Wharf (Holdings) Management

Management criteria checks 2/4

Wharf (Holdings)'s CEO is Stephen Tin, appointed in May 1989, has a tenure of 35.5 years. total yearly compensation is HK$14.97M, comprised of 37.5% salary and 62.5% bonuses, including company stock and options. directly owns 0.14% of the company’s shares, worth HK$92.08M. The average tenure of the management team and the board of directors is 13.9 years and 10.3 years respectively.

Key information

Stephen Tin

Chief executive officer

HK$15.0m

Total compensation

CEO salary percentage	37.5%
CEO tenure	35.5yrs
CEO ownership	0.1%
Management average tenure	13.9yrs
Board average tenure	10.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Stephen Tin's remuneration changed compared to Wharf (Holdings)'s earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	-HK$2b
Mar 31 2024	n/a	n/a	-HK$721m
Dec 31 2023	HK$15m	HK$6m	HK$945m
Sep 30 2023	n/a	n/a	-HK$60m
Jun 30 2023	n/a	n/a	-HK$1b
Mar 31 2023	n/a	n/a	-HK$1b
Dec 31 2022	HK$15m	HK$5m	-HK$2b
Sep 30 2022	n/a	n/a	HK$2b
Jun 30 2022	n/a	n/a	HK$5b
Mar 31 2022	n/a	n/a	HK$6b
Dec 31 2021	HK$32m	HK$5m	HK$6b
Sep 30 2021	n/a	n/a	HK$6b
Jun 30 2021	n/a	n/a	HK$7b
Mar 31 2021	n/a	n/a	HK$5b
Dec 31 2020	HK$18m	HK$5m	HK$4b
Sep 30 2020	n/a	n/a	HK$2b
Jun 30 2020	n/a	n/a	-HK$805m
Mar 31 2020	n/a	n/a	HK$1b
Dec 31 2019	HK$20m	HK$5m	HK$3b
Sep 30 2019	n/a	n/a	HK$5b
Jun 30 2019	n/a	n/a	HK$6b
Mar 31 2019	n/a	n/a	HK$6b
Dec 31 2018	HK$29m	HK$5m	HK$7b
Sep 30 2018	n/a	n/a	HK$11b
Jun 30 2018	n/a	n/a	HK$16b
Mar 31 2018	n/a	n/a	HK$19b
Dec 31 2017	HK$92m	HK$8m	HK$22b

Compensation vs Market: Stephen's total compensation ($USD1.92M) is above average for companies of similar size in the Hong Kong market ($USD887.73K).

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

CEO

Stephen Tin (72 yo)

35.5yrs

Tenure

HK$14,970,000

Compensation

Mr. Hoi Ng Tin, also known as Stephen, has been a Non-Executive Director of Greentown China Holdings Limited since June 15, 2012. Mr. Tin serves as the Chief Executive Officer of Harbour Centre Development...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Hoi Ng Tin	Chairman & MD	35.5yrs	HK$14.97m	0.14% HK$ 92.1m
Yiu Cheung Tsui	Executive Vice Chairman & Group CFO	16.4yrs	HK$8.30m	0.0098% HK$ 6.6m
Yen Thean Leng	Executive Director	3.3yrs	HK$5.86m	0.034% HK$ 23.1m
Chung Ying Hui	Company Secretary & Director	11.3yrs	HK$3.91m	no data
Kwong Ching Woo	Senior Counsel	no data	no data	no data
Angela Ng	Investor Relations Manager	no data	no data	no data

13.9yrs

Average Tenure

72yo

Average Age

Experienced Management: 4's management team is seasoned and experienced (13.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Hoi Ng Tin	Chairman & MD	35.5yrs	HK$14.97m	0.14% HK$ 92.1m
Yiu Cheung Tsui	Executive Vice Chairman & Group CFO	16.4yrs	HK$8.30m	0.0098% HK$ 6.6m
Yen Thean Leng	Executive Director	4.1yrs	HK$5.86m	0.034% HK$ 23.1m
Chung Ying Hui	Company Secretary & Director	3.3yrs	HK$3.91m	no data
Hans Michael Jebsen	Independent Non-Executive Director	23.8yrs	HK$450.00k	no data
Kwan Yiu Chen	Independent Non-Executive Director	22.8yrs	HK$250.00k	no data
Yat Sun Tang	Independent Non-Executive Director	3.8yrs	HK$250.00k	no data
David Turnbull	Independent Non-Executive Director	11yrs	HK$450.00k	0.0031% HK$ 2.1m
Kang Fang	Independent Non-Executive Director	31.3yrs	HK$400.00k	0.021% HK$ 13.8m
Elizabeth Law	Independent Non-Executive Director	7.3yrs	HK$400.00k	no data
Kwok Pong Chan	Director	9.5yrs	HK$9.41m	0.011% HK$ 7.7m
Sau Ling Tse	Independent Non-Executive Director	3.8yrs	HK$250.00k	no data

10.3yrs

Average Tenure

70.5yo

Average Age

Experienced Board: 4's board of directors are seasoned and experienced ( 10.3 years average tenure).

