Ratchthani Leasing Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Kovit Rongwattanasophon

Chief executive officer

฿670.0k

Total compensation

CEO salary percentage	n/a
CEO tenure	22.3yrs
CEO ownership	1.0%
Management average tenure	9.9yrs
Board average tenure	6.6yrs

Recent management updates

Recent updates

CEO

Kovit Rongwattanasophon (63 yo)

22.3yrs

Tenure

฿670,020

Compensation

Mr. Kovit Rongwattanasophon serves as Chief Executive Officer of Ratchthani Leasing Public Company Limited and serves as its President. Mr. Rongwattanasophon has been Managing Director of Ratchthani Leasin...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Virat Chinprapinporn	Executive Chairman of the Board	22.3yrs	฿804.02k	0.69% THB 75.1m
Kovit Rongwattanasophon	CEO, MD & Executive Director	no data	฿670.02k	0.99% THB 108.2m
Unchan Srisom	Senior VP of Accounting & Strategic Planning and CFO	12.8yrs	no data	no data
Vivat Kongyotkullaphat	Head of Compliance & Assistant Company Secretary	5.8yrs	no data	no data
Khomsan Boonyoiyad	Deputy Managing Director of Hire Purchase & Marketing and Branch Administration	no data	no data	no data
Sootchai Viriyalappa	Assistant Managing Director of Business Support	no data	no data	no data
Jaturaput Hnudang	Assistant Managing Director of Commercial Loans	8.8yrs	no data	no data
Chatuphat Nudang	Assistant Managing Director	no data	no data	no data
Wichai Sathiarujikanon	Head of Internal Audit	no data	no data	no data
Ponlaphe Sakkayapapwicharnon	Senior Assistant MD of Credit Control & Company Secretary	11yrs	no data	0.23% THB 25.5m

9.9yrs

Average Tenure

59yo

Average Age

Experienced Management: THANI's management team is seasoned and experienced (9.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Virat Chinprapinporn	Executive Chairman of the Board	22.3yrs	฿804.02k	0.69% THB 75.1m
Kovit Rongwattanasophon	CEO, MD & Executive Director	22.3yrs	฿670.02k	0.99% THB 108.2m
Suvarnapha Suvarnaprathip	Non-Executive Director	4.8yrs	฿645.02k	no data
Suvit Arunanondchai	Independent Director	13.8yrs	฿855.02k	no data
Somjate Moosirilert	Non-Executive Director	4.8yrs	฿830.02k	no data
Naree Boontherawara	Independent Director	6.6yrs	฿795.02k	no data
Varavudh Varaporn	Independent Director	14.9yrs	฿845.02k	no data
Kamtorn Tantisirivat	Non-Executive Director	4.3yrs	฿790.02k	no data
Thakol Nunthirapakorn	Independent Director	22.3yrs	฿844.02k	no data
Sorasak Chayaraks	Non-Executive Director	4.3yrs	฿670.02k	no data
Pichai Kititti	Director	2.3yrs	฿403.34k	0.54% THB 58.7m

6.6yrs

Average Tenure

68.5yo

Average Age

Experienced Board: THANI's board of directors are considered experienced (6.6 years average tenure).

Ratchthani Leasing Management

Management criteria checks 4/4

Key information

Recent management updates

Less than half of directors are independent

Ratchthani Leasing Public Company Limited Announces Board Changes

Less than half of directors are independent

Ratchthani Leasing Public Company Limited, Annual General Meeting, Apr 08, 2021

Recent updates

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

Consensus EPS estimates fall by 14%

Consensus EPS estimates fall by 14%

Price target decreased by 8.9% to ฿2.31

Second quarter 2024 earnings: EPS misses analyst expectations

Investor sentiment deteriorates as stock falls 19%

Price target increased by 7.5% to ฿2.61

First quarter 2024 earnings released: EPS: ฿0.061 (vs ฿0.072 in 1Q 2023)

New minor risk - Shareholder dilution

Ratchthani Leasing Public Company Limited Approves Cash Dividend for the Year 2023, Payable on 29 April 2024

Consensus revenue estimates fall by 11%

Price target decreased by 11% to ฿2.43

Upcoming dividend of ฿0.02 per share

Dividend reduced to ฿0.02

Full year 2023 earnings: EPS and revenues miss analyst expectations

Ratchthani Leasing Public Company Limited Proposes Dividend Payment for the Year 2023, Payable on 29 April 2024

Now 21% undervalued after recent price drop

Now 21% undervalued after recent price drop

Third quarter 2023 earnings released: EPS: ฿0.044 (vs ฿0.08 in 3Q 2022)

Second quarter 2023 earnings released: EPS: ฿0.075 (vs ฿0.087 in 2Q 2022)

Consensus EPS estimates fall by 20%, revenue upgraded

Price target decreased by 9.7% to ฿4.50

Full year 2022 earnings released: EPS: ฿0.31 (vs ฿0.30 in FY 2021)

Upcoming dividend of ฿0.17 per share at 4.2% yield

Less than half of directors are independent

Second quarter 2022 earnings released: EPS: ฿0.087 (vs ฿0.076 in 2Q 2021)

Ratchthani Leasing Public Company Limited Announces Board Changes

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

Less than half of directors are independent

Upcoming dividend of ฿0.17 per share

Ratchthani Leasing Public Company Limited Approves to Propose Dividend Payment for the Year 2021, Payable on 27 April 2022

Full year 2021 earnings: EPS exceeds analyst expectations

Third quarter 2021 earnings released: EPS ฿0.071 (vs ฿0.13 in 3Q 2020)

Second quarter 2021 earnings released: EPS ฿0.076 (vs ฿0.12 in 2Q 2020)

First quarter 2021 earnings released: EPS ฿0.075 (vs ฿0.12 in 1Q 2020)

Full year 2020 earnings released: EPS ฿0.40 (vs ฿0.52 in FY 2019)

Revenue and earnings beat expectations

Ratchthani Leasing Public Company Limited, Annual General Meeting, Apr 08, 2021

New 90-day high: ฿4.38

Investor sentiment improved over the past week

New 90-day high: ฿4.10

Third quarter 2020 earnings released: EPS ฿0.13

Analysts lower EPS estimates to ฿0.38

New 90-day low - ฿3.14

Earnings released

New 90-day high - ฿4.24

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age