Qingdao AInnovation Technology Group Co., Ltd.'s (HKG:2121) market cap surged HK$568m last week, private equity firms who have a lot riding on the company were rewarded

Simply Wall St.2023-11-07

Key Insights Qingdao AInnovation Technology Group's significant private equity firms ownership suggests that the key decisions are influenced by shareholders from the larger public 52% of the ...

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(HKG:2121), then you'll have to look at the makeup of its share registry.  The group holding the most number of shares in the company, around 42% to be precise, is private equity firms.  Put another way, the group faces the maximum upside potential (or downside risk).  As a result, private equity firms collectively scored the highest last week as the company hit HK$4.9b market cap following a 13% gain in the stock.     In the chart below, we zoom in on the different ownership groups of Qingdao AInnovation Technology Group.  See our latest analysis for Qingdao AInnovation Technology Group SEHK:2121 Ownership Breakdown November 7th 2023 What Does The Institutional Ownership Tell Us About Qingdao AInnovation Technology Group? Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing.   Less than 5% of Qingdao AInnovation Technology Group is held by institutional investors. This suggests that some funds have the company in their sights, but many have not yet bought shares in it.  If the business gets stronger from here, we could see a situation where more institutions are keen to buy.  When multiple institutional investors want to buy shares, we often see a rising share price. The past revenue trajectory (shown below) can be an indication of future growth, but there are no guarantees. SEHK:2121 Earnings and Revenue Growth November 7th 2023  Qingdao AInnovation Technology Group is not owned by hedge funds.      The company's largest shareholder is Sinovation Ventures (Beijing) Enterprise Management Limited, with ownership of 26%.       Hui Xu is the second largest shareholder owning 9.5% of common stock, and CICC ALPHA (Beijing) Private Investment Fund Management Co., Ltd. holds about 8.9% of the company stock.     Hui Xu, who is the second-largest shareholder, also happens to hold the title of Chief Executive Officer.        Our research also brought to light the fact that roughly 52% of the company is controlled by the top 4 shareholders suggesting that these owners wield significant influence on the business.     While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance.   There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too.  Insider Ownership Of Qingdao AInnovation Technology Group While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders.  Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.  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 insiders maintain a significant holding in Qingdao AInnovation Technology Group Co., Ltd..   It has a market capitalization of just HK$4.9b, and insiders have HK$898m worth of shares in their own names.  We would say this shows alignment with shareholders, but it is worth noting that the company is still quite small; some insiders may have founded the business. You can  click here to see if those insiders have been buying or selling.   General Public Ownership The general public, who are usually individual investors, hold a 28% stake in Qingdao AInnovation Technology Group.   While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies.  Private Equity Ownership Private equity firms hold a 42% stake in Qingdao AInnovation Technology Group. This suggests they can be influential in key policy decisions.  Some investors might be encouraged by this, since private equity are sometimes able to encourage strategies that help the market see the value in the company. Alternatively, those holders might be exiting the investment after taking it public.   Private Company Ownership We can see that Private Companies own 7.6%, of the shares on issue.  It's hard to draw any conclusions from this fact alone, so its worth looking into who owns those private companies. Sometimes insiders or other related parties have an interest in shares in a public company through a separate private company.   Next Steps: 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.    Consider risks, for instance. Every company has them, and we've spotted   1 warning sign for Qingdao AInnovation Technology Group   you should know about.      If you would prefer discover what analysts are predicting in terms of future growth, do not miss this free report on analyst forecasts.  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.Valuation is complex, but we're helping make it simple.Find out whether Qingdao AInnovation Technology Group is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.View the Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.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. 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