China Merchants Port Holdings Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Song Xu

Chief executive officer

HK$2.4m

Total compensation

CEO salary percentage	18.4%
CEO tenure	less than a year
CEO ownership	n/a
Management average tenure	1.3yrs
Board average tenure	1.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Song Xu's remuneration changed compared to China Merchants Port Holdings's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	HK$6b
Sep 30 2023	n/a	n/a	HK$6b
Jun 30 2023	n/a	n/a	HK$6b
Mar 31 2023	n/a	n/a	HK$8b
Dec 31 2022	HK$2m	HK$440k	HK$8b

Compensation vs Market: Song's total compensation ($USD305.09K) is below average for companies of similar size in the Hong Kong market ($USD924.09K).

Compensation vs Earnings: Insufficient data to compare Song's compensation with company performance.

CEO

Song Xu (51 yo)

less than a year

Tenure

HK$2,388,200

Compensation

Dr. Song Xu is Vice Chairman and Chief Executive Officer of China Merchants Port Holdings Company Limited since July 24, 2023. He serves as Executive Director of China Merchants Port Holdings Company Limit...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Song Xu	Vice Chairman & CEO	less than a year	HK$2.39m	no data
Xiaoping Tu	CFO & Executive Director	2.4yrs	HK$2.45m	no data
Yongxin Lu	MD & Executive Director	1.3yrs	HK$3.92m	0.00033% HK$ 143.5k
Man Kuen Luk	Deputy Chief Legal Counsel and GM of Board of Directors & Legal Department	no data	no data	no data
Carol Cheng	General Manager of Corporate Communications Department	no data	no data	no data
Chong Shun Leung	Company Secretary	no data	no data	no data

1.3yrs

Average Tenure

54yo

Average Age

Experienced Management: 144's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Song Xu	Vice Chairman & CEO	1.8yrs	HK$2.39m	no data
Xiaoping Tu	CFO & Executive Director	1.3yrs	HK$2.45m	no data
Yongxin Lu	MD & Executive Director	1.3yrs	HK$3.92m	0.00033% HK$ 143.5k
Ka Fai Li	Independent Non-Executive Director	16.8yrs	HK$300.00k	no data
Pui Wah Wong	Independent Non-Executive Director	1.6yrs	HK$100.00k	no data
Boming Feng	Chairman of the Board	less than a year	no data	no data
Kong Yim	Non-Executive Vice Chairman of the Board	2.4yrs	HK$2.52m	0.00017% HK$ 73.9k
Chi Wing Wong	Independent Non-executive Director	less than a year	no data	no data
Hiu Fung Chan	Independent Non-Executive Director	1.3yrs	HK$20.00k	no data
Guolin Yang	Non-Executive Director	1.8yrs	HK$2.15m	0.0051% HK$ 2.2m
Yuen Sau Chan	Independent Non-Executive Director	1.1yrs	no data	no data

1.3yrs

Average Tenure

53yo

Average Age

Experienced Board: 144's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.

China Merchants Port Holdings Management

Management criteria checks 1/4

Key information

Recent management updates

China Merchants Port Holdings Company Limited, Annual General Meeting, May 27, 2024

China Merchants Port Holdings Company Limited Announces Change of CEO

China Merchants Port Holdings Company Limited Announces Executive Changes

China Merchants Port Holdings Company Limited Announces Board and Committee Changes

Less than half of directors are independent

China Merchants Port Holdings Company Limited Announces Board Changes

Recent updates

Full year 2023 earnings released: EPS: HK$1.53 (vs HK$2.02 in FY 2022)

China Merchants Port Holdings Company Limited, Annual General Meeting, May 27, 2024

Full year 2023 earnings released: EPS: HK$1.53 (vs HK$2.02 in FY 2022)

China Merchants Port Holdings Company Limited Proposes Final Ordinary Dividend for the Year Ended 31 December 2023, Payable on 05 July 2024

China Merchants Port Holdings Company Limited to Report Fiscal Year 2023 Results on Mar 28, 2024

China Merchants Port Holdings Company Limited (SEHK:144) agreed to acquire an 85% stake in PT Nusantara Pelabuhan Handal Tbk (IDX:PORT) from Pt Episenta Utama Investasi for HKD 480 million

