Hang Lung Group Management

Management criteria checks 3/4

Hang Lung Group's CEO is Weber Lo, appointed in Jul 2018, has a tenure of 6.5 years. total yearly compensation is HK$33.50M, comprised of 61.5% salary and 38.5% bonuses, including company stock and options. directly owns 0.034% of the company’s shares, worth €594.50K. The average tenure of the management team and the board of directors is 3.2 years and 9.6 years respectively.

Key information

Weber Lo

Chief executive officer

HK$33.5m

Total compensation

CEO salary percentage	61.5%
CEO tenure	6.5yrs
CEO ownership	0.03%
Management average tenure	3.2yrs
Board average tenure	9.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Weber Lo's remuneration changed compared to Hang Lung Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	HK$2b
Mar 31 2024	n/a	n/a	HK$2b
Dec 31 2023	HK$34m	HK$21m	HK$3b
Sep 30 2023	n/a	n/a	HK$3b
Jun 30 2023	n/a	n/a	HK$3b
Mar 31 2023	n/a	n/a	HK$3b
Dec 31 2022	HK$33m	HK$20m	HK$3b
Sep 30 2022	n/a	n/a	HK$3b
Jun 30 2022	n/a	n/a	HK$3b
Mar 31 2022	n/a	n/a	HK$3b
Dec 31 2021	HK$34m	HK$19m	HK$3b
Sep 30 2021	n/a	n/a	HK$2b
Jun 30 2021	n/a	n/a	HK$2b
Mar 31 2021	n/a	n/a	HK$11m
Dec 31 2020	HK$36m	HK$19m	-HK$2b
Sep 30 2020	n/a	n/a	-HK$14m
Jun 30 2020	n/a	n/a	HK$2b
Mar 31 2020	n/a	n/a	HK$4b
Dec 31 2019	HK$37m	HK$19m	HK$7b
Sep 30 2019	n/a	n/a	HK$6b
Jun 30 2019	n/a	n/a	HK$6b
Mar 31 2019	n/a	n/a	HK$6b
Dec 31 2018	HK$33m	HK$11m	HK$5b

Compensation vs Market: Weber's total compensation ($USD4.31M) is above average for companies of similar size in the German market ($USD1.57M).

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

CEO

Weber Lo (53 yo)

6.5yrs

Tenure

HK$33,500,000

Compensation

Mr. Wai Pak Lo, also known as Weber, has been an Executive Director of Hang Lung Group Limited and Hang Lung Properties Limited since May 16, 2018. Mr. Lo served as Chairman of Citibank (China) Co., Ltd. H...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Wenbwo Chan	Executive Chair of the Board	8.2yrs	HK$22.20m	0.055% € 969.4k
Wai Pak Lo	CEO & Executive Director	6.5yrs	HK$33.50m	0.034% € 594.5k
Ka Kui Chiu	CFO & Executive Director	2.8yrs	HK$10.10m	no data
Chuk Fai Kwan	Assistant Director - Corporate Communications	no data	no data	no data
Yuen Wah Ma	Director – General Counsel & Company Secretary	3.6yrs	no data	no data

3.2yrs

Average Tenure

50.5yo

Average Age

Experienced Management: HLU's management team is considered experienced (3.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Wenbwo Chan	Executive Chair of the Board	8.2yrs	HK$22.20m	0.055% € 969.4k
Wai Pak Lo	CEO & Executive Director	6.7yrs	HK$33.50m	0.034% € 594.5k
Ka Kui Chiu	CFO & Executive Director	3.3yrs	HK$10.10m	no data
Chichung Chan	Honorary Chair	less than a year	HK$46.90m	0.87% € 15.2m
Sik On Ip	Independent Non-Executive Director	26.5yrs	HK$1.20m	no data
Ka Ki Chang	Non-Executive Director	9.8yrs	HK$1.00m	no data
Lokchung L. Chan	Non-Executive Director	39yrs	HK$800.00k	no data
Lap-Chee Tsui	Independent Non-Executive Director	10.2yrs	HK$1.00m	no data
Pak Wai Liu	Independent Non-Executive Director	9.8yrs	HK$1.20m	no data
Cheung Kong Liao	Independent Non-Executive Director	10.2yrs	HK$900.00k	no data
Siew Boi Tan	Independent Non-Executive Director	less than a year	no data	no data
Yang Chung Chen	Non-Executive Director	9.3yrs	HK$800.00k	no data

9.6yrs

Average Tenure

70yo

Average Age

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

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/05 13:37
End of Day Share Price	2025/01/03 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Hang Lung Group Limited is covered by 9 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Andrew Lawrence	Barclays
Manfred Ho	BOCI Research Ltd.
Cusson Leung	Credit Suisse

