COSCO SHIPPING Ports Management

Management criteria checks 3/4

COSCO SHIPPING Ports' CEO is Tao Zhu, appointed in Jun 2022, has a tenure of 1.92 years. total yearly compensation is $325.00K, comprised of 31.4% salary and 68.6% bonuses, including company stock and options. directly owns 0% of the company’s shares, worth HK$41.94K. The average tenure of the management team and the board of directors is 2 years and 7.6 years respectively.

Key information

Tao Zhu

Chief executive officer

US$325.0k

Total compensation

CEO salary percentage	31.4%
CEO tenure	1.9yrs
CEO ownership	0.0002%
Management average tenure	2yrs
Board average tenure	7.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Tao Zhu's remuneration changed compared to COSCO SHIPPING Ports's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$325m
Dec 31 2023	US$325k	US$102k	US$325m
Sep 30 2023	n/a	n/a	US$274m
Jun 30 2023	n/a	n/a	US$278m
Mar 31 2023	n/a	n/a	US$292m
Dec 31 2022	US$340k	US$167k	US$307m

Compensation vs Market: Tao's total compensation ($USD325.00K) is below average for companies of similar size in the Hong Kong market ($USD479.28K).

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

CEO

Tao Zhu (49 yo)

1.9yrs

Tenure

US$325,000

Compensation

Mr. Tao Zhu serves as Managing Director and Executive Director at COSCO SHIPPING Ports Limited since June 28, 2022. He served as Deputy Managing Director at COSCO SHIPPING Lines Co., Ltd. until 2022.He st...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Zhijian Yang	Executive Chairman	2yrs	no data	no data
Tao Zhu	MD & Executive Director	1.9yrs	US$325.00k	0.00022% $ 40.7k
Tin Yau Wong	Deputy MD & Executive Director	27.8yrs	US$494.00k	0.029% $ 5.4m
Fengnian Zhao	Chief Accountant	1.9yrs	no data	no data
Ricky Ng	GM & Head of Investor Relations	no data	no data	no data
Man Hung	General Counsel & Company Secretary	27.5yrs	no data	no data
William Chiu	Manager	no data	no data	no data
Yipeng Chen	Deputy General Manager	1.9yrs	no data	no data
Kim Shan Siu	Qualified Accountant	no data	no data	no data

2.0yrs

Average Tenure

53yo

Average Age

Experienced Management: 1199's management team is not considered experienced ( 2 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Zhijian Yang	Executive Chairman	2yrs	no data	no data
Tao Zhu	MD & Executive Director	1.9yrs	US$325.00k	0.00022% $ 40.7k
Tin Yau Wong	Deputy MD & Executive Director	27.8yrs	US$494.00k	0.029% $ 5.4m
Man-Kiu Li	Independent Non-Executive Director	12yrs	US$59.00k	no data
Hsu Lai Tai Fan	Independent Non Executive Director	15.3yrs	US$52.00k	no data
Yiu Kin Lam	Independent Non-Executive Director	8.8yrs	US$42.00k	no data
Liang-Yee Yang	Independent Non-executive Director	4.1yrs	US$41.00k	no data
Dong Chen	Non-Executive Director	7.6yrs	no data	no data
Wei Zhang	Non-Executive Director	7.6yrs	no data	no data
Ka Lok Chan	Independent Non-Executive Director	7.6yrs	US$50.00k	no data

7.6yrs

Average Tenure

59.5yo

Average Age

Experienced Board: 1199's board of directors are considered experienced (7.6 years average tenure).

COSCO SHIPPING Ports Management

Management criteria checks 3/4

Key information

Recent management updates

COSCO SHIPPING Ports Limited, Annual General Meeting, May 21, 2024

COSCO Shipping Ports Limited Announces Chief Executive Officer Changes

COSCO SHIPPING Ports Limited Appoints YANG Zhijian as Executive Director and Chairman of the Board

COSCO SHIPPING Ports Limited Announces Deng Huangjun Resigns from Executive Director, Deputy Managing Director and Cessation of Membership of Board Committees

MD & Executive Director recently sold HK$885k worth of stock

Recent updates

First quarter 2024 earnings released: EPS: US$0.018 (vs US$0.018 in 1Q 2023)

Now 22% undervalued after recent price drop

COSCO SHIPPING Ports Limited to Report Q1, 2024 Results on Apr 26, 2024

COSCO SHIPPING Ports Limited, Annual General Meeting, May 21, 2024

Full year 2023 earnings released: EPS: US$0.093 (vs US$0.091 in FY 2022)

COSCO SHIPPING Ports Limited Announces Second Interim Dividend for the Year Ended 31 December 2023, Payable on June 19, 2024

COSCO SHIPPING Ports Limited to Report Fiscal Year 2023 Results on Mar 28, 2024

New minor risk - Shareholder dilution

Third quarter 2023 earnings released: EPS: US$0.024 (vs US$0.025 in 3Q 2022)

