Xin Lang Zheng Quan·2025-08-11 05:53Summary of Key Points Core Viewpoint - The report highlights the compensation trends of CFOs in A-share listed companies for 2024, indicating a total salary pool of 4.27 billion yuan and an average salary of 814,800 yuan for CFOs across various industries [1]. Compensation Overview - The average salary for CFOs in the machinery and equipment-engineering machinery sector is approximately 926,100 yuan, with the highest salary being 4.51 million yuan for Liu Hua of Sany Heavy Industry and the lowest being 142,100 yuan for Yang Xin of Weibo Hydraulic [1]. - The distribution of salaries shows that the majority (45%) of CFOs earn between 500,000 and 1 million yuan [1]. Age Structure - The average age of CFOs is about 50.79 years, with the largest age group being 50-59 years, comprising approximately 45% of the total [3]. - The oldest CFO is Lin Jie from Jindao Technology at 67 years, earning 550,000 yuan, while the youngest is Li Jianhui from Wantong Hydraulic at 34 years, earning 182,000 yuan [3]. Educational Background - The educational distribution of CFOs includes 8 with master's degrees, 12 with bachelor's degrees, and 9 with associate degrees, with average salaries of 1.48 million yuan, 682,200 yuan, and 759,500 yuan respectively [5]. - Among those with associate degrees, the highest salary is 2.84 million yuan for Ren Huiling from Zhongji United, ranking second in the industry [5]. Performance and Compensation Relationship - There is a noted disconnect between CFO compensation and company performance, with instances of salary increases despite declines in net profit, such as Yang Juan from Construction Machinery, whose salary rose by 68% to 575,200 yuan while the company's net profit fell by 32.7% [7]. - Two CFOs received warnings or public notifications regarding compliance issues in 2024-2025 [7]. Compliance Issues - Specific cases of compliance violations include Zhuang Xuezhong from Tietuo Machinery, who received two warnings for failing to follow board approval procedures and disclosure obligations, earning 428,900 yuan in 2024 [8]. - Lin Jie from Jindao Technology received one warning for adjusting government subsidies, impacting the company's reported net profits for 2023 [8].