Shareholders will probably not be too impressed with the underwhelming results at Luxey International (Holdings) Limited (HKG:8041) recently. At the upcoming AGM on 12 December 2022, shareholders can hear from the board including their plans for turning around performance. This will be also be a chance where they can challenge the board on company direction and vote on resolutions such as executive remuneration. We present the case why we think CEO compensation is out of sync with company performance.
View our latest analysis for Luxey International (Holdings)
Comparing Luxey International (Holdings) Limited's CEO Compensation With The Industry
At the time of writing, our data shows that Luxey International (Holdings) Limited has a market capitalization of HK$242m, and reported total annual CEO compensation of HK$1.4m for the year to June 2022. Notably, that's an increase of 15% over the year before. We note that the salary portion, which stands at HK$1.19m constitutes the majority of total compensation received by the CEO.
On comparing similar-sized companies in the industry with market capitalizations below HK$1.6b, we found that the median total CEO compensation was HK$2.0m. So it looks like Luxey International (Holdings) compensates Hiu Kwan Chan in line with the median for the industry.
| Component | 2022 | 2021 | Proportion (2022) |
| Salary | HK$1.2m | HK$1.0m | 84% |
| Other | HK$224k | HK$208k | 16% |
| Total Compensation | HK$1.4m | HK$1.2m | 100% |
Talking in terms of the industry, salary represented approximately 93% of total compensation out of all the companies we analyzed, while other remuneration made up 7% of the pie. Although there is a difference in how total compensation is set, Luxey International (Holdings) more or less reflects the market in terms of setting the salary. If salary is the major component in total compensation, it suggests that the CEO receives a higher fixed proportion of the total compensation, regardless of performance.
SEHK:8041 CEO Compensation December 5th 2022
A Look at Luxey International (Holdings) Limited's Growth Numbers
Over the last three years, Luxey International (Holdings) Limited has shrunk its earnings per share by 25% per year. In the last year, its revenue is down 8.8%.
The decline in EPS is a bit concerning. And the fact that revenue is down year on year arguably paints an ugly picture. These factors suggest that the business performance wouldn't really justify a high pay packet for the CEO. While we don't have analyst forecasts for the company, shareholders might want to examine this detailed historical graph of earnings, revenue and cash flow.
Has Luxey International (Holdings) Limited Been A Good Investment?
The return of -44% over three years would not have pleased Luxey International (Holdings) Limited shareholders. Therefore, it might be upsetting for shareholders if the CEO were paid generously.
To Conclude...
Given that shareholders haven't seen any positive returns on their investment, not to mention the lack of earnings growth, this may suggest that few of them would be willing to award the CEO with a pay rise. At the upcoming AGM, the board will get the chance to explain the steps it plans to take to improve business performance.
We can learn a lot about a company by studying its CEO compensation trends, along with looking at other aspects of the business. We did our research and identified 2 warning signs (and 1 which is concerning) in Luxey International (Holdings) we think you should know about.
Of course, you might find a fantastic investment by looking at a different set of stocks. So take a peek at this free list of interesting companies.
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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.
股东们可能不会对平淡无奇的业绩印象太深豪华国际(集团)有限公司(HKG：8041)最近。在即将于2022年12月12日举行的年度股东大会上，股东们可以听取董事会的意见，包括他们扭转业绩的计划。这也将是一个机会，他们可以在公司方向上挑战董事会，并就高管薪酬等决议进行投票。我们提出了为什么我们认为CEO薪酬与公司业绩不同步的原因。
查看我们对豪华国际(控股)的最新分析
奢侈品国际(集团)有限公司CEO薪酬与行业的比较
在撰写本文时，我们的数据显示，Luxey International(Holdings)Limited的市值为2.42亿港元，截至2022年6月的年度首席执行官薪酬总额为140万港元。值得注意的是，这比前一年增长了15%。我们注意到，薪酬部分为港币119万元，占行政总裁薪酬总额的大部分。
在比较行业中市值低于16亿港元的类似规模的公司时，我们发现CEO的总薪酬中值为200万港元。因此，奢侈品国际(控股)对陈晓坤的补偿与该行业的中位数一致。
| 组件 | 2022 | 2021 | 比例(2022年) |
| 薪金 | 港币120万元 | 港币100万元 | 84% |
| 其他 | 港币22.4万元 | 港币20.8万元 | 16% |
| 全额补偿 | 港币140万元 | 港币120万元 | 100% |
就行业而言，在我们分析的所有公司中，薪酬约占总薪酬的93%，而其他薪酬占7%。尽管薪酬总额的设定有所不同，但豪华国际(控股)在设定薪酬方面或多或少地反映了市场。如果薪酬是总薪酬的主要组成部分，这表明无论业绩如何，首席执行官都应该获得更高的固定比例的总薪酬。
联交所：8041行政总裁薪酬2022年12月5日
奢侈品国际(集团)有限公司增长数据一览
在过去的三年里，奢侈品国际(控股)有限公司的每股收益每年缩水25%。去年，它的收入下降了8.8%。
每股收益的下降有点令人担忧。可以说，营收同比下降的事实描绘了一幅丑陋的图景。这些因素表明，业务表现并不能真正证明CEO的高薪是合理的。虽然我们没有分析师对该公司的预测，但股东们可能想看看这张关于收益、收入和现金流的详细历史曲线图。
豪华国际(控股)有限公司是一项好的投资吗？
三年内-44%的回报率不会让Luxey International(Holdings)Limited的股东满意。因此，如果CEO的薪酬丰厚，可能会让股东感到不安。
总结一下..。
鉴于股东的投资没有看到任何正回报，更不用说收益增长乏力了，这可能表明，他们中很少有人愿意给首席执行官加薪。在即将举行的年度股东大会上，董事会将有机会解释它计划采取哪些步骤来改善业务业绩。
我们可以通过研究一家公司的CEO薪酬趋势，以及关注该公司的其他方面，来了解该公司的许多情况。我们做了研究，确定了2个警告标志(和1个有关)在豪华国际(控股)，我们认为你应该知道。
当然了,通过观察不同的股票组合，你可能会发现这是一项非常棒的投资。所以让我们来看看这个免费有趣的公司名单。
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本文由Simply Wall St.撰写，具有概括性。我们仅使用不偏不倚的方法提供基于历史数据和分析师预测的评论，我们的文章并不打算作为财务建议。它不构成买卖任何股票的建议，也没有考虑你的目标或你的财务状况。我们的目标是为您带来由基本面数据驱动的长期重点分析。请注意，我们的分析可能不会将最新的对价格敏感的公司公告或定性材料考虑在内。Simply Wall St.对上述任何一只股票都没有持仓。
