Stock Analysis

Shareholders May Not Be So Generous With Azeus Systems Holdings Ltd.'s (SGX:BBW) CEO Compensation And Here's Why

SGX:BBW
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Key Insights

  • Azeus Systems Holdings will host its Annual General Meeting on 30th of July
  • Salary of HK$2.15m is part of CEO Michael Yap's total remuneration
  • The overall pay is 161% above the industry average
  • Azeus Systems Holdings' total shareholder return over the past three years was 194% while its EPS grew by 51% over the past three years

CEO Michael Yap has done a decent job of delivering relatively good performance at Azeus Systems Holdings Ltd. (SGX:BBW) recently. As shareholders go into the upcoming AGM on 30th of July, CEO compensation will probably not be their focus, but rather the steps management will take to continue the growth momentum. However, some shareholders will still be cautious of paying the CEO excessively.

Check out our latest analysis for Azeus Systems Holdings

How Does Total Compensation For Michael Yap Compare With Other Companies In The Industry?

At the time of writing, our data shows that Azeus Systems Holdings Ltd. has a market capitalization of S$495m, and reported total annual CEO compensation of HK$3.0m for the year to March 2025. That's a modest increase of 5.8% on the prior year. Notably, the salary which is HK$2.15m, represents most of the total compensation being paid.

On comparing similar companies from the Singapore IT industry with market caps ranging from S$256m to S$1.0b, we found that the median CEO total compensation was HK$1.1m. Accordingly, our analysis reveals that Azeus Systems Holdings Ltd. pays Michael Yap north of the industry median.

Component20252024Proportion (2025)
SalaryHK$2.2mHK$2.0m72%
OtherHK$837kHK$873k28%
Total CompensationHK$3.0m HK$2.8m100%

On an industry level, around 76% of total compensation represents salary and 24% is other remuneration. There isn't a significant difference between Azeus Systems Holdings and the broader market, in terms of salary allocation in the overall compensation package. If salary is the major component in total compensation, it suggests that the CEO receives a higher fixed proportion of the total compensation, regardless of performance.

ceo-compensation
SGX:BBW CEO Compensation July 23rd 2025

A Look at Azeus Systems Holdings Ltd.'s Growth Numbers

Over the past three years, Azeus Systems Holdings Ltd. has seen its earnings per share (EPS) grow by 51% per year. Its revenue is up 44% over the last year.

This demonstrates that the company has been improving recently and is good news for the shareholders. It's great to see that revenue growth is strong, too. These metrics suggest the business is growing strongly. While we don't have analyst forecasts for the company, shareholders might want to examine this detailed historical graph of earnings, revenue and cash flow.

Has Azeus Systems Holdings Ltd. Been A Good Investment?

Most shareholders would probably be pleased with Azeus Systems Holdings Ltd. for providing a total return of 194% over three years. This strong performance might mean some shareholders don't mind if the CEO were to be paid more than is normal for a company of its size.

To Conclude...

Given that the company's overall performance has been reasonable, the CEO remuneration policy might not be shareholders' central point of focus in the upcoming AGM. Still, not all shareholders might be in favor of a pay raise to the CEO, seeing that they are already being paid higher than the industry.

While CEO pay is an important factor to be aware of, there are other areas that investors should be mindful of as well. That's why we did some digging and identified 1 warning sign for Azeus Systems Holdings that you should be aware of before investing.

Arguably, business quality is much more important than CEO compensation levels. So check out this free list of interesting companies that have HIGH return on equity and low debt.

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Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

About SGX:BBW

Azeus Systems Holdings

An investment holding company, provides IT products and services in Hong Kong, Asia, the United Kingdom, Europe, Australia, New Zealand, North America, South America, the Middle East, and Africa.

Outstanding track record with flawless balance sheet.

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