Million Cities Holdings Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Ka Keung Lau

Chief executive officer

CN¥4.2m

Total compensation

CEO salary percentage	50.9%
CEO tenure	8.3yrs
CEO ownership	n/a
Management average tenure	8.3yrs
Board average tenure	6.4yrs

Recent management updates

We Discuss Why Million Cities Holdings Limited's (HKG:2892) CEO Compensation May Be Closely Reviewed

Jun 10

Recent updates

Million Cities Holdings Limited's (HKG:2892) Popularity With Investors Under Threat As Stock Sinks 30%

Oct 23

We Discuss Why Million Cities Holdings Limited's (HKG:2892) CEO Compensation May Be Closely Reviewed

Jun 10

Risks Still Elevated At These Prices As Million Cities Holdings Limited (HKG:2892) Shares Dive 31%

May 24

What Million Cities Holdings Limited's (HKG:2892) 32% Share Price Gain Is Not Telling You

Apr 04

Million Cities Holdings Limited's (HKG:2892) Shares Climb 36% But Its Business Is Yet to Catch Up

Feb 01

Does Million Cities Holdings (HKG:2892) Have A Healthy Balance Sheet?

Nov 01

Million Cities Holdings' (HKG:2892) Earnings Are Of Questionable Quality

May 10

What Type Of Returns Would Million Cities Holdings'(HKG:2892) Shareholders Have Earned If They Purchased Their SharesYear Ago?

Dec 17

CEO Compensation Analysis

How has Ka Keung Lau's remuneration changed compared to Million Cities Holdings's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	-CN¥545m
Mar 31 2024	n/a	n/a	-CN¥514m
Dec 31 2023	CN¥4m	CN¥2m	-CN¥482m
Sep 30 2023	n/a	n/a	-CN¥226m
Jun 30 2023	n/a	n/a	CN¥30m
Mar 31 2023	n/a	n/a	CN¥50m
Dec 31 2022	CN¥4m	CN¥2m	CN¥69m
Sep 30 2022	n/a	n/a	CN¥78m
Jun 30 2022	n/a	n/a	CN¥87m
Mar 31 2022	n/a	n/a	CN¥127m
Dec 31 2021	CN¥3m	CN¥2m	CN¥166m
Sep 30 2021	n/a	n/a	CN¥165m
Jun 30 2021	n/a	n/a	CN¥163m
Mar 31 2021	n/a	n/a	CN¥138m
Dec 31 2020	CN¥3m	CN¥2m	CN¥113m
Sep 30 2020	n/a	n/a	CN¥106m
Jun 30 2020	n/a	n/a	CN¥99m
Mar 31 2020	n/a	n/a	CN¥59m
Dec 31 2019	CN¥4m	CN¥2m	CN¥18m
Sep 30 2019	n/a	n/a	CN¥11m
Jun 30 2019	n/a	n/a	CN¥4m
Mar 31 2019	n/a	n/a	CN¥19m
Dec 31 2018	CN¥3m	CN¥2m	CN¥33m
Sep 30 2018	n/a	n/a	CN¥48m
Jun 30 2018	n/a	n/a	CN¥63m
Mar 31 2018	n/a	n/a	CN¥51m
Dec 31 2017	CN¥2m	CN¥2m	CN¥39m

Compensation vs Market: Ka Keung's total compensation ($USD586.02K) is above average for companies of similar size in the Hong Kong market ($USD232.96K).

Compensation vs Earnings: Ka Keung's compensation has increased whilst the company is unprofitable.

CEO

Ka Keung Lau (49 yo)

8.3yrs

Tenure

CN¥4,246,000

Compensation

Mr. Ka Keung Lau, BBS, MH, JP, is an Independent Non-Executive Director at Tianjin Development Holdings Limited since March 30, 2023. He serves as Independent Non-Executive Director of OrbusNeich Medical G...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Ting Chung Wong	Executive Chairman	8yrs	CN¥4.25m	no data
Ka Keung Lau	CEO & Executive Director	8.3yrs	CN¥4.25m	no data
Wa Tat Li	CFO, Company Secretary & Executive Director	4.3yrs	CN¥1.64m	0.00080% HK$ 1.7k
Ko Fuk Ying	Operation Director	no data	no data	no data
Jianxu Quan	Director of Human Resources & Administration	14yrs	no data	no data
Bingqian Lu	General Manager of Million Cities Jianji Real Estate (Tianjin) Company Limited	8.5yrs	no data	no data

