LC Logistics Management

Management criteria checks 2/4

LC Logistics' CEO is Xin Xu, appointed in Oct 2022, has a tenure of 2.17 years. total yearly compensation is CN¥1.52M, comprised of 86.4% salary and 13.6% bonuses, including company stock and options. directly owns 29.48% of the company’s shares, worth HK$2.21B. The average tenure of the management team and the board of directors is 2.2 years and 2.2 years respectively.

Key information

Xin Xu

Chief executive officer

CN¥1.5m

Total compensation

CEO salary percentage86.4%
CEO tenure2.2yrs
CEO ownership29.5%
Management average tenure2.2yrs
Board average tenure2.2yrs

Recent management updates

Recent updates

Is LC Logistics (HKG:2490) Using Too Much Debt?

Jun 05
Is LC Logistics (HKG:2490) Using Too Much Debt?

LC Logistics' (HKG:2490) Weak Earnings May Only Reveal A Part Of The Whole Picture

Apr 30
LC Logistics' (HKG:2490) Weak Earnings May Only Reveal A Part Of The Whole Picture

After Leaping 134% LC Logistics, Inc. (HKG:2490) Shares Are Not Flying Under The Radar

Apr 16
After Leaping 134% LC Logistics, Inc. (HKG:2490) Shares Are Not Flying Under The Radar

CEO Compensation Analysis

How has Xin Xu's remuneration changed compared to LC Logistics's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

CN¥24m

Mar 31 2024n/an/a

CN¥72m

Dec 31 2023CN¥2mCN¥1m

CN¥119m

Sep 30 2023n/an/a

CN¥164m

Jun 30 2023n/an/a

CN¥208m

Mar 31 2023n/an/a

CN¥295m

Dec 31 2022CN¥909kCN¥613k

CN¥381m

Dec 31 2021CN¥925kCN¥652k

CN¥384m

Dec 31 2020CN¥470kCN¥381k

CN¥26m

Compensation vs Market: Xin's total compensation ($USD208.38K) is below average for companies of similar size in the Hong Kong market ($USD478.93K).

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


CEO

Xin Xu (45 yo)

2.2yrs

Tenure

CN¥1,521,000

Compensation

Mr. Xu Xin serves as Director at LC Logistics, Inc. July 27, 2022 and was re-designated as our executive Director, chief executive officer, president and the chairman of the Board on October 20, 2022, main...


Leadership Team

NamePositionTenureCompensationOwnership
Xin Xu
President2.2yrsCN¥1.52m29.48%
HK$ 2.2b
Jiali Zhu
CFO & Executive Director2.2yrsCN¥455.00kno data
Yan Li
Executive Director & VP2.2yrsCN¥756.00k15.34%
HK$ 1.2b
Zhenrong Yu
Executive Directorno dataCN¥40.00kno data
Sujun Ding
Joint Company Secretary2.2yrsno datano data
Sau Mei Ng
Joint Company Secretaryless than a yearno datano data

2.2yrs

Average Tenure

44yo

Average Age

Experienced Management: 2490's management team is considered experienced (2.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Xin Xu
President2.4yrsCN¥1.52m29.48%
HK$ 2.2b
Jiali Zhu
CFO & Executive Director2.2yrsCN¥455.00kno data
Yan Li
Executive Director & VP2.2yrsCN¥756.00k15.34%
HK$ 1.2b
Zhenrong Yu
Executive Director2.2yrsCN¥40.00kno data
Lin Gu
Independent Non-Executive Director1.3yrsCN¥77.00kno data
Haibo Du
Independent Non-Executive Director1.3yrsCN¥77.00kno data
Yinliang Qi
Independent Non-Executive Director1.3yrsCN¥77.00kno data

2.2yrs

Average Tenure

45yo

Average Age

Experienced Board: 2490's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/27 08:06
End of Day Share Price 2024/12/27 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

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

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Analyst Sources

LC Logistics, Inc. is covered by 0 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