Behind the changes in the number of shareholders of listed companies, there is often a password for the rise and fall of share prices.
Recently, many A-share companies disclosed the number of shareholders as of the end of January this year (mostly as of January 28) on the investor relations interactive platform. According to the reporter's incomplete statistics, on February 9 and 10 alone, more than 120 listed companies disclosed the information of "the number of shareholders at the end of January 2022".
According to the data, excluding the new shares listed this year, a total of 685 companies have disclosed the number of shareholders as of the end of January this year. Compared with the data at the end of December last year (if the number of shareholders at the end of December last year is not disclosed, the data on the previous disclosure date of the number of shareholders shall prevail), the number of shareholders of many companies has decreased significantly, and the number of shareholders of some companies has continued to decrease.
The market generally believes that behind the changes in the number of shareholders of listed companies, there is often a password for the rise and fall of share prices. The significant reduction in the number of shareholders means that chips tend to concentrate rapidly, and it also means that the company is more likely to obtain capital attention. Therefore, when the A-share market continues to fluctuate, the small and medium-sized investors are full of urgent desire for the investment clue of the number of shareholders.
the number of shareholders of multiple companies continued to decrease
The data show that according to the above statistical methods, there are about 80 companies with a reduction of more than 10% in the number of shareholders, of which Suwen Electric Energy Technology Co.Ltd(300982) , Jiangsu Tongli Risheng Machinery Co.Ltd(605286) , Dongguan Yiheda Automation Co.Ltd(301029) and other companies have a large decline, 41.22%, 38.49% and 34.56% respectively.
Suwen Electric Energy Technology Co.Ltd(300982) disclosed on the interactive platform on February 9 that as of January 21, 2022, the number of shareholders of the company was 8335, a significant decrease of 41.22% compared with 14181 shareholders in the latest period (October 8, 2021). From the perspective of lengthening, the number of shareholders of the company has shown an overall downward trend since the end of June last year.
The number of shareholders is also decreasing. Although the annual report of last year has not been disclosed, the latest disclosure date of the number of shareholders of the company is January 20, with 10786 shareholders, a decrease of nearly 40% compared with the end of the third quarter of last year. According to the data, the number of shareholders of the company at the end of March, June, September and January 20 this year were 44500, 23700, 17500 and 10800 respectively.
In terms of industries, the number of shareholders of Companies in electronics, power equipment, non-ferrous metals, building materials, mechanical equipment, basic chemical industry and other industries has shown an obvious downward trend in the near future. In the electronic field, for example, the number of shareholders of Eaglerise Electric & Electronic (China) Co.Ltd(002922) decreased continuously from December 20 last year to January 28 this year. The same is true for Konfoong Materials International Co.Ltd(300666) whose number of shareholders has decreased from 40900 on November 30 last year to 29700 on January 20.
"Under the downturn of market conditions, although I don't know the strength of low-level fund-raising of large funds, generally speaking, when some large households and institutions use funds to build positions in a low-key way and continuously collect chips for a certain stock, the number of shareholders of listed companies often decreases month on month. Combined with the current relatively volatile market environment, the possibility of falling and buying more can not be ruled out." Some private equity people expressed this.
blue chip stocks favored by funds
The reason why investors value the indicator of the number of shareholders is that large funds will build positions in a low-key manner and constantly absorb chips in the market after they fancy a certain stock. At this time, the number of shareholders of listed companies will decrease month on month, and vice versa, it will lead to the increase of the number of shareholders of the target company. According to statistics, many companies with increased chip concentration recently have strong performance.
Among about 80 companies with a decrease of more than 10% in the number of shareholders, nearly 50 companies disclosed the performance forecast of the annual report in 2021, of which the performance forecast is the main tone, and the net profit of 35 companies is expected to increase year-on-year. Among the 35 companies, 18 have a year-on-year increase in net profit of more than 100%, and their performance is driven by their main business.
From the performance of the secondary market, since this year, combined with the recent market trend, some of the above-mentioned companies have achieved good gains, but there are not a few falling companies. For example, Three'S Company Media Group Co.Ltd(605168) , Shenzhen Jinjia Group Co.Ltd(002191) , Dajin Heavy Industry Co.Ltd(002487) , Shenzhen Jiang&Associates Creative Design Co.Ltd(300668) , Yunnan Tin Co.Ltd(000960) and other companies have increased by more than 10% this year, but Shanghai Fullhan Microelectronics Co.Ltd(300613) , Qiming Information Technology Co.Ltd(002232) , Shenzhen Longli Technology Co.Ltd(300752) , Gettopacoustic Co.Ltd(002655) and other companies have decreased by about 20%.
the chips of some companies are gradually dispersed
Corresponding to the decrease in the number of shareholders mentioned above, the number of shareholders of other listed companies increased significantly month on month. Market participants believe that this situation may mean that the large investors who originally firmly held shares to rise began to withdraw and distribute their chips to many small and medium-sized investors.
Since the second half of last year, Jiangsu Lopal Tech.Co.Ltd(603906) share price hit a record high at the end of October last year, and then entered the downward channel, stimulated by the news of investment and construction of iron phosphate project and fixed increase investment in cathode materials of energy storage batteries. With the company's stock price soaring in the early stage, it is the rapid amplification of the number of shareholders of the company. According to the disclosed data, the number of shareholders of the company on January 20 increased more than twice as much as that at the end of the third quarter of last year.
In addition to Jiangsu Lopal Tech.Co.Ltd(603906) , Kunming Longjin Pharmaceutical Co.Ltd(002750) , Chongqing Wanli New Energy Co.Ltd(600847) and other companies with sharp stock price trend in December last year, their latest number of shareholders also showed a significant growth trend. For example, Kunming Longjin Pharmaceutical Co.Ltd(002750) the number of shareholders on January 10 surged 161.29% compared with December 20 last year, and the stock price has performed poorly since then.
"Obviously, when the company's share price rose sharply in a row, the investors with large shareholding scale reduced their holdings and cashed out every high, pouring a large amount of chips into small and medium-sized investors, resulting in a surge in the number of shareholders of such companies." These private analysts said.
The person reminded that there is no 100% accurate index in the market, and whether the number of shareholders increases or decreases cannot play a decisive role in the rise and fall of stock prices. When small and medium-sized investors analyze the shareholding concentration, they should not be blindly superstitious. They still need to consider multiple factors such as industry development and company fundamentals.