8.3yrs

Average Tenure

49.5yo

Average Age

Experienced Management: 2892's management team is seasoned and experienced (8.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Ting Chung Wong	Executive Chairman	8yrs	CN¥4.25m	no data
Ka Keung Lau	CEO & Executive Director	8yrs	CN¥4.25m	no data
Wa Tat Li	CFO, Company Secretary & Executive Director	3.3yrs	CN¥1.64m	0.00080% HK$ 1.7k
Yinquan Li	Independent Non Executive Director	6.4yrs	CN¥270.00k	no data
Shu Kwan Ip	Independent Non Executive Director	6.4yrs	CN¥270.00k	no data
Hiu Fung Chan	Independent Non-Executive Director	2.9yrs	CN¥270.00k	no data

6.4yrs

Average Tenure

59.5yo

Average Age

Experienced Board: 2892's board of directors are considered experienced (6.4 years average tenure).

Million Cities Holdings Management

Management criteria checks 2/4

Key information

Recent management updates

We Discuss Why Million Cities Holdings Limited's (HKG:2892) CEO Compensation May Be Closely Reviewed

Million Cities Holdings Limited, Annual General Meeting, Jun 17, 2024

Million Cities Holdings Limited, Annual General Meeting, Jun 10, 2022

High number of new directors

Recent updates

Million Cities Holdings Limited's (HKG:2892) Popularity With Investors Under Threat As Stock Sinks 30%

First half 2024 earnings released: CN¥0.082 loss per share (vs CN¥0.001 profit in 1H 2023)

New minor risk - Share price stability

Million Cities Holdings Limited Provides Unaudited Consolidated Earnings Guidance for the Six Months Ended 30 June 2024

Million Cities Holdings Limited to Report First Half, 2024 Results on Aug 26, 2024

We Discuss Why Million Cities Holdings Limited's (HKG:2892) CEO Compensation May Be Closely Reviewed

Risks Still Elevated At These Prices As Million Cities Holdings Limited (HKG:2892) Shares Dive 31%

What Million Cities Holdings Limited's (HKG:2892) 32% Share Price Gain Is Not Telling You

Million Cities Holdings Limited, Annual General Meeting, Jun 17, 2024

Full year 2023 earnings released: CN¥0.64 loss per share (vs CN¥0.092 profit in FY 2022)

Million Cities Holdings Limited to Report Fiscal Year 2023 Results on Mar 25, 2024

Million Cities Holdings Limited's (HKG:2892) Shares Climb 36% But Its Business Is Yet to Catch Up

Does Million Cities Holdings (HKG:2892) Have A Healthy Balance Sheet?

First half 2023 earnings released: EPS: CN¥0.001 (vs CN¥0.053 in 1H 2022)

New minor risk - Profit margin trend

Million Cities Holdings Limited Provides Group Earnings Guidance for the Six Months Ended 30 June 2023

Million Cities Holdings Limited to Report Q2, 2023 Results on Aug 28, 2023

Full year 2022 earnings released: EPS: CN¥0.092 (vs CN¥0.22 in FY 2021)

First half 2022 earnings released: EPS: CN¥0.053 (vs CN¥0.16 in 1H 2021)

Million Cities Holdings Limited to Report Q2, 2022 Results on Aug 29, 2022

Full year 2021 earnings released: EPS: CN¥0.22 (vs CN¥0.15 in FY 2020)

Million Cities Holdings Limited, Annual General Meeting, Jun 10, 2022

High number of new directors

First half 2021 earnings released: EPS CN¥0.16 (vs CN¥0.092 in 1H 2020)

GM & Executive Director Kwan Kuen Cheng has left the company

Million Cities Holdings' (HKG:2892) Earnings Are Of Questionable Quality

Full year 2020 earnings released: EPS CN¥0.15 (vs CN¥0.024 in FY 2019)

Million Cities Holdings Limited to Report Fiscal Year 2020 Results on Mar 29, 2021

New 90-day high: HK$1.30

New 90-day high: HK$1.20

What Type Of Returns Would Million Cities Holdings'(HKG:2892) Shareholders Have Earned If They Purchased Their SharesYear Ago?

New 90-day high: HK$1.15

First half earnings released

Earnings released

New 90-day low - HK$1.05

Million Cities Holdings Limited to Report First Half, 2020 Results on Aug 24, 2020

New 90-day low - HK$1.10

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age