We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Asia Financial Holdings Limited's (HKG:662) CEO For Now
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Asia Financial Holdings Limited's (HKG:662) CEO For Now
Key Insights
主要见解
- Asia Financial Holdings to hold its Annual General Meeting on 4th of June
- Salary of HK$5.73m is part of CEO Bernard Chan's total remuneration
- The total compensation is 287% higher than the average for the industry
- Asia Financial Holdings' EPS grew by 1.8% over the past three years while total shareholder return over the past three years was 7.2%
- 亚洲金融将于6月4日举行其年度股东大会。
- Bernard Chan的薪酬总额为573万港元,是他的全部报酬的一部分。
- 总报酬比该行业平均水平高287%。
- 亚洲金融持有板块的收益在过去三年中增长了1.8%,而其中相对股东的总回报率在过去三年中为7.2%。
Under the guidance of CEO Bernard Chan, Asia Financial Holdings Limited (HKG:662) has performed reasonably well recently. As shareholders go into the upcoming AGM on 4th of June, CEO compensation will probably not be their focus, but rather the steps management will take to continue the growth momentum. However, some shareholders will still be cautious of paying the CEO excessively.
在CEO Bernard Chan的指导下,亚洲金融控股有限公司(HKG:662)近期表现不错。尽管股东们参加6月4日的股东大会可能不会把CEO的薪酬作为焦点,而是更关注的是管理层将采取的措施以继续保持增长势头。但是仍有一些股东会谨慎地支付CEO过高的薪酬。
How Does Total Compensation For Bernard Chan Compare With Other Companies In The Industry?
Bernard Chan的总报酬与该行业其他公司相比如何?
Our data indicates that Asia Financial Holdings Limited has a market capitalization of HK$3.4b, and total annual CEO compensation was reported as HK$7.6m for the year to December 2023. We note that's an increase of 16% above last year. In particular, the salary of HK$5.73m, makes up a huge portion of the total compensation being paid to the CEO.
我们的数据表明,亚洲金融持有板块的市值为34亿港元,截至2023年12月的总年度CEO报酬为760万港元。我们注意到这比去年增加了16%。特别是,573万港元的薪水占CEO薪酬的很大一部分。
For comparison, other companies in the Hong Kong Insurance industry with market capitalizations ranging between HK$1.6b and HK$6.2b had a median total CEO compensation of HK$2.0m. This suggests that Bernard Chan is paid more than the median for the industry. Furthermore, Bernard Chan directly owns HK$7.1m worth of shares in the company, implying that they are deeply invested in the company's success.
相比之下,港交所市值在16亿港元至62亿港元之间的其他保险业公司的中位数总CEO报酬为200万港元。这表明Bernard Chan的薪酬高于该行业的中位数。此外,Bernard Chan直接拥有公司价值710万港元的股份,表明他们对公司的成功深感投资。
Component | 2023 | 2022 | Proportion (2023) |
Salary | HK$5.7m | HK$5.5m | 75% |
Other | HK$1.9m | HK$1.0m | 25% |
Total Compensation | HK$7.6m | HK$6.6m | 100% |
组成部分 | 2023 | 2022 | 比例(2023) |
薪资 | 570万港元 | HK$5.5m | 75% |
其他 | 190万港元 | 100万元港币 | 25% |
总补偿 | 760万港元 | 660万港元 | 100% |
Talking in terms of the industry, salary represented approximately 53% of total compensation out of all the companies we analyzed, while other remuneration made up 47% of the pie. Asia Financial Holdings pays out 75% of remuneration in the form of a salary, significantly higher than the industry average. 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.
就所有经过分析的公司而言,薪酬约占总报酬的53%,而其他报酬则占总报酬的47%。亚洲金融持有板块支付75%的报酬形式是薪水,远高于行业平均水平。如果薪水是总报酬的主要组成部分,这意味着无论绩效如何,CEO都会获得更高的固定比例的总报酬。
![ceo-compensation](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240529/0-564df55fe2ff23b5a710223338300313-0-04b0d2b08efbc4b6fdbbea4c9c093fef.png/big)
A Look at Asia Financial Holdings Limited's Growth Numbers
看看亚洲金融持有板块的增长数字
Asia Financial Holdings Limited's earnings per share (EPS) grew 1.8% per year over the last three years. Its revenue is up 24% over the last year.
亚洲金融持有板块的每股收益(EPS)在过去三年中年增长率为1.8%。其营业收入过去一年增长了24%。
We would argue that the modest growth in revenue is a notable positive. And the modest growth in EPS isn't bad, either. So while we'd stop just short of calling this a top performer, but we think it is well worth watching. 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.
我们认为,收入的适度增长是一个显著的正面因素。而EPS的适度增长也不错。因此,虽然我们不会称其为表现最佳的公司,但我们认为值得关注。虽然我们没有公司的分析师预测,但股东可能需要查看这份详细的历史收益,营业收入和现金流图表。
Has Asia Financial Holdings Limited Been A Good Investment?
亚洲金融持有板块是一个好的投资吗?
Asia Financial Holdings Limited has generated a total shareholder return of 7.2% over three years, so most shareholders wouldn't be too disappointed. Although, there's always room to improve. Accordingly, a proposal to increase CEO remuneration without seeing an improvement in shareholder returns might not be met favorably by most shareholders.
亚洲金融持有板块的总股东回报率在三年内为7.2%,因此大多数股东不会太失望。虽然仍有改进的空间。因此,在没有看到股东回报出现改进的情况下提出增加CEO报酬的提案可能不会得到大多数股东的喜欢。
In Summary...
总之……
Seeing that the company has put up a decent performance, only a few shareholders, if any at all, might have questions about the CEO pay in the upcoming AGM. However, if the board proposes to increase the compensation, some shareholders might have questions given that the CEO is already being paid higher than the industry.
鉴于公司表现不错,只有很少的股东(如果有的话)可能会在即将到来的股东大会上对首席执行官的薪酬有疑问。然而,如果董事会提出增加补偿,由于首席执行官的薪酬已经高于行业水平,一些股东可能会提出疑问。
Whatever your view on compensation, you might want to check if insiders are buying or selling Asia Financial Holdings shares (free trial).
无论您对报酬有何看法,您可能希望检查内部人士是否买卖亚洲金融持有公司的股票(免费试用)。
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.
当然,你可能会通过观察其他股票的不同涨跌幅来找到一笔不错的投资。所以,可以看一下这个有趣的公司的免费列表。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.
对本文有反馈?关于内容有所顾虑?直接和我们联系。或者,发送电子邮件至editorial-team (at) simplywallst.com。
这篇文章是Simply Wall St的一般性文章。我们根据历史数据和分析师预测提供评论,只使用公正的方法论,我们的文章并不意味着提供任何金融建议。文章不构成买卖任何股票的建议,也不考虑您的目标或您的财务状况。我们的目标是带给您基本数据驱动的长期关注分析。请注意,我们的分析可能不考虑最新的价格敏感公司公告或定性材料。Simply Wall St没有任何股票头寸。