TSR Living Solution Management

Management criteria checks 2/4

TSR Living Solution's CEO is Ekarat Changyoo, appointed in May 2024, has a tenure of less than a year. directly owns 5.51% of the company’s shares, worth THB15.66M. The average tenure of the management team and the board of directors is 0.7 years and 3.8 years respectively.

Key information

Ekarat Changyoo

Chief executive officer

฿438.0k

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	5.5%
Management average tenure	less than a year
Board average tenure	3.8yrs

Recent management updates

Recent updates

CEO

Ekarat Changyoo (39 yo)

less than a year

Tenure

฿438,000

Compensation

Mr. Ekarat Changyoo has been Chief Executive Officer of TSR Living Solution Public Company Limited (formerly known as Sabuy Connext Tech Public Company Limited) (formerly known as Thiensurat Public Company...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Ekarat Changyoo	Chief Executive Officer & Director	less than a year	฿438.00k	5.51% THB 15.7m
Arthittaya Chanaroon	Acting CFO and VP of Accounting & Finance	less than a year	no data	no data
Watcharin Watcharatham	Vice CEO & Member of Executive Board	11.9yrs	no data	no data
Jutamas Malai	Investor Relations Manager	no data	no data	no data
Kununya Atthmongkolchai	Company Secretary	less than a year	no data	no data

0.7yrs

Average Tenure

46yo

Average Age

Experienced Management: TSR's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Ekarat Changyoo	Chief Executive Officer & Director	11.8yrs	฿438.00k	5.51% THB 15.7m
Lersuk Chuladesa	Independent Chairman of the Board	less than a year	no data	no data
Sumana Vonggapan	Independent Director	9.7yrs	฿516.00k	0.11% THB 321.5k
Surat Wongrattanapassorn	Independent Director	6.7yrs	฿573.00k	0.056% THB 159.7k
Boonserm Vimuktanandana	Independent Director	12.1yrs	฿560.00k	no data
Wirach Morakotkarn	Director	less than a year	no data	no data
Wuttikiat Techamongklapiwat	Independent Director	less than a year	no data	no data
Puttithorn Jirayus	Director	less than a year	no data	no data

3.8yrs

Average Tenure

64yo

Average Age

Experienced Board: TSR's board of directors are considered experienced (3.8 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/20 19:36
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

TSR Living Solution Public Company Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Teerapol Udomvej	Krungsri Securities Public Company Limited
Yanin Apichartsakulwong	Phillip Securities (Thailand) PCL

TSR Living Solution Management

Management criteria checks 2/4

Key information

Recent management updates

Sabuy Connext Tech Public Company Limited Approves Appointment of Executive Committee

Sabuy Connext Tech Public Company Limited Announces Committee Changes

Sabuy Connext Tech Public Company Limited Announces CFO Changes

Sabuy Connext Tech Public Company Limited Announces Board and Committee Changes

Sabuy Connext Tech Public Company Limited Disapproves Appointment of Kittipol Thanasit as A Director, Investment Committee Risk Management Committee, Executive Committee and the Nomination and Remuneration Committee

Sabuy Connext Tech Public Company Limited Announces Resignation of Chukiat Rujanapornpaji as Directors and Chairman of the Executive Director

Recent updates

Sabuy Connext Tech Public Company Limited Approves Appointment of Executive Committee

Sabuy Connext Tech Public Company Limited Announces Committee Changes

Second quarter 2024 earnings released: ฿0.47 loss per share (vs ฿0.026 loss in 2Q 2023)

Sabuy Connext Tech Public Company Limited Announces CFO Changes

Sabuy Connext Tech Public Company Limited Announces Board and Committee Changes

First quarter 2024 earnings released: ฿0.15 loss per share (vs ฿0.024 profit in 1Q 2023)

Sabuy Connext Tech Public Company Limited Approves Omission of Dividend for the Year 2023

Sabuy Connext Tech Public Company Limited Disapproves Appointment of Kittipol Thanasit as A Director, Investment Committee Risk Management Committee, Executive Committee and the Nomination and Remuneration Committee

