Fujian Wanchen Biotechnology Group Co.,Ltd. CFO Cai Dongna Earns 567,500 Yuan with College Degree, Three Squirrels Inc. CFO Zhou Ting Earns 1.16 Million Yuan with College Degree - Zhou Ting's Salary is Double That of Cai Dongna

Deep News08-07

As key members of listed companies' core management teams, Chief Financial Officers (CFOs) play crucial roles. The 2024 A-Share CFO Data Report shows that the total compensation for A-share listed company CFOs reached 4.27 billion yuan in 2024, with an average annual salary of 814,800 yuan.

In the snack food industry's financial battlefield, two CFOs with college degrees are writing dramatically different capital stories. 54-year-old Cai Dongna of Fujian Wanchen Biotechnology Group Co.,Ltd. commands a 567,500 yuan annual salary (30% below industry average) while overseeing 32.329 billion yuan in revenue and achieving a remarkable 454% surge in net profit. Meanwhile, 43-year-old Zhou Ting of Three Squirrels Inc. receives a high salary of 1.1616 million yuan (42% above average), yet only delivers 407 million yuan in net profit (less than 1.4 times that of the former). When these two financial reports are compared, a cost-effectiveness revolution is reshaping the compensation logic in the snack industry.

Fujian Wanchen Biotechnology Group Co.,Ltd.'s CFO with a college degree earns an annual salary of 567,500 yuan, which is 30% lower than the average A-share CFO compensation (814,800 yuan). However, remarkably, this snack food dark horse achieved a stunning 454% surge in attributable net profit under her leadership, with company revenue reaching 32.329 billion yuan.

According to records, Ms. Cai Dongna was born in November 1971, holds Chinese nationality with no permanent overseas residency, and has a college degree. She previously served as Finance Manager at Zhangzhou Xindeishi Group Co., Ltd., and Finance Manager and CFO at Fujian Oriental Food. She currently serves as Deputy General Manager, CFO, and Board Secretary of Fujian Wanchen Biotechnology Group Co.,Ltd.

At Three Squirrels Inc. headquarters in Wuhu, 43-year-old Zhou Ting is experiencing the most contradictory compensation glory in the snack industry. In 2024, this youngest-tier CFO with a college degree earned an annual salary of 1.1616 million yuan, exceeding the average A-share CFO compensation (814,800 yuan) by 42%, ranking 20th among college-educated CFOs. More notably, he received an annual salary increase of 227,800 yuan (+24.4%).

According to records, Mr. Zhou Ting was born in 1982, holds Chinese nationality with no permanent overseas residency. Since December 2012, he has served successively as Finance Manager and CFO at Three Squirrels Inc.

Disclaimer: This article was generated by AI large language model. Markets involve risks, and investments should be made with caution. Data sourced from Choice, as of the end of 2024. Those with tenure less than one year are not included in statistics.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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