COSCO SHIPPING Ports Limited Declares the Payment of the First Interim Dividend in the Company for the Year Ending 31 December 2023

COSCO SHIPPING Ports Limited to Report Q3, 2023 Results on Oct 26, 2023

Upcoming dividend of HK$0.14 per share at 5.8% yield

Second quarter 2023 earnings released: EPS: US$0.025 (vs US$0.031 in 2Q 2022)

COSCO SHIPPING Ports Limited Declares First Interim Dividend for the Year Ending 31 December 2023, Payable on 23 November 2023

COSCO SHIPPING Ports Limited to Report First Half, 2023 Results on Aug 29, 2023

New minor risk - Shareholder dilution

COSCO SHIPPING Ports Limited (SEHK:1199) completed the acquisition of a 24.9% stake in HHLA Container Terminal Tollerort GmbH from Hamburger Hafen und Logistik Aktiengesellschaft (XTRA:HHFA).

Upcoming dividend of HK$0.12 per share at 6.0% yield

Full year 2022 earnings released: EPS: US$0.091 (vs US$0.11 in FY 2021)

Investor sentiment improved over the past week

Third quarter 2022 earnings released: EPS: US$0.025 (vs US$0.026 in 3Q 2021)

COSCO SHIPPING Ports Limited Declares First Interim Dividend for the Year Ending 31 December 2022, Payable on 17 November 2022

COSCO SHIPPING Ports Limited to Report Q3, 2022 Results on Oct 28, 2022

Upcoming dividend of HK$0.17 per share

Second quarter 2022 earnings released: EPS: US$0.031 (vs US$0.031 in 2Q 2021)

COSCO SHIPPING Ports Limited Declares First Interim Dividend for the period ended June 30, 2022, Payable on 17 November 2022

COSCO SHIPPING Ports Limited to Report First Half, 2022 Results on Aug 30, 2022

COSCO Shipping Ports Limited Announces Chief Executive Officer Changes

COSCO SHIPPING Ports Limited Appoints YANG Zhijian as Executive Director and Chairman of the Board

COSCO SHIPPING Ports Limited Announces Semi Annual Ordinary Dividend for the Year Ended December 31, 2021, Payable on May 31, 2022

First quarter 2022 earnings released: EPS: US$0.023 (vs US$0.022 in 1Q 2021)

COSCO SHIPPING Ports Limited to Report Q1, 2022 Results on Apr 29, 2022

Upcoming dividend of HK$0.17 per share

COSCO SHIPPING Ports Limited Announces Deng Huangjun Resigns from Executive Director, Deputy Managing Director and Cessation of Membership of Board Committees

Full year 2021 earnings released: EPS: US$0.11 (vs US$0.11 in FY 2020)

COSCO SHIPPING Ports Limited Declares Second Interim Dividend for the Year Ended 31 December 2021, Payable on 31 May 2022

Third quarter 2021 earnings released: EPS US$0.026 (vs US$0.027 in 3Q 2020)

Upcoming dividend of HK$0.16 per share

Second quarter 2021 earnings released: EPS US$0.031 (vs US$0.023 in 2Q 2020)

MD & Executive Director recently sold HK$885k worth of stock

Tianjin Port Co., Ltd. (SHSE:600717) signed an agreement to acquire an additional 30% stake in Tianjin Port Euroasia International Container Terminal Co., Ltd. from COSCO SHIPPING Ports Limited (SEHK:1199) for approximately CNY 270 million.

Tianjin Port Co., Ltd. (SHSE:600717) entered into agreement to acquire COSCO SHIPPING Ports Euroasia from COSCO SHIPPING Ports Limited (SEHK:1199) for approximately CNY 270 million.

Full year 2020 earnings released: EPS US$0.11 (vs US$0.098 in FY 2019)

Upcoming dividend of HK$0.17 per share

Full year 2020 earnings released: EPS US$0.11 (vs US$0.098 in FY 2019)

COSCO SHIPPING Ports Limited to Report Fiscal Year 2020 Results on Mar 30, 2021

New 90-day high: HK$6.38

New 90-day high: HK$5.79

New 90-day high: HK$5.53

Market bids up stock over the past week

Third quarter earnings released

COSCO SHIPPING Ports Limited to Report Nine Months, 2020 Results on Oct 27, 2020

New 90-day high: HK$4.90

Shanghai International Port Group (HK) Co., Limited completed the acquisition of Cosco Ports (Nanjing) Co., Ltd. from COSCO SHIPPING Ports Limited (SEHK:1199).

First half earnings released

First half earnings released

New 90-day high - HK$4.45

COSCO SHIPPING Ports Limited to Report First Half, 2020 Results on Aug 27, 2020

Shanghai International Port Group (HK) Co., completed the acquisition 51% stake in Zhangjiagang Win Hanverky Container Terminal Co., Ltd. from COSCO SHIPPING Ports Limited (SEHK:1199).

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age