Sunac China Holdings Management

Management criteria checks 4/4

Sunac China Holdings' CEO is Mengde Wang, appointed in Sep 2015, has a tenure of 9.17 years. total yearly compensation is CN¥1.60M, comprised of 27.7% salary and 72.3% bonuses, including company stock and options. directly owns 0.19% of the company’s shares, worth HK$40.02M. The average tenure of the management team and the board of directors is 6.2 years and 8 years respectively.

Key information

Mengde Wang

Chief executive officer

CN¥1.6m

Total compensation

CEO salary percentage	27.7%
CEO tenure	9.2yrs
CEO ownership	0.2%
Management average tenure	6.2yrs
Board average tenure	8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mengde Wang's remuneration changed compared to Sunac China Holdings's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	-CN¥8b
Mar 31 2024	n/a	n/a	-CN¥8b
Dec 31 2023	CN¥2m	CN¥443k	-CN¥8b
Sep 30 2023	n/a	n/a	-CN¥16b
Jun 30 2023	n/a	n/a	-CN¥24b
Mar 31 2023	n/a	n/a	-CN¥26b
Dec 31 2022	CN¥8m	CN¥498k	-CN¥28b
Sep 30 2022	n/a	n/a	-CN¥48b
Jun 30 2022	n/a	n/a	-CN¥69b
Mar 31 2022	n/a	n/a	-CN¥54b
Dec 31 2021	CN¥29m	CN¥5m	-CN¥38b
Sep 30 2021	n/a	n/a	-CN¥795m
Jun 30 2021	n/a	n/a	CN¥37b
Mar 31 2021	n/a	n/a	CN¥36b
Dec 31 2020	CN¥40m	CN¥6m	CN¥36b
Sep 30 2020	n/a	n/a	CN¥31b
Jun 30 2020	n/a	n/a	CN¥27b
Mar 31 2020	n/a	n/a	CN¥26b
Dec 31 2019	CN¥43m	CN¥7m	CN¥26b
Sep 30 2019	n/a	n/a	CN¥23b
Jun 30 2019	n/a	n/a	CN¥20b
Mar 31 2019	n/a	n/a	CN¥19b
Dec 31 2018	CN¥30m	CN¥7m	CN¥17b
Sep 30 2018	n/a	n/a	CN¥16b
Jun 30 2018	n/a	n/a	CN¥16b
Mar 31 2018	n/a	n/a	CN¥13b
Dec 31 2017	CN¥13m	CN¥6m	CN¥11b

Compensation vs Market: Mengde's total compensation ($USD220.41K) is below average for companies of similar size in the Hong Kong market ($USD515.49K).

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

CEO

Mengde Wang (52 yo)

9.2yrs

Tenure

CN¥1,597,000

Compensation

Mr. Mengde Wang has been the Chief Executive Officer of Sunac China Holdings Limited since September 07, 2015. Mr. Wang serves as Chairman and General Manager of Sunac Real Estate Group Co.,Ltd. Mr. Wang s...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Hongbin Sun	Founder & Executive Chairman	17.6yrs	CN¥340.00k	27.03% HK$ 5.8b
Mengde Wang	CEO & Executive Director	9.2yrs	CN¥1.60m	0.19% HK$ 40.0m
Shuping Huang	Executive President	no data	CN¥1.28m	0.059% HK$ 12.6m
Hong Jing	Executive President & Chairman of the Beijing Region	less than a year	CN¥1.59m	0.14% HK$ 30.6m
Qiang Tian	Executive President	no data	CN¥1.98m	0.076% HK$ 16.3m
Zheyi Sun	VP, President of Sunac Culture Group	7.5yrs	CN¥2.08m	0.0028% HK$ 608.7k
Xi Gao	CFO, VP	6.2yrs	no data	no data
Zhixia Ma	Executive President	9.8yrs	CN¥614.00k	0.053% HK$ 11.4m
Liu Wensheng	Investor Relations Director	no data	no data	no data
Wen Xue	General Counsel	1.6yrs	no data	no data
Peng Lu	Executive President & General Manager of Rexue Miracle Company	no data	no data	no data
Qiang Zhang	VP & President of Cheng Yu Regional Branch	1.8yrs	no data	no data

