First Pacific Company Limited

SEHK:142 Stock Report

Market Cap: HK$18.4b

First Pacific Management

Management criteria checks 3/4

First Pacific's CEO is Manny Pangilinan, appointed in Jun 2003, has a tenure of 21.58 years. total yearly compensation is $13.29M, comprised of 32.4% salary and 67.6% bonuses, including company stock and options. directly owns 0.053% of the company’s shares, worth HK$9.67M. The average tenure of the management team and the board of directors is 4.5 years and 12.1 years respectively.

Key information

Manny Pangilinan

Chief executive officer

US$13.3m

Total compensation

CEO salary percentage32.4%
CEO tenure21.6yrs
CEO ownership0.05%
Management average tenure4.5yrs
Board average tenure12.1yrs

Recent management updates

We Think Shareholders Are Less Likely To Approve A Large Pay Rise For First Pacific Company Limited's (HKG:142) CEO For Now

Jun 07
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For First Pacific Company Limited's (HKG:142) CEO For Now

Recent updates

What Is First Pacific Company Limited's (HKG:142) Share Price Doing?

Jan 20
What Is First Pacific Company Limited's (HKG:142) Share Price Doing?

Is First Pacific (HKG:142) A Risky Investment?

Dec 06
Is First Pacific (HKG:142) A Risky Investment?

Sentiment Still Eluding First Pacific Company Limited (HKG:142)

Oct 31
Sentiment Still Eluding First Pacific Company Limited (HKG:142)

What Is First Pacific Company Limited's (HKG:142) Share Price Doing?

Oct 14
What Is First Pacific Company Limited's (HKG:142) Share Price Doing?

First Pacific (HKG:142) Is Looking To Continue Growing Its Returns On Capital

Sep 13
First Pacific (HKG:142) Is Looking To Continue Growing Its Returns On Capital

Why First Pacific Company Limited (HKG:142) Could Be Worth Watching

Jul 01
Why First Pacific Company Limited (HKG:142) Could Be Worth Watching

We Think Shareholders Are Less Likely To Approve A Large Pay Rise For First Pacific Company Limited's (HKG:142) CEO For Now

Jun 07
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For First Pacific Company Limited's (HKG:142) CEO For Now

First Pacific Company Limited's (HKG:142) Prospects Need A Boost To Lift Shares

May 28
First Pacific Company Limited's (HKG:142) Prospects Need A Boost To Lift Shares

First Pacific (HKG:142) Will Pay A Larger Dividend Than Last Year At $0.125

May 11
First Pacific (HKG:142) Will Pay A Larger Dividend Than Last Year At $0.125

First Pacific (HKG:142) Will Pay A Larger Dividend Than Last Year At $0.125

Apr 26
First Pacific (HKG:142) Will Pay A Larger Dividend Than Last Year At $0.125

Here's Why We Think First Pacific (HKG:142) Might Deserve Your Attention Today

Apr 16
Here's Why We Think First Pacific (HKG:142) Might Deserve Your Attention Today

Is First Pacific (HKG:142) Using Too Much Debt?

Mar 29
Is First Pacific (HKG:142) Using Too Much Debt?

First Pacific (HKG:142) Is Increasing Its Dividend To $0.125

Mar 29
First Pacific (HKG:142) Is Increasing Its Dividend To $0.125

First Pacific Company Limited's (HKG:142) Shares Lagging The Market But So Is The Business

Jan 23
First Pacific Company Limited's (HKG:142) Shares Lagging The Market But So Is The Business

Here's Why First Pacific (HKG:142) Has Caught The Eye Of Investors

Dec 14
Here's Why First Pacific (HKG:142) Has Caught The Eye Of Investors

Should You Think About Buying First Pacific Company Limited (HKG:142) Now?

Nov 24
Should You Think About Buying First Pacific Company Limited (HKG:142) Now?

Does First Pacific (HKG:142) Have A Healthy Balance Sheet?

Sep 21
Does First Pacific (HKG:142) Have A Healthy Balance Sheet?

Should You Be Adding First Pacific (HKG:142) To Your Watchlist Today?

Aug 31
Should You Be Adding First Pacific (HKG:142) To Your Watchlist Today?

At HK$2.96, Is First Pacific Company Limited (HKG:142) Worth Looking At Closely?

Aug 09
At HK$2.96, Is First Pacific Company Limited (HKG:142) Worth Looking At Closely?

