Sunsweet Management

Management criteria checks 3/4

Sunsweet's CEO is Ongart Kittikhunchai, appointed in May 2024, has a tenure of less than a year. directly owns 2.97% of the company’s shares, worth THB91.54M. The average tenure of the management team and the board of directors is 3.8 years and 7.8 years respectively.

Key information

Ongart Kittikhunchai

Chief executive officer

฿300.0k

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	3.0%
Management average tenure	3.8yrs
Board average tenure	7.8yrs

Recent management updates

Recent updates

CEO

Ongart Kittikhunchai (68 yo)

less than a year

Tenure

฿300,000

Compensation

Mr. Ongart Kittikhunchai had been Chief Executive Officer of Sunsweet Public Company Ltd (formerly, Sunsweet Co.,Ltd.) since 1997 until May 11, 2023 and serves as its Director since December 25, 1997 and a...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Ongart Kittikhunchai	CEO & Executive Director	less than a year	฿300.00k	2.97% THB 91.5m
Morakot Kittikhunchai	Vice Chairman & Deputy CEO of Production	26.9yrs	฿300.00k	0.48% THB 14.8m
Jiraporn Kittikhunchai	Deputy CEO & Director	no data	฿300.00k	10.02% THB 308.8m
Suraporn Prasatngamloet	Executive Director	27.8yrs	฿300.00k	no data
Vira Nopwattanakorn	Chief Financial Officer	less than a year	no data	no data
Panlop Boontueng	Chief Operating Officer	3.8yrs	no data	no data
Varaporn Kammanid	Accounting Manager	6.8yrs	no data	no data
Rattasak Nookong	Chief Engineering & Information Technology Officer and CTO	2.3yrs	no data	no data
Adisai Samniang	Chief Marketing Officer	3.8yrs	no data	no data
Amphun Suriyoung	Chief Production Officer	no data	no data	no data
Wanyarat Chaichana	Company Secretary	3.8yrs	no data	no data

3.8yrs

Average Tenure

54yo

Average Age

Experienced Management: SUN's management team is considered experienced (3.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Ongart Kittikhunchai	CEO & Executive Director	26.9yrs	฿300.00k	2.97% THB 91.5m
Morakot Kittikhunchai	Vice Chairman & Deputy CEO of Production	26.9yrs	฿300.00k	0.48% THB 14.8m
Jiraporn Kittikhunchai	Deputy CEO & Director	26.9yrs	฿300.00k	10.02% THB 308.8m
Suraporn Prasatngamloet	Executive Director	26.9yrs	฿300.00k	no data
Warapong Nandabhiwat	Independent Director	7.8yrs	฿625.00k	0.43% THB 13.4m
Krairit Boonyakiat	Independent Chairman	7.8yrs	฿725.00k	no data
Pichai Kojamitr	Independent Vice Chairman	7.8yrs	฿700.00k	no data
Chaiyot Suntivong	Director	7.8yrs	฿590.00k	no data
Udomrat Akkarachinores	Independent Director	2.6yrs	฿585.00k	no data

7.8yrs

Average Tenure

68yo

Average Age

Experienced Board: SUN's board of directors are considered experienced (7.8 years average tenure).

Sunsweet Management

Management criteria checks 3/4

Key information

Recent management updates

Sunsweet Public Company Limited Appoints Vira Nopwattanakorn as Chief Financial Officer, Effective from 14 May 2024

Sunsweet Public Company Limited, Annual General Meeting, Apr 22, 2024

Sunsweet Public Company Limited Announces Retirement of Mr. Vira Nopwattanakorn as Director of Accounting and Finance (CFO), Effective on December 30, 2023

Sunsweet Public Company Limited Announces Retirement of Mr. Vira Nopwattanakorn as Director of Accounting and Finance (CFO), Effective on December 30, 2023

Less than half of directors are independent

Less than half of directors are independent

Recent updates

Upcoming dividend of ฿0.15 per share

Third quarter 2024 earnings released: EPS: ฿0.18 (vs ฿0.11 in 3Q 2023)

Now 20% undervalued after recent price drop

Now 21% undervalued after recent price drop

Now 20% undervalued after recent price drop

Second quarter 2024 earnings released: EPS: ฿0.09 (vs ฿0.075 in 2Q 2023)

Sunsweet Public Company Limited Appoints Vira Nopwattanakorn as Chief Financial Officer, Effective from 14 May 2024

Sunsweet Public Company Limited Approves Dividend for the Year Ended December 31, 2023, Payable on May 20, 2024

Upcoming dividend of ฿0.25 per share

Final dividend increased to ฿0.35

Sunsweet Public Company Limited, Annual General Meeting, Apr 22, 2024

Full year 2023 earnings released: EPS: ฿0.55 (vs ฿0.19 in FY 2022)

Sunsweet Public Company Limited Proposes Dividend for the Year Ended December 31, 2023, Payable on May 20, 2024

Sunsweet Public Company Limited Announces Retirement of Mr. Vira Nopwattanakorn as Director of Accounting and Finance (CFO), Effective on December 30, 2023

Sunsweet Public Company Limited Announces Retirement of Mr. Vira Nopwattanakorn as Director of Accounting and Finance (CFO), Effective on December 30, 2023

New major risk - Earnings quality

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Upcoming dividend of ฿0.10 per share at 2.4% yield

Second quarter 2023 earnings released: EPS: ฿0.09 (vs ฿0.04 in 2Q 2022)

Investor sentiment deteriorates as stock falls 18%

Price target increased by 13% to ฿7.20

Investor sentiment improves as stock rises 15%

Upcoming dividend of ฿0.10 per share at 3.2% yield

Now 21% undervalued after recent price drop

Less than half of directors are independent

Investor sentiment deteriorated over the past week

Price target increased to ฿8.60

Less than half of directors are independent

Upcoming dividend of ฿0.15 per share

Sunsweet Public Company Limited, Annual General Meeting, Apr 20, 2022

Price target increased to ฿8.60

Upcoming dividend of ฿0.10 per share

Consensus EPS estimates increase to ฿0.39

Investor sentiment improved over the past week

Consensus forecasts updated

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Consensus forecasts updated

Investor sentiment improved over the past week

Upcoming dividend of ฿0.30 per share

Investor sentiment improved over the past week

New 90-day high: ฿6.45

Investor sentiment improved over the past week

Investor sentiment improved over the past week

New 90-day high: ฿5.80

Price target raised to ฿6.18

Analysts increase EPS estimates to ฿0.46

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age