Sino-Ocean Group Holding Management

Management criteria checks 2/4

Sino-Ocean Group Holding's CEO is Ming Li, appointed in Aug 2006, has a tenure of 17.67 years. total yearly compensation is CN¥9.13M, comprised of 58.1% salary and 41.9% bonuses, including company stock and options. directly owns 2.74% of the company’s shares, worth €8.98M. The average tenure of the management team and the board of directors is 1.7 years and 1.9 years respectively.

Key information

Ming Li

Chief executive officer

CN¥9.1m

Total compensation

CEO salary percentage	58.1%
CEO tenure	17.7yrs
CEO ownership	2.7%
Management average tenure	1.7yrs
Board average tenure	1.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ming Li's remuneration changed compared to Sino-Ocean Group Holding's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-CN¥21b
Sep 30 2023	n/a	n/a	-CN¥27b
Jun 30 2023	n/a	n/a	-CN¥33b
Mar 31 2023	n/a	n/a	-CN¥25b
Dec 31 2022	CN¥9m	CN¥5m	-CN¥16b
Sep 30 2022	n/a	n/a	-CN¥8b
Jun 30 2022	n/a	n/a	CN¥632m
Mar 31 2022	n/a	n/a	CN¥2b
Dec 31 2021	CN¥13m	CN¥5m	CN¥3b
Sep 30 2021	n/a	n/a	CN¥3b
Jun 30 2021	n/a	n/a	CN¥3b
Mar 31 2021	n/a	n/a	CN¥3b
Dec 31 2020	CN¥27m	CN¥6m	CN¥3b
Sep 30 2020	n/a	n/a	CN¥2b
Jun 30 2020	n/a	n/a	CN¥2b
Mar 31 2020	n/a	n/a	CN¥2b
Dec 31 2019	CN¥33m	CN¥6m	CN¥3b
Sep 30 2019	n/a	n/a	CN¥3b
Jun 30 2019	n/a	n/a	CN¥3b
Mar 31 2019	n/a	n/a	CN¥3b
Dec 31 2018	CN¥15m	CN¥6m	CN¥4b
Sep 30 2018	n/a	n/a	CN¥4b
Jun 30 2018	n/a	n/a	CN¥5b
Mar 31 2018	n/a	n/a	CN¥5b
Dec 31 2017	CN¥34m	CN¥6m	CN¥5b

Compensation vs Market: Ming's total compensation ($USD1.26M) is about average for companies of similar size in the German market ($USD1.04M).

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

CEO

Ming Li (60 yo)

17.7yrs

Tenure

CN¥9,130,000

Compensation

Mr. Ming Li serves as the Chief Executive Officer of Sino-Ocean Group Holding Limited (formerly, Sino-Ocean Land Holdings Ltd.), Sino-Ocean Holding Group (China) Limited (formerly known as Sino-Ocean Land...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Ming Li	CEO & Executive Chairman	17.7yrs	CN¥9.13m	2.74% CN¥ 9.0m
Hongjie Cui	GM of the Construction Management Center	5.2yrs	CN¥2.76m	0.0049% CN¥ 15.9k
Honghui Wang	Executive President & Executive Director	no data	CN¥3.07m	0.0036% CN¥ 11.8k
Juan Chai	Executive Director & President	1.3yrs	no data	no data
Nan Jiang	Chief Accountant	less than a year	no data	no data
Alice Li	Investor Relations Manager	no data	no data	no data
Pui Ying Sum	Company Secretary	1.7yrs	CN¥605.00k	no data

1.7yrs

Average Tenure

51yo

Average Age

Experienced Management: 3SD's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Ming Li	CEO & Executive Chairman	14.1yrs	CN¥9.13m	2.74% CN¥ 9.0m
Hongjie Cui	GM of the Construction Management Center	3.8yrs	CN¥2.76m	0.0049% CN¥ 15.9k
Honghui Wang	Executive President & Executive Director	4.1yrs	CN¥3.07m	0.0036% CN¥ 11.8k
Juan Chai	Executive Director & President	less than a year	no data	no data
Xiaojing Han	Independent Non-Executive Director	16.8yrs	CN¥411.00k	0.0060% CN¥ 19.8k
Qingjun Jin	Independent Non-Executive Director	8.1yrs	CN¥411.00k	0.0016% CN¥ 5.2k
Jinfeng Sun	Non-Executive Director	less than a year	no data	no data
Jingwei Liu	Independent Non-Executive Director	less than a year	no data	no data
Peng Zhao	Non-Executive Director	2.8yrs	no data	no data
Hongbin Lyu	Independent Non-Executive Director	1.1yrs	no data	no data
Zhongdang Zhang	Non-Executive Director	less than a year	no data	no data
Zhiqiang Yu	Non-Executive Director	less than a year	no data	no data

1.9yrs

Average Tenure

50.5yo

Average Age

Experienced Board: 3SD's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.

