Keep Inc.

SEHK:3650 Stock Report

Market Cap: HK$2.3b

Keep Management

Management criteria checks 1/4

Keep's CEO is Ning Wang, appointed in Sep 2014, has a tenure of 10.75 years. total yearly compensation is CN¥4.59M, comprised of 29.8% salary and 70.2% bonuses, including company stock and options. directly owns 19.09% of the company’s shares, worth HK$436.90M. The average tenure of the management team and the board of directors is 0.7 years and 3 years respectively.

Key information

Ning Wang

Chief executive officer

CN¥4.6m

Total compensation

CEO salary percentage29.78%
CEO tenure10.8yrs
CEO ownership19.1%
Management average tenureless than a year
Board average tenure3yrs

Recent management updates

Recent updates

Keep Inc. (HKG:3650) Stock Rockets 27% As Investors Are Less Pessimistic Than Expected

May 29
Keep Inc. (HKG:3650) Stock Rockets 27% As Investors Are Less Pessimistic Than Expected

Some Confidence Is Lacking In Keep Inc. (HKG:3650) As Shares Slide 40%

Apr 08
Some Confidence Is Lacking In Keep Inc. (HKG:3650) As Shares Slide 40%

Keep Inc.'s (HKG:3650) 27% Share Price Surge Not Quite Adding Up

May 13
Keep Inc.'s (HKG:3650) 27% Share Price Surge Not Quite Adding Up

Keep (HKG:3650) Strong Profits May Be Masking Some Underlying Issues

May 02
Keep (HKG:3650) Strong Profits May Be Masking Some Underlying Issues

CEO Compensation Analysis

How has Ning Wang's remuneration changed compared to Keep's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024CN¥5mCN¥1m

-CN¥535m

Sep 30 2024n/an/a

-CN¥394m

Jun 30 2024n/an/a

-CN¥253m

Mar 31 2024n/an/a

CN¥427m

Dec 31 2023CN¥2mCN¥1m

CN¥1b

Sep 30 2023n/an/a

CN¥967m

Jun 30 2023n/an/a

CN¥829m

Mar 31 2023n/an/a

CN¥362m

Dec 31 2022CN¥2mCN¥1m

-CN¥105m

Dec 31 2021CN¥2mCN¥2m

-CN¥3b

Dec 31 2020CN¥1mCN¥1m

-CN¥2b

Dec 31 2019CN¥1mCN¥942k

-CN¥729m

Compensation vs Market: Ning's total compensation ($USD639.83K) is above average for companies of similar size in the Hong Kong market ($USD365.02K).

Compensation vs Earnings: Ning's compensation has increased whilst the company is unprofitable.

CEO

Ning Wang (33 yo)

10.8yrs
Tenure
CN¥4,593,000
Compensation

Mr. Ning Wang founded Keep Inc. in September 2014 and its Executive Director since April 21, 2015 also serves as its Chairman of the Board & CEO. He joined the Keep in September 2014. Mr. Wang is responsib...

Leadership Team

NamePositionTenureCompensationOwnership
Ning Wang
Founder10.8yrsCN¥4.59m19.09%
HK$ 436.9m
Wei Peng
Co-Founderno dataCN¥4.77m2.32%
HK$ 53.1m
Dong Liu
Co-Founderno dataCN¥7.53m1.0%
HK$ 22.9m
Ce Xu
Chief Financial Officerless than a yearno datano data
Weibo Huang
Chief Strategy Officerless than a yearno datano data
Siu Kuen Lai
Joint Company Secretaryno datano datano data
Yuxin Lin
Joint Company Secretaryless than a yearno datano data
0.7yrs
Average Tenure
44.5yo
Average Age

Experienced Management: 3650's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Ning Wang
Founder10.2yrsCN¥4.59m19.09%
HK$ 436.9m
Wei Peng
Co-Founder9.9yrsCN¥4.77m2.32%
HK$ 53.1m
Dong Liu
Co-Founder4.2yrsCN¥7.53m1.0%
HK$ 22.9m
Haining Wang
Independent Non-Executive Director1.9yrsCN¥400.00kno data
Yigang Shan
Independent Non-Executive Director1.9yrsCN¥400.00kno data
Xin Ge
Independent Non-Executive Director1.9yrsCN¥600.00kno data
3.0yrs
Average Tenure
46yo
Average Age

Experienced Board: 3650's board of directors are considered experienced (3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/06/05 09:14
End of Day Share Price 2025/06/05 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Keep Inc. is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Guang ZengGuosen Securities Co., Ltd.
Lulu XiaHuatai Research