Panjawattana Plastic Management

Management criteria checks 3/4

Panjawattana Plastic's CEO is Satit Hemmondharop, appointed in Jan 2014, has a tenure of 10.83 years. directly owns 5.5% of the company’s shares, worth THB85.74M. The average tenure of the management team and the board of directors is 9.8 years and 13.8 years respectively.

Key information

Satit Hemmondharop

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	10.8yrs
CEO ownership	5.5%
Management average tenure	9.8yrs
Board average tenure	13.8yrs

Recent management updates

Recent updates

CEO

Satit Hemmondharop (56 yo)

10.8yrs

Tenure

฿80,000

Compensation

Mr. Satit Hemmondharop has been the Chief Executive Officer and Acting Chief Marketing Officer of Panjawattana Plastic Public Company Limited since 2011 and 2014 respectively. Mr. Hemmondharop served as De...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Satit Hemmondharop	CEO, Acting Chief Marketing Officer & Director	10.8yrs	฿80.00k	5.5% THB 85.7m
Wiwat Hemmondharop	Chairman of the Board of Executive Directors	10.8yrs	฿90.00k	10.75% THB 167.8m
Pirun Hemmondharop	Vice CEO	7.8yrs	฿80.00k	9.24% THB 144.2m
Malee Hemmondharop	Vice CEO & Director	13.8yrs	฿60.00k	11.32% THB 176.6m
Penchan Tobarameekul	Chief Executive Officer	3.3yrs	no data	no data
Prim Chaiyawat	CFO & Secretary	13.3yrs	no data	0.082% THB 1.3m
Nichalak Muanpuek	Chief Operating Officer	3.3yrs	no data	no data
Seksan Sinbunluekul	Chief Product Engineer & Development Officer	8yrs	no data	no data
Supattra Nitjaya	Head of Internal Audit	9.8yrs	no data	no data

9.8yrs

Average Tenure

50yo

Average Age

Experienced Management: PJW's management team is seasoned and experienced (9.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Satit Hemmondharop	CEO, Acting Chief Marketing Officer & Director	32.1yrs	฿80.00k	5.5% THB 85.7m
Wiwat Hemmondharop	Chairman of the Board of Executive Directors	37yrs	฿90.00k	10.75% THB 167.8m
Pirun Hemmondharop	Vice CEO	13.8yrs	฿80.00k	9.24% THB 144.2m
Malee Hemmondharop	Vice CEO & Director	13.7yrs	฿60.00k	11.32% THB 176.6m
Damri Sukhotanang	Independent Chairman of the Board	13.3yrs	฿610.00k	0.044% THB 682.6k
Charanya Sangsukdee	Independent Director	13.8yrs	฿500.00k	0.044% THB 682.6k
Kongsak Hemmontharop	Vice Chairman	13.7yrs	฿60.00k	2.99% THB 46.6m
Natthawut Khemayotin	Independent Director	13.8yrs	฿490.00k	0.044% THB 682.6k
Prasert Patradhilok	Independent Director	2.8yrs	no data	no data

13.8yrs

Average Tenure

58.5yo

Average Age

Experienced Board: PJW's board of directors are seasoned and experienced ( 13.8 years average tenure).

Panjawattana Plastic Management

Management criteria checks 3/4

Key information

Recent management updates

Panjawattana Plastic Public Company Limited, Annual General Meeting, Apr 22, 2024

Less than half of directors are independent

Less than half of directors are independent

Dr. Aekkachai Nittayagasetwat Not Resume Independent Director Position and All Positions in Panjawattana Plastic Public Company Limited

Panjawattana Plastic Public Company Limited, Annual General Meeting, Apr 02, 2021

Recent updates

New major risk - Financial position

A group of buyers agreed to acquire an unknown minority stake in Master Laundry Company Limited from Panjawattana Plastic Public Company Limited (SET:PJW) for THB 19.1 million.

A group of buyers agreed to acquire an unknown minority stake in Master Laundry Company Limited from Panjawattana Plastic Public Company Limited (SET:PJW) for THB 19.1 million.

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Price target decreased by 18% to ฿5.30

First quarter 2024 earnings released: EPS: ฿0.071 (vs ฿0.067 in 1Q 2023)

Panjawattana Plastic Public Company Limited Approves Dividend for the Year Ended December 31, 2023, Payable on May 17, 2024

Upcoming dividend of ฿0.06 per share

Now 20% overvalued

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Panjawattana Plastic Public Company Limited Proposes Dividend for the Year Ended December 31, 2023, Payable on May 17, 2024

Panjawattana Plastic Public Company Limited, Annual General Meeting, Apr 22, 2024

Now 21% undervalued after recent price drop

Upcoming dividend of ฿0.06 per share at 3.1% yield

Panjawattana Plastic Public Company Limited Announces Cash Dividend, Payable on February 14, 2024

Third quarter 2023 earnings: EPS in line with expectations, revenues disappoint

Second quarter 2023 earnings released: EPS: ฿0.068 (vs ฿0.018 in 2Q 2022)

First quarter 2023 earnings released: EPS: ฿0.064 (vs ฿0.069 in 1Q 2022)

Upcoming dividend of ฿0.05 per share at 1.1% yield

Third quarter 2022 earnings released: EPS: ฿0.032 (vs ฿0.051 in 3Q 2021)

Less than half of directors are independent

Panjawattana Plastic Public Company Limited Approves Interim Dividend, Payable on October 27, 2022

Second quarter 2022 earnings released: EPS: ฿0.02 (vs ฿0.08 in 2Q 2021)

Panjawattana Plastic Public Company Limited Proposes Dividend Payment

Investor sentiment improved over the past week

First quarter 2022 earnings: EPS misses analyst expectations

Less than half of directors are independent

Upcoming dividend of ฿0.08 per share

Dr. Aekkachai Nittayagasetwat Not Resume Independent Director Position and All Positions in Panjawattana Plastic Public Company Limited

Panjawattana Plastic Public Company Limited Announces Dividend, Payable on May 5, 2022

Full year 2021 earnings: EPS misses analyst expectations

Panjawattana Plastic Public Company Limited (SET:PJW) entered into an agreement to acquire a 99.99% stake in Master Laundry Company Limited from Federal Holdings Company Limited for THB 63 million.

Upcoming dividend of ฿0.08 per share

Third quarter 2021 earnings released: EPS ฿0.054 (vs ฿0.028 in 3Q 2020)

Second quarter 2021 earnings released: EPS ฿0.08 (vs ฿0.009 in 2Q 2020)

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

First quarter 2021 earnings released: EPS ฿0.075 (vs ฿0.06 in 1Q 2020)

Investor sentiment improved over the past week

Upcoming dividend of ฿0.13 per share

Investor sentiment improved over the past week

Full year 2020 earnings released: EPS ฿0.20 (vs ฿0.11 in FY 2019)

Panjawattana Plastic Public Company Limited, Annual General Meeting, Apr 02, 2021

Investor sentiment improved over the past week

New 90-day high: ฿2.22

Investor sentiment improved over the past week

New 90-day high: ฿1.58

New 90-day high: ฿1.45

New 90-day high: ฿1.40

Third quarter 2020 earnings released: EPS ฿0.028

New 90-day low: ฿1.24

Earnings released

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age