Lai Sun Development Management

Management criteria checks 3/4

Lai Sun Development's CEO is Julius Lau, appointed in Nov 2005, has a tenure of 18.5 years. total yearly compensation is HK$4.76M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0.041% of the company’s shares, worth HK$337.90K. The average tenure of the management team and the board of directors is 6.8 years and 17 years respectively.

Key information

Julius Lau

Chief executive officer

HK$4.8m

Total compensation

CEO salary percentage	100.0%
CEO tenure	18.5yrs
CEO ownership	0.04%
Management average tenure	6.8yrs
Board average tenure	17yrs

Recent management updates

Recent updates

Some Confidence Is Lacking In Lai Sun Development Company Limited's (HKG:488) P/S

Apr 02

Bullish: This Analyst Just Lifted Their Lai Sun Development Company Limited (HKG:488) Outlook For This Year

Mar 28

Is Lai Sun Development (HKG:488) A Risky Investment?

Mar 30

How Should Investors Feel About Lai Sun Development's (HKG:488) CEO Remuneration?

Feb 22

What Type Of Returns Would Lai Sun Development's(HKG:488) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

Jan 27

What Kind Of Shareholders Hold The Majority In Lai Sun Development Company Limited's (HKG:488) Shares?

Jan 06

Is Lai Sun Development (HKG:488) Weighed On By Its Debt Load?

Dec 16

Cheuk Yi Yu Just Bought A Sprinkling of Shares In Lai Sun Development Company Limited (HKG:488)

Nov 25

Does Lai Sun Development's (HKG:488) CEO Salary Compare Well With Industry Peers?

Nov 20

CEO Compensation Analysis

How has Julius Lau's remuneration changed compared to Lai Sun Development's earnings?
Date	Total Compensation	Salary	Company Earnings
Jan 31 2024	n/a	n/a	-HK$3b
Oct 31 2023	n/a	n/a	-HK$3b
Jul 31 2023	HK$5m	HK$5m	-HK$3b
Apr 30 2023	n/a	n/a	-HK$3b
Jan 31 2023	n/a	n/a	-HK$3b
Oct 31 2022	n/a	n/a	-HK$2b
Jul 31 2022	HK$5m	HK$5m	-HK$2b
Apr 30 2022	n/a	n/a	-HK$2b
Jan 31 2022	n/a	n/a	-HK$1b
Oct 31 2021	n/a	n/a	-HK$2b
Jul 31 2021	HK$5m	HK$5m	-HK$2b
Apr 30 2021	n/a	n/a	-HK$3b
Jan 31 2021	n/a	n/a	-HK$3b
Oct 31 2020	n/a	n/a	-HK$3b
Jul 31 2020	HK$5m	HK$5m	-HK$3b
Apr 30 2020	n/a	n/a	-HK$2b
Jan 31 2020	n/a	n/a	-HK$1b
Oct 31 2019	n/a	n/a	HK$2b
Jul 31 2019	HK$5m	HK$5m	HK$5b
Apr 30 2019	n/a	n/a	HK$7b
Jan 31 2019	n/a	n/a	HK$8b
Oct 31 2018	n/a	n/a	HK$6b
Jul 31 2018	HK$5m	HK$5m	HK$4b
Apr 30 2018	n/a	n/a	HK$3b
Jan 31 2018	n/a	n/a	HK$2b
Oct 31 2017	n/a	n/a	HK$2b
Jul 31 2017	HK$5m	HK$5m	HK$2b

Compensation vs Market: Julius's total compensation ($USD608.11K) is above average for companies of similar size in the Hong Kong market ($USD233.89K).

Compensation vs Earnings: Julius's compensation has been consistent with company performance over the past year.

CEO

Julius Lau (67 yo)

18.5yrs

Tenure

HK$4,756,000

Compensation

Mr. Shu Yan Lau, also known as Julius, serves as Independent and Non Executive Director of Lien Hoe Corporation Berhad since February 27, 2023. He joined Lai Sun Development in July 1991. He has been the C...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Kin Ngok Lam	Executive Chairman of the Board	46.9yrs	HK$28.85m	0.067% HK$ 556.3k
Shu Yan Lau	CEO & Executive Director	18.5yrs	HK$4.76m	0.041% HK$ 337.9k
Hau Yin Lam	Executive Director	no data	HK$3.41m	no data
Tze Yan Lee	Executive Director	2.3yrs	HK$6.66m	no data
Sum Cheung	Group CFO & Executive Director	less than a year	HK$620.00k	no data
Kwanyee Tam	SVP Group Corporate & Investor Relations	no data	no data	no data
Kwok Wor Chow	Company Secretary	11.2yrs	no data	no data

6.8yrs

Average Tenure

59yo

Average Age

Experienced Management: 488's management team is seasoned and experienced (6.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Kin Ngok Lam	Executive Chairman of the Board	46.9yrs	HK$28.85m	0.067% HK$ 556.3k
Shu Yan Lau	CEO & Executive Director	32.8yrs	HK$4.76m	0.041% HK$ 337.9k
Hau Yin Lam	Executive Director	11.5yrs	HK$3.41m	no data
Tze Yan Lee	Executive Director	2.3yrs	HK$6.66m	no data
Sum Cheung	Group CFO & Executive Director	less than a year	HK$620.00k	no data
Bing Kwan Lam	Independent Non-Executive Director	21.8yrs	HK$700.00k	no data
Shu Yin Leung	Independent Non-Executive Director	19.7yrs	HK$350.00k	no data
Po Chu U	Non-Executive Director	30.4yrs	HK$4.58m	0.0042% HK$ 34.5k
Shu Kwan Ip	Independent Non-Executive Director	14.4yrs	HK$350.00k	no data
Hon Man Luk	Independent Non-Executive Director	less than a year	no data	no data

17.0yrs

Average Tenure

66.5yo

Average Age

Experienced Board: 488's board of directors are seasoned and experienced ( 17 years average tenure).