China Merchants Port Holdings Company Limited Announces Interim Dividend for the Six Months Ended 30 June 2023

Upcoming dividend of HK$0.22 per share at 8.2% yield

China Merchants Port Holdings Company Limited Announces Interim Dividend for the Six Months Ended June 30, 2023, Payable on November 22, 2023

Second quarter 2023 earnings released: EPS: HK$0.45 (vs HK$0.70 in 2Q 2022)

China Merchants Port Holdings Company Limited to Report First Half, 2023 Results on Aug 30, 2023

China Merchants Port Holdings Company Limited Announces Change of CEO

China Merchants Port Holdings Company Limited Approves Final Dividend for the Year Ended 31 December 2022, Payable on 21 July 2023

Upcoming dividend of HK$0.60 per share at 7.0% yield

Now 22% undervalued

China Merchants Port Holdings Company Limited Announces Executive Changes

Full year 2022 earnings released: EPS: HK$2.02 (vs HK$2.20 in FY 2021)

China Merchants Port Holdings Company Limited Announces Board and Committee Changes

Less than half of directors are independent

Upcoming dividend of HK$0.22 per share

China Merchants Port Holdings Company Limited Announces Board Changes

China Merchants Port Holdings Company Limited Announces Interim (Semi-Annual) Ordinary Dividend, Payment Date 21 November 2022

First half 2022 earnings released: EPS: HK$1.28 (vs HK$1.29 in 1H 2021)

China Merchants Port Holdings Company Limited to Report First Half, 2022 Results on Aug 30, 2022

China Merchants Port Holdings Company Limited Announces Executive Changes

China Merchants Port Holdings Company Limited Announces Final Dividend for the Year Ended 31 December 2021

Upcoming dividend of HK$0.72 per share

Full year 2021 earnings released: EPS: HK$2.20 (vs HK$1.46 in FY 2020)

Less than half of directors are independent

China Merchants Port Holdings Company Limited (SEHK:144) acquired a 28.06% stake in Shanghai International Port (Group) Co., Ltd. for CNY 1.9 billion.

Full year 2021 earnings released: EPS: HK$2.26 (vs HK$1.48 in FY 2020)

China Merchants Port Holdings Company Limited Declares Final Ordinary Dividend for the Year Ended 31 December 2021, Payable on 22 July 2022

Investor sentiment improved over the past week

Upcoming dividend of HK$0.22 per share

First half 2021 earnings released: EPS HK$1.29 (vs HK$0.45 in 1H 2020)

Executive Director Lefu Ge has left the company

Deputy GM & Executive Director Shaoping Zheng has left the company

China Merchants Port Holdings Company Limited Provides Group Earnings Guidance for the Six Months Ended June 30, 2021

China Merchants Port Holdings Company Limited Approves Final Dividend Plan for the Year Ended 31 December 2020

Upcoming dividend of HK$0.51 per share

Full year 2020 earnings released: EPS HK$1.48 (vs HK$2.48 in FY 2019)

China Merchants Port Holdings Company Limited Declares Final Dividend for the Year Ended December 31, 2020

Full year 2020 earnings released: EPS HK$1.46 (vs HK$2.48 in FY 2019)

Executive Director has left the company

CMA CGM Reportedly Cancels Plans to Sell Stake in ACMTPL to China Merchants Port Holdings

New 90-day high: HK$11.80

New 90-day high: HK$10.68

China Merchants Port Holdings Company Limited Announces 2021 Ship Berthing Services Agreement, 2021 CMPG Services Framework Agreement, and 2021 CMPG IT Services Framework Agreement

Market bids up stock over the past week

New 90-day high: HK$9.62

Market bids up stock over the past week

First half earnings released

New 90-day low - HK$8.71

First half earnings released

China Merchants Port Holdings Company Limited to Report First Half, 2020 Results on Aug 28, 2020

Fujian Provincial Communication Transportation Group Co., Ltd completed the acquisition of 23.5% stake in Gainpro Resources Limited from China Merchants Port Holdings Company Limited (SEHK:144).

New 90-day low - HK$8.86

Fujian Provincial Communication Transportation Group Co.,Ltd agreed to acquire 23.5% stake in Gainpro Resources Limited from China Merchants Port Holdings Company Limited (SEHK:144) for $268 million (HKD 2.07 billion).

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age