Industrial Bank Co., Ltd.

XSSC:601166 Stock Report

Market Cap: CN¥386.4b

Industrial Bank Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Xinjian Chen

Chief executive officer

CN¥1.7m

Total compensation

CEO salary percentage66.6%
CEO tenure1.3yrs
CEO ownershipn/a
Management average tenure1.6yrs
Board average tenure1.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Xinjian Chen's remuneration changed compared to Industrial Bank's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

CN¥71b

Jun 30 2024n/an/a

CN¥73b

Mar 31 2024n/an/a

CN¥72b

Dec 31 2023CN¥2mCN¥1m

CN¥73b

Sep 30 2023n/an/a

CN¥80b

Jun 30 2023n/an/a

CN¥85b

Mar 31 2023n/an/a

CN¥85b

Dec 31 2022CN¥2mCN¥1m

CN¥87b

Sep 30 2022n/an/a

CN¥86b

Jun 30 2022n/an/a

CN¥83b

Mar 31 2022n/an/a

CN¥82b

Dec 31 2021CN¥1mn/a

CN¥78b

Sep 30 2021n/an/a

CN¥76b

Jun 30 2021n/an/a

CN¥71b

Mar 31 2021n/an/a

CN¥67b

Dec 31 2020CN¥1mCN¥856k

CN¥64b

Sep 30 2020n/an/a

CN¥61b

Jun 30 2020n/an/a

CN¥59b

Mar 31 2020n/an/a

CN¥66b

Dec 31 2019CN¥1mn/a

CN¥64b

Sep 30 2019n/an/a

CN¥63b

Jun 30 2019n/an/a

CN¥61b

Mar 31 2019n/an/a

CN¥61b

Dec 31 2018CN¥948kn/a

CN¥59b

Sep 30 2018n/an/a

CN¥59b

Jun 30 2018n/an/a

CN¥58b

Mar 31 2018n/an/a

CN¥57b

Dec 31 2017CN¥902kn/a

CN¥56b

Compensation vs Market: Xinjian's total compensation ($USD230.48K) is below average for companies of similar size in the CN market ($USD369.62K).

Compensation vs Earnings: Xinjian's compensation has been consistent with company performance over the past year.

CEO

Xinjian Chen (57 yo)

1.3yrs

Tenure

CN¥1,679,200

Compensation

Mr. Xinjian Chen has been Vice Chairman of the board and President at Industrial Bank Co., Ltd. since October 11, 2023 and served as Chairman of the Board of Supervisors at Industrial Bank Co., Ltd. since...

Leadership Team

NamePositionTenureCompensationOwnership
Jiajin Lyu
Executive Chairman of the Board3.4yrsCN¥3.37mno data
Xinjian Chen
Vice Chairman & President1.3yrsCN¥1.68mno data
Xiongpeng Sun
VP & Executive Director8.3yrsCN¥1.53mno data
Min Zhang
Vice President1.8yrsCN¥1.44mno data
Ting Zhang
Vice President1.8yrsCN¥1.42mno data
Furong Lai
GM of Planning & Finance Departmentno dataCN¥3.14mno data
Tang Jiacai
Chief Information Officerless than a yearno datano data

1.6yrs

Average Tenure

56yo

Average Age

Experienced Management: 601166's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Jiajin Lyu
Executive Chairman of the Board3.4yrsCN¥3.37mno data
Xinjian Chen
Vice Chairman & President1.3yrsCN¥1.68mno data
Xiongpeng Sun
VP & Executive Director3.4yrsCN¥1.53mno data
Shenlin Ben
Independent Director3.4yrsCN¥296.20kno data
Lin Xu
Independent Director3.4yrsCN¥300.00kno data
Hongmei Wang
Independent Director2.9yrsCN¥280.00kno data
Kun Zhu
Non-Executive Directorless than a yearno datano data
Lijian Qiao
Director1.3yrsno datano data
Gongxian Chen
Non Executive Directorless than a yearno datano data
Xuewen Zhang
Independent Director1.3yrsCN¥73.30kno data
Zhang Wei
Proposed Non-Executive Directorless than a yearno datano data
Huang Hanchun
Proposed Non-Executive Directorless than a yearno datano data

1.3yrs

Average Tenure

57yo

Average Age

Experienced Board: 601166's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 08:45
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Industrial Bank Co., Ltd. is covered by 50 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Judy ZhangBNP Paribas Securities (Asia)
Wenzhou HuBOCI Research Ltd.
Li WanBOCOM International Securities Limited