Modern Dental Group Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Godfrey Ngai

Chief executive officer

HK$5.6m

Total compensation

CEO salary percentage	100.0%
CEO tenure	11.8yrs
CEO ownership	10.4%
Management average tenure	7.6yrs
Board average tenure	9.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Godfrey Ngai's remuneration changed compared to Modern Dental Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	HK$6m	HK$6m	HK$404m
Sep 30 2023	n/a	n/a	HK$368m
Jun 30 2023	n/a	n/a	HK$332m
Mar 31 2023	n/a	n/a	HK$276m
Dec 31 2022	HK$5m	HK$5m	HK$220m
Sep 30 2022	n/a	n/a	HK$221m
Jun 30 2022	n/a	n/a	HK$221m
Mar 31 2022	n/a	n/a	HK$291m
Dec 31 2021	HK$5m	HK$5m	HK$361m
Sep 30 2021	n/a	n/a	HK$424m
Jun 30 2021	n/a	n/a	HK$487m
Mar 31 2021	n/a	n/a	HK$297m
Dec 31 2020	HK$4m	HK$4m	HK$108m
Sep 30 2020	n/a	n/a	HK$21m
Jun 30 2020	n/a	n/a	-HK$65m
Mar 31 2020	n/a	n/a	HK$48m
Dec 31 2019	HK$4m	HK$4m	HK$162m
Sep 30 2019	n/a	n/a	HK$134m
Jun 30 2019	n/a	n/a	HK$107m
Mar 31 2019	n/a	n/a	HK$96m
Dec 31 2018	HK$4m	HK$4m	HK$85m
Sep 30 2018	n/a	n/a	HK$111m
Jun 30 2018	n/a	n/a	HK$137m
Mar 31 2018	n/a	n/a	HK$146m
Dec 31 2017	HK$5m	HK$3m	HK$155m

Compensation vs Market: Godfrey's total compensation ($USD715.11K) is below average for companies of similar size in the German market ($USD1.30M).

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

CEO

Godfrey Ngai (75 yo)

11.8yrs

Tenure

HK$5,586,000

Compensation

Mr. Shing Kin Ngai, also known as Godfrey, serves as the Chief Executive Officer at Modern Dental Group Limited has been a director since 05 July, 2012 and has been designated as an executive Director sinc...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Yik Long Chan	Executive Chairman	9.6yrs	HK$5.01m	no data
Shing Kin Ngai	CEO & Executive Director	no data	HK$5.59m	10.35% HK$ 59.3m
Yik Yu Chan	Chief Marketing Officer & Executive Director	9.9yrs	HK$3.12m	no data
Kwun Fung Chan	Executive Director	3.2yrs	HK$3.34m	0.049% HK$ 282.0k
Kwun Pan Chan	Executive Director	3.2yrs	HK$3.34m	0.36% HK$ 2.1m
Chi Yuen Chan	Executive Director	no data	HK$3.11m	no data
Ngai Kit Kwan	CFO & Company Secretary	7.6yrs	no data	no data
August Wilhelm Torsten Schwafert	Chief Executive Officer of Modern Dental Europe BV	no data	no data	no data
Gregory Scialom	President of Labocast SAS	12.8yrs	no data	no data
James Squirrell	Chief Executive Officer of Modern Dental Pacific Pty Ltd	6.2yrs	no data	no data

7.6yrs

Average Tenure

49yo

Average Age

Experienced Management: 1MD's management team is seasoned and experienced (7.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Yik Long Chan	Executive Chairman	9.6yrs	HK$5.01m	no data
Shing Kin Ngai	CEO & Executive Director	11.8yrs	HK$5.59m	10.35% HK$ 59.3m
Yik Yu Chan	Chief Marketing Officer & Executive Director	9.7yrs	HK$3.12m	no data
Kwun Fung Chan	Executive Director	11.8yrs	HK$3.34m	0.049% HK$ 282.0k
Kwun Pan Chan	Executive Director	11.8yrs	HK$3.34m	0.36% HK$ 2.1m
Chi Yuen Chan	Executive Director	9.7yrs	HK$3.11m	no data
Yue Kwong Chan	Independent Non-Executive Director	8.5yrs	HK$327.00k	no data
Wai Bun Cheung	Independent Non-Executive Director	8.5yrs	HK$327.00k	no data
Wai Man Cheung	Independent Non-Executive Director	8.5yrs	HK$327.00k	no data
Ka Po Yau	Independent Non-Executive Director	3yrs	HK$327.00k	0.032% HK$ 181.6k

9.6yrs

Average Tenure

67.5yo

Average Age

Experienced Board: 1MD's board of directors are considered experienced (9.6 years average tenure).

