Well Chip Group Berhad Management
Management criteria checks 2/4
Well Chip Group Berhad's CEO is Hooi Ng, appointed in Sep 2022, has a tenure of 2.25 years. total yearly compensation is MYR333.40K, comprised of 68.7% salary and 31.3% bonuses, including company stock and options. directly owns 1.08% of the company’s shares, worth MYR7.55M. The average tenure of the management team and the board of directors is 2.3 years and 1.5 years respectively.
Key information
Hooi Ng
Chief executive officer
RM 333.4k
Total compensation
| CEO salary percentage | 68.7% |
| CEO tenure | 2.3yrs |
| CEO ownership | 1.1% |
| Management average tenure | 2.3yrs |
| Board average tenure | 1.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | RM 45m |
| Jun 30 2024 | n/a | n/a | RM 45m |
| Mar 31 2024 | n/a | n/a | RM 39m |
| Dec 31 2023 | RM 333k | RM 229k | RM 35m |
| Sep 30 2023 | n/a | n/a | RM 31m |
| Jun 30 2023 | n/a | n/a | RM 26m |
| Mar 31 2023 | n/a | n/a | RM 26m |
| Dec 31 2022 | RM 252k | n/a | RM 25m |
Compensation vs Market: Hooi's total compensation ($USD73.97K) is below average for companies of similar size in the MY market ($USD125.24K).
Compensation vs Earnings: Hooi's compensation has increased by more than 20% in the past year.
CEO
Hooi Ng (58 yo)
2.3yrs
Tenure
RM 333,400
Compensation
Ms. Hooi Lang Ng is Executive Director of Well Chip Group Berhad from April 12, 2023 and has been its Chief Executive Officer since September 01, 2022. She obtained her Lower Secondary Assessment or “Sijil...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 2.3yrs | RM 333.40k | 1.08% MYR 7.7m | |
| Executive Director and Director of Retail & Merchandising | 1.5yrs | RM 307.30k | 1.74% MYR 12.3m | |
| Chief Financial Officer | 2.3yrs | no data | no data | |
| Company Secretary | no data | no data | no data | |
| Company Secretary | no data | no data | no data |
2.3yrs
Average Tenure
44yo
Average Age
Experienced Management: WELLCHIP's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 1.7yrs | RM 333.40k | 1.08% MYR 7.7m | |
| Executive Director and Director of Retail & Merchandising | 1.5yrs | RM 307.30k | 1.74% MYR 12.3m | |
| Independent Non-Executive Chairman | 1.5yrs | RM 60.80k | no data | |
| Non-Independent Non-Executive Director | 1.5yrs | RM 39.60k | no data | |
| Non-Independent Non-Executive Director | 1.5yrs | no data | no data | |
| Independent Non-Executive Director | 1.3yrs | RM 27.80k | no data | |
| Independent Non-Executive Director | 1.5yrs | RM 48.60k | no data | |
| Independent Non-Executive Director | 1.5yrs | RM 43.50k | no data |
1.5yrs
Average Tenure
58yo
Average Age
Experienced Board: WELLCHIP's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 17:14 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Well Chip Group Berhad is covered by 3 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Siao Lee | Public Investment Bank Berhad |
| Nabil Thoo | RHB Investment Bank |
| Li Hsia Wong | TA Securities Holdings Berhad |