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QuestionsCategory: Management QuadrantRemuneration of HKSE 1052
Jayden Lee asked 3 years ago

Hi Rusmin and Victor,
Thank you for yesterday’s workshop. 
I have a question related to yesterday’s topics discussed. One of them is to check that remuneration ratio (that is remuneration of executive directors divided by net profit attributable to shareholders) < 10 %, preferably single digit percentage.
I did some calculations on HKSE:1052, namely Yuexiu Transport Infrastructure and their remuneration is unbelievably low.
Renumeration Ratio of Executive Team
2013: 1.76%
2014: 1.70%
2015: 1.50%
2016: 0.88%
2017: 0.90%
Could you help verify my numbers and point out to me the mistakes? 
2016 and 2017 Remuneration Numbers can be found on page 163 of the annual report:
http://www.hkexnews.hk/listedco/listconews/SEHK/2018/0326/LTN20180326113.pdf
2014 and 2015 Remuneration Numbers can be found on page 162 of the annual report:
http://www.hkexnews.hk/listedco/listconews/SEHK/2016/0308/LTN20160308023.pdf
Could you help verify my numbers and point out the mistake? 
Thank you !
 
 
 

1 Answers
Victor Chng answered 3 years ago

Hi Jayden,
 
Here the figure:
2017- remuneration: RMBD9.1m net profit: RMB947.9m
2016-remuneration: RMB8.7m net profit: RMB918.8m
2015-remuneration: RMB8.6m net profit: RMB532.1m
2014-remuneration: RMB10.9m net profit: RMB609.4m

Jayden Lee replied 3 years ago

thanks victor, for the verification