The underwhelming performance at Kwan On Holdings Limited (HKG:1559) recently has probably not pleased shareholders. At the upcoming AGM on 28 September 2022, shareholders may have the opportunity to influence management to turn the performance around by voting on resolutions such as executive remuneration and other matters. The data we gathered below shows that CEO compensation looks acceptable for now.
See our latest analysis for Kwan On Holdings
How Does Total Compensation For Zhang Fangbing Compare With Other Companies In The Industry?
According to our data, Kwan On Holdings Limited has a market capitalization of HK$239m, and paid its CEO total annual compensation worth HK$870k over the year to March 2022. Notably, that's a decrease of 9.4% over the year before. Notably, the salary of HK$870k is the entirety of the CEO compensation.
In comparison with other companies in the industry with market capitalizations under HK$1.6b, the reported median total CEO compensation was HK$2.1m. In other words, Kwan On Holdings pays its CEO lower than the industry median.
Component | 2022 | 2021 | Proportion (2022) |
Salary | HK$870k | HK$960k | 100% |
Other | - | - | - |
Total Compensation | HK$870k | HK$960k | 100% |
Talking in terms of the industry, salary represented approximately 83% of total compensation out of all the companies we analyzed, while other remuneration made up 17% of the pie. At the company level, Kwan On Holdings pays Zhang Fangbing solely through a salary, preferring to go down a conventional route. If salary dominates total compensation, it suggests that CEO compensation is leaning less towards the variable component, which is usually linked with performance.
SEHK:1559 CEO Compensation September 21st 2022
Kwan On Holdings Limited's Growth
Over the last three years, Kwan On Holdings Limited has shrunk its earnings per share by 115% per year. Its revenue is down 4.3% over the previous year.
The decline in EPS is a bit concerning. And the fact that revenue is down year on year arguably paints an ugly picture. It's hard to argue the company is firing on all cylinders, so shareholders might be averse to high CEO remuneration. We don't have analyst forecasts, but you could get a better understanding of its growth by checking out this more detailed historical graph of earnings, revenue and cash flow.
Has Kwan On Holdings Limited Been A Good Investment?
Few Kwan On Holdings Limited shareholders would feel satisfied with the return of -67% over three years. This suggests it would be unwise for the company to pay the CEO too generously.
To Conclude...
Kwan On Holdings rewards its CEO solely through a salary, ignoring non-salary benefits completely. Not only have shareholders not seen a favorable return on their investment, but the business hasn't performed well either. Few shareholders would be willing to award the CEO with a pay raise. At the upcoming AGM, management will get a chance to explain how they plan to get the business back on track and address the concerns from investors.
CEO pay is simply one of the many factors that need to be considered while examining business performance. In our study, we found 3 warning signs for Kwan On Holdings you should be aware of, and 1 of them can't be ignored.
Switching gears from Kwan On Holdings, if you're hunting for a pristine balance sheet and premium returns, this free list of high return, low debt companies is a great place to look.
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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.
平淡無奇的表演冠安集團有限公司(HKG:1559)最近可能不會讓股東滿意。在即將於2022年9月28日舉行的年度股東大會上,股東可能有機會通過就高管薪酬和其他事項等決議進行投票,影響管理層扭轉業績。我們收集的以下數據顯示,CEO薪酬目前看起來是可以接受的。
查看我們對冠安控股的最新分析
與業內其他公司相比,張方冰的總薪酬如何?
根據我們的數據,冠安控股有限公司的市值為2.39億港元,在截至2022年3月的一年中向其首席執行官支付了總計87萬港元的年薪。值得注意的是,這比前一年下降了9.4%。值得注意的是,87萬港元的薪酬是CEO薪酬的全部。
與業內其他市值低於16億港元的公司相比,報道的CEO總薪酬中值為210萬港元。換言之,冠安控股向首席執行官支付的薪酬低於行業中值。
組件 | 2022 | 2021 | 比例(2022年) |
薪金 | 港幣87萬元 | 港幣96萬元 | 100% |
其他 | - | - | - |
全額補償 | 港幣87萬元 | 港幣96萬元 | 100% |
就行業而言,在我們分析的所有公司中,薪酬約佔總薪酬的83%,而其他薪酬佔17%。在公司層面,冠安控股只通過工資支付給張方兵,更願意走常規路線。如果薪酬佔總薪酬的主導地位,這表明CEO薪酬較少傾向於可變部分,而可變部分通常與業績掛鈎。
聯交所:1559行政總裁薪酬2022年9月21日
羣安集團有限公司的成長
在過去三年中,冠安控股有限公司的每股收益每年縮水115%。它的收入比去年下降了4.3%。
每股收益的下降有點令人擔憂。可以説,營收同比下降的事實描繪了一幅醜陋的圖景。很難辯稱該公司正在全力以赴,因此股東們可能會反對CEO的高薪。我們沒有分析師的預測,但你可以通過查看這張更詳細的收益、收入和現金流的歷史圖表來更好地瞭解它的增長。
冠安控股有限公司是一項好的投資嗎?
很少有冠安控股有限公司的股東會對三年內-67%的回報率感到滿意。這表明,該公司向首席執行官支付過高薪酬是不明智的。
總結一下..。
冠安控股對首席執行官的獎勵完全是通過工資來實現的,完全忽視了非工資福利。股東們不僅沒有看到良好的投資回報,而且業務表現也不佳。很少有股東願意給這位首席執行官加薪。在即將到來的年度股東大會上,管理層將有機會解釋他們計劃如何讓業務重回正軌,並解決投資者的擔憂。
CEO薪酬只是考察企業業績時需要考慮的眾多因素之一。在研究中,我們發現冠安控股的3個警告標誌你應該意識到,其中有1個是不容忽視的。
改變關安控股的做法,如果你正在尋找原始的資產負債表和溢價回報,這是免費高回報、低負債的公司名單是一個很好的地方。
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本文由Simply Wall St.撰寫,具有概括性。我們僅使用不偏不倚的方法提供基於歷史數據和分析師預測的評論,我們的文章並不打算作為財務建議。它不構成買賣任何股票的建議,也沒有考慮你的目標或你的財務狀況。我們的目標是為您帶來由基本面數據驅動的長期重點分析。請注意,我們的分析可能不會將最新的對價格敏感的公司公告或定性材料考慮在內。Simply Wall St.對上述任何一隻股票都沒有持倉。