In This Article:
Key Insights
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Sembcorp Industries to hold its Annual General Meeting on 23rd of April
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Salary of S$1.37m is part of CEO Kim Yin Wong's total remuneration
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The overall pay is 396% above the industry average
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Sembcorp Industries' total shareholder return over the past three years was 155% while its EPS grew by 94% over the past three years
CEO Kim Yin Wong has done a decent job of delivering relatively good performance at Sembcorp Industries Ltd (SGX:U96) recently. This is something shareholders will keep in mind as they cast their votes on company resolutions such as executive remuneration in the upcoming AGM on 23rd of April. However, some shareholders will still be cautious of paying the CEO excessively.
View our latest analysis for Sembcorp Industries
Comparing Sembcorp Industries Ltd's CEO Compensation With The Industry
Our data indicates that Sembcorp Industries Ltd has a market capitalization of S$9.3b, and total annual CEO compensation was reported as S$7.9m for the year to December 2023. That's a notable increase of 34% on last year. While this analysis focuses on total compensation, it's worth acknowledging that the salary portion is lower, valued at S$1.4m.
In comparison with other companies in the Singapore Integrated Utilities industry with market capitalizations ranging from S$5.5b to S$16b, the reported median CEO total compensation was S$1.6m. Accordingly, our analysis reveals that Sembcorp Industries Ltd pays Kim Yin Wong north of the industry median. What's more, Kim Yin Wong holds S$26m worth of shares in the company in their own name, indicating that they have a lot of skin in the game.
Component | 2023 | 2022 | Proportion (2023) |
Salary | S$1.4m | S$1.4m | 17% |
Other | S$6.5m | S$4.5m | 83% |
Total Compensation | S$7.9m | S$5.9m | 100% |
Talking in terms of the industry, salary represented approximately 19% of total compensation out of all the companies we analyzed, while other remuneration made up 81% of the pie. There isn't a significant difference between Sembcorp Industries and the broader market, in terms of salary allocation in the overall compensation package. It's important to note that a slant towards non-salary compensation suggests that total pay is tied to the company's performance.
Sembcorp Industries Ltd's Growth
Sembcorp Industries Ltd's earnings per share (EPS) grew 94% per year over the last three years. In the last year, its revenue is down 10%.
Shareholders would be glad to know that the company has improved itself over the last few years. It's always a tough situation when revenues are not growing, but ultimately profits are more important. Looking ahead, you might want to check this free visual report on analyst forecasts for the company's future earnings..