Ratchthani Leasing Management

Management criteria checks 3/4

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	22.4yrs
CEO ownership	1.0%
Management average tenure	10yrs
Board average tenure	6.7yrs

Recent management updates

Recent updates

CEO

Kovit Rongwattanasophon (63 yo)

22.4yrs

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	22.4yrs	฿804.02k	0.69% THB 68.6m
Kovit Rongwattanasophon	CEO, MD & Executive Director	no data	฿670.02k	0.99% THB 98.9m
Unchan Srisom	Senior VP of Accounting & Strategic Planning and CFO	12.9yrs	no data	no data
Vivat Kongyotkullaphat	Head of Compliance & Assistant Company Secretary	5.9yrs	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	8.9yrs	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	11.1yrs	no data	0.23% THB 23.3m

10.0yrs

Average Tenure

59yo

Average Age

Experienced Management: THANI's management team is seasoned and experienced (10 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Virat Chinprapinporn	Executive Chairman of the Board	22.4yrs	฿804.02k	0.69% THB 68.6m
Kovit Rongwattanasophon	CEO, MD & Executive Director	22.4yrs	฿670.02k	0.99% THB 98.9m
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	4.9yrs	฿830.02k	no data
Naree Boontherawara	Independent Director	6.7yrs	฿795.02k	no data
Varavudh Varaporn	Independent Director	15yrs	฿845.02k	no data
Kamtorn Tantisirivat	Non-Executive Director	4.3yrs	฿790.02k	no data
Thakol Nunthirapakorn	Independent Director	22.4yrs	฿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 53.6m

6.7yrs

Average Tenure

68.5yo

Average Age

Experienced Board: THANI's board of directors are considered experienced (6.7 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/25 04:11
End of Day Share Price	2024/12/25 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

Ratchthani Leasing Public Company Limited is covered by 11 analysts. 4 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
Kitichan Sirisukarcha	CGS International
Rawisara Suwanumphai	FSS International Advisory
Jitra Amornthum	FSS International Advisory

Ratchthani Leasing Management

Management criteria checks 3/4

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

Now 20% undervalued after recent price drop

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

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources