Henderson Land Development Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Martin Lee

Chief executive officer

HK$23.2m

Total compensation

CEO salary percentage	68.0%
CEO tenure	6.6yrs
CEO ownership	n/a
Management average tenure	7.3yrs
Board average tenure	29.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Martin Lee's remuneration changed compared to Henderson Land Development's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	HK$6b
Mar 31 2024	n/a	n/a	HK$8b
Dec 31 2023	HK$23m	HK$16m	HK$9b
Sep 30 2023	n/a	n/a	HK$10b
Jun 30 2023	n/a	n/a	HK$10b
Mar 31 2023	n/a	n/a	HK$10b
Dec 31 2022	HK$23m	HK$16m	HK$9b
Sep 30 2022	n/a	n/a	HK$10b
Jun 30 2022	n/a	n/a	HK$11b
Mar 31 2022	n/a	n/a	HK$12b
Dec 31 2021	HK$23m	HK$16m	HK$13b
Sep 30 2021	n/a	n/a	HK$14b
Jun 30 2021	n/a	n/a	HK$14b
Mar 31 2021	n/a	n/a	HK$12b
Dec 31 2020	HK$23m	HK$16m	HK$10b
Sep 30 2020	n/a	n/a	HK$11b
Jun 30 2020	n/a	n/a	HK$12b
Mar 31 2020	n/a	n/a	HK$15b
Dec 31 2019	HK$22m	HK$15m	HK$17b
Sep 30 2019	n/a	n/a	HK$20b
Jun 30 2019	n/a	n/a	HK$24b
Mar 31 2019	n/a	n/a	HK$27b
Dec 31 2018	HK$18m	HK$14m	HK$31b
Sep 30 2018	n/a	n/a	HK$32b
Jun 30 2018	n/a	n/a	HK$33b
Mar 31 2018	n/a	n/a	HK$32b
Dec 31 2017	HK$17m	HK$13m	HK$31b

Compensation vs Market: Martin's total compensation ($USD2.98M) is above average for companies of similar size in the Hong Kong market ($USD881.47K).

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

CEO

Martin Lee (52 yo)

6.6yrs

Tenure

HK$23,192,000

Compensation

Dr. Ka-Shing Lee, also known as Martin, GBS, JP, DSSc (Hon), has been a Joint Chairman of The Hong Kong and China Gas Company Limited since May 28, 2019. He has been Chairman and Managing Director of Hende...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Ka-Shing Lee	Chairman	6.6yrs	HK$23.19m	no data
Ka-Kit Lee	Chairman	39.3yrs	HK$23.19m	no data
Ko Yin Lam	Executive Director of Human Resources Department	39.9yrs	HK$32.28m	no data
Shau-Kee Lee	Founder & Executive Director	48.8yrs	HK$21.17m	0.38% HK$ 429.4m
Hau Chung Fung	CFO & Executive Director	7.9yrs	HK$15.97m	no data
Ping Ho Kwok	Executive Director of Finance Department & Executive Director	no data	HK$7.34m	no data
Kwok Lam Suen	Executive Director of Property Management Department & Executive Director	no data	HK$16.12m	no data
Ying Chee Yip	Executive Director of Group Business Development Department	no data	HK$24.89m	no data
Ho Ming Wong	Executive Director of Property Development Department & Executive Director	no data	HK$26.99m	no data
Woon King Fung Lee	Chief Treasurer & Executive Director	no data	HK$11.20m	0.051% HK$ 58.0m
Wing Kee Wong	General Manager of Accounts Department	17.5yrs	no data	no data
Mei Po Leung	General Manager of Corporate Communications Department	1.9yrs	no data	no data

7.3yrs

Average Tenure

71yo

Average Age

Experienced Management: 12's management team is seasoned and experienced (7.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Ka-Shing Lee	Chairman	31yrs	HK$23.19m	no data
Ka-Kit Lee	Chairman	39.3yrs	HK$23.19m	no data
Ko Yin Lam	Executive Director of Human Resources Department	39.9yrs	HK$32.28m	no data
Shau-Kee Lee	Founder & Executive Director	48.8yrs	HK$21.17m	0.38% HK$ 429.4m
Hau Chung Fung	CFO & Executive Director	4.5yrs	HK$15.97m	no data
Ping Ho Kwok	Executive Director of Finance Department & Executive Director	31.9yrs	HK$7.34m	no data
Kwok Lam Suen	Executive Director of Property Management Department & Executive Director	22.9yrs	HK$16.12m	no data
Ying Chee Yip	Executive Director of Group Business Development Department	27.9yrs	HK$24.89m	no data
Ho Ming Wong	Executive Director of Property Development Department & Executive Director	14.3yrs	HK$26.99m	no data
Woon King Fung Lee	Chief Treasurer & Executive Director	48.9yrs	HK$11.20m	0.051% HK$ 58.0m
Che-Keung Kwong	Independent Non-Executive Director	20.9yrs	HK$1.05m	no data
King Cheong Wu	Independent Non-Executive Director	19.9yrs	HK$1.30m	no data