Wharf (Holdings) Management

Management criteria checks 2/4

Key information

Recent management updates

The Wharf (Holdings) Limited, Annual General Meeting, May 08, 2024

Insufficient new directors

Independent Non-Executive Director recently bought HK$912k worth of stock

Independent Non-Executive Director recently bought HK$446k worth of stock

Independent Non-Executive Director recently bought HK$1.7m worth of stock

Wharf (Holdings) Limited Announces Retirement of Andrew on Kiu Chow as Director

Recent updates

Upcoming dividend of HK$0.20 per share

First half dividend of HK$0.20 announced

The Wharf (Holdings) Limited Announces Interim Dividend for the Half-Year Period Ended 30 June 2024, Payable on 12 September 2024

The Wharf (Holdings) Limited to Report Q2, 2024 Results on Aug 08, 2024

Upcoming dividend of HK$0.20 per share

The Wharf (Holdings) Limited, Annual General Meeting, May 08, 2024

Final dividend of HK$0.20 announced

The Wharf (Holdings) Limited Announces Second Interim Ordinary Cash Dividend for the Year Ended 31 December 2023, Payable on 25 April 2024

The Wharf (Holdings) Limited to Report Fiscal Year 2023 Final Results on Mar 12, 2024

Insufficient new directors

Independent Non-Executive Director recently bought HK$912k worth of stock

Upcoming dividend of HK$0.20 per share at 2.5% yield

Wharf (Holdings) Limited Announces Interim Dividend for the Half-Year Period Ended 30 June 2023, Payable on 14 September 2023

Wharf (Holdings) Limited to Report First Half, 2023 Results on Aug 09, 2023

Upcoming dividend of HK$0.20 per share at 2.2% yield

Independent Non-Executive Director recently bought HK$446k worth of stock

Wharf (Holdings) Limited Provides Earnings Guidance for the Year Ended 31 December 2022

Independent Non-Executive Director recently bought HK$1.7m worth of stock

Upcoming dividend of HK$0.20 per share

Wharf (Holdings) Limited Announces Interim Dividend for the Half-Year Period Ended 30 June 2022, Payable on 15 September 2022

Wharf (Holdings) Limited to Report First Half, 2022 Results on Aug 10, 2022

Wharf (Holdings) Limited Provides Group Earnings Guidance for the Six Months Ended June 30, 2022

Investor sentiment improved over the past week

Wharf (Holdings) Limited Announces Retirement of Andrew on Kiu Chow as Director

Upcoming dividend of HK$0.20 per share

Deputy Chairman recently sold HK$1.3m worth of stock

Deputy Chairman recently sold HK$1.3m worth of stock

Investor sentiment deteriorated over the past week

Wharf (Holdings) Limited to Report Fiscal Year 2021 Results on Mar 09, 2022

Upcoming dividend of HK$0.20 per share

First half 2021 earnings released: EPS HK$0.34 (vs HK$0.57 loss in 1H 2020)

Executive Director recently sold HK$2.9m worth of stock

Executive Director recently sold HK$2.1m worth of stock

Deputy Chairman recently sold HK$4.1m worth of stock

Deputy Chairman recently sold HK$564k worth of stock

Executive Director recently sold HK$2.4m worth of stock

Vice Chairman Yuk Fong Lee has left the company

Non-Executive Director recently sold HK$2.4m worth of stock

Deputy Chairman recently sold HK$1.8m worth of stock

Deputy Chairman recently bought HK$1.0m worth of stock

Full year 2020 earnings released: EPS HK$1.27 (vs HK$1.11 in FY 2019)

Upcoming dividend of HK$0.20 per share

Deputy Chairman recently sold HK$994k worth of stock

Wharf (Holdings) Limited, Annual General Meeting, May 11, 2021

Full year 2020 earnings released: EPS HK$1.27 (vs HK$1.11 in FY 2019)

Revenue beats expectations

Wharf (Holdings) Limited to Report Fiscal Year 2020 Results on Mar 09, 2021

Deputy Chairman recently sold HK$1.2m worth of stock

Vice Chairman recently sold HK$6.1m worth of stock

Wharf (Holdings) Limited Announces Appointment of Mr. Richard Yat Sun Tang and Ms. Nancy Sau Ling Tse as Additional Independent Non-Executive Directors

New 90-day high: HK$20.45

New 90-day high: HK$19.50

Vice Chairman & Group CFO recently sold HK$5.4m worth of stock

Chairman & MD recently sold HK$8.8m worth of stock

New 90-day high: HK$16.54

New 90-day high: HK$15.90

Wharf (Holdings) Limited Appoints Yen Thean Leng as Non-Executive Director, Effective October 1, 2020

First half earnings released

Wharf (Holdings) Limited to Report First Half, 2020 Results on Aug 03, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age