Erawan Group Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of ERW?
Owner Type	Number of Shares	Ownership Percentage
State or Government	48,131,300	0.985%
Public Companies	54,942,051	1.12%
Institutions	379,980,662	7.78%
Individual Insiders	425,729,401	8.71%
Private Companies	1,988,482,435	40.7%
General Public	1,989,663,580	40.7%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 59.15% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
15.5%	K. Group Network	756,711,179	฿2.5b	0%	no data
13.1%	Mid-Siam Capital Co.,Ltd.	638,444,038	฿2.1b	0%	no data
5.56%	Supol Wattanavekin	271,638,916	฿896.4m	0%	no data
4.66%	Kasikorn Asset Management Co., Ltd.	227,632,120	฿751.2m	0%	0.99%
4.02%	Es 2014 Company Limited	196,252,681	฿647.6m	0%	no data
2.98%	Mid-Siam Sugar Co., Ltd.	145,477,818	฿480.1m	0%	no data
2.71%	Chanin Vongkusolkit	132,363,785	฿436.8m	0%	no data
2.69%	Pan Asia Sugar Fund Ltd	131,400,000	฿433.6m	0%	no data
1.61%	MP Particle Board Co., Ltd.	78,730,820	฿259.8m	0%	no data
1.12%	Banpu Public Company Limited	54,942,051	฿181.3m	0%	no data
1.09%	SCB Asset Management Co., Ltd.	53,116,200	฿175.3m	0.6%	0.15%
0.98%	Social Security Office of Thailand	48,131,300	฿158.8m	0%	no data
0.85%	Eastern Sugar And Cane Public Company Limited	41,465,899	฿136.8m	0%	no data
0.52%	abrdn plc	25,318,300	฿83.6m	0%	no data
0.43%	Dimensional Fund Advisors LP	21,177,500	฿69.9m	10.8%	no data
0.4%	Krung Thai Asset Management PCL	19,664,300	฿64.9m	0%	no data
0.24%	BlackRock, Inc.	11,597,300	฿38.3m	2.08%	no data
0.19%	American Century Investment Management Inc	9,288,900	฿30.7m	9.78%	no data
0.14%	Panida Thepkanjana	6,761,486	฿22.3m	0%	no data
0.12%	Petch Krainukul	6,010,347	฿19.8m	0%	no data
0.11%	Banyong Pongpanich	5,400,000	฿17.8m	0%	no data
0.068%	State Street Global Advisors, Inc.	3,322,778	฿11.0m	-3.29%	no data
0.041%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	2,018,200	฿6.7m	0%	no data
0.039%	Victory Capital Management Inc.	1,922,600	฿6.3m	0%	no data
0.035%	SEI Investments Management Corporation	1,711,300	฿5.6m	0%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/02/07 07:00
End of Day Share Price	2025/02/07 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.

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 Github.

Analyst Sources

The Erawan Group Public Company Limited is covered by 36 analysts. 15 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
Nuanpun Noiruchchukorn	Asia Plus Securities Company Limited
Charti Phrawphraikul	BofA Global Research
Narumon Ekasamut	Bualuang Securities PCL