It Looks Like Shareholders Would Probably Approve Changan Minsheng APLL Logistics Co., Ltd.'s (HKG:1292) CEO Compensation Package
Key Insights
- Changan Minsheng APLL Logistics will host its Annual General Meeting on 27th of June
- Total pay for CEO Nianyong Wan includes CN¥1.08m salary
- Total compensation is similar to the industry average
- Changan Minsheng APLL Logistics' total shareholder return over the past three years was 70% while its EPS grew by 18% over the past three years
The performance at Changan Minsheng APLL Logistics Co., Ltd. (HKG:1292) has been quite strong recently and CEO Nianyong Wan has played a role in it. Shareholders will have this at the front of their minds in the upcoming AGM on 27th of June. It is likely that the focus will be on company strategy going forward as shareholders hear from the board and cast their votes on resolutions such as executive remuneration and other matters. We think the CEO has done a pretty decent job and we discuss why the CEO compensation is appropriate.
See our latest analysis for Changan Minsheng APLL Logistics
How Does Total Compensation For Nianyong Wan Compare With Other Companies In The Industry?
Our data indicates that Changan Minsheng APLL Logistics Co., Ltd. has a market capitalization of HK$602m, and total annual CEO compensation was reported as CN¥1.2m for the year to December 2024. That's a fairly small increase of 3.1% over the previous year. In particular, the salary of CN¥1.08m, makes up a huge portion of the total compensation being paid to the CEO.
On comparing similar-sized companies in the Hong Kong Logistics industry with market capitalizations below HK$1.6b, we found that the median total CEO compensation was CN¥1.3m. This suggests that Changan Minsheng APLL Logistics remunerates its CEO largely in line with the industry average.
| Component | 2024 | 2023 | Proportion (2024) |
| Salary | CN¥1.1m | CN¥1.1m | 89% |
| Other | CN¥134k | CN¥128k | 11% |
| Total Compensation | CN¥1.2m | CN¥1.2m | 100% |
Speaking on an industry level, nearly 88% of total compensation represents salary, while the remainder of 12% is other remuneration. Changan Minsheng APLL Logistics is largely mirroring the industry average when it comes to the share a salary enjoys in overall compensation. If salary dominates total compensation, it suggests that CEO compensation is leaning less towards the variable component, which is usually linked with performance.
A Look at Changan Minsheng APLL Logistics Co., Ltd.'s Growth Numbers
Changan Minsheng APLL Logistics Co., Ltd.'s earnings per share (EPS) grew 18% per year over the last three years. In the last year, its revenue is up 12%.
Overall this is a positive result for shareholders, showing that the company has improved in recent years. It's also good to see decent revenue growth in the last year, suggesting the business is healthy and growing. We don't have analyst forecasts, but you could get a better understanding of its growth by checking out this more detailed historical graph of earnings, revenue and cash flow.
Has Changan Minsheng APLL Logistics Co., Ltd. Been A Good Investment?
Most shareholders would probably be pleased with Changan Minsheng APLL Logistics Co., Ltd. for providing a total return of 70% over three years. So they may not be at all concerned if the CEO were to be paid more than is normal for companies around the same size.
In Summary...
Seeing that the company has put in a relatively good performance, the CEO remuneration policy may not be the focus at the AGM. In fact, strategic decisions that could impact the future of the business might be a far more interesting topic for investors as it would help them set their longer-term expectations.
CEO compensation can have a massive impact on performance, but it's just one element. That's why we did some digging and identified 4 warning signs for Changan Minsheng APLL Logistics that you should be aware of before investing.
Switching gears from Changan Minsheng APLL Logistics, if you're hunting for a pristine balance sheet and premium returns, this free list of high return, low debt companies is a great place to look.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About SEHK:1292
Changan Minsheng APLL Logistics
Provides supply chain management services for automobiles and automobile raw materials, components, and parts in China.
Excellent balance sheet with acceptable track record.
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