Shareholding concentration of the top three free float shareholders
factor.formula
Number of shares held by the top three free float shareholders
Free float share capital
This factor is calculated by calculating the ratio of the number of shares held by the top three free-float shareholders to the free-float share capital.
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Indicates the total number of shares held by the top three free float shareholders. This data is derived from the free float shareholders' shareholdings disclosed in the company's periodic reports.
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The total number of shares of a company's free float. Free float usually refers to shares that can be freely traded on the market, excluding shares held by company insiders.
factor.explanation
This indicator calculates the proportion of the top three free-floating shareholders' shareholdings to the total free-floating shares, reflecting the concentration of the company's equity in tradable shares. This indicator can be used to evaluate: nn1. Equity structure stability: A higher shareholding concentration usually means a more stable equity structure, but there may be a risk of control by a major shareholder. nn2. Control risk: If a minority shareholder holds a majority of free-floating shares, it may lead to a greater influence on the company's decision-making, triggering control risk. nn3. Market liquidity: Excessive concentration of equity may lead to a decrease in market liquidity and an increase in stock price volatility. nn4. Corporate governance structure: This indicator can be used as one of the reference indicators to measure whether the company's governance structure is reasonable. nnThis indicator can be used in conjunction with other financial indicators and market data to more comprehensively analyze the company's investment value and risk.