VCREDIT Holdings Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Stephen Liu

Chief executive officer

CN¥19.1m

Total compensation

CEO salary percentage	5.1%
CEO tenure	16.7yrs
CEO ownership	6.7%
Management average tenure	2.6yrs
Board average tenure	6.5yrs

Recent management updates

Recent updates

VCREDIT Holdings (HKG:2003) Will Pay A Larger Dividend Than Last Year At CN¥0.15

Oct 05

VCREDIT Holdings' (HKG:2003) Dividend Will Be Increased To CN¥0.15

Aug 28

Here's What VCREDIT Holdings Limited's (HKG:2003) Shareholder Ownership Structure Looks Like

Jan 24

CEO Compensation Analysis

How has Stephen Liu's remuneration changed compared to VCREDIT Holdings's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	CN¥19m	CN¥967k	CN¥454m
Sep 30 2023	n/a	n/a	CN¥480m
Jun 30 2023	n/a	n/a	CN¥507m
Mar 31 2023	n/a	n/a	CN¥520m
Dec 31 2022	CN¥24m	CN¥834k	CN¥532m
Sep 30 2022	n/a	n/a	CN¥631m
Jun 30 2022	n/a	n/a	CN¥730m
Mar 31 2022	n/a	n/a	CN¥954m
Dec 31 2021	CN¥24m	CN¥714k	CN¥1b
Sep 30 2021	n/a	n/a	CN¥1b
Jun 30 2021	n/a	n/a	CN¥989m
Mar 31 2021	n/a	n/a	CN¥60m
Dec 31 2020	CN¥88m	CN¥503k	-CN¥870m
Sep 30 2020	n/a	n/a	-CN¥946m
Jun 30 2020	n/a	n/a	-CN¥1b
Mar 31 2020	n/a	n/a	-CN¥479m
Dec 31 2019	CN¥189m	CN¥527k	CN¥65m
Sep 30 2019	n/a	n/a	CN¥27m
Jun 30 2019	n/a	n/a	-CN¥10m
Mar 31 2019	n/a	n/a	-CN¥519m
Dec 31 2018	CN¥176m	CN¥278k	-CN¥1b
Sep 30 2018	n/a	n/a	-CN¥1b
Jun 30 2018	n/a	n/a	-CN¥2b
Mar 31 2018	n/a	n/a	-CN¥1b
Dec 31 2017	CN¥2m	CN¥824k	-CN¥1b

Compensation vs Market: Stephen's total compensation ($USD2.65M) is above average for companies of similar size in the Hong Kong market ($USD232.66K).

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

CEO

Stephen Liu (56 yo)

16.7yrs

Tenure

CN¥19,147,000

Compensation

Mr. Sai Wang Liu, also known as Stephen, is Co-Founder and Chief Executive Officer of VCREDIT Holdings Ltd. and has been its Executive Director since September 7, 2007. Mr. Liu is responsible for the overa...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Ting Hung Ma	Executive Chairman of the Board	16.7yrs	CN¥18.07m	39.94% CN¥ 437.1m
Sai Wang Liu	CEO & Executive Director	no data	CN¥19.15m	6.73% CN¥ 73.6m
Sai Keung Liu	COO & Executive Director	no data	CN¥7.04m	1.49% CN¥ 16.3m
Hong Bai	Chief Financial Officer	no data	no data	no data
Hongzhe Shi	Chief Technology Officer	no data	no data	no data
Fei Wang	Director of Investor Relations	no data	no data	no data
Rui Yu	Chief Marketing Officer	no data	no data	no data
Jiafang Jin	Chief Strategy Officer	3yrs	no data	no data
Yisheng Gong	Chief Risk Officer	4.9yrs	no data	no data
Wing Yee Lau	Company Secretary	1.6yrs	no data	no data
Zhiping Yao	Internal Control & Risk Consultant	no data	no data	no data

2.6yrs

Average Tenure

48yo

Average Age

Experienced Management: 2003's management team is considered experienced (2.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Ting Hung Ma	Executive Chairman of the Board	16.7yrs	CN¥18.07m	39.94% CN¥ 437.1m
Sai Wang Liu	CEO & Executive Director	16.7yrs	CN¥19.15m	6.73% CN¥ 73.6m
Sai Keung Liu	COO & Executive Director	6.5yrs	CN¥7.04m	1.49% CN¥ 16.3m
Ka-Kay Yip	Non-Executive Director	12.2yrs	CN¥356.00k	no data
Derek Chen	Independent Non-Executive Director	2.4yrs	CN¥356.00k	no data
Penghui Chen	Independent Non-Executive Director	5.9yrs	CN¥384.00k	no data
Yuan Fang	Independent Non-Executive Director	3.8yrs	CN¥384.00k	0.021% CN¥ 231.2k

6.5yrs

Average Tenure

51yo

Average Age

Experienced Board: 2003's board of directors are considered experienced (6.5 years average tenure).

