We Think Shareholders May Want To Consider A Review Of Solartech International Holdings Limited's (HKG:1166) CEO Compensation Package
We Think Shareholders May Want To Consider A Review Of Solartech International Holdings Limited's (HKG:1166) CEO Compensation Package
Key Insights
關鍵見解
- Solartech International Holdings will host its Annual General Meeting on 8th of December
- Total pay for CEO Lai Him Chau includes HK$7.15m salary
- The overall pay is 618% above the industry average
- Solartech International Holdings' three-year loss to shareholders was 52% while its EPS was down 32% over the past three years
- Solartech International Holdings將於12月8日舉辦年度股東大會
- 首席執行官周黎謙的總薪酬包括715萬港元的薪水
- 總體薪酬比行業平均水平高出618%
- Solartech International Holdings的三年股東虧損爲52%,而其每股收益在過去三年中下降了32%
The results at Solartech International Holdings Limited (HKG:1166) have been quite disappointing recently and CEO Lai Him Chau bears some responsibility for this. Shareholders will be interested in what the board will have to say about turning performance around at the next AGM on 8th of December. 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.
Solartech 國際控股有限公司(HKG: 1166)最近的業績相當令人失望,首席執行官周黎謙對此負有一定責任。股東們將對董事會在12月8日的下一次股東周年大會上對扭轉業績的看法感興趣。這也將是一個機會,他們可以就公司方向向董事會提出質疑,並對高管薪酬等決議進行投票。我們說明了爲什麼我們認爲首席執行官的薪酬與公司業績不同步。
See our latest analysis for Solartech International Holdings
查看我們對Solartech國際控股的最新分析
Comparing Solartech International Holdings Limited's CEO Compensation With The Industry
將光科國際控股有限公司的首席執行官薪酬與行業的比較
Our data indicates that Solartech International Holdings Limited has a market capitalization of HK$76m, and total annual CEO compensation was reported as HK$7.2m for the year to June 2023. That's mostly flat as compared to the prior year's compensation. It is worth noting that the CEO compensation consists entirely of the salary, worth HK$7.2m.
我們的數據顯示,Solartech 國際控股有限公司的市值爲7,600萬港元,截至2023年6月的一年中,首席執行官的年度薪酬總額爲720萬港元。與上一年的薪酬相比,這基本持平。值得注意的是,首席執行官的薪酬完全由薪水組成,價值720萬港元。
On comparing similar-sized companies in the Hong Kong Electrical industry with market capitalizations below HK$1.6b, we found that the median total CEO compensation was HK$995k. This suggests that Lai Him Chau is paid more than the median for the industry.
通過比較香港電氣行業中市值低於16億港元的類似規模的公司,我們發現首席執行官的總薪酬中位數爲99.5萬港元。這表明,賴謙洲的薪水高於該行業的中位數。
Component | 2023 | 2022 | Proportion (2023) |
Salary | HK$7.2m | HK$7.0m | 100% |
Other | - | - | - |
Total Compensation | HK$7.2m | HK$7.0m | 100% |
組件 | 2023 | 2022 | 比例 (2023) |
工資 | 720 萬港元 | 700 萬港元 | 100% |
其他 | - | - | - |
總薪酬 | 720 萬港元 | 700 萬港元 | 100% |
On an industry level, roughly 87% of total compensation represents salary and 13% is other remuneration. On a company level, Solartech International Holdings prefers to reward its CEO through a salary, opting not to pay Lai Him Chau through non-salary benefits. If total compensation veers towards salary, it suggests that the variable portion - which is generally tied to performance, is lower.
在行業層面上,總薪酬中約有87%代表工資,13%是其他薪酬。在公司層面,Solartech International Holdings更願意通過薪水來獎勵其首席執行官,選擇不通過非薪金福利向周賴謙支付工資。如果總薪酬轉向工資,則表明可變部分(通常與績效掛鉤)較低。
![ceo-compensation](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20231202/0-69658d6a9c8c61c3871936e5d6326973-0-733cee5fa8c508e4a76a6a16b55787ba.png/big)
Solartech International Holdings Limited's Growth
Solartech 國際控股有限公司的成長
Over the last three years, Solartech International Holdings Limited has shrunk its earnings per share by 32% per year. It saw its revenue drop 21% over the last year.
在過去三年中,Solartech國際控股有限公司的每股收益每年減少32%。它的收入比去年下降了21%。
The decline in EPS is a bit concerning. This is compounded by the fact revenue is actually down on last year. These factors suggest that the business performance wouldn't really justify a high pay packet for the CEO. Although we don't have analyst forecasts, you might want to assess this data-rich visualization of earnings, revenue and cash flow.
每股收益的下降有點令人擔憂。收入實際上比去年有所下降的事實使情況更加複雜。這些因素表明,業務表現並不能真正證明首席執行官獲得高薪酬是合理的。儘管我們沒有分析師的預測,但您可能需要評估這種數據豐富的收益、收入和現金流可視化。
Has Solartech International Holdings Limited Been A Good Investment?
Solartech 國際控股有限公司是一項不錯的投資嗎?
The return of -52% over three years would not have pleased Solartech International Holdings Limited shareholders. So shareholders would probably want the company to be less generous with CEO compensation.
三年內-52%的回報率不會讓Solartech國際控股有限公司的股東感到高興。因此,股東們可能希望公司在首席執行官薪酬方面不那麼慷慨。
To Conclude...
總而言之...
Solartech International Holdings rewards its CEO solely through a salary, ignoring non-salary benefits completely. Along with the business performing poorly, shareholders have suffered with poor share price returns on their investments, suggesting that there's little to no chance of them being in favor of a CEO pay raise. At the upcoming AGM, the board will get the chance to explain the steps it plans to take to improve business performance.
Solartech International Holdings僅通過薪水來獎勵其首席執行官,而完全忽略了非工資福利。除了業務表現不佳外,股東的投資回報率也很差,這表明他們幾乎沒有機會贊成首席執行官加薪。在即將舉行的股東周年大會上,董事會將有機會解釋爲改善業務績效而計劃採取的措施。
It is always advisable to analyse CEO pay, along with performing a thorough analysis of the company's key performance areas. We did our research and identified 2 warning signs (and 1 which shouldn't be ignored) in Solartech International Holdings we think you should know about.
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。我們進行了研究,在Solartech International Holdings中發現了兩個警告信號(還有一個不容忽視),我們認爲你應該知道。
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.
當然,通過查看另一組股票,你可能會找到一筆不錯的投資。因此,來看看這份有趣的公司的免費清單吧。
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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的這篇文章本質上是籠統的。我們僅使用公正的方法根據歷史數據和分析師的預測提供評論,我們的文章無意作爲財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之,華爾街沒有持有任何上述股票的頭寸。