New Times Energy Management
Management criteria checks 2/4
New Times Energy's CEO is John Tang, appointed in Jun 2017, has a tenure of 6.92 years. total yearly compensation is HK$9.48M, comprised of 31.6% salary and 68.4% bonuses, including company stock and options. directly owns 0.57% of the company’s shares, worth HK$4.25M. The average tenure of the management team and the board of directors is 6.9 years and 9 years respectively.
Key information
John Tang
Chief executive officer
HK$9.5m
Total compensation
CEO salary percentage | 31.6% |
CEO tenure | 6.9yrs |
CEO ownership | 0.6% |
Management average tenure | 6.9yrs |
Board average tenure | 9yrs |
Recent management updates
Recent updates
New Times Energy (HKG:166) Will Be Hoping To Turn Its Returns On Capital Around
Oct 13New Times Energy (HKG:166) Might Have The Makings Of A Multi-Bagger
Dec 06Statutory Earnings May Not Be The Best Way To Understand New Times Energy's (HKG:166) True Position
May 09New Times Energy (HKG:166) May Not Be Profitable But It Seems To Be Managing Its Debt Just Fine, Anyway
Sep 10Here's Why New Times Energy (HKG:166) Can Manage Its Debt Despite Losing Money
Mar 19New Times Energy (HKG:166) Share Prices Have Dropped 66% In The Last Three Years
Dec 22Health Check: How Prudently Does New Times Energy (HKG:166) Use Debt?
Nov 17CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Dec 31 2023 | n/a | n/a | -HK$150m |
Sep 30 2023 | n/a | n/a | -HK$11m |
Jun 30 2023 | n/a | n/a | HK$129m |
Mar 31 2023 | n/a | n/a | HK$207m |
Dec 31 2022 | HK$9m | HK$3m | HK$286m |
Sep 30 2022 | n/a | n/a | HK$426m |
Jun 30 2022 | n/a | n/a | HK$566m |
Mar 31 2022 | n/a | n/a | HK$448m |
Dec 31 2021 | HK$5m | HK$2m | HK$329m |
Sep 30 2021 | n/a | n/a | HK$140m |
Jun 30 2021 | n/a | n/a | -HK$49m |
Mar 31 2021 | n/a | n/a | -HK$64m |
Dec 31 2020 | HK$3m | HK$2m | -HK$79m |
Sep 30 2020 | n/a | n/a | -HK$1b |
Jun 30 2020 | n/a | n/a | -HK$2b |
Mar 31 2020 | n/a | n/a | -HK$2b |
Dec 31 2019 | HK$3m | HK$2m | -HK$2b |
Sep 30 2019 | n/a | n/a | -HK$1b |
Jun 30 2019 | n/a | n/a | -HK$170m |
Mar 31 2019 | n/a | n/a | -HK$214m |
Dec 31 2018 | n/a | n/a | -HK$257m |
Sep 30 2018 | n/a | n/a | -HK$15m |
Jun 30 2018 | n/a | n/a | HK$227m |
Mar 31 2018 | n/a | n/a | HK$164m |
Dec 31 2017 | HK$2m | HK$942k | HK$102m |
Compensation vs Market: John's total compensation ($USD1.21M) is above average for companies of similar size in the Hong Kong market ($USD233.89K).
Compensation vs Earnings: John's compensation has increased whilst the company is unprofitable.
CEO
John Tang (71 yo)
6.9yrs
Tenure
HK$9,483,000
Compensation
Mr. Wing Yan Tang, also known as John, has been Chief Executive Officer & Executive Director of New Times Energy Corporation Limited since June 30, 2017. Mr. Tang served as General Manager at New Times Ene...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Executive Chairman | 16.3yrs | HK$8.23m | no data | |
CEO & Executive Director | 6.9yrs | HK$9.48m | 0.57% HK$ 4.3m | |
Senior Vice President of Corporate Finance | 11.1yrs | no data | no data | |
Company Secretary | 4.2yrs | no data | no data |
6.9yrs
Average Tenure
69yo
Average Age
Experienced Management: 166's management team is seasoned and experienced (6.9 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Executive Chairman | 16.3yrs | HK$8.23m | no data | |
CEO & Executive Director | 6.9yrs | HK$9.48m | 0.57% HK$ 4.3m | |
Independent Non-Executive Director | 17.5yrs | HK$768.00k | no data | |
Member of Oil and Gas Advisory Council | no data | no data | no data | |
Member of Oil and Gas Advisory Council | no data | no data | no data | |
Independent Non-Executive Director | 11.2yrs | HK$768.00k | no data | |
Member of Oil and Gas Advisory Council | no data | no data | no data | |
Non-Executive Director | 5.2yrs | HK$1.08m | no data | |
Independent Non-Executive Director | 3.9yrs | HK$768.00k | no data |
9.0yrs
Average Tenure
65yo
Average Age
Experienced Board: 166's board of directors are considered experienced (9 years average tenure).