Our Take On China All Access (Holdings) Limited's (HKG:633) CEO Salary
The CEO of China All Access (Holdings) Limited (HKG:633) is Kwok Shao. First, this article will compare CEO compensation with compensation at similar sized companies. Next, we'll consider growth that the business demonstrates. And finally we will reflect on how common stockholders have fared in the last few years, as a secondary measure of performance. This method should give us information to assess how appropriately the company pays the CEO.
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See our latest analysis for China All Access (Holdings)
How Does Kwok Shao's Compensation Compare With Similar Sized Companies?
According to our data, China All Access (Holdings) Limited has a market capitalization of HK$708m, and pays its CEO total annual compensation worth CN¥4.3m. (This is based on the year to December 2017). We think total compensation is more important but we note that the CEO salary is lower, at CN¥2.3m. We took a group of companies with market capitalizations below CN¥1.4b, and calculated the median CEO total compensation to be CN¥1.3m.
As you can see, Kwok Shao is paid more than the median CEO pay at companies of a similar size, in the same market. However, this does not necessarily mean China All Access (Holdings) Limited is paying too much. A closer look at the performance of the underlying business will give us a better idea about whether the pay is particularly generous.
The graphic below shows how CEO compensation at China All Access (Holdings) has changed from year to year.
Is China All Access (Holdings) Limited Growing?
China All Access (Holdings) Limited has reduced its earnings per share by an average of 35% a year, over the last three years (measured with a line of best fit). It saw its revenue drop -32% over the last year.
Sadly for shareholders, earnings per share are actually down, over three years. And the impression is worse when you consider revenue is down year-on-year. So given this relatively weak performance, shareholders would probably not want to see high compensation for the CEO. Although we don't have analyst forecasts, shareholders might want to examine this detailed historical graph of earnings, revenue and cash flow.
Has China All Access (Holdings) Limited Been A Good Investment?
Given the total loss of 85% over three years, many shareholders in China All Access (Holdings) Limited are probably rather dissatisfied, to say the least. So shareholders would probably think the company shouldn't be too generous with CEO compensation.
In Summary...
We compared the total CEO remuneration paid by China All Access (Holdings) Limited, and compared it to remuneration at a group of similar sized companies. As discussed above, we discovered that the company pays more than the median of that group.
We think many shareholders would be underwhelmed with the business growth over the last three years.
Arguably worse, investors are without a positive return for the last three years. Some might well form the view that the CEO is paid too generously! CEO compensation is one thing, but it is also interesting to check if the CEO is buying or selling China All Access (Holdings) (free visualization of insider trades).
Arguably, business quality is much more important than CEO compensation levels. So check out this free list of interesting companies, that have HIGH return on equity and low debt.
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
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.
