Weichai Power Management

Management criteria checks 2/4

Weichai Power's CEO is Decheng Wang, appointed in Oct 2023, has a tenure of 1.08 years. directly owns 0.009% of the company’s shares, worth €1.34M. The average tenure of the management team and the board of directors is 1.4 years and 3.3 years respectively.

Key information

Decheng Wang

Chief executive officer

CN¥2.6m

Total compensation

CEO salary percentage	n/a
CEO tenure	1.1yrs
CEO ownership	0.009%
Management average tenure	1.4yrs
Board average tenure	3.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Decheng Wang's remuneration changed compared to Weichai Power's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	CN¥11b
Jun 30 2024	n/a	n/a	CN¥11b
Mar 31 2024	n/a	n/a	CN¥10b
Dec 31 2023	CN¥3m	n/a	CN¥9b
Sep 30 2023	n/a	n/a	CN¥8b
Jun 30 2023	n/a	n/a	CN¥6b
Mar 31 2023	n/a	n/a	CN¥6b
Jan 01 2023	n/a	n/a	CN¥5b
Sep 30 2022	n/a	n/a	CN¥5b
Jun 30 2022	n/a	n/a	CN¥5b
Mar 31 2022	n/a	n/a	CN¥7b
Jan 01 2022	n/a	n/a	CN¥9b

Compensation vs Market: Decheng's total compensation ($USD356.54K) is below average for companies of similar size in the Austrian market ($USD4.35M).

Compensation vs Earnings: Decheng's compensation has increased by more than 20% in the past year.

CEO

Decheng Wang (46 yo)

1.1yrs

Tenure

CN¥2,581,200

Compensation

Mr. Decheng Wang was Executive CEO of Weichai Power Co., Ltd. from June 28, 2023 until October 13, 2023 and serves as Director of Weichai Power Co., Ltd. from June 28, 2023 and serves as its CEO & GM since...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Changhai Ma	Executive Chairman	1.4yrs	CN¥1.77m	no data
Decheng Wang	CEO, GM & Director	1.1yrs	CN¥2.58m	0.0093% € 1.3m
Quan Zhang	Executive Vice Chairman of the Board	21.9yrs	CN¥2.98m	0.16% € 22.9m
Shaojun Sun	Executive Director	no data	no data	0.16% € 22.9m
Hongming Yuan	Executive Director	7.2yrs	no data	0.012% € 1.7m
Xuyao Ma	Executive Director	1.4yrs	no data	no data
Zhao Jin	Executive CEO	1.4yrs	CN¥1.81m	0.0069% € 1.0m
Yunyun Hu	Company Secretary	2.7yrs	CN¥414.10k	no data
Tianchao Gao	Board Secretary	1.9yrs	CN¥607.00k	0.0046% € 668.4k
Yingdong Ding	Deputy General Manager	no data	CN¥1.75m	0.055% € 8.0m
Gang Feng	Deputy General Manager	1.1yrs	CN¥563.60k	0.055% € 8.0m
Yun Ling	Deputy General Manager	3.4yrs	no data	0.0080% € 1.2m

1.4yrs

Average Tenure

55yo

Average Age

Experienced Management: WI4's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Changhai Ma	Executive Chairman	1.4yrs	CN¥1.77m	no data
Decheng Wang	CEO, GM & Director	1.4yrs	CN¥2.58m	0.0093% € 1.3m
Quan Zhang	Executive Vice Chairman of the Board	21.9yrs	CN¥2.98m	0.16% € 22.9m
Shaojun Sun	Executive Director	21.9yrs	no data	0.16% € 22.9m
Hongming Yuan	Executive Director	7.4yrs	no data	0.012% € 1.7m
Xuyao Ma	Executive Director	1.4yrs	no data	no data
Fuquan Zhao	Independent Non-Executive Director	1.4yrs	CN¥100.00k	no data
Michael Martin Macht	Non-Executive Director	6.4yrs	CN¥175.00k	no data
Bing Xu	Independent Non-Executive Director	1.4yrs	CN¥100.00k	no data
Liangfu Zhang	Non-Executive Director	4.4yrs	CN¥175.00k	no data
Yan Jiang	Independent Non-Executive Director	4.4yrs	CN¥190.00k	no data
Yanlei Wang	Chairman of the Supervisory Board	2.2yrs	no data	no data

3.3yrs

Average Tenure

55.5yo

Average Age

Experienced Board: WI4's board of directors are considered experienced (3.3 years average tenure).

Weichai Power Management

Management criteria checks 2/4

Key information

Recent management updates

Weichai Power Co., Ltd. Announces Change of Chief Financial Officer

Weichai Power Co., Ltd. Appoints Tao Huaan as an Independent Non- Executive Director

Weichai Power Co., Ltd., Annual General Meeting, May 10, 2024

Weichai Power Co., Ltd. Announces Change of Chief Executive Officer

Weichai Power Co., Ltd., Annual General Meeting, Jun 28, 2023

Weichai Power Co., Ltd. Announces Executive Changes

Recent updates

Weichai Power Co., Ltd. Announces Change of Chief Financial Officer

Third quarter 2024 earnings released: EPS: CN¥0.29 (vs CN¥0.30 in 3Q 2023)

Investor sentiment deteriorates as stock falls 17%

Weichai Power Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024

Investor sentiment improves as stock rises 17%

First half dividend of HK$0.41 announced

Now 20% undervalued after recent price drop

Second quarter 2024 earnings released: EPS: CN¥0.38 (vs CN¥0.24 in 2Q 2023)

Weichai Power Co., Ltd. Announces Interim Dividend for the Six Months Ended 30 June 2024

