From Simply Wall St.: 2024-06-24 18:04:28

Recent economic data in China, including a drop in home prices and a rise in retail sales, have impacted Chinese stock market performance. Companies with high insider ownership are gaining attention for their growth potential. Here are the top 10 growth companies in China with significant insider ownership:

1. KEBODA TECHNOLOGY (SHSE:603786) – Insider Ownership: 12.8%, Earnings Growth: 25.1%
2. Cubic Sensor and Instrument Ltd (SHSE:688665) – Insider Ownership: 10.1%, Earnings Growth: 34.3%
3. Anhui Huaheng Biotechnology (SHSE:688639) – Insider Ownership: 31.5%, Earnings Growth: 28.4%
4. Sineng Electric Ltd (SZSE:300827) – Insider Ownership: 36.5%, Earnings Growth: 39.8%
5. Ningbo Deye Technology Group (SHSE:605117) – Insider Ownership: 24.8%, Earnings Growth: 28.5%
6. Arctech Solar Holding (SHSE:688408) – Insider Ownership: 38.6%, Earnings Growth: 25.8%
7. Eoptolink Technology (SZSE:300502) – Insider Ownership: 26.7%, Earnings Growth: 39.1%
8. Fujian Wanchen Biotechnology Group (SZSE:300972) – Insider Ownership: 14.9%, Earnings Growth: 75.9%
9. UTour Group (SZSE:002707) – Insider Ownership: 24%, Earnings Growth: 33.1%
10. Xi’an Sinofuse Electric (SZSE:301031) – Insider Ownership: 36.8%, Earnings Growth: 43.1%

Darbond Technology Co., Ltd, a growth company in China with 29.5% insider ownership, reported a decline in Q1 2024 net income despite increased revenues. The company actively repurchased shares worth CNY 41.64 million, indicating management confidence. Analysts project robust earnings growth of approximately 41% annually over the next three years.

Chongqing Mas Sci.&Tech.Co., Ltd., specializing in safety technology equipment, has shown solid growth with a 24.6% increase in earnings over the past year. Revenue is expected to rise by 27.7% annually, surpassing the market forecast. Concerns include a relatively low projected Return on Equity at 12.1%.

GuoChuang Software Co., Ltd., a global software company in China, experienced a significant increase in Q1 earnings despite a revenue drop. The company is projected to become profitable within three years, with strong earnings growth forecasted. However, a low Return on Equity of 5.3% and recent shareholder dilution are areas of concern.



Read more at Simply Wall St.: 3 High Insider Ownership Growth Companies On Chinese Exchange With Revenues Increasing By At Least 14%