¥6.4b. Many tend to prefer to see a board with bigger shareholdings. A good next step might be to take a look at this free summary of insider buying and selling.
The general public-- including retail investors -- own 44% stake in the company, and hence can't easily be ignored. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders.
We can see that Private Companies own 43%, of the shares on issue. It might be worth looking deeper into this. If related parties, such as insiders, have an interest in one of these private companies, that should be disclosed in the annual report. Private companies may also have a strategic interest in the company.
I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. Be aware that Ningxia Orient Tantalum Industry is showing 1 warning sign in our investment analysis , you should know about...
But ultimately it is the future, not the past, that will determine how well the owners of this business will do. Therefore we think it advisable to take a look at this free report showing whether analysts are predicting a brighter future.
NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.
Discover if Ningxia Orient Tantalum Industry might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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Ningxia Orient Tantalum Industry Co., Ltd.
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1 warning sign in our investment analysis it is the futurefair value estimates, potential risks, dividends, insider trades, and its financial condition.Have feedback on this article? Concerned about the content?Get in touch with us directly.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.