Sunshine Insurance Group Management
Management criteria checks 3/4
Sunshine Insurance Group's CEO is Weigong Zhang, appointed in Mar 2023, has a tenure of 1.75 years. total yearly compensation is CN¥3.44M, comprised of 98.1% salary and 1.9% bonuses, including company stock and options. directly owns 0.094% of the company’s shares, worth HK$29.27M. The average tenure of the management team and the board of directors is 1.8 years and 4 years respectively.
Key information
Weigong Zhang
Chief executive officer
CN¥3.4m
Total compensation
| CEO salary percentage | 98.1% |
| CEO tenure | 1.8yrs |
| CEO ownership | 0.09% |
| Management average tenure | 1.8yrs |
| Board average tenure | 4yrs |
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | CN¥4b |
| Mar 31 2024 | n/a | n/a | CN¥4b |
| Dec 31 2023 | CN¥3m | CN¥3m | CN¥4b |
| Sep 30 2023 | n/a | n/a | CN¥4b |
| Jun 30 2023 | n/a | n/a | CN¥5b |
| Mar 31 2023 | n/a | n/a | CN¥5b |
| Dec 31 2022 | CN¥4m | CN¥4m | CN¥4b |
| Sep 30 2022 | n/a | n/a | CN¥6b |
| Jun 30 2022 | n/a | n/a | CN¥7b |
| Mar 31 2022 | n/a | n/a | CN¥6b |
| Dec 31 2021 | CN¥5m | CN¥4m | CN¥6b |
Compensation vs Market: Weigong's total compensation ($USD471.21K) is about average for companies of similar size in the Hong Kong market ($USD471.04K).
Compensation vs Earnings: Weigong's compensation has been consistent with company performance over the past year.
CEO
Weigong Zhang (61 yo)
1.8yrs
Tenure
CN¥3,438,000
Compensation
Mr. Zhang Weigong is the founder, chairman of the Board, Executive Director and chief Executive Officer of Sunshine Insurance Group Company Limited. Mr. Zhang has served as the chairman and an executive Di...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 1.8yrs | CN¥3.44m | 0.094% HK$ 29.3m | |
| Co-CEO, GM & Executive Director | 1.8yrs | CN¥4.73m | 0.11% HK$ 33.2m | |
| Co-CEO, CFO | 14.9yrs | CN¥4.94m | 0.059% HK$ 18.5m | |
| Vice Chairman of the Board | 11.4yrs | CN¥3.12m | 0.10% HK$ 32.0m | |
| Deputy GM | no data | CN¥3.83m | 0.056% HK$ 17.5m | |
| Chief Compliance Officer & Chief Risk Officer | 10.6yrs | no data | no data | |
| Joint Company Secretary | 1.3yrs | no data | no data | |
| Head of Securities Affairs & Joint Company Secretary | less than a year | no data | no data |
1.8yrs
Average Tenure
58yo
Average Age
Experienced Management: 6963's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 17.3yrs | CN¥3.44m | 0.094% HK$ 29.3m | |
| Co-CEO, GM & Executive Director | 12.3yrs | CN¥4.73m | 0.11% HK$ 33.2m | |
| Co-CEO, CFO | 9.3yrs | CN¥4.94m | 0.059% HK$ 18.5m | |
| Vice Chairman of the Board | 11.4yrs | CN¥3.12m | 0.10% HK$ 32.0m | |
| Deputy GM | 4yrs | CN¥3.83m | 0.056% HK$ 17.5m | |
| Independent Non-Executive Director | 3.1yrs | CN¥252.00k | no data | |
| Non-Executive Director | 6yrs | no data | no data | |
| Chairman of Supervisory Board | 4yrs | no data | no data | |
| Non-Executive Director | 1.3yrs | no data | no data | |
| Non-Executive Director | 1.3yrs | no data | no data | |
| Independent Non-Executive Director | 1.3yrs | CN¥88.00k | no data | |
| Independent Non-Executive Director | 1.2yrs | no data | no data |
4.0yrs
Average Tenure
61yo
Average Age
Experienced Board: 6963's board of directors are considered experienced (4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 20:45 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
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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
Sunshine Insurance Group Company Limited is covered by 5 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Yung Chen | CCB International Securities Limited |
| Qingqing Mao | China International Capital Corporation Limited |
| Chengdun Tong | Citic Securities Co., Ltd. |