Mongolia Energy Corporation Limited

SEHK:276 Stock Report

Market Cap: HK$109.1m

Mongolia Energy Management

Management criteria checks 2/4

Mongolia Energy's CEO is Yvette Ong, appointed in Jun 2012, has a tenure of 11.83 years. total yearly compensation is HK$26.58M, comprised of 18.3% salary and 81.7% bonuses, including company stock and options. directly owns 0.014% of the company’s shares, worth HK$15.80K. The average tenure of the management team and the board of directors is 11.8 years and 17.6 years respectively.

Key information

Yvette Ong

Chief executive officer

HK$26.6m

Total compensation

CEO salary percentage18.3%
CEO tenure11.8yrs
CEO ownership0.01%
Management average tenure11.8yrs
Board average tenure17.6yrs

Recent management updates

Shareholders Will Probably Hold Off On Increasing Mongolia Energy Corporation Limited's (HKG:276) CEO Compensation For The Time Being

Dec 05
Shareholders Will Probably Hold Off On Increasing Mongolia Energy Corporation Limited's (HKG:276) CEO Compensation For The Time Being

Increases to CEO Compensation Might Be Put On Hold For Now at Mongolia Energy Corporation Limited (HKG:276)

Aug 18
Increases to CEO Compensation Might Be Put On Hold For Now at Mongolia Energy Corporation Limited (HKG:276)

Recent updates

Shareholders Will Probably Hold Off On Increasing Mongolia Energy Corporation Limited's (HKG:276) CEO Compensation For The Time Being

Dec 05
Shareholders Will Probably Hold Off On Increasing Mongolia Energy Corporation Limited's (HKG:276) CEO Compensation For The Time Being

Increases to CEO Compensation Might Be Put On Hold For Now at Mongolia Energy Corporation Limited (HKG:276)

Aug 18
Increases to CEO Compensation Might Be Put On Hold For Now at Mongolia Energy Corporation Limited (HKG:276)

We Wouldn't Rely On Mongolia Energy's (HKG:276) Statutory Earnings As A Guide

Dec 30
We Wouldn't Rely On Mongolia Energy's (HKG:276) Statutory Earnings As A Guide

CEO Compensation Analysis

How has Yvette Ong's remuneration changed compared to Mongolia Energy's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2023n/an/a

-HK$1b

Jun 30 2023n/an/a

-HK$2b

Mar 31 2023HK$27mHK$5m

-HK$2b

Dec 31 2022n/an/a

-HK$1b

Sep 30 2022n/an/a

-HK$1b

Jun 30 2022n/an/a

-HK$746m

Mar 31 2022HK$12mHK$5m

-HK$349m

Dec 31 2021n/an/a

HK$1b

Sep 30 2021n/an/a

HK$3b

Jun 30 2021n/an/a

HK$2b

Mar 31 2021HK$7mHK$5m

HK$2b

Dec 31 2020n/an/a

HK$317m

Sep 30 2020n/an/a

HK$921m

Jun 30 2020n/an/a

HK$1b

Mar 31 2020HK$9mHK$4m

HK$1b

Dec 31 2019n/an/a

HK$573m

Sep 30 2019n/an/a

-HK$295m

Jun 30 2019n/an/a

-HK$170m

Mar 31 2019HK$8mHK$4m

-HK$44m

Dec 31 2018n/an/a

-HK$121m

Sep 30 2018n/an/a

-HK$198m

Jun 30 2018n/an/a

-HK$179m

Mar 31 2018HK$8mHK$4m

-HK$160m

Compensation vs Market: Yvette's total compensation ($USD3.40M) is above average for companies of similar size in the Hong Kong market ($USD232.80K).

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


CEO

Yvette Ong (58 yo)

11.8yrs

Tenure

HK$26,579,000

Compensation

Ms. Yvette Ong has served as Director of Vision Values Holdings Ltd since February 1, 2018. She has been Managing Director at Mongolia Energy Corporation Limited since June 1, 2012. She is responsible for...


Leadership Team

NamePositionTenureCompensationOwnership
Lin Shing Lo
Executive Chairman of the Board24.7yrsHK$30.10m16.12%
HK$ 17.6m
Yvette Ong
MD & Executive Director11.8yrsHK$26.58m0.014%
HK$ 15.8k
Chi Kei Tang
CFO & Company Secretary19.8yrsHK$3.67m0.0012%
HK$ 1.3k
Cze Kei Lo
Executive Director6.2yrsHK$3.83mno data
Cze Wai Lo
Executive Director4.1yrsHK$2.84mno data
Cheuk Yin Ho
Director of Corporate Financeno datano datano data
Tung Poon
Director of Corporate Development & Investor Relationsno datano datano data
Man Choi
Director of Legal & Complianceno datano datano data

11.8yrs

Average Tenure

58yo

Average Age

Experienced Management: 276's management team is seasoned and experienced (11.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Lin Shing Lo
Executive Chairman of the Board24.7yrsHK$30.10m16.12%
HK$ 17.6m
Yvette Ong
MD & Executive Director24.6yrsHK$26.58m0.014%
HK$ 15.8k
Cze Kei Lo
Executive Director7.5yrsHK$3.83mno data
Cze Wai Lo
Executive Director4.1yrsHK$2.84mno data
Hin Tsun To
Non-Executive Director24.7yrsHK$300.00k0.072%
HK$ 78.3k
Kee Wai Lee
Independent Non-Executive Director7.5yrsHK$300.00kno data
Hing Chuen Tsui
Independent Non-Executive Director17.6yrsHK$300.00k0.0066%
HK$ 7.2k
Wai Piu Lau
Independent Non-Executive Director19.6yrsHK$300.00k0.0027%
HK$ 2.9k
Cze Chung Lo
Non-Executive Director1.1yrsHK$40.00kno data

17.6yrs

Average Tenure

58yo

Average Age

Experienced Board: 276's board of directors are seasoned and experienced ( 17.6 years average tenure).


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