LC Logistics Management
Management criteria checks 2/4
LC Logistics' CEO is Xin Xu, appointed in Oct 2022, has a tenure of 2.08 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$1.76B. The average tenure of the management team and the board of directors is 2.1 years and 2.1 years respectively.
Key information
Xin Xu
Chief executive officer
CN¥1.5m
Total compensation
| CEO salary percentage | 86.4% |
| CEO tenure | 2.1yrs |
| CEO ownership | 29.5% |
| Management average tenure | 2.1yrs |
| Board average tenure | 2.1yrs |
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | CN¥24m |
| Mar 31 2024 | n/a | n/a | CN¥72m |
| Dec 31 2023 | CN¥2m | CN¥1m | CN¥119m |
| Sep 30 2023 | n/a | n/a | CN¥164m |
| Jun 30 2023 | n/a | n/a | CN¥208m |
| Mar 31 2023 | n/a | n/a | CN¥295m |
| Dec 31 2022 | CN¥909k | CN¥613k | CN¥381m |
| Dec 31 2021 | CN¥925k | CN¥652k | CN¥384m |
| Dec 31 2020 | CN¥470k | CN¥381k | CN¥26m |
Compensation vs Market: Xin's total compensation ($USD209.97K) is below average for companies of similar size in the Hong Kong market ($USD481.54K).
Compensation vs Earnings: Xin's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Xin Xu (45 yo)
2.1yrs
Tenure
CN¥1,521,000
Compensation
Mr. Xu Xin serves as Director at LC Logistics, Inc. July 27, 2022 and was re-designated as our executive Director, chief executive officer, president and the chairman of the Board on October 20, 2022, main...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.1yrs | CN¥1.52m | 29.48% HK$ 1.8b | |
| CFO & Executive Director | 2.1yrs | CN¥455.00k | no data | |
| Executive Director & VP | 2.1yrs | CN¥756.00k | 15.34% HK$ 917.7m | |
| Executive Director | no data | CN¥40.00k | no data | |
| Joint Company Secretary | 2.1yrs | no data | no data | |
| Joint Company Secretary | less than a year | no data | no data |
2.1yrs
Average Tenure
44yo
Average Age
Experienced Management: 2490's management team is considered experienced (2.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.3yrs | CN¥1.52m | 29.48% HK$ 1.8b | |
| CFO & Executive Director | 2.1yrs | CN¥455.00k | no data | |
| Executive Director & VP | 2.1yrs | CN¥756.00k | 15.34% HK$ 917.7m | |
| Executive Director | 2.1yrs | CN¥40.00k | no data | |
| Independent Non-Executive Director | 1.3yrs | CN¥77.00k | no data | |
| Independent Non-Executive Director | 1.3yrs | CN¥77.00k | no data | |
| Independent Non-Executive Director | 1.3yrs | CN¥77.00k | no data |
2.1yrs
Average Tenure
45yo
Average Age
Experienced Board: 2490's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.