Wushang Group Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Qin Qin

Chief executive officer

CN¥2.1m

Total compensation

CEO salary percentage	n/a
CEO tenure	6.9yrs
CEO ownership	n/a
Management average tenure	4.2yrs
Board average tenure	3.8yrs

Recent management updates

Recent updates

Wushang Group's (SZSE:000501) Anemic Earnings Might Be Worse Than You Think

Apr 09

CEO

Qin Qin (53 yo)

6.9yrs

Tenure

CN¥2,139,500

Compensation

Ms. Qin Qin has been Non-Independent Director of Wushang Group Co., Ltd. (formerly known as Wuhan Department Store Group Co., Ltd.) since June 28, 2017 and serves as its General Manager.

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Qin Qin	GM & Non-Independent Director	no data	CN¥2.14m	no data
Xuan Li	Secretary of the Board	no data	CN¥1.88m	0.038% CN¥ 2.2m
Xi Zhu	Deputy General Manager	4.2yrs	CN¥1.62m	0.013% CN¥ 745.5k
Bin Wang	Deputy General Manager	6.9yrs	CN¥1.88m	no data
Quanbin Wu	Deputy General Manager	3.8yrs	CN¥1.62m	no data
Haifang Wu	Chairman of the Board of Supervisors	no data	no data	0.034% CN¥ 2.0m

4.2yrs

Average Tenure

52.5yo

Average Age

Experienced Management: 000501's management team is considered experienced (4.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Qin Qin	GM & Non-Independent Director	6.9yrs	CN¥2.14m	no data
Haifang Wu	Chairman of the Board of Supervisors	3.8yrs	no data	0.034% CN¥ 2.0m
Jun Chen	Chairman	6.9yrs	CN¥2.37m	0.034% CN¥ 2.0m
Ke Wu	Independent Director	6.9yrs	CN¥96.00k	no data
Qinfang Yue	Independent Director	6.9yrs	CN¥96.00k	no data
Xiangmin Lu	Non-Independent Director	3.8yrs	CN¥335.40k	0.0027% CN¥ 155.7k
Panhua Xu	Non-Independent Director	3.8yrs	no data	no data
Jianxin Tang	Independent Director	3.8yrs	CN¥96.00k	no data
Dongping Zheng	Independent Director	3.8yrs	CN¥96.00k	no data
Ping Xu	Non-Independent Director	3.8yrs	CN¥676.60k	no data
Jun Tang	Non-Independent Director	3yrs	no data	no data
Hongxiang Pan	Non-Independent Director	less than a year	no data	no data

3.8yrs

Average Tenure

53yo

Average Age

Experienced Board: 000501's board of directors are considered experienced (3.8 years average tenure).

Wushang Group Management

Management criteria checks 3/4

Key information

Recent management updates

Wushang Group Co., Ltd., Annual General Meeting, May 20, 2024

Wushang Group Co., Ltd. Announces Executive Appointments

Wushang Group Co., Ltd. Announces Executive Appointments

Wushang Group Co., Ltd., Annual General Meeting, May 19, 2023

High number of new directors

High number of new directors

Recent updates

Wushang Group Co., Ltd., Annual General Meeting, May 20, 2024

First quarter 2024 earnings released: EPS: CN¥0.18 (vs CN¥0.17 in 1Q 2023)

Wushang Group's (SZSE:000501) Anemic Earnings Might Be Worse Than You Think

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Wushang Group Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024

Wushang Group Co., Ltd. to Report Fiscal Year 2023 Results on Mar 30, 2024

Consensus EPS estimates fall by 23%

New minor risk - Earnings quality

Third quarter 2023 earnings released: EPS: CN¥0.002 (vs CN¥0.081 in 3Q 2022)

Wushang Group Co., Ltd. Announces Executive Appointments

Wushang Group Co., Ltd. Announces Executive Appointments

Second quarter 2023 earnings released: CN¥0.019 loss per share (vs CN¥0.12 profit in 2Q 2022)

Wushang Group Co., Ltd. Announces Final Dividend on A Shares for the Year 2022, Payable on June 16, 2023

Wushang Group Co., Ltd. Approves 2022 Profit Distribution Plan

Wushang Group Co., Ltd., Annual General Meeting, May 19, 2023

Price target increased by 19% to CN¥11.30

High number of new directors

Consensus forecasts updated

Third quarter 2022 earnings released: EPS: CN¥0.081 (vs CN¥0.12 in 3Q 2021)

Price target decreased to CN¥9.50

Second quarter 2022 earnings released: EPS: CN¥0.12 (vs CN¥0.24 in 2Q 2021)

High number of new directors

Wushang Group Co., Ltd. Announces 2021 Final Profit Distribution Plan, Payable on 18 May 2022

Consensus EPS estimates fall by 15%

First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Price target decreased to CN¥10.30

High number of new directors

Wuhan Department Store Group Co., Ltd. Approves Cash Dividend

Consensus revenue estimates fall by 19%

Wuhan Department Store Group Co., Ltd., Annual General Meeting, Apr 20, 2022

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

Wuhan Department Store Group Co., Ltd. Proposes Final Cash Dividend for 2021

Consensus forecasts updated

Third quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.32 in 3Q 2020)

Second quarter 2021 earnings released: EPS CN¥0.24 (vs CN¥0.29 in 2Q 2020)

Wuhan Department Store Group Co., Ltd. Approves Final Dividend for Year 2020

First quarter 2021 earnings released: EPS CN¥0.35 (vs CN¥0.29 loss in 1Q 2020)

Price target decreased to CN¥14.50

Full year 2020 earnings released: EPS CN¥0.71 (vs CN¥1.60 in FY 2019)

Wuhan Department Store Group Co., Ltd. to Report Fiscal Year 2020 Results on Mar 30, 2021

New 90-day low: CN¥10.39

New 90-day low: CN¥11.52

New 90-day low: CN¥12.07

New 90-day low: CN¥12.95

Analysts lower EPS estimates to CN¥0.58

Third quarter earnings released

New 90-day low: CN¥14.63

New 90-day low: CN¥14.94

Analysts lower revenue estimates to CN¥10.2b

Price target raised to CN¥17.92

First half earnings released

Wuhan Department Store Group Co., Ltd. to Report First Half, 2020 Results on Aug 29, 2020

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age