China Merchants Bank Co., Ltd.

SEHK:3968 Stock Report

Market Cap: HK$1.0t

China Merchants Bank Management

Management criteria checks 3/4

China Merchants Bank's CEO is Liang Wang, appointed in Jun 2022, has a tenure of 2.5 years. total yearly compensation is CN¥3.45M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0.001% of the company’s shares, worth HK$12.46M. The average tenure of the management team and the board of directors is 1.9 years and 4.8 years respectively.

Key information

Liang Wang

Chief executive officer

CN¥3.5m

Total compensation

CEO salary percentage100.0%
CEO tenure2.5yrs
CEO ownership0.001%
Management average tenure1.9yrs
Board average tenure4.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Liang Wang's remuneration changed compared to China Merchants Bank's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

CN¥141b

Jun 30 2024n/an/a

CN¥141b

Mar 31 2024n/an/a

CN¥141b

Dec 31 2023CN¥3mCN¥3m

CN¥142b

Sep 30 2023n/an/a

CN¥138b

Jun 30 2023n/an/a

CN¥137b

Mar 31 2023n/an/a

CN¥136b

Dec 31 2022CN¥6mCN¥4m

CN¥133b

Sep 30 2022n/an/a

CN¥130b

Jun 30 2022n/an/a

CN¥125b

Mar 31 2022n/an/a

CN¥120b

Dec 31 2021CN¥3mCN¥3m

CN¥116b

Sep 30 2021n/an/a

CN¥113b

Jun 30 2021n/an/a

CN¥107b

Mar 31 2021n/an/a

CN¥100b

Dec 31 2020CN¥3mCN¥3m

CN¥96b

Sep 30 2020n/an/a

CN¥91b

Jun 30 2020n/an/a

CN¥90b

Mar 31 2020n/an/a

CN¥94b

Dec 31 2019CN¥3mCN¥3m

CN¥91b

Sep 30 2019n/an/a

CN¥89b

Jun 30 2019n/an/a

CN¥85b

Mar 31 2019n/an/a

CN¥81b

Dec 31 2018n/an/a

CN¥79b

Sep 30 2018n/an/a

CN¥79b

Jun 30 2018n/an/a

CN¥76b

Mar 31 2018n/an/a

CN¥73b

Dec 31 2017CN¥4mn/a

CN¥70b

Compensation vs Market: Liang's total compensation ($USD473.12K) is below average for companies of similar size in the Hong Kong market ($USD893.55K).

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

CEO

Liang Wang (59 yo)

2.5yrs

Tenure

CN¥3,453,000

Compensation

Mr. Liang Wang had been the Secretary of the Board at China Merchants Bank Co., Ltd. since August 19, 2021 until April 28, 2023 and also serves as its President and Chief Executive Officer since June 2022....

Leadership Team

NamePositionTenureCompensationOwnership
Liang Wang
President2.5yrsCN¥3.45m0.0012%
HK$ 12.5m
Jiawen Peng
Company Secretary1.8yrsCN¥2.41m0.00088%
HK$ 9.2m
Chaoyang Jiang
Chief Information Officer5.1yrsCN¥2.77m0.00092%
HK$ 9.6m
Wang Yungui
Executive Vice President5.5yrsCN¥2.87m0.00083%
HK$ 8.7m
Jiangtao Zhu
Chief Risk Officer4.4yrsCN¥2.82m0.00079%
HK$ 8.3m
Desheng Zhong
Executive Vice President & Executive Director1.9yrsCN¥2.63m0.00070%
HK$ 7.3m
Xiaoqing Wang
Executive Vice President1.4yrsCN¥1.23m0.00025%
HK$ 2.6m
Ying Wang
Executive Assistant President1.8yrsCN¥2.41m0.00091%
HK$ 9.5m
Mingjie Xu
Executive Assistant President1.1yrsCN¥148.50k0.00079%
HK$ 8.3m
Caihua Lei
Executive Assistant President1.1yrsCN¥149.10k0.0010%
HK$ 11.0m
Li Li
General Manager of Finance & Accounting Departmentno datano datano data
Weirong Hou
President of Corporate Finance Departmentno datano datano data

1.9yrs

Average Tenure

55.5yo

Average Age

Experienced Management: 3968's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Liang Wang
President5.3yrsCN¥3.45m0.0012%
HK$ 12.5m
Jiangtao Zhu
Chief Risk Officer1.3yrsCN¥2.82m0.00079%
HK$ 8.3m
Desheng Zhong
Executive Vice President & Executive Directorless than a yearCN¥2.63m0.00070%
HK$ 7.3m
See Hong Wong
Independent Non-Executive Director7.8yrsCN¥500.00kno data
Jianmin Miao
Non-Executive Chairman of Board4.3yrsno datano data
Hui Liu
Non-Executive Directorless than a yearCN¥1.09mno data
Qiao Liu
Independent Non-Executive Director6.1yrsCN¥500.00kno data
Liwei Zhu
Non-Executive Directorless than a yearno datano data
Jian Zhang
Non-Executive Director8.1yrsno datano data
Menggang Li
Independent Non-Executive Director6.1yrsCN¥500.00kno data
Hongqi Tian
Independent Non-Executive Director5.3yrsCN¥500.00kno data
Chaoxian Li
Independent Non-Executive Director3.3yrsCN¥500.00kno data

4.8yrs

Average Tenure

58yo

Average Age

Experienced Board: 3968's board of directors are considered experienced (4.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 21:56
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

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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

China Merchants Bank Co., Ltd. is covered by 83 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yu Hang AuABCI Securities Company Limited
Yi GuoAvic Securities Co., Ltd
Meizhi YanBarclays