HKBN Management

Management criteria checks 1/4

HKBN's CEO is William Yeung, appointed in Feb 2024, has a tenure of less than a year. total yearly compensation is HK$9.11M, comprised of 91% salary and 9% bonuses, including company stock and options. directly owns 2.27% of the company’s shares, worth HK$134.62M. The average tenure of the management team and the board of directors is 1.2 years and 1.4 years respectively.

Key information

William Yeung

Chief executive officer

HK$9.1m

Total compensation

CEO salary percentage	91.0%
CEO tenure	less than a year
CEO ownership	2.3%
Management average tenure	1.2yrs
Board average tenure	1.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has William Yeung's remuneration changed compared to HKBN's earnings?
Date	Total Compensation	Salary	Company Earnings
Aug 31 2024	HK$9m	HK$8m	HK$10m
May 31 2024	n/a	n/a	-HK$639m
Feb 29 2024	n/a	n/a	-HK$1b
Nov 30 2023	n/a	n/a	-HK$1b
Aug 31 2023	HK$12m	HK$10m	-HK$1b
May 31 2023	n/a	n/a	-HK$498m
Feb 28 2023	n/a	n/a	HK$272m
Nov 30 2022	n/a	n/a	HK$413m
Aug 31 2022	HK$11m	HK$10m	HK$553m
May 31 2022	n/a	n/a	HK$508m
Feb 28 2022	n/a	n/a	HK$463m
Nov 30 2021	n/a	n/a	HK$335m
Aug 31 2021	HK$12m	HK$10m	HK$207m
May 31 2021	n/a	n/a	HK$110m
Feb 28 2021	n/a	n/a	HK$13m
Nov 30 2020	n/a	n/a	HK$55m
Aug 31 2020	HK$12m	HK$10m	HK$97m
May 31 2020	n/a	n/a	HK$122m
Feb 29 2020	n/a	n/a	HK$147m
Nov 30 2019	n/a	n/a	HK$181m
Aug 31 2019	HK$12m	HK$9m	HK$215m
May 31 2019	n/a	n/a	HK$285m
Feb 28 2019	n/a	n/a	HK$355m
Nov 30 2018	n/a	n/a	HK$376m
Aug 31 2018	HK$13m	HK$10m	HK$397m

Compensation vs Market: William's total compensation ($USD1.17M) is above average for companies of similar size in the Hong Kong market ($USD466.36K).

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

CEO

William Yeung (63 yo)

less than a year

Tenure

HK$9,111,000

Compensation

Mr. Chu Kwong Yeung, also known as William, is Independent Non-Executive Director of Hung Fook Tong Group Holdings Limited from March 25, 2024. Mr. Yeung is Interim CEO of HKBN Ltd. from February 28, 2024...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Chu Kwong Yeung	Co-Owner	less than a year	HK$9.11m	2.27% HK$ 134.6m
Shing Fai Yip	President & Group COO	less than a year	no data	no data
Chung Ting Yue	Co-Owner & CFO	1.2yrs	no data	no data
Yau Chung Li	Co-Owner & CTO	4.3yrs	no data	no data
Pei Kwun Yap	Co-Owner & Chief Legal Officer	1.8yrs	no data	no data
Yung Yin Shiu	Co-Owner & CEO of Residential Solutions	5.7yrs	no data	no data
Yiu Zin	Co-Owner & COO of Enterprise Solutions	no data	no data	no data
Wai Sze Cheng	Chief Talent Officer	1.2yrs	no data	no data
Chun Chi She	Co-Owner & Chief Transformation Officer	1.2yrs	no data	no data
Shing Leung	Chief Executive Officer of Enterprise Solutions	no data	no data	no data
Chung Man Cheng	Company Secretary	3.4yrs	no data	no data

1.2yrs

Average Tenure

54yo

Average Age

Experienced Management: 1310's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Chu Kwong Yeung	Co-Owner	16yrs	HK$9.11m	2.27% HK$ 134.6m
Bradley Horwitz	Independent Non-Executive Chairman	9.8yrs	HK$653.00k	0.21% HK$ 12.7m
Ming Ming Cheung	Independent Non-Executive Director	1.2yrs	HK$631.00k	no data
Cordelia Chung	Independent Non-Executive Director	less than a year	HK$465.00k	no data
Liyang Zhang	Non-Executive Director	1.4yrs	no data	no data
Shengping Yu	Non-Executive Director	2.9yrs	no data	no data
Kit Yi Chung	Independent Non-Executive Director	1.2yrs	HK$631.00k	no data

1.4yrs

Average Tenure

61yo

Average Age

Experienced Board: 1310's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.

