Here's Why We Think Shineroad International Holdings Limited's (HKG:1587) CEO Compensation Looks Fair
Here's Why We Think Shineroad International Holdings Limited's (HKG:1587) CEO Compensation Looks Fair
Key Insights
關鍵見解
- Shineroad International Holdings to hold its Annual General Meeting on 17th of May
- CEO Xin Rong Huang's total compensation includes salary of CN¥652.0k
- Total compensation is 64% below industry average
- Shineroad International Holdings' EPS declined by 17% over the past three years while total shareholder return over the past three years was 11%
- 欣路國際控股將於5月17日舉行年度股東大會
- 首席執行官黃欣榮的總薪酬包括652.0萬元人民幣的工資
- 總薪酬比行業平均水平低64%
- Shineroad International Holdings的每股收益在過去三年中下降了17%,而過去三年的股東總回報率爲11%
Performance at Shineroad International Holdings Limited (HKG:1587) has been rather uninspiring recently and shareholders may be wondering how CEO Xin Rong Huang 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 17th of May. Setting appropriate executive remuneration to align with the interests of shareholders may also be a way to influence the company performance in the long run. In our opinion, CEO compensation does not look excessive and we discuss why.
Shineroad International Holdings Limited(HKG: 1587)最近的表現相當平淡,股東們可能想知道首席執行官黃欣榮計劃如何解決這個問題。他們對管理層施加影響力的一種方法是在5月17日舉行的下一次股東周年大會上對決議進行投票,例如高管薪酬。從長遠來看,設定適當的高管薪酬以符合股東的利益也可能是影響公司業績的一種方式。我們認爲,首席執行官的薪酬看起來並不過高,我們將討論原因。
How Does Total Compensation For Xin Rong Huang Compare With Other Companies In The Industry?
黃欣榮的總薪酬與業內其他公司相比如何?
Our data indicates that Shineroad International Holdings Limited has a market capitalization of HK$299m, and total annual CEO compensation was reported as CN¥685k for the year to December 2023. That is, the compensation was roughly the same as last year. In particular, the salary of CN¥652.0k, makes up a huge portion of the total compensation being paid to the CEO.
我們的數據顯示,欣路國際控股有限公司的市值爲2.99億港元,截至2023年12月的一年中,首席執行官的年度總薪酬爲68.5萬元人民幣。也就是說,薪酬與去年大致相同。特別是,652.0萬元人民幣的工資佔支付給首席執行官的總薪酬的很大一部分。
For comparison, other companies in the Hong Kong Consumer Retailing industry with market capitalizations below HK$1.6b, reported a median total CEO compensation of CN¥1.9m. This suggests that Xin Rong Huang is paid below the industry median.
相比之下,香港消費零售行業其他市值低於16億港元的公司報告稱,首席執行官的總薪酬中位數爲190萬元人民幣。這表明黃欣榮的薪水低於行業中位數。
Component | 2023 | 2022 | Proportion (2023) |
Salary | CN¥652k | CN¥643k | 95% |
Other | CN¥33k | CN¥32k | 5% |
Total Compensation | CN¥685k | CN¥675k | 100% |
組件 | 2023 | 2022 | 比例 (2023) |
工資 | 人民幣 652k | 643k 人民幣 | 95% |
其他 | 人民幣 33,000 元 | 32,000 元人民幣 | 5% |
總薪酬 | 685萬元人民幣 | 675 萬元人民幣 | 100% |
On an industry level, roughly 63% of total compensation represents salary and 37% is other remuneration. Shineroad International Holdings pays a high salary, concentrating more on this aspect of compensation in comparison to non-salary pay. 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63%代表工資,37%是其他薪酬。與非工資薪酬相比,Shineroad International Holdings支付的薪水很高,更多地關注薪酬的這一方面。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/7781/20240511/0-da3e745f2ee288598a265bdd2c965d58-0-aa52474571f0c3a3ad4fd3b8bca86d84.png/big)
Shineroad International Holdings Limited's Growth
欣融國際控股有限公司的增長
Shineroad International Holdings Limited has reduced its earnings per share by 17% a year over the last three years. Its revenue is down 6.1% over the previous year.
在過去三年中,欣路國際控股有限公司的每股收益每年減少17%。其收入比上年下降了6.1%。
Few shareholders would be pleased to read that EPS have declined. 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.
很少有股東會高興地得知每股收益下降了。收入同比下降這一事實可以說描繪了一幅醜陋的畫面。很難說該公司正在全力以赴,因此股東可能不願接受高額的首席執行官薪酬。我們沒有分析師的預測,但是您可以通過查看這張更詳細的收益、收入和現金流歷史圖表來更好地了解其增長。
Has Shineroad International Holdings Limited Been A Good Investment?
欣融國際控股有限公司是一項不錯的投資嗎?
With a total shareholder return of 11% over three years, Shineroad International Holdings Limited shareholders would, in general, be reasonably content. But they probably wouldn't be so happy as to think the CEO should be paid more than is normal, for companies around this size.
由於三年內的股東總回報率爲11%,欣路國際控股有限公司的股東總體上會感到滿意。但是,對於這種規模的公司,他們可能不會很高興地認爲首席執行官的薪水應該超過正常水平。
To Conclude...
總而言之...
Shineroad International Holdings pays its CEO a majority of compensation through a salary. While it's true that shareholders have seen decent returns, it's hard to overlook the lack of earnings growth and this makes us wonder if the current returns can continue. Shareholders might want to question the board about these concerns, and revisit their investment thesis for the company.
Shineroad International Holdings通過工資向其首席執行官支付大部分薪酬。儘管股東確實獲得了可觀的回報,但很難忽視收益缺乏增長,這使我們懷疑當前的回報能否持續下去。股東們可能想就這些問題向董事會提問,並重新審視他們對公司的投資論點。
CEO compensation is a crucial aspect to keep your eyes on but investors also need to keep their eyes open for other issues related to business performance. We did our research and spotted 3 warning signs for Shineroad International Holdings that investors should look into moving forward.
首席執行官薪酬是你關注的關鍵方面,但投資者也需要睜大眼睛關注與業務績效相關的其他問題。我們進行了研究,發現了Shineroad International Holdings的3個警告信號,投資者應考慮向前邁進。
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。
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.
對這篇文章有反饋嗎?對內容感到擔憂?直接聯繫我們。 或者,給編輯團隊 (at) simplywallst.com 發送電子郵件。
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。