Yahoo Finance How Much is China Saite Group Company Limited's (HKG:153) CEO Getting Paid?
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The CEO of China Saite Group Company Limited (HKG:153) is Xiaoqiang Shao. This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. Then we'll look at a snap shot of the business growth. And finally we will reflect on how common stockholders have fared in the last few years, as a secondary measure of performance. The aim of all this is to consider the appropriateness of CEO pay levels.
Check out our latest analysis for China Saite Group
How Does Xiaoqiang Shao's Compensation Compare With Similar Sized Companies?
At the time of writing our data says that China Saite Group Company Limited has a market cap of HK$606m, and is paying total annual CEO compensation of CN¥945k. (This is based on the year to December 2018). It is worth noting that the CEO compensation consists almost entirely of the salary, worth CN¥930k. We looked at a group of companies with market capitalizations under CN¥1.4b, and the median CEO total compensation was CN¥1.5m.
Most shareholders would consider it a positive that Xiaoqiang Shao takes less total compensation than the CEOs of most similar size companies, leaving more for shareholders. Though positive, it's important we delve into the performance of the actual business.
You can see a visual representation of the CEO compensation at China Saite Group, below.
Is China Saite Group Company Limited Growing?
On average over the last three years, China Saite Group Company Limited has shrunk earnings per share by 28% each year (measured with a line of best fit). It achieved revenue growth of 6.3% over the last year.
Sadly for shareholders, earnings per share are actually down, over three years. The modest increase in revenue in the last year isn't enough to make me overlook the disappointing change in earnings per share. It's hard to argue the company is firing on all cylinders, so shareholders might be averse to high CEO remuneration. Although we don't have analyst forecasts, you could get a better understanding of its growth by checking out this more detailed historical graph of earnings, revenue and cash flow.
Has China Saite Group Company Limited Been A Good Investment?
Since shareholders would have lost about 65% over three years, some China Saite Group Company Limited shareholders would surely be feeling negative emotions. It therefore might be upsetting for shareholders if the CEO were paid generously.
In Summary...
It appears that China Saite Group Company Limited remunerates its CEO below most similar sized companies.
Xiaoqiang Shao is paid less than CEOs of similar size companies, but the company isn't growing and total shareholder returns have been disappointing. While one could argue it is appropriate for the CEO to be paid less than other CEOs of similar sized companies, given company performance, we would not call the pay overly generous. Whatever your view on compensation, you might want to check if insiders are buying or selling China Saite Group shares (free trial).
Important note: China Saite Group may not be the best stock to buy. You might find something better in this list of interesting companies with high ROE and low debt.
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If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.
