Streamax Technology: Ownership Structure and Insider Stakeholders
Recent market fluctuations have impacted the holdings of Streamax Technology Co., Ltd. (SZSE:002970). Following a 10% decline in share price, CEO Zhijian Zhao’s holdings experienced a reduction in value.
Key Insights
- Significant insider ownership suggests alignment with company expansion.
- The top three shareholders control a majority (59%) of the company.
- Analyzing ownership data alongside company performance provides insight into future prospects.
Understanding a company’s ownership structure is critical to assessing who truly controls it. In the case of Streamax Technology, the largest shareholder group is individual insiders, holding approximately 46% of the shares. This means that company insiders stand to gain or lose the most from the firm’s performance, and as a result of the recent downturn, insiders felt the greatest losses during the stock’s decline. Let’s examine the ownership breakdown in detail.
Institutional Ownership
Institutional investors own less than 5% of Streamax Technology shares. This can indicate that the company is only beginning to garner attention from larger funds. If the company demonstrates earnings growth, it may further increase their interest.
Major Shareholders
CEO Zhijian Zhao is the largest shareholder with a 25% stake. The second and third largest shareholders hold 18% and 16% respectively. Interestingly, the second-largest shareholder, Xidian Wang, also serves as a Senior Key Executive, demonstrating strong insider ownership among the key stakeholders.
The top three shareholders collectively hold a majority ownership stake, which gives them considerable influence over company decisions.
Analyst Coverage and Recommendations
Currently, the stock has limited analyst coverage, creating room for increased attention. It’s also a good practice to study analyst recommendations to better understand a stock’s expected performance
Insider Ownership
Company management operates the business, and while the CEO is accountable to the board, insider ownership is often seen as a positive sign since it shows the board is aligned with shareholder interests. Our information suggests insiders maintain a significant stake in Streamax Technology Co., Ltd. Insiders hold a CN¥4.0b stake in the CN¥8.6b business.
General Public and Private Company Ownership
The general public, including retail investors, owns a 33% stake, a portion that can still collectively influence company policies. Private companies hold 16% of the company’s shares. It may be beneficial to further investigate these private companies, especially if there is an interest in the private companies from related parties, like insiders, who are often required to be listed in the annual report.
Next Steps
While ownership structure provides valuable insights, it’s essential to consider other factors. One warning sign for Streamax Technology should be considered, and ultimately, the company’s future performance is what matters most. A free report showing analyst predictions can be helpful for investors.
Note: Figures are calculated using data from the last twelve months.
