Breaking Down Canny Elevator Co., Ltd. Financial Health: Key Insights for Investors

Who's buying Canny Elevator Co., Ltd. (002367.SZ) and why it matters: a remarkable 47.1% stake (375,871,306 shares) sits with Meijuan Zhu as part of insiders that cumulatively own 47.8%, while institutions hold a modest 7.95%-led by Invesco Great Wall (1.04%, 8,318,550 shares), Fullgoal (0.88%, 7,027,350), Ping An (0.77%, 6,169,302) and China Merchants (0.58%, 4,620,000)-and the top 25 shareholders control 59.44%; the general public accounts for 40.5% of the float, employee schemes 3.77% (30,084,286 shares) and the National Council for Social Security holds 0.6% (4,783,402 shares), all against a backdrop of CN¥5.98 billion market capitalization, a trailing P/E of 15.09, beta of 0.55, dividend yield of 4.03%, CN¥357 million net income on CN¥4.08 billion revenue (an 8.7% net margin) and an Altman Z‑Score of 2.12-details that frame investor confidence, concentration risk and the appeal to value- and income-oriented buyers.

Canny Elevator Co., Ltd. (002367.SZ) - Who Invests in Canny Elevator Co., Ltd. (002367.SZ) and Why?

• Insiders: 47.8% - Meijuan Zhu holds 47.1% (375,871,306 shares), signaling strong management alignment and high insider confidence in long-term prospects.
• Public retail investors: 40.5% - Large retail stake implies broad market trust, liquidity in free float, and sensitivity to operational results and dividends.
• Institutional investors: 7.95% - Institutions such as Invesco Great Wall Fund Management Co. Ltd. (1.04%, 8,318,550 shares) show cautious, selective allocation often based on valuation and sector outlook.
• Employee share schemes: 3.77% (30,084,286 shares) - Employee ownership aligns incentives and can support stability in operations and governance.
• National Council for Social Security Fund: 0.6% (4,783,402 shares) - Government pension investment adds a degree of policy-backed credibility.

• Market capitalization: CN¥5.98 billion - positions the company in small-cap territory, attractive to value and event-driven investors.
• Trailing P/E: 15.09 - a moderate multiple that may attract value-oriented and income-seeking investors comparing sector peers.

Canny Elevator Co., Ltd. (002367.SZ) Institutional Ownership and Major Shareholders of Canny Elevator Co., Ltd. (002367.SZ)

As of March 31, 2024, Canny Elevator Co., Ltd. (002367.SZ) exhibits a concentrated ownership structure with the top 25 shareholders controlling a majority stake. Several domestic institutional investors hold modest but notable positions, reflecting cautious exposure from fund managers and a measured governmental stake via the social security fund.

• Top 25 shareholders combined ownership: 59.44% (concentrated control, potential implications for liquidity and corporate governance).
• Data reference date: March 31, 2024.

• Institutional stakes are small individually (sub-1% to ~1%), suggesting institutions are buyers but not major controlling investors beyond the top-holder aggregate.
• Presence of a social security fund (0.60%) provides a degree of state-linked stability in the shareholder base.
• Investor mix indicates a blend of active asset managers and passive/sovereign institutional capital.

For additional corporate background, ownership context and how the company operates, see: Canny Elevator Co., Ltd.: History, Ownership, Mission, How It Works & Makes Money

Canny Elevator Co., Ltd. (002367.SZ) Key Investors and Their Impact on Canny Elevator Co., Ltd. (002367.SZ)

• Meijuan Zhu - 47.10%: de facto controller with decisive voting power on major resolutions, board appointments and M&A/strategic direction.
• Invesco Great Wall Fund Management Co., Ltd. - 1.04%: active institutional holder likely to engage on corporate governance, disclosure and long-term value creation.
• Fullgoal Fund Management Co., Ltd. - 0.88%: passive/active fund investor contributing to stewardship pressure and professional oversight.
• Ping An Asset Management Co., Ltd. - 0.77%: strategic institutional investor with capacity to influence risk management, financial policy and ESG disclosure.
• National Council for Social Security Fund - 0.60%: sovereign-linked investor representing public pension interests; increases credibility and long-term stability signaling.
• China Merchants Fund Management Co., Ltd. - 0.58%: diversified asset manager adding another governance-oriented institutional voice.

• Ownership concentration: With Meijuan Zhu holding ~47.1%, minority investors (collectively under ~6% from named funds) have limited direct voting power but can exert influence via public scrutiny, coalition-building or engagement with regulators.
• Governance implications: High founder/insider ownership typically enables long-term planning but raises related-party transaction and minority-protection concerns; institutional holders help mitigate agency risk through monitoring and proposals.
• Market and financing impact: Institutional stakes from nationally recognized managers and the social security fund can lower perceived governance risk, potentially improving access to capital and lowering refinancing costs.
• Strategic drivers: The mix of a controlling individual and active institutional shareholders suggests strategic outcomes will balance founder-driven initiatives with calls for improved disclosure, capital efficiency and dividend consistency.

Canny Elevator Co., Ltd. (002367.SZ) - Market Impact and Investor Sentiment

• Valuation and value appeal: market capitalization CN¥5.98 billion with a trailing P/E of 15.09 - attractive to value-oriented investors seeking stocks trading at moderate multiples relative to earnings.
• Volatility and risk profile: beta of 0.55 - materially lower volatility than the broader market, making the stock more appealing to risk-averse or defensive investors.
• Income characteristics: dividend yield of 4.03% - draws income-focused investors and total-return seekers prioritizing cash payouts.
• Profitability signal: net income CN¥357 million on revenue CN¥4.08 billion (net margin 8.7%) - demonstrates operational profitability that supports dividends and reinforces investor confidence.
• Financial distress indicator: Altman Z-Score 2.12 - indicates moderate bankruptcy risk, which can temper enthusiasm among more credit-sensitive investors and institutional allocators.

• Who's buying: retail investors seeking income and lower volatility, domestic value investors evaluating P/E and dividend yield, and some conservative institutional players allocating to defensive industrial names.
• Why they buy: steady earnings and dividend support, lower beta reduces portfolio volatility, and a sub-16 P/E aligns with value mandates; however, the Altman Z-Score and moderate net margin keep risk assessments cautious.
• Market impact: steady demand from dividend-oriented and defensive mandates can compress downside in weak markets; limited market cap (CN¥5.98B) means flows from larger funds can have outsized short-term price impact.