New major risk - Share price stability

Investor sentiment deteriorates as stock falls 16%

Weichai Power Co., Ltd. to Report First Half, 2024 Results on Aug 23, 2024

Upcoming dividend of HK$0.32 per share

Weichai Power Co., Ltd. Announces Dividend on H Shares, Dispatch on or Before 28 June 2024

Weichai Power Co., Ltd. Appoints Tao Huaan as an Independent Non- Executive Director

First quarter 2024 earnings released: EPS: CN¥0.30 (vs CN¥0.21 in 1Q 2023)

Weichai Power Co., Ltd., Annual General Meeting, May 10, 2024

Weichai Power Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024

Full year 2023 earnings released: EPS: CN¥1.04 (vs CN¥0.56 in FY 2022)

Weichai Showcases Advanced Offshore Marine Power Solutions At APM 2024

Weichai Power Co., Ltd. Provides Group Earnings Guidance for the Year Ended 31 December 2023

Weichai Power Co., Ltd. to Report Fiscal Year 2023 Results on Mar 26, 2024

Third quarter 2023 earnings released

Weichai Power Co., Ltd. Announces Interim Profit Distribution Plan to Be Implemented (A Shares) for 2023, Payable on 27 October 2023

Weichai Power Co., Ltd. Announces Change of Chief Executive Officer

Weichai Power Co., Ltd. Provides Preliminary Consolidated Earnings Guidance for the Nine Months Ended September 30, 2023

Upcoming dividend of HK$0.25 per share at 2.6% yield

Weichai Power Co., Ltd. Announces Ordinary Interim Dividend for the Six Months Ended 30 June 2023, Payable on 27 October 2023

Weichai Power Co., Ltd. Proposes Interim Dividend for the First Half of 2023

New major risk - Revenue and earnings growth

Second quarter 2023 earnings released: EPS: CN¥0.24 (vs CN¥0.15 in 2Q 2022)

Weichai Power Co., Ltd. Announces Dividend on Share A for the Year 2022, Payable on August 25, 2023

Upcoming dividend of HK$0.17 per share at 2.4% yield

Weichai Power Co., Ltd. Announces Cash Dividend on H Shares for the Year 2022, Payable on 25 August 2023

Weichai Power Co., Ltd., Annual General Meeting, Jun 28, 2023

Weichai Power Co., Ltd. Announces Executive Changes

Investor sentiment improves as stock rises 18%

Full year 2022 earnings released: EPS: CN¥0.56 (vs CN¥1.10 in FY 2021)

Third quarter 2022 earnings released: EPS: CN¥0.11 (vs CN¥0.18 in 3Q 2021)

Sinotruk Jinan Power Co., Ltd. entered into agreement to acquire 30% equity interest in Weichai Power Freshen Air Technology Co., Ltd from Weichai Power Co., Ltd. for CNY 505.9345 million.

Weichai Power Co., Ltd. to Report Nine Months, 2022 Results on Oct 28, 2022

Weichai Power Co., Ltd. Announces Interim Cash Dividend, Payment Date Is 21 October 2022

Upcoming dividend of HK$0.11 per share

Weichai Power Co., Ltd. Appoints Wang Yanlei as Supervisor

Weichai Power Co., Ltd. Proposes Interim Dividend for the Period Ended 30 June 2022

Second quarter 2022 earnings released: EPS: CN¥0.15 (vs CN¥0.38 in 2Q 2021)

Weichai Power Co., Ltd. Declares Interim Dividend for the Period Ended 30 June 2022

Weichai Power Co., Ltd. Implements Final Dividend for 2021, Payable on August 26, 2022

Weichai Power Co., Ltd. to Report First Half, 2022 Results on Aug 30, 2022

Upcoming dividend of HK$0.22 per share

Weichai Power Co., Ltd. Announces Final Dividend for the Year Ended 31 December 2021, Payable on 26 August 2022

Weichai Power Co., Ltd. Provides Preliminary Unaudited Consolidated Group Earnings Guidance for the Six Months Ended June 30, 2022

Weichai Power Co., Ltd. Approves Cash Dividend for the Year 2021

Weichai Power Co., Ltd. Announces Resignation of Wu Hongwei as Supervisor

Weichai Power Co., Ltd. (SEHK:2338) completed the acquisition of an additional 22.69% stake in Weichai Lovol Heavy Industry Co., Ltd from Shandong Heavy Industry Group Co., Ltd.

Weichai Power Co., Ltd., Annual General Meeting, Jun 28, 2022

Weichai Power Co., Ltd. (SEHK:2338) announces an Equity Buyback for 87,265,568 shares, representing 1% for CNY 1,533 million.

First quarter 2022 earnings released: EPS: CN¥0.12 (vs CN¥0.42 in 1Q 2021)

Weichai Power Co., Ltd. (SEHK:2338) entered into an agreement to acquire an additional 22.69% stake in Weichai Lovol Heavy Industry Co., Ltd from Shandong Heavy Industry Group Co., Ltd. for CNY 1.58 billion.

Weichai Power Co., Ltd. to Report Q1, 2022 Results on Apr 29, 2022

Full year 2021 earnings released: EPS: CN¥1.10 (vs CN¥1.16 in FY 2020)

Weichai Power Co., Ltd. Announces Management Changes

Investor sentiment improved over the past week

Weichai Power Releases First Diesel Engine with a Base Engine Thermal Efficiency of 51.09%

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS CN¥0.17 (vs CN¥0.31 in 3Q 2020)

Second quarter 2021 earnings released: EPS CN¥0.38 (vs CN¥0.33 in 2Q 2020)

Investor sentiment improved over the past week

Weichai Power Co., Ltd. (SEHK : 2338) agreed to acquire a 38.62% stake in Weichai Lovol Heavy Industry Co., Ltd from Arbos Technology (Group) Co., Ltd. for approximately CNY 970 million.