Performance at SG Group Holdings Limited (HKG:1657) has been rather uninspiring recently and shareholders may be wondering how CEO Charles Choi plans to fix this. One way they can exercise their influence on management is through voting on resolutions, such as executive remuneration at the next AGM, coming up on 26 October 2022. It has been shown that setting appropriate executive remuneration incentivises the management to act in the interests of shareholders. We have prepared some analysis below to show that CEO compensation looks to be reasonable.
View our latest analysis for SG Group Holdings
How Does Total Compensation For Charles Choi Compare With Other Companies In The Industry?
At the time of writing, our data shows that SG Group Holdings Limited has a market capitalization of HK$177m, and reported total annual CEO compensation of HK$983k for the year to April 2022. That's a notable increase of 41% on last year. In particular, the salary of HK$936.0k, makes up a huge portion of the total compensation being paid to the CEO.
In comparison with other companies in the industry with market capitalizations under HK$1.6b, the reported median total CEO compensation was HK$2.0m. That is to say, Charles Choi is paid under the industry median. Moreover, Charles Choi also holds HK$132m worth of SG Group Holdings stock directly under their own name, which reveals to us that they have a significant personal stake in the company.
Component | 2022 | 2021 | Proportion (2022) |
Salary | HK$936k | HK$663k | 95% |
Other | HK$47k | HK$33k | 5% |
Total Compensation | HK$983k | HK$696k | 100% |
On an industry level, around 93% of total compensation represents salary and 7% is other remuneration. Investors will find it interesting that SG Group Holdings pays the bulk of its rewards through a traditional salary, instead of non-salary benefits. If salary dominates total compensation, it suggests that CEO compensation is leaning less towards the variable component, which is usually linked with performance.
SEHK:1657 CEO Compensation October 19th 2022
SG Group Holdings Limited's Growth
Over the last three years, SG Group Holdings Limited has shrunk its earnings per share by 70% per year. In the last year, its revenue is up 40%.
Investors would be a bit wary of companies that have lower EPS But in contrast the revenue growth is strong, suggesting future potential for EPS growth. It's hard to reach a conclusion about business performance right now. This may be one to watch. 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 SG Group Holdings Limited Been A Good Investment?
With a three year total loss of 7.8% for the shareholders, SG Group Holdings Limited would certainly have some dissatisfied shareholders. So shareholders would probably want the company to be less generous with CEO compensation.
In Summary...
Charles receives almost all of their compensation through a salary. The decline in share price is rather disappointing to shareholders. This may have to do with the lack of earnings growth at the company, which may explain the lacklustre returns. The upcoming AGM will provide shareholders the opportunity to raise their concerns and evaluate if the board's judgement and decision-making is aligned with their expectations.
It is always advisable to analyse CEO pay, along with performing a thorough analysis of the company's key performance areas. That's why we did our research, and identified 4 warning signs for SG Group Holdings (of which 1 is concerning!) that you should know about in order to have a holistic understanding of the stock.
Switching gears from SG Group 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.
性能在 SG集團控股有限公司 (HKG: 1657)最近表現平淡無奇,股東們可能想知道首席執行官查爾斯·崔計劃如何解決這個問題。他們對管理層施加影響的一種方法是在2022年10月26日舉行的下屆股東周年大會上對決議進行投票,例如高管薪酬。事實證明,設定適當的高管薪酬可以激勵管理層爲股東的利益行事。我們在下面準備了一些分析,以表明首席執行官的薪酬看起來是合理的。
查看我們對SG Group Holdings的最新分析
Charles Choi 的總薪酬與業內其他公司相比如何?
在撰寫本文時,我們的數據顯示,SG Group Holdings Limited的市值爲1.77億港元,截至2022年4月的一年中,首席執行官的年薪總額爲98.3萬港元。這比去年顯著增長了41%。特別是,936.0萬港元的薪水佔支付給首席執行官的總薪酬的很大一部分。
與業內市值低於16億港元的其他公司相比,報告的首席執行官總薪酬中位數爲200萬港元。也就是說,Charles Choi的薪水低於行業中位數。此外,Charles Choi還直接以自己的名義持有價值1.32億港元的SG Group Holdings股票,這向我們表明,他們在該公司擁有大量個人股份。
組件 | 2022 | 2021 | 比例 (2022) |
工資 | 93.6 萬港元 | 663k 港元 | 95% |
其他 | 4.7萬港元 | 33k 港元 | 5% |
總薪酬 | 98.3k 港元 | 69.6k 港元 | 100% |
在行業層面上,總薪酬中約有93%代表工資,7%爲其他薪酬。投資者會發現有趣的是,SG Group Holdings通過傳統的薪資而不是非工資福利來支付大部分回報。如果薪水在總薪酬中占主導地位,則表明首席執行官的薪酬不太傾向於可變部分,而可變部分通常與績效掛鉤。
聯交所:1657 首席執行官薪酬 2022 年 10 月 19 日
新加坡集團控股有限公司的增長
在過去三年中,SG Group Holdings Limited的每股收益每年縮減了70%。去年,其收入增長了40%。
投資者會對每股收益較低的公司持謹慎態度,但相比之下,收入增長強勁,這表明未來每股收益的增長潛力。現在很難就業務表現得出結論。這可能是值得關注的。雖然我們沒有分析師對公司的預測,但股東們可能需要查看這張收益、收入和現金流的詳細歷史圖表。
新加坡集團控股有限公司是一筆不錯的投資嗎?
由於股東三年總虧損7.8%,SG Group Holdings Limited肯定會有一些股東不滿意。因此,股東們可能會希望公司在首席執行官薪酬方面不那麼慷慨。
總而言之...
查爾斯幾乎所有的報酬都是通過工資獲得的。股價的下跌令股東感到相當失望。這可能與該公司的收益增長不足有關,這也許可以解釋回報乏善可陳的原因。即將舉行的股東周年大會將爲股東提供提出擔憂的機會,並評估董事會的判斷和決策是否符合他們的預期。
始終建議分析首席執行官的薪酬,同時對公司的關鍵績效領域進行全面分析。這就是爲甚麼我們進行研究,並確定 SG 集團控股有 4 個警告標誌 (其中 1 個與之有關!)爲了對股票有全面的瞭解,你應該知道這些信息。
換掉SG Group Holdings的方向,如果你正在尋找原始的資產負債表和溢價回報,這個 免費的 高回報、低負債公司名單是個不錯的去處。
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Simply Wall St 的這篇文章本質上是一般性的。 我們僅使用公正的方法提供基於歷史數據和分析師預測的評論,我們的文章無意提供財務建議。 它不構成買入或賣出任何股票的建議,也沒有考慮您的目標或財務狀況。我們的目標是爲您提供由基本面數據驅動的長期重點分析。請注意,我們的分析可能未將最新的價格敏感型公司公告或定性材料考慮在內。簡而言之,華爾街對上述任何股票都沒有頭寸。