Hang Lung Group Management

Management criteria checks 3/4

Key information

Recent management updates

Hang Lung Group Limited Announces Audit Committee Changes, Effective July 1, 2024

Executive Vice Chair of the Board recently bought €230k worth of stock

Hang Lung Properties Limited and Hang Lung Group Limited Announce Retirement of Mr. Ronnie Chichung Chan as the Chair, an Executive Director, and the Chair of Executive Committees, with Effect from April 26, 2024

Hang Lung Group Limited Appoints Ms. May Siew Boi Tan as an Independent Non-Executive Director, with Effect from March 20, 2024

Less than half of directors are independent

CEO & Executive Director recently bought €83k worth of stock

Recent updates

Hang Lung Group Limited to Report Fiscal Year 2024 Results on Jan 24, 2025

Investor sentiment improves as stock rises 17%

First half 2024 earnings released: EPS: HK$0.65 (vs HK$1.24 in 1H 2023)

Upcoming dividend of HK$0.21 per share

First half 2024 earnings released: EPS: HK$0.65 (vs HK$1.24 in 1H 2023)

New minor risk - Profit margin trend

New minor risk - Share price stability

Hang Lung Group Limited to Report First Half, 2024 Results on Jul 30, 2024

Hang Lung Group Limited Announces Audit Committee Changes, Effective July 1, 2024

Full year 2023 earnings released: EPS: HK$2.06 (vs HK$2.00 in FY 2022)

Executive Vice Chair of the Board recently bought €230k worth of stock

Final dividend of HK$0.65 announced

Hang Lung Properties Limited and Hang Lung Group Limited Announce Retirement of Mr. Ronnie Chichung Chan as the Chair, an Executive Director, and the Chair of Executive Committees, with Effect from April 26, 2024

Full year 2023 earnings released: EPS: HK$2.06 (vs HK$2.00 in FY 2022)

Hang Lung Group Limited Appoints Ms. May Siew Boi Tan as an Independent Non-Executive Director, with Effect from March 20, 2024

Hang Lung Group Limited to Report Fiscal Year 2023 Results on Jan 30, 2024

Upcoming dividend of HK$0.21 per share at 7.8% yield

First half 2023 earnings released: EPS: HK$1.24 (vs HK$1.06 in 1H 2022)

Hang Lung Group Limited Announces Interim Dividend for the Six Months Ended 30 June 2023, Payable on 29 September 2023

Hang Lung Group Limited to Report First Half, 2023 Results on Jul 31, 2023

Upcoming dividend of HK$0.65 per share at 6.3% yield

Full year 2022 earnings released: EPS: HK$2.00 (vs HK$1.90 in FY 2021)

Now 20% undervalued

Full year 2022 earnings released: EPS: HK$2.00 (vs HK$1.90 in FY 2021)

Hang Lung Group Limited Proposes Final Dividend for the Year Ended 31 December 2022, Payable on 19 May 2023

Less than half of directors are independent

First half 2022 earnings released: EPS: HK$1.06 (vs HK$1.11 in 1H 2021)

Upcoming dividend of HK$0.21 per share

CEO & Executive Director recently bought €83k worth of stock

First half 2022 earnings released

Hang Lung Group Limited Announces Interim Dividend for the Six Months Ended 30 June 2022, Payable on 29 September 2022

Hang Lung Group Limited to Report First Half, 2022 Results on Jul 28, 2022

Hang Lung Group Limited Approves Final Dividend

Less than half of directors are independent

Upcoming dividend of HK$0.65 per share

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Hang Lung Group Limited Proposes Final Dividend for the Year Ended December 31, 2021, Payable on May 19, 2022

First half 2021 earnings released: EPS HK$1.11 (vs HK$1.17 loss in 1H 2020)

CEO & Executive Director recently bought €307k worth of stock

Upcoming dividend of HK$0.21 per share

CFO & Executive Director recently bought €61k worth of stock

First half 2021 earnings released: EPS HK$1.11 (vs HK$1.17 loss in 1H 2020)

Director of General Counsel has left the company

Hang Lung Group Limited Declares Final Dividend for the Year 2020

Upcoming dividend of HK$0.63 per share

Full year 2020 earnings released: HK$1.13 loss per share (vs HK$5.01 profit in FY 2019)

Full year 2020 earnings released: HK$1.13 loss per share (vs HK$5.01 profit in FY 2019)

Hang Lung Group Limited, Annual General Meeting, Apr 30, 2021

New 90-day high: €2.26

Hang Lung Group Limited to Report Fiscal Year 2020 Results on Jan 28, 2021

Hang Lung Group Limited Enters into the Lease Agreement as Tenant with Hang Lung as the Landlord

New 90-day low: €1.88

New 90-day low: €1.94

First half earnings released

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources