Befar GroupLtd Management

Management criteria checks 3/4

Befar GroupLtd's CEO is Yuan Bin Ren, appointed in Dec 2021, has a tenure of 2.92 years. directly owns 0.15% of the company’s shares, worth CN¥11.83M. The average tenure of the management team and the board of directors is 6.3 years and 2.9 years respectively.

Key information

Yuan Bin Ren

Chief executive officer

CN¥1.2m

Total compensation

CEO salary percentage	n/a
CEO tenure	2.9yrs
CEO ownership	0.1%
Management average tenure	6.3yrs
Board average tenure	2.9yrs

Recent management updates

Recent updates

Weak Statutory Earnings May Not Tell The Whole Story For Befar GroupLtd (SHSE:601678)

Sep 05

CEO

Yuan Bin Ren (55 yo)

2.9yrs

Tenure

CN¥1,158,100

Compensation

Mr. Yuan Bin Ren is President & Director of Befar Group Co.,Ltd from December 06, 2021. He was Deputy General Manager of Befar Group Co.,Ltd.

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Yuan Bin Ren	President & Director	2.9yrs	CN¥1.16m	0.15% CN¥ 11.8m
Xiang Jin Kong	Chief Financial Officer	17.2yrs	CN¥410.90k	0.054% CN¥ 4.4m
Hong An Liu	Senior VP & Director	6.3yrs	CN¥1.98m	0.18% CN¥ 14.2m
Feng Jiu Xu	Senior Vice President	9.8yrs	CN¥795.80k	0.035% CN¥ 2.8m
Zhen Jun Yang	Senior Vice President	6.7yrs	CN¥1.15m	no data
Hongbo Dong	Senior Vice President	2.9yrs	CN¥1.16m	0.00050% CN¥ 40.1k
Fang Li	Board Secretary & GM of the Securities Affairs Department	2.9yrs	CN¥835.40k	no data

6.3yrs

Average Tenure

53yo

Average Age

Experienced Management: 601678's management team is seasoned and experienced (6.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Yuan Bin Ren	President & Director	2.9yrs	CN¥1.16m	0.15% CN¥ 11.8m
Hong An Liu	Senior VP & Director	2.9yrs	CN¥1.98m	0.18% CN¥ 14.2m
Zhongzheng Zhang	Director	17.2yrs	no data	5.94% CN¥ 476.5m
Jiang Yu	Chairman	11.8yrs	CN¥2.69m	0.78% CN¥ 63.0m
Jin Fu Yan	Supervisor	13.8yrs	no data	0.000020% CN¥ 1.6k
Wenfeng Li	Independent Director	2.9yrs	CN¥139.20k	no data
Leilei Chen	Employee Supervisor	3.7yrs	no data	0.00069% CN¥ 55.4k
Haixia Li	Independent Director	2.9yrs	CN¥139.20k	no data
Yinping Hao	Independent Director	2.9yrs	CN¥139.20k	no data
Xiao Han	Supervisor	2.9yrs	no data	no data

2.9yrs

Average Tenure

51yo

Average Age

Experienced Board: 601678's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.

Befar GroupLtd Management

Management criteria checks 3/4

Key information

Recent management updates

Befar Group Co.,Ltd, Annual General Meeting, May 21, 2024

Befar Group Co.,Ltd, Annual General Meeting, May 21, 2024

Less than half of directors are independent

Less than half of directors are independent

Recent updates

Third quarter 2024 earnings released: EPS: CN¥0.057 (vs CN¥0.058 in 3Q 2023)

Befar Group Co.,Ltd to Report Q3, 2024 Results on Oct 31, 2024

Investor sentiment improves as stock rises 18%

Befar Group Co.,Ltd (SHSE:601678) announces an Equity Buyback for CNY 150 million worth of its shares.

Weak Statutory Earnings May Not Tell The Whole Story For Befar GroupLtd (SHSE:601678)

Second quarter 2024 earnings released

Second quarter 2024 earnings released: EPS: CN¥0.038 (vs CN¥0.04 in 2Q 2023)

Befar Group Co.,Ltd to Report First Half, 2024 Results on Aug 30, 2024

Dividend of CN¥0.05 announced

Befar GroupLtd (SHSE:601678) Seems To Be Using A Lot Of Debt

Befar Group Co.,Ltd, Annual General Meeting, May 21, 2024

First quarter 2024 earnings released: EPS: CN¥0.01 (vs CN¥0.04 in 1Q 2023)

Befar Group Co.,Ltd, Annual General Meeting, May 21, 2024

Befar Group Co.,Ltd to Report Q1, 2024 Results on Apr 27, 2024

Befar GroupLtd (SHSE:601678) Will Want To Turn Around Its Return Trends

Earnings Working Against Befar Group Co.,Ltd's (SHSE:601678) Share Price

Investor sentiment improves as stock rises 18%

Befar Group Co.,Ltd to Report Fiscal Year 2023 Results on Apr 27, 2024

Third quarter 2023 earnings released: EPS: CN¥0.058 (vs CN¥0.16 in 3Q 2022)

Befar Group Co.,Ltd to Report Q3, 2023 Results on Oct 31, 2023

Second quarter 2023 earnings released: EPS: CN¥0.04 (vs CN¥0.13 in 2Q 2022)

Befar Group Co.,Ltd to Report First Half, 2023 Results on Aug 30, 2023

First quarter 2023 earnings released: EPS: CN¥0.04 (vs CN¥0.22 in 1Q 2022)

Befar Group Co.,Ltd (SHSE:601678) announces an Equity Buyback for CNY 100 million worth of its shares.

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: CN¥0.16 (vs CN¥0.22 in 3Q 2021)

Befar Group Co.,Ltd announced that it expects to receive CNY 2 billion in funding

Second quarter 2022 earnings released: EPS: CN¥0.13 (vs CN¥0.26 in 2Q 2021)

Less than half of directors are independent

Now 22% undervalued after recent price drop

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS CN¥0.22 (vs CN¥0.15 in 3Q 2020)

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Price target increased to CN¥11.71

Second quarter 2021 earnings released: EPS CN¥0.26 (vs CN¥0.012 loss in 2Q 2020)

Investor sentiment improved over the past week

Second quarter 2021 earnings released: EPS CN¥0.26 (vs CN¥0.012 loss in 2Q 2020)

Consensus forecasts updated

Investor sentiment improved over the past week

Investor sentiment improved over the past week

First quarter 2021 earnings released: EPS CN¥0.30 (vs CN¥0.02 in 1Q 2020)

New 90-day low: CN¥4.99

New 90-day high: CN¥5.90

Third quarter earnings released

Befar Group Co.,Ltd to Report Q3, 2020 Results on Oct 30, 2020

New 90-day high: CN¥5.70

Earnings released

First half earnings released

New 90-day high - CN¥4.95

Befar Group Co.,Ltd to Report First Half, 2020 Results on Aug 26, 2020

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age