We Think Shareholders Are Less Likely To Approve A Large Pay Rise For G & M Holdings Limited's (HKG:6038) CEO For Now
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For G & M Holdings Limited's (HKG:6038) CEO For Now
Key Insights
主要見解
- G & M Holdings' Annual General Meeting to take place on 19th of June
- Salary of HK$3.44m is part of CEO Chi Hung Lee's total remuneration
- The total compensation is 158% higher than the average for the industry
- G & M Holdings' total shareholder return over the past three years was 112% while its EPS grew by 35% over the past three years
- G&M控股的年度股東大會將於6月19日舉行
- 薪資爲344萬港元,是CEO李志行的總薪酬的一部分
- 總補償比行業平均水平高出158%
- 過去三年G&M控股的總股東回報率爲112%,而每股收益則增長了35%
Under the guidance of CEO Chi Hung Lee, G & M Holdings Limited (HKG:6038) has performed reasonably well recently. As shareholders go into the upcoming AGM on 19th 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李志行的指導下,G&M控股有着不俗的表現。隨着股東們參加於6月19日舉行的股東大會,CEO的補償或許不是他們的主要關注點,而是管理層將採取的步驟以繼續保持增長勢頭。儘管如此,一些股東仍將謹慎支付過度的薪酬給CEO
Comparing G & M Holdings Limited's CEO Compensation With The Industry
與該行業相比,G&M控股有限公司的CEO薪酬
Our data indicates that G & M Holdings Limited has a market capitalization of HK$260m, and total annual CEO compensation was reported as HK$5.6m for the year to December 2023. Notably, that's an increase of 12% over the year before. We note that the salary portion, which stands at HK$3.44m constitutes the majority of total compensation received by the CEO.
我們的數據顯示,G&M控股有限公司的市值爲2.6億港元,總CEO年薪爲560萬港元(截止到2023年12月)。值得注意的是,與前一年相比,這增長了12%。我們注意到,薪水部分佔多數,爲344萬港元,構成CEO所得到的總補償的大部分
For comparison, other companies in the Hong Kong Construction industry with market capitalizations below HK$1.6b, reported a median total CEO compensation of HK$2.2m. This suggests that Chi Hung Lee is paid more than the median for the industry.
相比之下,在香港建造業市值低於16億港元的其他公司,報告的CEO總薪酬中位數爲220萬港元。這表明李志行的薪酬高於該行業的中位數
Component | 2023 | 2022 | Proportion (2023) |
Salary | HK$3.4m | HK$3.2m | 62% |
Other | HK$2.1m | HK$1.8m | 38% |
Total Compensation | HK$5.6m | HK$5.0m | 100% |
組成部分 | 2023 | 2022 | 比例(2023) |
薪資 | 344萬港元 | 320萬港元 | 62% |
其他 | 210萬港元 | 180萬港元 | 38% |
總補償 | 560萬港元 | 500萬港元 | 100% |
Speaking on an industry level, nearly 83% of total compensation represents salary, while the remainder of 17% is other remuneration. G & M Holdings sets aside a smaller share of compensation for salary, in comparison to the overall industry. If salary dominates total compensation, it suggests that CEO compensation is leaning less towards the variable component, which is usually linked with performance.
就行業而言,近83%的總補償代表了薪資,而其餘17%則是其他薪酬。相比於整個行業,G&M控股所留出的薪酬份額較小。如果薪資佔據了總補償的主導地位,這意味着CEO的補償正在向較少與績效掛鉤的變量部分傾斜
![ceo-compensation](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240613/0-eda2c9cb6bc03b4f599998c4bd8d11a5-0-f6cf2161b5bc45a900af81fa5abbf1d0.png/big)
A Look at G & M Holdings Limited's Growth Numbers
看看G&M控股的增長數字
Over the past three years, G & M Holdings Limited has seen its earnings per share (EPS) grow by 35% per year. Its revenue is up 30% over the last year.
過去三年中,G&M控股有限公司的每股收益年增長了35%。其營業收入在過去一年中增長了30%
This demonstrates that the company has been improving recently and is good news for the shareholders. Most shareholders would be pleased to see strong revenue growth combined with EPS growth. This combo suggests a fast growing business. 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.
這表明這家公司近期表現良好,對股東來說是一個好消息。大多數股東會很高興看到強勁的營收增長與每股收益增長相結合。這種組合意味着這是一個快速增長的企業。我們沒有分析師的預測,但您可以通過查看這個更詳細的歷史收益、營業收入和現金流圖來更好地了解它的增長情況
Has G & M Holdings Limited Been A Good Investment?
G&M控股是否是一個不錯的投資?
Boasting a total shareholder return of 112% over three years, G & M Holdings Limited has done well by shareholders. As a result, some may believe the CEO should be paid more than is normal for companies of similar size.
在過去的三年裏,G&M控股的總股東回報率爲112%,對股東來說這是一個不錯的表現。因此,一些人可能認爲CEO的薪酬應該比同類規模的公司更高。
In Summary...
總之……
The company's decent performance might have made most shareholders happy, possibly making CEO remuneration the least of the concerns to be discussed in the upcoming AGM. However, any decision to raise CEO pay might be met with some objections from the shareholders given that the CEO is already paid higher than the industry average.
該公司良好的表現可能使大多數股東感到滿意,可能使CEO的薪酬成爲討論即將到來的股東大會上最不關心的問題。然而,任何增加CEO薪酬的決定都可能在某些股東那裏遭到反對,因爲CEO的薪酬已經高於行業平均水平
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. That's why we did some digging and identified 2 warning signs for G & M Holdings that you should be aware of before investing.
CEO薪酬是需要關注的重要方面,但投資者還需要對與業績相關的其他問題保持警覺。這就是爲什麼我們進行了一些調研,並在投資之前發現了2個G&M控股的警示信號
Important note: G & M Holdings 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:G&M Holdings是一隻令人興奮的股票,但我們明白投資者可能要尋找一張沒有負債拖累的堅實資產表和高回報率的股票。您可能會在以下高roe低負債的有趣公司清單中找到更好的選擇。
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.
對本文有反饋?關於內容有所顧慮?直接和我們聯繫。或者,發送電子郵件至editorial-team (at) simplywallst.com。
這篇文章是Simply Wall St的一般性文章。我們根據歷史數據和分析師預測提供評論,只使用公正的方法論,我們的文章並不意味着提供任何金融建議。文章不構成買賣任何股票的建議,也不考慮您的目標或您的財務狀況。我們的目標是帶給您基本數據驅動的長期關注分析。請注意,我們的分析可能不考慮最新的價格敏感公司公告或定性材料。Simply Wall St沒有任何股票頭寸。