Sabuy Connext Tech Public Company Limited Announces Resignation of Chukiat Rujanapornpaji as Directors and Chairman of the Executive Director

New major risk - Market cap size

Sabuy Connext Tech Public Company Limited Proposes Omission of Dividend Payments for the Year 2023

Sabuy Connext Tech Public Company Limited Announces CFO Changes

Full year 2023 earnings released: ฿0.14 loss per share (vs ฿0.12 profit in FY 2022)

Sabuy Connext Tech Public Company Limited, Annual General Meeting, Apr 26, 2024

Sabuy Connext Tech Public Company Limited Change of Company Secretary

Sabuy Connext Tech Public Company Limited has filed a Follow-on Equity Offering in the amount of THB 7.252302 billion.

Sabuy Connext Tech Public Company Limited has filed a Follow-on Equity Offering in the amount of THB 7.252302 billion.

Sabuy Connext Tech Public Company Limited Approves Board Changes

Sabuy Connext Tech Public Company Limited Announces Change of the Chairman of the Executive Committee

Third quarter 2023 earnings released: ฿0.04 loss per share (vs ฿0.021 profit in 3Q 2022)

Sabuy Connext Tech Public Company Limited Announces Board Changes

Investor sentiment deteriorates as stock falls 18%

Investor sentiment deteriorates as stock falls 18%

Sabuy Connext Tech Public Company Limited Announces Chief Executive Officer Changes, Effective 1 October 2023

Investor sentiment deteriorates as stock falls 17%

Investor sentiment improves as stock rises 49%

Sabuy Connext Tech Public Company Limited (SET:SBNEXT) agreed to acquire 8.5% stake in Vending Plus Co.,Ltd. from group of sellers for approximately THB 100 million.

New major risk - Financial position

Second quarter 2023 earnings released: ฿0.025 loss per share (vs ฿0.033 profit in 2Q 2022)

Sabuy Connext Tech Public Company Limited Announces Resignation of Director and Appointment of Sub-Committee Members

Investor sentiment deteriorates as stock falls 16%

Sabuy Connext Tech Public Company Limited Announces Changing in Finance and Accounting Director

First quarter 2023 earnings released: EPS: ฿0.026 (vs ฿0.033 in 1Q 2022)

Investor sentiment improves as stock rises 17%

Upcoming dividend of ฿0.011 per share at 0.3% yield

Full year 2022 earnings released: EPS: ฿0.13 (vs ฿0.057 in FY 2021)

Investor sentiment deteriorates as stock falls 15%

Thiensurat Public Company Limited Announces Board Changes

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: ฿0.023 (vs ฿0.055 loss in 3Q 2021)

Investor sentiment deteriorated over the past week

Thiensurat Public Company Limited Announces Executive Changes

Second quarter 2022 earnings released: EPS: ฿0.036 (vs ฿0.023 in 2Q 2021)

Thiensurat Public Company Limited Announces Viruch Wongnirund Pass Away Board of Director and Members of Risk Management Committee

First quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Thiensurat Public Company Limited Appoints Siam Uralwong as Member of Board of Directors

Insufficient new directors

Investor sentiment improved over the past week

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Thiensurat Public Company Limited, Annual General Meeting, Apr 27, 2022

Third quarter 2021 earnings released: ฿0.055 loss per share (vs ฿0.075 profit in 3Q 2020)

Independent Director Krit Umpote has left the company

Upcoming dividend of ฿0.04 per share

Price target decreased to ฿3.00

Second quarter 2021 earnings released: EPS ฿0.023 (vs ฿0.086 in 2Q 2020)

First quarter 2021 earnings released: EPS ฿0.059 (vs ฿0.045 in 1Q 2020)

Thiensurat Public Company Limited Announces Change in Dividend Policy

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Upcoming dividend of ฿0.08 per share

Thiensurat Public Company Limited, Annual General Meeting, Apr 23, 2021

Revenue beats expectations

Full year 2020 earnings released: EPS ฿0.26 (vs ฿0.20 in FY 2019)

New 90-day high: ฿3.92

Third quarter 2020 earnings released: EPS ฿0.075

Market pulls back on stock over the past week

New 90-day high: ฿4.06