New China Life Insurance Company Ltd.

SEHK:1336 Stock Report

Market Cap: HK$87.5b

New China Life Insurance Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Hong Zhang

Chief executive officer

CN¥3.4m

Total compensation

CEO salary percentage48.7%
CEO tenure1.2yrs
CEO ownershipn/a
Management average tenure1.8yrs
Board average tenure3.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Hong Zhang's remuneration changed compared to New China Life Insurance's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

CN¥7b

Dec 31 2023CN¥3mCN¥2m

CN¥9b

Sep 30 2023n/an/a

CN¥20b

Jun 30 2023n/an/a

CN¥22b

Mar 31 2023n/an/a

CN¥25b

Dec 31 2022CN¥413mCN¥2m

CN¥22b

Sep 30 2022n/an/a

CN¥14b

Jun 30 2022n/an/a

CN¥14b

Mar 31 2022n/an/a

CN¥12b

Dec 31 2021CN¥3mCN¥1m

CN¥15b

Compensation vs Market: Hong's total compensation ($USD473.29K) is below average for companies of similar size in the Hong Kong market ($USD891.84K).

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


CEO

Hong Zhang (60 yo)

1.2yrs

Tenure

CN¥3,434,000

Compensation

Mr. Hong Zhang served as Vice President of New China Life Insurance Company Ltd. since June 21, 2021 until April 10, 2023 and since April 10, 2023 serves as its President and also serves as its Executive D...


Leadership Team

NamePositionTenureCompensationOwnership
Yucheng Yang
Executive Chairmanless than a yearCN¥185.00kno data
Hong Zhang
President & Executive Director1.2yrsCN¥3.43mno data
Hongbo Qin
VP & Chief Risk Officer1.8yrsCN¥972.80kno data
Xingfeng Gong
VP, Chief Actuary13.8yrsCN¥936.30kno data
Tao Zhang
Head of Accounting Departmentno datano datano data
Zhongzhu Wang
GM of Discipline Inspection & Supervision Office and Employee Representative Supervisorno datano datano data
Sau Mei Ng
Joint Company Secretary2.5yrsno datano data

1.8yrs

Average Tenure

53.5yo

Average Age

Experienced Management: 1336's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Yucheng Yang
Executive Chairmanless than a yearCN¥185.00kno data
Hong Zhang
President & Executive Director3yrsCN¥3.43mno data
Zhongzhu Wang
GM of Discipline Inspection & Supervision Office and Employee Representative Supervisor8.3yrsno datano data
Aimin Hu
Non-Executive Director8yrsno datano data
Yongqing Guo
Independent Non-Executive Director1.6yrsCN¥293.00kno data
Yi Yang
Non-Executive Director5.9yrsno datano data
Qiqiang Li
Non-Executive Director4.8yrsno datano data
Yiu Tim Ma
Independent Non Executive Director4.5yrsCN¥270.00kno data
Debin Liu
Chairman of Board of Supervisor3.2yrsno datano data
Xingda He
Non-Executive Director2.7yrsno datano data
Xue Yang
Non-Executive Director2.7yrsno datano data
Xu Xu
Independent Non-Executive Director1.6yrsCN¥293.00kno data

3.1yrs

Average Tenure

52yo

Average Age

Experienced Board: 1336's board of directors are considered experienced (3.1 years average tenure).


Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.