Seacon Shipping Group Holdings Limited

SEHK:2409 Stock Report

Market Cap: HK$1.7b

Seacon Shipping Group Holdings Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Zekai Chen

Chief executive officer

US$182.0k

Total compensation

CEO salary percentage94.5%
CEO tenure2.6yrs
CEO ownership15.0%
Management average tenureno data
Board average tenure2.2yrs

Recent management updates

Recent updates

We Believe That Seacon Shipping Group Holdings' (HKG:2409) Weak Earnings Are A Good Indicator Of Underlying Profitability

Oct 03
We Believe That Seacon Shipping Group Holdings' (HKG:2409) Weak Earnings Are A Good Indicator Of Underlying Profitability

CEO Compensation Analysis

How has Zekai Chen's remuneration changed compared to Seacon Shipping Group Holdings's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

US$21m

Sep 30 2023n/an/a

US$19m

Jun 30 2023n/an/a

US$33m

Mar 31 2023n/an/a

US$45m

Dec 31 2022US$182kUS$172k

US$57m

Sep 30 2022n/an/a

US$59m

Dec 31 2021US$141kUS$110k

US$34m

Dec 31 2020US$66kUS$66k

US$451k

Dec 31 2019US$20kUS$20k

US$8m

Compensation vs Market: Zekai's total compensation ($USD182.00K) is below average for companies of similar size in the Hong Kong market ($USD357.52K).

Compensation vs Earnings: Zekai's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


CEO

Zekai Chen (59 yo)

2.6yrs

Tenure

US$182,000

Compensation

Mr. Zekai Chen is General Manager & Executive Director of Seacon Shipping Group Holdings Limited. He joined the Seacon Shipping Group Holdings Limited on December 14, 2012. He is a Director at Seacon Shipp...


Board Members

NamePositionTenureCompensationOwnership
Jinkui Guo
Executive Chairman2.6yrsUS$211.00k57.75%
$ 976.0m
Zekai Chen
GM & Executive Director2.6yrsUS$182.00k15%
$ 253.5m
Gang He
CFO & Executive Director2.2yrsUS$166.00k0.75%
$ 12.7m
Yong Zhao
Executive Director & President of Ship Management2.2yrsUS$138.00k1.5%
$ 25.4m
Junyuan Fu
Independent Non-Executive Director1.2yrsno datano data
Xuemei Zhang
Independent Non-Executive Director1.2yrsno datano data
Wei Zhuang
Independent Non-Executive Director1.2yrsno datano data

2.2yrs

Average Tenure

52yo

Average Age

Experienced Board: 2409's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.


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