VCREDIT Holdings Management

Management criteria checks 3/4

Key information

Recent management updates

VCREDIT Holdings Limited, Annual General Meeting, Jun 14, 2024

Less than half of directors are independent

Executive Chairman of the Board recently bought HK$6.9m worth of stock

VCREDIT Holdings Limited Announces Change of Company Secretary and Authorised Representative

Less than half of directors are independent

Non-Executive Chairman of the Board recently bought HK$33m worth of stock

Recent updates

Final dividend of HK$0.10 announced

VCREDIT Holdings Limited, Annual General Meeting, Jun 14, 2024

Full year 2023 earnings released: EPS: CN¥0.93 (vs CN¥1.09 in FY 2022)

VCREDIT Holdings Limited Proposes Final Ordinary Dividend for the Financial Year End 31 December 2023, Payable July 10, 2024

VCREDIT Holdings Limited to Report Fiscal Year 2023 Results on Mar 26, 2024

VCREDIT Holdings Limited Approves Interim Dividend

Upcoming dividend of HK$0.15 per share at 9.2% yield

VCREDIT Holdings (HKG:2003) Will Pay A Larger Dividend Than Last Year At CN¥0.15

VCREDIT Holdings' (HKG:2003) Dividend Will Be Increased To CN¥0.15

First half 2023 earnings released: EPS: CN¥0.62 (vs CN¥0.67 in 1H 2022)

Vcredit Holdings Limited Proposes Interim Dividend for the Six Months Ended 30 June 2023, Payable on 10 November 2023

VCREDIT Holdings Limited to Report Q2, 2023 Results on Aug 24, 2023

Vcredit Holdings Limited Approves Final Dividend

Upcoming dividend of HK$0.10 per share at 6.5% yield

Full year 2022 earnings released: EPS: CN¥1.09 (vs CN¥2.42 in FY 2021)

Less than half of directors are independent

Executive Chairman of the Board recently bought HK$6.9m worth of stock

VCREDIT Holdings Limited Approves Interim Dividend for the Six Months Ended 30 June 2022

Upcoming dividend of HK$0.10 per share

VCREDIT Holdings Limited Announces Change of Company Secretary and Authorised Representative

VCREDIT Holdings Limited Proposes Interim Dividend for the Six Months Ended 30 June 2022

VCREDIT Holdings Limited Proposes Interim Dividend for the Six Months Ended 30 June 2022 Payable on 11 November 2022

First half 2022 earnings released: EPS: CN¥0.67 (vs CN¥1.59 in 1H 2021)

VCREDIT Holdings Limited Approves Final Dividend

Upcoming dividend of HK$0.15 per share

VCREDIT Holdings Limited Proposes Final Dividend for the Year Ended 31 December 2021

Less than half of directors are independent

Non-Executive Chairman of the Board recently bought HK$33m worth of stock

First half 2021 earnings released: EPS CN¥1.59 (vs CN¥2.19 loss in 1H 2020)

VCREDIT Holdings Limited Proposes Payment of Special Dividend

First half 2021 earnings released: EPS CN¥1.59 (vs CN¥2.19 loss in 1H 2020)

VCREDIT Holdings Limited Announces Special Dividend for the Period Ended June 30, 2021, Payable on 12 November 2021

Independent Non-Executive Director Chak-Man Wu has left the company

Full year 2020 earnings released: CN¥1.77 loss per share (vs CN¥0.13 profit in FY 2019)

Full year 2020 earnings released: CN¥1.77 loss per share (vs CN¥0.13 profit in FY 2019)

VCREDIT Holdings Limited to Report Fiscal Year 2020 Results on Mar 24, 2021

New 90-day high: HK$5.00

Here's What VCREDIT Holdings Limited's (HKG:2003) Shareholder Ownership Structure Looks Like

New 90-day high: HK$4.01

New 90-day low: HK$3.54

New 90-day low: HK$3.99

First half earnings released

Analysts lower revenue estimates to CN¥3.40b

VCREDIT Holdings Limited to Report First Half, 2020 Results on Aug 18, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age