How has Wing Yiu Chang's remuneration changed compared to Kingboard Holdings's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2025	n/a	n/a	HK$3b
Mar 31 2025	n/a	n/a	HK$2b
Dec 31 2024	HK$18m	HK$3m	HK$2b
Sep 30 2024	n/a	n/a	HK$2b
Jun 30 2024	n/a	n/a	HK$2b
Mar 31 2024	n/a	n/a	HK$2b
Dec 31 2023	HK$29m	HK$3m	HK$2b
Sep 30 2023	n/a	n/a	HK$2b
Jun 30 2023	n/a	n/a	HK$3b
Mar 31 2023	n/a	n/a	HK$3b
Dec 31 2022	HK$33m	HK$3m	HK$4b
Sep 30 2022	n/a	n/a	HK$6b
Jun 30 2022	n/a	n/a	HK$8b
Mar 31 2022	n/a	n/a	HK$9b
Dec 31 2021	HK$48m	HK$3m	HK$11b
Sep 30 2021	n/a	n/a	HK$10b
Jun 30 2021	n/a	n/a	HK$9b
Mar 31 2021	n/a	n/a	HK$7b
Dec 31 2020	HK$25m	HK$3m	HK$5b
Sep 30 2020	n/a	n/a	HK$4b
Jun 30 2020	n/a	n/a	HK$3b
Mar 31 2020	n/a	n/a	HK$3b
Dec 31 2019	HK$45m	HK$3m	HK$3b
Sep 30 2019	n/a	n/a	HK$3b
Jun 30 2019	n/a	n/a	HK$3b
Mar 31 2019	n/a	n/a	HK$5b
Dec 31 2018	HK$22m	HK$3m	HK$6b

Compensation vs Market: Wing Yiu's total compensation ($USD2.26M) is above average for companies of similar size in the Hong Kong market ($USD636.91K).

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

CEO

Wing Yiu Chang (58 yo)

no data

Tenure

HK$17,589,000

Compensation

Mr. Wing Yiu Chang has been Managing Director of Kingboard Holdings Limited (formerly known as Kingboard Chemical Holdings Limited). since August 1, 2014 and is its Chief Executive. Mr. Chan serves as the...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Kwok Wing Cheung	Co-Founder & Executive Chairman	no data	HK$25.58m	1.07% HK$ 297.3m
Wing Yiu Chang	Chief Executive	no data	HK$17.59m	0.93% HK$ 258.2m
Kwong Kwan Cheung	Executive Director	no data	HK$17.59m	0.56% HK$ 156.3m
Yin Sang Ho	Head of Chemical Business Operations & Executive Director	no data	HK$15.43m	0.18% HK$ 50.4m
Ka Shing Cheung	Executive Director	11.3yrs	HK$11.25m	0.12% HK$ 32.4m
Kin Fan Ho	Executive Director	4.1yrs	HK$10.54m	no data
Ka Leong Lo	Company Secretary	26.5yrs	no data	no data

11.3yrs

Average Tenure

58yo

Average Age

Experienced Management: 148's management team is seasoned and experienced (11.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Kwok Wing Cheung	Co-Founder & Executive Chairman	no data	HK$25.58m	1.07% HK$ 297.3m
Wing Yiu Chang	Chief Executive	no data	HK$17.59m	0.93% HK$ 258.2m
Kwong Kwan Cheung	Executive Director	no data	HK$17.59m	0.56% HK$ 156.3m
Yin Sang Ho	Head of Chemical Business Operations & Executive Director	18.8yrs	HK$15.43m	0.18% HK$ 50.4m
Ka Shing Cheung	Executive Director	11.3yrs	HK$11.25m	0.12% HK$ 32.4m
Kin Fan Ho	Executive Director	4.1yrs	HK$10.54m	no data
Wing Kee Chan	Independent Non-Executive Director	8.3yrs	HK$720.00k	0.026% HK$ 7.2m
Ming Man Cheung	Independent Non-Executive Director	10yrs	HK$410.00k	0.0032% HK$ 881.9k
Wai Cheong Chung	Independent Non-Executive Director	5.1yrs	HK$540.00k	no data
Kin Ki Chong	Independent Non-Executive Director	9.3yrs	HK$525.00k	0.0099% HK$ 2.8m

9.3yrs

Average Tenure

64yo

Average Age

Experienced Board: 148's board of directors are considered experienced (9.3 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/11/22 20:25
End of Day Share Price	2025/11/21 00:00
Earnings	2025/06/30
Annual Earnings	2024/12/31

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.

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 Github.

Analyst Sources

Kingboard Holdings Limited is covered by 11 analysts. 2 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
Joon-Ho Lee	BofA Global Research
Mingxin Sun	Citic Securities Co., Ltd.
Tak Hung Lau	Citigroup Inc

Kingboard Holdings Management

Management criteria checks 3/4

Key information

Recent management updates

Co-Founder & Executive Chairman recently sold HK$21m worth of stock

Kingboard Holdings Limited Announces Resignation of Chen Maosheng as an Executive Director with Effect from 17 October 2025

Co-Founder & Executive Chairman recently bought HK$2.7m worth of stock

Co-Founder & Executive Chairman recently bought HK$2.9m worth of stock

Co-Founder & Executive Chairman recently sold HK$11m worth of stock

Co-Founder & Executive Chairman recently sold HK$13m worth of stock

Recent updates

Is Kingboard Holdings (HKG:148) A Risky Investment?

