We Think Shareholders May Want To Consider A Review Of Hong Kong Technology Venture Company Limited's (HKG:1137) CEO Compensation Package

Key Insights

• Hong Kong Technology Venture's Annual General Meeting to take place on 20th of May
• Salary of HK$14.3m is part of CEO Ricky Wong's total remuneration
• The overall pay is 964% above the industry average
• Over the past three years, Hong Kong Technology Venture's EPS fell by 56% and over the past three years, the total loss to shareholders 65%

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Shareholders will probably not be too impressed with the underwhelming results at Hong Kong Technology Venture Company Limited (HKG:1137) recently. Shareholders will be interested in what the board will have to say about turning performance around at the next AGM on 20th of May. It would also be an opportunity for shareholders to influence management through voting on company resolutions such as executive remuneration, which could impact the firm significantly. From our analysis, we think CEO compensation may need a review in light of the recent performance.

See our latest analysis for Hong Kong Technology Venture

Comparing Hong Kong Technology Venture Company Limited's CEO Compensation With The Industry

According to our data, Hong Kong Technology Venture Company Limited has a market capitalization of HK$1.7b, and paid its CEO total annual compensation worth HK$29m over the year to December 2024. That's a notable increase of 9.0% on last year. While this analysis focuses on total compensation, it's worth acknowledging that the salary portion is lower, valued at HK$14m.

In comparison with other companies in the Hong Kong Consumer Retailing industry with market capitalizations ranging from HK$779m to HK$3.1b, the reported median CEO total compensation was HK$2.8m. This suggests that Ricky Wong is paid more than the median for the industry.

Component	2024	2023	Proportion (2024)
Salary	HK$14m	HK$12m	49%
Other	HK$15m	HK$15m	51%
Total Compensation	HK$29m	HK$27m	100%

On an industry level, around 72% of total compensation represents salary and 28% is other remuneration. It's interesting to note that Hong Kong Technology Venture allocates a smaller portion of compensation to salary in comparison to the broader industry. If non-salary compensation dominates total pay, it's an indicator that the executive's salary is tied to company performance.

A Look at Hong Kong Technology Venture Company Limited's Growth Numbers

Over the last three years, Hong Kong Technology Venture Company Limited has shrunk its earnings per share by 56% per year. In the last year, its revenue changed by just 0.7%.

Overall this is not a very positive result for shareholders. And the flat revenue hardly impresses. These factors suggest that the business performance wouldn't really justify a high pay packet for the CEO. Looking ahead, you might want to check this free visual report on analyst forecasts for the company's future earnings..

Has Hong Kong Technology Venture Company Limited Been A Good Investment?

With a total shareholder return of -65% over three years, Hong Kong Technology Venture Company Limited shareholders would by and large be disappointed. Therefore, it might be upsetting for shareholders if the CEO were paid generously.

In Summary...

Along with the business performing poorly, shareholders have suffered with poor share price returns on their investments, suggesting that there's little to no chance of them being in favor of a CEO pay raise. At the upcoming AGM, the board will get the chance to explain the steps it plans to take to improve business performance.

Shareholders may want to check for free if Hong Kong Technology Venture insiders are buying or selling shares.

Of course, you might find a fantastic investment by looking at a different set of stocks. So take a peek at this free list of interesting companies.

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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.