Is Shirble Department Store Holdings (China) Limited’s (HKG:312) CEO Paid Enough To Stay Motivated?
Ti Yang became the CEO of Shirble Department Store Holdings (China) Limited (HKG:312) in 2013. First, this article will compare CEO compensation with compensation at similar sized companies. Then we’ll look at a snap shot of the business growth. Third, we’ll reflect on the total return to shareholders over three years, as a second measure of business performance. The aim of all this is to consider the appropriateness of CEO pay levels.
See our latest analysis for Shirble Department Store Holdings (China)
How Does Ti Yang’s Compensation Compare With Similar Sized Companies?
Our data indicates that Shirble Department Store Holdings (China) Limited is worth HK$4.8b, and total annual CEO compensation is CN¥4m. That’s below the compensation, last year. We looked at a group of companies with market capitalizations from CN¥2.8b to CN¥11.2b, and the median CEO compensation was CN¥3m.
So Ti Yang receives a similar amount to the median CEO pay, amongst the companies we looked at. Although this fact alone doesn’t tell us a great deal, it becomes more relevant when considered against the business performance.
You can see, below, how CEO compensation at Shirble Department Store Holdings (China) has changed over time.
Is Shirble Department Store Holdings (China) Limited Growing?
Over the last three years Shirble Department Store Holdings (China) Limited has shrunk its earnings per share by an average of 12% per year. In the last year, its revenue is down -8.1%.
Few shareholders would be pleased to read that earnings per share are lower over three years. And the fact that revenue is down year on year arguably paints an ugly picture. It’s hard to argue the company is firing on all cylinders, so shareholders might be averse to high CEO remuneration.
We don’t have analyst forecasts, but you might want to assess this data-rich visualization of earnings, revenue and cash flow.
Has Shirble Department Store Holdings (China) Limited Been A Good Investment?
Boasting a total shareholder return of 255% over three years, Shirble Department Store Holdings (China) Limited has done well by shareholders. This strong performance might mean some shareholders don’t mind if the CEO is paid more than is normal for a company of its size.
In Summary…
Ti Yang is paid around what is normal the leaders of comparable size companies.
The company isn’t growing earnings per share, but shareholder returns have been strong over the last three years. So we doubt many are complaining about the fairly normal CEO pay. So you may want to check if insiders are buying Shirble Department Store Holdings (China) Limited shares with their own money (free access).
Or you might prefer this data-rich interactive visualization of historic revenue and earnings.
To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at editorial-team@simplywallst.com.