Asphere Innovations Management

Management criteria checks 3/4

Asphere Innovations' CEO is Kittipong Prucksa-Aroon, appointed in May 2022, has a tenure of 2.58 years. directly owns 0% of the company’s shares, worth THB2.77K. The average tenure of the management team and the board of directors is 1.6 years and 12.1 years respectively.

Key information

Kittipong Prucksa-Aroon

Chief executive officer

฿300.0k

Total compensation

CEO salary percentage	n/a
CEO tenure	2.6yrs
CEO ownership	0.0001%
Management average tenure	1.6yrs
Board average tenure	12.1yrs

Recent management updates

Recent updates

CEO

Kittipong Prucksa-Aroon (56 yo)

2.6yrs

Tenure

฿300,000

Compensation

Mr. Kittipong Prucksa-Aroon serves as Managing Director at Asphere Innovations Public Company Limited (formerly known as Asiasoft Corporation Public Company Limited) and served as Managing Director at Asph...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Kittipong Prucksa-Aroon	CEO, CEO of Blockchain & Innovation Technologies Business Group	2.6yrs	฿300.00k	0.00014% THB 2.8k
Chek Wai Ung	Chief Financial Officer	no data	no data	no data
Chawanin Tritavornyuenyong	Accounting & Finance Director	no data	no data	no data
Asa Piwkhum	Chief Marketing Operations Officer of Online Game Group - Play Park	less than a year	no data	no data
Krispol Jaijongrak	Chief Operating Officer Online Game Group - Playpark	less than a year	no data	no data
Apollo Dionglay	Chief Commercial Officer of Online Game Group - Playpark	less than a year	no data	no data
Quach Dong Quang	Chief Executive Officer of Online Game Group - Play Park	2.9yrs	no data	no data
Weena Ouppakham	Company Secretary	3.8yrs	no data	no data

1.6yrs

Average Tenure

56yo

Average Age

Experienced Management: AS's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Kittipong Prucksa-Aroon	CEO, CEO of Blockchain & Innovation Technologies Business Group	4.7yrs	฿300.00k	0.00014% THB 2.8k
Monluedee Sookpantarat	Independent Director	17.1yrs	฿510.00k	0.080% THB 1.6m
Pramoth Sudjitporn	Chairman	17.6yrs	฿420.00k	37.12% THB 733.9m
Chalermphong Jitkuntivong	Independent Director	17.6yrs	฿600.00k	0.15% THB 3.0m
Yanaphon Youngyuen	Independent Director	7.1yrs	฿510.00k	0.037% THB 732.7k
Teeradet Dumrongbhalasitr	Director	less than a year	no data	no data

12.1yrs

Average Tenure

63yo

Average Age

Experienced Board: AS's board of directors are seasoned and experienced ( 12.1 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/27 20:23
End of Day Share Price	2024/12/27 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

Asphere Innovations Public Company Limited is covered by 4 analysts. 0 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
Pongrat Ratanatavanananda	Bualuang Securities PCL
Chirasit Vuttigrai	DBS Vickers Research
Nicky Wong	Phillip Securities (HK)

Asphere Innovations Management

Management criteria checks 3/4

Key information

Recent management updates

Asphere Innovations Public Company Limited, Annual General Meeting, Apr 26, 2024

High number of new directors

Asphere Innovations Public Company Limited Announces Board Changes

Insufficient new directors

Less than half of directors are independent

Asiasoft Corporation Public Company Limited Approves to Appoint Kittipong Prucksa-Aroon to Be a Chief Executive Officer of Blockchain & Fintech

Recent updates

Now 21% overvalued

Now 23% overvalued

Investor sentiment improves as stock rises 17%

Third quarter 2024 earnings released: EPS: ฿0.08 (vs ฿0.16 in 3Q 2023)

Investor sentiment improves as stock rises 24%

Investor sentiment improves as stock rises 21%

Now 25% overvalued

Investor sentiment improves as stock rises 19%

Now 20% overvalued

Second quarter 2024 earnings released: EPS: ฿0.10 (vs ฿0.057 in 2Q 2023)

Investor sentiment deteriorates as stock falls 15%

Now 8.8% undervalued after recent price drop

Now 29% overvalued

Investor sentiment deteriorates as stock falls 17%

New minor risk - Share price stability

Investor sentiment deteriorates as stock falls 18%

First quarter 2024 earnings released: EPS: ฿0.15 (vs ฿0.086 in 1Q 2023)

Asphere Innovations Public Company Limited Refrains from Paying Dividend for the Accounting Period Ended December 31, 2023

Investor sentiment deteriorates as stock falls 15%

Full year 2023 earnings released: EPS: ฿0.43 (vs ฿0.58 in FY 2022)

Asphere Innovations Public Company Limited, Annual General Meeting, Apr 26, 2024

High number of new directors

Asphere Innovations Public Company Limited Announces Board Changes

Asphere Innovations Public Company Limited (SET:AS) announces an Equity Buyback for 15,000,000 shares, representing 2.96% for THB 120 million.

New minor risk - Earnings quality

New minor risk - Market cap size

Investor sentiment deteriorates as stock falls 16%

Free Ocean Games Pte. Ltd. agreed to acquire a 61.68% stake in CIB Development Sdn. Bhd. from Asphere Innovations Public Company Limited (SET:AS) for MYR 12.3 million.

Now 20% undervalued after recent price drop

New minor risk - Share price stability

Investor sentiment deteriorates as stock falls 15%

First quarter 2023 earnings released: EPS: ฿0.09 (vs ฿0.23 in 1Q 2022)

Insufficient new directors

Upcoming dividend of ฿0.23 per share at 3.2% yield

Consensus revenue estimates fall by 17%

Price target decreased by 34% to ฿12.55

Sabuy Technology Public Company Limited (SET:SABUY) acquired a 10.3853% stake in Asiasoft Corporation Public Company Limited (SET:AS) from Pramoth Sudjitporn and Saowaluck Jitsumrit.

Price target decreased to ฿18.30

Less than half of directors are independent

Now 20% undervalued

Now 23% undervalued

Upcoming dividend of ฿0.30 per share

Second quarter 2022 earnings released: EPS: ฿0.19 (vs ฿0.26 in 2Q 2021)

Asiasoft Corporation Public Company Limited Announces Interim Dividend for the first six months of the fiscal year 2022, Payable on September 8, 2022

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Asiasoft Corporation Public Company Limited Approves to Appoint Kittipong Prucksa-Aroon to Be a Chief Executive Officer of Blockchain & Fintech

Less than half of directors are independent

Asiasoft Corporation Public Company Limited Approves Dividend for the Year 2021, Payable on May 9, 2022

Investor sentiment deteriorated over the past week

Price target increased to ฿24.00

Upcoming dividend of ฿0.30 per share

Price target increased to ฿24.00

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

Asiasoft Corporation Public Company Limited Proposes Dividend, Payable on May 9, 2022

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS ฿0.30 (vs ฿0.25 in 3Q 2020)

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Upcoming dividend of ฿0.40 per share

Second quarter 2021 earnings released: EPS ฿0.26 (vs ฿0.29 in 2Q 2020)

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Asiasoft Corporation Public Company Limited (SET:AS) agreed to acquire an unknown stake in Cong Ty Tnhh Chau A Mem Co for THB 37.8 million.

Investor sentiment improved over the past week

First quarter 2021 earnings released: EPS ฿0.25 (vs ฿0.05 in 1Q 2020)

Investor sentiment improved over the past week

Investor sentiment improved over the past week