Rare Earth Magnesium Technology Group Holdings Management
Management criteria checks 4/4
We currently do not have sufficient information about the CEO.
Key information
Sai Chit Shum
Chief executive officer
HK$600.0k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 4.9yrs |
| CEO ownership | n/a |
| Management average tenure | 4.9yrs |
| Board average tenure | 9.2yrs |
Recent management updates
Recent updates
Rare Earth Magnesium Technology Group Holdings Limited (HKG:601) Stock Rockets 30% As Investors Are Less Pessimistic Than Expected
Apr 07
Rare Earth Magnesium Technology Group Holdings Limited (HKG:601) Shares May Have Slumped 29% But Getting In Cheap Is Still Unlikely
Jan 22Is Rare Earth Magnesium Technology Group Holdings (HKG:601) Weighed On By Its Debt Load?
Dec 06Health Check: How Prudently Does Rare Earth Magnesium Technology Group Holdings (HKG:601) Use Debt?
Sep 03Rare Earth Magnesium Technology Group Holdings (HKG:601) Has Debt But No Earnings; Should You Worry?
Sep 29A Look At The Fair Value Of Rare Earth Magnesium Technology Group Holdings Limited (HKG:601)
Jun 15Is Rare Earth Magnesium Technology Group Holdings (HKG:601) Using Debt In A Risky Way?
Apr 08Estimating The Fair Value Of Rare Earth Magnesium Technology Group Holdings Limited (HKG:601)
May 04Is Rare Earth Magnesium Technology Group Holdings (HKG:601) A Risky Investment?
Mar 30Rare Earth Magnesium Technology Group Holdings' (HKG:601) Shareholders Are Down 76% On Their Shares
Feb 09
Estimating The Intrinsic Value Of Rare Earth Magnesium Technology Group Holdings Limited (HKG:601)
Jan 05Rare Earth Magnesium Technology Group Holdings (HKG:601) Use Of Debt Could Be Considered Risky
Dec 01CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | HK$600k | HK$600k | -HK$424m |
| Sep 30 2023 | n/a | n/a | -HK$220m |
| Jun 30 2023 | n/a | n/a | -HK$16m |
| Mar 31 2023 | n/a | n/a | -HK$7m |
| Dec 31 2022 | HK$734k | n/a | HK$1m |
| Sep 30 2022 | n/a | n/a | -HK$190m |
| Jun 30 2022 | n/a | n/a | -HK$381m |
| Mar 31 2022 | n/a | n/a | -HK$357m |
| Dec 31 2021 | HK$573k | HK$250k | -HK$332m |
| Sep 30 2021 | n/a | n/a | -HK$220m |
| Jun 30 2021 | n/a | n/a | -HK$108m |
| Mar 31 2021 | n/a | n/a | -HK$91m |
| Dec 31 2020 | HK$539k | n/a | -HK$74m |
| Sep 30 2020 | n/a | n/a | HK$3m |
| Jun 30 2020 | n/a | n/a | HK$81m |
| Mar 31 2020 | n/a | n/a | HK$145m |
| Dec 31 2019 | HK$803k | n/a | HK$210m |
| Jun 30 2019 | n/a | n/a | HK$229m |
| Mar 31 2019 | n/a | n/a | HK$223m |
| Dec 31 2018 | HK$847k | n/a | HK$218m |
Compensation vs Market: Sai Chit's total compensation ($USD76.72K) is below average for companies of similar size in the Hong Kong market ($USD233.89K).
Compensation vs Earnings: Sai Chit's compensation has been consistent with company performance over the past year.
CEO
Sai Chit Shum (65 yo)
4.9yrs
Tenure
HK$600,000
Compensation
Mr. Sai Chit Shum has been Chief Executive Officer of Rare Earth Magnesium Technology Group Holdings Limited (formerly Group Sense International Ltd.) since June 26, 2019. Mr. Shum had been the Chief Execu...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & CEO | 4.9yrs | HK$600.00k | no data | |
| Executive Director | 2.8yrs | HK$618.00k | no data | |
| Founder | no data | HK$2.82m | no data | |
| Chief Engineer of Magnesium Products | no data | no data | no data | |
| Executive Officer of Research & Development and Marketing Strategy | no data | no data | no data | |
| Company Secretary | 8.8yrs | no data | no data |
4.9yrs
Average Tenure
61yo
Average Age
Experienced Management: 601's management team is considered experienced (4.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & CEO | 9.2yrs | HK$600.00k | no data | |
| Executive Director | 2.8yrs | HK$618.00k | no data | |
| Independent Non Executive Director | 9.2yrs | HK$30.00k | no data | |
| Independent Non Executive Director | 9.2yrs | HK$30.00k | no data | |
| Independent Non-Executive Director | 1.7yrs | HK$30.00k | no data |
9.2yrs
Average Tenure
58yo
Average Age
Experienced Board: 601's board of directors are considered experienced (9.2 years average tenure).