6.2yrs

Average Tenure

49yo

Average Age

Experienced Management: 1918's management team is seasoned and experienced (6.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Hongbin Sun	Founder & Executive Chairman	17.6yrs	CN¥340.00k	27.03% HK$ 5.8b
Mengde Wang	CEO & Executive Director	17yrs	CN¥1.60m	0.19% HK$ 40.0m
Shuping Huang	Executive President	8yrs	CN¥1.28m	0.059% HK$ 12.6m
Qiang Tian	Executive President	8yrs	CN¥1.98m	0.076% HK$ 16.3m
Zheyi Sun	VP, President of Sunac Culture Group	7.5yrs	CN¥2.08m	0.0028% HK$ 608.7k
Zhixia Ma	Executive President	less than a year	CN¥614.00k	0.053% HK$ 11.4m
Lishan Ma	Independent Non-Executive Director	15.3yrs	CN¥360.00k	no data
Chiu Kwok Poon	Independent Non-Executive Director	13.4yrs	CN¥405.00k	no data
Jonathan Jia Zhu	Independent Non-Executive Director	15.2yrs	CN¥405.00k	no data
Wai Hon Lam	Non-Executive Director	less than a year	CN¥41.00k	no data
Zhigang Yuan	Independent Non-Executive Director	4.1yrs	CN¥360.00k	no data

8.0yrs

Average Tenure

61yo

Average Age

Experienced Board: 1918's board of directors are considered experienced (8 years average tenure).

Sunac China Holdings Management

Management criteria checks 4/4

Key information

Recent management updates

Sunac China Holdings Limited, Annual General Meeting, May 20, 2024

Sunac China Holdings Limited Appoints Lam Wai Hon as Non-Executive Director, Effective November 20, 2023

Less than half of directors are independent

Less than half of directors are independent

Founder & Executive Chairman recently bought HK$79m worth of stock

Sunac China Holdings Limited, Annual General Meeting, May 27, 2021

Recent updates

New minor risk - Share price stability

First half 2024 earnings released: CN¥1.79 loss per share (vs CN¥2.86 loss in 1H 2023)

Sunac China Holdings Limited Provides Earnings Guidance for the Six Months Period Ended 30 June 2024

Sunac China Holdings Limited to Report First Half, 2024 Results on Aug 29, 2024

New major risk - Share price stability

New minor risk - Share price stability

Full year 2023 earnings released: CN¥1.43 loss per share (vs CN¥5.16 loss in FY 2022)

Sunac China Holdings Limited, Annual General Meeting, May 20, 2024

New major risk - Financial position

Full year 2023 earnings released: CN¥1.43 loss per share (vs CN¥5.16 loss in FY 2022)

New major risk - Revenue and earnings growth

Sunac China Holdings Limited to Report Fiscal Year 2023 Results on Mar 27, 2024

New major risk - Shareholder dilution

Sunac China Holdings Limited Appoints Lam Wai Hon as Non-Executive Director, Effective November 20, 2023

First half 2023 earnings released: CN¥2.86 loss per share (vs CN¥3.51 loss in 1H 2022)

Less than half of directors are independent

Sunac China Holdings Limited(SEHK:1918) dropped from FTSE All-World Index (USD)

Sunac China Holdings Limited to Report Fiscal Year 2021 Results on Mar 31, 2022

Less than half of directors are independent

Investor sentiment improved over the past week

First half 2021 earnings released: EPS CN¥2.62 (vs CN¥2.41 in 1H 2020)

Upcoming dividend of HK$2.00 per share

Founder & Executive Chairman recently bought HK$79m worth of stock

Full year 2020 earnings released: EPS CN¥7.82 (vs CN¥5.99 in FY 2019)

Sunac China Holdings Limited Proposes to Declare a Final Dividend for the Year Ended 31 December 2020, Payable on or Around 27 August 2021

Sunac China Holdings Limited, Annual General Meeting, May 27, 2021

Full year 2020 earnings released: EPS CN¥7.82 (vs CN¥5.99 in FY 2019)

Revenue beats expectations

Sunac China Holdings Limited to Report Fiscal Year 2020 Results on Mar 11, 2021

New 90-day high: HK$34.75

Founder & Executive Chairman recently bought HK$78m worth of stock

Sunac China Holdings Limited Announces Members of ESG Committee

New 90-day low: HK$27.85

Sunac China Holdings Limited (SEHK:1918) completed the spin-off an unknown minority stake in Sunac Services Holdings Limited.

New 90-day low: HK$28.50

New 90-day low: HK$31.40

First half earnings released

New 90-day low - HK$32.40

Sunac China Holdings Limited to Report First Half, 2020 Results on Aug 25, 2020

First half earnings released

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age