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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

香港国际控股有限公司(HKG:248)的CEO可能不会指望股东在今年这么慷慨。
Simply Wall St ·  08/16 18:45

Key Insights

关键见解

  • 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
  • 香港通讯国际控股将于8月23日举行年度股东大会
  • 104万港元的薪水是首席执行官陈休伯特总薪酬的一部分
  • 总薪酬与该行业的平均水平相似
  • 香港建设国际控股三年股东亏损为75%,而其每股收益在过去三年中下降了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.

香港建设国际控股有限公司(HKG: 248)最近表现不佳,可能不会给股东留下太深刻的印象。股东们将对董事会在8月23日的下一次股东大会上对扭转业绩的看法感兴趣。这也将是股东通过对高管薪酬等公司决议进行投票来影响管理层的机会,这可能会对公司产生重大影响。我们说明了为什么我们认为首席执行官薪酬与公司业绩不同步。

How Does Total Compensation For Hubert Chan Compare With Other Companies In The Industry?

Hubert Chan的总薪酬与业内其他公司相比如何?

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.

根据我们的数据,香港通讯国际控股有限公司的市值为3500万港元,在截至2024年3月的一年中,向其首席执行官支付的年薪总额为120万港元。这仅比去年小幅增长了5.5%。特别是,104万港元的薪水占支付给首席执行官的总薪酬的很大一部分。

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,香港专业零售行业其他市值低于16亿港元的公司报告称,首席执行官的总薪酬中位数为170万港元。这表明香港建设国际控股公司首席执行官的薪酬基本与行业平均水平持平。更重要的是,Hubert Chan以自己的名义持有该公司价值1900万港元的股份,这表明他们有很多股份。

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%
组件 2024 2023 比例 (2024)
工资 100 万港元 100 万港元 85%
其他 180 万港元 147 万港元 15%
总薪酬 120 万港元 120 万港元 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.

在行业层面,总薪酬中约有89%代表工资,11%是其他薪酬。就工资在总薪酬中所占份额而言,香港通讯国际控股在很大程度上反映了行业平均水平。如果工资在总薪酬中占主导地位,则表明首席执行官的薪酬不太倾向于可变部分,而可变部分通常与绩效有关。

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SEHK:248 CEO Compensation August 16th 2024
SEHK: 248 首席执行官薪酬 2024 年 8 月 16 日

A Look at HKC International Holdings Limited's Growth Numbers

看看香港建设国际控股有限公司的增长数字

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%.

在过去三年中,香港通讯国际控股有限公司的每股收益每年缩水107%。去年,其收入增长了4.0%。

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.

每股收益的下降有点令人担忧。鉴于每股收益下降,相当低的收入增长未能给人留下深刻的印象。这些因素表明,业务表现并不能真正证明首席执行官的高薪是合理的。虽然我们没有分析师对公司的预测,但股东们可能需要查看这张详细的收益、收入和现金流历史图表。

Has HKC International Holdings Limited Been A Good Investment?

香港通讯国际控股有限公司是一项不错的投资吗?

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.

很少有香港通讯国际控股有限公司的股东会对三年内-75%的回报感到满意。因此,如果首席执行官获得丰厚的报酬,可能会让股东感到不安。

In Summary...

总而言之...

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.

股东不仅没有获得可观的投资回报,而且业务表现也不佳。很少有股东愿意向首席执行官加薪。在即将举行的股东周年大会上,管理层将有机会解释他们计划如何使业务重回正轨并解决投资者的担忧。

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.

首席执行官薪酬可以对绩效产生巨大影响,但这只是一个因素。这就是为什么我们进行了一些挖掘并确定了香港建设国际控股的3个警告信号,您在投资之前应该注意这些信号。

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.

可以说,业务质量比首席执行官的薪酬水平重要得多。因此,请查看这份免费清单,列出了股本回报率高、负债率低的有趣公司。

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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的这篇文章本质上是笼统的。我们仅使用公正的方法根据历史数据和分析师的预测提供评论,我们的文章无意作为财务建议。它不构成买入或卖出任何股票的建议,也没有考虑到您的目标或财务状况。我们的目标是为您提供由基本数据驱动的长期重点分析。请注意,我们的分析可能不考虑最新的价格敏感型公司公告或定性材料。简而言之,华尔街没有持有任何上述股票的头寸。

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