Towngas Smart Energy Management
Management criteria checks 4/4
Towngas Smart Energy's CEO is Peter Wong, appointed in Mar 2007, has a tenure of 16.92 years. total yearly compensation is HK$9.53M, comprised of 14.1% salary and 85.9% bonuses, including company stock and options. directly owns 0.21% of the company’s shares, worth $2.60M. The average tenure of the management team and the board of directors is 2.3 years and 5.5 years respectively.
Key information
Peter Wong
Chief executive officer
HK$9.5m
Total compensation
| CEO salary percentage | 14.1% |
| CEO tenure | 16.9yrs |
| CEO ownership | 0.2% |
| Management average tenure | 2.3yrs |
| Board average tenure | 5.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2023 | n/a | n/a | HK$1b |
| Mar 31 2023 | n/a | n/a | HK$1b |
| Dec 31 2022 | HK$10m | HK$1m | HK$965m |
| Sep 30 2022 | n/a | n/a | HK$1b |
| Jun 30 2022 | n/a | n/a | HK$2b |
| Mar 31 2022 | n/a | n/a | HK$1b |
| Dec 31 2021 | HK$9m | HK$1m | HK$1b |
| Sep 30 2021 | n/a | n/a | HK$1b |
| Jun 30 2021 | n/a | n/a | HK$2b |
| Mar 31 2021 | n/a | n/a | HK$2b |
| Dec 31 2020 | HK$7m | HK$1m | HK$1b |
| Sep 30 2020 | n/a | n/a | HK$1b |
| Jun 30 2020 | n/a | n/a | HK$1b |
| Mar 31 2020 | n/a | n/a | HK$1b |
| Dec 31 2019 | HK$7m | HK$1m | HK$1b |
| Sep 30 2019 | n/a | n/a | HK$1b |
| Jun 30 2019 | n/a | n/a | HK$1b |
| Mar 31 2019 | n/a | n/a | HK$1b |
| Dec 31 2018 | HK$6m | HK$1m | HK$1b |
| Sep 30 2018 | n/a | n/a | HK$1b |
| Jun 30 2018 | n/a | n/a | HK$1b |
| Mar 31 2018 | n/a | n/a | HK$1b |
| Dec 31 2017 | HK$6m | HK$1m | HK$1b |
Compensation vs Market: Peter's total compensation ($USD1.22M) is below average for companies of similar size in the US market ($USD5.12M).
Compensation vs Earnings: Peter's compensation has been consistent with company performance over the past year.
CEO
Peter Wong (72 yo)
16.9yrs
Tenure
HK$9,525,000
Compensation
Mr. Wai Yee Wong, also known as, Peter, C.P.A. (CANADA), C.M.A., A.C.I.S., A.C.S., F.I.G.E.M., F.H.K.I.o.D., M.B.A. served as the Chief Operating Officer of Utilities Business at The Hong Kong and China Ga...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 16.9yrs | HK$9.53m | 0.21% $ 2.6m | |
| COO of Gas Business & Executive Director | no data | HK$7.53m | 0.054% $ 655.9k | |
| COO of Renewable Business & Executive Director | 2.3yrs | HK$6.95m | 0.081% $ 983.8k | |
| Head of Corporate Investment & Investor Relations | no data | no data | no data | |
| Company Secretary | less than a year | no data | no data |
2.3yrs
Average Tenure
58yo
Average Age
Experienced Management: TGAS.F's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 16.9yrs | HK$9.53m | 0.21% $ 2.6m | |
| COO of Gas Business & Executive Director | 8.8yrs | HK$7.53m | 0.054% $ 655.9k | |
| COO of Renewable Business & Executive Director | 2.3yrs | HK$6.95m | 0.081% $ 983.8k | |
| Independent Non-Executive Director | 16.8yrs | HK$500.00k | no data | |
| Non-Executive Chairman | 2.3yrs | HK$300.00k | no data | |
| Independent Non Executive Director | 16.8yrs | HK$500.00k | no data | |
| Non-Executive Director | 2.3yrs | no data | no data | |
| Independent Non-Executive Director | 1.8yrs | HK$373.00k | no data |
5.5yrs
Average Tenure
60yo
Average Age
Experienced Board: TGAS.F's board of directors are considered experienced (5.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/02/06 10:13 |
| End of Day Share Price | 2023/11/09 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2022/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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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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
Towngas Smart Energy Company Limited is covered by 35 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Cho Ming Lau | BOCI Research Ltd. |
| Christeen So | CCB International Securities Limited |
| Bei Na Yan | China International Capital Corporation Limited |