IRC Limited

SEHK:1029 Stock Report

Market Cap: HK$939.3m

IRC Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Denis Vitalievich Cherednichenko

Chief executive officer

US$1.3m

Total compensation

CEO salary percentage67.86%
CEO tenure3.8yrs
CEO ownershipn/a
Management average tenure5yrs
Board average tenure4yrs

Recent management updates

Analysis Article • Jun 18

Shareholders May Not Be So Generous With IRC Limited's (HKG:1029) CEO Compensation And Here's Why

Performance at IRC Limited ( HKG:1029 ) has been reasonably good and CEO Yury V. Makarov has done a decent job of...

Recent updates

Analysis Article • Dec 28

Returns Are Gaining Momentum At IRC (HKG:1029)

There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...
Analysis Article • Sep 02

Is IRC (HKG:1029) A Risky Investment?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article • May 23

These 4 Measures Indicate That IRC (HKG:1029) Is Using Debt Reasonably Well

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article • Apr 01

With EPS Growth And More, IRC (HKG:1029) Is Interesting

It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
Analysis Article • Feb 26

Under The Bonnet, IRC's (HKG:1029) Returns Look Impressive

There are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...
Analysis Article • Nov 05

Here's Why IRC (HKG:1029) Can Manage Its Debt Responsibly

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article • Aug 20

IRC (HKG:1029) Is Doing The Right Things To Multiply Its Share Price

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Analysis Article • Jun 18

Shareholders May Not Be So Generous With IRC Limited's (HKG:1029) CEO Compensation And Here's Why

Performance at IRC Limited ( HKG:1029 ) has been reasonably good and CEO Yury V. Makarov has done a decent job of...
Analysis Article • May 10

Returns On Capital Are Showing Encouraging Signs At IRC (HKG:1029)

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...
Analysis Article • Apr 05

IRC (HKG:1029) Has A Somewhat Strained Balance Sheet

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article • Dec 27

How Much Does IRC's (HKG:1029) CEO Make?

Yury V. Makarov became the CEO of IRC Limited ( HKG:1029 ) in 2010, and we think it's a good time to look at the...
Analysis Article • Dec 01

Reflecting on IRC's (HKG:1029) Share Price Returns Over The Last Three Years

This month, we saw the IRC Limited ( HKG:1029 ) up an impressive 32%. But that doesn't change the fact that the returns...

CEO Compensation Analysis

How has Denis Vitalievich Cherednichenko's remuneration changed compared to IRC's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025US$1mUS$889k

-US$131m

Sep 30 2025n/an/a

-US$120m

Jun 30 2025n/an/a

-US$109m

Mar 31 2025n/an/a

-US$65m

Dec 31 2024US$1mUS$852k

-US$20m

Sep 30 2024n/an/a

-US$62m

Jun 30 2024n/an/a

-US$104m

Mar 31 2024n/an/a

-US$131m

Dec 31 2023US$1mUS$858k

-US$157m

Sep 30 2023n/an/a

-US$116m

Jun 30 2023n/an/a

-US$76m

Mar 31 2023n/an/a

-US$82m

Dec 31 2022US$429kUS$429k

-US$88m

Compensation vs Market: Denis Vitalievich's total compensation ($USD1.31M) is above average for companies of similar size in the Hong Kong market ($USD239.62K).

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

CEO

Denis Vitalievich Cherednichenko (46 yo)

3.8yrs
Tenure
US$1,310,000
Compensation

Mr. Denis Vitalievich Cherednichenko is CEO & Executive Director of IRC Limited from July 01, 2022. He was the CEO of JSC Rosatom Healthcare, Enterprise of State Corporation Rosatom, a radiopharmaceuticals...

Leadership Team

NamePositionTenureCompensationOwnership
Denis Vitalievich Cherednichenko
CEO & Executive Director3.8yrsUS$1.31mno data
Danila Kotlyarov
Chief Financial Officer3.8yrsno datano data
Galina Samoylova
Group Head of Technologiesno datano datano data
Roman Kazakov
Group Head of Legal & Corporate Affairsno datano datano data
Shiu Cheong Yuen
Finance Director – Hong Kong & Company Secretary11.2yrsno datano data
Chi Kin Cheng
Consultant6.2yrsUS$20.00kno data
5.0yrs
Average Tenure
52.5yo
Average Age

Experienced Management: 1029's management team is seasoned and experienced (5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Denis Vitalievich Cherednichenko
CEO & Executive Director3.8yrsUS$1.31mno data
Pavel Maslovskiy
Emeritus Directorno dataUS$98.00kno data
Natalia Klimentievna Ozhegina
Independent Non-Executive Director4yrsUS$114.00kno data
Nikolai Valentinovich Levitskii
Non-Executive Chairman4.2yrsUS$210.00kno data
Dmitry Vsevolodovich Dobryak
Independent Non-Executive Director4.2yrsUS$114.00kno data
Alexey Mihailovich Romanenko
Independent Non-Executive Director4yrsUS$114.00kno data
Vitaly Georgievich Sheremet
Independent Non-Executive Director4yrsUS$114.00kno data
4.0yrs
Average Tenure
52yo
Average Age

Experienced Board: 1029's board of directors are considered experienced (4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/21 17:13
End of Day Share Price 2026/05/21 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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.

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 Github.

Analyst Sources

IRC Limited is covered by 7 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Krishan AgarwalBarclays
Ephrem RaviBarclays
Daniel LianBofA Global Research