First Pacific (HKG:142) Has A Somewhat Strained Balance Sheet

May 26
First Pacific (HKG:142) Has A Somewhat Strained Balance Sheet

Here's Why We Think First Pacific (HKG:142) Is Well Worth Watching

May 08
Here's Why We Think First Pacific (HKG:142) Is Well Worth Watching

Is First Pacific Company Limited (HKG:142) Potentially Undervalued?

Apr 19
Is First Pacific Company Limited (HKG:142) Potentially Undervalued?

First Pacific (HKG:142) Is Paying Out A Larger Dividend Than Last Year

Apr 02
First Pacific (HKG:142) Is Paying Out A Larger Dividend Than Last Year

Is Now The Time To Put First Pacific (HKG:142) On Your Watchlist?

Jan 27
Is Now The Time To Put First Pacific (HKG:142) On Your Watchlist?

Is Now The Time To Look At Buying First Pacific Company Limited (HKG:142)?

Jan 06
Is Now The Time To Look At Buying First Pacific Company Limited (HKG:142)?

First Pacific (HKG:142) Takes On Some Risk With Its Use Of Debt

Dec 11
First Pacific (HKG:142) Takes On Some Risk With Its Use Of Debt

Should You Investigate First Pacific Company Limited (HKG:142) At HK$2.55?

Sep 28
Should You Investigate First Pacific Company Limited (HKG:142) At HK$2.55?

Does First Pacific (HKG:142) Have A Healthy Balance Sheet?

Sep 02
Does First Pacific (HKG:142) Have A Healthy Balance Sheet?

With EPS Growth And More, First Pacific (HKG:142) Makes An Interesting Case

Aug 03
With EPS Growth And More, First Pacific (HKG:142) Makes An Interesting Case

First Pacific (HKG:142) Is Increasing Its Dividend To HK$0.10

Jun 17
First Pacific (HKG:142) Is Increasing Its Dividend To HK$0.10

Is Now An Opportune Moment To Examine First Pacific Company Limited (HKG:142)?

Jun 11
Is Now An Opportune Moment To Examine First Pacific Company Limited (HKG:142)?

Shareholders Can Be Confident That First Pacific's (HKG:142) Earnings Are High Quality

May 02
Shareholders Can Be Confident That First Pacific's (HKG:142) Earnings Are High Quality

First Pacific (HKG:142) Has Announced That It Will Be Increasing Its Dividend To HK$0.10

Apr 20
First Pacific (HKG:142) Has Announced That It Will Be Increasing Its Dividend To HK$0.10

News Flash: Analysts Just Made A Notable Upgrade To Their First Pacific Company Limited (HKG:142) Forecasts

Apr 07
News Flash: Analysts Just Made A Notable Upgrade To Their First Pacific Company Limited (HKG:142) Forecasts

First Pacific's (HKG:142) Upcoming Dividend Will Be Larger Than Last Year's

Apr 06
First Pacific's (HKG:142) Upcoming Dividend Will Be Larger Than Last Year's

Should You Investigate First Pacific Company Limited (HKG:142) At HK$2.80?

Nov 30
Should You Investigate First Pacific Company Limited (HKG:142) At HK$2.80?

First Pacific (HKG:142) Seems To Be Using A Lot Of Debt

Aug 29
First Pacific (HKG:142) Seems To Be Using A Lot Of Debt

Is Now The Time To Look At Buying First Pacific Company Limited (HKG:142)?

Aug 03
Is Now The Time To Look At Buying First Pacific Company Limited (HKG:142)?

Should First Pacific Company Limited (HKG:142) Be Part Of Your Dividend Portfolio?

Apr 23
Should First Pacific Company Limited (HKG:142) Be Part Of Your Dividend Portfolio?

Have Insiders Been Buying First Pacific Company Limited (HKG:142) Shares?

Mar 19
Have Insiders Been Buying First Pacific Company Limited (HKG:142) Shares?

What Type Of Shareholders Own The Most Number of First Pacific Company Limited (HKG:142) Shares?

Feb 21
What Type Of Shareholders Own The Most Number of First Pacific Company Limited (HKG:142) Shares?

What Type Of Returns Would First Pacific's(HKG:142) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

Jan 25
What Type Of Returns Would First Pacific's(HKG:142) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

How Does First Pacific's (HKG:142) CEO Pay Compare With Company Performance?

Dec 30
How Does First Pacific's (HKG:142) CEO Pay Compare With Company Performance?

