Here's Why Shareholders Should Examine G.A. Holdings Limited's (HKG:8126) CEO Compensation Package More Closely
Here's Why Shareholders Should Examine G.A. Holdings Limited's (HKG:8126) CEO Compensation Package More Closely
Key Insights
主要见解
- G.A. Holdings' Annual General Meeting to take place on 20th of June
- Total pay for CEO Choong Yew Choy includes HK$1.52m salary
- The total compensation is similar to the average for the industry
- Over the past three years, G.A. Holdings' EPS fell by 57% and over the past three years, the total loss to shareholders 52%
- G.A. Holdings将于6月20日举行年度股东大会。
- CEO Choong Yew Choy的总薪酬包括152万港元的薪资。
- 总的薪酬与行业平均水平相似。
- 过去三年中,G.A. Holdings的EPS下降了57%,股东的总损失在过去三年中为52%。
Shareholders will probably not be too impressed with the underwhelming results at G.A. Holdings Limited (HKG:8126) recently. Shareholders will be interested in what the board will have to say about turning performance around at the next AGM on 20th of June. They will also get a chance to influence managerial decision-making through voting on resolutions such as executive remuneration, which may impact firm value in the future. The data we present below explains why we think CEO compensation is not consistent with recent performance.
股东们可能对G.A. Holdings Limited (HKG:8126)最近的不令人满意的业绩并不满意。 股东们将关注董事会在6月20日的下一次股东大会上如何改善绩效。 他们还将有机会通过投票决议(如执行薪酬),来影响管理层的决策,这可能会对公司的价值产生影响。 我们下面提供的数据解释了为什么我们认为CEO的薪酬与最近的表现不一致。
How Does Total Compensation For Choong Yew Choy Compare With Other Companies In The Industry?
Choong Yew Choy的总补偿与行业内其他公司如何相比?
At the time of writing, our data shows that G.A. Holdings Limited has a market capitalization of HK$55m, and reported total annual CEO compensation of HK$1.5m for the year to December 2023. That's slightly lower by 4.4% over the previous year. Notably, the salary of HK$1.5m is the entirety of the CEO compensation.
截至目前为止,我们的数据显示,G.A. Holdings Limited的市值为5500万元,报告截至2023年12月的总年度CEO薪酬为150万港元。 较上一年略低4.4%。 值得注意的是,150万元的薪资是CEO薪酬的全部。
In comparison with other companies in the Hong Kong Retail Distributors industry with market capitalizations under HK$1.6b, the reported median total CEO compensation was HK$1.6m. This suggests that G.A. Holdings remunerates its CEO largely in line with the industry average.
与港股上市市值低于16亿港元的其他零售分销行业公司相比,报告的中位数总CEO薪酬为160万港元。 这表明,G.A. Holdings的CEO薪酬基本与行业平均水平相当。
Component | 2023 | 2022 | Proportion (2023) |
Salary | HK$1.5m | HK$1.6m | 100% |
Other | - | - | - |
Total Compensation | HK$1.5m | HK$1.6m | 100% |
组成部分 | 2023 | 2022 | 比例(2023) |
薪资 | 150万港元 | 160万港元 | 100% |
其他 | - | - | - |
总补偿 | 150万港元 | 160万港元 | 100% |
On an industry level, roughly 94% of total compensation represents salary and 6% is other remuneration. Speaking on a company level, G.A. Holdings prefers to tread along a traditional path, disbursing all compensation through a salary. If total compensation veers towards salary, it suggests that the variable portion - which is generally tied to performance, is lower.
在行业层面上,大约94%的薪酬代表薪水,6%是其他补偿。 从公司层面上讲,G.A. Holdings更喜欢沿着传统路径走,通过薪水支付所有薪酬。 如果总薪酬朝着薪水方向偏移,则表明通常与业绩挂钩的变量部分较低。
![ceo-compensation](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240614/0-c56993b80e1ea8ab9d19a9f2c4c9b2c3-0-82e9994290ce4c87734ecd066e5b4d83.png/big)
G.A. Holdings Limited's Growth
G.A. Holdings Limited的增长
Over the last three years, G.A. Holdings Limited has shrunk its earnings per share by 57% per year. Its revenue is down 9.7% over the previous year.
在过去的三年中,G.A. Holdings Limited的每股收益年均下降了57%。 其收入较上一年下降了9.7%。
The decline in EPS is a bit concerning. And the impression is worse when you consider revenue is down year-on-year. So given this relatively weak performance, shareholders would probably not want to see high compensation for the CEO. 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.
EPS的下降有点令人担忧。 当您考虑到年同比收入下降时,印象更糟。 因此,鉴于这种相对较弱的表现,股东们可能不想看到CEO收到高额薪酬。 我们没有分析师预测,但您可以通过查看有关收益,收入和现金流的更详细历史图表来更好地了解其增长情况。
Has G.A. Holdings Limited Been A Good Investment?
G.A. Holdings Limited是否是一个好投资?
Few G.A. Holdings Limited shareholders would feel satisfied with the return of -52% over three years. Therefore, it might be upsetting for shareholders if the CEO were paid generously.
在过去的三年中,G.A. Holdings Limited的回报率为-52%,很少有股东会感到满意。 因此,如果CEO收到慷慨的报酬,则可能会令股东感到不满。
To Conclude...
总之...
G.A. Holdings rewards its CEO solely through a salary, ignoring non-salary benefits completely. 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.
G.A. Holdings仅通过薪水向其CEO提供奖励,完全忽略非薪酬福利。 股东们不仅没有看到投资回报,而且业务表现不佳。 因此,很少有股东愿意向CEO颁发加薪。 在即将到来的股东大会上,管理层将有机会解释他们计划如何使业务回到正轨并回应投资者的关切。
We can learn a lot about a company by studying its CEO compensation trends, along with looking at other aspects of the business. That's why we did our research, and identified 5 warning signs for G.A. Holdings (of which 3 don't sit too well with us!) that you should know about in order to have a holistic understanding of the stock.
通过研究其CEO薪酬趋势以及其他方面的业务,我们可以了解一家公司的许多信息。 这就是为什么我们进行了研究,并确定了G.A. Holdings的5个警告信号(其中有3个与我们的看法不太一致!),您应该了解这些信号,以便全面了解股票。
Important note: G.A. 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.
重要说明:G.A. Holdings是一家令人兴奋的股票,但我们了解投资者可能正在寻找不受限制的资产负债表和出色的回报。 您可能会在具有高roe和低债务的有趣公司列表中找到更好的结果。
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