Shanghai Milkground Food Tech And 2 Other High Insider Ownership Growth Stocks On The Chinese Exchange
In the midst of global economic shifts, Chinese stocks have shown resilience despite domestic challenges, buoyed by strong export data. This presents an interesting opportunity for investors looking at growth companies with high insider ownership on the Chinese exchange. High insider ownership often indicates strong confidence in the company’s future from those who are most familiar with it.
Here are the top 10 growth companies with high insider ownership in China:
1. Ningbo Sunrise Elc Technology Ltd (SZSE:002937) – Insider Ownership: 24.3%, Earnings Growth: 27.7%
2. ShenZhen Woer Heat-Shrinkable Material Ltd (SZSE:002130) – Insider Ownership: 19%, Earnings Growth: 27.9%
3. Zhejiang Jolly Pharmaceutical LTD (SZSE:300181) – Insider Ownership: 24%, Earnings Growth: 22.3%
4. Anhui Huaheng Biotechnology (SHSE:688639) – Insider Ownership: 31.4%, Earnings Growth: 28.4%
5. KEBODA TECHNOLOGY (SHSE:603786) – Insider Ownership: 12.8%, Earnings Growth: 25.1%
6. Arctech Solar Holding (SHSE:688408) – Insider Ownership: 38.7%, Earnings Growth: 25.8%
7. Cubic Sensor and Instrument Ltd (SHSE:688665) – Insider Ownership: 10.1%, Earnings Growth: 34.3%
8. Suzhou Sunmun Technology (SZSE:300522) – Insider Ownership: 36.5%, Earnings Growth: 63.4%
9. Sineng Electric Ltd (SZSE:300827) – Insider Ownership: 36.5%, Earnings Growth: 39.8%
10. UTour Group (SZSE:002707) – Insider Ownership: 23%, Earnings Growth: 33.1%
Shanghai Milkground Food Tech Co., Ltd is one of our favorite companies with high insider ownership. The company specializes in producing and distributing cheese and liquid milk products in China, with an insider ownership of 16.6% and an impressive earnings growth forecast of 36.6% per annum. Despite a revenue dip in Q1 2024, the company showed a significant increase in net income. Analysts forecast a substantial price rise for the company, which trades at a discount to estimated fair value.
Overall, these companies present opportunities for investors looking to capitalize on the growth potential in the Chinese market. Remember to conduct thorough research and consider your own financial situation before making any investment decisions.