Southern Packaging Group Limited

SGX:BQP Stock Report

Market Cap: S$22.9m

Southern Packaging Group Management

Management criteria checks 2/4

Southern Packaging Group's CEO is Shun Ming Pan, appointed in Aug 2025, has a tenure of less than a year. total yearly compensation is CN¥2.86M, comprised of 98.6% salary and 1.4% bonuses, including company stock and options. directly owns 38.94% of the company’s shares, worth SGD8.90M. The average tenure of the management team and the board of directors is 7.8 years and 2.2 years respectively.

Key information

Shun Ming Pan

Chief executive officer

CN¥2.9m

Total compensation

CEO salary percentage98.60%
CEO tenureless than a year
CEO ownership38.9%
Management average tenure7.8yrs
Board average tenure2.2yrs

Recent management updates

Recent updates

Southern Packaging Group Limited (SGX:BQP) Looks Inexpensive After Falling 32% But Perhaps Not Attractive Enough

Aug 26
Southern Packaging Group Limited (SGX:BQP) Looks Inexpensive After Falling 32% But Perhaps Not Attractive Enough

Southern Packaging Group Limited (SGX:BQP) May Have Run Too Fast Too Soon With Recent 26% Price Plummet

May 28
Southern Packaging Group Limited (SGX:BQP) May Have Run Too Fast Too Soon With Recent 26% Price Plummet

The Returns On Capital At Southern Packaging Group (SGX:BQP) Don't Inspire Confidence

Apr 02
The Returns On Capital At Southern Packaging Group (SGX:BQP) Don't Inspire Confidence

The Market Doesn't Like What It Sees From Southern Packaging Group Limited's (SGX:BQP) Revenues Yet

Jan 22
The Market Doesn't Like What It Sees From Southern Packaging Group Limited's (SGX:BQP) Revenues Yet

Returns On Capital Signal Difficult Times Ahead For Southern Packaging Group (SGX:BQP)

Dec 18
Returns On Capital Signal Difficult Times Ahead For Southern Packaging Group (SGX:BQP)

Southern Packaging Group (SGX:BQP) Has A Somewhat Strained Balance Sheet

Oct 15
Southern Packaging Group (SGX:BQP) Has A Somewhat Strained Balance Sheet

Revenues Not Telling The Story For Southern Packaging Group Limited (SGX:BQP) After Shares Rise 27%

Jun 13
Revenues Not Telling The Story For Southern Packaging Group Limited (SGX:BQP) After Shares Rise 27%

Is Southern Packaging Group (SGX:BQP) Using Debt In A Risky Way?

May 14
Is Southern Packaging Group (SGX:BQP) Using Debt In A Risky Way?

Revenues Not Telling The Story For Southern Packaging Group Limited (SGX:BQP) After Shares Rise 87%

Mar 21
Revenues Not Telling The Story For Southern Packaging Group Limited (SGX:BQP) After Shares Rise 87%

Is Southern Packaging Group (SGX:BQP) A Risky Investment?

Aug 16
Is Southern Packaging Group (SGX:BQP) A Risky Investment?

Is Southern Packaging Group (SGX:BQP) Using Debt Sensibly?

Apr 24
Is Southern Packaging Group (SGX:BQP) Using Debt Sensibly?

Estimating The Intrinsic Value Of Southern Packaging Group Limited (SGX:BQP)

Jan 10
Estimating The Intrinsic Value Of Southern Packaging Group Limited (SGX:BQP)

These Return Metrics Don't Make Southern Packaging Group (SGX:BQP) Look Too Strong

Nov 28
These Return Metrics Don't Make Southern Packaging Group (SGX:BQP) Look Too Strong

Southern Packaging Group (SGX:BQP) Seems To Be Using A Lot Of Debt

Oct 06
Southern Packaging Group (SGX:BQP) Seems To Be Using A Lot Of Debt

These Return Metrics Don't Make Southern Packaging Group (SGX:BQP) Look Too Strong

Aug 11
These Return Metrics Don't Make Southern Packaging Group (SGX:BQP) Look Too Strong

Southern Packaging Group (SGX:BQP) Has No Shortage Of Debt

Oct 26
Southern Packaging Group (SGX:BQP) Has No Shortage Of Debt

Southern Packaging Group's (SGX:BQP) Returns On Capital Not Reflecting Well On The Business

Sep 21
Southern Packaging Group's (SGX:BQP) Returns On Capital Not Reflecting Well On The Business

Returns On Capital Signal Difficult Times Ahead For Southern Packaging Group (SGX:BQP)

Jun 10
Returns On Capital Signal Difficult Times Ahead For Southern Packaging Group (SGX:BQP)

Southern Packaging Group (SGX:BQP) Has No Shortage Of Debt

Apr 16
Southern Packaging Group (SGX:BQP) Has No Shortage Of Debt

Is Southern Packaging Group (SGX:BQP) Shrinking?

Mar 12
Is Southern Packaging Group (SGX:BQP) Shrinking?

Is Southern Packaging Group (SGX:BQP) A Risky Investment?

Dec 07
Is Southern Packaging Group (SGX:BQP) A Risky Investment?

CEO Compensation Analysis

How has Shun Ming Pan's remuneration changed compared to Southern Packaging Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2025n/an/a

-CN¥42m

Mar 31 2025n/an/a

-CN¥31m

Dec 31 2024CN¥3mCN¥3m

-CN¥19m

Compensation vs Market: Shun Ming's total compensation ($USD402.24K) is about average for companies of similar size in the SG market ($USD370.36K).

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


CEO

Shun Ming Pan (68 yo)

less than a year
Tenure
CN¥2,863,761
Compensation

Mr. Shun Ming Pan serves as Chairman of Southern Packaging Group Ltd. and is a Co Founder. Mr. Pan served as Chief Executive Officer of Southern Packaging Group Ltd.until January 13, 2025. He serves as Di...


Leadership Team

NamePositionTenureCompensationOwnership
Shun Ming Pan
Co-Founderless than a yearCN¥2.86m38.94%
SGD 8.9m
Xiang Zhi Chen
Executive Vice Chairman of the Board15.8yrsCN¥996.31kno data
Shuying Mai
Co-Founder & Chief Financial Officer45.8yrsno data25.49%
SGD 5.8m
Yonghua Li
Chief Operating Officer14.6yrsno datano data
Jian Ling Zhang
Chief Investment Officer11.3yrsno data0.22%
SGD 51.0k
Zhaojin Pan
Deputy Chief Executive Officerless than a yearno data1.16%
SGD 265.2k
Wei Fung Kong
Joint Company Secretary7.8yrsno datano data
Hui Yee Cheok
Joint Company Secretary7.8yrsno datano data
Jia Li
Group Financial Controllerless than a yearno datano data
7.8yrs
Average Tenure
60.5yo
Average Age

Experienced Management: BQP's management team is seasoned and experienced (7.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Shun Ming Pan
Co-Founder21.8yrsCN¥2.86m38.94%
SGD 8.9m
Xiang Zhi Chen
Executive Vice Chairman of the Board15.8yrsCN¥996.31kno data
Kam Loon Chan
Lead Independent Director2.2yrsCN¥224.47kno data
Geng Wu
Independent Director1.8yrsCN¥213.78kno data
Chian Sin Low
Independent Non-Executive Directorless than a yearCN¥35.63kno data
2.2yrs
Average Tenure
62yo
Average Age

Experienced Board: BQP's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/04 01:12
End of Day Share Price 2025/09/10 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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 Github.

Analyst Sources

Southern Packaging Group Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Khai Chian LeeTayrona Financial