Abits Group Management

Management criteria checks 4/4

Abits Group's CEO is Forrest Deng, appointed in Sep 2021, has a tenure of 3.33 years. total yearly compensation is $120.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 17.67% of the company’s shares, worth $4.33M. The average tenure of the management team and the board of directors is 5.8 years and 3.2 years respectively.

Key information

Forrest Deng

Chief executive officer

US$120.0k

Total compensation

CEO salary percentage100.0%
CEO tenure3.3yrs
CEO ownership17.7%
Management average tenure5.8yrs
Board average tenure3.2yrs

Recent management updates

Recent updates

We're Keeping An Eye On Abits Group's (NASDAQ:ABTS) Cash Burn Rate

Mar 07
We're Keeping An Eye On Abits Group's (NASDAQ:ABTS) Cash Burn Rate

Is Moxian (BVI) (NASDAQ:MOXC) In A Good Position To Invest In Growth?

Nov 12
Is Moxian (BVI) (NASDAQ:MOXC) In A Good Position To Invest In Growth?

Moxian to divest Chinese unit amid uncertainty over govt tightening control over gaming

Aug 15

This Is Why We Think Moxian, Inc.'s (NASDAQ:MOXC) CEO Might Get A Pay Rise Approved By Shareholders

Jun 18
This Is Why We Think Moxian, Inc.'s (NASDAQ:MOXC) CEO Might Get A Pay Rise Approved By Shareholders

CEO Compensation Analysis

How has Forrest Deng's remuneration changed compared to Abits Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

-US$9m

Mar 31 2024n/an/a

-US$11m

Dec 31 2023US$120kUS$120k

-US$13m

Sep 30 2023n/an/a

-US$18m

Jun 30 2023n/an/a

-US$24m

Mar 31 2023n/an/a

-US$23m

Dec 31 2022US$120kUS$120k

-US$22m

Sep 30 2022n/an/a

-US$12m

Jun 30 2022n/an/a

-US$2m

Mar 31 2022n/an/a

-US$2m

Dec 31 2021US$120kUS$33k

-US$3m

Compensation vs Market: Forrest's total compensation ($USD120.00K) is below average for companies of similar size in the US market ($USD647.72K).

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


CEO

Forrest Deng (41 yo)

3.3yrs

Tenure

US$120,000

Compensation

Mr. Conglin Deng, also known as Forrest, serves as Chief Executive Officer and Director at Abits Group Inc. (formerly known as Moxian (BVI) Inc)., since September 21, 2021 and August 9, 2021 respectively....


Leadership Team

NamePositionTenureCompensationOwnership
Conglin Deng
CEO & Director3.3yrsUS$120.00k17.67%
$ 4.3m
Wanhong Tan
CFO & Board Secretary8.5yrsUS$120.00kno data
Boon Ooi
Vice President of Creative & Marketingno datano datano data
Zhongwen Chen
Vice President of Corporate Affairs5.8yrsno datano data

5.8yrs

Average Tenure

47yo

Average Age

Experienced Management: ABTS's management team is seasoned and experienced (5.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Conglin Deng
CEO & Director3.4yrsUS$120.00k17.67%
$ 4.3m
Khuat Leok Choong
Independent Director6.7yrsUS$9.00k0.10%
$ 24.8k
Tao Xu
Independent Director3.3yrsUS$5.00kno data
Yanyan Sun
Directorless than a yearno datano data
Chuan Zhan
Independent Director3.2yrsUS$5.00kno data
Panpan Wang
Non-Independent Director2.8yrsUS$5.00kno data

3.2yrs

Average Tenure

38.5yo

Average Age

Experienced Board: ABTS's board of directors are considered experienced (3.2 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 01:50
End of Day Share Price 2024/12/31 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

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Analyst Sources

Abits Group Inc. is covered by 0 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.

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