Shenzhen Expressway Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Xiang Wen Liao

Chief executive officer

CN¥1.2m

Total compensation

CEO salary percentage	100.0%
CEO tenure	6.2yrs
CEO ownership	n/a
Management average tenure	6.2yrs
Board average tenure	3.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Xiang Wen Liao's remuneration changed compared to Shenzhen Expressway's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	CN¥2b
Jun 30 2024	n/a	n/a	CN¥2b
Mar 31 2024	n/a	n/a	CN¥2b
Dec 31 2023	CN¥1m	CN¥1m	CN¥2b
Sep 30 2023	n/a	n/a	CN¥2b
Jun 30 2023	n/a	n/a	CN¥2b
Mar 31 2023	n/a	n/a	CN¥2b
Dec 31 2022	CN¥1m	CN¥1m	CN¥2b
Sep 30 2022	n/a	n/a	CN¥3b
Jun 30 2022	n/a	n/a	CN¥2b
Mar 31 2022	n/a	n/a	CN¥2b
Dec 31 2021	CN¥1m	CN¥1m	CN¥3b
Sep 30 2021	n/a	n/a	CN¥3b
Jun 30 2021	n/a	n/a	CN¥3b
Mar 31 2021	n/a	n/a	CN¥3b
Dec 31 2020	CN¥1m	CN¥1m	CN¥2b
Sep 30 2020	n/a	n/a	CN¥1b
Jun 30 2020	n/a	n/a	CN¥1b
Mar 31 2020	n/a	n/a	CN¥2b
Dec 31 2019	CN¥2m	CN¥1m	CN¥3b
Sep 30 2019	n/a	n/a	CN¥4b
Jun 30 2019	n/a	n/a	CN¥4b
Mar 31 2019	n/a	n/a	CN¥4b
Dec 31 2018	CN¥2m	CN¥1m	CN¥3b
Sep 30 2018	n/a	n/a	CN¥2b
Jun 30 2018	n/a	n/a	CN¥2b
Mar 30 2018	n/a	n/a	CN¥1b
Dec 31 2017	CN¥2m	CN¥1m	CN¥1b

Compensation vs Market: Xiang Wen's total compensation ($USD161.59K) is below average for companies of similar size in the Hong Kong market ($USD515.31K).

Compensation vs Earnings: Xiang Wen's compensation has been consistent with company performance over the past year.

CEO

Xiang Wen Liao (56 yo)

6.2yrs

Tenure

CN¥1,170,800

Compensation

Mr. Xiang Wen Liao serves as Executive Chairman of Shenzhen Investment Holdings Bay Area Development Company Limited since January 6, 2023. He has been President of Shenzhen Expressway Co., Ltd. since Sept...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Xiang Wen Liao	President & Interim Executive Chair	6.2yrs	CN¥1.17m	no data
Zhao Gui Ping	CFO, Chief Accountant & Joint Company Secretary	6.2yrs	CN¥1.27m	no data
Bi Nan Huang	Deputy Administrative Officer & Vice President	16.4yrs	CN¥1.29m	no data
Shou Yi Chen	Chief Engineer	6.2yrs	CN¥1.26m	no data
Liang Wen	Financial Controller & Executive Director	6.2yrs	no data	no data
Po Wei Wen	Vice President	9.2yrs	CN¥1.29m	no data
De Liang Wen	Vice President	2.9yrs	CN¥1.27m	no data
Meng Du	Vice President	2.9yrs	CN¥1.27m	no data
Hai Yao	Executive Director	less than a year	no data	no data
Yuen Ling Lam	Joint Company Secretary	5.3yrs	no data	no data

6.2yrs

Average Tenure

51yo

Average Age

Experienced Management: 548's management team is seasoned and experienced (6.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Xiang Wen Liao	President & Interim Executive Chair	8yrs	CN¥1.17m	no data
Liang Wen	Financial Controller & Executive Director	5.7yrs	no data	no data
Hai Yao	Executive Director	less than a year	no data	no data
Yan Yan	Independent Non-Executive Director	less than a year	no data	no data
Jingming Dai	Non-Executive Director	3.8yrs	no data	no data
Xiao Yan Li	Non-Executive Director	3.8yrs	no data	no data
Ji Tong Lin	Chairman of Supervisory Committee	4.4yrs	no data	no data
Fei Long Li	Independent Non-Executive Director	3.8yrs	CN¥230.00k	no data
Jun Miao	Independent Director	3.3yrs	CN¥230.00k	no data
Hua Xiang Xu	Independent Non-Executive Director	3.3yrs	CN¥230.00k	no data
Chao Wang	Shareholder Representative Supervisor	3.8yrs	no data	no data
Dawei Lu	Non-Executive Director	2.4yrs	no data	no data

3.8yrs

Average Tenure

52yo

Average Age

Experienced Board: 548's board of directors are considered experienced (3.8 years average tenure).

