China Airlines Management

Management criteria checks 3/4

China Airlines' CEO is Shing-Hwang Kao, appointed in Mar 2021, has a tenure of 3.17 years. directly owns 0.001% of the company’s shares, worth NT$1.32M. The average tenure of the management team and the board of directors is 3.2 years and 4.5 years respectively.

Key information

Shing-Hwang Kao

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	3.2yrs
CEO ownership	0.001%
Management average tenure	3.2yrs
Board average tenure	4.5yrs

Recent management updates

Recent updates

Returns On Capital At China Airlines (TWSE:2610) Have Stalled

Feb 26

These 4 Measures Indicate That China Airlines (TPE:2610) Is Using Debt Extensively

Apr 14

CEO Compensation Analysis

How has Shing-Hwang Kao's remuneration changed compared to China Airlines's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	NT$7b
Sep 30 2023	n/a	n/a	NT$6b
Jun 30 2023	n/a	n/a	NT$4b
Mar 31 2023	n/a	n/a	NT$1b
Dec 31 2022	n/a	n/a	NT$3b
Sep 30 2022	n/a	n/a	NT$11b
Jun 30 2022	n/a	n/a	NT$14b
Mar 31 2022	n/a	n/a	NT$13b
Dec 31 2021	n/a	n/a	NT$9b
Sep 30 2021	n/a	n/a	NT$4b
Jun 30 2021	n/a	n/a	NT$92m
Mar 31 2021	n/a	n/a	NT$3b
Dec 31 2020	NT$8m	NT$3m	NT$140m
Sep 30 2020	n/a	n/a	-NT$3b
Jun 30 2020	n/a	n/a	-NT$2b
Mar 31 2020	n/a	n/a	-NT$5b
Dec 31 2019	NT$9m	NT$3m	-NT$1b

Compensation vs Market: Insufficient data to establish whether Shing-Hwang's total compensation is reasonable compared to companies of similar size in the TW market.

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

CEO

Shing-Hwang Kao (62 yo)

3.2yrs

Tenure

NT$7,923,000

Compensation

Mr. Shing-Hwang Kao serves as President of China Airlines, Ltd since March 18, 2021 and served as its Senior Vice President until March 18, 2021. Mr. Kao joined China Airlines, Ltd. on June 1, 2011.He ser...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Shing-Hwang Kao	President & Director	3.2yrs	NT$7.92m	0.0010% NT$ 1.3m
Chih-Yuan Chen	MD & Director	no data	NT$520.00k	0.0057% NT$ 7.2m
Chen-Min Wang	Senior Vice President	5.3yrs	NT$3.60m	0.00059% NT$ 747.7k
Yang Yen	Accounting Officer	less than a year	no data	no data
Hui-Na Huang	Vice President of Administration Division	2.8yrs	no data	0.00028% NT$ 354.8k
Jia-Ling Shan	Assistant Vice President of Legal & Insurance Division	2.3yrs	no data	no data
Shwu-Huoy Lu	Vice President of Corporate Communications Office	3.6yrs	no data	no data
Cheng-Hao Chang	Vice President of Corporate Development Office	5.3yrs	no data	no data
Shih-Ming Lu	Vice President of Human Resources Division	2.5yrs	no data	0.00041% NT$ 519.6k
Ya-Mei Lo	Senior Vice President	2.2yrs	NT$3.59m	no data
Ming-Hui Lai	Senior Vice President	3.2yrs	no data	0.00032% NT$ 405.5k
I-Chieh Chen	Senior Vice President	3.2yrs	no data	no data

3.2yrs

Average Tenure

Experienced Management: 2610's management team is considered experienced (3.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Shing-Hwang Kao	President & Director	3.2yrs	NT$7.92m	0.0010% NT$ 1.3m
Chih-Yuan Chen	MD & Director	23.8yrs	NT$520.00k	0.0057% NT$ 7.2m
Kwang-Hung Ting	Director	16.3yrs	NT$535.00k	no data
Han-Ming Chen	Director	7.8yrs	NT$520.00k	no data
Ming-Way Chang	Representative Director	less than a year	no data	no data
Shih-Szu Wang	Director	5.9yrs	NT$316.00k	no data
Hsieh Gen-Sen Chang	Independent Director	5.9yrs	NT$830.00k	no data
Yung-Yeh Wei	Director	5.9yrs	NT$1.98m	0.000060% NT$ 76.0k
Hsieh-Hsing Huang	Independent Director	2.8yrs	no data	no data
Chin-Yeong Hwang	Independent Director	2.8yrs	no data	no data
Maun-Jen Chen	Representative Director	2.8yrs	no data	no data
Kang Chao	Representative Director	2.8yrs	no data	0.0010% NT$ 1.3m

4.5yrs

Average Tenure

61yo

Average Age

Experienced Board: 2610's board of directors are considered experienced (4.5 years average tenure).

