HKC International Holdings Limited's (HKG:248) CEO Might Not Expect Shareholders To Be So Generous This Year
HKC International Holdings Limited's (HKG:248) CEO Might Not Expect Shareholders To Be So Generous This Year
On an industry level, roughly 89% of total compensation represents salary and 11% is other remuneration. HKC International Holdings is largely mirroring the industry average when it comes to the share a salary enjoys in overall compensation. If salary dominates total compensation, it suggests that CEO compensation is leaning less towards the variable component, which is usually linked with performance. Key Insights
主要見解
- HKC International Holdings to hold its Annual General Meeting on 23rd of August
- Salary of HK$1.04m is part of CEO Hubert Chan's total remuneration
- The total compensation is similar to the average for the industry
- HKC International Holdings' three-year loss to shareholders was 75% while its EPS was down 107% over the past three years
- HKC國際控股將於8月23日舉行年度股東大會
- HK$104萬薪酬是CEO陳宏偉的總薪酬的一部分
- 總的薪酬與行業平均水平相似。
- HKC國際控股的三年虧損爲75%，而其EPS在過去三年下降了107%
Shareholders will probably not be too impressed with the underwhelming results at HKC International Holdings Limited (HKG:248) recently. Shareholders will be interested in what the board will have to say about turning performance around at the next AGM on 23rd of August. It would also be an opportunity for shareholders to influence management through voting on company resolutions such as executive remuneration, which could impact the firm significantly. We present the case why we think CEO compensation is out of sync with company performance.
股東們可能對最近在HKC International Holdings Limited (HKG:248)表現平平的成績不太滿意。股東們將有興趣了解董事會將在8月23日舉行的下一次年度股東大會上如何解釋業績的逆轉。這也將是股東通過對公司決議的投票來影響管理層的機會，比如執行薪酬，這可能會對公司產生重大影響。我們提出了我們認爲首席執行官的薪酬與公司表現不協調的理由。
How Does Total Compensation For Hubert Chan Compare With Other Companies In The Industry?
Hubert Chan的總補償與行業中其他公司的總補償相比如何？
According to our data, HKC International Holdings Limited has a market capitalization of HK$35m, and paid its CEO total annual compensation worth HK$1.2m over the year to March 2024. That's just a smallish increase of 5.5% on last year. In particular, the salary of HK$1.04m, makes up a huge portion of the total compensation being paid to the CEO.
根據我們的數據，HKC International Holdings Limited的市值爲3500萬港幣，截至2024年3月支付給其首席執行官的總年度補償爲120萬港幣。與去年相比，這只是略微增加了5.5%。特別是，104萬港幣的工資佔到了支付給首席執行官的總補償的大部分。
For comparison, other companies in the Hong Kong Specialty Retail industry with market capitalizations below HK$1.6b, reported a median total CEO compensation of HK$1.7m. This suggests that HKC International Holdings remunerates its CEO largely in line with the industry average. What's more, Hubert Chan 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，香港專業零售行業市值低於16億港幣的其他公司，報告的首席執行官總補償中位數爲170萬港幣。這表明HKC International Holdings在很大程度上以行業平均水平報酬其首席執行官。此外，Hubert Chan以個人名義持有公司1900萬港幣的股份，表明他們在公司中投入了很多利益。
| Component | 2024 | 2023 | Proportion (2024) |
| Salary | HK$1.0m | HK$1.0m | 85% |
| Other | HK$180k | HK$147k | 15% |
| Total Compensation | HK$1.2m | HK$1.2m | 100% |
| 組成部分 | 2024 | 2023 | 比例（2024年） |
| 薪資 | 100萬元港幣 | 100萬元港幣 | 85% |
| 其他 | 18萬元港元 | 在行業層面上，約89%的總薪酬是工資，11%是其他酬勞。 HKC國際控股在整體薪酬中與行業平均水平高度一致。如果工資佔據了總薪酬的主導地位，這意味着CEO的薪酬傾向於較少的變量部分，而變量部分通常與績效掛鉤。 | 15% |
| 總補償 | HKD 120萬 | 120萬港元 | 100% |
On an industry level, roughly 89% of total compensation represents salary and 11% is other remuneration. HKC International Holdings is largely mirroring the industry average when it comes to the share a salary enjoys in overall compensation. If salary dominates total compensation, it suggests that CEO compensation is leaning less towards the variable component, which is usually linked with performance.
在過去三年中，很少有HKC國際控股有限公司的股東對-75%的回報感到滿意。因此，如果CEO的薪水很高，股東可能會感到不滿。
A Look at HKC International Holdings Limited's Growth Numbers
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.
Over the last three years, HKC International Holdings Limited has shrunk its earnings per share by 107% per year. In the last year, its revenue is up 4.0%.
首席執行官的薪酬對業績有着巨大影響，但這只是其中一個方面。這就是爲什麼我們進行了一些調查，並明確了在投資之前應該注意的 HKC International Holdings 的 3個警示信號。
The decline in EPS is a bit concerning. The fairly low revenue growth fails to impress given that the EPS is down. These factors suggest that the business performance wouldn't really justify a high pay packet for the CEO. 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.
Arguably, business quality is much more important than CEO compensation levels. So check out this free list of interesting companies that have HIGH return on equity and low debt.
Has HKC International Holdings Limited Been A Good Investment?
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.
Few HKC International Holdings Limited shareholders would feel satisfied with the return of -75% over three years. Therefore, it might be upsetting for shareholders if the CEO were paid generously.
In Summary...
總之……
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.
股東不僅沒有看到投資回報，業務表現也不好。很少有股東會願意給CEO漲薪。在即將舉行的股東大會上，管理層將有機會解釋他們計劃如何讓業務回到正軌，並解決投資者的關切。
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 HKC International Holdings that you should be aware of before investing.
Arguably, business quality is much more important than CEO compensation levels. So check out this free list of interesting companies that have HIGH return on equity and low debt.
可以說，業務質量比CEO薪酬水平更爲重要。因此，請查看這個免費的有趣公司列表，這些公司具有高的淨資產收益率和較低的債務。
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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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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。
