Nasdaq
華爾街日報Daewon Kang Up Co., Ltd.'s (KRX:000430) biggest owners are public companies who got richer after stock soared 10% last week
Key Insights
- Significant control over Daewon Kang Up by public companies implies that the general public has more power to influence management and governance-related decisions
- The top 4 shareholders own 55% of the company
- 21% of Daewon Kang Up is held by insiders
If you want to know who really controls Daewon Kang Up Co., Ltd. (KRX:000430), then you'll have to look at the makeup of its share registry. And the group that holds the biggest piece of the pie are public companies with 43% ownership. Put another way, the group faces the maximum upside potential (or downside risk).
Clearly, public companies benefitted the most after the company's market cap rose by ₩24b last week.
Let's delve deeper into each type of owner of Daewon Kang Up, beginning with the chart below.
View our latest analysis for Daewon Kang Up
What Does The Institutional Ownership Tell Us About Daewon Kang Up?
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 Daewon Kang Up 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. So if the company itself can improve over time, we may well see more institutional buyers in the future. We sometimes see a rising share price when a few big institutions want to buy a certain stock at the same time. The history of earnings and revenue, which you can see below, could be helpful in considering if more institutional investors will want the stock. Of course, there are plenty of other factors to consider, too.
Hedge funds don't have many shares in Daewon Kang Up. Hyundai G.F. Holdings Co., Ltd. is currently the company's largest shareholder with 35% of shares outstanding. Hyundai Home Shopping Network Corporation is the second largest shareholder owning 7.7% of common stock, and Chai-Chul Hur holds about 6.7% of the company stock. Chai-Chul Hur, who is the third-largest shareholder, also happens to hold the title of Chairman of the Board.
To make our study more interesting, we found that the top 4 shareholders control more than half of the company which implies that this group has considerable sway over the company's decision-making.
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. We're not picking up on any analyst coverage of the stock at the moment, so the company is unlikely to be widely held.
Insider Ownership Of Daewon Kang Up
The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.
I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions.
Our most recent data indicates that insiders own a reasonable proportion of Daewon Kang Up Co., Ltd.. Insiders own ₩53b worth of shares in the ₩257b company. It is great to see insiders so invested in the business. It might be worth checking if those insiders have been buying recently.
General Public Ownership
With a 30% ownership, the general public, mostly comprising of individual investors, have some degree of sway over Daewon Kang Up. 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 Company Ownership
It seems that Private Companies own 5.0%, of the Daewon Kang Up stock. It might be worth looking deeper into this. If related parties, such as insiders, have an interest in one of these private companies, that should be disclosed in the annual report. Private companies may also have a strategic interest in the company.
Public Company Ownership
We can see that public companies hold 43% of the Daewon Kang Up shares on issue. We can't be certain but it is quite possible this is a strategic stake. The businesses may be similar, or work together.
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. Case in point: We've spotted 3 warning signs for Daewon Kang Up you should be aware of.
Of course this may not be the best stock to buy. So take a peek at this free free list of interesting companies.
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.
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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.