Should Shareholders Reconsider Gemilang International Limited's (HKG:6163) CEO Compensation Package?
Should Shareholders Reconsider Gemilang International Limited's (HKG:6163) CEO Compensation Package?
Key Insights
关键见解
- Gemilang International's Annual General Meeting to take place on 22nd of March
- CEO Chong Yong Pang's total compensation includes salary of US$257.0k
- Total compensation is 52% above industry average
- Gemilang International's three-year loss to shareholders was 73% while its EPS was down 103% over the past three years
- Gemilang International的年度股东大会将于3月22日举行
- 首席执行官庞勇的总薪酬包括257.0万美元的薪水
- 总薪酬比行业平均水平高出52%
- Gemilang International的三年股东亏损为73%,而其每股收益在过去三年中下降了103%
Shareholders will probably not be too impressed with the underwhelming results at Gemilang International Limited (HKG:6163) recently. Shareholders can take the chance to hold the board and management accountable for the unsatisfactory performance at the next AGM on 22nd of March. They will also get a chance to influence managerial decision-making through voting on resolutions such as executive remuneration, which may impact firm value in the future. From our analysis, we think CEO compensation may need a review in light of the recent performance.
Gemilang International Limited(HKG: 6163)最近表现不佳的业绩可能不会给股东留下太深刻的印象。在3月22日的下一次股东周年大会上,股东们可以借此机会追究董事会和管理层对表现不佳的责任。他们还将有机会通过对诸如高管薪酬之类的决议进行投票来影响管理决策,这可能会影响企业未来的价值。根据我们的分析,我们认为鉴于最近的表现,可能需要对首席执行官的薪酬进行审查。
How Does Total Compensation For Chong Yong Pang Compare With Other Companies In The Industry?
Chong Yong Pang的总薪酬与业内其他公司相比如何?
At the time of writing, our data shows that Gemilang International Limited has a market capitalization of HK$55m, and reported total annual CEO compensation of US$472k for the year to October 2023. That's a notable decrease of 31% on last year. We note that the salary of US$257.0k makes up a sizeable portion of the total compensation received by the CEO.
在撰写本文时,我们的数据显示,Gemilang International Limited的市值为5500万港元,并报告称,截至2023年10月的年度首席执行官年薪总额为47.2万美元。这比去年显著下降了31%。我们注意到,257.0万美元的工资占首席执行官获得的总薪酬的很大一部分。
For comparison, other companies in the Hong Kong Machinery industry with market capitalizations below HK$1.6b, reported a median total CEO compensation of US$310k. Accordingly, our analysis reveals that Gemilang International Limited pays Chong Yong Pang north of the industry median. What's more, Chong Yong Pang holds HK$19m worth of shares in the company in their own name, indicating that they have a lot of skin in the game.
相比之下,香港机械行业其他市值低于16亿港元的公司报告称,首席执行官的总薪酬中位数为31万美元。因此,我们的分析显示,Gemilang International Limited向Chong Yong Pang支付的报酬低于行业中位数。更重要的是,Chong Yong Pang以自己的名义持有该公司价值1900万港元的股份,这表明他们在游戏中拥有大量股份。
Component | 2023 | 2022 | Proportion (2023) |
Salary | US$257k | US$265k | 54% |
Other | US$215k | US$418k | 46% |
Total Compensation | US$472k | US$683k | 100% |
组件 | 2023 | 2022 | 比例 (2023) |
工资 | 257 万美元 | 265 万美元 | 54% |
其他 | 21.5 万美元 | 418k 美元 | 46% |
总薪酬 | 472k 美元 | 683 万美元 | 100% |
On an industry level, roughly 70% of total compensation represents salary and 30% is other remuneration. Gemilang International sets aside a smaller share of compensation for salary, in comparison to the overall industry. If total compensation veers towards salary, it suggests that the variable portion - which is generally tied to performance, is lower.
在行业层面上,总薪酬的大约70%代表工资,30%是其他薪酬。与整个行业相比,Gemilang International拨出的工资薪酬份额较小。如果总薪酬转向工资,则表明可变部分(通常与绩效挂钩)较低。
![ceo-compensation](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240316/0-881aef7abc49729cf2ec3b59d8e4ed46-0-5bc437c253228d56d6e515252cf4aaa2.png/big)
Gemilang International Limited's Growth
Gemilang 国际有限公司的成长
Over the last three years, Gemilang International Limited has shrunk its earnings per share by 103% per year. It saw its revenue drop 48% over the last year.
在过去的三年中,Gemilang国际有限公司的每股收益每年缩水103%。它的收入比去年下降了48%。
The decline in EPS is a bit concerning. And the impression is worse when you consider revenue is down year-on-year. 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.
每股收益的下降有点令人担忧。当你考虑到收入同比下降时,印象会更糟。很难说该公司正在全力以赴,因此股东可能不愿接受高额的首席执行官薪酬。我们没有分析师的预测,但是您可以通过查看这张更详细的收益、收入和现金流历史图表来更好地了解其增长。
Has Gemilang International Limited Been A Good Investment?
Gemilang International Limited是一项不错的投资吗?
The return of -73% over three years would not have pleased Gemilang International Limited shareholders. This suggests it would be unwise for the company to pay the CEO too generously.
三年内-73%的回报率不会让Gemilang International Limited的股东满意。这表明该公司向首席执行官支付过于慷慨的薪水是不明智的。
In Summary...
总而言之...
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.
股东不仅没有获得可观的投资回报,而且业务表现也不佳。很少有股东愿意向首席执行官加薪。在即将举行的股东周年大会上,管理层将有机会解释他们计划如何使业务重回正轨并解决投资者的担忧。
CEO compensation can have a massive impact on performance, but it's just one element. That's why we did some digging and identified 3 warning signs for Gemilang International that investors should think about before committing capital to this stock.
首席执行官薪酬可以对绩效产生巨大影响,但这只是一个因素。这就是为什么我们进行了一些挖掘并确定了Gemilang International的3个警告信号,投资者在向该股票投入资金之前应考虑这些信号。
Important note: Gemilang International is an exciting stock, but we understand investors may be looking for an unencumbered balance sheet and blockbuster returns. You might find something better in this list of interesting companies with high ROE and low debt.
重要提示:Gemilang International是一只令人兴奋的股票,但我们知道投资者可能正在寻找未支配的资产负债表和丰厚的回报。你可能会在这份投资回报率高、负债低的有趣公司清单中找到更好的东西。
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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.
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Simply Wall St的这篇文章本质上是笼统的。我们仅使用公正的方法根据历史数据和分析师的预测提供评论,我们的文章无意作为财务建议。它不构成买入或卖出任何股票的建议,也没有考虑到您的目标或财务状况。我们的目标是为您提供由基本数据驱动的长期重点分析。请注意,我们的分析可能不考虑最新的价格敏感型公司公告或定性材料。简而言之,华尔街没有持有任何上述股票的头寸。