China Information Technology Development Management
Management criteria checks 3/4
China Information Technology Development's CEO is Daniel Wong, appointed in Nov 2019, has a tenure of 5.08 years. total yearly compensation is HK$1.18M, comprised of 71% salary and 29% bonuses, including company stock and options. directly owns 0.89% of the company’s shares, worth HK$2.28M. The average tenure of the management team and the board of directors is 2.8 years and 1.2 years respectively.
Key information
Daniel Wong
Chief executive officer
HK$1.2m
Total compensation
| CEO salary percentage | 71.0% |
| CEO tenure | 5.1yrs |
| CEO ownership | 0.9% |
| Management average tenure | 2.8yrs |
| Board average tenure | 1.2yrs |
Recent management updates
Recent updates
Is China Information Technology Development (HKG:8178) Using Too Much Debt?
Nov 25
Would China Information Technology Development (HKG:8178) Be Better Off With Less Debt?
Apr 16Would China Information Technology Development (HKG:8178) Be Better Off With Less Debt?
Dec 18Is China Information Technology Development (HKG:8178) A Risky Investment?
Aug 14Is China Information Technology Development (HKG:8178) A Risky Investment?
Mar 31Is China Information Technology Development (HKG:8178) Weighed On By Its Debt Load?
Sep 08Is China Information Technology Development (HKG:8178) Using Debt In A Risky Way?
Apr 05Does China Information Technology Development (HKG:8178) Have A Healthy Balance Sheet?
Dec 22
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -HK$25m |
| Mar 31 2024 | n/a | n/a | -HK$22m |
| Dec 31 2023 | HK$1m | HK$840k | -HK$21m |
| Sep 30 2023 | n/a | n/a | -HK$72m |
| Jun 30 2023 | n/a | n/a | -HK$65m |
| Mar 31 2023 | n/a | n/a | -HK$81m |
| Dec 31 2022 | HK$1m | HK$840k | -HK$83m |
| Sep 30 2022 | n/a | n/a | -HK$91m |
| Jun 30 2022 | n/a | n/a | -HK$103m |
| Mar 31 2022 | n/a | n/a | -HK$90m |
| Dec 31 2021 | HK$1m | HK$840k | -HK$90m |
| Sep 30 2021 | n/a | n/a | -HK$20m |
| Jun 30 2021 | n/a | n/a | -HK$4m |
| Mar 31 2021 | n/a | n/a | -HK$5m |
| Dec 31 2020 | HK$1m | HK$840k | -HK$10m |
| Sep 30 2020 | n/a | n/a | -HK$32m |
| Jun 30 2020 | n/a | n/a | -HK$43m |
| Mar 31 2020 | n/a | n/a | -HK$94m |
| Dec 31 2019 | HK$1m | HK$840k | -HK$81m |
| Sep 30 2019 | n/a | n/a | -HK$113m |
| Jun 30 2019 | n/a | n/a | -HK$118m |
| Mar 31 2019 | n/a | n/a | -HK$70m |
| Dec 31 2018 | HK$978k | HK$840k | -HK$75m |
Compensation vs Market: Daniel's total compensation ($USD152.42K) is below average for companies of similar size in the Hong Kong market ($USD231.54K).
Compensation vs Earnings: Daniel's compensation has been consistent with company performance over the past year.
CEO
Daniel Wong (64 yo)
5.1yrs
Tenure
HK$1,183,000
Compensation
Mr. King Shiu Wong, also known as Daniel, serves as Chairman and Chief Executive Officer at China Information Technology Development Limited since November 25, 2019. He is also the authorized representativ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 5.1yrs | HK$1.18m | 0.89% HK$ 2.3m | |
| Executive Director | less than a year | no data | no data | |
| Executive Director | less than a year | no data | no data | |
| VP of Business Development Department | 6.8yrs | no data | no data |
2.8yrs
Average Tenure
53.5yo
Average Age
Experienced Management: 8178's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 7.3yrs | HK$1.18m | 0.89% HK$ 2.3m | |
| Executive Director | less than a year | no data | no data | |
| Executive Director | less than a year | no data | no data | |
| Independent Non-Executive Director | 7.3yrs | HK$160.00k | no data | |
| Independent Non-Executive Director | 9.9yrs | HK$160.00k | no data | |
| Non-Executive Director | 2.2yrs | HK$362.00k | no data | |
| Head of the Board of Advisers | 1.2yrs | no data | no data | |
| Non-Executive Director | less than a year | no data | no data | |
| Independent Non-Executive Director | less than a year | no data | no data |
1.2yrs
Average Tenure
43yo
Average Age
Experienced Board: 8178's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 09:12 |
| End of Day Share Price | 2024/12/31 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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
China Information Technology Development Limited is covered by 0 analysts. 0 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 |
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