Modern Dental Group Management

Management criteria checks 4/4

Key information

Recent management updates

Modern Dental Group Limited, Annual General Meeting, May 30, 2024

Less than half of directors are independent

Modern Dental Group Limited Announces Resignation of Ngai Chi Ho, Alwin as Vice-Chairman of the Board, an Executive Director and the Chief Operating Officer, Effective July 1, 2022

Less than half of directors are independent

Modern Dental Group Limited, Annual General Meeting, May 24, 2022

Independent Non-Executive Director recently bought €86k worth of stock

Recent updates

Modern Dental Group Limited, Annual General Meeting, May 30, 2024

Full year 2023 earnings released: EPS: HK$0.42 (vs HK$0.23 in FY 2022)

Full year 2023 earnings released: EPS: HK$0.42 (vs HK$0.23 in FY 2022)

Modern Dental Group Limited Proposes Final Dividend for the Year Ended 31 December 2023, Payable on 28 June 2024

Modern Dental Group Limited to Report Fiscal Year 2023 Results on Mar 26, 2024

Upcoming dividend of HK$0.06 per share at 2.5% yield

First half 2023 earnings released: EPS: HK$0.22 (vs HK$0.10 in 1H 2022)

Modern Dental Group Limited Announces Ordinary Interim (Semi-Annual) Dividend or the Six Months Ended 30 June 2023, Payment Date 10 October 2023

Modern Dental Group Limited to Report First Half, 2023 Results on Aug 29, 2023

New minor risk - Share price stability

Upcoming dividend of HK$0.044 per share at 3.5% yield

Now 23% undervalued after recent price drop

Full year 2022 earnings released: EPS: HK$0.23 (vs HK$0.38 in FY 2021)

Now 21% undervalued

Now 20% undervalued

Less than half of directors are independent

Upcoming dividend of HK$0.037 per share

First half 2022 earnings released: EPS: HK$0.10 (vs HK$0.25 in 1H 2021)

Modern Dental Group Limited Announces Interim Dividend for the Six Months Ended 30 June 2022, Payable on 11 October 2022

Modern Dental Group Limited to Report First Half, 2022 Results on Aug 30, 2022

Modern Dental Group Limited Provides Group Earnings Guidance for the Six Months Ended 30 June 2022

Modern Dental Group Limited Announces Resignation of Ngai Chi Ho, Alwin as Vice-Chairman of the Board, an Executive Director and the Chief Operating Officer, Effective July 1, 2022

Upcoming dividend of HK$0.044 per share

Less than half of directors are independent

Modern Dental Group Limited, Annual General Meeting, May 24, 2022

Full year 2021 earnings released: EPS: HK$0.38 (vs HK$0.11 in FY 2020)

Modern Dental Group Limited Announces Final Dividend for the Year Ended 31 December 2021, Payment Date is 22 June 2022

First half 2021 earnings released: EPS HK$0.25 (vs HK$0.14 loss in 1H 2020)

Independent Non-Executive Director recently bought €86k worth of stock

Upcoming dividend of HK$0.13 per share

First half 2021 earnings released: EPS HK$0.25 (vs HK$0.14 loss in 1H 2020)

Investor sentiment improved over the past week

Independent Non-Executive Director recently bought €73k worth of stock

Modern Dental Group Limited (SEHK : 3600) acquired Swift Dental Laboratory for AUD 1.3 million.

Independent Non-Executive Director Ho Ching Wong has left the company

Upcoming dividend of HK$0.07 per share

Full year 2020 earnings released: EPS HK$0.11 (vs HK$0.17 in FY 2019)

Modern Dental Group Limited Recommends Final Dividend for the Year Ended December 31, 2020, Payable on June 28, 2021

Full year 2020 earnings released: EPS HK$0.11 (vs HK$0.17 in FY 2019)

Modern Dental Group Limited to Report Fiscal Year 2020 Results on Mar 30, 2021

First half earnings released

Modern Dental Group Limited Announce Not to Recommend the Payment of an Interim Dividend for the Six Months Ended 30 June 2020

First half earnings released

Modern Dental Group Limited to Report Q2, 2021 Results on Aug 28, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age