COSCO SHIPPING Development Co., Ltd.

SHSC:2866 Stock Report

Market Cap: HK$31.4b

COSCO SHIPPING Development Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Mingwen Zhang

Chief executive officer

CN¥1.6m

Total compensation

CEO salary percentage82.1%
CEO tenure2yrs
CEO ownershipn/a
Management average tenure4.2yrs
Board average tenure3.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mingwen Zhang's remuneration changed compared to COSCO SHIPPING Development's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

CN¥1b

Dec 31 2023CN¥2mCN¥1m

CN¥1b

Sep 30 2023n/an/a

CN¥1b

Jun 30 2023n/an/a

CN¥2b

Mar 31 2023n/an/a

CN¥3b

Dec 31 2022CN¥784kCN¥648k

CN¥4b

Compensation vs Market: Mingwen's total compensation ($USD217.32K) is below average for companies of similar size in the Hong Kong market ($USD455.21K).

Compensation vs Earnings: Mingwen's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


CEO

Mingwen Zhang (46 yo)

2yrs

Tenure

CN¥1,578,000

Compensation

Mr. Mingwen Zhang serves as Non-Executive Director of China Merchants Securities Co., Ltd. from January 18, 2024. He is General Manager of COSCO SHIPPING Development Co., Ltd.from June 16, 2022 and serves...


Leadership Team

NamePositionTenureCompensationOwnership
Mingwen Zhang
Executive Chairman & GM2yrsCN¥1.58mno data
Feng Lin
Chief Accountant5.8yrsCN¥1.77mno data
Lei Cai
Board Secretary & Company Secretary4.2yrsCN¥873.80kno data

4.2yrs

Average Tenure

46yo

Average Age

Experienced Management: 2866's management team is considered experienced (4.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Mingwen Zhang
Executive Chairman & GM2yrsCN¥1.58mno data
Kwok Leung Chan
Independent Non Executive Director1.3yrsno data0.0022%
CN¥ 685.0k
Sing Chi Ip
Non-Executive Director3.7yrsCN¥300.00kno data
Ruiqing Shao
Independent Non-Executive Director3yrsCN¥150.00kno data
Weihua Zhang
Independent Non-Executive Director6.3yrsCN¥150.00kno data
Hongjun Ye
Chairman of Supervisory Board11yrsno datano data
Jianzhong Lu
Independent Non-Executive Director6.5yrsCN¥150.00kno data
Jian Huang
Non-Executive Director8.4yrsno datano data
Yanfeng Liang
Non-Executive Director6.3yrsno datano data
Mei Zhu
Supervisor3.7yrsno datano data
Xiaobo Zhao
Employee Representative Supervisor3.6yrsno datano data

3.7yrs

Average Tenure

61yo

Average Age

Experienced Board: 2866's board of directors are considered experienced (3.7 years average tenure).


Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.