Kingboard Holdings (HKG:148) Has Announced A Dividend Of HK$0.69

Co-Founder & Executive Chairman recently sold HK$21m worth of stock

Kingboard Holdings Limited Announces Resignation of Chen Maosheng as an Executive Director with Effect from 17 October 2025

Co-Founder & Executive Chairman recently bought HK$2.7m worth of stock

Co-Founder & Executive Chairman recently bought HK$2.9m worth of stock

Kingboard Holdings (HKG:148) Will Pay A Dividend Of HK$0.69

First half dividend of HK$0.69 announced

First half 2025 earnings released: EPS: HK$2.33 (vs HK$1.36 in 1H 2024)

Kingboard Holdings Limited's (HKG:148) 27% Price Boost Is Out Of Tune With Earnings

Returns At Kingboard Holdings (HKG:148) Appear To Be Weighed Down

Price target increased by 16% to HK$32.30

Should You Think About Buying Kingboard Holdings Limited (HKG:148) Now?

Kingboard Holdings Limited to Report First Half, 2025 Results on Aug 25, 2025

Co-Founder & Executive Chairman recently sold HK$11m worth of stock

Co-Founder & Executive Chairman recently sold HK$13m worth of stock

Co-Founder & Executive Chairman recently bought HK$950k worth of stock

Kingboard Holdings Limited (HKG:148) Investors Are Less Pessimistic Than Expected

Upcoming dividend of HK$1.00 per share

Co-Founder & Executive Chairman recently bought HK$2.3m worth of stock

Co-Founder & Executive Chairman recently bought HK$3.0m worth of stock

We Think Kingboard Holdings Limited's (HKG:148) CEO Compensation Package Needs To Be Put Under A Microscope

The Returns At Kingboard Holdings (HKG:148) Aren't Growing

There May Be Reason For Hope In Kingboard Holdings' (HKG:148) Disappointing Earnings

Full year 2024 earnings released: EPS: HK$1.47 (vs HK$1.86 in FY 2023)

Board Member recently bought HK$19m worth of stock

A Look At The Intrinsic Value Of Kingboard Holdings Limited (HKG:148)

Investor sentiment deteriorates as stock falls 16%

Kingboard Holdings (HKG:148) Has Announced That It Will Be Increasing Its Dividend To HK$1.00

Final dividend of HK$1.00 announced

Full year 2024 earnings released: EPS: HK$1.47 (vs HK$1.86 in FY 2023)

Kingboard Holdings Limited, Annual General Meeting, May 26, 2025

Investor Optimism Abounds Kingboard Holdings Limited (HKG:148) But Growth Is Lacking

Investor sentiment improves as stock rises 15%

Kingboard Holdings Limited to Report Fiscal Year 2024 Results on Mar 24, 2025

Is Kingboard Holdings Limited (HKG:148) Potentially Undervalued?

Co-Founder & Executive Chairman recently bought HK$549k worth of stock

Is Kingboard Holdings (HKG:148) Using Too Much Debt?

Some Investors May Be Worried About Kingboard Holdings' (HKG:148) Returns On Capital

Co-Founder & Executive Chairman recently bought HK$3.9m worth of stock

Upcoming dividend of HK$0.40 per share

Co-Founder & Executive Chairman recently bought HK$963k worth of stock

Co-Founder & Executive Chairman recently bought HK$8.5m worth of stock

Co-Founder & Executive Chairman recently bought HK$970k worth of stock

Co-Founder & Executive Chairman recently bought HK$1.9m worth of stock

Investor sentiment deteriorates as stock falls 17%

What Kingboard Holdings Limited's (HKG:148) 36% Share Price Gain Is Not Telling You

Is Now The Time To Look At Buying Kingboard Holdings Limited (HKG:148)?

Co-Founder & Executive Chairman recently bought HK$1.0m worth of stock

Investor sentiment improves as stock rises 16%

We Think You Can Look Beyond Kingboard Holdings' (HKG:148) Lackluster Earnings

Co-Founder & Executive Chairman recently bought HK$937k worth of stock

Capital Allocation Trends At Kingboard Holdings (HKG:148) Aren't Ideal

Price target decreased by 10.0% to HK$27.00

First half dividend of HK$0.40 announced

First half 2024 earnings released: EPS: HK$1.36 (vs HK$1.25 in 1H 2023)

Subdued Growth No Barrier To Kingboard Holdings Limited's (HKG:148) Price

Kingboard Holdings Limited Announces Interim Cash Dividend for the Six Months Ended June 30, 2024, Payable on 08 January 2025

Kingboard Holdings Limited to Report First Half, 2024 Results on Aug 26, 2024

Now 21% overvalued after recent price rise

Co-Founder & Executive Chairman recently bought HK$995k worth of stock

Upcoming dividend of HK$0.36 per share

Should You Think About Buying Kingboard Holdings Limited (HKG:148) Now?

We Think Kingboard Holdings (HKG:148) Is Taking Some Risk With Its Debt

What Kingboard Holdings Limited's (HKG:148) 27% Share Price Gain Is Not Telling You

Investor sentiment improves as stock rises 16%

Now 30% overvalued after recent price rise

Full year 2023 earnings released: EPS: HK$1.86 (vs HK$3.30 in FY 2022)

Kingboard Holdings' (HKG:148) Dividend Will Be Reduced To HK$0.36