*ST Hanma, which is on the verge of delisting, has a lower overall financial position than the industry average in the past five years.
From 2020 to 2023, *ST Hanma has a cumulative loss of 4.284 billion yuan in 4 years. In the past four years, despite the significant decline in the performance of *ST Hanma and the large personnel changes, the number of executives receiving remuneration from the company has decreased year by year, and the total amount of remuneration paid each year has also shrunk simultaneously. However, in the past four years, *ST Hanma has still paid a total of 27.1363 million yuan to the company's executives.
Specifically:
According to *ST Hanma's 2023 annual report, the company's main revenue was 3.877 billion yuan, up 13.07% year-on-year, net profit attributable to the parent company was -963 million yuan, up 35.55% year-on-year, and non-net profit was -1.389 billion yuan, up 16.45% year-on-year, of which in the fourth quarter of 2023, the company's single-quarter main revenue was 1.222 billion yuan, up 12.9% year-on-year, and net profit attributable to the parent company was -835 million yuan, down 111.1% year-on-year; The non-net profit deducted in a single quarter was -811 million yuan, a year-on-year decrease of 109.18%, the debt ratio was 109.54%, the investment income was 1.2102 million yuan, the financial expenses were 102 million yuan, and the gross profit margin was 0.17%.
Even if the operating performance is not good, the company will still pay 5.8531 million yuan to 10 current and outgoing directors, supervisors and senior managers in 2023. It is worth noting that Zheng Zhiqiang, as the general manager of the company, received the highest salary of 1.0141 million yuan, and he is increasing his salary year by year.
As a company that has been put on delisting risk warning, its executive compensation is not only not at the bottom of the industry, but the salary it pays is even higher than that of China National Heavy Duty Truck (000951), which will make a profit of 1.08 billion yuan in 2023 (the total remuneration for 13 executives in 2023 is 5.0945 million yuan).
The details are as follows:
Compared with the performance in 2023, the company's performance in 2022 is even worse, with an operating income of 3.429 billion yuan, a year-on-year decrease of 35.55%, and a net loss of 1.494 billion yuan. This year, the company paid 7.6132 million yuan to 14 current and outgoing directors, supervisors and senior managers during the reporting period. The details are as follows:
In 2021, the company's operating income was about 5.32 billion yuan, a year-on-year decrease of 17.24%, the net profit loss attributable to shareholders of the listed company was about 1.336 billion yuan, and the basic earnings per share loss was 2.15 yuan. In 2021, the company paid 8.525 million yuan in remuneration to 15 current and outgoing directors, supervisors and senior managers during the reporting period. The details are as follows:
In 2020, the company's operating income was about 6.428 billion yuan, the net profit loss attributable to shareholders of the listed company was about 491 million yuan, and the basic earnings per share loss was 0.88 yuan. In 2020, the company paid 5.145 million yuan to 23 current and outgoing directors, supervisors and senior managers during the reporting period.