3 Growth Companies With High Insider Ownership And 23% Revenue Growth
editorial-team@simplywallst.com (Simply Wall St)
4 min read
As global markets continue to reach record highs, driven by a mix of domestic policy shifts and geopolitical developments, investors are keenly observing the performance of indices like the S&P 500 and Russell 2000. In this environment, growth companies with high insider ownership can be particularly appealing due to their potential for alignment between management and shareholder interests, especially when they demonstrate strong revenue growth.
Top 10 Growth Companies With High Insider Ownership
Overview: Suzhou Recodeal Interconnect System Co., Ltd develops, produces, and sells connection systems and microwave components globally, with a market cap of CN¥6.86 billion.
Operations: The company's revenue primarily comes from its Electric Equipment segment, which generated CN¥2.10 billion.
Insider Ownership: 38.5%
Revenue Growth Forecast: 20.4% p.a.
Suzhou Recodeal Interconnect System Ltd. demonstrates strong growth potential with its revenue and earnings forecasted to grow significantly faster than the Chinese market, at 20.4% and 32.5% per year respectively. Despite a volatile share price recently, its sales increased to CNY 1.59 billion for the first nine months of 2024, with net income rising modestly to CNY 105.96 million. However, profit margins have declined from last year’s figures.
Overview: Shenzhen Zhaowei Machinery & Electronics Co., Ltd. operates in the machinery and electronics sector, with a market cap of CN¥20.15 billion.
Operations: Shenzhen Zhaowei Machinery & Electronics Co., Ltd. generates its revenue from various segments within the machinery and electronics sector, contributing to its market cap of CN¥20.15 billion.
Insider Ownership: 18.2%
Revenue Growth Forecast: 22.9% p.a.
Shenzhen Zhaowei Machinery & Electronics shows promising growth potential, with revenue forecasted to increase by 22.9% annually, outpacing the Chinese market's 13.8%. Despite recent share price volatility, the company reported substantial sales growth to CNY 1.06 billion for the first nine months of 2024 and net income of CNY 159.16 million, up from last year. Earnings are expected to grow significantly over three years but slightly lag behind China's market growth rate.
Overview: Konfoong Materials International Co., Ltd. (SZSE:300666) is engaged in the development and production of advanced materials for the semiconductor industry, with a market cap of CN¥19.61 billion.
Operations: The company's revenue from the Computer, Communications, and other Electronic Equipment Manufacturing segment amounts to CN¥3.38 billion.
Insider Ownership: 24.1%
Revenue Growth Forecast: 23.1% p.a.
Konfoong Materials International demonstrates strong growth potential, with revenue for the first nine months of 2024 reaching CNY 2.63 billion, up from CNY 1.85 billion last year. Despite high share price volatility, earnings grew by 48.3% over the past year and are forecasted to grow at an annual rate of 23.1%. The company has completed a share buyback plan and is adjusting its internal investment structure to support future growth initiatives.
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:688800 SZSE:003021 and SZSE:300666.
