Seacon Shipping Group Holdings Limited

SEHK:2409 Stock Report

Market Cap: HK$2.2b

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$277.0k

Total compensation

CEO salary percentage86.6%
CEO tenure3.2yrs
CEO ownership15.0%
Management average tenureno data
Board average tenure2.8yrs

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
Jun 30 2024n/an/a

US$41m

Mar 31 2024n/an/a

US$31m

Dec 31 2023US$277kUS$240k

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 ($USD277.00K) is about average for companies of similar size in the Hong Kong market ($USD348.00K).

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


CEO

Zekai Chen (60 yo)

3.2yrs

Tenure

US$277,000

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 Chairman3.2yrsUS$312.00k57.75%
HK$ 1.3b
Zekai Chen
GM & Executive Director3.2yrsUS$277.00k15%
HK$ 331.5m
Gang He
CFO & Executive Director2.8yrsUS$221.00k0.75%
HK$ 16.6m
Yong Zhao
Executive Director & President of Ship Management2.8yrsUS$172.00k1.5%
HK$ 33.2m
Junyuan Fu
Independent Non-Executive Director1.8yrsUS$26.00kno data
Xuemei Zhang
Independent Non-Executive Director1.8yrsUS$26.00kno data
Wei Zhuang
Independent Non-Executive Director1.8yrsUS$26.00kno data

2.8yrs

Average Tenure

53yo

Average Age

Experienced Board: 2409's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 23:38
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

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 .

Analyst Sources

Seacon Shipping Group Holdings Limited is covered by 2 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.

AnalystInstitution
Hai YanSWS Research Co., Ltd.
Jiewei ZouSWS Research Co., Ltd.