Time Watch Investments Management
Management criteria checks 2/4
Time Watch Investments' CEO is Michael Tung, appointed in Nov 2005, has a tenure of 13.17 years. total yearly compensation is HK$12.09M, comprised of 57.9% salary and 42.1% bonuses, including company stock and options. directly owns 71.27% of the company’s shares, worth HK$469.40M. The average tenure of the management team and the board of directors is 9.8 years and 11.5 years respectively.
Key information
Michael Tung
Chief executive officer
HK$12.1m
Total compensation
| CEO salary percentage | 57.9% |
| CEO tenure | 19yrs |
| CEO ownership | 71.3% |
| Management average tenure | 9.8yrs |
| Board average tenure | 11.5yrs |
Recent management updates
Recent updates
Time Watch Investments' (HKG:2033) Conservative Accounting Might Explain Soft Earnings
Nov 06
Time Watch Investments (HKG:2033) Is Paying Out Less In Dividends Than Last Year
Oct 04Some Shareholders Feeling Restless Over Time Watch Investments Limited's (HKG:2033) P/S Ratio
Sep 23Time Watch Investments (HKG:2033) May Have Issues Allocating Its Capital
Jul 16Time Watch Investments Limited's (HKG:2033) Shares Climb 28% But Its Business Is Yet to Catch Up
May 28Is Time Watch Investments (HKG:2033) Using Debt Sensibly?
Oct 12Time Watch Investments (HKG:2033) Has A Rock Solid Balance Sheet
Jun 06We Think Time Watch Investments (HKG:2033) Can Manage Its Debt With Ease
Oct 13Capital Allocation Trends At Time Watch Investments (HKG:2033) Aren't Ideal
Aug 26Time Watch Investments (HKG:2033) Is Reinvesting At Lower Rates Of Return
Apr 18Time Watch Investments' (HKG:2033) Shareholders Are Down 26% On Their Shares
Mar 19Do Institutions Own Time Watch Investments Limited (HKG:2033) Shares?
Feb 26Should You Use Time Watch Investments' (HKG:2033) Statutory Earnings To Analyse It?
Feb 05
Did Time Watch Investments Limited (HKG:2033) Insiders Buy Up More Shares?
Dec 29A Look At Time Watch Investments' (HKG:2033) Share Price Returns
Dec 11What Type Of Shareholders Make Up Time Watch Investments Limited's (HKG:2033) Share Registry?
Nov 24CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | HK$12m | HK$7m | HK$34m |
| Mar 31 2024 | n/a | n/a | HK$64m |
| Dec 31 2023 | n/a | n/a | HK$93m |
| Sep 30 2023 | n/a | n/a | HK$65m |
| Jun 30 2023 | HK$7m | HK$7m | HK$37m |
| Mar 31 2023 | n/a | n/a | -HK$8m |
| Dec 31 2022 | n/a | n/a | -HK$53m |
| Sep 30 2022 | n/a | n/a | -HK$10m |
| Jun 30 2022 | HK$7m | HK$7m | HK$33m |
| Mar 31 2022 | n/a | n/a | HK$89m |
| Dec 31 2021 | n/a | n/a | HK$145m |
| Sep 30 2021 | n/a | n/a | HK$202m |
| Jun 30 2021 | HK$17m | HK$7m | HK$259m |
| Mar 31 2021 | n/a | n/a | HK$217m |
| Dec 31 2020 | n/a | n/a | HK$175m |
| Sep 30 2020 | n/a | n/a | HK$158m |
| Jun 30 2020 | HK$6m | HK$6m | HK$141m |
| Mar 31 2020 | n/a | n/a | HK$232m |
| Dec 31 2019 | n/a | n/a | HK$323m |
| Sep 30 2019 | n/a | n/a | HK$321m |
| Jun 30 2019 | HK$17m | HK$7m | HK$318m |
| Mar 31 2019 | n/a | n/a | HK$289m |
| Dec 31 2018 | n/a | n/a | HK$261m |
| Sep 30 2018 | n/a | n/a | HK$276m |
| Jun 30 2018 | HK$17m | HK$7m | HK$291m |
Compensation vs Market: Michael's total compensation ($USD1.55M) is above average for companies of similar size in the Hong Kong market ($USD232.99K).
Compensation vs Earnings: Michael's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Michael Tung (72 yo)
19yrs
Tenure
HK$12,090,000
Compensation
Mr. Koon Ming Tung, also known as Michael, has been the Chief Executive Officer of Time Watch Investments Limited (formerly, Wee Poh Holdings Limited) since November 8, 2005, and serves as its Chairman and...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 19yrs | HK$12.09m | 71.27% HK$ 469.4m | |
| Group Marketing & Administrative Controller and Executive Director | no data | HK$984.00k | no data | |
| Executive Director | no data | HK$910.00k | 0.82% HK$ 5.4m | |
| Executive Director | no data | HK$1.10m | no data | |
| Chief Financial Officer | 1.8yrs | no data | no data | |
| Head of Manufacturing & Assembly Department of Group and Factory GM of Tian Wang Shenzhen | no data | no data | no data | |
| Company Secretary | 9.8yrs | no data | no data |
9.8yrs
Average Tenure
57yo
Average Age
Experienced Management: 2033's management team is seasoned and experienced (9.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 13.2yrs | HK$12.09m | 71.27% HK$ 469.4m | |
| Group Marketing & Administrative Controller and Executive Director | 13.2yrs | HK$984.00k | no data | |
| Executive Director | 5.7yrs | HK$910.00k | 0.82% HK$ 5.4m | |
| Executive Director | 10.1yrs | HK$1.10m | no data | |
| Independent Non-Executive Director | 11.8yrs | HK$240.00k | no data | |
| Independent Non-Executive Director | 11.5yrs | HK$240.00k | no data | |
| Independent Non-Executive Director | 2yrs | HK$180.00k | no data |
11.5yrs
Average Tenure
54yo
Average Age
Experienced Board: 2033's board of directors are seasoned and experienced ( 11.5 years average tenure).