Sino-Ocean Group Holding Management

Management criteria checks 2/4

Key information

Recent management updates

Sino-Ocean Group Holding Limited, Annual General Meeting, May 24, 2024

Sino-Ocean Group Holding Limited Announces Resignation of SUM Pui Ying as Chief Financial Officer

Sino-Ocean Group Holding Limited Announces Change of Directors and Changes in Composition of Board Committees

Sino-Ocean Group Holding Limited Announces Company Secretary Changes, Effective August 13, 2022

Sino-Ocean Group Holding Limited Announces Change of Company Secretary, Effective April 13, 2022

Sino-Ocean Group Holding Limited Announces Change of Directors and Change in Composition of Board Committee

Recent updates

Full year 2023 earnings released: CN¥2.77 loss per share (vs CN¥2.09 loss in FY 2022)

Sino-Ocean Group Holding Limited, Annual General Meeting, May 24, 2024

Sino-Ocean Group Holding Limited to Report Fiscal Year 2023 Results on Mar 28, 2024

Sino-Ocean Group Holding Limited Announces Resignation of SUM Pui Ying as Chief Financial Officer

New major risk - Revenue and earnings growth

Huamao Property Holdings Ltd entered into a share transfer agreement to acquire additional 12.19% stake in Spring Asset Management Limited from Sino-Ocean Group Holding Limited (SEHK:3377).

Sino-Ocean Group Holding Limited(SEHK:3377) dropped from FTSE All-World Index (USD)

First half 2023 earnings released: CN¥2.41 loss per share (vs CN¥0.14 loss in 1H 2022)

Now 27% undervalued after recent price drop

Sino-Ocean Group Holding Limited to Report First Half, 2023 Results on Aug 24, 2023

Now 23% undervalued after recent price drop

Sino-Ocean Group Holding Limited Announces Change of Directors and Changes in Composition of Board Committees

Full year 2022 earnings released: CN¥2.09 loss per share (vs CN¥0.36 profit in FY 2021)

First half 2022 earnings released: CN¥0.14 loss per share (vs CN¥0.13 profit in 1H 2021)

Sino-Ocean Group Holding Limited Recommends Not to Declare an Interim Dividend for the Six Months Ended 30 June 2022

Sino-Ocean Group Holding Limited Provides Earnings Guidance for the Six Months Ended 30 June 2022

Sino-Ocean Group Holding Limited Provides Earnings Guidance for the Six Months Ended 30 June 2022

Sino-Ocean Group Holding Limited Announces Company Secretary Changes, Effective August 13, 2022

Upcoming dividend of HK$0.032 per share

Sino-Ocean Group Holding Limited Announces Change of Company Secretary, Effective April 13, 2022

Now 23% undervalued after recent price drop

Sino-Ocean Group Holding Limited announced that it expects to receive CNY 1.023829 billion in funding from Big Profit Creation Limited

Upcoming dividend of HK$0.055 per share

First half 2021 earnings released: EPS CN¥0.13 (vs CN¥0.16 in 1H 2020)

Non-Executive Director Fei Fu has left the company

Non-Executive Director Liling Li has left the company

Upcoming dividend of HK$0.09 per share

Full year 2020 earnings released: EPS CN¥0.38 (vs CN¥0.35 in FY 2019)

Full year 2020 earnings released: EPS CN¥0.38 (vs CN¥0.35 in FY 2019)

Sino-Ocean Group Holding Limited Announces Change of Directors and Change in Composition of Board Committee

Non-Executive Director has left the company

Sino-Ocean Group Holding Limited to Report Fiscal Year 2020 Results on Mar 23, 2021

First half earnings released

Earnings released

An investment consortium led by Sino-Ocean Group Holding Limited (SEHK:3377) entered into a sale and purchase agreement to acquire 9.8% stake in Spring Asset Management Limited from Mercuria Investment Co., Ltd. (TSE:7190).

Sino-Ocean Group Holding Limited to Report First Half, 2020 Results on Aug 17, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age