Gem 4% net profit by executives swallowed

Source: Internet
Author: User
Keywords Executive net profit Gem
The disclosure of the big curtain has fallen. While the overall performance of listed companies has grown, it has not been able to conceal its financial dilemma. According to the salary level of the listed company executives last year, there are many listed companies in the first half of the net profit is not enough to pay executives.  Data show that Chongqing Steel, Shanghai New Plum, the United States Luo Pharmaceutical, Guardian Tong, Xi ' an tourism, Zhongguancun, ping-Gao Electric and other 21 companies, the first half of the net profit was less than last year's executive pay 50%, the balance of payments in a very unbalanced state. Half a year profit not enough to send executive compensation Zhongguancun August 17 disclosed the report, the first half of this year, the company achieved net profit of 775,800 yuan. According to wind information statistics, last year, Zhongguancun company 31 executive compensation amounted to 3.83 million yuan, of which the top three of the total remuneration amounted to 1.8131 million yuan, 775,800 yuan in the first half of the net profit, only last year's salary 1/5, I am afraid even to the first executive pay is not enough.  The same is true of Avic real estate, which belongs to the real estate sector. In addition to the two property companies listed above, the Oriental hotel, which swung this year, is the same. August 5 Oriental Hotel in the first half of 2010, the Oriental Hotel achieved a net profit of 1.98 million yuan, the same period last year, an increase of 111%. The reason for the company to turn a profit Oriental hotel's interpretation is that, on the one hand, "as a result of actively expanding marketing, and strengthen the control of cost costs, the company's operating income has increased significantly, while the cost of relative decline"; On the other hand, "the first half of 2010, the company was Guangzhou to stabilize the post subsidy 1.7465 million yuan , that is to say, deduct the government subsidy, the profit of Oriental guesthouse is only 240,000 yuan. This and last year Oriental Hotel executives 3.1 million yuan annual salary is only a drop in the bucket, and this 3.1 million yuan does not include the new chairman Feng Jin and vice Chairman Lin Wei-min's salary.  Some analysts laughed that the government's subsidies, combined with a profit of 1.89 million yuan, were barely enough to pay the company's top executives. Gem 4% net profit by executives swallowed up with the gem 2010 years of the disclosure of the Enterprise Board, the myth of high growth is again questioned.  From the comparable 105 listed companies data, operating income and net profit growth has shown a downward trend, and its use of funds problems are further exposed. According to wind information statistics, there are comparable data in the first half of the 105 gem business income of 18.23 billion yuan, compared with the same period in 2009 28.1%; Net profit total 3.045 billion yuan, the year-on-year increase of 25.7%. By contrast, the first half of the 435 SME listed companies reported a year-on-year growth of 37.1%, with net profit growth exceeding 44% per cent. And the Shanghai and Shenzhen 300 has announced semi-annual 236 listed companies, the first half of the operating income growth of more than 46%, net profit growth of more than 42%. Gem income and profit growth is not only lagging far behind the motherboard and the SME board listed companies, or even has not yet reached the semi-annual report of the company's main board of the average level. Compared to 54 gem (listed last year)City companies, although there is no time to pay out of the state, but many of the profits of listed companies are likely to be swallowed up by the wages of senior executives. Sunning Logistics semi-annual report showed that the company in the first half of the listed company's shareholders net profit of 7.8424 million yuan, and last year, its executive salary of 3.0134 million yuan, that is to say, half of the company's profits to pay for senior executives.  Such a situation also appears in the Gem shares, the blue cursor and other pioneering board company body. Wind information statistics, as of August 30, there are comparable data of 58 gem executives last year's annual salary of 126 million yuan, and their net profit of about 3.2 billion yuan, annual salary accounted for net profit ratio is 3.94%, far higher than the motherboard 0.47%. (When the letter)
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