First Steamship Co., Ltd.

TWSE:2601 Stock Report

Market Cap: NT$4.8b

First Steamship Management

Management criteria checks 4/4

First Steamship's CEO is Jen-Hao Kuo, appointed in Dec 2017, has a tenure of 8.5 years. total yearly compensation is NT$5.20M, comprised of 50.9% salary and 49.1% bonuses, including company stock and options. directly owns 0.13% of the company’s shares, worth NT$6.14M. The average tenure of the management team and the board of directors is 6.8 years and 6 years respectively.

Key information

Jen-Hao Kuo

Chief executive officer

NT$5.2m

Total compensation

CEO salary percentage50.87%
CEO tenure8.5yrs
CEO ownership0.1%
Management average tenure6.8yrs
Board average tenure6yrs

Recent management updates

Recent updates

Analysis Article • Sep 30

Revenues Working Against First Steamship Co., Ltd.'s (TWSE:2601) Share Price

First Steamship Co., Ltd.'s ( TWSE:2601 ) price-to-sales (or "P/S") ratio of 1.3x may look like a pretty appealing...
Analysis Article • Apr 11

These 4 Measures Indicate That First Steamship (TPE:2601) Is Using Debt In A Risky Way

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article • Mar 07

Here's What's Concerning About First Steamship (TPE:2601)

When it comes to investing, there are some useful financial metrics that can warn us when a business is potentially in...
Analysis Article • Jan 31

Introducing First Steamship (TPE:2601), A Stock That Climbed 17% In The Last Three Years

First Steamship Co., Ltd. ( TPE:2601 ) shareholders might be concerned after seeing the share price drop 22% in the...
Analysis Article • Dec 27

Does First Steamship (TPE:2601) Have A Healthy Balance Sheet?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article • Nov 22

Is First Steamship (TPE:2601) Headed For Trouble?

When we're researching a company, it's sometimes hard to find the warning signs, but there are some financial metrics...

CEO Compensation Analysis

How has Jen-Hao Kuo's remuneration changed compared to First Steamship's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

NT$359m

Dec 31 2025n/an/a

NT$420m

Sep 30 2025n/an/a

-NT$445m

Jun 30 2025n/an/a

-NT$432m

Mar 31 2025n/an/a

-NT$362m

Dec 31 2024NT$5mNT$3m

NT$192m

Sep 30 2024n/an/a

-NT$1b

Jun 30 2024n/an/a

-NT$2b

Mar 31 2024n/an/a

-NT$2b

Dec 31 2023NT$5mNT$3m

-NT$2b

Compensation vs Market: Jen-Hao's total compensation ($USD164.39K) is about average for companies of similar size in the TW market ($USD141.13K).

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

CEO

Jen-Hao Kuo (49 yo)

8.5yrs
Tenure
NT$5,203,000
Compensation

Mr. Jen-Hao Kuo is Director of Yung Fu Co. Ltd from August 15, 2024. Mr. Kuo has been a Non-Executive Director of Da Yu Financial Holdings Limited since December 23, 2019 and serves as Non-Executive Chairm...

Leadership Team

NamePositionTenureCompensationOwnership
Jen-Hao Kuo
Chairman & GM8.5yrsNT$5.20m0.13%
NT$ 6.1m
Wai Tak Yau
Chief Financial Officer4.5yrsNT$3.43mno data
Ruei-Da Lin
Deputy General Manager of General Administration Divisionno dataNT$2.52mno data
Chien-Wan Chuang
Representative Director & COO of Shipping11.8yrsNT$3.42mno data
Ko-Hua Chu
Senior Manager of Treasury Dept5.2yrsNT$1.84mno data
Hui-Chi Lin
Senior Manager of Investment Divisionno datano datano data
Chen-Fang Liu
Chief Accounting Officerless than a yearno datano data
Xing Wang
General Manager of Technical Departmentno datano datano data
Daniel Dai
Chief Information Officerno datano datano data
Qian Wan Zhuang
General Manager of Salesno datano data0.0027%
NT$ 126.4k
Yen-Ling Lin
Senior Manager & Board Secretariat8.3yrsno datano data
6.8yrs
Average Tenure

Experienced Management: 2601's management team is seasoned and experienced (6.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Jen-Hao Kuo
Chairman & GM6yrsNT$5.20m0.13%
NT$ 6.1m
Chien-Wan Chuang
Representative Director & COO of Shipping17.9yrsNT$3.42mno data
Tseng-Ping Chao
Independent Director9yrsNT$600.00kno data
Jung-Tsung Yang
Independent Director6yrsNT$600.00kno data
Ping-Sum Lui
Independent Director4yrsNT$600.00kno data
Wei De Qiu
Representative Directorno datano datano data
Neng Yin Xie
Independent Directorno datano datano data
6.0yrs
Average Tenure

Experienced Board: 2601's board of directors are considered experienced (6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/19 22:41
End of Day Share Price 2026/06/18 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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

First Steamship Co., Ltd. is covered by 2 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
Marc WangKGI Securities Co. Ltd.
Jerry LuSinoPac Securities Investment Service