Shenzhen Expressway Management

Management criteria checks 4/4

Key information

Recent management updates

Shenzhen Expressway Corporation Limited, Annual General Meeting, Jun 25, 2024

Shenzhen Expressway Corporation Limited Announces Management Changes

Shenzhen Expressway Corporation Limited Announces Resignation of Bai Hua as Independent Non-Executive Director

Shenzhen Expressway Corporation Limited Announces Board Changes

Less than half of directors are independent

Shenzhen Expressway Corporation Limited, Annual General Meeting, Jun 30, 2022

Recent updates

Third quarter 2024 earnings released: EPS: CN¥0.26 (vs CN¥0.26 in 3Q 2023)

Shenzhen Expressway Corporation Limited to Report Q3, 2024 Results on Oct 31, 2024

Second quarter 2024 earnings released: EPS: CN¥0.12 (vs CN¥0.20 in 2Q 2023)

Now 21% undervalued

Shenzhen Expressway Corporation Limited to Report First Half, 2024 Results on Aug 24, 2024

Upcoming dividend of CN¥0.55 per share

Shenzhen Expressway Corporation Limited, Annual General Meeting, Jun 25, 2024

First quarter 2024 earnings released: EPS: CN¥0.20 (vs CN¥0.18 in 1Q 2023)

Shenzhen Expressway Corporation Limited to Report Q1, 2024 Results on Apr 27, 2024

Full year 2023 earnings released: EPS: CN¥0.98 (vs CN¥0.84 in FY 2022)

Shenzhen Expressway Corporation Limited Announces Management Changes

Shenzhen Expressway Corporation Limited to Report Fiscal Year 2023 Results on Mar 23, 2024

Shenzhen Expressway Corporation Limited Announces Resignation of Bai Hua as Independent Non-Executive Director

Third quarter 2023 earnings released: EPS: CN¥0.26 (vs CN¥0.54 in 3Q 2022)

Shenzhen Expressway Corporation Limited to Report Q3, 2023 Results on Oct 28, 2023

Second quarter 2023 earnings released: EPS: CN¥0.20 (vs CN¥0.18 in 2Q 2022)

Shenzhen Expressway Corporation Limited announced that it expects to receive CNY 6.5 billion in funding from Xin Tong Chan Development (Shenzhen) Co., Ltd.

Shenzhen Expressway Corporation Limited to Report First Half, 2023 Results on Aug 26, 2023

Now 21% undervalued after recent price drop

Now 20% undervalued after recent price drop

Shenzhen Expressway Corporation Limited Approves Final Dividend, Payable on 14 July 2023

Upcoming dividend of CN¥0.46 per share at 7.0% yield

Full year 2022 earnings released: EPS: CN¥0.84 (vs CN¥1.11 in FY 2021)

Shenzhen Expressway Corporation Limited Announces Board Changes

Less than half of directors are independent

Third quarter 2022 earnings released

Shenzhen Expressway Corporation Limited to Report Nine Months, 2022 Results on Oct 28, 2022

Second quarter 2022 earnings released: EPS: CN¥0.18 (vs CN¥0.29 in 2Q 2021)

Shenzhen Expressway Corporation Limited to Report First Half, 2022 Results on Aug 26, 2022

Shenzhen Expressway Corporation Limited Approves Final Dividend for the Year Ended 31 December 2021, Payable on or Before 30 August 2022

Upcoming dividend of CN¥0.62 per share

Shenzhen Expressway Corporation Limited, Annual General Meeting, Jun 30, 2022

First quarter 2022 earnings released: EPS: CN¥0.17 (vs CN¥0.23 in 1Q 2021)

Less than half of directors are independent

Shenzhen Expressway Corporation Limited to Report Q1, 2022 Results on Apr 28, 2022

Now 20% undervalued

Full year 2021 earnings released: EPS: CN¥1.11 (vs CN¥0.94 in FY 2020)

Shenzhen Expressway Corporation Limited Proposes Final Dividend for the Year Ended 31 December 2021

Less than half of directors are independent

Third quarter 2021 earnings released

Upcoming dividend of CN¥0.43 per share

First quarter 2021 earnings released: EPS CN¥0.23 (vs CN¥0.061 loss in 1Q 2020)

Shenzhen Expressway Company Limited Provides Earnings Guidance for the First Quarter Ended 31 March 2021

Executive Chairman recently bought HK$1.5m worth of stock

Investor sentiment improved over the past week

Full year 2020 earnings released: EPS CN¥0.94 (vs CN¥1.15 in FY 2019)

Shenzhen Expressway Company Limited Announces Resignation of Chen Zhi Sheng as Non-Executive Director

Non-Executive Director has left the company

New 90-day high: HK$7.67

Shenzhen Expressway Company Limited to Report Fiscal Year 2020 Results on Mar 25, 2021

Shenzhen Expressway Company Limited Announces Executive Changes

Shenzhen Expressway Company Limited Wins the Bid of the Guangming Environmental Park PPP Project

Shenzhen Expressway Company Limited Announces Board Changes

Shenzhen Expressway Company Limited Announces Board Changes

Shenzhen Expressway Company Limited Announces Board Appointments

New 90-day high: HK$7.84

Shenzhen Expressway Company Limited (SEHK:548) signed a share transfer agreement to acquire 89.9% stake in Shenzhen Longda Expressway Co., Ltd. from Shenzhen Bao Tong Highway Construction and Development Limited.

Third quarter earnings released

Shenzhen Expressway Company Limited to Report Q3, 2020 Results on Oct 29, 2020

Shenzhen Expressway Company Limited Appoints Chen Zhi Sheng as Non-Executive Director

New 90-day low: HK$6.84

Shenzhen Expressway Company Limited (SEHK:548) and Jiangsu Jinzhi Group Co., Ltd. completed the acquisition of Baotou Nanfeng Wind Power Technology Co., Ltd. form Nanjing Ningfeng Energy Technology Company Limited.

New 90-day low - HK$7.13

First half earnings released

Earnings released

Shenzhen Expressway Company Limited to Report First Half, 2020 Results on Aug 22, 2020

CEO Compensation Analysis

CEO

Tenure