Tungtex (Holdings) Company Limited

OTCPK:TUGH.F Stock Report

Market Cap: US$9.9m

Tungtex (Holdings) Management

Management criteria checks 4/4

Tungtex (Holdings)'s CEO is Raymond Tung, appointed in Jan 2018, has a tenure of 6.92 years. total yearly compensation is HK$2.75M, comprised of 80.5% salary and 19.5% bonuses, including company stock and options. directly owns 0.08% of the company’s shares, worth $7.88K. The average tenure of the management team and the board of directors is 6.9 years and 14.8 years respectively.

Key information

Raymond Tung

Chief executive officer

HK$2.7m

Total compensation

CEO salary percentage80.5%
CEO tenure6.9yrs
CEO ownership0.08%
Management average tenure6.9yrs
Board average tenure14.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Raymond Tung's remuneration changed compared to Tungtex (Holdings)'s earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-HK$17m

Jun 30 2024n/an/a

-HK$15m

Mar 31 2024HK$3mHK$2m

-HK$13m

Dec 31 2023n/an/a

-HK$5m

Sep 30 2023n/an/a

HK$3m

Jun 30 2023n/an/a

HK$11m

Mar 31 2023HK$3mHK$2m

HK$20m

Dec 31 2022n/an/a

HK$16m

Sep 30 2022n/an/a

HK$12m

Jun 30 2022n/an/a

-HK$7m

Mar 31 2022HK$3mHK$2m

-HK$26m

Dec 31 2021n/an/a

-HK$21m

Sep 30 2021n/an/a

-HK$16m

Jun 30 2021n/an/a

HK$120m

Mar 31 2021HK$3mHK$2m

HK$256m

Dec 31 2020n/an/a

HK$222m

Sep 30 2020n/an/a

HK$187m

Jun 30 2020n/an/a

HK$52m

Mar 31 2020HK$2mHK$2m

-HK$84m

Dec 31 2019n/an/a

-HK$76m

Sep 30 2019n/an/a

-HK$69m

Jun 30 2019n/an/a

-HK$81m

Mar 31 2019HK$2mHK$2m

-HK$94m

Dec 31 2018n/an/a

-HK$79m

Sep 30 2018n/an/a

-HK$64m

Jun 30 2018n/an/a

-HK$56m

Mar 31 2018HK$2mHK$2m

-HK$47m

Compensation vs Market: Raymond's total compensation ($USD353.51K) is below average for companies of similar size in the US market ($USD650.00K).

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


CEO

Raymond Tung (59 yo)

6.9yrs

Tenure

HK$2,746,000

Compensation

Mr. Wai Man Tung, also known as Raymond, has been Managing Director of Tungtex (Holdings) Company Limited since January 12, 2018. Mr. Tung has been a Director of Tungtex (Holdings) Company Limited since 20...


Leadership Team

NamePositionTenureCompensationOwnership
Hau Man Tung
Executive Chairman14.8yrsHK$3.50m0.36%
$ 35.1k
Wai Man Tung
MD & Executive Director6.9yrsHK$2.75m0.080%
$ 7.9k
Chung Man Tung
MD of the Group Retail Operation & Vice Chairman of the Board14.8yrsHK$3.35m0.68%
$ 66.8k
Yiu Shan Cheung
Chief Financial Officer8.3yrsno datano data
Kam Fai Cheng
Human Resources Directorno datano datano data
Pui Wai Chan
Group Treasurer and Assistant General Managerno datano datano data
Shuqi Guan
Group Financial Controller & Company Secretaryless than a yearno datano data

6.9yrs

Average Tenure

54yo

Average Age

Experienced Management: TUGH.F's management team is seasoned and experienced (6.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Hau Man Tung
Executive Chairman14.8yrsHK$3.50m0.36%
$ 35.1k
Wai Man Tung
MD & Executive Director24.9yrsHK$2.75m0.080%
$ 7.9k
Chung Man Tung
MD of the Group Retail Operation & Vice Chairman of the Board14.8yrsHK$3.35m0.68%
$ 66.8k
Siu Mei Lee
Independent Non-Executive Director2.6yrsHK$160.00kno data
Chung Kay Chang
Independent Non-Executive Director30.9yrsHK$190.00k0.85%
$ 84.1k
Ki Lok Yuen
Independent Non-Executive Director6.4yrsHK$190.00kno data
Wing Sang Yu
Independent Non-Executive Director3.7yrsHK$100.00kno data

14.8yrs

Average Tenure

50yo

Average Age

Experienced Board: TUGH.F's board of directors are seasoned and experienced ( 14.8 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 14:28
End of Day Share Price 2024/10/02 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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 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

Tungtex (Holdings) Company Limited 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
null nullCGS International
Pooja GhugeVirtua Research Inc.