29.5yrs

Average Tenure

72.5yo

Average Age

Experienced Board: 12's board of directors are seasoned and experienced ( 29.5 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/20 13:43
End of Day Share Price	2024/12/20 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Henderson Land Development Company Limited is covered by 38 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Andrew Lawrence	Barclays
Kwok Yi Louie	Barclays
C Wong	BNP Paribas Securities (Asia)

Henderson Land Development Management

Management criteria checks 3/4

Key information

Recent management updates

Henderson Land Development Company Limited, Annual General Meeting, Jun 03, 2024

Recent updates

Now 29% overvalued after recent price rise

Now 20% overvalued after recent price rise

First half dividend of HK$0.50 announced

First half 2024 earnings released: EPS: HK$0.66 (vs HK$1.23 in 1H 2023)

Henderson Land Development Company Limited Announces an Interim Dividend for the Six Months Ended 30 June 2024, Payable on 17 September 2024

Henderson Land Development Company Limited to Report First Half, 2024 Results on Aug 21, 2024

Now 24% overvalued

Upcoming dividend of HK$1.30 per share

New major risk - Financial position

Henderson Land Development Company Limited, Annual General Meeting, Jun 03, 2024

Full year 2023 earnings released: EPS: HK$1.91 (vs HK$1.91 in FY 2022)

Final dividend of HK$1.30 announced

Full year 2023 earnings released: EPS: HK$1.91 (vs HK$1.91 in FY 2022)

Henderson Land Development Company Limited Proposes Final Dividend for the Year Ended 31 December 2023, Payable on 21 June 2024

Henderson Land Development Company Limited to Report Fiscal Year 2023 Results on Mar 21, 2024

Upcoming dividend of HK$0.50 per share at 8.5% yield

Henderson Land Development Company Limited Announces Interim Dividend for the Six Months Ended 30 June 2023, Payable on 19 September 2023

First half 2023 earnings released: EPS: HK$1.23 (vs HK$0.99 in 1H 2022)

Henderson Land Development Company Limited to Report First Half, 2023 Results on Aug 22, 2023

Henderson Land Development Company Limited Approves Final Dividend

Upcoming dividend of HK$1.30 per share at 7.2% yield

Full year 2022 earnings released: EPS: HK$1.91 (vs HK$2.73 in FY 2021)

Upcoming dividend of HK$0.50 per share

Henderson Land Development Company Limited Announces Interim Dividend for the Six Months Ended 30 June 2022, Payment Date Is 20 September 2022

First half 2022 earnings released: EPS: HK$0.99 (vs HK$1.35 in 1H 2021)

Henderson Land Development Company Limited to Report First Half, 2022 Results on Aug 23, 2022

Henderson Land Development Company Limited Approves Final Dividend

Upcoming dividend of HK$1.30 per share

Full year 2021 earnings released: EPS: HK$2.73 (vs HK$2.11 in FY 2020)

Henderson Land Development Company Limited Recommends Final Dividend for the Year Ended 31 December 2021, Payable on 21 June 2022

Upcoming dividend of HK$0.50 per share

First half 2021 earnings released: EPS HK$1.35 (vs HK$0.58 in 1H 2020)

Henderson Land Development Company Limited Approves to Declare Final Dividend for the Year Ended 31 December 2020

Upcoming dividend of HK$1.30 per share

Full year 2020 earnings released: EPS HK$2.11 (vs HK$3.51 in FY 2019)

Full year 2020 earnings released

Henderson Land Development Company Limited to Report Fiscal Year 2020 Results on Mar 23, 2021

New 90-day high: HK$32.85

New 90-day high: HK$32.65

New 90-day low: HK$27.80

New 90-day low: HK$28.25

First half earnings released

First half earnings released

Henderson Land Development Company Limited to Report First Half, 2020 Results on Aug 20, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources