Shareholders May Not Be So Generous With Anton Oilfield Services Group's (HKG:3337) CEO Compensation And Here's Why
Key Insights
- Anton Oilfield Services Group will host its Annual General Meeting on 27th of May
- Salary of CN¥2.15m is part of CEO Zhifeng Pi's total remuneration
- The overall pay is 274% above the industry average
- Anton Oilfield Services Group's EPS grew by 52% over the past three years while total shareholder return over the past three years was 130%
Under the guidance of CEO Zhifeng Pi, Anton Oilfield Services Group (HKG:3337) has performed reasonably well recently. As shareholders go into the upcoming AGM on 27th of May, CEO compensation will probably not be their focus, but rather the steps management will take to continue the growth momentum. However, some shareholders will still be cautious of paying the CEO excessively.
View our latest analysis for Anton Oilfield Services Group
Comparing Anton Oilfield Services Group's CEO Compensation With The Industry
According to our data, Anton Oilfield Services Group has a market capitalization of HK$2.7b, and paid its CEO total annual compensation worth CN¥2.9m over the year to December 2024. That's a notable increase of 27% on last year. Notably, the salary which is CN¥2.15m, represents most of the total compensation being paid.
In comparison with other companies in the Hong Kong Energy Services industry with market capitalizations ranging from HK$1.6b to HK$6.3b, the reported median CEO total compensation was CN¥779k. Hence, we can conclude that Zhifeng Pi is remunerated higher than the industry median.
Component | 2024 | 2023 | Proportion (2024) |
Salary | CN¥2.1m | CN¥1.9m | 74% |
Other | CN¥770k | CN¥394k | 26% |
Total Compensation | CN¥2.9m | CN¥2.3m | 100% |
On an industry level, around 74% of total compensation represents salary and 26% is other remuneration. Our data reveals that Anton Oilfield Services Group allocates salary more or less in line with the wider market. If salary is the major component in total compensation, it suggests that the CEO receives a higher fixed proportion of the total compensation, regardless of performance.
A Look at Anton Oilfield Services Group's Growth Numbers
Over the past three years, Anton Oilfield Services Group has seen its earnings per share (EPS) grow by 52% per year. It achieved revenue growth of 7.2% over the last year.
Shareholders would be glad to know that the company has improved itself over the last few years. It's also good to see modest revenue growth, suggesting the underlying business is healthy. Historical performance can sometimes be a good indicator on what's coming up next but if you want to peer into the company's future you might be interested in this free visualization of analyst forecasts.
Has Anton Oilfield Services Group Been A Good Investment?
Boasting a total shareholder return of 130% over three years, Anton Oilfield Services Group has done well by shareholders. As a result, some may believe the CEO should be paid more than is normal for companies of similar size.
In Summary...
Given that the company's overall performance has been reasonable, the CEO remuneration policy might not be shareholders' central point of focus in the upcoming AGM. However, if the board proposes to increase the compensation, some shareholders might have questions given that the CEO is already being paid higher than the industry.
CEO compensation is one thing, but it is also interesting to check if the CEO is buying or selling Anton Oilfield Services Group (free visualization of insider trades).
Switching gears from Anton Oilfield Services Group, if you're hunting for a pristine balance sheet and premium returns, this free list of high return, low debt companies is a great place to look.
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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.