First Pacific Company Limited

OTCPK:FPAF.F Stock Report

Market Cap: US$2.4b

First Pacific Management

Management criteria checks 3/4

First Pacific's CEO is Manny Pangilinan, appointed in Jun 2003, has a tenure of 21.5 years. total yearly compensation is $13.29M, comprised of 32.4% salary and 67.6% bonuses, including company stock and options. directly owns 0.053% of the company’s shares, worth $1.29M. The average tenure of the management team and the board of directors is 4.4 years and 12 years respectively.

Key information

Manny Pangilinan

Chief executive officer

US$13.3m

Total compensation

CEO salary percentage32.4%
CEO tenure21.5yrs
CEO ownership0.05%
Management average tenure4.4yrs
Board average tenure12yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Manny Pangilinan's remuneration changed compared to First Pacific's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

US$433m

Mar 31 2024n/an/a

US$467m

Dec 31 2023US$13mUS$4m

US$501m

Sep 30 2023n/an/a

US$498m

Jun 30 2023n/an/a

US$496m

Mar 31 2023n/an/a

US$444m

Dec 31 2022US$12mUS$7m

US$392m

Sep 30 2022n/an/a

US$394m

Jun 30 2022n/an/a

US$396m

Mar 31 2022n/an/a

US$320m

Dec 31 2021US$10mUS$5m

US$245m

Sep 30 2021n/an/a

US$187m

Jun 30 2021n/an/a

US$129m

Mar 31 2021n/an/a

US$131m

Dec 31 2020US$10mUS$6m

US$133m

Jun 30 2020n/an/a

-US$97m

Mar 31 2020n/an/a

-US$218m

Dec 31 2019US$13mUS$5m

-US$339m

Sep 30 2019n/an/a

-US$202m

Jun 30 2019n/an/a

-US$150m

Mar 31 2019n/an/a

-US$9m

Dec 31 2018US$7mUS$4m

US$132m

Sep 30 2018n/an/a

US$127m

Jun 30 2018n/an/a

US$122m

Mar 31 2018n/an/a

US$121m

Dec 31 2017US$6mUS$4m

US$121m

Compensation vs Market: Manny's total compensation ($USD13.29M) is above average for companies of similar size in the US market ($USD6.65M).

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


CEO

Manny Pangilinan (78 yo)

21.5yrs

Tenure

US$13,290,000

Compensation

Mr. Manuel Velez Pangilinan, also known as Manny, serves as Director since December 22, 2023 at Axelum Resources Corp. He has been Chairman of SP New Energy Corporation since 2023. He had been President an...


Leadership Team

NamePositionTenureCompensationOwnership
Manuel Pangilinan
CEO, MD & Executive Director21.5yrsUS$13.29m0.053%
$ 1.3m
Christopher Huxley Young
Executive Director2.3yrsUS$3.48m0.20%
$ 4.8m
Hon Pong Ng
CFO & Associate Director2.3yrsno datano data
John W. Ryan
Chief Investor Relations and Sustainability & Associate Director9.3yrsno datano data
Wing Man Chiu
EVP, Company Secretary & General Counsel2.6yrsno datano data
S. K. Cheung
Vice President of Group Corporate Communicationsno datano datano data
T. H. Lin
Executive Vice President of Group Treasury & Tax and Group Human Resources5.9yrsno datano data
Ping Cheung Chan
Executive VP & Group Financial Controller10.9yrsno datano data
W. Y. Lau
VP & Company Secretariat2.9yrsno datano data
Stanley H. Yang
Associate Directorno datano datano data

4.4yrs

Average Tenure

57.5yo

Average Age

Experienced Management: FPAF.F's management team is considered experienced (4.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Manuel Pangilinan
CEO, MD & Executive Directorno dataUS$13.29m0.053%
$ 1.3m
Christopher Huxley Young
Executive Director7.3yrsUS$3.48m0.20%
$ 4.8m
Kwan Yiu Chen
Independent Non-Executive Director31.9yrsUS$256.00k0.077%
$ 1.9m
Anthoni Salim
Non-Executive Chairman43.9yrsUS$3.38m26.69%
$ 650.4m
Benny Santoso
Non-Executive Director21.5yrsUS$241.00k0.022%
$ 548.3k
Yan Hok Fan
Independent Non-Executive Director12yrsUS$238.00k0.26%
$ 6.2m
Blair Chilton Pickerell
Independent Non-Executive Director4.8yrsUS$195.00k0.030%
$ 731.1k
Axton Salim
Non-Executive Director4.8yrsUS$2.40mno data
May-Yee Leung Ko
Independent Non-Executive Director12yrsUS$256.00k0.057%
$ 1.4m
Suh Shin Lee
Independent Non-Executive Director9.3yrsUS$262.00k0.029%
$ 709.2k

12.0yrs

Average Tenure

70yo

Average Age

Experienced Board: FPAF.F's board of directors are seasoned and experienced ( 12 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 04:12
End of Day Share Price 2024/12/24 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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 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

First Pacific Company Limited is covered by 7 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Karl ChoiBofA Global Research
Chi Man WongChina Galaxy International Securities (Hong Kong)
Shaun CochranCLSA