Persistence Resources Group Management
Management criteria checks 3/4
We currently do not have sufficient information about the CEO.
Key information
Richard Shao
Chief executive officer
CN¥561.0k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 2.8yrs |
| CEO ownership | n/a |
| Management average tenure | 2.8yrs |
| Board average tenure | 2.3yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | CN¥97m |
| Jun 30 2024 | n/a | n/a | CN¥85m |
| Mar 31 2024 | n/a | n/a | CN¥71m |
| Dec 31 2023 | CN¥561k | CN¥561k | CN¥65m |
| Sep 30 2023 | n/a | n/a | CN¥69m |
| Jun 30 2023 | n/a | n/a | CN¥69m |
| Mar 31 2023 | n/a | n/a | CN¥78m |
| Dec 31 2022 | CN¥488k | CN¥488k | CN¥83m |
| Dec 31 2021 | CN¥481k | CN¥481k | CN¥42m |
Compensation vs Market: Richard's total compensation ($USD76.86K) is below average for companies of similar size in the Hong Kong market ($USD348.00K).
Compensation vs Earnings: Richard's compensation has been consistent with company performance over the past year.
CEO
Richard Shao (61 yo)
2.8yrs
Tenure
CN¥561,000
Compensation
Dr. Xuxin Shao, also known as Richard, Ph D, has been an Advisor to a number of companies in the evaluation and processing of minerals in North America and China since 1998. Dr. Shao has been Chairman and...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & CEO | 2.8yrs | CN¥561.00k | no data | |
| CFO, Company Secretary & Executive Director | 2.8yrs | CN¥1.28m | no data | |
| Executive Director | 2.8yrs | CN¥464.00k | no data | |
| Executive Director | 2.8yrs | CN¥226.00k | no data | |
| Head of Mine Operations | 4.3yrs | no data | no data | |
| Chairman & GM of Yantai Zhongjia Mining Co. Ltd | 3.6yrs | no data | no data |
2.8yrs
Average Tenure
61yo
Average Age
Experienced Management: 2489's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & CEO | 5.6yrs | CN¥561.00k | no data | |
| CFO, Company Secretary & Executive Director | 4.6yrs | CN¥1.28m | no data | |
| Executive Director | 5.6yrs | CN¥464.00k | no data | |
| Executive Director | 4.6yrs | CN¥226.00k | no data | |
| Chairman & GM of Yantai Zhongjia Mining Co. Ltd | 3.6yrs | no data | no data | |
| Independent Non Executive Director | 1.1yrs | CN¥19.00k | no data | |
| Independent Non-Executive Director | 1.1yrs | CN¥19.00k | no data | |
| Independent Non Executive Director | 1.1yrs | CN¥19.00k | no data | |
| Independent Non Executive Director | 1.1yrs | CN¥19.00k | no data | |
| Non-Executive Director | less than a year | no data | 0.91% HK$ 15.5m |
2.3yrs
Average Tenure
58yo
Average Age
Experienced Board: 2489's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 22:53 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| 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 |
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* 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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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
Persistence Resources Group Ltd is covered by 0 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.
| Analyst | Institution |
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