Tungtex (Holdings) Management
Management criteria checks 3/4
Tungtex (Holdings)'s CEO is Raymond Tung, appointed in Jan 2018, has a tenure of 6.92 years. total yearly compensation is HK$2.75M, comprised of 80.5% salary and 19.5% bonuses, including company stock and options. directly owns 0.08% of the company’s shares, worth HK$61.20K. The average tenure of the management team and the board of directors is 6.9 years and 14.8 years respectively.
Key information
Raymond Tung
Chief executive officer
HK$2.7m
Total compensation
CEO salary percentage | 80.5% |
CEO tenure | 6.9yrs |
CEO ownership | 0.08% |
Management average tenure | 6.9yrs |
Board average tenure | 14.8yrs |
Recent management updates
Recent updates
Optimistic Investors Push Tungtex (Holdings) Company Limited (HKG:518) Shares Up 27% But Growth Is Lacking
Oct 24Should Shareholders Reconsider Tungtex (Holdings) Company Limited's (HKG:518) CEO Compensation Package?
Aug 19Tungtex (Holdings) (HKG:518) Is Experiencing Growth In Returns On Capital
Nov 17The Return Trends At Tungtex (Holdings) (HKG:518) Look Promising
Jun 13We Think Shareholders Are Less Likely To Approve A Pay Rise For Tungtex (Holdings) Company Limited's (HKG:518) CEO For Now
Aug 18We're Not Counting On Tungtex (Holdings) (HKG:518) To Sustain Its Statutory Profitability
Jan 31Is Tungtex (Holdings) (HKG:518) Using Debt Sensibly?
Dec 28Michael Webb of Tungtex (Holdings) Company Limited (HKG:518) Just Spent HK$1.6m On Shares
Nov 21CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Sep 30 2024 | n/a | n/a | -HK$17m |
Jun 30 2024 | n/a | n/a | -HK$15m |
Mar 31 2024 | HK$3m | HK$2m | -HK$13m |
Dec 31 2023 | n/a | n/a | -HK$5m |
Sep 30 2023 | n/a | n/a | HK$3m |
Jun 30 2023 | n/a | n/a | HK$11m |
Mar 31 2023 | HK$3m | HK$2m | HK$20m |
Dec 31 2022 | n/a | n/a | HK$16m |
Sep 30 2022 | n/a | n/a | HK$12m |
Jun 30 2022 | n/a | n/a | -HK$7m |
Mar 31 2022 | HK$3m | HK$2m | -HK$26m |
Dec 31 2021 | n/a | n/a | -HK$21m |
Sep 30 2021 | n/a | n/a | -HK$16m |
Jun 30 2021 | n/a | n/a | HK$120m |
Mar 31 2021 | HK$3m | HK$2m | HK$256m |
Dec 31 2020 | n/a | n/a | HK$222m |
Sep 30 2020 | n/a | n/a | HK$187m |
Jun 30 2020 | n/a | n/a | HK$52m |
Mar 31 2020 | HK$2m | HK$2m | -HK$84m |
Dec 31 2019 | n/a | n/a | -HK$76m |
Sep 30 2019 | n/a | n/a | -HK$69m |
Jun 30 2019 | n/a | n/a | -HK$81m |
Mar 31 2019 | HK$2m | HK$2m | -HK$94m |
Dec 31 2018 | n/a | n/a | -HK$79m |
Sep 30 2018 | n/a | n/a | -HK$64m |
Jun 30 2018 | n/a | n/a | -HK$56m |
Mar 31 2018 | HK$2m | HK$2m | -HK$47m |
Compensation vs Market: Raymond's total compensation ($USD353.53K) is above average for companies of similar size in the Hong Kong market ($USD231.18K).
Compensation vs Earnings: Raymond's compensation has been consistent with company performance over the past year.
CEO
Raymond Tung (59 yo)
6.9yrs
Tenure
HK$2,746,000
Compensation
Mr. Wai Man Tung, also known as Raymond, has been Managing Director of Tungtex (Holdings) Company Limited since January 12, 2018. Mr. Tung has been a Director of Tungtex (Holdings) Company Limited since 20...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Executive Chairman | 14.8yrs | HK$3.50m | 0.36% HK$ 272.7k | |
MD & Executive Director | 6.9yrs | HK$2.75m | 0.080% HK$ 61.2k | |
MD of the Group Retail Operation & Vice Chairman of the Board | 14.8yrs | HK$3.35m | 0.68% HK$ 518.9k | |
Chief Financial Officer | 8.3yrs | no data | no data | |
Human Resources Director | no data | no data | no data | |
Group Treasurer and Assistant General Manager | no data | no data | no data | |
Group Financial Controller & Company Secretary | less than a year | no data | no data |
6.9yrs
Average Tenure
54yo
Average Age
Experienced Management: 518's management team is seasoned and experienced (6.9 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Executive Chairman | 14.8yrs | HK$3.50m | 0.36% HK$ 272.7k | |
MD & Executive Director | 24.9yrs | HK$2.75m | 0.080% HK$ 61.2k | |
MD of the Group Retail Operation & Vice Chairman of the Board | 14.8yrs | HK$3.35m | 0.68% HK$ 518.9k | |
Independent Non-Executive Director | 2.6yrs | HK$160.00k | no data | |
Independent Non-Executive Director | 30.9yrs | HK$190.00k | 0.85% HK$ 653.6k | |
Independent Non-Executive Director | 6.4yrs | HK$190.00k | no data | |
Independent Non-Executive Director | 3.7yrs | HK$100.00k | no data |
14.8yrs
Average Tenure
50yo
Average Age
Experienced Board: 518's board of directors are seasoned and experienced ( 14.8 years average tenure).
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2024/12/25 12:04 |
End of Day Share Price | 2024/12/24 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2024/03/31 |
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.
Package | Data | Timeframe | Example US Source * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* 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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Industry and Sector Metrics
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Analyst Sources
Tungtex (Holdings) Company Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
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null null | CGS International |
Pooja Ghuge | Virtua Research Inc. |