Is First Pacific Company Limited (HKG:142) A Strong Dividend Stock?

Dec 05
Is First Pacific Company Limited (HKG:142) A Strong Dividend Stock?

CEO Compensation Analysis

How has Manny Pangilinan's remuneration changed compared to First Pacific's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

US$433m

Mar 31 2024n/an/a

US$467m

Dec 31 2023US$13mUS$4m

US$501m

Sep 30 2023n/an/a

US$498m

Jun 30 2023n/an/a

US$496m

Mar 31 2023n/an/a

US$444m

Dec 31 2022US$12mUS$7m

US$392m

Sep 30 2022n/an/a

US$394m

Jun 30 2022n/an/a

US$396m

Mar 31 2022n/an/a

US$320m

Dec 31 2021US$10mUS$5m

US$245m

Sep 30 2021n/an/a

US$187m

Jun 30 2021n/an/a

US$129m

Mar 31 2021n/an/a

US$131m

Dec 31 2020US$10mUS$6m

US$133m

Jun 30 2020n/an/a

-US$97m

Mar 31 2020n/an/a

-US$218m

Dec 31 2019US$13mUS$5m

-US$339m

Sep 30 2019n/an/a

-US$202m

Jun 30 2019n/an/a

-US$150m

Mar 31 2019n/an/a

-US$9m

Dec 31 2018US$7mUS$4m

US$132m

Compensation vs Market: Manny's total compensation ($USD13.29M) is above average for companies of similar size in the Hong Kong market ($USD512.51K).

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


CEO

Manny Pangilinan (78 yo)

21.6yrs

Tenure

US$13,290,000

Compensation

Mr. Manuel Velez Pangilinan, also known as Manny, serves as Director since December 22, 2023 at Axelum Resources Corp. He has been Chairman of SP New Energy Corporation since 2023. He had been President an...


Leadership Team

NamePositionTenureCompensationOwnership
Manuel Pangilinan
CEO, MD & Executive Director21.6yrsUS$13.29m0.053%
HK$ 9.7m
Christopher Huxley Young
Executive Director2.4yrsUS$3.48m0.20%
HK$ 36.2m
Hon Pong Ng
CFO & Associate Director2.4yrsno datano data
John W. Ryan
Chief Investor Relations and Sustainability & Associate Director9.3yrsno datano data
Wing Man Chiu
EVP, Company Secretary & General Counsel2.7yrsno datano data
S. K. Cheung
Vice President of Group Corporate Communicationsno datano datano data
T. H. Lin
Executive Vice President of Group Treasury & Tax and Group Human Resources6yrsno datano data
Ping Cheung Chan
Executive VP & Group Financial Controller11yrsno datano data
W. Y. Lau
VP & Company Secretariat3yrsno datano data
Stanley H. Yang
Associate Directorno datano datano data

4.5yrs

Average Tenure

57.5yo

Average Age

Experienced Management: 142's management team is considered experienced (4.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Manuel Pangilinan
CEO, MD & Executive Directorno dataUS$13.29m0.053%
HK$ 9.7m
Christopher Huxley Young
Executive Director7.4yrsUS$3.48m0.20%
HK$ 36.2m
Kwan Yiu Chen
Independent Non-Executive Director32yrsUS$256.00k0.077%
HK$ 14.1m
Anthoni Salim
Non-Executive Chairman44yrsUS$3.38m26.69%
HK$ 4.9b
Benny Santoso
Non-Executive Director21.6yrsUS$241.00k0.022%
HK$ 4.1m
Yan Hok Fan
Independent Non-Executive Director12.1yrsUS$238.00k0.26%
HK$ 46.9m
Blair Chilton Pickerell
Independent Non-Executive Director4.8yrsUS$195.00k0.030%
HK$ 5.5m
Axton Salim
Non-Executive Director4.8yrsUS$2.40mno data
May-Yee Leung Ko
Independent Non-Executive Director12.1yrsUS$256.00k0.057%
HK$ 10.4m
Suh Shin Lee
Independent Non-Executive Director9.3yrsUS$262.00k0.029%
HK$ 5.3m

12.1yrs

Average Tenure

70yo

Average Age

Experienced Board: 142's board of directors are seasoned and experienced ( 12.1 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/24 16:36
End of Day Share Price 2025/01/24 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

First Pacific Company Limited is covered by 7 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Karl ChoiBofA Global Research
Chi Man WongChina Galaxy International Securities (Hong Kong)
Shaun CochranCLSA