China Airlines Management

Management criteria checks 3/4

Key information

Recent management updates

China Airlines, Ltd., Annual General Meeting, May 30, 2024

China Airlines, Ltd. Announces Remuneration Committee Changes

China Airlines, Ltd. Announces Dismissal of Shen, Hui-Ya as the Remuneration Committee Member

China Airlines, Ltd. Announces CFO Changes, Effective December 1, 2023

China Airlines Ltd Appoints Chang, Ming-Way as Representative Director, Effective October 16, 2023

China Airlines, Ltd., Annual General Meeting, May 31, 2023

Recent updates

China Airlines, Ltd., Annual General Meeting, May 30, 2024

Returns On Capital At China Airlines (TWSE:2610) Have Stalled

China Airlines, Ltd. Announces Remuneration Committee Changes

China Airlines, Ltd. Announces Dismissal of Shen, Hui-Ya as the Remuneration Committee Member

Consensus EPS estimates fall by 23%

Third quarter 2023 earnings: EPS misses analyst expectations

China Airlines, Ltd. Announces CFO Changes, Effective December 1, 2023

China Airlines Ltd Appoints Chang, Ming-Way as Representative Director, Effective October 16, 2023

Consensus EPS estimates increase by 59%

Price target increased by 8.7% to NT$20.55

New major risk - Revenue and earnings growth

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Consensus EPS estimates fall by 12%

Upcoming dividend of NT$0.46 per share at 1.8% yield

China Airlines, Ltd. Announces Cash Dividend, Payable on August 11, 2023

New major risk - Revenue and earnings growth

Price target increased by 9.9% to NT$18.28

Consensus revenue estimates increase by 10%

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Consensus EPS estimates fall by 88%

Full year 2022 earnings: EPS misses analyst expectations

Consensus EPS estimates fall by 10%

China Airlines, Ltd., Annual General Meeting, May 31, 2023

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Price target decreased to NT$19.22

Price target decreased to NT$19.22

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Investor sentiment deteriorated over the past week

Consensus EPS estimates fall by 18%

Consensus forecasts updated

Investor sentiment deteriorated over the past week

Price target decreased to NT$26.76

Consensus EPS estimates fall by 50%

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

Price target decreased to NT$29.63

Upcoming dividend of NT$0.83 per share

China Airlines, Ltd. Announces Cash Dividend, Payable on August 9, 2022

Consensus forecasts updated

First quarter 2022 earnings: EPS exceeds analyst expectations

Consensus EPS estimates fall by 11%

Less than half of directors are independent

Full year 2021 earnings: EPS misses analyst expectations

Investor sentiment improved over the past week

Price target increased to NT$33.50

Price target increased to NT$27.75

Price target increased to NT$23.50

Third quarter 2021 earnings released: EPS NT$0.51 (vs NT$0.13 loss in 3Q 2020)

Second quarter 2021 earnings released: NT$0.06 loss per share (vs NT$0.45 profit in 2Q 2020)

Consensus forecasts updated

Price target increased to NT$18.77

Consensus EPS estimates fall to NT$0.89

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Consensus EPS estimates increase to NT$1.87

First quarter 2021 earnings released: NT$0.19 loss per share (vs NT$0.70 loss in 1Q 2020)

Consensus forecasts updated

These 4 Measures Indicate That China Airlines (TPE:2610) Is Using Debt Extensively

China Airlines, Ltd. Announces Executive Changes

Full year 2020 earnings released: EPS NT$0.03 (vs NT$0.22 loss in FY 2019)

Investors Who Bought China Airlines (TPE:2610) Shares A Year Ago Are Now Up 74%

New 90-day high: NT$13.25

How Much Of China Airlines, Ltd. (TPE:2610) Do Institutions Own?

China Airlines, Ltd., Annual General Meeting, May 25, 2021

Is China Airlines, Ltd. (TPE:2610) An Attractive Dividend Stock?

New 90-day high: NT$11.00

Is China Airlines (TPE:2610) Weighed On By Its Debt Load?

Price target raised to NT$10.00

Analysts update estimates

New 90-day high: NT$9.88