Increases to CEO Compensation Might Be Put On Hold For Now at Tai Ping Carpets International Limited (HKG:146)

Key Insights

• Tai Ping Carpets International to hold its Annual General Meeting on 5th of December
• Total pay for CEO Mark Stuart Worgan includes HK$3.71m salary
• Total compensation is 567% above industry average
• Tai Ping Carpets International's total shareholder return over the past three years was 299% while its EPS grew by 20% over the past three years

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Performance at Tai Ping Carpets International Limited (HKG:146) has been reasonably good and CEO Mark Stuart Worgan has done a decent job of steering the company in the right direction. In light of this performance, CEO compensation will probably not be the main focus for shareholders as they go into the AGM on 5th of December. However, some shareholders may still be hesitant of being overly generous with CEO compensation.

See our latest analysis for Tai Ping Carpets International

How Does Total Compensation For Mark Stuart Worgan Compare With Other Companies In The Industry?

At the time of writing, our data shows that Tai Ping Carpets International Limited has a market capitalization of HK$395m, and reported total annual CEO compensation of HK$17m for the year to June 2025. Notably, that's an increase of 74% over the year before. While this analysis focuses on total compensation, it's worth acknowledging that the salary portion is lower, valued at HK$3.7m.

For comparison, other companies in the Hong Kong Consumer Durables industry with market capitalizations below HK$1.6b, reported a median total CEO compensation of HK$2.6m. This suggests that Mark Stuart Worgan is paid more than the median for the industry.

Speaking on an industry level, nearly 77% of total compensation represents salary, while the remainder of 23% is other remuneration. Tai Ping Carpets International sets aside a smaller share of compensation for salary, in comparison to the overall industry. If total compensation is slanted towards non-salary benefits, it indicates that CEO pay is linked to company performance.

A Look at Tai Ping Carpets International Limited's Growth Numbers

Tai Ping Carpets International Limited has seen its earnings per share (EPS) increase by 20% a year over the past three years. In the last year, its revenue is up 2.9%.

This demonstrates that the company has been improving recently and is good news for the shareholders. It's nice to see revenue heading northwards, as this is consistent with healthy business conditions. We don't have analyst forecasts, but you could get a better understanding of its growth by checking out this more detailed historical graph of earnings, revenue and cash flow.

Has Tai Ping Carpets International Limited Been A Good Investment?

Most shareholders would probably be pleased with Tai Ping Carpets International Limited for providing a total return of 299% over three years. So they may not be at all concerned if the CEO were to be paid more than is normal for companies around the same size.

In Summary...

Seeing that the company has put up a decent performance, only a few shareholders, if any at all, might have questions about the CEO pay in the upcoming AGM. However, any decision to raise CEO pay might be met with some objections from the shareholders given that the CEO is already paid higher than the industry average.

CEO compensation can have a massive impact on performance, but it's just one element. That's why we did some digging and identified 2 warning signs for Tai Ping Carpets International that you should be aware of before investing.

Switching gears from Tai Ping Carpets International, if you're hunting for a pristine balance sheet and premium returns, this free list of high return, low debt companies is a great place to look.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.