HKBN Management

Management criteria checks 1/4

Key information

Recent management updates

HKBN Appoints Dr. Gabriel Leung as Chief Executive Officer - Enterprise Solutions

HKBN Ltd., Annual General Meeting, Dec 12, 2024

HKBN Group Appoints Denis Yip as President and Group Chief Operating Officer

HKBN Ltd. Announces Chief Executive Officer Changes

High number of new directors

Less than half of directors are independent

Recent updates

China Mobile in Talks to Take over HKBN in Cash Bid

Final dividend of HK$0.17 announced

Full year 2024 earnings: EPS and revenues miss analyst expectations

HKBN Appoints Dr. Gabriel Leung as Chief Executive Officer - Enterprise Solutions

HKBN Ltd., Annual General Meeting, Dec 12, 2024

HKBN Ltd. to Report Fiscal Year 2024 Results on Oct 31, 2024

Now 22% undervalued

HKBN Group Appoints Denis Yip as President and Group Chief Operating Officer

Price target decreased by 17% to HK$2.83

Now 22% undervalued

HKBN and Bowtie Collaborates to Launch an Exclusive Four-In-One Healthcare Service Plan

Upcoming dividend of HK$0.15 per share

Price target decreased by 14% to HK$3.37

First half dividend reduced to HK$0.15

First half 2024 earnings released: EPS: HK$0.001 (vs HK$0.018 in 1H 2023)

HKBN Ltd. Recommends Interim Dividend for the Six Months Ended February 29, 2024, Payable on June 5, 2024

HKBN Ltd. to Report First Half, 2024 Results on Apr 26, 2024

Price target decreased by 11% to HK$3.90

Now 20% undervalued after recent price drop

HKBN Ltd. Announces Chief Executive Officer Changes

High number of new directors

Less than half of directors are independent

HKBN Ltd. Approves Final Dividend for the Year Ended 31 August 2023

Upcoming dividend of HK$0.20 per share at 11% yield

HKBN Unveils N Mobile, A Distinctive New Brand Designed for Individuals with A Deep Passion for Travel, Exploration and Living Life

HKBN Ltd. Announces Management Changes

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

HKBN Ltd., Annual General Meeting, Dec 15, 2023

HKBN Ltd. Proposes Final Dividend for the Year Ended 31 August 2023, Payable on 8 January 2024

Price target decreased by 17% to HK$4.60

Full year 2023 earnings: EPS misses analyst expectations

Now 22% undervalued after recent price drop

HKBN Ltd. to Report Q4, 2023 Results on Nov 02, 2023

HKBN Ltd. Provides Earnings Guidance for the Year Ended 31 August 2022

Now 23% undervalued after recent price drop

Price target decreased by 12% to HK$5.30

Investor sentiment deteriorates as stock falls 20%

HKBN Ltd. Appoints Derek Yue as Chief Financial Officer

HKBN Ltd. Announces Change of Directors and Composition of Board Committees

Co-Owner recently bought HK$5.5m worth of stock

HKBN Ltd. Announces Board Changes

Price target decreased by 8.4% to HK$6.35

HKBN Ltd. Announces Directorate and Committees Changes

Hong Kong Broadband Network Limited Launches Game Changer Post-Paid Global Sim

Consensus EPS estimates fall by 14%

Upcoming dividend of HK$0.20 per share at 6.9% yield

HKBN (HKG:1310) Has Announced That Its Dividend Will Be Reduced To HK$0.20

First half 2023 earnings released: EPS: HK$0.018 (vs HK$0.23 in 1H 2022)

Here's Why HKBN (HKG:1310) Has A Meaningful Debt Burden

Hkbn Ltd. Approves Final Dividend for the Year Ended 31 August 2022

Upcoming dividend of HK$0.20 per share

There Are Reasons To Feel Uneasy About HKBN's (HKG:1310) Returns On Capital

Less than half of directors are independent

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

HKBN Ltd., Annual General Meeting, Dec 16, 2022

Co-Owner recently bought HK$2.9m worth of stock

Consensus EPS estimates fall by 30%

Price target decreased to HK$8.47

HKBN Ltd. Proposes Final Dividend for the Year Ended Aug. 31, 2022, Payable on 06 January 2023

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

HKBN Ltd. Announces Leave of Absence of Executive Director Ni Quiaque Lai

Price target decreased to HK$9.90

HKBN Ltd. to Report Q4, 2022 Results on Oct 27, 2022

HKBN Ltd. Announces Executive Appointments

Investors Could Be Concerned With HKBN's (HKG:1310) Returns On Capital

HKBN Ltd. and TP-Link Launch Market's First Certified Wi-Fi 6E Router

Price target decreased to HK$11.00

Investor sentiment improved over the past week

These 4 Measures Indicate That HKBN (HKG:1310) Is Using Debt Reasonably Well