Miricor Enterprises Holdings Management

Management criteria checks 3/4

Miricor Enterprises Holdings' CEO is Gigi Lai, appointed in Dec 2016, has a tenure of 7.33 years. total yearly compensation is HK$6.02M, comprised of 99.7% salary and 0.3% bonuses, including company stock and options. directly owns 68.75% of the company’s shares, worth HK$368.50M. The average tenure of the management team and the board of directors is 5.6 years and 7.3 years respectively.

Key information

Gigi Lai

Chief executive officer

HK$6.0m

Total compensation

CEO salary percentage	99.7%
CEO tenure	7.3yrs
CEO ownership	68.8%
Management average tenure	5.6yrs
Board average tenure	7.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Gigi Lai's remuneration changed compared to Miricor Enterprises Holdings's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2023	n/a	n/a	-HK$37m
Jun 30 2023	n/a	n/a	-HK$29m
Mar 31 2023	HK$6m	HK$6m	-HK$21m
Dec 31 2022	n/a	n/a	-HK$23m
Sep 30 2022	n/a	n/a	-HK$25m
Jun 30 2022	n/a	n/a	HK$128k
Mar 31 2022	HK$6m	HK$6m	HK$25m
Dec 31 2021	n/a	n/a	HK$36m
Sep 30 2021	n/a	n/a	HK$47m
Jun 30 2021	n/a	n/a	HK$17m
Mar 31 2021	HK$5m	HK$5m	-HK$13m
Dec 31 2020	n/a	n/a	-HK$8m
Sep 30 2020	n/a	n/a	-HK$4m
Jun 30 2020	n/a	n/a	HK$5m
Mar 31 2020	HK$6m	HK$6m	HK$14m
Dec 31 2019	n/a	n/a	HK$16m
Sep 30 2019	n/a	n/a	HK$22m
Jun 30 2019	n/a	n/a	HK$22m
Mar 31 2019	HK$2m	HK$2m	HK$22m
Dec 31 2018	n/a	n/a	HK$24m
Sep 30 2018	n/a	n/a	HK$24m
Jun 30 2018	n/a	n/a	HK$25m
Mar 31 2018	HK$2m	HK$2m	HK$27m

Compensation vs Market: Gigi's total compensation ($USD768.01K) is above average for companies of similar size in the Hong Kong market ($USD234.25K).

Compensation vs Earnings: Gigi's compensation has been consistent with company performance over the past year.

CEO

Gigi Lai (51 yo)

7.3yrs

Tenure

HK$6,018,000

Compensation

Ms. Lai Ka Yee, also known as Gigi, (former name: Chi Lai) has been Chairlady and Chief Executive Officer at Miricor Enterprises Holdings Ltd since December 19, 2016. Ms. Lai has been an Executive Director...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Ka Yee Lai	Chairlady & CEO	7.3yrs	HK$6.02m	68.75% HK$ 368.5m
Tsz Ho	COO & Executive Director	3.9yrs	HK$2.69m	no data
Ping-Yan Lam	Executive Director	3.8yrs	HK$600.00k	no data
Gordon Leung	Finance Director	no data	no data	no data
Tai On Lo	Company Secretary	7.6yrs	no data	no data

5.6yrs

Average Tenure

60yo

Average Age

Experienced Management: 1827's management team is seasoned and experienced (5.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Ka Yee Lai	Chairlady & CEO	7.8yrs	HK$6.02m	68.75% HK$ 368.5m
Tsz Ho	COO & Executive Director	4yrs	HK$2.69m	no data
Ping-Yan Lam	Executive Director	3.8yrs	HK$600.00k	no data
Yuk Wo Cheng	Independent Non-Executive Director	7.3yrs	HK$204.00k	no data
Wai Kwan Li	Independent Non-Executive Director	7.3yrs	HK$204.00k	no data
Fu Kwok Cheng	Independent Non-Executive Director	7.3yrs	HK$204.00k	no data

7.3yrs

Average Tenure

56.5yo

Average Age

Experienced Board: 1827's board of directors are considered experienced (7.3 years average tenure).

Miricor Enterprises Holdings Management

Management criteria checks 3/4

Key information

Recent management updates

Insufficient new directors

Miricor Enterprises Holdings Limited, Annual General Meeting, Sep 15, 2023

Miricor Enterprises Holdings Limited, Annual General Meeting, Sep 23, 2022

Recent updates

First half 2024 earnings released: HK$0.033 loss per share (vs HK$0.009 profit in 1H 2023)

Miricor Enterprises Holdings Limited Provides Consolidated Earnings Guidance for the Six Months Ended 30 September 2023

Miricor Enterprises Holdings Limited to Report First Half, 2024 Results on Nov 24, 2023

Insufficient new directors

Miricor Enterprises Holdings Limited, Annual General Meeting, Sep 15, 2023

Full year 2023 earnings released: HK$0.051 loss per share (vs HK$0.063 profit in FY 2022)

New minor risk - Financial data availability

Miricor Enterprises Holdings Limited to Report Fiscal Year 2023 Results on Jun 26, 2023

First half 2023 earnings released: EPS: HK$0.009 (vs HK$0.14 in 1H 2022)

First half 2023 earnings released: EPS: HK$0.009 (vs HK$0.14 in 1H 2022)

Miricor Enterprises Holdings Limited Provides Group Earnings Guidance for the Six Months Ended 30 September 2022

Investor sentiment improved over the past week

Miricor Enterprises Holdings Limited to Report First Half, 2023 Results on Nov 25, 2022

Miricor Enterprises Holdings Limited, Annual General Meeting, Sep 23, 2022

Full year 2022 earnings released: EPS: HK$0.064 (vs HK$0.032 loss in FY 2021)

Miricor Enterprises Holdings Limited Provides Profit Guidance for the Year Ended 31 March 2022

Miricor Enterprises Holdings Limited to Report Fiscal Year 2022 Results on Jun 24, 2022

Investor sentiment deteriorated over the past week

First half 2022 earnings: Revenues and EPS in line with analyst expectations

First half 2022 earnings released: EPS HK$0.14 (vs HK$0.015 loss in 1H 2021)

Full year 2021 earnings released: HK$0.032 loss per share (vs HK$0.034 profit in FY 2020)

Full year 2021 earnings released: HK$0.032 loss per share (vs HK$0.034 profit in FY 2020)

Miricor Enterprises Holdings Limited Provides Group Earnings Guidance for the Year Ended March 31, 2021

New 90-day high: HK$0.61

New 90-day low: HK$0.44

First half 2021 earnings released: HK$0.015 loss per share

Miricor Enterprises Holdings Limited to Report First Half, 2021 Results on Nov 27, 2020

New 90-day low: HK$0.54

New 90-day low - HK$0.56

Full year earnings released - EPS HK$0.034

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age