Lai Sun Development Management

Management criteria checks 3/4

Key information

Recent management updates

Lai Sun Development Company Limited Announces Executive Changes, Effective 1 May 2024

Lai Fung Holdings Limited, Lai Sun Development Company Limited, Lai Sun Garment (International) Limited Announces Resignation of Chew Fook Aun as Non-Executive Director Effect from 1 October 2023

Lai Sun Development Company Limited Announces Executive Changes, Effective 1 August 2023

Insider recently bought HK$1.2m worth of stock

Less than half of directors are independent

Lai Sun Development Company Limited, Annual General Meeting, Dec 16, 2022

Recent updates

Lai Sun Development Company Limited Announces Executive Changes, Effective 1 May 2024

New minor risk - Market cap size

Some Confidence Is Lacking In Lai Sun Development Company Limited's (HKG:488) P/S

First half 2024 earnings released: HK$1.28 loss per share (vs HK$1.40 loss in 1H 2023)

New minor risk - Share price stability

Lai Sun Development Company Limited to Report First Half, 2024 Results on Mar 31, 2024

Full year 2023 earnings released: HK$2.45 loss per share (vs HK$2.13 loss in FY 2022)

Lai Sun Development Company Limited Provides Earnings Guidance for the Year Ended 31 July 2023

Lai Sun Development Company Limited Provides Earnings Guidance for the for the Year Ended 31 July 2023

Lai Sun Development Company Limited to Report Fiscal Year 2023 Results on Oct 20, 2023

Lai Fung Holdings Limited, Lai Sun Development Company Limited, Lai Sun Garment (International) Limited Announces Resignation of Chew Fook Aun as Non-Executive Director Effect from 1 October 2023

Lai Sun Development Company Limited Announces Executive Changes, Effective 1 August 2023

New major risk - Revenue and earnings growth

Bullish: This Analyst Just Lifted Their Lai Sun Development Company Limited (HKG:488) Outlook For This Year

Insider recently bought HK$1.2m worth of stock

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Less than half of directors are independent

Price target decreased to HK$4.55

Full year 2022 earnings released: HK$2.13 loss per share (vs HK$3.03 loss in FY 2021)

Lai Sun Development Company Limited, Annual General Meeting, Dec 16, 2022

Lai Sun Development Company Limited to Report Fiscal Year 2022 Results on Oct 21, 2022

Insider recently bought HK$3.6m worth of stock

Lai Sun Development Company Limited Announces Executive Changes

Lai Sun Development Company Limited Announces Resignation of Leung Wang Ching, Clarence as an Independent Non-Executive Director of the Company, Member of the Audit Committee and the Nomination Committee of the Company with Effect on 25 July 2022

Insider recently bought HK$3.7m worth of stock

First half 2022 earnings released: HK$0.55 loss per share (vs HK$2.01 loss in 1H 2021)

Less than half of directors are independent

First half 2022 earnings released: HK$0.55 loss per share (vs HK$2.01 loss in 1H 2021)

Consensus forecasts updated

Lai Sun Development Company Limited and Lai Fung Holdings Limited Announces Resignation of Tham Seng Yum, Ronald as Executive Director, Effective 26 April 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Price target decreased to HK$5.24

Full year 2021 earnings released: HK$3.03 loss per share (vs HK$4.83 loss in FY 2020)

Insider recently bought HK$340k worth of stock

Insider recently bought HK$12m worth of stock

Insider recently bought HK$38m worth of stock

Insider recently bought HK$6.8m worth of stock

Insider recently bought HK$48m worth of stock

First half 2021 earnings released: HK$2.01 loss per share (vs HK$1.83 loss in 1H 2020)

Consensus forecasts updated

Is Lai Sun Development (HKG:488) A Risky Investment?

First half 2021 earnings released: HK$2.01 loss per share (vs HK$1.83 loss in 1H 2020)

Lai Sun Development Company Limited to Report Q2, 2021 Results on Mar 26, 2021

How Should Investors Feel About Lai Sun Development's (HKG:488) CEO Remuneration?

New 90-day high: HK$7.05

What Type Of Returns Would Lai Sun Development's(HKG:488) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

What Kind Of Shareholders Hold The Majority In Lai Sun Development Company Limited's (HKG:488) Shares?

Is Lai Sun Development (HKG:488) Weighed On By Its Debt Load?

Cheuk Yi Yu Just Bought A Sprinkling of Shares In Lai Sun Development Company Limited (HKG:488)

Insider recently bought HK$2.4m worth of stock

Does Lai Sun Development's (HKG:488) CEO Salary Compare Well With Industry Peers?

Full year 2020 earnings released: HK$4.83 loss per share

Revenue beats expectations

New 90-day low: HK$6.52

Full year earnings released - HK$4.82 loss per share

Annual earnings released: Revenue beats expectations

Lai Sun Development Company Limited to Report Fiscal Year 2020 Results on Oct 23, 2020

New 90-day low: HK$6.88

Price target lowered to HK$10.70

New 90-day low: HK$7.52

New 90-day low - HK$7.99

Lai Sun Development Company Limited (SEHK:488) completed the acquisition of 54.56% stake in Lai Fung Holdings Limited (SEHK:1125) for HKD 1.6 billion.

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age